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FXS/USDT bullish horizon ascending channel? 🚀FXS Analysis💎 Paradisers, focus on #FXSUSDT as it climbs within an ascending channel, primed for an impactful surge from its demand zone 💎 #FLAXSHARE has recently hit a wall at $8.346, triggering a pullback. From the support of the ascending channel and having gathered downward liquidity, it's now showing robust momentum marked by striking green candles, hinting at a forthcoming leap over resistance. Keeping up this pace could ignite a notable bullish rally, breaching critical resistance points. 💎 In the ever-evolving crypto landscape, the ability to pivot and adapt strategies is key. Should #FXS face challenges at this pivotal demand zone, a strategic shift might be in the cards. Anticipate a bullish rebound from the alternative demand level at $6.814, with a descent below this threshold potentially signaling further declines.
Long
by MyCryptoParadise
8
NZDCAD: Your Trading Plan For Today 🇳🇿🇨🇦 NZDCAD is currently approaching a peculiar zone based on a key horizontal support and a solid rising trend line on a daily. Your confirmation to buy will on an hourly time frame. 0.8285 is the neckline of a double bottom formation. We will need an hourly candle close above that to confirm the strength of bulls. We can buy the pair then anticipating a bullish movement at least to 0.831 ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
AUDUSD Targeting Double Top ResistanceHi Traders! AUDUSD looks bullish as it targets the double top resistance on the 4H chart. Here are the details: Since breaking and closing above the 20 EMA, the price action has been aggressively bullish, and the market is now in an ascending price channel and is near the double top resistance at 0.65430. The plan here is to buy market dips at retracement levels to target 0.65430. Preferred Direction: Buy Resistance: 0.65430 Support 1: 0.64804 Support 2: 0.64428 Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
USDJPY Approaching 150Hi Traders! USDJPY is near the psychological 150.000 level, and it looks to possibly re-test its 3-month high at 151.911.  Here are the details: Looking at the price action, it looks bullish; the bull flag, along with the previous yearly high, has broken. The next big test is as the market approaches the 150 handle. There may be some strong resistance here, as this is the first time this year the market is approaching the 150 handle. As long as the market is still above the 20 EMA, our view will remain bullish. The plan here is to monitor the price action near 150; if there is a momentum break and a close above 150, then 151. 911 is the next big target. Preferred Direction: Buy Technical Indicators: 20 EMA Resistance 1: 150.000 Resistance 2: 151.911 Support: 148.808 Please make sure to click on the like/boost button, 🚀as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
AUDUSD Bear Flag PatternHi Traders! There is a bear flag pattern developing on the AUDUSD 3H chart. Here are the details: The price action looks bearish, and the market is currently in a consolidation phase in the flag's channel as the flag pattern is in its early phase. The market is still below the 20 EMA, which is a bearish signal. As long as the market remains below the EMA and flag channel resistance, we will remain bearish on this pair. Preferred Direction: Sell Resistance (FLAG CHANNEL): 0.65435 Support (FLAG CHANNEL): 0.64856 Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
USDJPY The Dollar Looks UnstoppableHi Traders! USDJPY looks to be targeting the 150.000 psychological level long-term, as the US dollar currently looks unstoppable. The market is also about to break its bull flag formation. Here are the details: After consolidation in the bull flag pattern, we have now had huge bullish momentum, and the next target is the current yearly high at 148.808. The fundamental news also supports our bullish view. Earlier today, the NFP announcement came in at a staggering 353K, which was surprising and much better than the expected forecast of 187K. Traders will read this as massive strength for the US dollar. We are now looking for a break and a close above the yearly high at 148.808. Preferred Direction: Buy Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
NZDUSD Ascending Triangle Possible BreakHi Traders! An ascending triangle is forming on the NZDUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bullish due to the market swings; the lows and highs are starting to get higher, and additionally, the market has broken and closed above the 20 EMA. As long as the market is still above the 20 EMA, our view will remain bullish. We expect some more consolidation before a possible third attempt at the trendline resistance. Preferred Direction: Buy Technical Indicators: 20 EMA Resistance: 0.61489 Support: 0.61186 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
EURCHF: Potential Pullback Trade Explained 🇪🇺🇨🇭 EURCHF is currently consolidation within a strong horizontal support. To buy the pair with a confirmation, wait for a bullish breakout of a resistance of the range on a 4H time frame. 4H candle close above 0.9362 will confirm a violation. A bullish continuation will be expected at least to 0.9385 then. If the price sets a new lower low, the setup will become invalid. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
EURUSD Possible Falling Wedge BreakHi Traders! A falling wedge is forming on the EURUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the wedge, as the market is looking for a direction. Looking at the price action, it looks bullish; we have had multiple tests at the trendline support and have broken above the 20 EMA. The market is currently on the trendline resistance, and we are looking for a break and a close above the trendline. As long as the market stays above the 20 EMA, our view will remain bullish. We expect some more consolidation before a possible attempt at the trendline break. Preferred Direction: Buy Technical Indicators: 20 EMA Resistance: 1.08501 Support: 1.07960 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
GBPUSD Possible Triangle BreakHi Traders! A symmetrical triangle is forming on the GBPUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bearish; we have had multiple tests at the trendline support and have broken below the 20 EMA. The market is currently trading on the trendline support, and we are looking for a break and a close below the trendline. As long as the market stays below the 20 EMA, our view will remain bearish. We expect some more consolidation before a possible attempt at the trendline break. Preferred Direction: Sell Technical Indicators: 20 EMA Resistance: 1.26947 Support: 1.27674 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly.
Short
by BluetonaFX
1
EURUSD Bear Flag PatternHi Traders! There is a bear flag pattern on the EURUSD 4H chart. Here are the details: The price action looks bearish, and the market is currently in a consolidation phase in the flag's channel. The 20 EMA has been broken, and we are getting bearish momentum candles forming, and we are awaiting a possible test of the flag's channel to the downside. Preferred Direction: Sell Resistance: 1.09160 Support: 1.08566 Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX