From the 1H chart, I have drawn descending and falling trendlines with the resistance falling faster, That is to say I see a falling wedge pattern which might be typically at the bottom of a trend forecasting an upside breakout. LICD made a small move up in the past 3-4 hours of trading. Overall the indicators support the idea of a reversal especially on the...
Beta in falling wedge looking bullish, P: 30% , 50% SL: 15%
NASDAQ:NFLX is one of the big names that has had a tremendous bull run the past year. But after touching $485 only just a month ago, and falling with the rest of tech on the most recent pullback, NFLX currently sits at $404.53 per share and looks to be on the verge of an even larger move down. Here we see a head-n-shoulders pattern with the pattern already...
Secret Network is about to regain support, seems ready for short-term recovery towards 100EMA & 200MA resistances. ⚡️⚡️ #SCRT/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.4X) Amount: 5.0% Current Price: 0.3480 Entry Zone: 0.3458 - 0.3218 Take-Profit Targets: 1) 0.3999 2) 0.4497 3) 0.4995 Stop Targets: 1) 0.2785 Published...
Rising wedge. All info is posted on the chart. Do you think it will hit the target? Comment your thoughts! p.s. I am back to posting charts! -Kelly :)
Chart show's the possibility of the Right angle broadening wedge pattern and the targets. Target 1.118
Multiple time frame analysis for GBPUSD. Important key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
EURUSD is forming a descending price channel for quite a long time. For the last week, a consolidation in the format of a wedge is forming on the chart, which breaks the boundaries of the range TA on the high timeframe: 1) A bounce from 1.08441 support is forming and price is limiting itself to the range 2) The liquidity area where the currency pair may be...
Took a long position on NASDAQ:AMD today hoping we get a breakout from this potential falling wedge here. Had a fake breakdown but then a nice bounce from that 102ish support and is now looking to breakout. Would like to see 113 sometime later this week.
10k in April 2024? This is not sci-fi, but a real scenario that is probably going to happen! Make sure you are ready for what is coming. In this analysis, I will tell you all of the reasons. Bitcoin is extremely weak compared to the stock market or gold. While gold almost hit an all-time high, Bitcoin is near its low from November 2022, which is 16K. The...
As per the harmonics AB=CD, The pair has shown signs of a trend reversal at the D point. D point is the Potential Reversal Zone (PRZ). There is a divergence as well mentioned with a white line on RSI. The entry point, stop loss, and profit levels are the market. Let's hope it goes as planned!
Maker is up-trending for a month but printed 3 shooting stars in a row, looks likely to retrace down to 100EMA support. ⚡️⚡️ #MKR/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (5.0X) Amount: 5.0% Current Price: 1270.0 Entry Zone: 1285.0 - 1340.0 Take-Profit Targets: 1) 1186.0 2) 1091.0 3) 996.5 Stop...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 After price bounced from $1965 resistance level, it started to decline inside falling channel. In channel, Gold broke $1930 level and fall to $1895 resistance level, which coincide with resistance area. But at once price made impulse up to $1985 point, breaking...
Price reached a strong structure level with strong rejection, following price action we anticipate bearish side momentum by way of the rising wedge pattern shown. Manage risk and follow the bag!
As I predicted, CADCHF bounced from a key daily structure support last week. Analysing 4H time frame, I spotted one more bullish signal. This time, the pair broke and closed above a resistance line of a falling wedge pattern. It indicates that the market may potentially go even higher. Next goals - 0.6524 / 0.6544 ❤️Please, support my work with like, thank you!❤️
EURCAD stops near strong resistance and on the background of bullish trend the chart is forming a pattern that can form both upward and downward momentum TA on the high timeframe: 1) Globally, a bullish trend is visible, but before strong resistances the price stops and forms consolidation 2 Consolidation is forming between key liquidity areas TA on the low...
AGL is seeking a weekly and yearly low, current cycle is failed with a possibility of 6 July being a low, however since we expect a bounce in the US dollar index, there is room for AGL to have a lower low. A yearly low is entails price going lower than the highest low of the previous weekly cycle, we have not yet satisfied that parameter with AngloAmerican, the...
Weekly: From November 2022 to the present, the weekly chart of the euro against the U.S. dollar presents an "Uptrend Channel" , and the past five weeks have happened to be in a downward trend. The current price is looking for strong support. It is estimated that the integer around 1.08 is the key support from the graphical observation. Thinking from the weekly...