AUDUSDAUDUSD was in bearish trend from last few days and now has given the breakout from falling trendline with strong bullish divergence.
Currently the price is creating a support zone with some healthy green candles and it seems like bulls are getting ready to take control.
What you guys think of it ?
JTS
EURUSDEURUSD is trading in bearish expanding channel. As the price is heading lower the size of channel is expanding accordingly. currently the price has reached at very strong resistance area where the sellers show good strength in past.
this resistance area is also coincide with 38% Fib retracement, which is also a good confluence for sellers to attack.
BAKEUSDTBAKEUSDT recently has given the enormous breakout from descending channel and make 26% move to upside. Currently the price has retraced a bit, which is good thing for another move up,.
Price is trading at support zone and it is being expect that bulls will ride this thing again for another minimum 15% move.
What you guys think of this idea ?
EDUUSDTEDUUSDT was trading in bearish parallel channel and recently has given the breakout from channel.
Currently the price is following the short term bullish trendline and also getting support from broken channel level around, 0.5855 region.
If this level holds perfectly then the next target will be 0.6325.
AKROUSDTAKROUSDT is in good bullish momentum. In recent buyers showing keen interest in buying this instrument. After recent bullish run currently the price is retracing a little bit but still sustaining momentum above the inclining trendline.
price is ranging and creating a support zone and seems like it is getting ready for another leg up .
USOILUSOIL is been on enormous bull run. And now reached to daily resistance zone.
In past bears took benefits from this level multiple time and turn the trajectory of commodity.
Like in past , this time it is also looks like bears were waiting for this level again, as it can be seen from the chart that bullish momentum being fade out.
more ever bearish divergence also suggesting a control of bears is starting now.
USDJPYUSDJPY is trading in bullish parallel channel and completed the AB=CD pattern within the channel. After pattern completion the pair is lacking bullish momentum starting to change its direction from bullish bearish and seems like bears are taking control. If the bears continue to took control , their next target will be 140.80 region followed by 140.
MAGICUSDTMAGICUSDT is showing some good bullish momentum. As the price is still under bearish trendline but it seems like the price is at verge of breakout. Currently the price is getting strong support from previous broken level. If price close successfully above 0.8230 level, which is the breakout of declining trendline, you can trade it with buy stop.