image self explanatory, I believe Ethereum will shake out weak hands and aim for demand before pushing up and making new highs.
Could this potentially be the upcoming selling opportunity for GBPJPY? If so, I will monitor the market closely for a sell setup.
Area of interest marked on chart. Expecting retracement from weekly level and waiting for 38,2% for big push.
Hello everyone, Lets talk Bitcoin so after our recent post regarding the uptrend line that was acting as support but BTC broke it, and now it's at around 39k-38k area, 2 possible sceanrios now, BTC might bounce back to 41800 if it breaks the downtrend on the RSI as shown in the chart, also MACD shows a chance of crossing and positivity, If BTC was not able then...
In this bitcoin analysis Important support levels are displayed Scenario 1: If the strong support that is fully displayed in the chart fails, we will see a drop in the price of bitcoin Scenario 2: Considering that we are in the third wave of daily time We see correction to the support lines in the chart and then in the fifth wave we will see an ATH...
It's advanced pattern season and US oil is on the verge of forming a bat pattern! So we have a bullish market that's come into a bit of consolidation and that is a perfect recipe for a winning advanced pattern so keep your eye out on this one!!
Trade safe. Do you own analysis and trade at your own risk.
Dollar is weak in my opinion and looking to run the lows on the daily chart. IF we do break to the upside I will be looking at 91.40 and 91.95 for a reversal. Currently long from last week on Aussie and Fibre. So just managing this for now and waiting for new opportunity. HV News only thurs/friday this week for AUD and EUR
Good morning, traders! Today we will analyze USD CAD in three timeframes to show you why we consider upside potential in this pair. We will analyze from a higher to a lower timeframe to contextualize the analysis and detail how the three visions coincide. 🔸First of all, we have the Weekly Chart: - In this chart, the analysis is very simple. We see a marked...
Just a idea for EURNZD Price respected my Demand area/Daily Trendline/Round Number +W Pattern (1h TF) I have nothing more to say here.. <3 hopefully it will be fine
i went short at 153 area and im goin got be holding into next week for a swing trade to hopefully see a large bearish move all next week after a clean rejection of the 153 area
-> In this analysis, I decided to look at the GBP / JPY currency pair, the analysis comes from a 15 min chart. As we can see in the graph, a rising wedge formation was formed for us. I assume a downward movement and then an upward movement. Entry into the position is at the current price and then the buy order on the reflection if it happens. I expect to move...
🔸 WEEKLY CHART EXPLANATION: . . 🔸Price broke the Ascending Channel. . 🔸It is now facing the Support Zone at 93.00. . 🔸If this zone is broken to the downside, the next bearish target is the Support Zone at 89.00. . 🔸 Will look for a lower timeframe bearish setup.
🔸 4H CHART EXPLANATION: . . 🔸 Price bounced at the Confluence Zone between the Resistance Zone and the Descending Trendline. . 🔸 It has also broken the Ascending Trendline. . 🔸 It has potential to make a downside move. . 🔸 Will look for a lower timeframe bearish setup. 🔸DAILY CHART ANALYSIS:
I expect the NFLX going up to the 429.58 level for However can back to the trend line i f break the trend line for sure will going down to 421.02 level
I have entered this pair some times now, made nice profits, yesterday i closed a trade going +50pips profit because i thought it was going to come back to breakeven! Now i think it's going further up, i'm in again! what you think?? Leave your opinion in the chat! Also, if you would like to join me in Telegram, here's the link : t.me/tradingbayfx