Bitcoin ( CRYPTOCAP:BTC ) has shown strength with bullish momentum in recent days, but the ultimate challenge is overcoming the significant 31k support/resistance level. - A successful breach of this barrier could pave the way for CRYPTOCAP:BTC to reach the 38-40k range by mid-December. - However, if Bitcoin fails to surpass 31k, there's a potential for a...
We closed the day with heavy volume and also below the two most important things (50 EMA on daily and Anchored VWAP) If we don't close above these two things tomorrow, then there is lot of downside to come. The problem is this is a very strong seasonal period. so there will be a lot of chop. Tomorrow FED CHAIR POWEL is going to speak so we will have to see how...
Above 360 level must be sustain this above level them only give big move from this level Volume in chart decent so must be sustain above 360 level No recommendation for buy and sell
Hello all, As you can see here on the 15-minute chart we are in a channel. I drew these lines and supply zones on the hourly chart. I am looking for a bullish breakout and retest of resistance with a high volume bounce off with good volume on the Hiekin Ashi candlestick chart. I am looking long because the market seems to go where the liquidity is. Thank you for...
WLDUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 0.38% Fib retracement level. If the sell momentum continues the next target could be 1.40 followed by 1.30 region. What you guys think of this idea
Risky trade but a possibility of big returns between 20 to 100% possible in CAMEX Ltd Technical Analysis: There are multiple resistance but they have been tested multiple times and now a breakout from flag pattern could give higher returns CMP: 30.38 Targets and Stop loss on the graph itself. Monthly chart also looks strong considering it has been in a range...
Hello traders, lets take a look at copper which testing an important resistance area and see what can possibly happen and what are the consequences of possible bearish move in other markets like us equities. first lets talk technical, price overall bearish Daily move in copper formed a standard #head_and_shoulder pattern in form of consolidation in downtrend move...
Is GBPJPY exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 181.5 followed by 179.5. What you guys think of it
USDJPY was trading in rising wedge pattern till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the inclining trendline of the wedge. Now the price is retesting the broken trendline and broken support level. it seems like the sellers can attack again this bearish confluence. If the sellers takes charge...
👋 Full-time trader here. Posting out here free Forex analyses for you. Welcome to like, follow, & share. Thanks for your continued support. 👍 Scenario 1: Bullish Breakout Trendline-bounce plays can be dangerous if you're new to trading. It's always good to wait for confirmation. In this case, an ideal scenario would be to bounce off the TL's third touch...
AUDCAD is down on a daily chart. It has strong resistance at 0.8740 to 0.8770. There is H1 divergence. Found a small pattern to sell on M5. Stop above the resistance. Target is to 0.8625
NAS100 is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 0.38% Fib retracement level. If the sell momentum continues the next target could be 14400 followed by 14000 region. What you guys think of this idea
Is USDCHF exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.9160 followed by 0.9094. What you guys think of it
Shell... big resistance level. we are at a major resistance level. Are we going to break this?
If you remember we already took one successful short trade from the previous red arrow and although we were expecting price to move further down and create new low for higher timeframe this didn't happen. As a result price went up and giving us another selling opportunity. As you can see in the picture price is at important static resistance area and just below...
CADCHF is been on enormous bullish trend and reached at Daily resistance area. This is the area which sellers might be looking for to relief a bit. Will the sellers attack this confluence?
Is AUDCHF exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.5760 followed by 0.5700. What you guys think of it
very well and clean bearish market structure in 4H time frame, price forming lower lows and lower highs and right now price seems like to forming another LH. Price currently testing short term bullish corrective upper channel line which act as a resistance for the price. moreover, price is at static resistance area which add to our bearish confluences. Should be...