EURO has pushed lower, this is common when market makers are looking for lower prices to buy from. They are definitly bulish (100%). I know this from my own source. Lets tap this buy from this level 1.0705, keep stops tight at 1.0670 target 1.0850 and above. Always use proper risk management. As BOJ intervens for yen we will see spike up on EU so we are strongly...
After CPI numbers came out, Dollar index has sky rocketed. EURUSD has dropped more than 100 pips, from this low 1.0736 I am going in long, targets back to 1.0850 and higher. Stops below 1.07100. Use proper risk management.
Hello,Friends! CAD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.666 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is...
Investment into new battery plant venture upped to 3.8 billion. bullish on Panasonic
Last weeks high: $71365.43 Last weeks low: $67932.12 Midpoint: $64498.81 Trading can be a very complex and difficult profession to be profitable, however it can often be made more simple. The 4H 200EMA can be used to indicate the direction of the market, for 2 months now BTC has reliably been bouncing off the 4H 200EMA making it great support and an ideal...
Complete BULLFLAG and pennant of it. This is a complete bullish form to breakout bullish; I don’t see any signs of bearish but Shiba is on fire keeping the bulls stable.. During breakout Shiba should get visit back to the recent all time highs and should meet new all time highs; but it doesn’t stop there until Shiba hits $0.01 including $1 Shiba is already now...
Attention Traders, In today's trading session, our sights are set on USDCHF, where a potential buying opportunity looms around the 0.90150 zone. USDCHF currently rides an uptrend but undergoes a corrective phase, edging closer to the pivotal 0.90150 support and resistance juncture. Adding depth to our analysis, the fundamental landscape underscores the bullish...
Chainlink will lead to a breakout very soon, 3 points of contact have also been made within the Falling Wedge Pattern. Support Zone is between £13.00 - £13.50, this support area is a very strong buy interest level. In addition, the Falling Wedge Pattern's are often considered a bullish signal, a reversal from the current downtrend from the recent dip indicates...
BINANCE:ALGOUSDT (1D CHART) Technical Analysis Update ALGO is currently trading at $0.2276 and currently in consolidation phase. Price has formed a nice triangle pattern. If the price breaks out from the resistance line then we have a good opportunity for long trade. If the price breaks down then the next support is around 0.15 Entry level: $ 0.24 Stop Loss...
Bitcoin against Nasdaq has the potential to be the beginning of wave 3 which has a risk/reward ratio of almost 20. Supports that it already completed wave 2 1. It hit wave 1 at around 4.73 then retraced back down to wave 2 (1.34) at around 78.6% Fibonacci retracement (1.4) 2. Wave 2 sub-waves A-B-C have been completed 3. It broke the trendline 4. It had bullish...
BINANCE:CKBUSDT (1W CHART) Technical Analysis Update CKB is currently trading at $0.02056 and showing overall bullish sentiment. Price has currently broke out from the resistance line and successfully retraced back to its support line. After the retracement we are seeing price bounce back and heading towards the next resistance line. We have good long trade...
Hello,Friends! EUR/AUD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 4H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.649...
The Kiwi with ticker NZDUSD woke up last year with a strong reversal on daily chart after a completed larger, higher degree (A)-(B)-(C) correction in B/II, which can be signal for completed deep correction, especially after higher highs and higher swing lows formation up from November 2023 lows. In fact, there was also some nice accelerating price action through...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85450 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85450 support and resistance area. Trade safe, Joe.
Hello,Friends! EUR/JPY pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 162.282 area....
Hello,Friends! EUR/AUD pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.661 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
ENJUSDT 4-Hr TF. Bullish Reversal We observe a budding shift from a prevailing downtrend to potential bullish momentum. Key support and resistance levels have been mapped, indicating areas of significant market interest. Price Action: Recently, the price has shown an upward momentum, creating a series of higher lows and higher highs, which suggests a...
Cryptocurrencies slowed down after strong rally into wave 3 of an ongoing five-wave bullish impulse, so current sideways consolidation should be just a correction in wave 4. BTC dominance is actually still here and Bitcoin can be already progressing wave 5, but that's why ALTcoins are currently slower than BTC. However, looking at the TOTAL2 Crypto market cap,...