EURJPY EURJPY has formed expanding triangle or we can say a megaphone pattern.
Usually price react extremely well to the support and and resistance of the pattern as we can witness in the pattern.
Currently the price is at the resistance of the pattern , if the price start to continue dropping the next target could be 157.715 followed by 157.192.
Sellsignal
Recovery Phase for Short PositionChart 1H TF
Solana is creating reversal pattern #InverseHeadShoulders
It needs price close above neckline to confirm for this reversal pattern, just wait a confirmation.
Besides, BINANCE:SOLUSDT has resistance around 19.2 I'm waiting rejection around this level for short position because Solana's still in downtrend on daily chart
Wait for next move
Pulling back for Short PositionChart 1H TF
Tomo Chain is creating downward structure, it's trading at 1.23xx
BINANCE:TOMOUSDT is pulling back to resistance around 1.286x let observe this area and wait for confirmation before you trade
I expect Tomo will down to 1.16
Wait and see what happen
Gold DailyGood short opportunities after a Monday of possible contraction of the asset. The last daily candle rejected by a strong supply indicates bearish continuation; the area between the current low and the 50% retracement appears to be an excellent rangebound area therefore contraction zones could be created before the descent. In the event of a bearish breakout, a retest zone before the short trend is desirable
Downtrend is coming back | Short BiasChart 4H TF
Render Token BINANCE:RNDRUSDT has been recovering to resistance at 1.55 and rejected this level.
Now, it's trading at 1.465
I expect price will test resistance one more time before turn back to main trend
Wait for next move
Resistance Ahead | Third time lucky or notWeekly Chart
BINANCE:DYDXUSDT is moving up to resistance zone around 2.4 and this is third time try to break resistance.
Daily Chart
DYDX is trying to test resistance at 2.3 if it's achieved, it will confront the strong resistance at 2.4 that is big challenge
Time will tell
HDFC Sell * All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of technical analysis .
* This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security.
* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
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boshch long in geven zonethis given buy zone is good for longs to be created
a good stoploss will be red candle closing on day tf below the buy zone .
there this buy zone will be in validated and sellers will make a new resistance
till then one keep it as a good buying opportunity
also from ath to all time covid low this stock is near the .5 fibo retracement
XMR/USDT important supply zoneI am waiting for the price to reach the supply area and after getting the confirmation I will enter the sell trade
enjoy the trade