SQ - Square LongSQ is showing accumulation within this broadening structure.
We're looking for a higher low to change this bearish trend on the smaller timeframe and then can set up with a stop loss below the support.
The current low here could become a partial rise which would give this structure a 70% chance of breaking to the upside as per Bulkowski.
We await the higher low and monitor closely.
LONG
GBPJPY Is Approaching The Main Trend.Hey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 196.500 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 196.500 support and resistance area.
Trade safe, Joe.
BTC/USDT 15m Time for a cool off? Trying to Keep a sensible approach during crazy times, I see 2 possible bullish setups:
- A wick down into bullish OB plus a breakout of the diagonal resistance is a strong setup.
- 2nd option is the same further down.
If BTC continues to climb I'd like to see the bearish OB flipped with a convincing flip from resistance to support.
A full week of non stop climbing does need a correction to be healthy and punish late longs with a leverage flush.
EURUSD The Target Is UP! BUY!
My dear followers,
I analysed this chart on EURUSD and concluded the following:
The market is trading on 1.0621 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0722
Safe Stop Loss - 1.0566
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBPCAD Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for GBPCAD below:
The price is coiling around a solid key level - 1.7837
Bias - Bullish
Technical Indicators: Pivot Points Lowanticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.7917
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPCHF Massive Long! BUY!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1290 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1305
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
SILVER Is Going Up! Long!
Here is our detailed technical review for SILVER.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 30.422.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 31.289 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
EURUSD Will Grow! Buy!
Take a look at our analysis for EURUSD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.061.
The above observations make me that the market will inevitably achieve 1.068 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
SILVER BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
SILVER downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 32.262 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the SILVER pair.
✅LIKE AND COMMENT MY IDEAS✅
EyesThis is a coin that we could see take off in this bull run. I wouldn’t put all my money on it but as we see Bitcoin hit new highs, as we’ve seen in the past crypto bull runs we are in for mind blow % in alt coins. Grab bags if you want to diversify so you don’t wake up to the coin you thought about could do well going up 200% in a day. Wait to see a bit of support but looking like a cup and handle.
Good luck and have fun with it
Bitcoin: 2024-2025 Will Be Bullish!!!We are observing Bitcoin here on a much bigger time scale and also from different perspectives.
We all know about four corners of the market or Wall St. Cheat Sheet Psychology of a Market Cycle. But here we have combined all the knowledge, and we see a beautiful view.
As you are all aware, each halving has begun with a nice bullish market, followed by a bearish market cycle, a nice accumulation, expansion, and then another reaccumulation.
With that being said, we are still 4 months away (around 127 days) from the next halving, and recently we witnessed a nice expansion phase that resulted in a ROI of 175%. This is more than enough for the expansion, which means we are going to enter very soon into the reaccumulation phase.
But be careful; this time more people might get greedy and have a FOMO due to the huge exposure to crypto and bitcoin we have had for the last year.
Decentraland, MANA, 0.5 fib retrace sets up 71x Algo targetTriple bottom on the 0.5 fib suggests this is strong & when the narrative comes back around, it's is one of the metaverse leaders... See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.264 or 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $0.364
Stop: $0.254 - or under previous low
Target: $26
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
The Sandbox, Sand, Golden pocket sets up 100x Algo targetGolden pocket special...
I like sand, and when the narrative comes back around, this is one of the metaverse leaders...
to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.26 or 0.618 retrace of this impulse wave (if we get one) - best place to enter. allows for tight stops.
Ape Entry: $0.31
Stop: $0.25
Target: $32
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.