AUDCHF has successfully broken out of the range zone and formed a double top at the resistance level. On the daily timeframe, the market is clearly in a bearish trend, having retraced around 50%. The price is now heading toward the support level and could continue lower, potentially breaking through the upward channel on the 1H timeframe. A further decline is...
$23k is the reversal point. If we break through it, the bullish trend will be confirmed imo.
on DAILY: NZDUSD is sitting around our upper brown rejection trendline and supply zone in green so we will be looking for objective sell setups on lower timeframes. on H1: NZDUSD is forming a channel in red but it is not valid yet so we are waiting for a third swing to form around our lower red trendline to consider it valid and enter sell on its break...
Just an idea. Resistance + Overbought + Rejection
the pair is approaching a resistance area in daily chart, previously the price has tested a descending trendline and I think bearish pressure is still high, nzdjpy will come back on the VWMA around the first support, then if that zone will be broken the target area is around 66 as highlighted in the chart. The stop loss is very tight, the risk reward ratio is...
The Price is approaching it's resistance area. The Price should going down for some pips, so that we create a special trap: BUY LIMIT AREA SL at 71.480 and TP at 73.220. Then Mr Price should be arrived at SELL AREA, we create a trap again, SELL LIMIT AREA SL at 74.060, and TP at 71.480 Have a safe trade, bro..! Salam, Negeri di Atas Awan
ADBE gapped over a short-term high resistance area and moved up on a velocity run. This is a new all-time high for ADBE.
Bitcoin is in strong daily channel up. I made this Elliot wave count on recent waves. We're seeing these bullish triangles and keep making new highs on 4h. Although we are struggling to make larger moves to the upside. I see final push higher to 4143-4159$ region if we can hold 4060-70 on 4h. Failure of climbing higher than 4190$ and closing above would cause...