Looking at a possible Elliott Triangle Wave 4, with key supports at 67125.40 and 66317.75. Price needs to stay above 65541.11 for impulse wave off 56547.64 to remain intact. Key resistance at 70623.35, 71939.10, 72756.63, and ATH 73757.39.
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support level and made an upward movement, after which turned around and started to decline inside the downward channel. In the channel, the price declined to the 1.0805 support level, which coincided with the support area, and soon broke...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it reached resistance line and then bounced down to support line. Price broke $63000 support level, which coincided with support area, but soon BTC made upward impulse. Thereby price broke support level again and...
Ascending Broadening Wedge Deciding to show a simple pattern easily missed if not looking @ the 15M chart that if confirmed can lead to break out… WHY? 1) I’m tired of horrible traders commenting that you’re a noob in trading if you’re looking at the 5-15M time frames of a chart 2) uneducated “traders” who always say small time frames never play out… they...
It looks like MFER is about to break out of a two-month-long falling wedge pattern. If the bulls take charge, this could lead to a significant price increase. Unlike many other artist coins, MFER hasn’t experienced a dump at every rally. Instead, it has built a strong range that supports future price action. Key points: - Support zones are highlighted in green. -...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price bounced from the support level, which coincided with the support area, and rose to the resistance area. Also then, Gold started to decline inside wedge, where it fell until to support line of this pattern, breaking $2310 level. Then price made...
USDCHF is currently testing a key daily horizontal support. To buy this structure with a confirmation, pay attention to an expanding wedge pattern on a 4H time frame. Your confirmation to buy the pair will be a bullish breakout of the resistance line of the wedge. A bullish continuation will be expected at least to 0.9155 then. If the price drops below the...
We can attempt to short GBPUSD from specified level as it break HL , making rising wedge (reversal pattern) , also bearish divergence occur indicate that it moves downward. SL , TP mention in chart
FX:EURUSD is forming a correction after a false breakdown. The movement is formed after updating the local highs. The fundamental background for the currency pair is positive. The false breakout occurs against the resistance at 1.0885, as well as the rising line limiting the trend. If the fundamental background persists, in this case the correction will not...
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Looks like we had a bearish breakout below the wedge. Can see this pulling back to the .236 fibonacci. Short profit target $61.50. *DISCLAIMER* I will say this is possibly a high risk play as it looks like price action is pinned at the .382 which can also be a reversal point like the .236. That being said, if you are long this is not a bad place to DCA but I...
I can see this breaking below the wedge and pulling back to the .786 fibonacci. As always - wait for breakout before entering this specific type of wedge play. Use a stoploss -not financial advice
Volume profile levels are telling me we can see a 30%+ run to demand zones. Watch out for stop orders getting crushed on a possible gap downs before the pump. But this break could start a little run to my lines.
gbpusd for raise need correction and when touch support area move up again so be on trend please for take position
Amazon seems to be forming a potential falling wedge pattern while also signaling bullish divergence. I believe we could see a breakout soon in Amazon....Let's see how this plays out!
BONK/USDT is primed for a breakout from its ascending triangle formation. We're setting a buy stop at 0.00003700 to capture the potential bullish momentum. With a risk/reward ratio of 1:2, this trade is positioned to take advantage of the upward trend continuation. This setup aims to ride the breakout to new highs, capitalizing on the increased buying pressure...
Hello, traders here is an analysis of APPLE as you can see the price has been in a bullish form and it created an ascending triangle pattern that signals a bullish move so now I will wait for the price to break the upper structure of the pattern and retest it (as shown in the chart) then I will look for the long opportunities.