Analysis: EUR/GBP is exhibiting a bearish breakout from a descending triangle pattern. This technical development suggests that the GBP is gaining strength against the EUR. A break below the triangle's support line often precedes an accelerated downtrend. Supporting this bearish outlook is the Relative Strength Index (RSI) currently trading below 50. This...
Bitcoin is presently trading around its previous resistance level and has already surpassed its previous all-time high. This consolidation around the resistance zone is crucial for Bitcoin to gather enough energy to break out from the resistance. Once the price breaks out, I expect it to easily reach $75,000, then retrace back to support (the previous resistance...
✅EUR_JPY broke the rising Support line so we are now Locally bearish biased and I think that we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CRUDE OIL was trading along The rising support but now we Are seeing a bearish breakout And the breakout is confirmed So we will be expecting a Further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Let's delve into the fascinating world of IWM and explore its weekly chart. Get ready for valuable insights and potential trading opportunities. 🚀📈 🔄 Cycle Analysis: By analyzing the cycles, we've identified a cycle period of 48 weeks for IWM. Interestingly, we've divided each 48-week cycle into three distinct parts, allowing us to pinpoint key moments within the...
Anticipating a breakout to >=$15 over the next few months.
Very interesting end of the week for GBPCAD. Price made a strong and clean break above the weekly level at 1.72769. It'll be very interesting to see how this pair trades for the weeks to come. If price can hold above this level, I think we'll see very explosive momentum.
Starbucks is sitting above support and could break out to resistance 1 or resistance 2 on Monday 3.11.24. MACD proves growing bullish divergence while divergence+ shows bullish divergence as well. The Kurotoga cloud shows the downward trend based on resistance but current resistance is weak and the current candles are starting to break through. I predict a 1-2%...
After consolidation of Monts Finally Suryodaya has given a breakout and we can see the Volume is also on higher side, Since the Listing of the stock it was in downward direction, and from past year Stock is now in its bullish Run We can see a good upward move. Disclaimer: I am not SEBI Registered; this is not a recommendation. Analysis shared for educational purpose only.
Hi Traders ! On Friday 01 March, The USOIL Failed To Break The Strong Resistance Level. Currently, The Price Reached The Support Line. So, Let's Expect The Bearish Scenario: If The Market Breaks The Support Line and Closes Below That, We Will See a Bearish Move... TARGET: 76.55🎯
Key technical levels and confirmation strategies to watch The EURUSD currency pair is currently exhibiting a well-defined ascending triangle pattern on the weekly timeframe. This technical formation often precedes a bullish breakout, suggesting a potential rise in the value of the Euro relative to the US Dollar. Understanding the Ascending Triangle An...
Hello Traders ! On The Daily Time Frame, The GBPUSD Formed a Rectangle Pattern. Currently, The Price Reached The Resistance Level (1.27428 - 1.28280) So, Let's Expect The Bullish Scenario . If The Price Breaks and Closes Above The Resistance Level ! We Will See a Bullish Move... TARGET: 1.29380🎯
GMXUSDT is poised for a retest of a critical resistance level on the weekly chart at $59.3517. This resistance zone has been tested seven times on the daily chart, with the last two attempts accompanied by decent buying pressure. Technical Analysis: Resistance: $59.3517 (Weekly) Support: $40.1870 Volume: Increased buying pressure on recent touches...
✅CRUDE OIL broke the rising Support so we are bearish Biased and I think that We will see a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
🔮 #PROPC Analysis 🌟The chart shows an uptrend with a breakout of Rising Wedge Pattern in daily time frame, retest, and bounce from support which indicates a good bullish move🔥 🔖 Current Price: $2.9541 ⏳️ Target Price: $4.6400 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #PROPC ...
🔮 #ZRX Analysis 🌟There was a breakout of Symmetrical Triangle Pattern in #ZRX with great volume. Currently #ZRX is trading in a small rounding bottom pattern and if it breakout the neckline then we will get a good bullish move of more than 50%🔥 🔖 Current Price: $0.5251 ⏳️ Target Price: $0.9287 ⁉️ What to do? - We have marked crucial levels in the chart . We...
🔍Aave's price action in the weekly timeframe indicates the possibility of breaking out of its 658-day consolidation phase, potentially initiating an upward trend. ✅After breaking its trend line, the price has surged by 100%. Although it faced rejection from the 110-120 supply zone initially, a second attempt with significant volume and bullish candlestick...
Hello Traders ! On The Daily Time Frame, The NZDCAD Formed an Inverted Head and Shoulders Pattern. The Price Pull Back to The Neckline (0.82650 - 0.82840) and Failed To Break it. So, I Expect a Bullish Move📈 ----------- TARGET: 0.83570🎯