EURJPY RISING WEDGE BREAKOUTEURJPY created a rising wedge pattern and we witnessed a breakout and pullback on the structure. Here I expect a further decline in the prices once the price has done with its pullback formation.
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GBPCHF BULLISH CHANNEL BREAKOUTHere I witnessed a clear breakout and pullback on the major structure of the bullish channel on this pair. If the pullback formation here creates enough volume for another downward shift, then we may see a further decline toward the 38%-50% fib region.
XAUUSD BULLISH CHANNEL SETUPXAUUSD has recently laddered up with a perfect bullish channel where we witness a breakout with the recent massive sell off happened on Friday. If the price remains bearish biased we may see a further decline in prices for one more time back towards the picked up key zones.
BITCOIN INSIDE AN ASCENDING TRIANGLEBitcoin has created a nice ascending triangle under the hourly timeframe where we are required to wait patiently for a breakout confirmation to determine the next direction that BTC may take in the next few days. Here we witness a fake breakout earlier on the minor resistance formed, which is indicating that BTC has a strong selling pressure aligned above this level. So we have a higher chance of seeing a downward shift in prices, but still we are required to confirm a bearish breakout on the trend line first.
ETHUSDT BREAKOUT AND PULLBACKEthereum has done a nice rally since our long entry taken with the double-bottom trade setup earlier. Now we witness a nice rally with a strong trend breakout. The price has followed a retracement/pullback back towards the trend line. We may experience a reversal from here back towards the previous highs held up at $3700 and $4000
BTCUSDT FAKE BREAKOUT IDENTIFIEDBitcoin has recently done a fake breakout on the upper boundary of the triangle formed. Here we are expecting a price fluctuation inside the triangle for some time under the hourly timeframe. We should watch closely on this triangle for a possible breakout confirmation. Highs probability for a bullish breakout and a rally since we are on a strong bullish trend at the moment.
EURUSD BULLISH SETUP REQUIRES CONFIRMATIONEURUSD has created an expanding channel where we are now waiting for the price to confirm a bullish breakout on the expanding channel and as well as on the key level highlighted. Here we are expecting a rally towards the 1.098 region next where we witness the next hourly resistance being held.
BITCOIN JUST DID A BIG TREND BREAKOUTBitcoin has done a trend breakout which was expected to happen since the price lift from $64500. I am expecting a rally from here towards the ATH or even higher level targeting close or above $85k.
AAPL MIGHT BREAK THIS KEY LEVEL NEXTThe price has once again found its support on the highlighted key level where I believe the price will further continue to fall with a clean bearish breakout on the highlighted level. For this to happen, we are required to confirm a bearish breakout first before attempting to do any sell-off. Also on the bigger picture, the price has created a double top formation.
The price breakout on the key level is expected to revisit the bottom support highlighted at $145 region.
NVIDIA CONSOLIDATION VS EXPANDING CHANNELEven though the price of NVDA has done a bearish breakout on the expanding channel, the price remains under pressure inside a consolidation zone. Here we must wait for the price to confirm another bearish breakout below the lower boundary to validate the bearish projection. Here I am expecting a downward shift back towards the key level held on the bottom.
TESLA ON DAILY SUPPORTHere it is very clear that the price of Tesla has once again revisited the daily support identified. Now I am expecting to see a potential reversal based on how the price has reacted over this highlighted zone earlier. Additionally, I have sketched down the price action inside a falling wedge pattern which also supports the bullish projection.
ETHUSDT DOUBLE BOTTOM ON SUPPORTWitnessed a double bottom pattern on the support where we are likely to see a bullish trend created ahead with the breakout confirmation identified. Expecting a revisit back towards the trend line zone or breaking above it for a retest back up above the previous swing high.
SOLANA TRADE SETUP IDENTIFIED📈Solana : Trade Setup
Solana has confirmed a breakout on the consolidation where it also got back inside the support and retesting the level for a possible reversal up ahead. Expecting a short term rally towards $180 region Next.
BTCUSDT POTENTIAL DOWNSIDE MOVE AHEAD!!Bitcoin has confirmed a trend breakout recently, But for the moment price still remains above the level with the pullback created by the price. Here we are expecting a downward shift in the prices towards the bottom level of support identified. Since there we witness a possible retracement back towards the 100MA as well. The following pattern is a clear double top formed over the resistance identified at $71k to FWB:73K region
BITCOIN TREND BREAKOUT & DOUBLE TOP FORMATIONPrice of BTC has dumped with a bearish breakout on the previously identified consolidation.
Here once again we witness a clean trend breakout with a double top formation, which is likely to create a further decline up ahead. We expect a revisit back on the bottom support highlighted.
XAUUSD INVERTED HEAD AND SHOULDER HEADING BACK $2210Gold created a strong bullish breakout on the key level formed with the inverted head and shoulder pattern. Here we witness a potential move back towards the recent highs formed close to $2210
AMAZON BULLISH BREAKOUT ON CONSOLIDATIONAmazon just confirmed a bullish breakout on the identified minor resistance level created with the consolidation zone. Expecting a move back up towards the previous high created.
GOLDMAN SACHS ON RESISTANCE Goldman Sachs Respected the Resistance area which is likely to create a reversal ahead followed by the sell zone identified.
🔥BITCOIN MAY HIT 100K NEXT FROM HERE🚀Bitcoin has recently surpassed its previous all-time high and breached the resistance level that had formed. However, there appears to be a minor selling pressure, suggesting a potential pullback to retest the previous resistance level before initiating the next rally. Notably, during the previous sell-off, a target level around $102k was maintained, corresponding to the Fibonacci 1.618% retracement. Presently, the current price of Bitcoin seems to be respecting the previous resistance level as a support, indicating a reluctance for the price to retreat back inside or below the previous resistance zone, at least for the time being.
EURJPY RISING WEDGE BREAKOUTEURJPY adhered to the supply zone's boundaries and executed a bearish breakout from the rising wedge pattern. Consequently, we anticipate a downward retracement following the confirmation received.
AUDCHF TRIPLE BOTTOM PATTERN The AUDCHF has formed a triple bottom pattern, suggesting a potential bullish breakout pending confirmation on the highlighted neckline/key level. Additionally, there has been a recent breakout of the trend, indicating the possibility of a bullish rally towards the $0.61500 region.
🔥BTC MAY FOLLOW A LIQUIDITY SWEEP & A CORRECTION BEFORE NEW ATHBitcoin has approached a significant resistance point near $68,000, where previous selling pressure has been observed. There is a possibility of a false breakout at this level, potentially followed by a liquidity sweep and a subsequent correction phase before the next upward surge towards a new all-time high. A retracement towards the $60,000 to $50,000 range may be necessary to solidify the current bullish trend.
GOLD SHOULD FILL THESE IMBALANCE BEFORE THE RALLYOn the hourly timeframe, gold has formed a rising wedge pattern, suggesting a possible downward movement from its recent peak near $2160. Additionally, there's a distinct gap below $2120 indicating an imbalance that necessitates a retracement to fill it. This retracement is likely to target levels around 50% to 61% on the Fibonacci retracement scale.
