After three weeks of consolidation, USDJPY finally erupted, driven by the NFP release. This impulsive move respects the 90% rule. However, the recent price action has formed a double top pattern, suggesting a potential reversal to the downside. Based on the technical setup and potential reversal, I am biased towards a short position on USDJPY. I'm anticipating...
Hello traders! It can be seen that the pair has touched the level (2018.00). In my opinion, the pair will touch the level (2021.00) since it is also a Fibonacci level. Then I expect a decrease to the level (1929.50). Be patient and wait for the breakout to enter the trade. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK...
this looks like a cup and handle pattern about to form ... add to your watch list and be on the look out for more confirmation .
On the chart we see a falling wedge occurring. We are expecting a breakout in the near future. There are regular bullish divergence that will play out at some point. The stock is down 87% from its ATH. The trend reversal may be around the corner. Target is shown on the chart - good luck!
We see Hourly down wedge, which likely will break upside, confirming 4H orange channel We enter only with stop order- retest. Position details shown in image. Happy trading All
This pair broke out of it's channel to the downside recently, but has since rallied back into the channel range. We see currently it has potential to react to this next resistance within the channel, with the indicators suggesting this pair is currently overbought. We will wait for confirmation and then react. Follow for more.
The bearish flag pattern found in tata power waiting for break down.... Trade with proper stoploss Target 1 and 2 are given as per analysis
A very good breakout of N pattern is done in cipla now it retested tomorrow was a good opportunity to buy it . Buy Cipla at 1067 Target 1079 1100 1200 Sl 1007 Must buy it bse increase its rating
Hey traders....i guess crypto market next terget 18000 usd.this market is downtrend...so be careful.i hope market go down.
Hey everyone, for some days now I've been seeing a lot of buying opportunities on this pair. So my point of view is a buy(bullish soon). I'm seeing structures within structures making it a potential high probability setup. Stay tune for a possible entry. Please note it's not a financial advice. Thanks for reading AS ALWAYS TRADE SAFE AND STAY SAFE
Just an idea - Let's hope for the best after a rough 2022 - Still some potential risk down but let's just pretend this is what's on the horizon :p
There is a pattern on the M15 chart M15 and M30 are overbought, now waiting for a double top on M15 Stop loss should be above 0.6919 First target is 0.68295
XRP/USDT TECHNICAL ANALYSIS Support and resistance Live chart
As you can see in the chart in 4H TIME FRAME this is the pattern that we are in although BTC is moving down but if we break the upper line of the pattern we can take advantage and make profit out of it Just wait for the confirmation and use stop loss Guys I do trading based on patterns so my analysis is good for a short term not holding Set your R;R properly I...
Squeezing here. Worth watching. break and hold of 433.98 with good buying pressure can see levels marked above.
love the way candle set in this winning pattern PalalalalalalalHH
The pair seems to have completed an abc minute wave pattern with the minute wave c of the minor wave 2 an ending diagonal. We could also see a five wave minute wave i uptrend. If we are in an uptrend, then we could see a retracement to minute wave ii downwards before going long to minute wave iii. NOTE: Not a recommendation. Just an opinion.
If you followed my previous post, I mentioned how the DXY (Dollar Index) was in an upward trend. Now that the market has opened again, the bullish trend is more visible, especially with the reverse head and shoulder pattern completed. If you haven't already done so, it may be a good time to enter the market in Gold and go short (for XAUUSD ONLY). XAUUSD has...