Euro can decline to support level and then continue to move upHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some time ago rebounded from the resistance line of the wedge and fell to the support line, which coincided with the resistance level and started to grow. In a short time, EUR rose to the resistance line and then started to decline, thereby exiting from the wedge. Price continued to decline inside the downward channel, where it broke the 1.1000 level, which coincided with the seller zone and reached the support line, but at once rebounded and made a retest. Then it continued to fall and later reached the 1.0760 support level, which coincided with the buyer zone, after which turned around and bounced to the resistance line. Euro exited from the channel and continued to grow near the resistance line. When the price reached 1.0825 points, it made a downward impulse, thereby breaking the 1.0760 level, but a not long time ago it turned around and rose back. At the moment, the Euro trades near the support level, and in my mind, the price can correct to the support level and then continue to move up. Therefore I set my TP at 1.0900 points. Please share this idea with your friends and click Boost 🚀
LONG
EURNZD Will Grow! Buy!
Take a look at our analysis for EURNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.795.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.822 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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BITCOIN Will Go Higher From Support! Buy!
Please, check our technical outlook for BITCOIN.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 70,210.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 74,252 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EUR/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
The BB lower band is nearby so EUR-CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.939.
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Bitcoin, BTC, Large Footprints say Higher Sir. Once you see this, it can't be unseen...
How do large players build large positions? They shake you out and take yours.
Think about it; where do you place your long stops? below the previous low? perfect.
See what the large players did here? they kept the shorts in play, while running the long stops 4 times, each time stopping out your longs and building their longs. What happens next? maybe one last little shake.. then send it.
shorts need to cover and now sidelined players need to enter new positions, all adds fuel to the long.
This is a bull flag re-accumulation pattern. But think bigger, as fiat currency continues to inflate, your purchasing power continues to melt like an ice cube... that makes this is a long term trade.
The Trade?
Do everything you can to acquire as much spot Bitcoin as you can, then diamond hand it as long as you can. This is going much higher.
Depending on your time horizon & personal objectives taking money off the table at key targets would be wise while leaving enough in for over performance. See the linked chart for those targets.
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.
EURUSD On The Rise! BUY!
My dear friends,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0720 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0793
Recommended Stop Loss - 1.0687
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Wheaton Precious Metals (WPM): Fibonacci Levels to WatchToday, our focus is on gold mining stocks, with earnings reports from Barrick Gold TVC:GOLD and Wheaton Precious Metals NYSE:WPM in the spotlight. We’ve zoomed out on the NYSE:WPM chart to assess the overall structure and identify longer-term opportunities. Building a portfolio with some exposure to the commodity market is, in our opinion, a solid strategy for diversification.
NYSE:WPM appears highly correlated to Gold OANDA:XAUUSD and is currently sitting on a crucial trendline while hovering in the minimum target area for wave 3. A drop into the $78.5-$68.5 range seems plausible to establish the wave (iv). Ideally, the stock would then resume its upward trend, targeting higher Fibonacci levels for wave 3. In the broader picture, Wheaton Precious Metals responds well to trendlines, and a potential move into the $64.2-$52 zone could also occur over time.
If Gold continues to rise, NYSE:WPM may follow suit, and during Gold’s peak, mining stocks like NYSE:WPM could outperform the physical commodity significantly.
We are closely monitoring this setup and evaluating whether to execute it. Remember to always conduct your own research before making any investment decisions!
Visa (V): Pullback Incoming After New All-Time HighsVisa ( NYSE:V ) has reached our anticipated wave 3 target, a significant milestone for this stock that has consistently delivered strong performance. Recently, regulators in the EU have begun probing Visa and MasterCard’s fees, assessing their impact on businesses. While this could pose some risks, Visa’s overall trajectory remains promising.
The stock has been setting new all-time highs consistently, but with the potential completion of wave ((v)) and wave 3, we are now looking for a pullback. This correction could offer a great opportunity to open new long positions. Our target range for the pullback is between $280 and $260, though the exact level remains uncertain. Before this, there could still be further upside, with a potential minor retracement between $311 and $325 that would support a bearish short-term outlook.
We are monitoring this closely and have alerts set to act when the time is right. Visa remains a long-term performer, but patience will be key to capitalizing on its next move.
HelenP. I Bitcoin will correct to support zone and continue riseHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price declined to the trend line and then at once rebounded up and rose to support 2, which coincided with the support zone. Soon, the price broke this level, made a retest, and continued to grow, but later turned around and made a correction movement to support 2. Then, BTC tried to grow again but made a correction one more time to the trend line, and then it finally started to rise. In a short time, BTC grew to support 1, which coincided with one more support zone, some time traded near and then dropped to the trend line. Price some time traded between this line and later made a strong impulse up, breaking support 1 and even rising higher than the support zone. At the moment, the price continues to move up and I expect that BTCUSDt will correct to the support zone and then continue to move up. For this reason, I set my goal at 77400 points. If you like my analytics you may support me with your like/comment ❤️
Gold can make small correction and then continue to move upHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some days ago entered to wedge, where it at once rebounded from the resistance line and started to decline to the support line. When the price dropped to this line, it broke the 2650 level, after which later, Gold started to grow and in a short time backed up to the 2650 level. Soon, the price broke this level one more time and then made a retest, after which continued to move up. In a short time price rose to the resistance level, which coincided with the seller zone, and then started to trades between the 2740 level. Later, the price broke this level and rose to the resistance line of the wedge, and even exited from this pattern. But then it dropped to the seller zone, some time traded inside, and then made a downward impulse to the buyer zone, breaking the 2740 level. After this, Gold started to grow and now it continues to rise to this day. So, in my mind, Gold will little correct and then continue to move up to the 2740 resistance level. For this case, my TP is at this level. Please share this idea with your friends and click Boost 🚀
EURUSD The Target Is UP! BUY!
My dear subscribers,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0782 pivot level.
Bias - Bullish
My Stop Loss - 1.0748
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0842
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURJPY Sellers In Panic! BUY!
My dear followers,
This is my opinion on the EURJPY next move:
The asset is approaching an important pivot point 164.32
Bias - Bullish
Safe Stop Loss - 163.70
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 165.53
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GOLD: Long Signal with Entry/SL/TP
GOLD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GOLD
Entry Point - 2690.7
Stop Loss - 2669.9
Take Profit - 2732.4
Our Risk - 1%
Start protection of your profits from lower levels
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EURGBP: Bullish Continuation & Long Signal
EURGBP
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy EURGBP
Entry Level - 0.8319
Sl - 0.8300
Tp - 0.8358
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
DXY Will Go Up From Support! Buy!
Here is our detailed technical review for DXY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 104.427.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 105.268 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.
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AUDUSD Will Go Up! Long!
Please, check our technical outlook for AUDUSD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.664.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.668 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
EURCAD Will Move Higher! Buy!
Here is our detailed technical review for EURCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.497.
Considering the today's price action, probabilities will be high to see a movement to 1.503.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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