The GBP/CAD pair is expected to move bullishly, targeting the 1.78160 level. On the 1-hour chart, the price has successfully broken out of a descending channel, creating a higher high before retracing. This movement is significant, especially with the RSI indicator reaching overbought levels, suggesting strong upward momentum. I anticipate that a more favorable...
Technical Breakdown for XAUUSD Impulsive Move and Correction: The price made an impulsive move upwards, indicating strong bullish momentum initially. After reaching the peak, the price began to form a correction pattern, which typically suggests that the trend might continue in the same direction after the correction is complete. Descending Channel: Within the...
We have a breakout from the symmetrical triangle, with midterm potential to reach 19$✈️ 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong...
To begin, sorry I am a very novice trader and analyst. This is my first ever share Looking at the 2019 wave up I am seeing a Bull Flag, typically only short term formations are classified as such, else it's a Descending Channel. I think this may have some merit on a zoomed out look. If the having does indeed affect prices we could see this occur around or...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪 If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are...
NZDCAD is trading in long term bearish channel and currently make a strong support at the bottom of channel where 4th wave is ended. Will head towards the channel resistance to complete 5th wave?
IGUSDT was trading in long term bearish trend and now OGUSDT current trading to very strong support zone . Will it continue its bullish trajectory ?
As can be seen from the chart price has failed to break yesterdays high. Assuming this rejection follows through then this trade can potentially be extremely rewarding. Moreover, a descending channel has clearly formed on the lower time frames indicating a possible continuation to the down side. The previous idea ought to be disregarded due to the change in market...
Hello traders, EURUSD has been in a downtrend and currently at the support. I look forward for a rejection back to resistance before further continuation to the downside
As you all know, XVG is not performing well from last 16 weeks and according to the Chart patterns, Decending Channel is formed, Breakout formation is also nearly there and also indicators giving bullish signal. DYOR Before taking trade, as I'm not responsible for your loss. RISK FACTORS: Market/ BTC CRASH Duration: MID-Term (3 - 10 Months) Trade. Happy...
wait for a breakout and Take positions Tp are target prizes
Wait for a Proper breakout and then take a trade note all key levels of support and resistance zone! Weekly Levels
-just a simple thought, and a reality, took two separate losses on NVDA, plus i'am holding a contract overnight on a separate account.
Higher Time Frame Analysis (Daily):- BNF In DRC can see a down move for Shorter-term in future, 36600-36700 Crucial Support In weekly their is good rejection from higher levels
AXS/PERP has been in this decending channelfor a while. we just arrived at a important accumulation zone. a good moment to buy some AXS here imo.
Weekly showing good buys are in, Possible break out to the upside.
Hello everyone Before we start discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! GBPJPY : obvious and valid parallel channel shows us best support and resistant zones for buy and sell. Please note how the price react to the upper and lower line of channel and also, the middle...
On H4 timeframe we can see that the price has bounced of a strong support levels and also came back inside of long-term Descending Channel (bullish) Pattern, which suggest that the price is ready to move (much) higher. Furthermore, the price broke downtremd line, that is clearly seen on H1 timeframe, which also confirms the bullish move with this pair.