DOW JONES CAN TAKE A DEEP OR A COMPLETE BOUNCE AT THIS LEVELCheck out the trade plan for US30 today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
US30 has already completed its 5 waves on the bearish trend we are running at the moment. Here on the Resistance, we have two possibilities. So we have to confirm the direction of the lower timeframes. Whether the price can take a deep down price depreciation or a bounce back on the level where we have seen the monthly resistance formed.
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USOIL WILL CONTINUE THE BEARISH MOMENTUM AND REVISIT $64 SUPPORTCheck out the trade plan for USOIL today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
USOIL formed a pullback after the breakout happened on Key Level 1. Here I am expecting another respected price action and a swing down to revisit and complete the structure with the level at the $64 supported area.
XAUUSD CREATED A BULLISH BREAKOUT ON THE CHANNEL. 1680 NEXT!!Check out the trade plan for XAUUSD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
XAUUSD has formed a descending channel. We can spot a clear bullish breakout formed on the channel where it now holds the 4th impulse back towards the key level formed. After the pullback, we can expect a further rise in gold prices towards the pinned targets in the 4hour timeframe.
CADCHF IS ON DAILY SUPPORT. WILL WE SEE A REVERSAL HERE?Check out the trade plan for CADCHF today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
CADCHF has revisited the daily support once again. Here I am watching closely the lower timeframes to identify the next possible direction in which this pair can contribute. Expected targets for each breakout and reversal have been pinned on the chart for reference.
AUDUSD CAN DECLINE ANOTHER 200PIPS TO RETEST THE MONTHLY SUPPORTCheck out the trade plan for AUDUSD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
Very clearly AUDUSD is holding a highly selling potential with the bearish trend formed. Here we can still expect another drop in prices valued at 200 Pips or more to revisit the monthly support formed.
AUDJPY - TRADE PLANCheck out the trade plan for AUDJPY today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
The price for AUDJPY is showing a breakout on the trend line formed with the ascending triangle pattern. If the bearish pressure remains high on the 4hour timeframe, we will see a further decline and a revisit to the following highlighted support.
AUDCAD - TRADE PLANCheck out the trade plan for AUDCAD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
AUDCAD Shows a bearish breakout and a pullback here inside the channel formed. We can still expect more potential downside momentum to complete the structure with a revisit towards the support formed.
SHIB MAY DROP ANOTHER 30% IN THIS BEARISH SETUPCheck out the trade plan for SHIB today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
Take a look at the descending channel formed. Here we are on a bearish flag running on the 4th impulse inside the channel. If we see any bearish breakout confirmation, then we will see another revisit towards the support1. By any chance, if the price fails to hold the bears on the S1 zone then we will see a further crush towards the support 2 areas. This will lead SHIB to another 30% Depreciation on the Daily timeframe.
MANAUSDT - TRADE PLANCheck out the trade plan for MANA today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
MANA is on a descending triangular pattern where we are waiting for the perfect breakout confirmation to hunt down the targets pinned on the chart.
CHZUSDT - TRADE PLANCheck out the trade plan for CHZ today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
CHZ is slowly growing and running on the bullish swing to revisit the weekly resistance formed at the $0.3 area. We may have to keep an eye close to this level once the price completes its visit to identify if the price goes for a complete breakout formation on the resistance or if finds a reversal.
THIS IS HOW WE CAUGHT 1000 PIPS ON GBPUSD SWINGS ON DIPCheck out the trade plan for GBPUSD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
👉🏻Took long positions on the 1985 Support after the bullish momentum
👉🏻The first trade took 400 Pips distance
👉🏻Second Trade on the next swing floating in 600 Pips profits
ETH WILL SURVIVE THE $1K SUPPORT? OR WILL MERGE KILL THE HYPE?Check out the trade plan for ETH today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
👉🏻ETH on Descending channel with a big wave impulse formed.
👉🏻Very clearly ETH completed its 4th impulse and running the 5th at the moment.
👉🏻ETH formed a bear flag and brought more possibilities for the bear trend to continue.
👉🏻We can still hope for a bullish reversal on the support formed close to $1000 on the chart with an expectation of repeating the history itself.
👉🏻By any chance if the bear flag and the key support confirm a bearish breakout on the following levels then we will see deep lows close to 300-400 area.
👉🏻We have seen a significant amount of buying pressure appear and formed close to the key supported area.
BTCUSDT - TRADE PLANCheck out the trade plan for BTC today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
👉🏻Bitcoin is playing inside an accumulation or consolidating area.
👉🏻If the price breaks above the resistance we can expect the price to hit back the pointed price levels.
👉🏻By any chance if the price respects and not breaks to the downside then we will see another reversal and a revisit to the following support formed.
APEUSDT - TRADE PLANCheck out the trade plan for APE today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
👉🏻Keeping an eye on the short-term waves formed on this pair.
👉🏻Connected the higher lows formed to identify the trend line and find if the price respects the trend line one more time with a bullish reversal.
👉🏻Highlighted an important key level in play closer to the current market price if this level will support the price for a reversal expected.
ADAUSDT - TRADE PLANCheck out the trade plan for ADA today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
👉🏻Two important support in play closer
👉🏻Price requires a bullish breakout on the first support to continue the rally.
👉🏻If price respects the first support as a resistance we will see a pull back towards the support 2 area one more time.
AAVEUSDT - TRADE PLANCheck out the trade plan for AAVE today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
👉🏻Spotted an ascending triangle pattern in the 4hour timeframe.
👉🏻We need a bullish breakout to happen on the key level to continue the rally.
👉🏻Targets are pointed with horizontal lines.
BNBUSDT - TRADE PLANCheck out the trade plan for BNB today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
👉🏻Spotted a rising wedge pattern in the 1hour timeframe.
👉🏻Got the bearish breakout confirmation on the lower boundary and shorted down.
👉🏻Expecting a revisit towards the bottom supported area as highlighted on the chart.
AUDCAD - SHORT TRADE PLANCheck out the trade plan for AUDCAD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
👉🏻Perfect down channel spotted and here we are running the 5th impulse to the downside.
👉🏻We had a bearish flag breakout and a pullback which is supporting the idea perfectly.
👉🏻Now here I am expecting a revisit to the following bottom support formed to find a good buying level.
AUDUSD - TRADE PLANCheck out the trade plan for AUDUSD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
👉🏻5 Impulses have been completed inside the down channel formed.
👉🏻Price is failing on the lower boundary-breaking downside.
👉🏻The next expected price move is a reversal on the lower boundary and a breakout to form on the down channel.
USOIL NOW HAS MORE POSSIBILITIES TO REVISIT THE $65 SUPPORTCheck out the trade plan for USOIL today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
We have got the bearish breakout confirmation on the key level highlighted and this can be probably heading back towards the support formed at the $65 area. The structure is a perfect harmonic pattern formed since the sell-off happened at $123 after the formation of double tops on the resistance.
WHAT'S THE NEXT LEVEL WE WILL SEE ON LKR ( LANKAN RUPEES )?Check out the trade plan for USDLKR today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
We have seen an 83% of boost in the USD/LKR Pair since March 2022. Here I have attached the chart and update for reference👇🏻
Sri Lanka pegged in both directions in March amid ‘float’
ECONOMYNEXT – Sri Lanka’s central bank bought 196 million US dollars in March from commercial banks and sold 207 million dollars in a pegged exchange rate, despite an attempt made to shift to a floating regime, official data shows.
The weekly timeframe is holding a distribution zone on the top after the massive breakthrough in March. Price is under control inside the distribution zone. We are required to confirm the direction with a clean breakout confirmation on price action.
Check the chart below 👇🏻
By any chance, if the price confirms a bullish breakout on the distribution, then we have a greater chance of seeing these targeted price levels on the USD/LKR pair. There is no specific timeframe to achieve these targets and we have to wait for confirmation.
Check the chart below 👇🏻
On a bearish breakout, we will see a correction close to 50% on the bullish trend formed.
Check the chart below 👇🏻
LUNC ON SUPPORT. WILL WE SEE A REVERSAL?Check out the trade plan for LUNC today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
LUNC on important support where we should keep an eye on this level to identify if the price is looking for a bullish reversal or a bearish breakout. I am expecting a decent pullback to happen in this area as we have seen some buying interest formed in previous price action.
I have pinned some important levels where we can keep our take-profit limits on a bullish reversal in the short-term base. We have seen a nice correction so far with my previous analysis as mentioned with the 5 wave theory.
WILL BITCOIN CRASH TO 16K SUPPORT?Check out the trade plan for BTC today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
The price of Bitcoin has failed on the key level as shown on the chart. Now BTC is on an important supported area holding 18.7k. Here we should keep an eye to see if the price will continue the bullish reversal respecting the support one more time or if the price will go deep for another supported area. The next support is close to 16.2k where I have spotted that this 16.2k has brought up a huge buying pressure in the short run during the 2020 Bull Run.
Check the chart below 👇🏻
Right now we can see some strong bullish play on the 18.7k support while we cannot expect this to remain the same for the next few days. Also, we have seen a huge sell-off at 20k happened by forming a long spike to the upside on the daily timeframe.
Check the chart below 👇🏻
