ChartDepth

ChartDepth

A moving average can act as support or resistance. In an uptrend, a 50-day, 100-day or 200-day moving average may act as a support level, as shown in the figure. In an uptrend , a moving average may act as support; like a floor, the price hits the level and then starts to rise again. (1) In a downtrend , a moving average may act as resistance; like a...

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EURUSD formed inverted head and shoulder trading above 1.1375 supports the bullish scenario on the short term targeting 1.1580

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USD is heading down after Harmonic pattern (Butterfly) completion targeting 93.30 then 91.85 as long as it is trading below 97.00.

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BTC formed Cup and Handle pattern on Daily timeframe exptecting price to break previous high @69K and reaches higher levels

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EURNZD Expects to bounce from Rising Wedge Patterns targeting 1.6617 which is a string order block levels.

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USDJPY Formed Bullish Cypher Harmonic Pattern. Market structure is bullish and we expect price to breaks previous highest high @115.50 and mitigate price level @114.90

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EURUSD bounce will face a strong resistance at 1.1370 on the short term and 1.1525 on the medium term will be a good level to build a sell positions targeting 1.1000 widening spread between the 10Y US- German bond yields will increase the pressure on the pair on the long term.

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Gold successfully bounced from the uptrend line and 0.618 fibo trading above 1780 supports the upward move towards 1830$

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GBPAUD Break or Bounce! GBPAUD in a strong area that will determine the next price movement, If price closes below demand level @1.8491 the next step would be @1.8430

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Silver Breaks Rising Wedge Pattern. wait for price to retests lower trend which is a strong supply area in 30Min chart.

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Is BTC hitting 60K Again! currently price moving inside symmetric triangle and the gab between upper and lower trend get narrower, if price closes above upper line we may see 60K again.

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Finally, the price broke above the channel on Nov 21, and after a minor consolidation, the recovery continued. This confirmed a legitimate breakout, indicating a possible trend change. next target is 1.0525 / 1.0590 Fundamentally, traders Betting RBA Will Soon Follow RBNZ May Have to Wait

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GBPUSD formed harmonic crab pattern on 30 min chart heading to next point of interest @1.3380

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USDCAD Breaks Symmetric Triangle Pattern Good signal to enter sell from 1.2675 targeting 1.2640 and tp2 @1.2600 www.ChartDepth.com

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Bullish Gartley expected move is up tp 1 84.16 tp2 84.87 sl 82.50

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FTSE Beraish Cypher targeting 6,950 SL should be places at 7,166

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AUDUSD Bullish Cypher SL at 0.7600 TP 0.7880 RBA may taper easing in July

ChartDepth Updated 

USDCAD Breaks Symmetric Triangle Pattern targeting 1.2133