Hello traders, after having made a long research i think that dot could make a very strong move to the upside due to the falling wedge pattern that printed on daily time frame. In my opinion it looks really bullish, but not only for the falling wedge on daily, it has also descending volume witch is a confirmation sign and means that to see an increase on volume...
Pair: USDCAD Timeframe: 1H 4H Analysis: Round number level, Support break, Trend break, volume profile Key Takeaway: Break of current trend to the downside ————— Level needed: Need to see price hit 1.29790 ————— Trade: short RISK:REWARD : 1:5
Pair: GBPUSD Timeframe: 1H 4H Analysis: Round number level, Resistance break, Trend break, volume profile Key Takeaway: Break of current trend ————— Level needed: Need to see price hit 1.19645 ————— Trade: long RISK:REWARD : 1:4
We entered this trade as soon as the trend channel had broken, we have also seen significant weakness in USD over last week which compares greatly for bearish momentum for the pair, currently in 50 pips profit
No confirmation yet and its always imperative to wait for confirmation…should it confirm the breakout, the target is $90. Waiting for not just a candle close above the white neckline, but also a follow up confirmation candle to show us a bullish impulse.
We're going to see interest rates by the ECB this week. This may lead to more volatility in EURUSD and a deeper correction. We're expecting to reach 38,2 of the last decline which is at 1.0204 level. Once the market reaches these levels we're be looking for reversal signals and new sell opportunities.
#Bitcoin Dominance Technical Analysis:- $BTC Dominance currently trading at 42.50% which is Strong support. There are Two major Scenarios:- 1st Scenario:- Now Dominance is Trading at Retest level after Strong Breakout so Max Chances to Pump from here and Which will be very bad news for Altcoins if This happened. And If Scenario 1 will happened then we can see...
anticipating double top break to clear 5 pivot level. 4.17 double bottom entry or an intraday setup with clear risk/reward.
✅EUR_USD went up and broke the Local falling resistance Thus making me bullish So I think the pair will go higher now LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The last couple of weeks were truly boring as BTC has been stuck inside a range. This range reminds me of the previous two consolidations around 40k and 30k. The longer the consolidation, the more aggressive the movement would be after the breakout. So be prepared! i- The first question is... which way? Scenario 1: Trend Reversal For the bulls to take...
hi there guys I hope you all have great times. hear if bull break the strong 💪 resistance area that I draw for we might have a good bull run to the major trend line and also we have another strong resistance area at 27000 therefore I don't think bears are giving up easily. but we all know that anything might happen in this market. so stay sharp and be ready for...
Price failed to break previous high. It formed wick rejection and went down. Its about to break previous low. If price fully breaks this previous low zone, I will look of the opportunity to sell.
Watiting for GC to breakout of this zone. Once it happens we'll see a 100+ Pip move.
We see that we have reached the end of the ascending channel in Ethereum , and if this ascending channel is broken down, it seems inevitable that the price level of $775, which is just fib support, will come. We clearly observe the interaction of 3 separate support and resistance levels with the price. As long as the vitally important 3rd level is not broken...
After selling off along with the rest of big tech over the passed few weeks, AAPL has seemingly found a bottom here. Will be watching AAPL closely for a run-up into earnings on 7/26'- AAPL is usually a classic case of "Buy the Hype, Sell the News" as it usually has a nice runup to earnings and proceeds to selloff as everything is already priced in. However,...
The solar sector has been leading the broader markets for some time now, very much eyeing ENPH along with some others in the sector for a run-up & breakout prior to, and after their earnings. ENPH is holding a big symmetrical triangle on the daily timeframe after closing on Friday sitting on its 20-Day SMA. ENPH additionally has some nice bullish divergence on the...
✅NZD_USD was trading in a falling channel But now we are seeing a bullish breakout So I am locally bullish biased And I think that the pair will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Am waiting for the bullish BREAKOUT of the descending triangle for longs....2.95R If the proposed HEAD & SHOULDERS occurs I will be scaling in....with 0.5R and if all goes as planned I will be realizing about 3.8R. Like and Subscribe.