⚡️DOGEUSDT CMC TRADING ⚡️ ACCUMULATION ZONEDOGEUSDT has formed an accumulation zone at the lower end, suggesting a potential bullish breakout at the resistance level, which could spark a significant rally. Additionally, there's confirmation of a trend breakout from the preceding bearish trend, further supporting the notion of an upward movement.
Traderchamp
⚡️GBPUSD CMC TRADING ⚡️ BREAKOUT AND REVERSAL ON SUPPORTGBPUSD has recently experienced a bearish breakout below a key support level, followed by a reversal that is currently retesting the broken support on the hourly timeframe. Anticipations lean towards another downward shift, potentially igniting another bearish trend to the downside.
⚡️EURCHF CMC TRADING ⚡️ BEARISH CHANNELEURCHF has formed a well-defined bearish channel, prompting us to await confirmation of a bullish breakout to signal a potential reversal. Given the recent identification of bullish sentiment, there is a belief that the price may initiate this breakout imminently, paving the way for a reversal pattern to follow suit.
⚡️CHFJPY CMC TRADING ⚡️ DISTRIBUTION ZONECHFJPY currently finds itself in a distribution zone, characterized by a sideways market condition. Notably, there was a recent false bearish breakout below support, signaling a strong upward move. Despite this, there remains an expectation for a bearish breakout on subsequent structure, as we anticipate a corrective leg following the recent bullish trend.
⚡️AUDNZD CMC TRADING ⚡️MAJOR DEMAND ZONEAUDNZD is currently positioned within a significant demand zone, where a burgeoning bullish sentiment indicates the potential for a bullish reversal, with the highlighted zone being regarded as a buy zone, particularly under the daily timeframe. Should the bullish sentiment persist and strengthen, it is conceivable that a robust bullish trend will emerge, driving prices upward and possibly retesting the upper boundary delineated by the channel.
⚡️AUDCHF CMC TRADING ⚡️ FALLING WEDGEAUDCHF has retraced to the upper boundary of the channel, coinciding with a significant key level established on the daily timeframe. Our anticipation revolves around a potential reversal towards the lower demand zone identified previously, prior to any potential rally. Should the bullish momentum persist, a breakout above may materialize. However, it's crucial to await confirmation of a breakout on both the channel and the key level before expecting an upward rally.
⚡️AAVEUSDT CMC TRADING ⚡️ FALLING WEDGEAAVEUSDT has experienced a notable bullish breakout, forming a falling wedge pattern under the 4-hour timeframe. This breakout was accompanied by the significant breach of a long-standing trend line, reinforcing the bullish sentiment. Additionally, within lower timeframes, an inverted head and shoulders pattern has emerged, further bolstering the case for a bullish outlook on this pair.
SAVE - Technical AnalysisNYSE:SAVE
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
🇱🇰 ASI NEXT PROJECTION WITH MARKET REACTIONASI has indeed shown a breakout and subsequent pullback within the bullish structure identified on the hourly timeframe. We are currently in a phase of anticipation, expecting the price to acknowledge the breached trend line as a support given the recent pullback formation. However, if the price fails to respond positively to the trend line as a support, we could witness a further decline. This decline has the potential to push the price of ASI back inside the established structure and even prompt a revisit towards the support level.
EURUSD in on the way finding breakoutAs my analysis for EURUSD, The price stuck on the weekly support which highlighted based on the chart. The Weekly trend still in bullish position but still find out the direction either down or more higher for long term position.
As the US want to keep their monetary policy, keep going fight the inflation, probably, USD will take an advantage to keep them strong. Whatever it is, i will looking for any breakout happen at the current price based on its support and resistance, accompany by the trendline waiting for break or not.
⚡️ AUDUSD SMC TRADING SETUP ⚡️ | 4 HourAUD/USD has acquired liquidity above the preceding Order Block and subsequently descended below this liquidity level following a Change of Character (ChoCh). In this context, we have pinpointed a point of interest marked by an exceptional level of Order Block (OB) and Fair Value Gap (FVG) alignment. The expectation is for the price to retest this OB, providing another favorable opportunity for a short entry.
⚡️ GBPUSD SMC TRADING SETUP ⚡️ | 4 HourGBP/USD has acquired liquidity above the preceding Order Block and subsequently descended below this liquidity level following a Change of Character (ChoCh). In this context, we have pinpointed a point of interest marked by an exceptional level of Order Block (OB) and Fair Value Gap (FVG) alignment. The expectation is for the price to retest this OB, providing another favorable opportunity for a short entry.
NZDCAD SHORT PROJECTIONNZD/CAD, following the identification of a Change of Character (ChoCh) within the major bullish order flow, has experienced a subsequent ChoCh to the upside accompanied by a Break of Structure (BoS). Currently, the strategy involves waiting for a downward ChoCh confirmation, which is anticipated to be fulfilled by the recently formed Fair Value Gap (FVG).
GBPUSD SHORT ENTRYGBP/USD has once again approached the Order Block after successfully filling the identified Fair Value Gap (FVG). Anticipating a sell-off in this scenario, we are focused on the Order Block. The expectation is that the price will retreat towards the identified swing low, which also coincides with a substantial Fair Value Gap (FVG) in the lower region.
CADCHF LONG ENTRYIn the context of CAD/CHF, the essential Fair Value Gap (FVG) has been filled following the identification of a Change of Character (ChoCh). The predetermined Order Block (OB) indicates a bullish sentiment, evident as the price revisited and showed strength around the highlighted levels. Expectations are for the price to persist in its rally toward the next formed swing high, thereby completing the external structural order flow.
AUDNZD LONG PROJECTIONAUD/NZD has recently validated a ChoCh (Change of Character) within the bearish order flow, particularly on the 4-hour timeframe. In this scenario, there was an observable Fair Value Gap (FVG) alongside a crucial Order Block (OB). Currently, the strategy involves awaiting a price movement to purge liquidity in the vicinity of the identified Order Block before the anticipated rally.
EURCHF LONG ENTRYEUR/CHF has recently confirmed a ChoCh (Change of Character) on the major order flow, accompanied by multiple Breaks of Structure (BoS) indicating a reversal. The price has retraced back towards the most recent Order Block (OB), where we observe demand and bullish sentiment in close proximity to the highlighted zone.
BTCUSDT SHORT PROJECTIONBitcoin experienced a recent decline that negated the previous price surge. During this downturn, a technical analysis on lower timeframes revealed the formation of a double top pattern. Further analysis identified a significant structure characterized by an expanding channel within the hourly timeframe. The current scenario suggests a probable retest of the lower boundary, echoing the dynamics of the recent sell-off.
RLC SHORT ENTRYRLC has experienced a breakout trend under the hourly timeframe amidst the recent crypto sell-off. Anticipating a continued decline due to increased selling pressure, especially with the confirmed breakout identified on the 4-hour timeframe. We foresee the price testing the most recent swing lows established during the previous bull run.
BRWN LONG PROJECTIONBRWN has pinpointed a significant support level on the daily timeframe, coinciding with the formation of a descending triangle. Should the price successfully validate a bullish breakout in line with our analysis, a promising upward rally appears imminent. Anticipating a substantial bullish momentum, with the potential to reach levels close to the most recent swing high post-confirmation.