GBPCAD is in the bearish directionHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today GBPCAD analysis 👆
🟢This Chart includes_ (GBPCAD market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Pivot Points
ElikoA wonderful ascending triangle pattern, which is distinguished by the fact that the stop loss is close to the expected entry price, which makes the risk weak.
-Target 1.9 to 2
-Stop loss confirmation of breaking the green line from the close two days below.
-Support 1.6 The
-pattern activates when level 1.7 is breached and closes above
AVAX vs BTC | ALTCOINS | Life Changing IF This Pattern Plays OutFractals have been used for years as possible suggestions to map how money moves in the financial market.
This is what gives them significance; they draw out a sort of map. The hard part about fractals though, is that they often appear cross markets and it is no easy feat to spot similarities on large scale. However, to the seasoned eye, fractal-spotting becomes easier over time.
There is a misconception that fractals can only be used in the same timeframe. This is simply because, as with Bitcoin, there is a large history of candles (data) that plays out in an elaborate pattern. Daily candlestick patterns become lost in weekly patterns, even though the general direction / macro is the same.
In the case for AVAX, a similar pattern has been observed in BTC before the COVID pandemic - and it has been playout out perfectly, so far.
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BINANCE:BTCUSDT
COINBASE:BTCUSD
BINANCE:AVAXUSDT
Will Trump win?🔍 Technical Analysis of STRUMP/USDT 📉
Key price levels marked in green 🟢 and red 🔴 show potential "Winner" and "Loser" zones:
1️⃣ Winner Zones (Resistance)
Break above 0.007312 could drive price higher 🚀
Stronger resistance at 0.010810 to confirm uptrend 🔼
Higher targets at 0.017108 and 0.025640 📈
2️⃣ Loser Zones (Support)
First support at 0.004441; a fall below signals potential downtrend 🚨
Further support at 0.003255 and 0.002162 🛑
📉 Channel & Trend Lines: Price is moving within a descending channel ➡️ Breakout from this could indicate a reversal 🔄
Trading Strategy:
📈 If price enters green zones and breaks resistances, consider buying positions.
📉 If price drops into red zones and fails to hold support, selling or avoiding buys might be wise.
EURUSD risky shortEURUSD is consolidating around 50% area near weekly high on the daily chart.
In the hourly chart we get a pivot off the SMC premium area and price has came back up but failed to break through the order block and has rejected it followed by a bearish candle.
Our indication is EURUSD will potentially fall to 1.0861
Due to high impact news we will just watch how it play instead of taking the trade.
Good Buying Opportunity into CEGThe news about today's huge drop doesn't seem warranted, given that CEG is not directly related to the Amazon-Talen deal. This provides a good buying opportunity for $NASDAQ:CEG.
With the rising demand for power driven by AI data center construction. CEG is one of the stocks that has been brought into the spotlight. They recently struck a deal of $NASDAQ:MSFT.
LTC/USD Testing Key Lows; Support Still FormingHello,
COINBASE:LTCUSD is on track to test its 1-month low at 63.19 and potentially the 3-month low at 55.18. Buyers are stepping in now, but in my opinion, it's a bit premature—a bit more time is needed to establish solid support.
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BCHUSD Nearing Key 1M Support LevelHello,
COINBASE:BCHUSD is approaching a critical support level within the 1-month structure. While there's a chance the weekly support level at 322.945 might hold, it’s more likely that the stronger 1-month support at 308.408 will have a greater impact. If this 1-month support doesn’t hold, we could see the price testing the 1-year pivot point.
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ETH/USD Targets 1Y Pivot as Support WeakensHello,
BITSTAMP:ETHUSD has settled below the 1-month pivot point, suggesting a potential move toward the 1-year pivot point unless the previous lows can provide support again.
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BTCUSD Bears Target Monthly PivotHello,
BITSTAMP:BTCUSD recently tested its previous high but has turned bearish, now testing the monthly pivot point (1M PP). If it breaks and holds below this level, we may see further downside as the entire monthly support structure could be tested. Many traders are entering buy positions at this point; however, confirmation that the 1M PP will hold as support is needed first.
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EURJPY Faces Key Support TestHello,
FX:EURJPY is approaching a key support test that will challenge the 1-month support structure. So far, the 1-day support has held strong. While a downside isn't guaranteed, it remains highly probable.
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ONE ONE ONE I'm oneching you!Just like AXS, An accumulation schematic is present in this asset! And the idea is technically the same as AXS where we take advantage of the accumulation schematic.
This asset is stronger as as I am writing this idea, we are approaching a level of interest on ONEBTC.
What's the idea?
We have made a suspected spring and we have went back into the range, locally we also are inside value range so why am I targetting an entry of 0.0105?
This setup aims to snipe the snipest of the low. On my last RUNE setup which catched the low before pumping 28% right up, it was just a weekly open/close along with a local VAL
The same idea is to be applied here. WE have a retest of acceptance into the the whole accumulation range's value and LOCALLY, we are in the midst of the value range but momentum is to the downside.
Logically, the highest probability of the pivot is the price of 0.01191. It is a monthly open/close. local POC.
But hey, if a wick goes to the downside 4% is an easy feat on the crypto
(0.01191 to 0.0105 is about 4%)
This idea aims to catch that falling knife.
so if I go quiet for a few months, know that my hands are still recovering from the wound.
AUDJPY: Bullish Outlook Above 1M PivotHello,
Over the past week, OANDA:AUDJPY has experienced some additional minor downside movement. However, as long as the price remains above the 1M pivot point, a bullish continuation is expected.
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