1- Market Overview: As it is clear from the screenshot above the market is moving upward where the price managed to break a series of highs month after month. The rally started in December 2021 and then a huge drop was left on March 22nd to the 1900 USD mark. From this zone, Gold failed to break the previous high around the 2000 USD mark and posted a lower high...
1- Market Overview: On the daily time frame, we can see that the USOIL is in a clear upward movement where a series of higher highs and lows has been posted. On the 3rd of March, the commodity rallied hugely and reached a high of 129.39 USD per barrel, the highest price since May 2011. Now, the price formed a triangle where it managed to break it to the upside...
📈 EUR/CAD | Potential Upward Movement 💡 Buy Limit Order @ 1.44668 🎯 Target Profit 1 @1.45138 🎯 Target Profit 2 @ 1.45610 🛑 Stop Loss 1.44198 ❌ Do not risk more than 1% of your account on each trade Analysis: The price succeeded to break the bearish trend line to the upside after the Wyckoff accumulation phase. A lower correction could be seen to the...
Analysis: BTC was in a clear upward movement where the trend started at the end of July. The market has posted a series of higher highs and lows where the buyers were controlling the market obviously. At the end of the trend, the price posted a double top or another word the market failed to break the previous all time high and this led to a reversal and a move...
📈 XLM/USDT (Futures) | Potential Upward Movement 💡 Buy Limit Order @ 0.33989 🎯 Target Profit 0.36537 🛑 Stop Loss 0.33149 ❌ Do not risk more than 1% of your account on each trade Description: The price is trading inside a descending flag pattern where a lower correction could be seen to the highlighted zone which is the area of confluence. This is area is...
📈 EUR/USD | Potential Upward Movement 💡 Buy Limit Order @ 1.13152 🎯 Target Profit 1.13860 🛑 Stop Loss 1.12909 ❌ Do not risk more than 1% of your account on each trade Description: The price succeeded to break the Wyckoff accumulation phase to the upside showing that the buyers are in control of the market. In addition, we can see that the market found...
📈 AUD/CHF | Potential Upward Movement 💡 Buy Market Order @ 0.67901 🎯 Target Profit 0.68329 🛑 Stop Loss 0.67681 ❌ Do not risk more than 1% of your account on each trade Description: The price found bulls around the 61.80% Fibonacci retracement level where it led to a breakout of the bullish flag formation to the upside. A lower correction could be posted...
📉 GBP/USD | Potential Downward Movement 💡 Sell Limit Order @ 1.34373 🎯 Target Profit 1.33556 🛑 Stop Loss 1.34779 ❌ Do not risk more than 1% of your account on each trade Description: The price found bears around the 50% Fibonacci retracement level where it could lead to a breakout of the bullish channel to the downside. A higher correction could be...
📈 NZD/CHF | Potential Upward Movement 💡 Buy Limit Order @ 0.64850 🎯 Target Profit 0.65386 🛑 Stop Loss 0.64650 ❌ Do not risk more than 1% of your account on each trade Description: The price managed to break the bearish channel to the upside after finding buyers which is obvious in the Wyckoff accumulation phase. This could lead to a reversal and a move to...
📈 NZD/CAD | Potential Upward Movement 💡 Buy Limit Order @ 0.88359 🎯 Target Profit 0.88820 🛑 Stop Loss 0.88128 ❌ Do not risk more than 1% of your account on each trade Description: The price found buyers around the 61.80 % Fibonacci retracement level after managing to break the bearish channel pattern. This shows that the buyers are taking control of the...
📈 BAL/USDT | Potential Upward Movement 💡 Buy Limit Order @ 26.647 🎯 Target Profit 27.988 🛑 Stop Loss 25.983 ❌ Do not risk more than 1% of your account on each trade Description: The price found buyers around the 78.60 % Fibonacci retracement level near the bottom of the bullish flag pattern. This shows that the retracement is done and it is time for the...
📈 FIL/USDT (Spot) | Potential Upward Movement 💡 Buy Limit Order @ 62.83 🎯 Target Profit 64.18 🛑 Stop Loss 62.16 ❌ Do not risk more than 1% of your account on each trade Description: The market is traded inside a bullish flag formation where it has a bias to break it this pattern to the upside. A lower correction could be seen toward the highlighted zone...
📈 EUR/CAD | Potential Upward Movement 💡 Buy Limit Order @ 1.43874 🎯 Target Profit 1.44400 🛑 Stop Loss 1.43613 ❌ Do not risk more than 1% of your account on each trade Description: The market succeeded to break the triangle to the upside showing that the buyers are in clear control of the market. A lower correction could be seen before a new impulsive wave...
📈 DOGE/USDTPERP | Potential Upward Movement 💡 Buy Limit Order @ 0.18097 🎯 Target Profit 0.19477 🛑 Stop Loss 0.17632 ❌ Do not risk more than 1% of your account on each trade Description: The price is bouncing inside a descending channel where it posted lower highs and lows. The coin managed to break this pattern to the upside where we expect a lower...
📈 EUR/USD | Potential Upward Movement 💡 Buy Limit Order @ 1.1848 🎯 Target Profit 1.1878 🛑 Stop Loss 1.1837 ❌ Do not risk more than 1% of your account on each trade Description: The price is being traded inside a bearish channel formation. It faced a strong support level (1.1801 USD) which led to a reversal. The market has moved higher obviously and traded...
📈 LIT/USDT | Potential Upward Movement 💡 Buy Limit Order @ 2.473 🎯 Target Profit 2.626 🛑 Stop Loss 2.411 ❌ Do not risk more than 1% of your account on each trade Description: The coin is traded inside a bullish flag formation. We noticed that the leg 2 of this pattern is about to coincide with the strong support which is located around the 2.482 USDT...
📈 SXP/USDT | Potential Upward Movement 💡 Buy Limit Order @ 2.1336 🎯 Target Profit 2.2170 🛑 Stop Loss 2.1016 ❌ Do not risk more than 1% of your account on each trade Description: The price succeeded to break the bullish flag formation to the upside after posting an engulfing bullish pattern on the strong support. The coin could post a correction count to...
A quick technical analysis on how most probably the bitcoin could move in the next coming weeks. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders...