Bearish trend continuation on AUD/USD 2H chart, with price rejecting the Kijun-Sen and remaining below the Ichimoku cloud, confirming downside momentum. Entry near 0.635, stop at 0.638, and target at 0.633, aligning with the prevailing bearish trend. Chikou Span below price action adds further confirmation of bearish sentiment.
Bullish breakout above the Ichimoku cloud with Tenkan-Sen/Kijun-Sen bullish crossover and Chikou Span above price action. Entry near 0.568, stop at 0.565, and target at 0.572, leveraging cloud support for trend continuation.
EUR/CAD 1H chart shows a potential short setup, targeting a bearish continuation. Entry is near 1.48627-1.48876, aligned with the 50% Fibonacci retracement and resistance from the Ichimoku cloud. A stop loss is placed above the 61.8% level at 1.49124, while take profit targets the previous low at 1.48183, offering a favorable 1:2 RRR. Bearish momentum is supported...
Bullish breakout above the Ichimoku cloud with Tenkan-Sen/Kijun-Sen alignment and strong Chikou Span support. Entry at 107.580, stop at 107.014, and target at 108.209, aiming for a continuation of bullish momentum.
Bearish setup on AUD/CHF 2H chart: Price rejects the Ichimoku cloud and Tenkan-Sen resistance, confirming a short entry. Targeting 0.5563 with a stop-loss above the cloud at 0.5636 for a favorable risk-to-reward ratio.
This AUD/JPY 2H chart shows a bullish reversal confirmed by a Kumo breakout and a Tenkan-Sen/Kijun-Sen crossover, supported by a bullish Chikou Span. Entry is set at 97.305, with a stop at 96.655 and take profit at 98.713, offering a 1:2 RRR. Closely watching for a break above the recent high at 97.686 to confirm continued bullish momentum.
The price has broken below the Ichimoku cloud following a period of consolidation, signaling a confirmed downside move. Currently, it is trading near the retest levels of the Tenkan-sen, Kijun-sen, and the cloud. A short position will be initiated during the Tenkan-sen and Kijun-sen crossover, or after a successful retest.The trade is structured with a minimum...
The DXY (US Dollar Index) 4-hour chart presents a mix of technical and fundamental insights: Technical Analysis: Price Pattern: The chart suggests a breakout from a descending wedge, a potential bullish reversal pattern. However, broader bearish signals loom, as noted by a potential head-and-shoulders neckline that, if breached, could trigger intensified...
Price breaks below the Ichimoku cloud, confirming a bearish trend. Short entry aligns with a retest of resistance at the Tenkan-Sen. Targeting 0.9255 with a stop-loss above the cloud at 0.9290 for a clean risk-to-reward setup.
My $BTC Trade Plan via Butterfly Harmonics bearish pattern (4H TF). Confirmed point B precise retracement to Fib 0.786 (Fib ret XA). Short $BTC to 19K-18.5K. Long, at the bounce within Fib 0.618-0.786 (Leg C), to Fib 1.272 (Fib ext AX). Once Leg D is formed, short $BTC from that point again. Invalid if current price moves above point B. Butterfly Pattern invalid...
Inverse Cup and Handle pattern formed. Valid If the neckline breaks.
These two yellow zones are pretty much holding the hopes of the bulls. Losing either of this zone and we're seeing 26K-27K (or probably lower to grab liquidity. We might approach 20K soon.
Shorted BTC since 31.4K after 3 rejections at 31.8K - 32K zone (which seems to form H&S pattern in LTF, also identified divergence in 4H TF) Took a bit of profit and adjusted SL to breakeven and holding the rest if it drops down to 26K (or lower?). A clear drop from fib 0.5; may possibly retrace to Fib (ext) 0.382 and hopefully can generate bullish momentum from...
BTC might possibly retest the trendline after the Double top as reaction to the 30K resistance
BINANCE:AVAXUSDT AVAX USDT for longterm spot wallet holding Riskier entry at Leg C, safer entry upon break of the trendline
BTC looking to break above a key level (Red Zone). Currently forming a Bullish Pennant. Can possibly approach and test 50K Level.