Hi guys, I hope you are doing great. We don't have very important news today, so I think gold will continue its trend slowly. The resistance zones drawn on the chart, the first one is the resistance zone in the 15m time frame and the second one is drawn in the 1h time frame, consider these two zones, after seeing the candlestick patterns and receiving...
Looking at a small breakout of a pretty large falling wedge on GMEs hourly chart. If it can break these two supply zones at $16 and $17, It may re-test those $18.50 levels again. I would keep an eye on this one. Also if you zoom out a bit more you will notice a massive double bottom... On the flipside, we are also still inside the weekly wedge with a bit more...
Looking at the massive falling wedge breakout on TSLA hourly chart. Also notice the oscillator on the Ultimate RSI, just crossed north of 50 and looks like it wants to retest those +70 levels once again. The next supply zone sitting at $240-$242, if we break through that the next zone after that will be $248-$250, and if we break that we should see $255-$265. If...
CRYPTOCAP:BTC.D most likely will drop and we will enter altcoin season. Rising wedge spotted in weekly time frame, my first target is around 47-49% for a potential retest or short consolidation or maybe invalidation. The main target is around 39-40%, prepare for altcoin season.
Hello TradingView Family / Fellow Traders, 📈 EURJPY been overall bullish , trading inside the blue channel and it is currently approaching the upper blue trendline. Moreover, the zone 159-160 is a robust resistance zone. 🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups , as it marks the intersection...
Dear Esteemed Members, There are several fundamental factors that could support the oil price reaching $76.09 per barrel, which is the highest level since November 2014. As the global economy rebounds from the pandemic, the demand for oil is expected to increase, especially in the second half of 2024. The International Energy Agency (IEA) projects that global...
After reaching the 4H resistance zone, Bitcoin experienced a sharp drop. In my opinion, this was a movement to correct the trend, and according to the previous analysis, we can hope for the continuation of the upward trend. Continuing the movement of the new resistance area of 45100 and 46450 are still Bitcoin's targets for the future.
Daily Timeframe - Uptrend 4hrs Timeframe - Price is holding strongly that the demand level. 1hr Timeframe - Possible buy setup Sell setup is valid if the demand zone is broken
The pair is heading to high resistance zone. It needs more consolidation to break it through. I think is goin to try a few times but it will end up pulling back to the blue line. I'll wait for some price action before open a short position. I'm keeping my eye on this one. Check out my related post about the dollar index lines below.
OANDA:USDCHF USDCHF (H4) could appear head and shoulders pattern? Note: These are not trading signals!
Here we currently have support from which we have seen upward scalp reactions. -One point that we should consider is that the selling pressure is more on gold at the moment. Because of this sales transactions can have a higher winning percentage. -To enter sell orders, we should consider the supply areas around the price of 2068 and the price area of 2074, of...
big push back up to previously set supply zone waiting for the confirmation candle that closes outside this zone to take short opportunity. TP1 at the Fair Value Gap of 1.32700 TP2 set trailing stop loss to 15 pips but aim for price 1.32000
You see a very strong supply area where I expect the price to drop after confirmation
Hello Friends, Another Gold analysis , So market is currently at 2065, our immediate supply level is 2068 which market has already reacted to. Should price go up then area around 78-81 would be good for a sell and also area around 84-88. In case dollar strengthen we should expect a drop to around 55 and 45 So as always make sure you have these levels around...
By reaching the specified support level, we expect bitcoin to start its growth from this area and after breaking the trending range, it will reach the resistance level of 45100 and then 46450. -Be careful that we have to wait for the closing of the 4H candle to confirm the growth and reach the specified goals.
The four-hour time demand area has done its job well, and despite the hammer candle and BOS formation, it has started to grow from this area. -In its movement path, the only resistance area ahead is the price range of 2070 to 2075, which is now invalidated by the closing of the 1H candle above the previous high. -In the continuation of the movement, the supply...
Thank you for reading this update. Depending on our study we see that NEAR has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. #Nottradingadvice
XAUUSD Looking for a possible drop after reaction to 1Hr proximal line of a supply zone... More than 300 pips drop