FX:USDJPY has been in consolidation for a long time, correlating with the dollar. Traders are waiting for key news and are not ready to act early. The currency pair is in the downward phase, which is a consequence of the strengthening of the Japanese yen on the background of the dollar's decline. The Central Bank of Japan actively considered the issue of...
Price today had really tough time because of HRLR which Fractal Consolidations indicator gave me, in these conditions you should be aware.
FX:USDCHF is forming a correction after breaking the support of the uptrend. The dollar is in an unstable situation and in a phase of decline, which may favor the CHF, in which case the currency pair may decline. Globally - bearish trend. The resistance retest is formed and the price is not ready to renew the maximum yet and breaks the structure of the...
--------------------------------------------------------------- Description --------------------------------------------------------------- + BAT is retracing back to its support zone + This is critical zone for consolidation and resume its bullish trend + Overall BAT is looking bullish --------------------------------------------------------------- VectorAlgo...
BINANCE:WOOUSDT had significant correction since the last pump which reached up to 0.52 price level. Since WOO has a decent correction, it is currently consolidating around the 0.337 area and getting good accumulation before the reversal. We can expect the price to bounce back after the consolidation or go into further correction upto 0.24. If the price bounces...
--------------------------------------------------------------- Description --------------------------------------------------------------- + PERP is consolidating the in the range for a very long time as shown in the image + We are waiting for the price to breakout from that range to enter a long trade + once price breaks upwards, its good opportunity for the...
I have two different trading channels highlighted on the chart. The first predates the post-corona bull market. The second shows a long period of consolidation on the Chainlink weekly chart. The first channel lasted for a year before LINK exploded to ATH over $50. The second channel marks a year in May 2023. Chainlink has completed a full market cycle and if...
DOT had a great month although at this point it should consolidate. It's run out of weekly energy and daily is only starting to recover. Volume is starting to slowly taper downward on both weekly and daily timeframes.
Please refer to text on chart. Tremendous risk/reward play here if the trade works out well. Price has been consolidating for about a month now, building up very strong momentum. There will be a strong, fast, and decisive move should price break above the resistance areas. ** Remember, we do not attempt to predict future price. We simply react to current price...
ETSY has been consolidating within a standard box pattern for the past several weeks, and has broken out of its initial trend line resistance, ready to test the upper region of the box at 73.50-74. Whether or not it breaks from there remains to be seen, but a test of 74 would yield 3+ points per share. Not a bad return.