Hello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
TRY reached the target which I have posted a month ago. In my opinion price will stabilize at 8.30 before Christmas holidays. Next target T3 trendline as a major resistance
We see that the USD/CHF has broken through the trendline indicating bullishness for the future. I think although we see the bullish sentiment the price is still going to move down AND THEN find support at the 0.9000 level AND from that 0.9000 level we are going to see price find support and we are going to see the bulls take over and the market is going move...
After kissing it's 21 day EMA (426.10) this morning, and then erasing most of the day's gains, Tesla is now sitting at it's long-term Green line support (around 400), for the second day in a row. If we break below 400, we could see massive downside to the previous probe at 351 on Sep 24th, and the 100 day MA at 339.66, which is the next major support. With...
We touched the Long Term Ether support, so buy now!
Can we see completion of this double bottom here on cable and reversal of the market.
Evening Traders, Today’s analysis – OCEANBTC- trading above Local S/R with technical confluence, a bounce here is probable. Points to consider, - Price action impulsive - Local S/R Support (200 MA& .50 Fibonacci) - Upper Local S/R Resistance - Oscillators Diverting - Volume influx OCEANBTC’s immediate price action is testing a key trade location with...
No news Friday but another day of higher volume. What's happening with GNUS right now? "The move comes on the heels of a few key updates. Toward the end of September, Genius inked a deal with Samsung for its Kartoon Channel! to be carried across Samsung’s Smart TVs. The company has also been licensing new content to feature in its digital lineup. While there...
On DAILY: USDJPY is sitting around a support zone in green so we will be looking for buy setups on lower timeframes. on M30: USDJPY is currently forming a symmetrical triangle in red. (but it is not valid yet) so we are waiting for a third swing to from around our upper red trendline to consider it valid and buy after a momentum candle close above it. Good Luck!
Evening Traders, Today’s Analysis – XLMUSDT- trading above weekly S/R, diverting to pitchfork median where a move it probable. Points to consider, - Price Action Acceptance - Weekly S/R Support (Pitchfork, EMA Confluence) - Range mid target - Oscillators neutral - Declining Volume XLMUSDT’s immediate price action is getting acceptance back into weekly...
This is just an example for me as a trade beginner, because I´m in the practice mode with the demo account in the paper trading!
XZCUSDT is creating an inverse head and shoulder on daily support, and now the price is trying to have a breakout from weekly resistance. IF the price will have a breakout and turns resistance into support, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
Evening Traders, Today’s second analysis – BCHUSDT- breaking key Daily S/R, holding it as support will solidify the level. Points to consider, - Price Action Impulsive - Daily S/R Support (S/R Flip Retest) - Swing High Target - Oscillators neutral - Increasing Volume BCHUSDT’s immediate price action is impulsive above Daily S/R, a confirmed S/R Flip...
ALGOUSDT is testing weekly structure after created triple bottom. IF the price will a breakout from dynamic daily resistance and daily resistance (static) and turns into support, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...