Hi fellow traders, Bitcoin DERIBIT:BTCUSD.P is declining a bit and making a nice downwards structure on the 1H frame. What we can see is building resistance on the 58K level. We can see that the short-term foresight shows a possible resistance in the form of a trend-line rejection. Additionally, a possible rejection from the exponential moving average (50...
As we can see we have retested the trendline from the previous pullback hinting at a potential continuation. We got a retest of our trendline and now we got confirmation. Now we are looking for a TP1 and TP2 at our 1:1 and 1:2 respectively.
NASDAQ:NVDA is clearly overextended but still not bearish at all on the smaller timeframes. If you watched my previous analysis on Nvidia, you know that I have been bearish for quite some time and totally wrong so far. But there was never ever any single sign of weakness so I did not take any trade betting on price to go down. Nvidia is still retesting...
OANDA:USDJPY has been in bullish trend. With the recent intervention of bank of japan with over 3.4 trillion yen, It has seen strong move downwards strengthening yen. As, the price is trading at premium fib levels of 50-78% , It can retest ascending trendline and bounce up from there making it an attractive level to look for buying opportunities
OANDA:NZDCAD has been forming Higher Highs and Higher Lows. Currently, It is trading at premium fib levels of 50-61% along with ascending trendline retest. We can look for long opportunities from here
Hello, fellow traders! AUDUSD presents an enticing opportunity for long positions, backed by the confirmation of a Bullish Fib-3 Bat Pattern on the 4-hour chart and a Bullish Wedge Breakout on the 1-hour chart. Let's explore three effective ways to engage this trade: 1. Retest on Support Line at 0.6613 (1-Hour Chart) - Strategy : Wait for a retest of the...
OANDA:EURJPY is in overall bullish trend, forming a strong ascending trendline. Recently, after a strong bullish move, It has been retracing towards discounted fibonacci levels. It might continue its bullish momentum from these levels after trendline retest where we can look for long opportunities.
OANDA:EURCAD is showing potential reversal from current zone. It is currently trading in potential reversal zone of XABCD butterfly pattern along with ascending trendline retest and bullish divergence confluence. These evidences suggest a potential up move in EURCAD from here. We can look for buying setups.
Hello Traders, Critical Zone Breakout from Supply Zone Indicates Potential Downside Momentum, We have A Supply Zone, And We Breaked a Trend Line So, There is A Potential Move Downside. Please Note That The Only Purpose of The Information On This Page is Purely Educational. We Are Not Registered with SEBI; Therefore, Before Making Any Financial Decisions...
IMXUSDT is trading in fine bullish trend and maintaining well the bullish trendline. Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from the chart. Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack. if bulls take the charge this time...
first it made rising wedge pattern now it is making triple top trendline it all depends on fed and boj if it breakout to upside then buy retest target 150 or sell third retest of trend near big daily resistance near 145
Gold is on a downtrend at the moment as DXY(US Dollar) is showing signs of recovery after the big dip in March. But anything can happen at the moment with everything going on with BRICS Wait for either the breakout or retest of the trendline before you place trades. If price breaks above the trendline buy the retest to 2030 but if price retests at the...
Just make sure to follow the trend. With a weekly that is bullish, and a visible daily trend-line, the best thing to do is wait for price to come to that trend-line. A good trade if we see rejection occurring on a lower time-frame.
Retest of the broken trendline and price respecting our supply zone is the reason im jumping in for a sell.
FILUSDT has the range between 2.7 and 3.2. ATL at 2.59 was broken and 2.34 was printed in December. I am waiting for the test of 2.7-2.8 and then touch of trendline 3.8-4.1. 4H: Predict calls to sell + RSI overbought.
Gbpchf pair in overall downtrend. I decided to spot a good retracement opportunity heading towards the downward sloping trend line. Also, I used fib retracement tool for additional confirmation. Good luck!
I believe Ross is going to turn down again based on a resistance line that has been in effect for more than several months now.
Order BUY NVDA NASDAQ.NMS Stop 122.08 LMT 122.08 will be automatically canceled at 20230401 01:00:00 EST NVDA daily RSI divergence with pinnacle pattern consolidation if we clear it from above can run into downtrend resistance trendline