CADJPYIs CADJPY exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 109.30 followed by 108.
What you guys think of it
Beyondtechnicalanalysis
SFPUSDTSFPUSDT has given the breakout from long term declining trendline and about to start new bullish trend.
As the market start to consistently printing new HHs and HLs.
A retest of previous broken structure is due, if the market successfully sustain the retest it could be a nice buying option .
what you people think of this idea ?
AUDUSDAUDUSD was trading in bullish parallel channel till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the ascending channel.
Now the price is retesting the broken channel and broken support level. which is also the 50% fib retracement level.
it seems like the sellers can attack again this bearish confluence.
If the sellers takes charge again, the next target could be 0.63800.
AUDJPYAUDJPY is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be back to highs.
OPUSDTOPUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now the retest of the broken level is highly possible, which is also the Fib retracement level.
If the sell momentum continues the next target could be 1.210 region.
What you guys think of this idea.
FETUSDTFETUSDT is trading in fine bullish trend and maintaining well the bullish trendline.
Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from pointed arrows on the chart.
Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack.
if bulls take the charge this time too the next target could be 0.2400.
NZDJPYNZDJPY is in strong bullish trend.
As the market is consistently printing new HHs and HLs, seems good buying opportunity.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.02450
What you guys think of this idea?
NAS100NAS100 is at very critical level. After the recent massive sell off the buyers are being reluctant to buy.
But the price is also reached at inclining trendline, which is also the BC length of harmonics.
It seems like harmonic may attempt to complete its final length CD.
If CD length completes the realistic target for bulls could be 15600.
What you guys think of this idea ?
OCEANUSDTOCEANUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.3400.
OCEANUSDTOCEANUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.3400.
SNXUSDTSNXUSDT is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle.
Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle.
If the breakout sustain to upside the optimum target could be 2.350.
What you guys think of this idea?
Has GOLD made its low?It seems that GOLD might have made its low.
-Price turned 200EMA back to support (red moving average)
-Showing rising demand on the three lows I marked, and last one is the highest (rising demand).
-RSI break?
(White arrow)
When/If this lower high is broken then the price structure changes from lower highs to first time making higher high since may. Which gives me more conviction for a trend change. (ofc price has to stay on top of this level for keeping this valid)
The higher low break on 200EMA works as stop loss for me
I have around 2.5% of my net worth on Gold/Silver. I'm planning to make it bigger cause Gold will possibly run around 2.5k-3.5 in 2-3 years, and silver $50-$100
Good investment for years to come as quantitive easing etc will keep going harder than ever..
Check out my june BTC Dominance analysis here which hit spot on! :)
ETH -16%, BNB -30%, ADA -33% against BTC since that call
If you are starting out trading "post about great mentors I follow and respect" here
1st mistake novice traders do is that they don't use stop losses, doesn't calculate their RIsk/Rewards and gets their ass burned cause of that.
Always use them!
-PalenTrade
GBPUSDGBPUSD is trading in more like of falling wedge pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the wedge.
Currently the price is forming a local support around 1.2400 region and a bullish divergence also indicating the buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher?
OGNUSDTOGNUSDT is trading in fine bullish trend and maintaining well the bullish trendline.
Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from pointed arrows on the chart.
Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack.
if bulls take the charge this time too the next target could be 0.1100.
BNBUSDTBNBUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 220.
FXSUSDTFXSUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 5.2 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
MATICUSDTIs MATICUSDT getting ready for some serious bull run?
It seems like the MATICUSDT is in the formation of ABCD pattern.
If the CD leg plays perfectly it will be a sky rocket.
EURUSDEURUSD is trading in more like of falling wedge pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the wedge.
Currently the price is forming a local support around 1.0640 region and there are chances that a bullish divergence may form here.
Will the bulls take charge again continue for leg higher?
EURNZDEURNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 1.7945 region.
What you guys think of this idea.