Technical Analysis Price bottomed out 3 weeks ago and the RSI + William %R Price broke out the daily channel last week and has been consolidating above the 1D 50EMA. There is a good zone to buy before a further push above 76 and potentially 90 Price Target Entry: 71-73 Target 1: 76 (+5%) Target 2: 88 (+20%) Analyst Targets: 101 (+40% Financial Metrics...
US 100 short range support break out price action trend momentum
Technical Analysis (TA) Weekly chart is oversold with William %R and RSI showing early reversals signs. 1D chart is forming a wedge and price is squeezing before a potential reversal about $70. Price Target Entry: $70+ breakout out Take Profit: $100 (+40%) #tradeidea
Technical Analysis (TA) Weekly oversold and needs a break above -20 William %R to start a potential mean reversion play to $3.50 Lacks a catalyst so it will be worth waiting until the end of this week to see how price responds to the 1D 50EMA level. Price Target Entry: $2.15 Target 1: $3.38
Same as BTC , ETH can do short term chop although the mid term and short term remain bullish. In my opinion it will retest support area at 1400-1500 before move up.
#Bitcoin Technical Analysis Chart:- $BTC currently trading around $22800 I am Bullish at this Level because two Tested $24100 Resistance. As Per chart Green Box Is Demand zone so already Whale Bought Bitcoin in this Demand Zone. Best Entry in Spot :- $21600-$22800 Supply Zone is $28700-$31600 So This will be Targets. Entry:- $21600-$22800 Targets:- TP1:-...
Technical Analysis ( TA) Weekly William and RSI look very oversold so I am expecting a mean reversion to at least 0.20 Daily chart is showing initial signs of the mean reversion/reversal but its not let confirmed on the reversal until we cross the 50EMA. Price Target Entry: 0.175 - 20.5 Target 1: 0.25 (+40%) Fundamental Analysis (FA) Financial...
Interesting test of March highs while DMI is signaling a potential bullish pressure is yet to be ended, we expect here some volatility due to profit takings of shorter term traders, however until the middle of the range is below prices we could wait for a weekly close above the resistance in order to trigger our longs over a bullish breakout momentum strategy.
Technical Analysis (TA) Weekly bottomed out with crossover on RSI and William %R) Daily breakout has signaled a shift in momentum. However, there has been previous resistance at the 100EMA level so I expect this to come back down to EUR 9.2 for a higher low before a push upwards to $11 + Price Target Entry: 9.10-9.30 Target 1: 9.76 Target 2:...
Smashed TP1/2 leaving us with 34 pips profit already, we are currently seeing a pullback but holding last position to tp3, well done if you took this one
Pair: NZDCAD Timeframe: 4H Analysis: Round number level, trend line, volume profile, resistance, ascending triangle pattern, wedge pattern ————-- Key Takeaway: Seen break of high volume level and resistance level, we have already seen a break of trend line ————— Level needed: Need to see price close by 0.80995 ————— Trade: Long RISK:REWARD 1:8 SL: 20 TP:...
EURUSD with another drop yesterday. Right now this move looks weak and we saw fairly big pullback. To see a continuation lower, it's very important for the EUR not to break above 1,0210. Confirmation would be a breakout of the previous low and another impulse down. Trading right now from current price levels isn't a good idea!
BCH is retesting cup and handle breakout, last two daily candles have closed above the C&H resistance and gravestone doji implying the breakout retest might be done. I am long with a stop below doji low.
I have entered on the the 1H bullish BOS..... Am looking to get 3.79 R. Like and subscribe.
Am going short on the yellow metal after a bearish breakout of an ascending channel..... 3R...like and subscribe.
Technical Analysis Weekly William %R and RSI are oversold. Daily channel being created with resistance at 50EMA> Scenario 1 - BUY Breach of 50EMA and uses it as support. Scenario 2: - SELL/WAIT Bounces off 50EMA as resistance and come back down to create a higher low. Based on the technical environment and high William %R I expect scenario 2 to...