The US100 index has got a nice bullish rally since 10690 and is now on the top of 12899, we have seen seller pressure which limited the bullish rally. The recent bullish trend has played perfectly inside a channel that is now confirming a bearish breakout. Here it is expected to do a retracement back toward the key level formed close to 11600. The 61.8% of...
The trend line has already been breached and now we can expect the price of oil to follow a new low while the recent bullish trend formed already retraced more than 61% on the fib. On the daily timeframe, we are following a major bearish trend for a few months now which already retraced and almost wiped off the gains that happened last year. Thanks for visiting...
EURJPY was consolidating for some time inside the highlighted distribution zone. Here now we have a bearish breakout confirmation on the support and are expected to continue the bearish momentum as projected on the chart. Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the thumbs up and follow me...
DOGE has started to do a recovery and here we can clearly identify a breakout confirmation on the key level. With the breakout and pullback formed on the daily timeframe, the price has a higher chance of reaching the next resistance formed. The previous day's candle closing is respecting the key level as a support with a nice long wick to the downside. The hourly...
AUDUSD has completed its most awaited hourly trend breakout and here we have a key level that is acting as a support for the Aussie pair. If we can also confirm another bearish breakout on the following highlighted key level then we can expect the price to retrace back close to 50% on the Fibonacci retracement. Thanks for visiting my tradingview profile. Hope...
SHIB is an important structure. The price is playing inside a nice parallel channel where the current market price holds the upper boundary and the resistance is formed on the daily timeframe. If the price can do a bullish breakout here, then we may see a nice rally to the upside which can push the prices by 30%-40%. But the prices and the bullish closings of...
DOGE showing bearish sentiment on the highlighted key level with a triple tops structure. Here we have a chance of seeing a break above the key level or a bearish breakout on the trendline with respect to the bearish sentiment. The hourly timeframe shows a price action that created an expanding channel which can possibly show a bearish breakout. Any chance of a...
Bitcoin is remaining very strong on the bullish market sentiment and following some important setups which are promising for another hit above $25k. Here overall we know that BTC created a double-bottom formation with nice bullish sentiment in play. On the hourly timeframe, we can clearly identify a couple of bullish flags and the first one has already confirmed a...
Nas100 is following a growing channel where we have seen some nice bullish impulses forming to the upside. The price has reached the resistance area and here we have seen a slowdown in the pace of bullish sentiment while lower timeframes are following neutral and bearish momentum right now. Here with the 5th impulse, we are expecting a bearish trend to form...
The following rising wedge pattern confirmed a breakout on its lower boundary. Here we are expecting a decline toward the $1900 area with the bearish breakout confirmation received. It's another 1.5% decline projected on the hourly timeframe. On gold, we have seen that close to the 1935-1945 range holding a massive sell-off pressure which fails the bullish...
DXY is back on important support where we have seen some slowdown in the sell-off pressure formed recently over the Dollar index. Here I am expecting a decent pullback if the price respects the historical price action following the support formed close to the current market price. If the reversal happens as expected we may see a nice bounce back toward...
AMZN did a bullish breakout on the upper boundary where we have a chance of seeing a rally ahead back toward the target close to 120+ on the chart. If the price can follow up the bullish sentiment in the future we can expect a decent recovery from the following expanding channel identified. Thanks for visiting my tradingview profile. Hope the chart update helps...
Gold is following a consolidation under a lower timeframe. Here we are expecting a breakout to happen on the sketched distribution or flag. If the price can confirm a bearish breakout on both the flag and trendline we can expect a nice decline in prices for GOLD. If the gold manages to go for a bullish breakout on the flag formed, the setup will get invalidated....
EURNZD follows a bearish trend and with the recent pullback, we can expect the price to show a respected price action which can do a reversal to continue the trend toward the support highlighted. Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the thumbs up and follow me for future updates....
EURCAD is following a bullish trend and holding above the resistance formed. If the bull flag does the required bullish confirmation there we can expect the trend to continue its way upside. Any chance of a bearish breakout on the trend line will decline the prices to the lows close to 1.441 Thanks for visiting my tradingview profile. Hope the chart update helps...
CHFJPY is following an hourly timeframe where we may see a trend breakout to revisit the low 137.5. The confirmation is needed prior to the entry and if the price starts to rally above the key level at 141.8 the following setup may get invalidated. Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the...
AUDCAD formed a breakout on the following rising wedge sketched on the chart. After the breakout we have seen that the price has managed to create a bearish flag where the market price did another breakout on the flag's lower boundary. Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the thumbs up and...
Gold will continue to rally to the all-time high where we have seen above $2000 with the recent bullish breakout on the daily resistance formed at 1915-1920 range. Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the thumbs up and follow me for future updates. 🙌🏻😎 📌For more details regarding this...