Traders, here's a golden opportunity you won't want to miss on the USD/JPY currency pair, with a focus on the 1-hour timeframe. 📊💰
📌 Technical Analysis Highlights 📌
🔷 Bullish Gartley Pattern: The price action has beautifully formed a bullish Gartley pattern, suggesting a potential uptrend reversal.
🔷 Double Bottom Formation: Point D (the reversal point) has...
NASDAQ 100 ( CME_MINI:NQ1! ) took Support at the area suggested in my previous Idea Post (see attached). For further confirmation we will wait to see if it holds above the 50 day EMA on Daily Time Frame. It is currently above the 50 day EMA in the Pre-market session on Tuesday.
If the Confirmation is achieved today, then we will look for another rally up to...
My previous posts were showing the scenarios of a fall to 29500 then 28500 then 25000. So we are on the 25K side, and I told we will need a further analysis to know what to expect. so here is a speculative first one:
From my humble perspective, I'd say bears took the command since last week, I can see that from my weekly chart finally. So I doubt we will see...
Last week we saw consolidation between 102-102.80
We start the week by breaking above 102.8 resistance.
We expect DXY to gravitate towards 103.5 which gives room for further USD appreciation this week.
Hey traders! 🐂📈 Exciting times ahead as we've got a bullish setup on the EURUSD forex pair in the 1-hour timeframe. Let's dive into this opportunity! 📈🐂
💹 Demand Zone Bounce: The price action bounced strongly on the demand zone, indicating an area where institutions have placed their orders and are likely to defend this level.
📈 Descending Channel Breakout:...
Good day all.
BTC is currently showing many bullish signals along side the BTC spot ETF news, which is currently in regulatory review but has more or less been approved by the SEC. This news alone is revolutionary for the market, however, we have not seen close to the gains one would expect out of this news. some would say it is due to the the XRP win over the...
In the 4-hour timeframe, Nasdaq has formed a bullish butterfly pattern, signaling a strong buying opportunity. The price action also reveals a double bottom pattern, adding further confirmation to this bullish setup. Additionally, the RSI indicator indicates oversold conditions, suggesting an impending upward move.
Traders can take advantage of this setup with...
Last weeks high: $31291.8
Last weeks low: $29420.6
Midpoint: $30356.2
The week starting on Monday 19th of June was the latest rally for bitcoin, a strong move up leaving some large FVG inefficiencies left behind that price will look to fill in the future. The upside capped off at just under 31.5k, a high that the bulls couldn't top last week while chopping...
Get ready to ride the wave of potential profits as NASDAQ presents a compelling cup and handle pattern—a highly reliable setup that often leads to significant price gains.
What makes this setup even more enticing is the neckline, which is positioned at the critical level of 15,000. Breaking above this level signals a significant shift in market sentiment, as it...
Bank of Baroda(stock symbol: BANKBARODA) has been trading within a triangle pattern since December 2022, but it has recently broken out of this pattern. During the triangle formation, the stock tested the lower trendline six times, and each time it tested, a substantial rally followed. On June 19, 2023, the stock broke above the upper trendline with decent...
In this analysis, I've identified a significant moving average (MA) crossover, indicated by the red and blue lines crossing. Historically, such crossovers often lead to price increases. Additionally, I've included a violet line which I believe acts as a catalyst for a downward movement.
Once the violet line touches a candle, I anticipate the end of the upward...
Last weeks high: $31443.0
Last weeks low: $28847.4
Midpoint: $26251.8
BTC experienced a massive week of price action last week with nearly non stop climbing up to a high of nearly 31.5K. The all important 32K is still yet to be tagged this year however we have made new yearly highs with acceptance above 30K
The news of a Bitcoin ETF cancelled out the SEC &...
Exciting news for stock market enthusiasts! A compelling bullish setup has emerged on Nasdaq's chart, signaling a potential trend continuation. The price action has formed a robust support zone around the 14800 area, with multiple bounces indicating a significant accumulation of bullish orders. It's clear that the bulls are standing strong, ready to defend this...
Bitcoin has reached the psychological barrier of 30K, likely triggering a temporary pullback to around 28K.
At 28K, uncertainty arises: a strong climb to 32K is expected if bullish momentum persists, while falling below 28K could test the 25,800 support level. On the Weekly, the scenario is still bullish though, but starts to weak a bit.
PS: I'm happy to see...
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Meta stock started a crazy dump in September of 2021, dropping roughly 80% in a very short period of time but bounced back significantly.
You can also see that the recovery started in October of 2022 and from there Meta created a rally...
The bullish setup on NASDAQ in the 1-hour timeframe is generating excitement among traders.After successfully riding the previous bullish wave from 14250 to 14650, the market is now presenting a highly compelling opportunity to add to long positions to enjoy the rally. Here's why:
Price has convincingly broken through a key resistance level that had been fiercely...
The key level of 1.07900 has been decisively broken, and now, we are witnessing a retest of this level. This retracement provides an ideal entry point for traders looking to join the ongoing rally. Market participants who missed out on the initial breakout are likely to seize this opportunity, resulting in increased buying pressure and fueling the continuation of...
Here is a quick idea for the GBPUSD pair. Next down move which will pass the 1.23800 level. It's about a 40+ pips SHORT move.
The Price movement should also break through that 1.23800 level without a real resistance.
For clarity, I've removed most of my indicators.
Let's watch since time will tell.
