Here we have very simple structure for GJ. Key levels drawn. A channel has been identified. We are in a clear uptrend in this market. However, we are expecting a JPY reversal in the near future, so we can look for technical indications about when this reversal may occur, then see if the fundamentals are also pointing in the same direction.
Hello.😃 I am looking to gain support here at current point after we have possibly bounced off of our blue trend line once again. Alternative is that we fall down most likely to the red line on chart (IMO.) This is a short technical approach analysis thank you. BTC dominance in the market is sitting at 41% today, this is very low. This means that money is moving...
In times of economic strife investors flock to gold as a safe haven asset. We are seeing Gold trading inside this ascending channel, breaking above key levels in price. A forecast has been identified for the short term. Where do you sit on gold?
Check this setup out. We've seen 1.40 respected both as resistance and now support. A key level in price coinciding with a key psychological whole level can act as a strong turning point in the markets. Dollar has held firmer this week, but GBP has been strong throughout.
CJ has been very bullish recently. We've been in a risk off environment, USD and JPY hit with a poor economic and fundamental outlook. Traders are flocking to the CHF as an alternative safe haven. Price is currently residing at the 121 whole level. We have seen some initial rejection with sell orders being triggered. Will we see a turn in price this week or...
Bring up a chart! Identify the trend, using trendlines as above to highlight a channel can be useful with this. Then, identify levels in which price has gravitated towards and bounced from on a consistent basis. You can see three of these key levels in the chart above! This is simple market structure and can really help you with chart analysis. Are we...
Not one of the more talked about coins - but here's some analysis We've seen this coin continue to simmer after a breakout of this descending channel. What we're looking for is a break above this highlighted level, potential pullback before a confirmation entry to the upside! Disclaimer: Be very careful with crypto investments. Only risk what you can afford to lose.
Here we can see simple structure for EA, with two potential price paths for the pair based off this 4HR key level. Price broke a long term descending trendline and since bulls have recovered bringing price higher. We are long term bullish on the Euro and awaiting fundamental confirmation before a strong bullish move. However, for the time being it's possible...
Target Price 25263.84 ; 26701.44 EMA 10 Close 23549.03 EMA 20 Close 23496.56 Low 23501.39
Two potential price paths have been identified on the chart above. Price is currently residing at this key level so lets see what happens!
I think VET/BTC need correction.
This pair has fallen around 220 pips since an initial entry was identified. Price broke this ascending trendline, retraced to a key level in price on the LTF coinciding with trendline rejection with wicks forming to the upside. Zoom out and you'll see GN is at the top of the range and through cross analysis you can identify that this currency pair is strength vs...
We've seen UCHF pull back recently. Price currently residing at a key level of support where price has bounced off previously. We have seen bulls sitting at this level. Will price make its way back up to our middle key level following our price path? For more information on forex, just drop me a message!
Hey boiz After $DOGE got rejected yesterday at 0.0666 as planned, now paints such nice cup there. Maybe for pamp. But take care becaus it might not be the very lowest of risk right here. And do not forget to only do good with some DOGE profits when having some nice tradings. Good luck #doggonacci
Will we see retracement to start the week on this pair before another push to the upside? Keep an eye on our marked key level! Wishing everyone a fantastic trading week!
We can see price has been respecting this trendline. Price is pushing to previous highs. It'll be interesting to see what price does at this level. Will we see bears enter the market and price test the ascending channel, possible break and reversal to the downside. Also marked are potential key levels in the market that price may respect either as support or resistance.