Resistance_level
AUDUSDAUDUSD has made a fakeout above the resistance zone but soon it turned back bouncing from the bearish trendline pointed out by the red arrow in circle.
So, I am fan of the idea that it will retrace approximately to 0.5 Fibonacci level of the recently uptrend and give a good buy opportunity.
Otherwise, in case of a visit to the the resitance area there is the possibility to breakout this time - retest and continue higher.
Bearish if it breaks with strong bearish candle the 0.618 Fib area but with limited power.
GL!
BNB / USDT 1D INTERVAL, Support and ResistanceI invite you to the BNB chart, just like its predecessors, on a 1-day interval. As we can see, the BNB price is moving in a triangle marked with blue lines.
At the beginning, it is worth checking what support BNB has on its way when the price of the token starts to fall again and so we see that in the first place we have a strong resistance zone that starts at $ 276 and ends around $ 261, this is an important zone that already previously held the price.
Now let's move on to the resistance line, as you can see the first resistance that the price has to face is $293, only when we manage to overcome it upwards we can move towards the next resistances at $313, the next at $329 and $346.
Let's now pay attention to the CHOP index, where you can see that the energy is growing very slowly, while the MACD indicator on the one-day interval indicates a downward trend.
eur/jpy is involved in the support area of the daily time frame We have two scenarios ahead
Weakness on the rise and fall to the next support level
Weakness in the fall and failure to break the support level and rise to the next resistance
To move in the direction of each of these scenarios, we must be patient until the daily candle closes
Because this support is the daily time frame support
In your opinion, which scenario is more likely to happen?
In your opinion, which scenario is more likely to happen?
In your opinion, which scenario is more likely to happen?
XAUUSD..Daily bearish view. Gold is facing strong 4h resistance level , strong reversal level,which may plays role for pullback and if it will be broken the trend will go up for the next supply zone .
the supply zone is perfect level for short trade with good R/R ratio.use smaller time frames for confirmation...be safe...
BRK.B: Resistance cluster ahead!Berkshire Hathaway B
Intraday - We look to Sell at 311.03 (stop at 321.83)
Sentiment remains negative despite the pull-back higher in prices. Resistance is located at 311.00 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies.
Our profit targets will be 283.95 and 270.00
Resistance: 311.00 / 340.00 / 360.00
Support: 280.00 / 260.00 / 240.00
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Gold approaching supply zoneXAUUSD broke to the upside after the CPI news release and currently trading at $1740. Next important area to test is $1750 supply zone, which if broken, would open the path to $1780 - $1800. We expect Gold to test $1744 -$1750 zone and drop from there. The expected pullback should be $1730 - $1720. Please support our work with like and comment, thank you.
XAUUSD trading block short So the indicator created, which is in Beta, essentially detects trading blocks that act as areas of buying or selling with considerable amounts of accumulated volume.
Overall trend is short but because of the bullish block a may be a little more cautious before trading. A+ setups only
ETH Reach important resistanceHello friends.
after 1 week Rally , Etherum Reach its important resistance level , Near 1700.
i see a reaction to Trendline , pink line i drawn on the chart.
also MA200 is here too...
so i think ETH will fall to at least 1450 , where there are 1450 support level
and 50% fibonacci retracement level.
if the situation is permanent , Price will bounce from this level approch 1700 again.
hope have good investments and trades.
dont forget to have a Stoploss and control your risks.
GOOD LUCK.
BTC Scalping AnalysisHello guys.
i think i saw a good bullish divergence in RSI and price in 4H time frame.
What do you think about that?
is this a pullback to 20000 level??
Share me your opinion
thanks
Gold Pullback potentialHi friends.
Unfortunately we have bad times in iran and im so sorry about that.
i couldnt post any analysis for 2 weeks and i hope you accept my excuse.
God bless all IRANs people.
As you can see i think we have a strong Resistance level approch.
and also a valid trend line.
this Resistance level overlap with trend line and after going up to around 1680
the price will react and make a pullback.
wait for price to pullback compeletely and after you receive confirmation
(mostly bearish candlestick patterns) , you can go SHORT.
and in addition we saw the 55MA crosses 100MA and 100MA crosses 200MA
and this is a death cross.
thank you all.
PRAY FOR US WE HAVE VERY VERY BAD TIMES IN IRAN.