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Dee9549

This is a technical analysis chart for the NZD/USD currency pair on a 30-minute timeframe. Here's a breakdown of what is happening: Descending Channel: The price has been moving within a downward-sloping channel, indicated by the two blue trendlines. These trendlines show lower highs and lower lows, suggesting a short-term bearish trend. Breakout Potential: The...

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This chart represents the USD/CHF currency pair on a 1-hour timeframe, likely focused on a technical analysis setup. Key Elements in the Chart: 1. Downtrend Channel - The pair has been moving within a downward sloping channel, marked by the two parallel blue lines. - The price consistently formed lower highs and lower lows within the channel, signaling a...

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This chart depicts an analysis of the EUR/USD currency pair on the hourly timeframe. Here's a breakdown of the key elements of the analysis: 1. Ascending Channel - The price action is confined within a clearly defined upward-sloping channel, represented by two parallel blue trendlines. - The lower trendline acts as support, while the upper trendline acts...

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Key Features of the Analysis: 1. Trendline (Blue Line): The upward-sloping blue trendline shows that the market is in an ascending trend. Price has respected this trendline multiple times, indicating strong support. 2. Resistance Zone (Red Rectangle): The red zone (193.481–198.705) marks a significant resistance area where the price has previously struggled to...

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Key Elements in the Analysis: Support and Resistance Levels (Blue Lines): These horizontal lines mark important price levels where the market has historically reversed or consolidated. Key Resistance: 1.05267 and 1.05208 are likely resistance levels where price has previously struggled to break above. Key Support: 1.03465, 1.02636, and 1.01843 serve as...

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Key Features Support and Resistance Levels: Support: The first support level is marked around 0.0124 (middle blue line). A deeper support level is identified at 0.0052 (bottom blue line), which represents a historical low area. Resistance: The key resistance level is around 0.0265 (top blue line), where the price previously faced rejection. Current Price...

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Resistance Zone (Red Box at the Top): The highlighted red area at the top represents a resistance zone. This is where the price has previously struggled to move higher and has reversed multiple times, indicating strong selling pressure at this level. Support Levels (Horizontal Red Lines Below): There are multiple horizontal red lines drawn below the price, which...

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We have a double-bottom we are waiting for the breakout for confirmation

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Price breaks the resistance level and comes back to a previous resistance now is a support

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We had a strong support line for the previous movement waiting for a breakout

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We have a double-top we are waiting for the breakout for confirmation

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On H4 chart it give us head and shoulder pattern we wait for a breakout for confirmation

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This phenomenon can also be seen in range (sideways movement), when the price goes beyond its limits and then turns around impulsively in the opposite direction. This phenomenon is called deviation

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On the H4, USDJPY formed a symmetrical triangle pattern. The price broke above the trend line and is testing an important resistance area. A short-term bullish trend can be expected if the price breaks above the resistance. 🔼 Trade: Buy USDJPY on a breakout above 156.500; 🎯 TP: 158.000;

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On the H1, XAUUSD has formed a descending triangle pattern, and the price is squeezed to support corresponding to 161.8 Fibonacci. The indicators do not give clear signals, making considering two possible scenarios necessary. 🔽 If the bears push the Gold below the support at 2415, the downside target will be 2395; 🔼 However, if the upper trend line is broken, the...

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Wait for a breakout Resistance level for a long trade

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We have retest on a resistance level and divergence and oversold

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Price retested I'm looking for sell