The pair is poking the upper vortex and I see in other pairs that dollar is getting strong and the stock market may drop sharply. I don't know if is going to break up this time but if is rejected is highly probably that is going try again and before another attempt I would open another long position.
Around a month ago I made an analysis on ICP where I discussed the triangle pattern on the chart. Back then, ICP was doing great, but I still anticipated it to go down and find resistance. After a few weeks of trading we got down to the bottom support, and eventually (today) broke through it. The bears got the overhand at the moment. With a lot of alts...
Welcome back! Let me know your thoughts in the comments! ** XAAUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
IOC has formed a bullish structure on the weekly chart. A crucial aspect is a weekly RSI close above 60. It is also about to break out from a down trending line. A long position could be considered keeping the following levels in mind: LONG ABOVE: 81.55 STOP LOSS: 77.95 TARGET 1: 85.15 TARGET 2: 88.75 Please do wait for at least a 15 min candle close above the...
Yesterday we saw a drop to the previous low at 1,0760 and hold. We expect this level to be broken and reach 1,0736. We will se if there is a strength to break it out. FOMC will be published today . No big fluctuations are expected , but it’s good to be prepared.
Technical Analysis: Triple Top: Line A - Line B Triple Top Possible: Line X - Line Y Confirmed Formations: Triple Top: A-B Up Trendline (-N-) break during wave (D) Bounce off trendline (-X-) at point (E). Notable Mentions: Trendline (-X-) is 23.6% Fibonacci retracement of 2020 lows to Jan 2022 Highs. Low volume at peak (C) Increased volume at point (E) to...
✅EUR_CHF is going down currently As the pair broke the key structure level of 0.974 Which is now a resistance, and after the pullback And retest, I think the price will go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Welcome back! Let me know your thoughts in the comments! ** NZDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Welcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Yesterday did not provide any new opportunities for EURUSD and we saw a hold above 1.0800 levels. At the moment, there is no reason to reverse the trend and it is more likely that the downward trend will continue. On another decline, the next support is at 1.0736. We will see how it reacts at this level and if has the strength to break through it. A pushback...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Apple stock is approaching a quite obvious previous weekly resistance zone at the $180 level which is now turned resistance again. You can also see that over market structure is still massively bullish, I am also definitely expecting...
Plot these levels on your chart and see how the market reacts to them. Overnight High and Low Previous Day Close Gap fill from Previous Day Close to Today's Open Premarket levels prior to the US open Five min Opening Range Initial Balance These may be used for breakouts or rejection points, based on current market price action Not trading advice. Do your own research.
Hello,Traders! CHF-JPY is trading in an Uptrend the pair broke a Key resistance level of 153.395 Which is now a support and Went further up so as The breakout is confirmed I think that we will see Some bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
UPST formed a double bottom base over the last 6 months with a horizontal neckline at 26 The odds of a successful breakup has increased this time owing to the overall market strength. A daily CLOSE above could be significant as it has not been able to so for the past 6 months. Other factors increasing optimism (of a successful break in the near future) is some...
This is an analysis that I hope that it ages well, as I am starting a long term position in gold today and adding this asset to my investment portfolio. Therefore, this is not a post about an isolated trade, with a specific expiration date or focused on the short-term. In fact, from a trading point of view I have already lost some great entry opportunities,...
Hello,Traders! CAD-JPY is trading in an Uptrend and the pair Broke and retested the Key horizontal level of 101.591 and we are seeing A bullish rebound so I think The pair will go up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
How I took this trade I found this setup while strolling on the EURCHF chart. I saw it was consolidating between 0.97600 (resistance) and 0.97230 (support). Based on this, I drew a consolidation zone and waited for a fakeout, which happened before the market closed on Friday. It had a little fakeout of around 1-2 candlesticks on the 1H chart. From this little...
Hello to everyone, As we can see there is a Bullish divergence in RSI & PRICE on daily timeframe . This is indicating that price has not much momentum to go downside. We can expect a trend reversal in Dixon. The price consolidating in a range from last few days. As per the theory of range, the price will go to the side on which the breakout occurs. But here...