MarkhorTrader

MarkhorTrader Updated 

Platinum is holding strong at the lower trendline of a bullish parallel channel, keeping the uptrend alive. This key support level has previously fueled upward moves, and traders are now watching to see if the rally will continue. Adding to the bullish case, a bullish divergence has formed on the 15-minute timeframe, signaling weakening downward momentum and...

MarkhorTrader

The CAD/CHF pair is currently trading at a critical support level, showcasing multiple bullish technical signals that suggest a potential reversal. A falling wedge pattern has formed, which is typically a bullish reversal pattern, indicating that the selling pressure may be losing steam. Additionally, a bullish divergence on momentum indicators points to weakening...

MarkhorTrader

Solana is exhibiting a bullish flag formation, indicating potential for an upward rally. Additionally, a bullish divergence is observed on the 1-hour time frame, further supporting the likelihood of a price increase.

MarkhorTrader

GBP/USD has formed a bullish flag pattern, indicating strong uptrend potential. Additionally, a bullish divergence on the 30-minute chart supports the likelihood of upward momentum.

MarkhorTrader

EURUSD has formed a bullish flag pattern, indicating potential for upward movement. Additionally, a bullish divergence has been observed, further supporting the likelihood of an uptrend.

MarkhorTrader

The Dow Jones has bounced off the 0.382 Fibonacci retracement level and formed a bullish divergence, indicating potential upward momentum. This technical setup suggests that the market may be poised for a reversal.

MarkhorTrader

Gold is currently at a significant resistance level and has formed a doji candlestick pattern. This setup indicates potential market indecision and a possible reversal.

MarkhorTrader

USDJPY has formed a bullish flag pattern, signaling potential for further upward movement. Additionally, the pair has broken a series of lower highs and lower lows after printing its first higher high, suggesting a strong shift in momentum.

MarkhorTrader

Natural gas is forming a bullish wedge flag pattern, indicating potential for an upward trend. Additionally, a bullish divergence has been observed on the 30-minute chart, further supporting the likelihood of upward momentum.

MarkhorTrader

Cotton has faced rejection from the trendline and has formed a bearish divergence. This technical setup suggests potential downward momentum as the market indicates weakness.

MarkhorTrader

EURNZD has formed a bearish divergence and is currently at a significant resistance level. This technical setup indicates potential downward momentum as the pair struggles to break through the resistance.

MarkhorTrader

USDCHF is currently forming a head and shoulders pattern, a classic technical indicator signaling a potential trend reversal. This pattern suggests that the current uptrend may be losing momentum.

MarkhorTrader

EURCAD is currently exhibiting bearish momentum and has formed a divergence on the 1-hour chart. This technical setup suggests potential downward movement.

MarkhorTrader

Ethereum has formed a bullish flag pattern, indicating potential for a strong upward move. This pattern typically occurs after a significant price increase and is characterized by a consolidation phase followed by a breakout.

MarkhorTrader

Cotton has changed its trend and is now printing higher high and higher low. This pattern indicates a bullish momentum.

MarkhorTrader

Natural gas is currently at a significant daily support level, indicating potential for a strong price floor. Additionally, a bullish divergence has formed on the 30-minute chart, suggesting a potential upward momentum in the short term. Further strengthening this setup, natural gas is also receiving support from a 4-hour trendline. This combination of factors...

MarkhorTrader

USDCHF is facing rejection at the weekly trendline and has formed a bearish divergence on the daily timeframe. This technical setup suggests potential downward momentum.

MarkhorTrader

NZDUSD is currently finding support at a key weekly level and has formed a bullish divergence on the 4-hour chart. This setup suggests potential upward momentum.