After long consolidation, it breaks through range and implies it will continue to go downtrend till the nearest median line.
A simple idea along the lines of my last couple if you've seen, we've had a large expansion when ethereum classic started to get a lot of attention surrounding the merge narrative and mining moving over, a range was set on the break down from that rally and price has managed to break out and is currently come back down to retest it, also lining up with a bounce...
FX_IDC:GBPCAD 👉 1. Price goes ABOVE the selected range on the picture. Long positions to activate. 👉 2. Price goes BELOW the selected range. below. Short positions to activate. ⚠️ Important Notes: 1. Follow your risk management rules. 2. Timeframes: up to H1 🧐 Pay attention to the trend line on the 4 Hour timeframe 😉
Suntv trying to break out from iits 3 months of range trading, it failed thrice in 3 months to sustain above it. Lets see if it trades above 453 & sustains .. then could be bought with stoploss of 440 & targets of 475/500 in very short period of time.
Suntv breaking oout of 10 days of trading range breakout with good volumes. Could be bought with mentioned stoploss & targets.
MFSL broke out of mutiple resistance zone 830-835 with decent volumes. Could be bought with mentioned stoploss & targets.
BINANCE:SOLUSDT BYBIT:SOLUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $SOL has formed a short-term range bound and it's very possible to have a breakout above it. But there're two things to look for before getting into any Long on $SOL. -...
Adanient broke out of its range on daily charts with decent volumes. Could be bought with mentioned stoploss & targets.
Auropharma breaking out of its range on the upside with okayish volumes. Could be bought with mentioned stoploss & targets.
The range zone here will soon end and we are looking for a breakout to the upside and pump after that like the green arrows on the chart. Notice: only if range zone support breaks more dump here is expected. <>
Gold has been in a range for almost two weeks with price bouncing back and forth between 1867 and 1829 (about 37 points). I think that the NFP report will bring in volume to push price out from this major range and could possibly continue the bullish trend on the daily TF. As long as the level of support holds around 1843 or 1838, we could see more bullish...
No Comments! Just take a look at the chart. A reminder: We are in a bear market. Do not expect much of any crypto. In my opinion it's just a relief rally.
OANDA:XAUUSD Here we can see the monthly candle of May is about to close below the minor support. Therefore, the next month has a clear way down to the next support at 1772.200. The price of gold will most likely decrease this month and it may encounter some sort of difficulty at 1831. However, there is a clean traffic to the left and there is a high...
POST FOMC MINUTES: 0DTE Credit Spreads, Long Trades, and LONG POSITIONS We must start with the TRENDLINE BREAKOUT that has been on our charts for weeks, and with the FOMC news behind us, the question for Thursday Premarket is do we reverse and drop during the Opening Range (OR) as we have seen so many times post FOMC. THURS: We got our answer pretty quick...
WED Analysis - the LOOK & FAIL followed by the BREAKOUT WED was a huge day, with the looming FOMC Minutes Release at the 1400 hour mark. We have broken the week down to provide insight into HOW & WHY we trade $SPY - both our ENTRIES & EXITS. WED- RANGE Morning between the WHITE LEVELS (SUPPLY & DEMAND ZONES) Textbook LOOK & FAIL from 10:15-11:15 and the ONLY...
Last week, we provided a SPY Channel/Trend Analysis for the upcoming week. This weekend, we will break the week down into 2 segments: 1) the move to challenge the upper channel & 2) the $SPY channel/trendline break. In doing this, we will keep the 2 basic Channels/Trendlines on the chart, and overlay them with our Intraday Levels from our algo. This provides a...
After a drop to 25.4K, The price was corrected to the level of 0.5 Fibonacci. The price has moved sideways, in a tight range for a relatively long time. Now this range is broken and the price can continue to move. Targets are displayed on the chart.
GBP/USD - Price consolidated between 1.23800 and 1.22700 zones. Price has recently broke support zone and I expect to see move down.