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GBP/CHF "Pound-Swiss" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the GBP/CHF "Pound-Swiss" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a Bull trade at any point, however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level. Goal 🎯: 1.14800 Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Based on the fundamental analysis, I would conclude that the GBP/CHF 🇬🇧🇨🇭pair is: Bullish Reasons: Interest rate differential: The BoE's higher interest rate (3.5%) compared to the SNB's negative rate (-0.75%) makes the GBP more attractive to investors. Economic growth: The UK's GDP growth (1.1%) is relatively stable, while Switzerland's growth (1.4%) is more dependent on external factors. Trade balance: The UK's trade deficit is a concern, but the SNB's intervention in the FX market could limit CHF appreciation. However, it's essential to consider the following risks: Brexit uncertainty: The ongoing Brexit process could lead to GBP volatility and impact the pair. Global economic slowdown: Weakening economic growth in Europe, China, and other regions could impact the UK's exports and growth. SNB intervention: The SNB's intervention in the FX market could limit CHF depreciation and impact the GBP/CHF pair. Bullish Scenario: Stronger UK economic data, such as GDP growth and inflation, supports the GBP SNB's intervention in the FX market is limited, allowing the CHF to depreciate Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
12 NOV - AAPL BUY - BULLISH TRIANGLE In my previous analysis, during Apple’s retracement period when everyone was panicking, we kept a cool head, and I made an excellent prediction for Apple that hit all the targets I had set. Today, I’m sharing my updated analysis: an ascending bullish triangle on Apple’s 1-day and 1-week charts, with a target set using Fibonacci reversal levels. The Fibonacci retracement zone has already been reached with the August carry trade, but it rebounded quickly. So, if the triangle fails, we might see Apple return to that zone, ready to extend towards the target (green box). Perfect conditions to make some gains from our Apple position.
NASDAQ:AAPLLong
by TheAverageTrader00
5
NZDCAD My Opinion! BUY! My dear followers, I analysed this chart on NZDCAD and concluded the following: The market is trading on 0.8111 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8157 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
Bitcoin's Ultimate Pump: The Trap Before the CrashBitcoin continues its “hype” and is close to forming the next spurt. Globally, the picture looks like close to the distribution zone. We are approaching the biggest “cheat” in history. I expect a final spurt into the zone around 120k, from here a long trade will start where altcoins will shoot up and show incredible gains. The crowd will be experiencing FOMO, heads of state and big companies will start making noise that this is just a pro-trade level for Bitcoin before the next spurt. Only the majority will fall back into the trap and end up in a bear market with huge losses. The market is set up so that only 10% will make money and the other 90% will be cheated. After the distribution is completed, I expect the bitcoin price to fall below the 0.5 Fibonacci level. The RSI value will drop below 30 units on such a drop and we will enter a global fear phase. I would attribute the next bull market to the rise of the DeSci and AI sectors. My research on the cryptocurrency market sectors shows that large funds and corporations are starting to invest in projects in these areas. Horban Brothers.
BITSTAMP:BTCUSDLong
by horbanbrothers
OrderUSDT: Is the Bullish Breakout for Real? Don’t Miss !Yello Paradisers! Are you ready for what could be the next big move? #OrderUSDT is flexing some serious strength compared to the rest of the market. But is it all hype, or are we on the verge of something significant? Let’s break it down. 💎#OrderUSDT has shattered a descending trendline it was stuck in for days. The breakout wasn’t just clean—it’s already retested on lower time frame as well, showing strong probability for sustained upside.After being crushed in a downtrend, the pair has shifted gears into an uptrend. That’s right, Paradisers: higher highs are back on the table. 💎The probability is high for the upside move as A critical resistance zone was flipped into support after formation of double bottom below at support zone. This spot is holding strong and could become the springboard for the next move up. 💎If OrderUSDT pulls back, look for the previous resistance-turned-support zone around $0.22-$0.23.A deeper retracement could test the descending trendline, now a key support near $0.20-$0.21. 💎The next critical resistance zone for OrderUSDT lies between $0.27 and $0.2751, a level that will likely test the strength of the current bullish momentum. A successful break and hold above this area could pave the way for a continuation toward the next significant hurdle at $0.295 to $0.30. Clearing this upper range would not only solidify the bullish structure but also signal the potential for an even stronger upward move, drawing increased market participation and setting the stage for higher targets in the near future. 💎If the pair fails to hold support and drops below $0.18, this would invalidate the bullish scenario and signal a potential return to bearish action. 💎This market loves to shake out the weak hands before making its real move. A pullback here might just be the perfect opportunity to position yourself smartly. But remember: discipline is key. Don’t rush—wait for confirmations at key levels. Stay sharp, Paradisers. This market isn’t for the faint of heart—but for those who stay disciplined, the rewards can be game-changing. Let’s crush it! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3 Emerging Crypto to watch in 2025Since you enjoyed my previous post about 3 Crypto OGs to watch this month... Here's an interesting one about 3 Emerging Crypto to watch in 2025: BINANCE:ARBUSDT ARB rejected a strong a strong support and demand zone marked in red. Waiting for a break above $0.85 structure marked in blue to activate the next bullish impulse towards the $1.5 mark.🎯 BINANCE:TIAUSDT TIA rejected a strong a strong support and demand zone marked in red. Waiting for a break above $5.7 structure marked in blue to activate the next bullish impulse towards the $10 mark.🎯 BINANCE:MKRUSDT MKR rejected a strong a strong support and demand zone marked in red. Waiting for a break above $1700 structure marked in blue to activate the next bullish impulse towards the $2500 mark.🎯 Which altcoins would you like me to cover next? All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
1
Toncoin Outlook after the Dip. What to expect NOW?As you can see, the price is likely forming a cup and handle pattern. If our assumption is correct, we should wait for this pattern to break out to see a price increase. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
GOLD bullish movement continuesThe FOREXCOM:XAUUSD is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD) Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TVC:GOLDLong
by CobraVanguard
4
Unpopular opinion: Bitcoin is worthless. Read why.This idea goes against what BTC whales want you to believe, but it’s my educated conclusion. Let me explain why, and it might change your perspective. The Origins of Bitcoin Bitcoin was the first cryptocurrency, created by Satoshi Nakamoto in 2008 as the pioneer of blockchain technology. Big BTC holders claim it’s “digital gold” with a limited supply. Influential figures and institutions like Michael Saylor, BlackRock, and Fidelity promote this narrative, urging you to adopt their logic and buy in. It’s true that with such big players and media support, Bitcoin’s value has grown tremendously. But does that mean their claims are valid? Let’s dive deeper. The Problem with FOMO Today, a coin like “Fartcoin” can pump 50% and make it into the top 100 cryptos. Why? Because convincing people to buy something often works, even if the product lacks long-term value or sustainability. This phenomenon, driven by FOMO (Fear of Missing Out), does not guarantee intrinsic worth. Let’s Get Logical Crypto is inherently complex and difficult for the average person to understand. Many simply follow what “smarter” people or influencers say on social media. Even major institutions like BlackRock and traditional finance (TradFi) players have only been in the Bitcoin game for a few years—they’re newcomers to the space. Now, ask yourself: If Bitcoin is the first cryptocurrency, does that automatically make it the best? Do we still drive the first cars ever created? The Flawed First-Mover Advantage BTC whales want you to believe that the first is the best and will always remain so. They ignore the concepts of improvement, innovation, and technological advancement. Essentially, they’re asking you to buy the “first car” because they own a lot of them. In reality, Bitcoin was an experimental product that proved finance could exist without traditional banks. It was revolutionary at the time, but technology has since advanced far beyond Bitcoin. Modern blockchain projects, Layer 1 solutions, NFTs, and smart contracts are faster, more sophisticated, and more innovative. Bitcoin is the “first car,” but it belongs in a museum. The financial system, however, is still riding it to extract as much money as possible before its limitations become widely apparent. Bitcoin’s Lack of Utility The internet became mainstream within five years, revolutionizing communication, entertainment, and commerce. Yet after 18 years, Bitcoin remains largely useless—propped up by those who own it and fueled by speculation rather than utility. This focus on Bitcoin has stifled innovation, as other promising crypto projects struggle to gain attention due to the media’s obsession with BTC. Why Bitcoin Is NOT Digital Gold The comparison between Bitcoin and gold is misleading and fundamentally flawed: Gold is a physical, tangible asset. It cannot be duplicated, and there are costs associated with mining, refining, and maintaining it. It has intrinsic value due to its beauty, utility, and millennia-long cultural significance. Bitcoin, on the other hand, is a digital object. By nature, digital assets are infinitely reproducible at no cost (copy function in the computer). While Bitcoin’s cryptographic system creates artificial scarcity, its utility can be replicated and improved by countless other projects. The Fragility of Bitcoin’s Protection Bitcoin’s value relies on its blockchain’s cryptographic protections, which prevent duplication and ensure secure transactions. However, no digital protection has ever been immune to hacking. Over time, as technology advances, it’s possible someone could crack Bitcoin’s security, change the blockchain, or access wallets by breaking passphrases. Do you know any protection that lasted forever? Ask Apple and their DRM, ask Microsoft with their software projections. If that happens, Bitcoin’s value could plummet to zero. Wall Street knows this, and they are profiting while they can. When a hack or major failure occurs, they’ll exit the market, leaving retail investors to bear the losses. Conclusion Bitcoin is not “digital gold,” nor is it a reliable store of value. It was an incredible invention that paved the way for blockchain technology, but its time as a leader is nearing its end. Innovation and technological progress have outpaced Bitcoin, and the idea that it will remain dominant forever is a narrative pushed by those who stand to gain the most from it. Thanks for reading.
BINANCE:BTCUSD
by CryptoNikkoid
128
Stepn GMT price analysisWhile the crypto market continues to stagnate, long-forgotten “hype” projects are trying to “shoot”) 🚀 For example, they decided to give a ray of hope to fans of #Stepn OKX:GMTUSDT sneakers Although there is a prospect of growth of at least x2 to $0.38-0.40, we don't want to buy this asset. 🆗 Because the pump can end at any second and then again many months of sitting in a drawdown. ‼️ Therefore, we would consider this one-time growth as an opportunity to exit the position at $0.40, and if you are lucky, at $0.60 - it's hard to believe higher. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
PolkaDot DOT Has Just Flashed Insane Long Signal!Hello, Skyrexians! Recently we made BINANCE:DOTUSDT analysis for you, where told you that huge pump ahead. There was a price at $5. After that price reached $11 and showed the significant correction. Now most of people are talking that DOT is scam and will reach $2, but we have other opinion. Let's take a look at the daily time frame. As we mentioned before the growth from the bottom to $11 was just the wave 1 of the bull run. May be you don't believe me, but the shape of this wave looks like 5 Elliott waves impulse. Correction has a clear zigzag shape and has been finished inside the 0.61 Fibonacci retracement zone. It was ABC in wave 2. We have seen recently the green dot printed by Bullish/Bearish Reversal Bar Indicator . This is strong long signal. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . The next expected move is the wave 3 inside global wave 3. It shall be rapid without corrections. We expect the nearest target between $19 and $22 in the upcoming 2 months. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
6
AIRE - AI powered real estate tech. & invest. companyReAlpha Tech Corp is a real estate technology company that develops and utilizes its artificial intelligence-focused technology stack to empower retail investor participation in short-term rental properties, which are real estate units listed for a rental term. It provides short-term rental investment opportunities to everyday investors. The company has developed technologies and tools that allow for analysis of short-term rental properties using AI to provide insight into that property's potential profitability and ways to increase such profitability; and has an app for investment into the properties that it purchased aimed at retail investors. The company's reportable segments are; Platform Services, which derives key revenue, and the Rental business segment. Float 11.967M Recent news: reAlpha Acquires USRealty Brokerage Solutions For A Purchase Price Of $250,000 In The Form Of In-Kind Services To Be Provided By The Company reAlpha Acquires USRealty and Invests in Unreal Estate to Gain Ability to Expand into 33 U.S. States Breakout Key- Zone above: $1.50 -1.65 Action: If the stock breaks above this area with strong volume, it might signal a continuation of the upward trend. Overall Market Sentiment: It’s always crucial to consider overall market sentiment when making trading decisions. Resistance Points /Zones: $1.20 $1.40 $2.00 -2.20 $3.00 Surpassing these levels could signal a positive trend. Consider taking profits at these stages to realize gains. Trading Strategy: This could potentially be a pump and dump play, so be cautious. Due to its low float, it has the potential to move extremely fast. This could also be a hidden sleeping giant for the long term! Take Profit (TP): Set a target at $4.00 Stop Loss (SL): Set at under $0.50 or with less risk under $0.80 to mitigate potential losses. Chart Analysis: Please refer to the attached chart for detailed analysis of price trends and movements. Trading Advisory: Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities. Disclaimer: This content is for informational purposes only and should not be considered financial advice.
NASDAQ:AIRELong
by meitshels_smell_trades
1
ALXO - Potential Pre - Run-Up into Phase 1b/2 ConfernceALX Oncology Holdings Inc is a clinical-stage immuno-oncology company focused on helping patients fight cancer by developing a pipeline of product candidates based on expertise in protein engineering and oncology led by the CD47 blocker, evorpacept, currently in phase 1 and 2 clinical trials. Cancer cells leverage CD47, a cell surface protein, as a don't eat me signal to evade detection by the immune system. The company is developing a next-generation checkpoint inhibitor designed to have a high affinity for CD47 and to avoid the limitations caused by hematologic toxicities inherent in other CD47 blocking approaches. Float: 30.437M Short % of Float: 23.74% 12/12/2024 ET Phase 1b/2 presentation due at December 12, 2024. Phase 1b/2 first patient dosed, October 5, 2021. Drug: Zanidatamab and Evorpacept (ALX148) HER2 Breast cancer and solid tumors Strategy: We may observe a slight pre-run-up leading into the presentation. If your position is in profit by that point, it’s wise to secure gains by taking at least partial profits, as the presentation’s outcome is highly speculative. Key Insights on ALXO: ALXO has a robust pipeline, presenting promising growth potential. Key catalysts are expected by mid-2025, which could significantly impact the company’s valuation. Overall Market Sentiment: It’s always crucial to consider overall market sentiment when making trading decisions. Breakout Zone: $1.80 Resistance Point: $1.95 Surpassing these levels could signal a positive trend. Consider taking profits at these stages to realize gains. Risk/Money Management Take Profit (TP): Set a target at $2.20 Stop Loss (SL): Set at under $1.50 to mitigate potential losses. Chart Analysis: Please refer to the attached chart for detailed analysis of price trends and movements. Trading Advisory: Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities. Disclaimer: This content is for informational purposes only and should not be considered financial advice.
NASDAQ:ALXOLong
by meitshels_smell_trades
Be careful with ADAUSDT !!!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to $1.07 after breaking this wedge, but considering the Christmas holidays, this might take a bit longer. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
Weekly CLS, HTF Key level Weekly Order block. Weekly CLS, HTF Key level Weekly Order block. you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
KRAKEN:ETHUSDLong
by Dave-Hunter
Binance Coin (BNB) Analysis: towards $24001-Technical Overview: BNB is in a strong long-term uptrend, trading within a rising channel. Right now, it’s sitting at $704, with recent momentum pushing the price higher by about 7.77%. Support Levels: $460–$500, which aligns with the bottom of the channel and previous consolidation zones. Resistance Levels: The top of the channel, potentially between $2,600 and $4,000 in the long term. The price might see a pullback toward the lower part of the channel before heading higher. If it breaks out above the channel, we could see a significant rally. 2-Fundamental Perspective BNB is much more than just another cryptocurrency, it powers the entire Binance ecosystem. Here are the key drivers: Utility: BNB is used for trading fee discounts, staking, and powering applications on the Binance Smart Chain (BSC). As DeFi and NFTs on BSC grow, so does demand for BNB. Burning Mechanism: Binance regularly burns a portion of BNB supply, making the token deflationary. With fewer tokens in circulation and growing demand, this could push the price higher over time. Binance's Strength: Being tied to the world’s largest crypto exchange gives BNB a competitive edge. Its utility and adoption grow as Binance expands its services globally. Market Sentiment: Crypto markets are recovering, and Bitcoin’s recent rally is lifting altcoins like BNB. However, regulatory news and macroeconomic conditions could bring volatility.
Long
by melikatrader94
4
Exploring the Potential of $TEMA: The Raccoon-Inspired MemecoinThe world of cryptocurrency is no stranger to innovation, and $TEMA, the Solana-based, animal-themed memecoin, is no exception. Representing Tema, the world’s most famous raccoon with a combined social media following of over 4.7 million across TikTok, YouTube, and Instagram, $TEMA merges the charm of a globally recognized online personality with the disruptive potential of blockchain technology. This token has captivated both retail investors and seasoned traders alike. Let’s dive into its technical and fundamental aspects to uncover why $TEMA could be a major win for 2025. Positioning in the Crypto Space $TEMA is not just another memecoin; it stands out by leveraging Tema’s established global audience. This raccoon’s undeniable charisma has built a vibrant community, which $TEMA now brings into the Web3 space. By holding $TEMA tokens, investors align themselves with a thriving ecosystem driven by Tema’s engaging content and social media influence. Robust Roadmap and Utility The $TEMA roadmap is focused on long-term value creation through utility-driven initiatives. Token holders are rewarded with features that promote loyalty and community growth, ensuring the project’s sustainability. The team’s commitment to fostering a dynamic ecosystem bridges the gap between social media influence and blockchain innovation. Trading Volume and Market Metrics The trading activity around $TEMA has been impressive. With a daily trading volume of $12,059,591—up 16.90% in the last 24 hours—the token signals a surge in market interest. The current market capitalization stands at $52,933,626, ranking $TEMA at #821 on CoinGecko. These figures demonstrate growing adoption and strong market momentum. Price Milestones $TEMA achieved its all-time high of $0.06265 on December 26, 2024, and remains just 18.52% below that level. Its lowest price of $0.0007834, recorded on November 25, 2024, highlights an astounding 6,415.12% increase since then. These milestones underscore the token’s volatility and growth potential. Technical Analysis At the time of writing, $TEMA is trading with a 9.81% increase in daily performance. The token has shown resilience after a successful consolidation phase and is gearing up for a breakout. Key Resistance and Support Levels - Resistance: A breakout could see $TEMA aiming for the $0.078 resistance level. This target aligns with bullish momentum and growing market activity. - Support: In the event of a pullback, immediate support lies at the 38.2% Fibonacci retracement level. A breach of this level could lead to a downward spiral, potentially revisiting its one-month low. Technical Indicators $TEMA has outperformed the global cryptocurrency market, which is down by 2.10%, and is leading its memecoin peers with a 149.70% price increase in the last seven days. This strong relative performance indicates robust market confidence. Future Outlook The $TEMA ecosystem is well-positioned for growth in 2025, with its unique blend of social media influence and blockchain utility. The team’s strategic focus on maintaining utility and fostering community engagement ensures a solid foundation for long-term success. As $TEMA continues to gain traction, its innovative approach could redefine how online personalities and blockchain technology intersect. For investors seeking a high-potential opportunity in the memecoin sector, $TEMA offers a compelling case. Its combination of strong fundamentals, growing community, and promising technical outlook makes it a token to watch closely in the coming year.
RAYDIUM:TEMASOL_9KJSZ4.USDLong
by DEXWireNews
Bitcoin/USDT AnalysisCurrent Price: The chart shows Bitcoin trading at approximately $95,660, with recent downward momentum (-2.11%). Support Zone: Around $91,800 - $93,500 (gray highlighted region), providing a strong base where price could potentially reverse or consolidate. Resistance Levels: $98,200 - $99,000: The first resistance level to watch if the price bounces upward. $101,000 - $102,000: A secondary resistance zone. $104,000 - $105,000: A higher resistance zone that aligns with previous peaks. Potential Scenarios: Bullish Scenario: If Bitcoin holds above the support zone ($91,800 - $93,500), a rebound toward $98,200 and potentially $101,000 is likely. A breakout above $101,000 could pave the way to test the $104,000 - $105,000 range. Bearish Scenario: A breakdown below $91,800 might signal further declines toward $90,000 or lower levels. Trend Analysis: The short-term trend appears bearish; however, the support zone may serve as a strong reversal point for a potential upward move.
Long
by melikatrader94
10
Lingrid | USDCAD selling OPPORTUNITY in the Sideways MARKETFX:USDCAD is currently moving sideways after a bullish trend that began in September. It has encountered a strong resistance zone that was established in March 2020. Therefore it’s possible that the price may consolidate for an extended period following such a strong upward move. At present, price action is trading within the range established in the previous week. The price is forming a clear range, consistently bouncing between the top and bottom levels. I expect the market to continue consolidating, providing opportunities to capitalize on the sideways movement. My goal is support zone around 1.43730 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
1