Expecting XRPUSD upside breakout. My initial midterm targets are $1 then $1.2 XRP.
On Monday 19 August, The AUDCAD reached the resistance level (0.91896 - 0.91737). The price broke a strong support level (0.91145 - 0.91290). This key level becomes a new resistance level ! So, I expect a bearish move📉 _____________ TARGET: 0.90300🎯
As always, the chart is easy to read and understand. Here are a couple of highlights for this case study: Observed a strong breakout with a long candle, currently in a retest phase. Recent price action shows a clear buyer bias. Key support levels are holding at 892 and 864. The 21-weekly EMA provides additional support. Volume spiked significantly...
LLC is in a 6 year decline, but above 150 day EMA. Strong earnings caused an impulse move that then lead to a tight consolidation range. Entered on BO, targetting PoC of next level. Potentially a reversal on the weekly starting to form, but that will take a lot longer to play out. This is a simple swing trade targetting 7.70
Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! QUICK looks good here. It breaks out from the falling wedge-like structure in the daily time frame and is currently, retesting the wedge. Buy some here and add more in the dip. Entry range:- CMP and add more up to $0.04 Target:- 100-150% SL:- $0.035 What are...
MYR is in a strong weekly uptrend and has had a recent strong impulse move followed by tight consolidation right below a major weekly anchor to the downside. Aggressive entry has likely already passed a few days ago, so waiting for the BO which adds confirmation, then getting in on the pullback targeting next level.
Hi Traders ! After a huge bearish move, The CADCHF price broke the support level (0.63597 - 0.63038). This key level becomes a new resistance level ! So, I predict a bearish move📉 ______________ TARGET: 0.61680🎯
Chalet Hotels is offering a promising swing trade setup, backed by key technical factors. Reasons are listed below : Break of Symmetrical Triangle : The price has broken out of a symmetrical triangle pattern, signaling a potential upward move and a shift in market sentiment. Bullish Marubozu Candle on Daily Timeframe : A bullish Marubozu candle on the daily...
Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! AI looks good here. Breaking out from the falling wedge-like structure and a retest is also done. Long some here and add more in the dip. Entry range:- $0.344-$0.354 Targets:- $0.372/$0.394/$0.419/$0.448 SL:- $0.325 Lev:- Use low leverage (Max 5x) What are your...
After a sudden drop from ATHs and a big rebound, a daily bullflag formed into month end setting September up for a very big run. Upside PTs are: 20150, 20300, 20450, and 22000 if a break above the previous ATH to finish out the bullflag SL would be invalidation of the flag
As the other 2 major indices (NQ/YM) ES ended the month very strong right at the breakout point of its flag. Upside price target is the previous ATH at 5721.25 and 6000 on a break of that high
7 year range breakout with good volume.. Should do well. Can enter trade now or wait for a pullback and start building a position.
The AUD/CHF chart shows a strong bearish trend, with the price having retested the 0.56750 support level twice. Despite this support, the downtrend indicates that the pair may break below this level. The expectation is for the price to move further down toward 0.56472 if the support is breached. This support level has held previously, but current momentum suggests...
Hello Traders ! On the daily time frame, The SPX500 reached the resistance level (5669 - 5629). Yesterday, The price broke a strong support level (5543 - 5565). This key level becomes a new resistance level ! So, I expect a bearish move📉 _____________ TARGET: 5424🎯
Dear Esteemed Members, There are several fundamental factors that could support the oil price reaching $76.09 per barrel, which is the highest level since November 2014. As the global economy rebounds from the pandemic, the demand for oil is expected to increase, especially in the second half of 2024. The International Energy Agency (IEA) projects that global...
hi guys. In my opinion price should be pumped for short time ,and the resistances as u can see are: 58k 59k 61k and62k but remember the main direction is bearish. I'LL post the main direction.
Hello Traders ! The EURGBP reached a strong support level and failed to break it ! The price formed an inverted head and shoulders pattern. At the moment, The neckline is broken ! So, I predict a bullish move 🚀 ______________ TARGET: 0.84870🎯
- 4 months base breakout - Now consolidating outside base - Volume contraction - Surfing 9EMA - Strong sector