NATGAS BULLISH BREAKOUT|LONG|
✅NATGAS is trading in an
Uptrend and we are seeing
A bullish breakout which
Makes us bullish biased and
We will be expecting a
Further move up
LONG🚀
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Trading
GBP-JPY Potential Long! Buy!
Hello,Traders!
GBP-JPY made a retest
Of a horizontal support
Of 195.753 from where
We will be expecting
A local bullish rebound
Buy!
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Check out other forecasts below too!
GBPCHF Short Could be potential opportunities for shorts from these supply zones above price on GBP/CHF to trade back down into the equal lows
LINK Long Spot Trade (Trading at Support)Market Context:
LINK is currently oversold on the 4-hour timeframe and trading in a major area of support, offering a strong opportunity for a long position with a favorable risk-to-reward ratio.
Trade Setup:
Entry Zone: $13.75 - $14.00
Take Profit Targets:
First target: $18.00 - $19.00
Second target: $21.00 - $22.00
Stop Loss: Just below $13.00
This trade capitalizes on the oversold conditions and support alignment, with potential for a strong rebound toward the profit targets.
EUR_NZD RISKY LONG|
✅EUR_NZD is trading along the rising support line
And as the pair is going up now
After the retest of the line
I am expecting the price to keep growing
To retest the supply levels above at 1.8000
LONG🚀
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EUR-AUD Support Ahead! Buy!
Hello,Traders!
EUR-AUD is going down
Now but the pair will soon
Hit a horizontal support
Of 1.6161 from where we
Will be expecting a
Local bullish rebound
Buy!
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Check out other forecasts below too!
CrowdStrike is about to push to ATH's, 60% Move Inbound!CrowdStrike is about to push to ATH's, 60% Move Inbound!
NASDAQ:CRWD is going higher and presenting a buying opportunity!
60% Potential Upside! 📈
In this video, we dive into this Cyber Security Goliath:
💡 Key Highlights:
-Breaking out of Bull Flag
-H5 Indicator: Flashing green for a bullish signal
-Volume Insights: Massive GAP to fill
-Technical Analysis: Consolidation box formed on WR%
Targets:
🎯$399
📏$537
Don't miss out on the potential explosive growth of CrowdStrike! Tune in to see why this stock could be a game-changer!
NFA
USD_CAD GROWTH AHEAD|LONG|
✅USD_CAD has retested a key support level of 1.3950
And as the pair is already making a bullish rebound
A move up to retest the supply level above at 1.4031 is likely
LONG🚀
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Shopify ain't done yet! Pullback then Higher, 50% Move Inbound! Shopify ain't done yet! Pullback then Higher, 50% Move Inbound!
NYSE:SHOP is going higher and presenting a buying opportunity!
50% Potential Upside! 📈
In this video, we dive into NYSE:SHOP , an Ecommerce powerhouse, currently breaking out of a Multi-Year Cup n Handle Pattern!
💡 Key Highlights:
-H5 Indicator: Flashing green for a bullish signal
-Flipping a 4-year resistance area to support
-Volume Insights: Massive GAP to fill
-Technical Analysis: Consolidation box formed on WR%
Targets:
🎯$110
🎯$121
📏$160
🎯$180
Don't miss out on the potential explosive growth of Shopify! Tune in to see why this stock could be a game-changer!
NFA
7 Best Chart Patterns For Trading Forex and Gold
If you are studying chart parts, I prepared for you the list of 7 price action patterns you should never miss.
In this article, I will share with you powerful chart patterns for trading forex or any other financial market.
These patters work perfectly for day trading, swing trading and scalping.
We will study real market examples. I will explain the psychology and meaning of each pattern and explain to you how to trade them.
The first chart pattern that we will discuss is double top.
The pattern is formed on the edge of a bullish impulse.
It is based on 2 equal highs and a higher low between them.
A higher low composes a minor support.
A strong bearish signal is a breakout of a neckline and a candle close below that. Entry is on its retest. Stop loss is above the highs.
Target is the closest strong support.
The bullish version of a double top pattern is called double bottom
The pattern is formed on the edge of a bearish impulse.
It is based on 2 equal lows and a lower high between them.
A lower high composes a minor resistance.
A strong bullish signal is a breakout of a neckline and a candle close above that. Entry is on its retest. Stop loss is below the lows.
Target is the closest strong resistance.
The second powerful pattern is a descending triangle formation.
The pattern is formed on the edge of a bullish impulse.
It is based on at least 2 equal lows and 3 lower highs between them.
A falling trend line should respect the lower highs.
A strong bearish signal is a breakout of a neckline and a candle close below that. Entry is on its retest. Stop loss is above the highest high.
Target is the closest strong support.
A bullish variation of a triangle pattern is called an ascending triangle.
The pattern is formed on the edge of a bearish impulse.
It is based on at least 2 equal highs and 3 higher lows between them.
A rising trend line should respect the higher lows.
A strong bullish signal is a breakout of a neckline and a candle close above that. Entry is on its retest. Stop loss is below the lowest low.
Target is the closest strong resistance.
Chart pattern number 5 - Cup & Handle pattern.
Cup & handle pattern is the variation of a double bottom.
The only difference between 2 patterns is 1 lower low and a consequent higher low, instead of 2 equal lows.
Entry trigger and trade execution rules are absolutely the same as with a double bottom.
Stop loss is strictly below the lower low.
A bearish version of a cup & handle is called an inverted cup & handle.
Inverted cup & handle pattern is the variation of a double top.
The only difference between 2 patterns is 1 higher high and a consequent lower high, instead of 2 equal highs.
Entry trigger and trade execution rules are absolutely the same as with a double top.
Stop loss is strictly above the higher high.
The last and the most powerful chart pattern is the range .
Range is a strictly horizontal parallel channel where the price sets equal highs and equal lows, respecting the support and the resistance of the range.
This chart pattern signifies that the market found equilibrium, a fair value.
A strong bullish signal is a breakout of a resistance of the range and a candle close above that.
Target will be the next strong resistance, stop loss should lie below the lows of the range.
A strong bearish signal is a breakout of a support of the range and a candle close below that.
Target will be the next strong support, stop loss should lie above the highs of the range.
Of course, there are more patterns to study but these 7 are essential .
Your ability to recognize them is the key for accurate price action trading.
Learn to spot these patterns and good luck in your trading..
Let me know which patterns do you want to study in the next article.
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DXY Will Move Lower! Short!
Here is our detailed technical review for DXY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 106.561.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 106.415 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GOLD Is Bearish! Sell!
Take a look at our analysis for GOLD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 2,634.92.
The above observations make me that the market will inevitably achieve 2,574.59 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURUSD Is Very Bullish! Buy!
Please, check our technical outlook for EURUSD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.056.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.057 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPUSD Is Going Up! Long!
Here is our detailed technical review for GBPUSD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.266.
Considering the today's price action, probabilities will be high to see a movement to 1.281.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURAUD Trading Opportunity! BUY!
My dear subscribers,
EURAUD looks like it will make a good move, and here are the details:
The market is trading on 1.6223 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.6280
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
$bonk! another lower timeframe entry is upon usRemember not to be greedy. bitcoin isn't pushing strong so, don't expect different from the rest of the pack
