EURNZD may bounce from a key daily/intraday horizontal support. Our confirmation is a double bottom pattern on an hourly with a violation of its neckline. Goal - 1.7863 ❤️Please, support my work with like, thank you!❤️
I think we are seeing a new run in Silver about to happen on higher timeframes to be honest and I intend to be long on this when the opportunities arise. We should see next level up at $35. It has been chilling sideways for the better part of about 3.5 years I think? What a good consolidation period honestly. Intraday - Im liking the PA we got so far in Aug/Sept...
IDX:AMRT - DOUBLE BOTTOM I bought the stock 10-09-2024 Reason to buy: 1. Double bottom break out with huge volume 2. Price over 50 and 200 MA 3. Low risk entry point
On the 4-hour chart, USDCAD formed a double bottom pattern and then stabilized upward, with short-term bulls taking advantage. At present, we can pay attention to the retracement position of the upward band of 0.618 ratio (1.3507). If it stabilizes at this position, we can consider going long, and the upward target in the future market is around 1.3700.
The current silver price (XAG/USD) is fluctuating around $28.50. The technical chart shows that silver has experienced a double bottom, indicating a potential reversal signal of the "Double Bottom" pattern, which may suggest a price increase over the coming period. However, based on the moving averages, the market remains in a downtrend. The current key support...
Gold is near the Heavy Support zone($2,484-$2,431) and moving Support lines . In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in forming a Double Bottom Pattern . Also, Regular Divergence (RD+) between Consecutive Valleys . I expect Gold to rise to at least $2,518 . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do...
In this forex analysis video, we'll be discussing the market movements of the euro (EU), the British pound (GU), the Japanese yen (GJ), and the euro yen (EJ). EU: No narrative setup was identified due to the failure of the 15m entry to bounce twice and form a double top before the price decline. GU: A super clean setup was identified. Price bounced on the...
EURUSD The current trend is bearish but a bullish divergence exists on the RSI indicator. Also, double double-bottom bullish reversal pattern is formed. Let's wait for confirmation. If it breaks lower high then we are in a bullish trend. Trade Plan Entry Level = 1.10551 Stop Loss = 1.10302 TP1 = 1.108 TP2 = 1.1105
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LINKUSDT 1D Possible corrective pattern In the 1D time frame, all levels are magnified and corrections that occur in smaller time frames are insignificant. Levels to take into consideration: SL 9.80 This level is in line with the lows recently marked. SL1 8.50 Just below the bullish trend line and already recently reached. SL2 5.75 This would be a purchase...
Market Watch: While CRYPTOCAP:BTC takes a hit, NASDAQ:OM stands strong and is still at 0.9$ holding very well. ➡RWA Focus: Real-world assets provide stability in volatile markets ➡Strategic Partnerships: Zand Bank, MAG, Novus Aviation add credibility ➡Regulatory Compliance: First to work with VARA in UAE ➡Community Support: Over 36% of circulating supply...
hello guys. long story short, get a long position if the first blue area gets broken! target=$2510 ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
I see a nice buying opportunity on Silver. The test of a key intraday/daily structure support triggered a strong bullish reaction. A double bottom was formed, and we see a bullish movement above the neckline this morning. I think that the price will keep growing at least to 28.61 ❤️Please, support my work with like, thank you!❤️
Euro Weakness : The European Central Bank (ECB) is expected to maintain a dovish stance, with potential rate cuts extending into 2025 due to weak economic growth and persistent inflation concerns. This, coupled with fragile economic recovery in the Eurozone and political uncertainties in key countries like France and Italy, is likely to keep the Euro under...
On the 4-hour chart, GBPUSD has formed a double top pattern. At present, we can pay attention to the supply zone of 1.311-1.314. If the rebound is blocked, we can consider shorting, and the downside target is around 1.300.
Good day traders, i hope you have been having a fruitful day. Lets get into it. This is an update on the NZDUSD setup that i uploaded a few days ago on the possible formation of a Double Bottom, and we clearly see that price has been respecting the setup. Price broke the Neckline of our Double Bottom , came back to retest the old Resistance(Neckline) as new...
LVMH: Bullish: Butterfly detected. The price could go down to the PRZ zone indicated on the right chart: 512 to start, then 388 if the Double top plays its role. This will therefore be a very interesting entry point for investors. Below: Some information about LVMH. LVMH (Louis Vuitton Moët Hennessy) is today the world leader in luxury and one of the largest...
Some analysis on the Monero chart - Firstly the obvious (orange line) downsloping trendline going back to the May 2021 highs. This was broken in June 2023 with a retest in August '23 and another retest in Feb 2024 after the Binance delisting. This level became a double-bottom, forming a nice "W" bottom structure. The next significant level is XMR's current level...