Rectangle
EURCAD Wave Analysis 19 November 2024
- EURCAD reversed from resistance level 1.4885
- Likely to fall to support level 1.4750
EURCAD currency pair recently reversed down from the resistance level 1.4885 (which is the lower border of the wide sideways price range inside which the pair has been trading from July, acting as the resistance after it was broken earlier).
The downward reversal from the resistance level 1.4885 stopped the previous intermediate ABC correction (2) from the end of last week.
Given the strongly bearish euro sentiment seen today, EURCAD currency pair can be expected to fall to the next support level 1.4750.
BITCOIN : RECTANGLE BREAKOUT pattern - BULLISH
TECHNICAL INDICATORS -
RECTANGLE BREAKOUT PATTERN :
bitcoin has broken out of a long rectangle pattern (price has stayed within the rectangle since 17th nov and tested it for 10 times) today with a large green candlestick (strong confirmation) indicating upward momentum
PROFIT TARGET :
98334.37
NioCorp Developments Ltd. | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# NioCorp Developments Ltd.
- Rectangle | Hypothesis Entry Bias
- Double Bottom | Secondary Range Entry
- Pennant Structure | Invalid Target
- Retracement 1&2
- Awaiting Target | Rectangle Hypothesis
Active Sessions on Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Neutral
EURJPY: Bearish Move From Resistance 🇪🇺🇯🇵
EURJPY looks bearish after a test of a strong horizontal resistance.
First, the pair started to consolidate within a range.
Then, its support was broken with a high momentum bearish candle.
With a high probability, the price will drop lower now.
Goal - 164.26
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Eur/Usd Eur/Usd
Weekly Time Frame
✔ triple bottom
✔ long time SUPPORT on W_TF
✔ bearish rectangle
Will it go for the third high in the rectangle 🤔
Let's see
672pips 😋
USDCAD, Breakout Of Bullish RectangleBreakout Of Weekly Rectangle
Towards new high Formation
1.Buy @ CMP
2. Buy @ 38% Retracement
SL below Weekly Resistance
Ride the trend Exit at Break of HL
GBPUSDWe can attempt to short GBPUSD from specified level as it make bearish rectangle pattern , also there is no bullish divergence indicate that it moves downward.
SL , TP mention in chart.
GBPCAD: Bearish Move From Trend Line 🇬🇧🇨🇦
GBPCAD may drop from a solid falling trend line on a 4H.
After its test, the pair started to consolidate.
A strong bearish imbalance candle violated its support,
giving a strong bearish confirmation.
With a high probability, the price will reach at least 0.793
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WOOUSDT: Strong Bullish Breakout Signals Next Big Move!BINANCE:WOOUSDT has shown a strong bullish setup after a successful breakout from a falling wedge pattern, followed by an extended period of consolidation. This consolidation phase allowed the price to stabilize and gather momentum. Now BINANCE:WOOUSDT broke out of its consolidation box, indicating the start of a potential upward trend towards new highs. With strong volume supporting this breakout, the chart signals a bullish continuation. Traders should watch for key resistance levels and monitor volume to confirm momentum. GETTEX:WOO is showing strong potential as it heads toward higher levels—stay tuned for more movement!”
BYBIT:WOOUSDT Currently trading at $0.225
Buy level: Above $0.22
Stop loss: Below $0.178
TP1: $0.26
TP2: $0.35
TP3: $0.5
TP4: $0.65
Max Leverage 3x
Always keep Stop loss
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NASDAQ INDEX (US100) Classic Trend-Following
Bullish rally on US100 continues.
The market closed, updating the all time high.
To catch a bullish trend continuation next week,
pay attention to a horizontal range on a 4H.
Bullish breakout of its upper boundary - a 4h candle close above that
will give you a strong bullish confirmation.
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CHFJPY: Bearish Breakout VerifiedA bearish reversal has emerged on the CHFJPY chart.
After a period of consolidation, a notable double-top pattern formed on the 4-hour chart.
The neckline of this pattern was breached yesterday, confirming a breakout of the support range, which the market is now retesting.
The pair is expected to continue its decline toward the 174.02 support level.
CHFJPY: Confirmed Bearish BreakoutA bearish reversal has been identified on the CHFJPY chart.
Following a period of consolidation, a significant double top pattern was formed on the 4-hour chart.
The neckline of this pattern was violated yesterday, and there is now a confirmed breakout of the support range being retested by the market.
It is likely that the pair will continue to decline towards the 174.02 support level.
Bullish breakout - Swing tradeSuyog Telematics Ltd has formed a strong triple bottom breakout pattern, accompanied by a significant surge in volume. This setup signals a potential bullish trend with high conviction from buyers.
NASDSAQ INDEX (US100): Bullish Confirmation After Breakout
US100 Index updated the all-time high, violating a solid daily horizontal resistance.
After a breakout, the market retested the broken structure and started to consolidate
on an hourly time frame.
A violation of the upper boundary of the range is a strong intraday bullish continuation.
It indicates that with a high probability, the price will go up.
Next goal - 20920
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SILVER (XAGUSD): Important Decision AheadThe increase in SILVER price has halted after reaching a significant weekly resistance level.
On a 4-hour timeframe, there is a narrow horizontal range forming along with a rising channel, with the market already breaking the support line of the channel.
The last obstacle for sellers is the support within the horizontal range at 32.42 - 32.23 on the 4-hour chart. A break and close below this level would indicate a strong bearish signal.
There is a possibility of a retracement from this pattern, potentially reaching down to 31.44.
However, if the price breaks above the resistance of the range, we may consider looking for long positions.
USDCAD: Classic Bearish Reversal SetupObserve the recent price action of 📉USDCAD.
After testing a major horizontal resistance, the price began consolidating within a narrow range. It subsequently bounced and broke below both the support line of an ascending parallel channel and the horizontal range support.
This breakdown suggests a potential further decline. Key target levels to watch are 1.3874 and 1.3858.
SILVER (XAGUSD): High Chance to Go Up
Silver broke and closed above a resistance line
of a narrow horizontal range on an hourly.
The price may now continue going up, at least to 32.81 level.
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USDCAD: Classic Bearish ReversalTake a look at the price movement of 📉USDCAD.
Following a test of a significant horizontal resistance level, the price began to consolidate in a tight range.
It then rebounded and broke through both a support line of an upward parallel channel and a horizontal range support.
This suggests that the pair may continue to decline. Target levels to watch for are 1.3874 and 1.3858.
GBPUSD: Bearish Trend Continues 🇬🇧🇺🇸
I think that GBPUSD may continue falling next week.
The price set a new lower low lower close on a daily,
violating a support line of a horizontal range.
Next support - 1.281
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Long on Us30 Im looking for a long on US30
This is for the new york open not the cpi news
the reason for my analysis is that we have broken out of a bullish rang
IMAGE, Bullish RectangleBullish Rectangle
Inverted Bat Formation
Reversal from Rectangle Top at PRZ of Bat
Now making new bullish leg
Buy at Retracement
Buy Level 13-14
Target 17-17.50
SL 12.50
Buy on Bullish Closing above Rectangle
