Hi Traders!
An ascending triangle is forming on the NZDUSD 4H chart, and we could have a breakout soon.
Here are the details:
The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bullish due to the market swings; the...
Evening Traders,
Today's Analysis - GBPAUD's - trading with corrective price action that will lead to a bounce
Points to conside,
- price action corrective
- local range low lost
- nPOC Support
- range reclaim = deviation
GBPAUD's immidiate price action is trading at a key support that is the nPOC, a bounce here with a reclaim of the local range will...
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Hello my friends, Consider USDT market cap to help identify market movement, Everything is marked on the chart. Good luck.
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GBPJPY: BUYS (-4 pips)
Session: LONDON Open
Date: 11/Aug/2021 Wednesday
Tradingview chart code Post analysis: /x/4y2dqVj7/
Tradingview chart code Pre analysis: /x/36mZuUGT/
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Warning: This is not financial advice. Trading involves high-risk factors. These charts are for educational purposes only.
Technical analysis:
DASH/BITCOIN is in a range bound and the resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 47.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would resume.
There is a possibility of temporary retracement to suggested support zone...
Technical analysis:
LISK/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.00122 to...
