OANDA:EURCAD is showing potential reversal from current zone. It is currently trading in potential reversal zone of XABCD butterfly pattern along with ascending trendline retest and bullish divergence confluence. These evidences suggest a potential up move in EURCAD from here. We can look for buying setups.
Bitcoin has formed a new bullish harmonic pattern. We can take action on both sides: first, sell at the 70k level, and then buy at the 53k level. In the case of a short position, the risk-reward ratio is 1:4.
There is a possibility that it may fall after giving an upward correction. If the price defends the invalidation area, it can go to higher levels. If it doesn't, it can target lower levels.
Hello dear friends, I hope you're doing well. Currently, Bitcoin is in a ascending channel. Given the ongoing conflicts like Russia-Ukraine, Israel-Hamas, and Lebanon, people's excitement for buying is natural. In my opinion, two scenarios could unfold: 1: Due to people's emotional behavior and speculative pricing, after reaching the FVG range around $73,000,...
Looks good especially with the potential divergence and other factors like the halving looming. ☕️
Entry price ,stoploss and Target already marked in the chart itself FYI. Guys pls like, share and follow my ideas . Thank You All
The AUDNZD chart currently shows the formation of a XABCD Harmonic Shark Bearish Pattern, indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bearish divergence, suggesting that the current uptrend is likely to reverse into a downtrend. Furthermore, on the daily chart, the price has just touched a strong daily resistance zone, which...
📣Hello Mates! We have seen that gold is continuously bullish and its momentum is not going down, so now we think that gold has gone as high as it was supposed to go, maybe it can go up a little more to 2280 or 2300. May then continue to go down and meet our targets of 2150 and 2090. 🔑 Remember, money management is crucial. Before employing our analysis,...
Technical analysis using Harmonic patttern, Finding Point D using Extension Fibonacci Numbers. If the price hit entry, Risk 27 or 80 profit.
Like the title said. Made a nice Gartley pattern and lookin got make a reaction off of the pattern completion zone. Might be a meme, but the framework is the framework.
Hello Traders, Trust trading has been great for you all. Here is my brief analysis of the AUDCHF pair. The AUDCHF pair shows a bullish bat pattern, indicating a potential upward reversal. This pattern was spotted in February and has been responsible for the upward rally noticed on the pair since the first week of February. There appears to be more room to the...
Hi guys Our support areas have been well maintained so far. But note that our resistance areas are also reserved. It seems that we can enter into an attractive selling deal relative to the $4.033 range, provided that the $4.285 resistance zone is maintained. What do you think?
NZDUSD is tranding in a bearish trend since long time and it will potentially reverse from here after breaking neckline of double bottom bullish points seems more stronger than bullish. trend is very bearish although it has start consolidating but we would take entry after closing of bullish candle above neck line
BINANCE:ETHUSD Hello traders, I have identified the target of the bearish harmonic formation on the chart. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
I am bullish long term and this slight sell is just a reentry buy. Especially since the halving is next month. I'll be holding buys up to 100,000 plus. Happy trading this Super Bowl Sunday.
With the formation of the ending pattern, the price has hit the support range of the 0.87300. If the price is supported by this range, it is expected to break the ending pattern upwards and we will see an upward movement in this currency pair.
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