Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few days ago price bounced from resistance line to support line of wedge, breaking $2005 level, which coincided with support area. Then price turned around and made strong upward impulse to resistance line, breaking $2005 and $2065 levels. But then Gold bounced...
Testing breakout channel and start continue bearish momentum test previous low support zone
Some updates to my previous idea . The key level, marked by the yellow rectangle, has been breached, but the chart also shows significant resistance on the diagonal axes. Obviously, breaking above here means strong bullishness with I-H&S confirmation (the uppermost red box would be the next target then).
AMEX:SPY February 8, 2024 15 Minutes AMEX:SPY opened the gap up, broke 496, and made a high of around 498 levels. So far working as expected. For the day I will consider The rise 482.89 to 498.43 490.23 to 498.43 492.84 to 498.03 For the last rise AMEX:SPY retraced to 23.8 levels and went up. So today holding the 495-496 levels uptrend is to continue...
Weekly breakout in JM Financial. A channel pattern breakout and limited stoploss.
The USD/JPY pair on the M30 timeframe displays a bearish signal due to a well-defined downward channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Key Points: Bearish Channel: The price has been confined within a descending channel characterized by two falling lines, one for resistance and one for support. This pattern...
The XAU/USD pair on the M30 timeframe presents a potential buying opportunity due to a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel: The price has been trading within an upward-sloping channel defined by two converging...
HD is one of my current core holdings that I averaged into during the crash last year. I have always liked the company fundamentally, and even have had success trading options on the stock as well. HD is above the golden fib (strong momentum) and has risen despite market turmoil. Even though tech is the favored sector right now HD has continued to rise. There...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to falling channel, where it at once bounced from resistance area to support line. After this movement, EUR soon backed up to this area and some time traded in, after which price fell back. Next, Euro rose to resistance line, and then...
Hi . KUCOIN:GTAIUSDT ✅ Today, I want to analyze GTAI for you in a 2H time frame so that we can have a Short-term view of GTAI regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). ➡️ As you can see, the price completed its downward waves ( ABC )after breaking Rising Wedge, and now...
Price action analysis for Bitcoin. Wave analysis & key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
Hi Traders! USOIL is in an ascending price channel as it looks to break back above the 75.00 level. Here are the details: The price action looks currently bullish; the market swings are getting higher, and the price is about to break back above the 20 EMA. Our idea here is to buy market dips leading up to the 20 EMA break. Short-term targets are levels around...
CADCHF is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
ELFUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDCAD has been overall bearish , trading within the falling channel in blue. At present, NZDCAD is undergoing a correction phase and it is currently approaching the upper blue trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong supply zone...
The GBP/JPY pair on the M30 timeframe exhibits a bearish channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Key Points: Bearish Channel: The price has been confined within a descending channel, characterized by two falling lines, one for resistance and one for support. This indicates ongoing selling pressure and...
The NZD/JPY pair on the M30 timeframe presents a potential buying opportunity due to a well-defined bullish channel pattern. This pattern suggests ongoing upward momentum and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel: The price has been trading within an upward-sloping channel defined by two converging...
Our technical analysis of AGIUSDT on the 4-hour timeframe reveals a promising channel pattern. The asset is currently testing the channel's upper boundary, presenting a potential breakout scenario. We've identified a strategic stop loss and an optimistic target, considering the asset's volatility and channel dynamics. The calculated risk/reward ratio underscores...