Hello traders! 🌟 I hope you're having a fantastic weekend. As we gear up for the trading week, I've spotted an exciting opportunity on GBPJPY that I wanted to share with you. Trading Setup: GBPJPY Cup and Handle Pattern ☕🖐️ The chart reveals a classic Cup and Handle pattern. Key Breakout Level: Keep an eye on the breakout level at 188.661. Cup and Handle...
Hello Awesome Traders! Let's take a closer look at EURJPY today. The price action is currently indicating a rectangle channel, and excitingly, the price has just broken above the UPPER TRENDLINE at 165.363! Here are the key levels to watch: UPPER TRENDLINE BREAKOUT: 165.363 Mid: 163.803 LOWER TRENDLINE BREAKOUT: 162.294 With this breakout, we're eyeing...
Hello traders and welcome, Today, we are delving into the world of gold, and it's high time for a fresh analysis of this precious metal. On its weekly chart, gold has formed an ABC or 123 pattern. Let's dive deeper into the concept of the ABC pattern: Traders base their buy and sell decisions on the analysis of historical price data and the identification of...
Greetings, traders, and welcome! Today, let's explore GBPUSD, which has formed an ABC bullish pattern on its daily chart. Currently, the price is trading above the long entry level (EL) at 1.21636. This promising setup unfolds with further potential, targeting Zone 1: Targets Zone 1: 62% AB at 1.28684 79% AB at 1.30976
Hello Traders! Let's delve into the recent movements of Gold (XAU/USD) on the daily timeframe, exploring potential opportunities: 📉 Patterns Unfolding: V Bottom & AB=CD Formation The charts reveal the presence of a V Bottom pattern, coupled with an AB=CD formation, signaling the potential for a bullish upswing. 🔍 Current Scenario: Notably, the price has...
CHFJPY has formed a C&H pattern on its weekly chart. The price is trading above the Breakout: 149.799. ST: 143.377 Targets: 62%: 179.736 79%: 87.879 100%: 197.640
Hello traders, and welcome. Let's take a look at the DAX index, presenting a great trading opportunity. The DAX, on its weekly chart, has formed a cup and handle pattern, and the price has broken above the breakout level at 16305.21. Stops are placed at ST: 15465.59, and the target zones are as follows: Zone 1 at 62%: 19078.70 Zone 2 at 79%: 19817.23
GBPJPY is trading a diamond continuous bullish pattern on its daily chart. The price is trading above Mid: 160.498 and approaching the Breakout: 172.129. Stop below the low previous to the Breakout: 172.129. Targets: 62%: 186.658 79%: 190.717 100%:195.674
**Greetings Fellow Traders! Welcome to Today's Insight.** Today, we're diving into the world of cryptocurrency, focusing our attention on ETHUSD. A remarkable trading opportunity is unfolding, and we're here to explore it together. 📊 **Chart Analysis: ETHUSD Harmonic Gartley Pattern** On the daily chart of ETHUSD, an advanced harmonic pattern known as the...
Hello traders! Let's take a look at NZDJPY, where a cup and handle pattern has formed on its daily chart. Currently, the price is trading above the breakout level at 88.170. With this breakout in mind, potential targets for this pattern could be: Targets: - 62% at 92.929 - 79% at 94.227
👋 Hello traders, and welcome! I trust everyone is having a fantastic trading week. Today, let's explore the dynamic world of gold together. I want to underscore my trading approach – decisions are grounded in current market data, steering clear of assumptions or speculative guesses about future price movements until patterns materialize and are confirmed. In this...
Greetings, fellow traders, and welcome to our analysis! I trust your trading week is off to a splendid start. Today, our focus turns to CADJPY, where an intriguing Cup and Handle Pattern is forming on the daily chart. If you're eager to delve deeper into the world of Cup and Handle patterns, feel free to enhance your knowledge by clicking here: (). But be sure...
Greetings, Traders! Here's a quick update on the Gold market: 📉 Pattern: Double Bottom 📊 Current Status: The price confidently trades above the Neck Line Breakout at 2023.779. 🎯 Near-Term Targets: Target 1: Aiming for the 100% retracement level at 2032.606 Target 2: Aspiring towards the 162% retracement level at 2038.067 Traders, stay vigilant as the market...
Hello, Traders! Welcome! Let's explore a promising trading opportunity in USD/CAD. An advanced harmonics pattern has emerged on the hourly chart, and the price is currently trading above the suggested long entry level at 1.33864. We're eyeing two target zones: Target Zone 1 at 62% XA extension: 1.34814 Target Zone 2 at 127% XA extension: 1.36112
META is trading a cup and handle pattern on its daily chart. The price is trading above the Breakout: 236.86. ST: 219.96 62%: 328.86 79%: 353.24 127%: 425.89 162%: 477.46 William J. 0’Neil developed and popularized in the 1980s the Cup and Handle pattern. Cup and Handle patterns are continuation patterns, and they usually form in bullish trends. They also form...
Greetings, traders! Let's delve into the analysis of the AUD/CAD daily chart, which is showcasing a compelling trading opportunity: Pattern Identified: 📊 Double Top Reversal Pattern. Current Price Position: 📈📉 The price has broken below the Neckline at 0.88775. Trading Plan: 📉📈 Neckline Breakout: The breakout below the Neckline at 0.88775 suggests a...
Hello Traders! Welcome! Today, we're examining AUDCAD and identifying a promising trading opportunity. The price has been moving within the boundaries of trendlines, with the upper trendline breakout at 0.89883 and the lower trendline breakout at 0.89382. Notably, the price has recently broken below the lower trendline breakout at 0.89382, suggesting a bearish...
SPX500 has formed a symmetric triangle on its daily chart. the price is trading below the Breakout: 4139.22. ST: 4041.25 Targets: 62%: 4841.46 79%: 4981.34