The pair hits oversold amidst a retest to support. Buy 366.500 and breakouts above 369.222. Ultimate target lies at 372.500. That is a 500 pip swing trade.
Overbought rsi amidst a continuation pattern. possible 100 pips move.
M PATTERN retested and a bounce has been noted. Divergence in momentum amidst a higher tf resistance zone. Entry after inside bar and hammer candles confirmation.
BTCUSD bouncing back towards 70k. TH short term target is 67000 level.
The pair has broken the market structure amidst a major divergence in momentum. 0.85000 level is the next favorable level for price to rally to short term. Take long position as shown in the image.
Momentum divergence and break of structure; inverted head and shoulder. Bullish scenario.
400 PIPS full TP hit. 20.50000-20.10000 up for once the pair closes sustainably above 20.50000. Bravo to the takers.
380 PIPS BAGGED! EURZAR has rallied back above 20.0000 and is now trading a few pips below 20.5000 key level; i am expecting a take out of the latter during london session Friday 31 May 2024.
200 PIPS banked! BTCUSD falls sharply from the 70k all time highs to 68000-67250 range lows. The analysis to the short was sent in the private message.
CADCHF pair has rejected the range high amidst a broken ascending wedge. The retest to the broken pattern(rising wedge) gives the pair a continuous flow downwards. 0.65000 equal lows are the first expected target points.
CADJPY traded into a sell territory amidst a overbought RSI.I expect the shorts to take over from here.
EURUSD has broken the market structure after a strong momentum-price divergence. The pair has formed a confirmation bullish harami on the Daily chart. 1.10000 on the cards.
The EURZAR has been retracing for the past week. The pair seems to have found considerable support around the (61.8%-50%) fibonacci levels; Triple bottom pattern on the lower timeframes validates this long position. 21.00000 KEY level is my projected target level.
SUPERB MOVE! H4 equal highs purged . The cryptocurrency has traded to the range highs (53800-53000) that was talked about in the Saturday post. We wait to see whether there will be a break or rejection at these levels. Always, Bravo! to the takers.
90 PIPS BAGGED. The cryptocurrency has taken the equal highs after the bullish signal sent earlier. Bravo to the ones that took the risk. Onto the next.
The cryptocurrency has tapped the range low again and bounced in the lower Tfs. The H1 has formed a bullish harami pattern, giving way for a bullish move once again. Targeting 100-180 pips.
The pair has formed a possible tripple bottom pattern and a CHoCH witnessed in the 15 minute TF. Looking forward to a 70-PIP takeout of 112.000 key level.
Bitcoin/USD is capped in a range (50500-528000). The cryptocurrency has bounced off the range low. This gives consideration for a long move with targets at the range high.