coin stock after breaking static trendline is trying to test once again its upper trendline according to the pattern, after trendline testing the stock price will decide which way to go wait to see the result
The head and shoulders pattern may sound familiar, as it shares the same name as a reversal pattern, but the meaning here is different. In a normal cases, it was a reversal pattern, whereas now it is a continuation pattern. Looking at the picture above, it appears like the head and shoulders pattern in the case of an uptrend, only upside down, indicating a downward trend.
DXY is temporarily bullish and wants to test its upper trendline once again upon testing trendline DXY will decide which way to go according to its pattern pls follow to see the result
it seems that head and shoulder is being formed to make bullish setup for the index we are expecting upward move following this pattern forming in my previous analysis we were expecting bearish setup that failed for the moment . please share your comments if you like below my previous one could be seen
The CHF/JPY cross pair consists of the Swiss franc and the Japanese yen. Both currencies are used as safe-haven and funding currencies because of their unique characteristics and low interest rates. Factors affecting the CHF/JPY rate include general economic indicators, such as information on employment, inflation data, retail sales, industrial production, trade...
the pair is trying to break the level and trendline upward ,if it would be successful then the target for this bullish move will be @161.8 fibo level please see what would be the result
the pair reacted to trendline mulitple times and heading south .accroding to the pattern we are expecting that price will dip down toward previous low please see what would happen
the pair has broken its trendline and trying to reach to previous high.according to the pattern we are expecting to see the pair price reach to its fibo 161% coincides with mentioned high please see what would happen
according to the pattern we are expecting solana to test once again its upper trendline ,then will decide which way to go pls see what would be the result
The CAC 40 is an indicator traders use to measure the performance of the French economy, and, to a lesser extent, the EU economy. Some of the important factors influencing the CAC 40 are major political events, climate issues, major financial crises. Traders interested on the CAC 40 trading should also follow such French and the Eurozone figures as employment and...
The high liquidity and volatility determine the attractiveness of the EURJPY pair for traders and investors. Due to such fundamental factors as changes in the monetary policy of the ECB and the Bank of Japan, the release of data on GDP, inflation and the labor market in Japan and the Eurozone, volatility almost always increases. EURJPY has a generally recognized...
Gold prices remain steady, straddling the $2,645.01 pivot, with market direction tied to U.S. dollar strength and Fed rate cuts. The U.S. dollar index has surged 2.5% since late September, nearing a two-month high, putting pressure on gold prices and limiting upward potential. Gold faces resistance from a strong dollar and higher Treasury yields but could rally if...
breaking trendline upward for MSTR stock indicating that this stock is bullish according to the pattern we are expecting the price reach 161% fibo level waiting for the result
Key Points: XRP surged 1.22% after Ripple filed a cross-appeal in its ongoing legal battle with the SEC, outpacing the broader crypto market. Ripple's cross-appeal of the SEC ruling aims to challenge key aspects of August's final judgment. Ripple’s Chief Legal Officer stated that the SEC lost on all major points, motivating Ripple to file a cross-appeal for...
The head and shoulders pattern may sound familiar, as it shares the same name as a reversal pattern, but the meaning here is different. In a normal cases, it was a reversal pattern, whereas now it is a continuation pattern. Looking at the picture above, it appears like the head and shoulders pattern in the case of an uptrend, only upside down, indicating a downward trend.
traders can expect cautious optimism as the Federal Reserve is likely to implement a 25-basis-point rate cut in November, which should provide some support for equity markets. While the job market’s resilience is a positive sign, geopolitical risks and sector-specific issues, such as the airline and energy sectors, may introduce short-term volatility. The outlook...
the pair is swinging in a triangle and is setting for a bullish leg to complete . please see daily image to get better view
Bitcoin Cash, a prominent player in the cryptocurrency market, originated in mid-2017 as a hard fork from Bitcoin to address transaction speed and scalability issues. While some analysts are cautiously optimistic about Bitcoin Cash's future performance, others point to the uncertain regulatory and economic landscape as factors that could significantly impact its...