OANDA:GBPAUD has broken the higher low on 4 hr and formed a bearish price structure. Expecting the bearish momentum to continue until close of markets on Friday!
Currently there is uncertainty in financial markets due to fears of recession. This trade idea is purely based on technical analysis. CAPITALCOM:US100 has been in a long term bullish trend. Currently price is retesting a long term trend line, which I expect will trigger bullish momentum just like previous support found at this level. Keeping our SL below a...
BINANCE:THETAUSDT is has retraced in a bullish trend on weekly timeframe. I am expecting the bullish trend to continue and for price to find support to continue the bullish momentum! I am buying at current price with stop loss below major lows on weekly timeframe.
BINANCE:DOGEUSDT has been in a bullish weekly trend and currently finding support after forming a higher high on weekly timeframe. I am buying here with stop loss below the higher low from 2021 to mitigate my risk in this trade!
BINANCE:BCHUSDT has been in a bullish weekly trend. Currently price is finding support 0.786 Fib level after a bullish rally. I am expecting the bullish trend to continue and will buy at current market price. Out stop loss will be kept below the weekly swing low in this bullish trend!
BINANCE:ADAUSDT is currently finding support after breaking through the bearish structures on weekly timeframe. This looks like a great buying opportunity as we can maximise profits with multiples profit levels and set our stop loss below a major support on weekly timeframe!
BINANCE:FETUSDT has been in a bullish trend on higher timeframes. Currently price is finding support at a potential S&R level. We are buying at current price with SL below the weekly swing low! Multiple profit targets are set for this trade!
Expecting bullish continuation after the recent deep retracement!
Expecting continuation of the bullish momentum for BLACKBULL:US30 Entry: CMP SL: 40,417
BINANCE:MKRUSDT has broken the lower highs in a bullish trend and turning previous resistance into support areas. After retracing, price found support at the long term trend line as well. Expecting the price to continue the bullish trend and continue moving up from the current price!
OANDA:NZDCHF is currently trading at the support trend line after retracing in a bullish trend. Price should find support and start trending upwards noting current support is at Daily Fib 0.786 level!
OANDA:EURJPY is looking set to continue the bullish trend on daily timeframe after retracing between Daily 0.618 - 0.786 fib levels. Price is also currently trading at support trend line! Expecting the bullish trend to continue!
COINBASE:CROUSDT is currently experiencing retracement in a bullish trend. Price has formed RSI Divergence on Daily TF indicating potential bullish momentum and continuation. Safer stop loss would be below the last HL.
FX:AUDJPY has broken through 27 year old resistance zones and currently undergoing a retracement! Expecting the bullish momentum to continue and will capitalise by plaicing a Buy Limit Order between Daily 0.618 and 0.786 Fib Levels!
OANDA:EURNZD has broken the bearish parallel channel and currently trending upwards with good bullish momentum! Price is currently supported by a trend line. Will be placing a buy limit order on 0.5 Fib Level with Stop loss below 4 hr low.
TVC:SILVER is currently in a strong bullish trend on daily timeframe. Recently price broke through the resistance trend line and lower high and created a higher low on 4 hr TF. Expecting price to retrace before continuing with the bullish momentum!
BINANCE:CHZUSDT is currently trading near a long term support and has formed bullish divergence on multiple timeframes! If the lower high is broken, price should continue the bullish momentum and hit our targets!
TVC:GOLD has been trending in a bullish Parallel Channel for the last few weeks! Price tested the bottom of the channel and formed bullish divergence on 4 hr chart, indicating potential bullish momentum for the short term! Traders could look to trade the channel on smaller timeframes!