XAUUSD has approached a key support area at 2320, where a bullish reversal is anticipated. Technical indicators and chart patterns suggest that the market is poised to reverse and move upwards. The target area is set at 2360-2378 and 2388, with a stop loss at 2300 to manage risk effectively. This setup presents a promising opportunity for traders to capitalize on...
Today I'm presenting for your consideration a weekly chart of BITCOIN that over the span of 5 MONTHS has been forming a Bullish Pennant Pattern. The Pattern however is not yet fully formed and though the price has attempted to retest on several occasions now at it's All Time High, the Price has fallen back each time as it appears to consolidate. What we need to...
ANV is an export enterprise and the company benefits from the increase in the domestic VND exchange rate According to technical analysis, after closing the June frame candle, there is a high possibility that ANV price will return to the VND 40.x area from the current price is VND 32.x
Best entry will be the 0.382 measurement of wave 4 & 5, also for the stop loss, use the 0.618 of the same wave. Use the measurement of wave 2 & 3 to get the size of take profit. Expect a retracement once the trade set up is triggered.
We may see something epic happen in the crypto space, honestly I'm long, unless we break 64k below, I wouldn't like that; but my emotions are like birds and when I see something and study it I feel that things can also change...
As I mentioned in my previous posts, I am bullish on Bitcoin and expected a break above $71,000 with a rise to at least $85,000. However, I always consider multiple scenarios. In this post, I want to discuss all the potential outcomes I foresee. The Good Scenario: As shown in the chart, although the price dropped again from the all-time high resistance, the...
My opinion on this currency is based more than anything on the technical situation of Btc, and added to the possibility of Etf approvals, I think we can easily reach the target marked at 6k but, it is sensible to always adjust the stop to profits, either I want my vision to seem somewhat utopian. greetings
BTCUSD has approached the 64,000 area, where a bullish reversal is anticipated. Key technical indicators and chart patterns suggest that the market is poised to reverse and move upwards. The target area is set at 66,000, with a stop loss at 63,000 to manage risk effectively. This setup presents a promising opportunity for traders to capitalize on the expected rise.
Yesterday, Bitcoin dropped to the crucial 60k zone and, after briefly dipping below it, quickly reversed. Although this is a positive sign from a technical standpoint, could it really be that simple? In my opinion, it will not be that simple. In fact, looking at the chart, we see that Bitcoin has formed a double top pattern with the neckline just below the 60k...
Tata Motors Intraday level fo 25th June #TATAMOTORS Selling opportunity below 949 Stop Loss area 960 Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade Point
Dear traders! EUR/USD struggled to attract any meaningful buyers and was weakened by a combination of factors. Political uncertainty in Europe, coupled with Friday's dismal Eurozone PMI, appears to be weighing on the Euro. The Fed's relatively hawkish stance lifted the USD to multi-week highs and continues to act as a headwind.
Prestige Intraday level fo 25th June #PRESTIGE Buying opportunity above 2075 Stop Loss area 2040 Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade Point
Bharatforg Intraday level fo 25th June #BHARATFORG Selling opportunity below 1730 Stop Loss area 1755 Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade Point
Chalofin Intraday level fo 25th June #CHOLAFIN Buying opportunity above 1445 Stop Loss area 1430 Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade Point
Trader Tom, an investing.com technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
Lots of liquidity has been taken from the downside and now were looking at a new bullish direction, there was a breakout to the upside through the resistance line at 128.85 which tells me there is a new trend forming and that there is strong bullish pressure. We also have 2 to 3 ascending triangles, a new bullish trend, and bullish market strucutre. We also have a...
GM crypto bro's, an intense bearish candle hit on the 24th, driving BTC straight to 60K. This morning, the Fear and Greed Index plunged to 30 fear, while the Stoch RSI has been dead in the oversold area for days. Now is the time to start accumulating BTC again. Altcoins are also an option, but it might be better to wait and see, especially with the monthly candle...
Hello. BINANCE:BTCUSDT The situation you see seems that Bitcoin has completed its fourth downward wave and now it is time to break the ascending triangle and complete its 5th wave. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank...