In the short term, I predict a bounce back to the trendline as we sweep some liquidity around this current location. If/When we break the 155 support, we will hit a minimum of 140 and even lower. This is an idea. If you agree with the fundamentals of the chart you can follow my trade. Short-term target with price reversal from 1.55 Target 1 - 159 Target 2 -...
I am longing USD/AUD from 1.5750 Target 1 - 1.6050 Target 2 - 1.63 I believe we have completed an Elliot wave structure and expect to see upside from this location. In addition, the stochastic RSI on the daily time frame is oversold.
I am long on NZDUSD. We have a bottoming structure with an additional trendline break. You can long from a retest of trendline or as close to 0.56500. Target 1 - Golden Zone area between 0.59500 - 0.60500 Target 2 - 0.63
For now, I am long on Nikkei 225. We have a bottom, currently looking for a retest of broken support and a higher low. Once confirmed this is an easy long to the golden zone between 0.5 and 0.618 Fibonacci retracement levels. Target 1 - 39,400 Target 2 - 40,300 For mid term I will be looking for a significant pullback from the nikkei 225. However, there is...
BTC continuing in trendline. We are currently at the bottom of the trendline. I expect a push up to the upper portion of the trendline to continue the bullrun.
Bitcoin is currently in an accumulation phase with a trendline formation. Once BTC breaks this trendline, we will see new highs. Chart reveals all. up, up and away web
My current TA suggests the next move for BTC is coming. However, which way? There are two possible scenarios. Scenario 1 will be an upside move with a move towards 77k. Scenario 2 will see a corrective move for BTC. I personally believe we will see scenario 1 play out. Most traders believe BTC will see a corrective move and I feel there will be a lot of short...
This is my quick but accurate ;) crypto market cap prediction for the long term. My target for the current bull run is a 6-8 trillion $ market cap by the end of 2024. When we reach this region/area, I will be taking significant profits and looking towards the next phase in 2026/27.
Huge Bullish pennant forming for ICP. I predict a significant upside move soon.
Earlier, I took an early long position on Silver as we were getting a trendline and 4 hourly resistance breakout. Long from 22.79 or now. Target 1 - 23.30 - Set stop loss to break even once T1 has been hit. Target 2 - 24.05 Target 3 - 24.50 Extreme Target - 25.49 Stop loss - 21.80
I am taking an early long position on Silver as we are getting a trendline and 4 hourly resistance breakout. Long from 22.79 or as close as possible. Target 1 - 23.30 - Set stop loss to break even once T1 has been hit. Target 2 - 24.05 Target 3 - 24.50 Extreme Target - 25.49 Stop loss - 21.80
The 4 hourly Silver chart is showing initial signs of a potential inverse head and shoulders pattern. With confirmation of this pattern, I will be looking for a long position at 22.50. My target will be a long position towards the 23.50 resistance and supply zone.
This pattern is maturing and showing indications that the 2080 resistance region will be met in due course. I believe we'll see more downside towards the bottom of this wedge to fully mature this pattern before moving (taking a long) towards our 2080 target. From there, a rejection can allow a short. A breakthrough can allow us to take a long position.
Here I present my daily idea for GBPUSD which could provide us with some nice short and long opportunities. I feel that if we break the current trendline to the downside, we will see a drop to the 1.25 region. From here, we can take a long trade during the retrace. When the head and shoulder structure looks mature, we can look at taking a second short towards the...
My short-term analysis of GBP/USD. Enjoy ;) I believe we have broken from a rising wedge, and currently experiencing a brief pullback to the upside before a continued downtrend. ;)