Hello traders! In my opinion, in medium term this pair is sell.
Target:
Buy 1911.50 (sell confirmation)
Sell 1740.00
Be careful and wait for a confirmation!
Don`t forget to look at the economic calendar!
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GOOD LUCK!
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on the daily timeframe i have drawn an uptrend wedge pattern! as it is climbing to near breaking point, just how much further can it go to near breaking point? I dropped down to the 4H timeframe and drawn my S/R targets to reach if only it restests the resistance on the daily timeframe which to then i can place an sell order for a good price and give me a good...
TradeBOT Strategies Indicator Technical Analysis ⤵️
📊 Tradebot Strategies Created Harmonic and Technical Indicators Pattern. The Key Resistance area for YFI is the $7970 Zone. If it can break above this zone, the formation target will be $8428. The Double Bottom Formation Created by the Indicator Confirms This Rise, We Watch 🤔👍
a possible count for shib, I,ve got the second big pump it made pegged as an X wave so im expecting back to the highs or close to the highs as the top of a macro 3 wave then down for a month or two before the final pump up somewhere between the 4.618 and 5.618 of the macro 1 wave - lets see how it goes
The price on AUDUSD has followed the expected movement as outlined in the previous analysis . Currently, the price faces a combination of four resistance levels that need to be cleared before moving further down: a weekly trend line, a yearly trend line, the key level of 0.68650, and the 38.20 Fib level.
It is probable that the price will bounce off these strong...
The US Dollar Index has produced a bullish engulfing candle on the weekly timeframe after failing to break down the weekly resistance level at 101.50.
On the daily timeframe, there is a breakout of the falling wedge pattern with a positive divergence on the MACD indicator.
The price still has three more resistance levels to overcome before it can be considered a...
EURGBP has formed a famous harmonic pattern bearish butterfly, we are looking forward for bearish movements. Wish you all the best. Remember to use a proper risk management. Lets Download Success.
Silver is about to break out of the channel.
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, outlines that the key determinant factor for a real bull market in the gold, silver and the precious metals mining stocks will be when gold decidedly breaks above the S&P 500 on the ratio chart. There are plenty of historical periods one can point to as evidence...
The EURCAD currency pair has formed a triangle pattern with a divergence on the MACD indicator. This pattern also appears to show triple tops with another divergence. These patterns are located at a strong resistance area, as the price is touching the 200-week moving average and testing the key level of 1.46350. To consider a sell signal, the price must break the...
BTC 3D chart
Zooming out and looking at the bigger picture, here we are looking for patterns to see what the current trend could be telling us. 👀
BTC is currently elbowed at a cross way hitting resistance of our outer downtrend, the 100 EMA and trendline marked in red!
The last time the 21 crossed the 50 Moving Average, price shortly topped the retraced back...
Hello traders!
Welcome back to another trade with analyst Aadil1000x.
Ape is ready for an instant pump and we are ready to make big from this move. Our Risk Reward is 1:14.
APE 6.021 Buy limit
Stoploss 5.91(-1.83%)
Target 1, 6.578(+9.22%)
Final Target 7.57(+25.72%)
Don't forget to hit the like button and follow to stay connected.
EURGBP
Another double bottom + TL as support! We could go further and add various other confluences but what's really important to implement your own trade plan in this idea!
Double bottom, support 0.88350 areas. Drop below further than that, then I would re-think this idea.
Overall stay above the support of 0.88350 and break of the key resistance that has...
We see Hourly down wedge, which likely will break upside, confirming 4H orange channel
We enter only with stop order- retest. Position details shown in image.
Happy trading All
THIS IS NOT A FINANCIAL ADVICE, THIS IS ONLY A PERSONAL OPINION, WOULD LOVE TO HEAR YOURS IN THE COMMENTS
I believe this drop in price is only a correction due to the huge jump from 45 to 47.8. The price broken the trend line and is supposed to have a strong support @ 47.965 and 46.614. The final support before a bearish would be 43.04.
So to conclude i...
It appears that we are currently experiencing a similar pattern to the bull run we saw in the past. During this previous bull run, we saw a sharp decline from 65K to 29K. Currently, we are seeing a similar pattern with long positions being trapped at the top and many stops being placed below 20,4K.
If this pattern continues, we may see a decline towards the 20K...
GBPNZD - Just an idea!
It's a break above 200 EMA expect 1.618 as target areas!
It's important this week regarding fundamentals to take into consideration as we have many CB's!
If we stay above these levels, the bulls are in control. However, if we were to break below the areas of 1.90400 areas then bears may gain control.
Key tip: Most of the time, it's...
On the chart of Autodesk(ADSK) we can see a double top pattern. For the whole year of 2022 ADSK has been in a downtrend and it is likely to continue in 2023.
The double top pattern is a bearish pattern. Once the price breaks down the neckline and turns into a resitance instead of a support the pattern gets validated and the trade can be entered. Take your profits...
