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MID

GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: (Daily Time-frame) While the price is below the resistance 199.79, resumption of downtrend is expected. Technical analysis: The descending flag taking shape suggests we will soon see another leg lower. Trading suggestion: Price rejected from Trend Hunter Sell Zone (198.42 to 199.79). We are going to open 8 sell trade based on these Take Profits: Take Profits: 196.00 193.51 191.88 189.47 186.23 182.78 178.41 Short Term forecast: (H4 Time-frame) The Uptrend is broken, and the price is in an impulse wave. Correction wave toward the Sell Zone. Another Downward Impulse wave toward Lower TPs. SL: Above 199.79 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Short
by ForecastCity
MID in Consolidation - Bullish Progression expected Hey guys, Yearly Chart is bullish, Quarterly forms an inside Bar at a critical stage - Since April I can see a Consolidation at the Yearly High of 2021 - between the marked area on the Mid Cap Index - SP400 - thus I have a neutral bias but I am a bit careful with going short from here. For a bearish szenario MID has to break below 2915 and print a bearish Chart Pattern. Everything else is a confirmation pattern for me at the moment. For a Bullish Progression I would like to see buyers stepping in now and giving a clean and neat entry on the lower time-frames to swing it up to the blue box - which is the most important level for me to watch at the moment… Ideally I will be buying on the 4h/2h Chart - but I will break it down once more to the hourly because of Risk- Reward. Thanks for reading.
SP:MID
by MeruEU
CARDANO BULLISH DIVERGENCE ABCD INCOMING, THE MOMENT IS HEREPulling back from pulling back off the pullbacks. Short term - as we've pulled back from the recent short starting on the 22nd, we are going to enter a bearish divergence, via market sentiment and incoming Core CPE, we're looking more bullish then ever, but for the next 3 days, were seeing something bearish, but in long term bullish Mid term - we are in a current pullback from March 10th, in the little buy boxes i have, the range is very inaccurate, the lower you go the riskier you get. given the more larger trend line that has existed as resistance, buying anywhere inside is safe. but currently, as we pull back, we are bound to hit that line again, and as everyone has anticipated for weeks and months, we are about to hit the jackpot and goto the moon! Long term - using our Fibonacci Retracement Tool, we've previously retested this larger trend line, midway above the 786 line, i think once we confirm this 618 line, even if it breaks through the larger trend line and tests it, we should see massive, possibly and probably big gains! chances of ADA going under 0.30 are improbable because that would in turn give a bearish divergence and idek what goes on there, but that would mean crypto goes down and theres no way thats possible anymore 4.
BINANCE:ADAUSDShort
by Migweel
BABA stock is breaking out the down trend channelIn my personal opinion I am very Bullish in NYSE:BABA stock for many reasons The Main reason is the financial Numbers are very good and it is considered one of the cheapest stocks in the World now So it is a good chance to buy more shares with such low price In TA view it has already broke out the Parallel Down trend channel on an Important Support zone On daily time frame and it has retested the support zone and price started to go up. My Entry zone is between 89 - 92 and the mid term ( 4-8 months ) target is 135 What Do you think about NYSE:BABA in the coming days
NYSE:BABALong
by MhAlbeloshi
2
Just a possibility on Bitcoin! Have a look at my Elliot wave analyze, this small triangle is more probable. I expect price goes to 37500 and an small bullish move to 44000. As still haven't finish wave 4 we need to trade very carefully. I have updated last analyze. I am holding all my Long position and I am adding more margin to my long position at 38050. this means, in my opinion in mid-term still we have a bullish move to about 50000 dollars , in case price can be low till 34000 dollars before touching 50000. which will be a good opportunity to add more margin for long. This analyze will be wrong if 34000 breaks.
Long
by daadras
2
Is Luna approaching a new rising wedge?Luna after her first run in September continued towards an uphill path forming a rising wedge which led to an expected negative breakout in mid-November , a fall that bounced back to .61 Fibonacci from the first run. Now we are facing a Luna that even after its second run does not hint at a retracement , continuing to have new Higher Highs , could we therefore find ourselves facing a new rising wedge? In the event that the chart continues inside a rising wedge, we can expect a negative breakout between January / February that should bring the price of Luna to the 0.61 Fibonacci area , therefore around $ 55. Excellent point for a strategic entry. What could we face if it breaks the current pattern?
LShort
by OxC0ffeBabe
1