Lower TP as i think it will just pump a bit then rug a lot. Dont expect it to hit 400%
SOL has just broken its trenline, on 4H TF. Volume indicator MFI had broken also its support. Selling pressure can increase faster. If BTC goes sideline or becomes weaker, SOL would go deeper. A reasonable target would be the EMA 50D ($16.44). If things are worse for crypto in the next days, we could think about the second target ($12.78). This trade is...
AUDNZD After being in the uptrend, it broke the resistance from the up trend and is heading towards the support at the price of 1.065 The price is in a position with high volume node, also at the support at 1.065 is volume, and I think it will break the support as well. On weekly chart the price is bearish, which can count the same for another week.
GBPUSD Has reached the point of resistenza. Usd Still is strong because DXY goes up. The sellers have responded positively to the structure at the price of 1.2420/1.2450 My opinion is that it will reach the price of 1.2280. From there it can form a UPTREND and break the resistance zone from 1.2420/1.2450, or go lower and lower to the price of 1.2120. Like and...
#ENJUSD -See the important defense zones. -Red colors for sale zones. -Green colors for purchase zones. *Breakout of the region with confirmations initiates a countertrend of the indicated zones.
EURNZD It reached a strong point of resistance where it was rejected, which confirms a strong resistance. The volume looks like it attracts sellers It would be a better time to enter at the price of 1.6886/1.6878 Likes and comments if you want more trading setup. Thank you!
A potential bearish continuation pattern is forming on the 4-hour chart around last week’s VPOC (volume point of control). RSI (14) produced a bearish divergence ahead of the selloff and remains below 50 to show negative momentum overall. Prices remain beneath the weekly and pivot point and monthly R1, so now seeking evidence of a swing high beneath those levels...
A triangle is forming and it is expected to break down and reach the support areas
Volatility was high during the Asian and US session yesterday, which saw a reversal of fortunes for the Japanese yen and the US dollar track Wall Street lower by the close on concerns the US is already in a recession. The yen originally weakened and sent USD/JPY over 250 pips higher as the BOJ did absolutely nothing, catching pre-emptive hawkish bets off guard....
Khepri, Ra, the morning sun. A never ending cycle of death and rebirth. The Bitcoin weekly candle is a deep Evening Star showing bearish continuation. Ashes to ashes. Like clockwork, the morning star will rise again. Rebirth.
I believe that we will see a final decline in the German Stock Exchange index, in order to complete the expanding triangle, which is wave 4
The first appearance of negative signs.. a head and two shoulder
Nifty Banknifty Intraday Post Market Analysis | Hits & Misses
Click on Boost (like) to support these free analyses This expectation is a framework to look for a potential trading setup; I recommend you to not just execute based on these levels. I always wait for confirmations on lower timeframes This Analysis was done using my complete Strategy which includes: - Smart Money Concepts - Multi Timeframe Liquidity and Market...
Adaniports broke out of triangle pattern on 30 min TF with good volumes. Could be bought with mentioned stoploss & targets.
17 Jan US pre-opening (M30, Intraday,) Weakening of demand observed, with possibility of short on test of recent high Plan: 1) If channel's supply line becomes resistance, e.g, price close below channel supply line, and is resisted, look for short. 2) If price close above channel, and price shows support, look for long.