EURO - Price can bounce up from wedge, exiting from itHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it at once made a correction to support line and then continued to grow.
In a short time, price rose to resistance line of channel, but at once bounced down, making a fake breakout of $1.1120 level.
EUR exited from channel and started to trades inside wedge, where it broke $1.1050 level and fell to support line.
Next, price made upward impulse, thereby breaking this level again and later EUR broke $1.1120 level too.
Now, price trades near support area, and in my mind, it can fall to this area and then bounce up.
After this, price will exit from wedge and continue to move up to $1.1180
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Breakout
Clearwater Analytics, volatility contration before breakoutClearwater Analytics provides SaaS solutions for investment data aggregation, accounting, analytics, and reporting services
The 3-month highs and 6-month highs list is full of financials with some software, and NYSE:CWAN is making 52-week highs
Is the #1 in the IBD industry rank with a 91 relative strength rating, clearly a market leader and is only making its first base within its uptrend
Its key the price respect the $22 zone for its trend to continue.
Bitcoin can grow to 63K points exiting a pennant patternHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago started to grow inside the upward channel, where it in a short time rose to a resistance level, which coincided with the seller zone. Soon, BTC broke this level and rose to the resistance line of the channel, thereby later exiting from it and then turning around and starting to decline inside the pennant. In this pattern, BTC at once fell to the 61000 level, broke it again, and later continued to decline next to the support level, which coincided with the buyer zone. Later, the price broke this level and fell to the support line of the pennant pattern, after which at once started to move up and soon broke the 56100 level one more time. Next, the price continued to grow and reached the resistance line of the pennant, but recently it rolled down a little below and now trades near this line. So, in my opinion, BTC can correct to support line of pennant and then start to grow to a resistance level, thereby leaving this pattern. When the price reaches the 61000 level, it can break it and then continue to move up. For this case, I set my TP at 63000 points. Please share this idea with your friends and click Boost 🚀
NATGAS Bullish Bias! Buy!
Hello,Traders!
NATGAS made a bullish
Breakout of the key
Horizontal level of 2.278$
Which is now a support
And is making a retest
Now so as we are bullish
Biased we will be expecting
A further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
TAO ANALYSIS🔮 #TAO Analysis 🚀🚀
💲💲 #TAO was trading in a Descending Broadening Wedge Pattern, and trying to breakout the pattern. Also there is an instant resistance zone and after the breakout of resistance zone and pattern we will see a bullish move. 📈📈
💸Current Price -- $327
📈Target Price -- $640
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#TAO #Cryptocurrency #Breakout #DYOR
HBAR BREAKOUT APPEARS IMMINENT! A major breakout appears to be imminent for HBAR! If you’ve seen the most recent HBAR chart I posted, you'll notice that HBAR is now at the very bottom of the handle in a 31-month Cup & Handle formation on the weekly and daily charts. Additionally, HBAR has formed and broken out of a very promising inverted head and shoulders pattern on the 1-hour, 2-hour, 3-hour, and 4-hour charts, and is currently retesting the neckline as I write this article. It is also near the bottom of the wedge pattern and very close to the previously established low range on the chart.
I believe we are about to see a significant breakout in the next few days, which could lead to a period of notable price appreciation in the short term. With the Cup & Handle pattern I’ve identified, this trend could continue over the next year as well.
Good luck, and always use a stop loss!
CHF-JPY Will Keep Falling! Sell!
Hello,Traders!
CHF-JPY is trading in a
Downtrend and we are
Seeing a bearish breakout
Of the key horizontal level
Of 167.000 which reinforces
Our bearish bias and we will
Be expecting a further move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!