In the beginning of the year, before I start trading, I conduct my review and research and analysis (R/A) on what I am going to trade. For the EURUSD, this is what I put down on December 31, 2022, 12:33est
EUR: the ECB is looking to raise rates to fight off double digit inflation. They might have to raise rates quicker than they are thinking to fight inflation....
Trade setup : Price is in an Uptrend. Following a bullish breakout from a Symmetrical Triangle, price reached $100 resistance for a +70% gain, but got very overbought (RSI > 80!) and pulled back on some profit taking. Pullback near $68-$70 support area could be an attractive swing trade entry in Uptrend, with +40% upside potential back to $100. That $6 support...
As you can see from the chart, the price of Fantom is currently trading within a descending trendline at $0.44 cents. If the price breaks and consolidates above the important $0.47 level, we can expect further growth and an upward trend to the $0.66 supply zone and the $1 price range. The important support zone in the long term is $0.38/$0.34 cents.
Please share...
We talked about silver (XAGUSD) in January, where we mentioned and highlighted strong support at the lower side of a triangle range. On January 26rd we shared a weekly chart of silver, where we warned about limited weakness and sideways contracting triangle range.
As you can see today, silver bounced from the lower triangle line and it’s back to the upper side...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About KMD
(Update)
The Trednline Has Breakout In Weekly Timeframe✅
Now Testing Horizontal Resistance Incase Of Successful Breakout Expecting Massive Bullish Wave Towards 300-350%✍️
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About GFT
(Update)
The Horizontal Resistance Upside Breakout Has Done In 1D Timeframe✅
Expecting Massive Bullish Wave Incase Of Successful Retest✍️⚡️
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About LTO
(Update)
The Falling Wedge Upside Breakout Has Done In Weekly Timeframe✅
Currently Running In Good Profit Hope So More Profit In Coming Days✍️
#AUDUSD
UPDATE
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUDUSD. AUDUSD exactly moved According our analysis as predicted. Already 100Pips+ gain so far. Now this is at a support level. We can small Retesting here before breakdown. Keep in touch we will update further soon.
In case of bearish breakout of a rising wedge pattern base on technical analysis text book, we could expect more bearish move in price.
Also we can see in the last bullish move price formed a bearish divergence.
Also price managed to shift market structure to bearish in lower timeframe which add to the possibility of bearish move.
If you've found this...
Hello everyone, this is my strategy on ETHUSDT today!
ETHUSDT is currently trading within a bearish channel, it is currently trading at 3205, coinciding with a test of the continuously reactive price support, marking an 8.86% drop on the day.
From the 4-hour chart, it is currently receiving strong support around the $3200 level. A break below this level will...
As evident from the chart, the price is not only currently trading towards higher prices within a rising channel line but has also established a valid breakout from a very long-term daily timeframe inverted head and shoulders pattern.
This phenomenon suggests a high possibility of a bullish move in this currency pair, and we might witness much higher prices in...
Hello everyone, this is the new strategy I'm discussing for USDJPY!
It can be seen that USDJPY has undergone significant fluctuations yesterday, with prices surpassing 149.00 and remaining stable at this level. It is currently trading at a new high of 150.25, after reaching 140.50, marking a 0.75% increase for the day. So, what are the reasons and factors driving...
Hello everyone, this is my idea about SOLUSDT today.
Currently, SOLUSDT continues to trade in an upward trend. However, now the price is facing resistance at 180.00.
The trading volume is increasing as the resistance levels are being broken, indicating that the market is ready to recognize the potential for accumulation or a potential correction. On the D1...
Hello everyone, BTCUSDT is continuing to trade in an upward trend today.
It can be observed that BTCUSDT is continuously reaching new highs at higher levels, currently trading around $72,220, after breaking through the $70,000 level.
From the 1-hour chart, BTCUSDT is still supported by the EMA 34,89 technical indicator, indicating a potential further price...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About NULS
(Update)
The Symmetrical Triangle Has Successfully Breakout on 3D Timeframe✅
Running In 170% Profit So Far & Expecting 200% Profit In Coming Weeks✍️
First entry was a little premature and we have entered again. (last entry was still active with slight hold given in channel).
- Price is below 200MA
- All MAs in order for sells
- MACD has crossed above 0 line in sell side
SL is 2166.20
TP1 2146.20
TP2 (LONG TERM) 2080
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
