🎉 Happy Nowruz! 🔍 Let's dive into analyzing SNX coin in the weekly timeframe. ⏳ Currently, on the weekly chart, we're witnessing the breakout of a 600-day range. The fate of this week's candle will become clear within the next 12 hours. 🎯 Should this candle maintain its current trajectory, it might be prudent to consider purchasing this coin for a mid-term...
This post showing the all possible price action situations occurs in BANKNIFTY since last few days. 1) Uptrend Channel 2) Falling Wedge Pattern 3) Flag Pattern 4) Head and Shoulder Pattern 5) Parallel Channel 6) Rising Wedge Pattern 7) Ascending Triangle Pattern
Gold price remains confined in a narrow range as traders await US CPI on Thursday 10 January 2024 • Gold price extends its consolidative price move above a multi-week low touched on Monday. •The Fed rate cut uncertainty is holding back traders from placing aggressive directional bets. • Elevated US bond yields underpin the USD and cap gains ahead of the US CPI...
Hello dear friends ✔️ The long-term downtrend line has been broken. At the same time, we have a positive RSI divergence in the daily time frame. ✔️ The support range ($1,523) is well maintained. ❕ If the resistance range of $3.6, which is a very important area, is completely consumed, the situation will become very attractive for us. Considering that LL has not...
We might see this move on the following days. From the current price I suggest to wait if the price will bounce on the neckline and minor support, or will go straight to the support. enter on lower time frame, and check if possible bounce to made the triple top, or breakout because of double bottom (enter on retest). P.S Its my first time doing chart on forex,...
Price retest 1.124400 area three times. this is the third time and a rising wedge is spotted around the resistance area, indicating the reversal of trend. Stop loss is 70pips, target is 340 pips Risk to Reward radio is 1:4.5
OANDA:EURUSD Eurusd , Is trading in channel up , After immense bearish downtrend last week market recover 100% , As market is overbought now Possible market after hitting resistance at 1.0777 will retrace to lower trendline for more bullish momentum Our target from 1.0777 will be 1.0709 area if price break down lower trendline than fair chances that we...
It is essential to look at volume when analyzing the charts. Volume equates to activity: it is either the number of contracts placed to the market during the duration of the bar (in the case of exchange volume ) or the number of price changes during the duration of the bar (in the case of tick volume) It shows when and how the professionals (or as they are...
Palladium’s (XPD) price will dropping The price has never been that low
The correlation between Visa and Mastercard creates an interesting investment trick. I began this analysis not even looking for the correlation between these two companies' stock prices. But rather I was looking for some chart patterns using a stock screener. At the top of the list, these two companies emerged. As usual, I was going to go through the stock charts...
Chart explain the prediction, Price channel with Support n Resistance is a base logic for buyers and seller to entry and out. If price breaks 2160 it will reach 1690 on March 2022, and if crazy thing happen it can continue back to 664 on April. Be careful make early buy entry.
Price was clearly fluctuating at the highs in order to accumulate more contracts in the ranges of $1.16928 through $1.16901. Eight Hours later, price comes back to the zone to possibly induce more longs, scare people out of the winning/loosing positions, or most importantly a stop hunt JUST to move back to its original price/path thus going down even futher just...
Right place right time. The long awaited parachain auctions are about to start soon. Things are about to get really interesting soon. As always, do your own research Check this article out: www.coindesk.com
With NFP numbers, gold found its breakout to upside with low job numbers and it literally exploded in few minutes before the numbers. But it reached to all-time resistance 1833 area and have significant resistance and need to have a clear breakout to confirm moving upside towards 1900. It might come back to the area of `1810 to take support with an extension to...
I believe we are nearing the end of the retrace after the last trend breakout. Watching 50-61.8% fib retracement zones for a signal of price movement. *NOT FINANCIAL ADVICE* I only upload my ideas to get others' feedback/ see how charting plays out.
Looking at the current pattern of ETH, we can see that ETH is currently making an Ascending Broadening Wedge in its price action!!! According to research, this Ascending Broadening Wedge has a 79% chance of breaking towards the upside and 21% for breaking towards the downside... On that note, we can be quite bullish overall as breaking toward the upside more or...
This is my thought process on HOT. I think Price Action (PA) should move to the up side. 25% Possible This is not financial advise, this is for entertainment purposes only. Thank you, Trade Intuition
Price still looks to be obeying the downward channel, would be looking to sell the pair if I see a rejection off trendline and resistance .