Hello,Traders! GBP-AUD is trading in a Downtrend and the pair Is making a pullback from The horizontal resistance Of 1.905 and we will Be expecting a further Move down and a retest Of the support level below At around 1.891 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I have done plenty of analysis on the GBPUSD in the past few weeks and nothing has changed in our outlook. The wave of disbelief has matured and we are now selling the cable. The risk is 1.2636 about 60 pips from where we are right now. For those who like confirmation, a break below 1.2568 is your first confirmation that more sellers have joined the party.
Time will tell but it appears an almost 20-year downtrend/basing period has been broken. The breakout occurred with significant volume which makes it more likely to be genuine. Of course an initial shakeout/head fake could follow (and I may not have the trend line exactly right, tried to place it where there were the most hits, but a few times that resulted in...
Here on BME:ETC , we can see a lot of down pressure on the 4h time frame The 1st and 3rd targets was already achieved as is indicated over the numbered pink arrows as this targets were from the downtrend above Now, it looks like a downtrend flag is forming inside the yellow area This flag is giving us another 2 more down targets the coincide with the floor of...
SUPPLY ZONE & DOWN TREND BREAKOUT Breakout point - 295 ENTRY - 295 SL - 272 TARGETS - 327, 366, 398 Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any...
USO (crude oil ETF) is trending down toward its 200-day moving average, coinciding with a previous pivot up within this range and slightly below it. This commodity tends to make dramatic moves so wouldn't be surprised if it made a sudden drop along the way and then bounced, but the channel range may serve as the upper bound. Until it can break free of this...
Hello,Traders! EUR-USD broke out of The bearish flag pattern And the breakout is Confirmed so we will Be expecting a Bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_USD is about to Break out of the bearish Flag pattern while trading In a downtrend so IF The breakout happens Then we will be Expecting a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
From a technical perspective, there hasn't been a definitive signal indicating a trend reversal for the SPY 500. Back in May to October 2023, the SPY exhibited a clear "M" pattern or double top, experiencing a drop of approximately 5%, retracing back, and then dropping around 10%, forming the M pattern. If we compare this M pattern with the current price action,...
Waiting for a monthly close above the 8-year downtrend line to get in. The chart is pretty messy but many other signals are converging around that area (200-month EMA, 50-month EMA, .382 Fib). Price had a false breakout early in the downtrend based on the trendline I drew but I drew it where it is because it had many hits along this line. If price breaks out...
✅AUD_USD is going down Again after the retest of the Horizontal resistance around 0.6461 And as the pair is in the downtrend We will be expecting A further bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-USD is trading in a Downtrend and the pair Is trading below the Horizontal resistance level Of 0.6567 so after the retest We will be expecting a Further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The chart shows the levels to which the BTC price may drop in the coming days/weeks. Currently, we can see that the price is based on the support at the 0.382fib level at the price of $60,000. I further identified a strong support zone from $55,000 to $52,000, which is between 0.382fib and 0.618fib, taking into account two fib retracement grids and trend-based fib...
Hello,Traders! AUD-USD is trading in a Local downtrend and the Pair broke the key horizontal Level of 0.6458 and the Breakout is confirmed So we are bearish biased And we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_USD is going down And the pair broke a strong Wide demand level around The 1.0700 area which became A supply zone now and the Breakout is confirmed so despite An expected rebound and a retest Of the supply levels above We are bearish biased and We will be expecting a Swing move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
DJT, the Trump media company, had a massive run up after the DWAC merger only to fade and fall with the SEC filing showing minimalistic revenue and negative earnings. It moved up in meme fashion but is now falling as fundamentals come to light. In five months the namesake will be able to sell if there is any remaining value. In the meanwhile, the board will...
Traders, In this market update I am discussing the numerous "M" Patterns that I am seeing on the crypto charts. We'll talk about where we possibly could pull back to. And we'll take a look at the U.S. stock market: DXY, VIX, SPY, and NVIDIA and the impact they are having on crypto right now. Apologies for the quiet voice. I will ensure this is fixed before the...
Next possible moves per my perspective. Let me know traders if you guys see anyhow different