As part of the other recurrent cycles, in the short term we may get a Wyckoffian spring, breaking under the channel and wicking up. I don't think it's going to go all the way to 68.8, but its a good entry.
DOG/USD is falling towards a support level which is a pullback support and a bounce from this level could indicate a double bottom pattern which could lead to a potential price rise. Entry: 0.1364 Why we like it: There is a pullback support level. Stop loss: 0.1308 Why we like it: There is a pullback support level which lines up with the 78.6% Fibonacci...
Silver is on support. Bullish trendline and bull flag is signs of continuation of bull trend. But, market is betting on 1 FED cut rate and its can move silver lower. Trade safe. Good luck.
By analyzing the #gold chart in the 2-hour time frame, we can see that the price has finally dropped below the $2,300 level and reached the demand zone at $2,288. As you can see, the initial reaction to this level has been positive. Only if the price stabilizes above the $2,277 to $2,288 range can we expect further short-term growth in gold. With the significant...
BINANCE:INJUSDT looks stronger than bitcoin and the crypto market. Against the background of the general decline, the coin is growing and this is a rather strong premise. The price may return to the range of 29.0 - 43.0. On D1, a pre-breakout setup is forming regarding the 29.2-29.45 area. If the price can consolidate above this area, then further traders...
4H chart: Bears seam to be weak. Corrective approach towards entry zone. = Buy limit set. 1% risk.
Mapping NZDUSD Mon 10th June 24 1Hr TF Day - Structure 15min TF 4.00am Tokyo to London Session Entry level0.61129 Profit level 0.61792 (1.08%) Stop level 0.60984 (0.24%) RR 4.14
Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the trend line and reached the support level, which coincided with the support zone and even rose higher than this level, but soon it turned around and fell back to the trend line. After this movement, BTC made a strong impulse up from the trend line, thereby breaking...
ETH Bearish Breakout: A Confirmation to Further Declines? Ethereum has recently emerged from a bearish pattern, signaling an increased likelihood of an extended downward trend. The initial pattern that triggered the bearish momentum began on June 7th. Following this, we observed another significant bearish wave as the price breached yet another structure zone...
Price is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 78.18 Why we like it: There is a pullback support. Stop loss: 75.54 Why we like it: There is a pullback support level. Take profit: 81.40 Why we like it: There is a pullback resistance level which aligns with the 61.8%...
BINANCE:BTCUSD reaches a strong $71500 liquidity zone as strong ETH-ETF related news is released. A trap from the market maker catches the crowd off guard and now the market is ready to move on Toretically, the correction wave ends after the false breakdown of resistance and liquidity zone 71500. Bulls successfully hold the defense above the support 67241....
VERY SIMILAR setup to NASDAQ:AMD post... Semi's looking bullish after nice consolidation on previous resistance line. NASDAQ:SMH looks #JUICY too. Basically NASDAQ:SMCI and NASDAQ:AMD seem late to the party individually. Sector should provide support. This is not high conviction so no wizard at end, just throwin a dog a bone... - Probabilities R Us
Hello everyone, today let's join Rena to review some information and predict the trend for the GBP/USD currency pair! If GBP/USD maintains above the support level of 1.2550, we might see a recovery towards the resistance level of 1.2650. Today's trend may continue to decline due to the difference in monetary policies between the Bank of England (BoE) and the...
Hello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
FX:USDJPY fell under the correction wave, which was caused by the liquidation of buyers based on the change in the fundamental sentiment of the dollar index. It didn't last long. Buyers liquidation on the back of strong bullish trend. (A big player collects the position) In general, both technically and fundamentally, the situation remains unfavorable for...
The AR is currently at $35.097 and testing a support level at $35.414 and EMA100(RED) at $34.75. If the breaks down this level could lead to a more decline towards the next major support zone between $26.567 and $24.381. For a bullish scenario, If the price recovers and sustains above the EMA 55(BLUE) at $38.73, signaling a potential reversal and a path towards...
WIT Oil (USOIL) didn't disappoint last time we looked at it (June 05, see chart below) and delivered our buy signal, easily hitting the 75.70 Target: The price is now at the top (Lower Highs trend-line) of the 2-month Channel Down and just below the 4H MA200 (orange trend-line), which is where the last Lower High was priced and rejected. At the same time, the...
From the previous day we saw eurjpy still making lower highs on the 4hr timeframe following the bearish close from last week.