Hello friends.
after 1 week Rally , Etherum Reach its important resistance level , Near 1700.
i see a reaction to Trendline , pink line i drawn on the chart.
also MA200 is here too...
so i think ETH will fall to at least 1450 , where there are 1450 support level
and 50% fibonacci retracement level.
if the situation is permanent , Price will bounce from this level...
Nifty broke the the trendline support, next support at 16950 & 16744 as per Fib Retracement, try to short market after retest.
17085 could work as a Resistance.
16744 could become a reversal level.
This information only for Educational purpose.
SMC ;
Maybe a higher low to build a bear flag or retest for the trend broken and goes up .
Note : PLEASE do your own analyse befor u take this trade cause it's my first time in tradingview
thanks for your support and welcome for any advices
god bless u all
EURAUD hit the monthly support once again and bounced bullishly forming a double bottom with bullish divergence(D1).
Price also broke out of the trendline and is retracing back to it.
We can expect the price to drop to 1.45041 from where we can open long orders.
The initial target for buys is the pivot (1.48430).
We broke the trendling and bounce back at A. Confirming the change in trend. Best trades taken for swing positions at point A. We have a continuation to 1.618 Fib extension as out last TP and closing all positions. The trend is making Lower Lows and Lower Highs. We also have a Bearish Engulfing on Support and Resistance 137.50
Gold has risen steadily retracing back to the recently broken support.
This resistance level happens to be 61.8 fib level and also the trendline resistance.
From my previous analysis, this was my target selling zone and I'll be looking for entries in a lower timeframe.
The bearish divergence on technical indicators reinforces my sell bias.
Price broke the ascending trendline and has retraced back to it.
The trendline retest and price rejection on the daily pivot suggest a bearish move towards support level 1.0083.
Targets at 1.0121 & 1.0083
Hello 🐋
Based on the chart, the price is close to the support area , channel support and the green trend lines that act as a support ✔️
if
the price does not break the green trend line and the support area to the downside, we will see more gain to the upside from our support area 🚀
and our
important support areas are $23000 and $22700 and $22100
Please, feel free...
these are only valid if it continues up from that direction. me personally I'm only interested in the 61 and 76 fibs as there's more than just on confluence in that area which is the Trend line retest. so I'd be looking to take that. but it's only medium risk the others are high risk so i recommend risking less 0.5% or less on the white zones and 0.5% or more for...
1. Overall down-trend
2. Trendline going for a 3rd touch
3. AWR - Average weekly range HIGH is close to Fibonacci 0.618 AND the trendline
If the price respects the average weekly range it's lining up with the trendline and Fibonacci 0.618 at the same time.
These confluences line up perfectly and could mean a continuation of the down-trend. Good enough for me to...
Hello, on this pair Analyzing from daily time frame down to 1 hour timeframe(Topdown Analysis), price as tested the upper Trend on the DTF and got rejected moving down to the lower time same setup applies(on 4HTF spootted a double bottom with is also an addition to our factor of confluence). Looking forward to short the pair. My Target is to support...
Price on GBPJPY made a pullback after a break of support (yellow rectange) and has tried 2 times to go back above it but keeps failing. I expect downtrend to continue.
AGIX was traded in a falling wedge since September 2021.
On 21st January price breakdown the lower trendline and find strong resistance between $0.13 and $0.11 – a high demand zone.
Panic selling caused by market uncertainty, Russia – Ukraine conflict, etc. is over and whole crypto market is seeming ‘pretty healthy’.
These in conjunction with the relatively low...
This video consist the technical analysis of XNGUSD for the upoming week ( 6-10 December 2021) based on the price action. The market is now in down trend because it has broken and closed below both the neckline of head &shoulder pattern and the deep pullback support of the up trend.
The price is now at the broken resistance which could turn into support.
...
