Hello traders,
Here is my analyis of AUDUSD pair.
After AUD/USD completed an upward impulsive wave labeled as wave (1) in the chart, the pair is expected to form a minor correction in wave (2) before continuing the impulsive upward wave (3), consisting of five subwaves. Based on our analysis, waves (1) and (2) have already formed, and it appears we are currently...
Here I have AUD/USD on the 1 Hr Chart!
Tonight, we have seen Price make a drastic turn to the Upside back into this Descending Channel it was traveling in last week!
With this False Break of the Falling Support, could we see the appearance of a BULL FLAG?!?!
Now with a Bull Flag, we expect valid tests of both the Falling Resistance and Falling Support!!
So far,...
Here I have EUR/USD on the 4 Hr Chart!
Price made a good push to the Upside surpassing the Highs earlier this month but then getting caught up by the Highs of April
Currently Price is bouncing back and forth between the Falling Resistance and Rising Support.
Potential False Break zones for both Resistance and Support are marked by the High and Low Points...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some days ago rebounded from the seller zone, which coincided with the resistance level and rose to 1.0940 points, after which it started to decline inside the pennant pattern. In this pattern, EUR broke the 1.0850 level and fell to the support line, after...
So, this is a slightly different look of another chart.
Basically, we might be seeing this play out in real time.
This pattern is scary where the price currently sits.
and to where it can head.
What is the pattern?
Trace 2018 to Covid and then into recovery and correction.
Bring that to the current move, pattern, wave... whatever you want to call it.
It's...
BINANCE:FLOWUSDT (1W CHART) Technical Analysis Update
FLOW is currently trading at $0.902 and price is hovering around the support zone. Im looking at the price to pump back up as the price has already hit the support zone.
We can expect pull back but that will be a good opportunity for a DCA. You can enter a LONG trade at the current price and do DCA if the...
BINANCE:FETUSDT (1D CHART) Technical Analysis Update
FET is currently trading at $2.366 and showing overall bullish sentiment
Price has broke out from the resistance line successfully and we are seeing bullish momentum for FET
We can expect this bullish momentum to continue and we have good opportunity for a LONG trade here.
Entry level: $ 2.15-2.36
Stop Loss...
INDEX:BTCUSD Will likely top out @ ~90K
Bearish cycle (12345) wedge was broken (A) and tested (B) with (ABC) correction to 0.5
Consolidation (WXY) around 0.618 of the bearish cycle
Breaking of the intermediary wedge and 0.5 of the bearish formation on (1) first impulse
Bottom of the bullish wedge touched (1) end
Testing of the intermediary wedge...
54K seems to be the most likely support level on the 4-hour chart for Bitcoin/USD.
After that 52K .
A drop to 48K seems unlikely . But possible.
A reminder that this is the 4-Hour Chart. If you zoom out, you will notice that Bitcoin is not yet in a bear market.
Technical Analysis tools used:
Volume, Ichimoku Clouds, Fibonnaci Retracement, Volume Delta,...
Here I have EUR/USD on the 4Hr Chart!
Since the LOW on Apr' 16th, Price has been traveling in what looks to be an Ascending Channel!
Price today was unable to make a NEW HIGH to give us another test of the Rising Resistance and instead gave us quite the drop out of the Ascending Channel!
With this break, I believe multiple confirmations are pointing to this...
Here I have AUD/USD on the 1Hr Chart!
Price has found quite a Support @ .64848!
Not only that, but we have 2 Clear Tops and price is working on a 3rd!!
If price is unable to move any HIGHER than this Resistance @ ( .65296 - .65246 ), I suspect price will move back down to the Support or "Neckline" and with that, will have completed a VERY STRONG reversal...
Here I have EURJPY on the Daily Chart!
Currently you can see price back up at the Resistance Area of ( 164.3 - 165.3 ) after having tested the Rising Support 4 times with each time successfully having Strong Bullish reactions ... this Price Action has formed what looks to me to be a Bullish Triangle Pattern!
Fundamentally, there's a lot to unpack but with JPY...
As BTC trends up these past few days, it has formed this bearish ascending wedge on the 4 hour. It is something we should be tracking as we get nearer to a break down.
Stew
Here I have AUD/USD on the 1Hr Chart!
Our two current Lows @ ( .9498 ) on Wed. April 10th and ( .9456 ) on Fri. April 12th show an interesting underlying story when it comes to our indicators!
1) Looking to the RSI and comparing the Lows to Price on the chart, we can see that the RSI is showing a STRONG Divergence meaning Price could potentially be looking to...
Hello,Traders!
BITCOIN is trading in an
Uptrend and the coin is
Now forming a bullish
Pennant pattern so IF
We see a bullish breakout
Then a further move up
Is to be expected
Buy!
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Check out other forecasts below too!
Yesterday, before the huge fall, I posted:
"A lot of Bearish Confluences. The crown: Daily Rising Wedge completed after price cleared all the Poor Highs + Resting Liquidity in the Top of the Daily Range. Be safe."
Fall confirms my Bearish Plan. Not sure how far BTC will fall but its very probable that the Daily Range is indeed a Distribution scheme. Protect your...
AUUSD (Gold/US Dollar) is currently experiencing a strong bullish trend, marked by consistent upward momentum and robust buying pressure. This bullish sentiment is underscored by the recent attainment of an all-time high price level.
Key Indicators:
Price Action: XAUUSD has been steadily climbing, forming higher highs and higher lows, indicating a clear...
ZIL/ USDT finally arrived to the TP level.
It took around 6 days to finalise BUY order with Enter point @0.013197 & TP @ 0.03776.
All analysis was based purely on the technical analysis only.
After collection of nice profits ZIL/USDT returning back to the watch list until further notification.
