GBPUSD broke and closed above a key daily horizontal resistance
and set a new higher high higher close of this year.
The broken structure: 1.277 - 1.283 area, turned into a demand zone now.
I will expect a bullish trend continuation from the underlined blue area.
Goal: 1.293
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📊AUDJPY is currently in a consolidation phase, with the price forming a horizontal range 97.50 - 97.36 is s the neckline
If the price breaks and closes below support of the range on the 4-hour chart, it would indicate a strong bearish signal.
Traders should consider selling aggressively or on a retest, with a target set at 96.82.
Traders, let's delve into Power Finance Corporation today ! 🌟 In the daily timeframe, we're witnessing a range-bound movement, with the price testing previous swing highs. 🔄 Anticipate a breakout above this level(red box), potentially targeting Rs. 450 and beyond. But before that it may come around at Rs.400 to go up further. PFC appears poised for bullish...
Hello Traders !
On The Daily Time Frame, The GBPUSD Formed a Rectangle Pattern.
Currently, The Price Reached The Resistance Level (1.27428 - 1.28280)
So, Let's Expect The Bullish Scenario .
If The Price Breaks and Closes Above The Resistance Level !
We Will See a Bullish Move...
TARGET: 1.29380🎯
GBPUSD set a new higher high higher close on a daily,
violating a resistance of a wide horizontal range on a daily.
It clearly indicates the dominance of buyers on the market.
More growth is coming.
Next resistance - 1.294
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Gold has broken out 3 month pennant.
In my opinion, it is ready to go test all time highs now (I am super bullish).
The best part of this breakout is look at the volatility measure through GVZ.
GVZ has tested the lows and is starting to have a bounce.
Every time Gold has tried to go above 2100, GVZ has been very high but this time around it's the other way...
AMEX:SPY March 7, 2024
15 Minutes.
The gap at open to 510 levels did not allow for a short.
AMEX:SPY taking support on 200 averages and is consolidating for a move.
The moving averages have converged at close.
So holding 508 levels I expect an upward push today towards 513-514 levels.
The stochastics which had a black bar at the bottom have now...
We've completed a five-wave structure, removed liquidity above the previous high (ph), and on the linear chart, we're breaking the ascending structure (bos). These indicators suggest a probability of correction towards equal lows (eql), which act as a price magnet.
After removing liquidity at equal lows (eql), I anticipate price action ascending towards the upper...
↪️USDJPY was in an upward trend and reached a new high before entering a consolidation phase in a tight range on the 4-hour chart.
To consider shorting the currency pair with confirmation, it is recommended to wait for a breakout below the support level of the range.
A confirmation of this breakout would be a 4-hour candle closing below the support level. If...
📊EURUSD is currently in a bullish trend, with a consolidation phase happening within a horizontal range after reaching a new higher high.
The resistance of the range is at 1.0867/58, and a break and close above this level on a 4-hour chart could signal a trend-following movement with the next resistance at 1.0897.
On the other hand, a bearish breakout below...
Hello Traders !
On The Daily Time Frame, The XAGUSD Reached a Support Level (22.27700 - 21.88300).
The Price Formed a Rectangle Pattern.
The Resistance Level is Broken.
So, I Expect a Bullish Move 📈.
------------
TARGET: 24.16000🎯
Silver successfully violated a resistance line of a wide
horizontal trading range on a daily with a strong bullish imbalance.
It may indicate the dominance of the buyers and a strong bullish sentiment.
The market may reach at least 24.0 resistance soon.
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DCMNVL - DCM Nouvelle Limited - BUY ACTIVE
Chart Insights : Day Chart
Stock closed at 217 on 04-Mar-23
We can see that stock is broken the resistance with volume and can expect upside move if its sustain above the resistance.
BUY Active only on top of resistance , it may try to retest the same level in coming days , best buy on retest level & keep monitor for...
USDJPY is trading in a bullish trend.
After the price set a new higher high, we see quite an extended consolidation
within a horizontal range.
150.9 is the resistance of the range.
If the market breaks and closes above that on a daily,
we can anticipate a trend-following movement.
Next resistance will be 151.6
Alternatively, a bearish...
We're now formalizing consolidation triangle which is mostly telling us about to continue of the trend, means that we're expecting to continue to grow. So by growing we're reaching the resistance of ATH, I think after that we are going for correction, or we're going for correction after breaking ATH.
You thoughts guys?
