⚡️CHFJPY CMC TRADING ⚡️ RISING WEDGE PATTERNCHFJPY has recently formed a rising wedge pattern, and there is now a breakout occurring at the lower boundary. This breakout is anticipated to lead to the formation of a corrective leg, with the potential for a retracement back towards the 50% level of the current bullish trend. Additionally, the 50% level aligns with a significant key zone, providing a compelling reason for considering a short entry.
CMC
⚡️AUDCAD CMC TRADING ⚡️ EXPANDING CHANNEL & TRIANGLEAUDCAD has successfully executed a bullish breakout, breaching both the trendline and the formed triangle. Despite the presence of a bearish expanding channel, there is potential for a bullish reversal to the upside, supported by a well-confirmed breakout. Given the recent confirmation of the breakout, we anticipate a rally towards the most recent swing high on the pair.
⚡️GBPAUD CMC TRADING ⚡️ LQ GRAB & CHOCHGBPAUD has recently seized liquidity above the prior higher high, resulting in a Change of Character (ChoCh) currently nested within the Fast Vertical Gaps (FVG) and Order Block (OB) responsible for the ChoCh on the 1-hour timeframe. Anticipating a downward momentum, we expect a continuation of the bearish trend towards the recent swing low.
⚡️AVAXUSDT CMC TRADING ⚡️ BREAKOUT AND PULLBACKAVAXUSDT has undergone a Change of Character (ChoCh) and is currently in a pullback phase to interact with the Order Block (OB) responsible for the ChoCh. We anticipate a price reversal above the OB and the identified demand zone, facilitated by a significant pullback. Our expectation is for the reversal to lead towards a revisit to the most recent swing high on the chart.
⚡️AUDCHF CMC TRADING ⚡️ FALLING WEDGE AUDCHF has formed a falling wedge pattern, marked by a breakout and subsequent pullback towards the identified demand zone. We anticipate a potential retracement to the Order Block (OB) responsible for the recent Change of Character (ChoCh). Our expectation is a reversal towards the latest swing high on the pair, supporting our decision to enter a long position.
⚡️EURAUD CMC TRADING ⚡️ CHOCH Vs FVG & OB ( REVERSAL )EURAUD has undergone a significant Change of Character (ChoCh), signaling a reversal, notably marked by Fair Value Gaps (FVG) and Order Blocks (OB). We've initiated a long entry, targeting the recent swing high, guided by the identified Order Block.
⚡️FTMUSDT CMC TRADING ⚡️ DEMAND AND BREAKOUTFTMUSDT has successfully executed a trend breakout, supported by the confirmation of a bullish breakout from an ascending triangle, characterized by a Change of Character (ChoCh). With this setup in place, we anticipate an upward rally, aiming to surpass the previous swing highs.
⚡️RVNUSDT CMC TRADING ⚡️ DEMAND AND FAIR VALUE GAPSRVN is currently displaying a short-term bearish channel breakout on the 15-minute chart, complemented by a robust demand zone. This suggests the potential for a reversal or bullish rally to the upside, aiming to fill the Fair Value Gaps (FVGs) formed during the recent price crash.
⚡️AVAXUSDT CMC TRADING ⚡️ HEAD & SHOULDER AVAXUSDT has recently breached a critical support level following the formation of a head and shoulders pattern. This development indicates a significant potential downward movement to finalize the structural breakout. Anticipating a retracement towards the trend line identified on the daily timeframe is our outlook.
⚡️CHZUSDT CMC TRADING ⚡️ ASCENDING TRIANGLECHZUSDT has established an ascending triangle pattern following a significant sell-off accompanied by market liquidations. Anticipation is for a bullish breakout within the formed triangle, potentially filling the Fair Value Gaps (FVGs) created during the sell-off. The projected bullish trend resulting from this breakout holds significance for the current and future price action of CHZUSDT.
⚡️GBPUSD CMC TRADING ⚡️ RISING WEDGEGBPUSD has formed a rising wedge pattern, and we are currently observing a bearish breakout occurring along the lower boundary of the pattern. Our analysis suggests that the price is likely to undergo a retracement, approaching the 50% level on the Fibonacci retracement scale, considering the recent bullish trend.
⚡️GBPCHF CMC TRADING ⚡️ EXPANDING CHANNELGBPCHF has formed an expanding channel, indicating a potential reversal in the prevailing bearish trend. A Change of Character (ChoCh) is evident with the recent impulse movement. As we patiently await the price to break out from the established trend and close above the identified key level, under optimal conditions, we may anticipate a reversal in price direction, leading to an upward movement.
⚡️DOGEUSDT CMC TRADING ⚡️ TRIANGLE PATTERNDOGEUSDT has formed a descending triangle, and there's been a bullish breakout along the established trend, indicating a potential upward rally, especially considering the recent daily highs. Notably, there is a robust increase in volume, coinciding with the recent BTC surge towards $45k. This bullish momentum across various altcoins suggests a supportive backdrop for DOGE, enhancing the overall bullish sentiment.
⚡️AUDUSD CMC TRADING ⚡️ ASCENDING CHANNELAUDUSD has established an ascending channel, and there are indications of a potential downward momentum, particularly with the development of its fifth impulsive wave. This observation is reinforced by the trend breakout that occurred on the 15-minute timeframe. There is a likelihood of a retracement back towards a previously identified key level in the near term.
⚡️AUDCAD CMC TRADING ⚡️ STRONG SUPPLY ZONEAUDCAD is exhibiting a strong adherence to the supply zone established on the hourly timeframe, suggesting the formation of a potential double top pattern. This pattern indicates a bearish inclination, signaling the likelihood of a corrective leg in the near future. It is essential to monitor the price action closely for confirmation of a significant trend breakout, as this could mark the onset of a potential reversal in the prevailing market direction.
⚡️ADAUSDT CMC TRADING ⚡️ ASCENDING TRIANGLEADAUSDT has formed an ascending triangle pattern, indicating a higher probability of a bullish breakout. It is advisable to patiently monitor the price and its reaction within the identified setup. Notably, there is a robust supply zone identified within the hourly timeframe. A break above this level would invalidate the supply zone, potentially transforming it into a demand zone capable of propelling prices higher.
⚡️US100 CMC TRADING ⚡️ RISING WEDGEUS100 has formed a rising wedge pattern, and it is prudent to exercise patience for confirmation of the breakout before considering a short entry. There is a notable potential for the formation of a correctional leg, retracing back towards or below the recently highlighted key level within the context of an extended bearish trend.
⚡️ALGOUSDT CMC TRADING ⚡️ DESCENDING TRIANGLEALGO is currently confined within a descending triangle pattern. To determine the potential future direction, it is advisable to exercise patience and await confirmation of the breakout. There is a higher likelihood of a bullish scenario, with a potential bull run anticipated to retest the recently established highs, should the breakout confirm as expected.
⚡️1INCHUSDT CMC TRADING ⚡️ EXPANDING CHANNEL1INCH has undergone a bearish breakout within the prominent hourly expanding channel. The lower boundary of the channel has distinctly experienced a bearish breakout. Our anticipation includes the formation of a correctional leg, potentially retracing the price to around or below the 50% level on the Fibonacci scale.
⚡️USOIL CMC TRADING ⚡️ REVERSALUSOIL has demonstrated a potential surge in buying pressure within the identified demand zone, prompting a bullish breakout amid the recent bearish trend. These significant levels are distinctly recognized on the daily timeframe. Presently, there is a perceived potential for a movement towards the major Order Block (OB) situated at higher levels.
⚡️BATUSDT CMC TRADING ⚡️ TREND BREAKOUTBATUSDT has experienced a bearish breakout along the lower boundary, signaling a potential trend reversal with a move anticipated back towards the major demand zone identified within the current timeframe. The expectation includes a retest of the initial Order Block (OB) that played a role in the breakout, followed by a continuation in the selling pressure.