Binance Coin - We Will See The Bullish Breakout!Binance Coin ( CRYPTO:BNBUSD ) is hugging the previous all time high:
Click chart above to see the detailed analysis👆🏻
Binance Coin has been hugging the previous all time high resistance for a couple of months in a row. Therefore it is quite likely that a bullish breakout will happen soon and following the previous pattern entry, Binance Coin could even hit 5 digits during the next crypto bullrun.
Levels to watch: $620, 20.000
Keep your long term vision,
Philip (BasicTrading)
Rallybaserally
BASE / LIQUIDITY CONCEPTIn this analysis , here I'm looking for a potential buy today. Because here we have a BASE and market also sweep previous SSL liquidity. let's delve deeper into these levels and potential outcomes.
# EUR/CHF (1H) Timeframe Technical Analysis Expected Move.
This is only just my prediction and analysis.
🚀 Unveiling Trade Opportunities: FACT Fertilizers & ChemicalsWe're diving into the charts of FACT Fertilizers and Chemicals to uncover potential trade setups.
Current Situation 📊:
LTF Analysis: Currently, FACT is nestled in the 75-min demand zone, specifically the Rally 2 Base Rally (R2BR) zone.
ITF Overview: The Intermediate Time Frame (ITF) shows a clear uptrend. The price is comfortably trading at the daily EMA20
HTF Insights: Zooming out to the Higher Time Frame (HTF), the weekly chart indicates a strong uptrend, and there's a clear path upside with no resistance in sight.
Enter at the 75-min current demand zone, Risk-to-Reward Ratio: Aim for a lucrative 1:3.
🌟Thank you for your support! Your likes & comments. If you want to give any feedback then you can give in the comment section🌟
Trade with confidence, and let your profits run like a river. Embrace the journey!
Disclaimer 🚨:
This analysis is for educational purposes only. We aren't SEBI registered analysts. Trade responsibly.
Short EURUSD at 1.057361) There was an almost "strong bearish trend"!
2) A battle has been seen between bulls and bears at base candle.
3) "Sellers" clearly won the battle!
4) There might be a economical reason behind this move. Since we are chartists, we do not necessarily need to know why this move has happened!
5) According to long term back-tests, if the price reaches the base range, it is about 65% likely to react. However, due to unpredictable market fluctuations and possible trader inaccuracies, the Win Rate of this trading system in various instruments is between 45% and 55%. Regarding the great TP to SL, this strategy is really great at money-making.
6) I will not change the SL but TP may change according to the market situations, So follow this idea.
7) Don't forget about risk management and money management principles.
Best regards , Ali
Base patterns One of the most powerful zones for trade is the Base Patterns. which can be shown as - Rally Base Rally- Rally Base Drop- Drop Base Drop- Drop Base Rally. In fact, the base between two Sharp movements with good momentum. you can find a good base area and decide for trade long or short!
Good luck
eurjpy longprevious analysis shows eur/jpy approaching daily demand (green) and bounced off the demand as expected, price has stalled and consolidated at minor demand zone (yellow). This is due to the institutions taking profit at that level and have pending orders which will be filled in due time.
Minor demand created a rally base rally type move so I hoping to capture the move during the next rally.
NZD/USD 30min Fake Out on a Stop PushI'm looking to get long in a stop push. On the 30 min chart on the right looks it like some support showing up around .6740-6737. I'm anticipating a bunch of longs being pushed out around .6730 because that would the logical spot to have your stop. So looking to get long when everyone would be getting stopped out around .6729. I would have my stop just below that small Rally-Base-Rally zone at .6720 (yellow box) on the 5 min. I'm looking to close the trade around .6795. Good luck trading out there.