GBPUSD has been forming Head n Shoulder pattern since the start of the September 2022. Currently, we have completed Left shoulder and a head formation while right shoulder is about to complete. If the neckline of the pair is broken then we can see the downward move to 1.12000 What do you see of the idea?
EURAUD has formed double top at 1.48800 level where we witness multiple bearish candle indicating hurdle for bulls. For short term traders this is an opportunity to do shorting with stoploss just above double top. For long term traders, wait for the price to get out of no trade zone; meaning we need to surpass the 1.48800 level to invalidate the double top...
Decentraland and SandBox could offer another breakout from the horizontal level. Sandbox looks like it can offer huge spike to more than 2.5$ if it manages to close above 1.5240 level. We have seen a clean breakout from the falling resistance previosuly on 25th june but since then price remain in the range and unable to break 1.5240$ What do you think of the idea?
SHIBUSDT has given a strong breakout from the horizontal resistance of 1270 and gave immediate breakout of 25%. What do you think of the idea?
THETAUSDT has been trading under rectangle for three months. The price has reached to the resistance level of 1.5$ where price can face little hurdle. A break above the range will give hefty return. Tell us what do you think of the idea
NATURAL GAS is printing a bullish bat pattern. It is still in early stage as point C has defined its place. Pattern will complete at point D which is projected at 4. The price has already been rejected at the key resistance on the daily chart, and RSI is headed downwards. There has also been a continuous decrease in volume from the first time the price tested the...
sell and cover your shorts on given levels on charts
SNXUSDT is printing head n shoulder for a time now. Recently when it printed the neckline comes at 7.5 and we saw a failure of the pattern as right shoulder broke. Currenlty, it is again on neckline of another head n shoulder which is on 3.5. Will it break this time? The target if it breaks will come at 5.5 which is hefty in terms of percentage. Keep in...
Commodities super cycle is over? Or we are heading towards recession? Only Gold in the previous week gave some gains to their investors while the other remains in question Let's talk about the oil in particular amid to investors eyeing recession is not too far. Technically speaking, USOil is holding the 94 firmly while it made a inverse headnshoulder indicating...
TSLA | SYMMETRICAL TRIANGLE TSLA is trading under symmetrical triangle. A breakout on either side will lead the rally. Another important aspect to note is it is still trading under 100ema. Which can become resistance What do you think of the idea?
NASDAQ has given a breakout from its long ascending triangle. The price is trading above the breakout region and may come down to retest and offer opportunity to long biased trader. Failure to do so will call bears in the party. Let us know what do you think of the idea.
DXY - PARABOLIC MOVES ARE NOT SUSTAINABLE DXY has once again move upside very sharply. This time it has created another bearish divergence after parabolic moves. Remember parabolic moves are not sustainable. We are expecting it will come down to 103 level before any further upside to test its breakout region. What do you think of the idea?
Readers!! We have identified bearish head and shoulder pattern on gold daily chart. Target seems too pessimistic but considering commodities super cycle is over, it is reachable. What do you think?
seems like when market will open bulls will charge to will the gap buy on dip
RUNE is looking bullish from here as the price is moving in bearish channel. It can come up for making lower high and who knows break above
Seems like bulls wants to take control back buy on dip with strict stop loss