The GBP/USD timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.30841 Target...
We believe that GBPJPY will continue to the upside after coming down to our PBA (Pull Back Area). Our entry is sitting at the pullback area at 194.778. We are looking for breaks of 195.969 which would confirm our presence The target is 199.482!
Hello traders, Keep in mind day by day new data is printed which can change analysis bias but based on current data on most time frames it's giving a higher probability that price will continue to go higher. Good luck to you
Eurusd has formed a harmonic pattern, on the basis of which, with the support level indicated by the black line, the price is expected to reverse to 1.10880 in three stages. Similarly, according to the GBP/USD analysis, the two currency pairs are directly correlated, meaning that a rise in one currency leads to a rise in the other.
Bitcoin is forming a bull flag pattern on the daily chart, hinting at a potential breakout that could propel the price towards $88,000. Currently trading at $68,523, Bitcoin is testing the upper boundary of the flag, with multiple rejections seen in previous attempts to break out. This consolidation within a descending channel, following a strong upward trend,...
Buy it now or 68400 TP: 70100 TP: 72000 TP: 74000 TP: 76500 TP:80000 SL: 62000 The price of Bitcoin halved, an event that is expected to start the next market cycle. Markets have been volatile recently. Events such as inflows into exchange-traded funds (ETFs) and tensions between Iran and Israel in the Middle East have kept traders in a bind. But in the fourth...
This week, the analysis of gold such as last weekend is consistent, consistent to do more, to do more as the trend, in order to obtain greater profits, the recent strength of gold simply can not stop, the gold price trend to break through the 2700 mark, and after the breakthrough is to show an accelerated rise in the state, we are still based on the original trend...