Hey Traders, in tomorrow's trading session we are monitoring CHFJPY for a selling opportunity around 171.200 zone, CHFJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 171.200 support and resistance zone. Trade safe, Joe.
**Monthly Chart** Last month candle closed inside a bullish candle suggesting a move to test the Monthly manipulation candle (MC). This looks a picture-perfect as the DXY chart. However, USDCAD is still moving within a range. On 12th Feb we had a good selling opportunity for 145 pips which hit our target price at 1.33734. **Weekly Chart** USDCAD paused near the...
Here is my analysis of the GBP/JPY for the upcoming week: - Applying the Quarters Theory, we have the major 189 and 191 levels, along with the half-figure of 190.50 and quarter points of 189.75, 190.25 and 190.75 to watch. Last week, 190.25 provided initial support on the pullback before lower demand emerged at 189.75. Meanwhile, the test of 191 was rejected and...
Obviously, I don't have a crystal ball, however, just for fun I have estimated what the timing of this current market cycle may look like. I haven't made any predictions on the chart as far as the peak price or the price of the next bottom. Although, if the trend of diminishing returns continues I would expect a peak between $80k and $90k. If that trend is broken...
Good morning, same as yesterday we are holding support above are value area low! which is bullish and if we come up to our point of control at 51800 and hold that what's the next stop! VALUE AREA HIGH! The larger time frames are looking very well, while the short-term time frames suggest a pullback before the breakout. Keep your eye out on the daily it could be...
ADANIENSOL looking good, expecting it to break from consolidation and good upside move is expected
Hello traders welcome back to another detailed analysis of the Eurusd currency pair. This week was bullish and quite volatile. Cad inflation news on tuesday was a catalyst in my opnion for a chnage of sentiment in the currency markets. At the very least, it sparked decent volume and a selloff in the USD. Leave a rocket if you enjoyed the video and comment for...
**Monthly Chart** XAUUSD long-term bias is still Bullish. Last month's candle closed as a bearish candle. However, it has a long wick on the downside. This confirms a continued move to the upside. XAUUSD looks bullish to me until it breaks 2000 level and below. **Weekly Chart** XAUUSD long-term directional bias continues to be bullish after bouncing from 1985...
We've been lucky enough to watch the parabolic begin on Flare's chart. This plots a Fibonacci retracement from the recent breakout and lays down support that we might retest.
The apparent falling trend line (3-hour candles) is now broken, but not retested yet. I expect an attempt to retest the 50800-50900 area, and then a sharp upward movement towards 54500-55000. DYOR 👍
After breaking the corner of the triangle and being supported in the purple area on the chart, we expect the price to increase and it is considered suitable for holding.
#GALAUSDT | DAILY TIMEFRAME UPDATE On the Daily chart, we have a significant bearish order block and the price has reached this area. 👀 My outlook is bearish according to the Daily chart and we can look for confirmation to open a SHORT position. The target of this Downward movement is to reach $0.02962 - $0.02930 - $0.02875 - $0.02830 - $0.02787 📉 Invalidation...
Hello everyone.. hope you're all doing well... As you can see, Gold is very close to the trend line according to the D1 Timeframe.. and there are more chances that if gold fails to break this trend line, it will fall back into a bearish trend from here.. If you have any best ideas related to this, please do share your opinion in the comments.. Thank you.. ☺️
Are we in a trap region? The month is ending, but the problems are just beginning! Based on the latest analysis, we may indeed be in a trap region. And its long-term objective was achieved in full (1,618 FIB). And gold has not yet lost its 2K level. What a thing, right? If everything is fine, why isn't our "rich" fiat's store of value giving way? I just...
Price has been pushing higher and higher and climbed thousands and thousands of PIPs since 2021. But with the increased interest rates (42.5%), will this be enough to prevent price from higher? Potentially. There needs to be more confidence in the Lira, which could be happening. Pimco and Vanguard (US Investment Companies), are investing in Turkey, which could...
**Monthly Chart** Last month's candle closed as bullish but within the range of the previous monthly candle. This month (Feb 2024) started moving higher and then retraced to the liquidity pool of Nov 2023 and started moving lower. **Weekly Chart** Last week's candle closed bearish after the previous week's key reversal. This pattern provides a strong direction...
As reported in a previous analysis, the crypto finally managed to overcome and remain above an important resistance band, 44.9K. A beautiful victory for the bulls and, with that, the path seems to be clear for prices to seek the historical top region at 65K and, consequently, scare away once and for all the ABC corrective pattern of ELLIOTT's final sequence....
i want to be honest with you. nobody cant predict price path before some prices are seen so if 0.83813 and 0.84470 will seen in this week , price will move to higher levels like 0.84869 and we can set our Strategy to buy. if the price can not reach to the 0.83813 we have bearish trend and we can set our Strategy to sell