Retest
I'm going to try this againPrice is retesting the broken support. We have here several bearish patterns (see my previous post lines below) and the stock need much more for a come back. It might try to break the resistance but I don't think is going to make it. If my puts expire out of the money I'll buy more and try again.
USDJPY - 2 SCENARIOS 📈📉Hi Traders !
On The Weekly Time Frame The USDJPY Price Reached A Resistance Level (151.944 - 151.424)
Currently We Have 2 Scenarios:
Bullish Scenario📈
If The Price Breaks and Closes Above The Resistance Level !
We Will See a Bullish Move📈
TARGET: 154.500🎯
Bearish Scenario📉
If The Market Breaks Support Line and Closes Below That
I Will Sell On Retest...
TARGET: 148.600🎯
SPX500 - Bearish Scenario 📉Hi Traders !
On Wednesday 15 Nov, The SPX500 Price Reached a Resistance Level (4515.46 - 4540.00)
The Price Formed a Double TOP Pattern.
So, We have a Bearish Scenario:
If The Market Breaks The Neckline and Closes Below That,
We Will See a Bearish Move 📉
Let's Wait For Breakout 🔥
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TARGET: 4400.00🎯
EURUSD - Bullish Scenario 📈Hi Traders !
On The Daily Time Frame, The Euro Price Reached a Resistance Level (1.07566 - 1.07934).
-The EURUSD Failed To Create a New Lower Low.
Currently, We have a Bullish Scenario :
If The Market Breaks The Resistance Level and Closes Above That,
We Will See a Huge Bullish Move 📈
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TARGET: 1.08900🎯
USOIL - Bearish Scenario 🛢📉Hello Traders !
On Tuesday 7 November, The USOIL Price Broke The Support Level (79.72 - 77.64).
This Support Level Becomes a New Resistance Level.
Currently,
The Price Pull Back to Important Structure !
I Expect an Upcoming Bearish Move📉.
let's Wait For Retest !
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TARGET: 75.60🎯
USOIL - BEARISH MOVE 📉
As We Talked in The Previous Analysis:
On Tuesday 7 November, The USOIL Price Broke The Support Level (79.72 - 77.64).
This Support Level Becomes a New Resistance Level.
Currently,
The Price pull back to important Resistance Line,
And Formed a Bearish Pin Bar 📉
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TARGET: 75.60🎯
EURCHFIs EURCHF exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.9560 followed by 0.9500.
What you guys think of it?
BITCOIN - Bearish Scenario 📉Hi Traders !
On The Monthly Time frame, The BTCUSD Reached a Resistance Level (38491.93 - 37600.00)
The Price Formed an Ascending Channel.
So, We have a Bearish Scenario:
If The Market Breaks The Support Line and Closes Below That,
We Will See a Bearish Move 📉
Let's Wait For Breakout 🔥
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TARGET: 33970.00🎯
NZDCHF - Bullish Falling Wedge 📈
As We Talked in The Previous Analysis:
-The NZDCHF Price Reached A Support Level (0.51902 - 0.52084).
-The Resistance Level (0.53330 - 0.53574) is Broken and Becomes a New Support Level.
Currently,
-The Price Pull Back to 0.5 Fibonacci Retracement Level !
-and Formed a Bullish Falling Wedge
-and Now it Will Continue its Bullish Movement !
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TARGET: 0.54075🎯
SPX500 - New Breakout 📈Hello Traders !
On The Daily Time Frame, The SPX500 Price Reached A Strong Support Level (4141.00 - 4103.00).
The Resistance Level (4397.84 - 4376.45) is Broken and Becomes a New Support Level.
The Resistance Line is Broken.
So, I Expect a Bullish Move📈.
i'm waiting for retest...
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TARGET: 4500.00🎯
Dow Jones - Important Breakout 📈Hello Traders !
On Wednesday 4 Oct, The Dow Jones Price Reached A Strong Support Level (32578.50 - 32855.30).
The Resistance Level (34145.38 - 33968.84) is Broken and Becomes a New Support Level.
The Resistance Line is Broken.
So, I Expect a Bullish Move📈.
i'm waiting for retest...
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TARGET: 34850.00🎯
GBPUSD - Resistance Becomes SupportHi Traders !
On The Weekly Time Frame, The GBPUSD Price Reached A Strong Support Level (1.20512 - 1.19931).
Currently:
-The Resistance Level (1.23376 - 0.53574) is Broken and Becomes a New Support Level.
The Resistance Line is Broken.
So, I Expect a Bullish Move📈.
i'm waiting for retest...
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TARGET: 1.24860🎯
ADAUSDTIs ADAUSDT exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.3100
What you guys think of it?
AAVEUSDTAAVEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH
What you guys think of this idea ?
SILVER - Bearish Scenario 📉HI Traders !
On Friday 20 Oct, The Silver Price Reached a Resistance Level (23.77640 - 23.55650).
-The XAGUSD Failed To Create a New Higher High.
-The Price Formed a Triple TOP Pattern.
Currently, We have a Bearish Scenario:
If The Market Breaks The Neckline and Closes Below That,
We Will See a Huge Bearish Move 📉
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TARGET: 21.10000🎯