Hey everyone this is Nathima, please check out the update on gold for now there are two scenarios let discuss the first one First things first last night in NYSE gold pushed harder and swept all the liquidity resting over the highs then it started retracement and retraced a bit and today when asian opened it came all the way long and filled all the imbalance...
The price spiked up from the support level. OANDA:XAUUSD made an engulding candle. On the daily timeframe, it formed inside a bar formation. I think the market may keep moving sideways between 2410 and 2365; it could be the continuation of the current trend because it broke the triangle formation. The price rolled back to retest the triangle pattern. I...
EURJPY is moving in an ascending channel. The volatility continues to decline, which means that a new impulse is about to emerge. The price is approaching the psychological resistance level of 165. The chart has already reacted twice with a sharp decline after reaching the dynamic resistance. We expect a pullback to the 50% retracement level after the...
📊 Analysis: Relative Strength: Maker (MKR) is exhibiting relative strength compared to BTC amidst market weakness. Reversal Signs: MKR has absorbed liquidity at $2,365 and is showing potential signs of a reversal. Entry: Consider entering the trade at $3,150. Profit Targets: Aim for profits at $3,650 or $4,000 levels. Risk Management: Set a stop-loss at $2,850 to...
GBPUSD held above the lower boundary of the descending channel as well as support and dynamic support. The chart repeatedly failed to break the nearest support. The price formed a bullish takeover. We think that the chart is ready to bounce off the support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for...
Hi Traders ! Previously, The SPX500 Price Formed a Bearish Double TOP Pattern. Currently, The Price Broke The Support Level (5081.27 - 5051.43). This Key Level Becomes a New Resistance Level ! So, I Expect a Bearish Move 📉. TARGET: 4976.00🎯
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to wedge, where it first broke $1.0785 resistance level, which coincided with resistance area. Then EUR fell to support line and at once made strong upward impulse, breaking $1.0785 level one more time. Later it reached...
📊Analysis by AhmadArz: 🔍Entry: 535.7 🛑Stop Loss: 519.7 🎯Take Profit: 548.9 -569.8 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
USDJPY is trading in the range between the trend lines. In the last attempt to test the dynamic resistance, the chart reacted with a sharp decline. We expect a decline. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Stocks inched lower yesterday, but not Wells Fargo. The first pattern on today’s chart is $58. WFC was trapped below that level since March 12, but closed above it on Thursday and reached its highest level in over two years. That may suggest the bank stock is breaking out. Second, Bollinger Band Width highlights the narrow consolidation since early April. Will...
Hello Everyone, Despite appearances, USD/CAD appears to be headed downwards. The daily pivot point has served as resistance, with the price adhering to the resistance zones of both the weekly and daily charts. The next crucial step would be for a cross to occur and for the price to firmly establish itself below the weekly pivot point. TradeWithTheTrend3344
Hello Everyone, The GBP/USD pair has recently hit a new low for the past three months at 1.240545, with the monthly support showing resilience. Currently, the price is positioned above the 1-day Pivot Point, setting the stage for a promising bullish reversal and upward momentum continuation. TradeWithTheTrend3344
Dear friends, today due to the expansion and escalation of conflicts in the Middle East, market risk aversion has surged. Gold has been enthusiastically sought after as a safe haven asset. It took the 2400 position in one fell swoop and continued to rise to around 2417. Subsequently, Iran downplayed the tension many times. Gold turned downward and has now given up...
2024-04-18 $SLERF—The first Elliott Waves This meme coin is being hyped as one of the big money makers in the near future. I don’t know about that, but certainly the large draw down since launch appears to be over. A wave has formed above the down trend that is now challenging the first line of resistance, so far stalled though. Should it break through, it indeed...
As we can see that Head & Shoulder pattern has been formed on USDCAD so breakout of the neckline will result in downward movement.
The Viz cheat sheet indicator reveals that if the Vix closes above the upper Bollinger band ($19.01) during the next 5 days that means the Apple stock price will increase by 4.11% to $174. Currently the Vix is around $18. I've tested this indicator the Vix cheat sheet before with quite impressive results.
After a test of a support line of a wide horizontal trading range on a daily, Bitcoin leaves bullish clues. One of those is the formation of an inverted h&s pattern and a confirmed breakout of its neckline. The market may keep growing. Next resistances: 66250 / 67600 ❤️Please, support my work with like, thank you!❤️
AUDNZD is moving within the descending channel between the trend lines. The chart instantly bounced lower after reaching the dynamic resistance level. The price formed a bearish takeover. We think that the price will correct from the resistance before continuing the momentum. ------------------- Share your opinion in the comments and support the idea with a...