I have identified a strong bullish pattern on the 4-hour chart of CADJPY. The pair has formed an ascending triangle pattern and has broken above its horizontal neckline. This could signal a potential bullish move ahead. My targets for this trade are 114.96 and 115.51.
USDJPY is moving near the upper boundary of the accumulation zone. The accumulation zone has already triggered three times as a rebound point. The chart has successfully consolidated above the dynamic support. We expect the rebound to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
I see a strong supply area on H1 as evidenced by price rejections that have not been able to penetrate this supply area. For those of us who follow SnD, this can be used as a SELL setup plan in the RBD area of the GBPJPY supply area. The most important thing is to keep risk in mind. Happy Trading. Disclaimer: always trade safely, trading risks are not our...
NASDAQ:AAPL is starting to look like a really great short opportunity. As you can see from the chart, the bullish trend that started in 2020, broke down in 2022 and hasn't been able to confirm support above it. We confirmed resistance on that trend line in August and now looks like we're going back to test it one more time. I'd imagine this time, it won't break...
Hello everyone, unfortunately the breakout out of the flag was not able to break the intermediate high again. The price broke down to the last point of control. I see a high confluence of support in this area. According to the most likely elliot wave count a wave 5 of wave 3 is about to start. Let's see what will happen.
GBPAUD is moving between trend lines under an ascending channel. The chart has formed a pattern AB=CD. The price has reached the support level, which coincides with the 88.6% retracement level of the last bullish impulse. We think that the price will bounce after the support is retested. ------------------- Share your opinion in the comments, and support the...
💹 Let's analyze this forex pair, which is at a critical point, and discuss the entry and exit triggers. 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to our daily analyses. 🎉 Channel Milestone 500 Followers:...
On the above 4-day chart price action has corrected over 75% since the long idea published earlier this year topped out. Now sellers using emotions have provided you with a 2nd opportunity to go long. Why? 1) You know why.. The same conditions as before. 2) Price action resistance breakout. 3) Support and resistance. Price action returns to past resistance....
Technical Analysis Nasdaq The price reached the target we mentioned yesterday and has now achieved 19,250. Today's Outlook: Today, the market is expected to be volatile due to the CPI release and the Federal Reserve's rate decision. A CPI reading below 3.4% is likely to support an uptrend, while a reading above 3.4% could negatively impact the indices. ...
💹 Let's fulfill the promise I made this morning and analyze gold for you. This analysis will also be updated next week 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to our daily analyses. 🎉 Channel Milestone 500...
Notcoin(NOT) has been moving in a symmetrical triangle for about 4 days . I expect that Notcoin(NOT) will succeed in breaking the lower line of the symmetrical triangle and at least fall to the support zone in the next hours. Note: If Notcoin(NOT) is able to break the support zone, we can expect more dumps. Note: An important point you should always...
Over the last 3 weeks, SOLANA has fallen by around 25%. While most people are panicking, all you have to do is look at the HTF chart to see what's going on. We are back precisely on the 0.62 Fibonacci retracement, recovering an Order Block present in 1D but also in H4. So I have a bullish view on SOLANA and I think we've reached the bottom. So, as you can see,...
End of day update from us here at KOG: A relatively quiet day today with Gold giving us a nice long trade on the red box set up once volume entered the markets. Yesterday we said we would stick with the plan and look up into the bias zone trading the longs level to level until we hopefully reach our destination. This move is now on caution as we've completed...
With the rejection of $21, NYSE:PLTR looks set to fall to new lows. I think it's likely that we're going to sweep the lows at $8 and keep falling from there to a final target of $1-2. This will likely take place at some point in the back half of 2024 and should present a great buying opportunity once it gets down to those levels. Let's see what happens over...
AMEX:SPY looks to be showing signs of weakness here. Thinking that we could see the first large decline of the year into one of the support levels below $479-$495. Breaking the trend line would be the trigger. If that happens and we do get a low, then I think we'll have one final rally to the upper resistance levels between $525-$530. Another possibility, is...
USD/JPY 4-Hour Chart Analysis Trend Analysis: - The 4-hour chart shows an overall uptrend, with higher highs and higher lows indicating bullish momentum. - Recently, the price has experienced some volatility but remains above key support levels. Support and Resistance Levels: - Immediate Support Level: 156.00, which could act as a short-term support if...
EURNZD Buying opportunity Appears in H4 Time Frame Looking Price Action for Long Term Buy Risk and Reward Ratio is 1:5 After 50 pips Profit Set SL Entry Level "DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors, by...
Here I have USD/CHF on the Daily Chart! After USD/CHF finished its Impulse Wave May 1st with a High @ .92242 we see based on the Low or Point A @ .89879 followed by a LOWER HIGH or Point B @ .91587 .. We are given all the Ingredients for a CORRECTION WAVE!! Now based on the break of the NEW LOWER LOW @ .88809, using the Fibonacci Retracement Tool, we see price...