Expecting price to reach the demand zone. The price is still in its discounted price.. Looking for a Long here
The ocean asset has reached a lower high (LH) and shows potential for an upward movement. Observing the Fibonacci level, it's currently trading at a discounted price around the Fibonacci level of 0.71. Buying at the current market price is advisable, as it presents an opportunity to ride the trend upward.
CADJPY in the ascending channel and could be targeting the lower channel line. Take appropriate risk accordingly.
The NZD/CAD pair has exhibited a downward trend but recently rebounded from its resistance level on the 4-hour chart. Divergence is evident on the chart, and market sentiment strongly favors a long position, with over 90% confidence. A trade suggestion is illustrated on the chart, aiming to reach the resistance level upon breaking the previous lower high (LH)....
USDSGD is showing signs of potentially forming an inverse head and shoulders pattern, accompanied by divergence on the chart. Following recent news, there's speculation that DXY might trend bearishly, while SGD could rally. We're monitoring the neckline break closely for potential trading opportunities in line with this pattern. I'm curious to hear your thoughts...
There's a possibility that UK100 might be heading downwards, considering its prolonged upward movement. Two bearish divergences are evident, potentially indicating a formation of a lower high (LH). Divergences are visible across multiple timeframes, strengthening my conviction in the downward trajectory. A trade setup is provided on the chart. I'm interested in...
Following a robust surge, Coinbase experienced a decline over the past week subsequent to its peak. Observable are several bearish divergences and the emergence of a bearish trend marked by declining highs and lows, indicative of a bearish trajectory. A prospective trading suggestion is presented, complete with Entry Point (EP), Take Profit (TP), and Stop Loss...
A rising wedge is taking shape in CHFJPY, accompanied by a noticeable divergence on the chart. There's a likelihood of a reversal in the upward trend. I am prepared to enter the trade upon the breakout of the trend line. I'm curious to hear your thoughts on this setup. Cheers!
Solana experienced a decline from its peak at 120, reaching 84, before initiating another upward rally upon the detection of a bullish divergence. The chart is forming higher highs (HH) and higher lows (HL), providing an opportunity to enter the trade at the flag's breakpoint, affirming our upward trend and establishing new higher highs (HH).
AUDUSD is currently within an ascending channel, displaying a bullish divergence on the 1-hour time frame as it transitions from a higher high (HH) to form a new higher low (HL). Anticipating a breakout to the upside based on the present analysis, a trade recommendation is provided with the expectation of establishing a new higher high (HH).
The ASX200 is in the process of creating a bullish flag on the 1-hour chart following a downward movement. Additionally, a bullish divergence is taking shape, providing confirmation of a reversal from the preceding downtrend. I am initiating an immediate purchase at the current price, anticipating that the price will reach the target outlined by the flag's pole.
Can see head and shoulder forming. It might come uup and retest the shoulder. There is also a divergence on the chart showing a possible reversal of the bullish run it has had.
NZDUSD bullish trend. Buy on potential HL as the trend is still bullish and inn the channel
TSLA is moving sideways on 1H TF. Trade strategy is to either play support orr Resistance with both order types places according to values shown on the chart!
I have taken the orders according to the analysis done on the charts. Waiting for price to reach a Higher Low and set a buy order.
Expecting it to go down as the chart has formed double top Trade are taken on market order according to the values mentioned on the chart. Bearish divergence spotted
USOIL in a downward descending channel on 1D. A trade idea given with TP, EP and SL Currently the price is at fib level 0.38. Expecting it to go down with the current market situation. What do you think? Share your thoughts!
AUDUSD forming a Bullish Rectangle on 1H. The price is showing evidence of breakout from a channel which might lead to more higher prices to see. A trade idea given with 2% Risk & Reward.