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Breakdown

BTC BREAKDOWN! MORE DUMP INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is not looking good here. Rejected badly from the $23.9k resistance level. Also, Breaks down from the bearish flag-like structure in 1hr time frame. Expecting more drops from here. Invalidation:- Close above $23.9k If you like this idea then do support it and hit the like button. Also, share your views in the comment section. Thank You!
Short
by CoreCrypto1
2
AU BANK WILL BREAKOUT OR BREAKDOWN ??? What is a Symmetrical Triangle:- A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. The price forms symmetric triangle pattern on daily and weekly chart. The price perfectly following the ascending parallel channel and price persisting itself and also taken support many times. What if price Breakout upside:- If price will breakout upside than we can expect a good rally towards upside as price following symmetric triangle pattern & upper descending parallel channel from a very long time and trading under the range of the triangle pattern. Breakout towards upside can also takes the price at all time high level. What if price Breakout downside:- If price breakdown downside than we can expect good fall towards downside as price respected and following lower descending parallel channel and taken support many times. If price breaks this support than it will leads to a good fall in price. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
NSE:AUBANK
by Jha_Nidhi
GBPUSD 19TH FEBGBP USD following the Australian dollar. We are looking for this to continue bearish here we have clear structural breaks on the larger time frame. We have clear areas of supply above as well as filling the short-term fair value gaps and imbalances. We are expecting this bearish movement to continue to our lower target which is the previous low created. A pretty simple breakdown for this week as we would like to just follow the trend. Remember we always look for smaller time frame setups to determine the best possible entry point. Also, if the price does go against our overall bias, we adapt and react to the market accordingly. Remember, you do not want to be too attached to your bias because it's what you want the market to do. You always have to keep an open mind and remember that price can do as it pleases... But for me, this breakdown is pretty simple and I'm expecting continuations to the downside. If we break the high of the short-term range, we can then start to consider possibly price shifting higher. Overall we are inside of a larger downward range, so overall I am still bearish regardless of this. Remember guys, if you like this idea, hit that boost button. Drop us a comment down below. Let us know what you think. As always guys trade safe, stick to your trading plan. I hope you all have an amazing trading week.
Short
by PipSurfingSociety
1
GBPUSD | Perspective for the new week | Follow-upThe Greenback's biggest gains in the last week have been against the Pound sterling after the BoE's dovish hint that it may have finished raising interest rates after a 50 basis points hike last Thursday. However, the higher-than-expected non-farm payroll data of 517,000 jobs in January did not help matters as the Pound slumped further to close the week below the 1.21000 level hereby recording a 2.7% decline in value. This video illustrates a detailed technical perspective on what to expect from the current market structure in the new week. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
1
XAUUSD | New perspective | follow-up detailsFollowing a massively profitable week for us (see the link below for reference purposes); The Gold tumbled almost 3% on Friday after a blockbuster U.S. jobs report for January which came in with whopping 517,000 jobs hereby triggering profit-taking activities on the yellow metal’s long-running rally since the beginning of the year. Price is currently trading at a critical point where the bullish trendline and the $1,860 share a confluence on the daily timeframe. This video illustrates the technical perspective of the current market structure to figure out trading opportunities for the new week. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FOREXCOM:XAUUSD
by darcsherry
2