A bearish flag pattern has formed on the daily USD/CAD chart following a peak and reversal in its previous uptrend. The pole and the flag borders are shown with the yellow lines. The stop-loss level (the red line at 1.35296) is set to the highest point of the flag area. The take-profit level (the green line at 1.31309) is set to the pole's length subtracted from...
✅AUD_CHF is trading in a Downtrend and the pair Broke out of the parallel Range pattern so I will be Expecting a further move down Towards the 0.594 level SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The leisure gaming group, as a whole, is setting up in a textbook breakout pattern. Group moves like this can be powerful. The combination of a group move and a similar pattern from an individual stock within that group can lead to a strong advance higher. DraftKings is breaking out of a clean base in the beginning of a new Stage 2 uptrend. If you look at a...
The leisure gaming group, as a whole, is setting up in a textbook breakout pattern. Group moves like this can be powerful. The combination of a group move and a similar pattern from an individual stock within that group can lead to a strong advance higher. IGT stock just made new 52-week highs. After a shakeout move in mid-March, the stock completed a textbook...
✅NZD_USD is growing locally and will Soon retest a horizontal resistance level of 0.617 And because the pair is in the downtrend overall This presents a classical Trend following selling opportunity SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
After a double-bottom, the stock price pulled back to support and now is breaking out and getting near its IPO price. The OBV is already above its IPO levels and the MACD keeps trending higher. Also, AMEX:XLK is the leading sector, this should help NYSE:IOT price action. I entered 1/3 of the position as the market still needs more work to get...
After a long while guys....am back. Without bothering u on all the details....let's get into today's breakfast(London time)... If u saw the bullish setup before me.... Indicate below.....u must be really smart!! If u didn't....dosent matter...(we are eating today, probably...) Okay....EURAUD has been in a strong uptrend on the Daily and even 4H..... A...
EURUSD continues its sideways movement and holds below 1.1000. To enter a trade we need a breakout. A breakout will confirm the uptrend and allow buys to be sought. On a dip below 1.0900 the bullish scenario breaks down!
Hello,Traders! EUR-JPY is about to reteset A strong horizontal resistance Level at 148.000 and has Formed a bearish flag pattern So IF we see a bearish breakout Then I believe the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Binance Coin (BNB) Technical Analysis: A Bearish Outlook for Short-term, Bullish for Long-term Binance Coin (BNB) is one of the most popular cryptocurrencies in the market, and it has been on a rollercoaster ride recently. Currently trading at FWB:334 , BNB has risen by 82% from its recent bottom, but it is still far from its all-time high (ATH) of HKEX:700 in...
There are still opportunities for EURUSD to rise. Yesterday we saw another pullback from the support zone and higher low. For the rise to be valid we have to see breakout of the tops around 1,1000. This scenario breaks on a breakout of 1,0830. Upon confirmation we will watch for a breakout of 1,1080 and heading towards 1,1275.
btc could bring this down, eyes on both imo. could play out rather well in either direction
Hi all, welcome back to a new morning :) Without going into the nitty-gritty, NQ is holding a major zone right now (simplified to the most recent area) and the market has extended almost 300 points within a day. I am expecting two scenarios at the opening area which will define how I act for the remainder of the day: Scenario 1: Mean reversion long - Bulls...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Apple stock is currently breaking out of a multi-months long consolidation phase with the previous resistance being exactly at the HKEX:165 area. You can also see that from a weekly perspective, market structure is extremely bullish,...
hello traders i have posted gold signal before London open today we have cached massive pips with members .gold was bullish but still we can trade both ways don't be one directional .make sure to follow for more so you can catch crazy moves like this it is not difficult guys you just need the right information
Hello,Traders! AUD-JPY keeps growing After the breakout and rertest Of the key horizontal Level of 90.00 which is now A support and I think that The pair will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bitcoin Technical Analysis: Strong Support at $28700, Potential for $36000 Target Bitcoin has been trading at HKEX:29300 , and as per the chart, it has broken out of the $28700 resistance level and is now doing a retest at that level. This article will provide a technical analysis of Bitcoin and highlight the potential for a bullish or bearish trend. Key...
Traders, It's simple. The Altcoin Market is currently preforming a classic re-test of previous resistance (now support) at the inverse H&S neckline: - If it holds, Alts are safe for the moment and will continue upwards short term. - If it breaks, the inverse H&S pattern becomes invalidated and alts have further drawback ahead. Keep a close eye on this chart. Stew