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HelenP. I Bitcoin can reach resistance level and then start fallHi folks today I'm prepared for you Bitcoin analytics. The chart shows how the price rebounded from the trend line and tried to grow, but at once fell back and soon made a strong impulse up. BTC rose to the 91300 support level, which coincided with the support zone, and tried to break this level, but failed and some time traded in the support area. Later, the price finally broke this level, made a retest, and continued to move up to the resistance level, which coincided with the resistance zone and even entered to this area. Some time later, the price turned around and dropped to the support level, exited from the resistance area, after which turned around and rose back to the 98000 level. BTC some time traded below this level and not long time ago dropped to the trend line. Now, the price is located near this line, so, in my mind, BTCUSDT will grow to the resistance level and then start to decline to the support level, breaking the trend line. For this case, I set my goal at 91300 level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
8
HelenP. I Gold will fall to trend line and then continue to riseHi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price traded inside consolidation, where it at once fell to the resistance zone, which coincided with the resistance zone. Price some time traded inside this zone and then rose to the top part of the range, after which turned around and declined back to the resistance zone. Later, the price broke the 2720 resistance level, exiting from consolidation, and continued to fall next. But Gold tried to grow and failed, after which dropped tothe 2605 support level, which coincided with the support zone and even broke this level. Price fell to the trend line, after which started to grow and soon reached the support level again. Gold broke this level one more time and continued to move up until to resistance level. When the price reached this level, it at once turned around and made an impulse down to the trend line, which coincided with the 2605 support level. A not long time ago price continued to grow next, so, in my mind, XAUUSD will fall to the trend line again and then rise to the resistance level. That's why I set my goal at a 2720 resistance level. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
2
HelenP. I Gold will break support level and fall to trend lineHi folks today I'm prepared for you Gold analytics. In the chart, we can see how the price dropped to the support level, which coincided with the support zone and then started to grow. In a short time, Gold rose to 2665 points and then made a small correction, after which continued to move up. Later, the price rose to the 2720 resistance level, broke it, and started to trades inside consolidation, where it some time traded near this level in the resistance zone. Then Gold rebounded up to the trend line, which coincided with the top part of the range and started to decline between this line. In a short time, the price fell to the 2720 level and later made impulse down, thereby breaking this level and exiting from consolidation. Also, the price broke the trend line, but soon backed up and then continued to decline. Later, the price dropped to the support zone, breaking the trend line one more time, after which a not long time ago rebounded from this area, breaking the trend line one more time. Now, I expect that XAUUSD will rise a little and then drop to 2555 points, which coincides with the trend line, thereby breaking the support level. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
3
EURJPY LONGEURJPY has been moving in a down trend for serval day. Current price action suggests that the pair might be in for a short term bullish correction. The patterns we spotted which are in line with our short term up trend basis include an inverse head and shoulders pattern in Daily and H4 time frames with the H4 being the more clearer. We have also spotted a trendline breakout, close and retest followed by a change in market structure by the breakout, close and retest of our key level. The target for this particular trade is around the 132.6**The risk reward for the trade currently stands at around 6.81 to 1. We plan to hold this particular trade until out target is reach or close manually as per the rules of our trading plan.
Long
by NDOBObanks
2
#AMZN Is This The beginning of Amazon?- AMZN looking like an amzing falling wedge, I believe its done with its long abcde correction, as well bounced looking to be bouncing off the trendline here soon witht he fibs. - Not a strong confirmation as ER is around the corner and it can actually be the reason why it can actually can drop hard instead of following this bullish wave count. - ER should determine the direction of Amazon. - I am not too confident on this one i would like to as FAANG is looking extremely weak
NASDAQ:AMZNLong
by Raulf-m
2