If Shiba cannot pass this area, which is an important resistance, it will go down with a lot of momentum and then go up, then the possibility of a very fast pullback to the bottom is not out of mind...
From a technical point of view, the trend is bullish on intraday chart, but at the same time it should be logical to appear some corrective structure. the pair is currently approaching a very important resistance area. Trade with care Like | Share | Comment
Hello Traders ! On Friday 20 Oct, The AUDCHF Price Reached A Support Level (0.56345 - 0.56070). The Resistance Level (0.58100 - 0.58332) is Broken and Becomes a New Support Level. The Resistance Line Line is Broken. So, I Expect a Bullish Move 📈. i'm waiting for retest... ----------- TARGET: 0.58790🎯
Hello, traders and friends. Let's analyze the GBPJPY 1-hour timeframe chart and explore a potential buying opportunity in this pair. Yesterday, the price successfully broke above a Daily bearish channel that had been pushing the price lower since August 21st. This impulsive breakout to the upside suggests the potential for the price to move higher, possibly...
As We Talked in The Previous Analysis: The GBPJPY Price Reached a Daily Support Level (180.750 - 180.093) and Broke The Resistance Line Currently, The Price Created a Rectangular Range. The Upper Resistance is Broken and Becomes a new Support Level. The Price Created a Correction and Touched The Support Level! and Now it Will Continue its Bullish Movement...
Hello Traders ! On The Daily Time Frame, The EURGBP Price Reached A Strong Resistance Level (0.87348 - 0.87190). Currently, The Price Failed To Create a New Higher High. The Last Higher Low is Broken (ChoCh). The Support Line is Broken. So, I Expect a Bearish Move📉. i'm waiting for retest... ----------- TARGET: 0.86260🎯
Following from last week hectic week of news events, we had a nice end on NFP friday giving us a clear indication on what price wants to do. As you can see the dollar has been ranging on the higher time frame, generating liquidity and testing new possible highs however failed to do so. Scenario (A) - We have a strong bearish candle breaching the low of the range,...
(Scalp-Long targets w/ pullback, SL & TP For ETC based on a Daily (algo) Trendline bounce. Expected pullback target possible. Always look both ways when crossing the street. #NFA
US500 (Daily Chart) I'm expecting a bounce to ~4260/70 area. Here's why. Looking at the AVWAP (Blue lines) from the January 2022 highs and October 2022 lows, we were bound to see some level of support here. I've been saying this for some time now that we'll reach at least 4100. Given the strong confluence of support around this area (the AVWAP and the...
Weekly Chart I figured out the impulse wave begin from 0.777 Now, it's trading around 1.975 and going up further with the target is also resistance around 3.0 That's 1.382 Fib from 2.025 I expect RUNE will pullback to 1.5 before come back to contention Wait for next move
The price is at the bottom of a one-year channel, and it has also broken its 8-month trendline. After a pullback, expect a 50% pump. Set your stop just below the demand zone.
Hello, traders. Let's examine the EURGBP chart, where the price is currently completing a pullback to the broken short-term bearish trendline after a change in market structure towards the upside. This provides us with an opportunity to position ourselves in alignment with the higher time frame. When you review the Daily timeframe, you'll notice a bullish...
KUCOIN:FLOKIUSDT The price, after breaking the trendline, couldn't establish itself above it. Currently, after a pullback to the trendline, it's poised for a drop.
just trying to get back on and after a long time im going to share a view .. thats what im waiting for ..
Tomorrow the CPI numbers will be release. This could pull gold back to 1800 support. I'm not trading the news, I'll just wait to see how the market reacts. I still think gold is going to break up the triangle but it could take a few more weeks.
in daily timeframe we have good risk to reward position..for confirm we should wait for breakout from green trend line and pullback and enter to position and fall :) look at arrow way
This move is highly unsustainable for NASDAQ:QQQ - I called a bull run this morning @ 10 AM. We are up +2% almost on AMEX:SPY SP:SPX AMEX:DIA - watching for pull back now on buyer weakness and reality setting in. But why TSLA? Why not NASDAQ:NVDA or NASDAQ:AMD ? TSLA had "bad news" today With a market pull back, TSLA will get smacked the...
Don't chase. A pull back can be violent. Better off getting puts for a daytrade than chasing calls here. Good luck. Trade carefully.