USDCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Trend Lines
GBPJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
USDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
NZDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
AUDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBPUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
EURUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
USOIL Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Bitcoin Analysis==>>DUMP==>>Filling GapsBitcoin ( BINANCE:BTCUSDT ) is currently moving in the Support zone ($70,100-$68,420) and near the Support line .
According to Elliott's wave theory , Bitcoin was able to complete main wave 4 ( although with a little irregular movement ).
I expect Bitcoin will break the Support line soon , and the main wave 5 can be finished in one of the Potential Reversal Zones(PRZs) and filling the CME Gaps one by one .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NASDAQ /Key Levels: Bullish Above 20,330, Bearish Below 20,125Price at Crossroads: Bullish Break Above 20,330 or Bearish Drop Below 20,125?
Technically analyze:
The price has dropped precisely as anticipated. It is now expected to reach 20,125, with a break below this level likely extending the decline toward 19,990.
Bearish Scenario: While trading below 20,240, the price may attempt to reach 20,125. A break below 20,125 would pave the way for further declines toward 19,990 and 19,870.
Bullish Scenario: Stabilization above 20,330 would open the path to 20,420. Further strength above this level could create a bullish zone targeting 20,550 and 20,700.
Key Levels:
Pivot Point: 20240
Resistance Levels: 20330, 20420, 20550
Support Levels: 20125, 19990, 19860
Trend:
- Bullish above 20330
- Bearish below 20240
BICO expectation (1D 1H)
In my previous post about BICOUSDT, I've watched the market for the entry opportunity but unfortunately it slipped. Click above to check.
The price is now below the resistance line of the weekly downtrend again, but is refusing to continue the downtrend - normally when the breakout fails, price drops without hesitation.
Look at what happened in July, for example, we see price being immediately pulled back after touching the resistance line.
It did show some price action around 0.2978 after the touch, but eventually continued with the downtrend.
So what's the difference between then and now?
There are several differences, first one being the breakout. Previous touches did not break through the resistance line - price reversed as soon as they touched it. This time, however, the price managed to breakout and stayed above the line for a while. This is significant because the price finally managed to breathe fresh air after several failed attempts.
The second difference is consolidation after the breakout.
We already see two respectful bounces after the pullback. I say 'respectful' because the bullish reversal is very strong. As soon as the price touches the level, it almost immediately bounces back up with strong momentum.
The third difference is the most important: volume.
Have a look at the volume here. Previous highs do not have any significant volume spikes.
By my calculation, average daily volume was around 4 - 5 million USDT during the downtrend.
Last 5 days had volume of 420+ million USDT in total. This is a significant spike we cannot overlook. Volume does not lie.
Let's look at July 17th when the breakout happened. We see the initial breakout, pullback, second breakout and an uptrend.
These two points would be where we would've entered.
First entry is where we confirm the breakout and the break of structure,
second is where we confirm the reversal of trend after touching the resistance line.
The uptrend unfortunately stopped and reversed in 0.3643.
Similarly, if we see a break of structure where the green arrow points at, this will be our first entry for LONG.
Even better entry would be here where the price pulls back to the BoS level and shows reversal.
Where would we set our TP and SL?
For TP, there are five different levels we can expect a resistance.
I would sell most of my position by 0.3643. I will leave some to possibly sell at 0.4.
If the price fails to reach 0.4, I will exit then.
SL would be where the price pulls back to the resistance line.
However, if we confirm a reversal there, we might shoot for a new entry.
If not, new opportunity will knock at our door for SHORT!
$KAS broke major support and could face a significant drop!CRYPTO:KASUSD has been experiencing steady declines after failing to sustain higher levels over the past few months. It recently broke a critical major support trendline, signaling the potential for further downside.
This breakdown occurred after several attempts to push higher were rejected, especially around the $0.20 range, which had acted as strong resistance in the past.
The break below the trendline, which has held strong for months, signals that selling pressure is intensifying.
We're now closely watching how it reacts within the Supply Zone around $0.1251 - $0.1291. A rejection from here could accelerate the move downward.
Key Levels to Watch:
Short Entry Idea 1: Rejection from $0.1291
Short Entry Idea 2: Rejection from 4H SIBI at $0.1257
TP1: $0.1183
TP2: $0.1079
TP3: $0.0915
Expect further downside if CRYPTOCAP:KAS fails to reclaim these levels soon, as we could see it test Major Demand Zones below.
------------
Disclaimer:
This analysis is for educational and informational purposes only. It is not financial advice, and you should not take it as such. Always conduct your own research and due diligence before making any trading decisions. Markets are highly volatile, and following any chart blindly can lead to significant losses. Trade responsibly and use risk management strategies.
CADJPY: Strong Selling Pressure EvidentA bearish breakout has occurred in CADJPY, with the price breaking below both an upward trendline and a horizontal demand zone.
Following a retest of the broken trendline, a strong rejection suggests potential for further downside movement.
The next key support level to monitor is 108.83.
$FTM FANTOM broke the downtrend and preparing for an uptrend!BINANCE:FTMUSDT has recently broken through its Major Resistance Trendline and successfully consolidated above this level, signaling a potential trend reversal and the beginning of a displacement towards buy-side liquidity sitting just above the current structure.
We’ve observed a clean breakout from the downtrend, which now positions FTM in a bullish scenario. The price action is likely to experience a short pullback into the 4H Breakaway Gap (as shown on the chart), where we can expect further accumulation before a continuation towards higher liquidity zones.
Suggested Entries and Targets:
Entry: On the pullback to the 4H Breakaway Gap around $0.71 - $0.72
TP1: $0.85 - The first target aligns with the next structural resistance.
TP2: $0.95 - A move toward this level would target liquidity resting near psychological resistance levels.
SL: Below $0.68, under the breakaway gap, to avoid exposure to potential downside volatility.
Given the bullish momentum and structure development, we are preparing for further upside movement. As always, smart and safe trades with proper risk management are key.
Please feel free to share your thoughts and ideas in the comments. Always stick to your strategy and follow updates closely.
CADJPY: Clear Strength of the SellersWe observed a bearish breakout on CADJPY, with the price breaking through both an upward trend line and a horizontal demand area.
After retesting the broken trend line, there was a strong rejection, indicating potential for further downward movement.
The next support level to watch for is at 108.83.