Bulls have the Bears by the "Neck" - AUHere I have AUD/USD on the 4Hr Chart!
Price is now using the "Neckline" or Support of the failed Head & Shoulders the Bears were unable to finish, and pushing Higher breaking through the Falling Resistance created by the Highs of the "Head" and "Right Shoulder".
Now I believe with an on-going Rate Cut cycle about to begin for the Federal Reserve, we will start to see the Bulls undo the previous Head & Shoulders Pattern one Swing High at a time!
If Price will need to find some Support before it begins to continue further Higher, this Support can be found at either:
- The High just before the Break @ .6732
or
- Retesting the Break of Falling Resistance + FVG @ ( .6720 - .6715 )
Indicators:
- RSI Above 50
- BBTrend printing Green Bars
- Volume Delta showing Bullish presence increasing
*TP1 - .67672
*TP2 - .68236
Support
GBPUSD view for next weekBit of a messy chart here, but we can see the pink bullish trendline being broken and retested earlier today. Price has been trending inside the black channels, forming a flag pattern.
What I'm looking for next week is price to drop to 1.30500 and look to buy around that area, which was previous support + we have the 38.2% Fib retracement there.
Target would be 1.31777.
ETH - Next resistance at 2550 with target at 2750BINANCE:ETHUSDT (4H CHART) Technical Analysis Update
ETH price has hit bottom and strongly bounced back from the support zone (from price range of 2300 ). Price already seen a clear bounce back from the support and currently trading at 2400. next resistance at 2550 and if the price breaks that resistance then we can expect price to reach 2700.
Entry level: $ 2450
Stop Loss Level: $ 2250
TakeProfit 1: $ 2520
TakeProfit 2: $ 2600
TakeProfit 3: $ 2680
TakeProfit 4: $ 2750
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
Liquidity grabs on DG. Potential reversal?🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
FTM/USDT: BULL FLAG BREAK OUT! READY FOR 250% PUMP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
FTM looks good here. Break out from the bull flag-like structure in the daily time frame and currently going for a retest. Accumulate it in the green zone.
Entry range:- $0.43-$0.48
Target:- 200-250%
SL:- $0.34
What are your thoughts on FTM's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
ICP/USDT: POTENTIAL FALLING WEDGE PATTERN!!Hey everyone!
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ICP/USDT forms a falling wedge-like structure in the daily time frame. It breaks out from the wedge and is currently, going on for a retest. Accumulate it at the retest level.
Entry range:- $7.7-$8.1
Targets:- $10.6/$13.4/$16.8/$19.8
SL:- $6.26
What are your thoughts on ICP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Approaching some nice support on QCOM!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
SUN/USDT: READY FOR A 100% MOVE!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
SUN/USDT looks good here. It breaks out from the symmetrical triangle in a 4-hour time frame and is currently, being it. Buy some here and add more in the dip.
Entry range:- $0.025-$0.027
Target:- 80-100%
SL:- $0.024
What are your thoughts on SUN's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Looking for a bullish swing on GOOG soon.🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
BTC/USDT 4H Interval Chart Hello everyone, let's look at the 4H BTC to USDT chart, in this situation we can see how the price is moving in a downtrend channel, and currently we can see how the price has moved upwards from it.
Let's start by setting goals for the near future, which include:
T1 = $58674
T2 = $60394
T3 = $62412
T4 = $65143
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $55,105
SL2 = $53,217
SL3 = $50,380
And
SL4 = $48,219
Looking at the RSI indicator, we can see that we are high on the 4-hour interval, which may slow down the upward movement or try to recover.
SUPPORT AND RESISTANCE STRATEGYIn this analyze I'm focusing on M30 timeframe for gold. Today i'm looking for buy opportunity if price break this range toward upside than we look for buy. but if price break below 2495 area then we use inverse breakout and rejection strategy and look for sell. Let's delve deeper into these levels and potential outcomes.
Public Sector (PSU) Banks at SupportAfter a stellar half decade post Covid, the shares of Public Banks have shown signs of exhaustion.
But, the underlying companies are in good financial shape and posting record top and bottom lines.
I still believe there is a lot of steam left in the like of Canara, BoB and SBI.
I can see these stocks and the whole index turning back and hitting record highs in future.
The idea shared is not a buy/sell recommendation. It is aimed at spreading awareness and help retail traders be more informed of the opportunities.
This should not be taken as the basis of any financial commitments.
Some SERIOUS support on AMD for a nice swing trade! 🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
#BTC: IS THE DOWNTREND ENDS HERE??Hey everyone!
Appreciate a like and follow if this analysis helps!
Welcome to this BTC update. BTC is trading inside a broadening wedge pattern in the daily time frame and currently hovering near the lower trendline of the wedge.
Every time the price tested the lower trendline, it formed a new lower low but, the first time, it made a Lower high, hinting at a possible shift in momentum. This could signal the end of the downtrend and the beginning of a new uptrend.
A potential bullish outcome includes a new all-time high by the end of the year.
Invalidation: Daily close below the previous lower low.
What are your thoughts on BTC's current price action? Share your analysis in the comments!