ChampsMoneyConcepts

ChampsMoneyConcepts Apr 15, 2024

EURJPY created a rising wedge pattern and we witnessed a breakout and pullback on the structure. Here I expect a further decline in the prices once the price has done with its pullback formation.

ChampsMoneyConcepts Apr 15, 2024

Here I witnessed a clear breakout and pullback on the major structure of the bullish channel on this pair. If the pullback formation here creates enough volume for another downward shift, then we may see a further decline toward the 38%-50% fib region.

ChampsMoneyConcepts Apr 13, 2024

XAUUSD has recently laddered up with a perfect bullish channel where we witness a breakout with the recent massive sell off happened on Friday. If the price remains bearish biased we may see a further decline in prices for one more time back towards the picked up key zones.

ChampsMoneyConcepts Apr 13, 2024

Bitcoin has created a nice ascending triangle under the hourly timeframe where we are required to wait patiently for a breakout confirmation to determine the next direction that BTC may take in the next few days. Here we witness a fake breakout earlier on the minor resistance formed, which is indicating that BTC has a strong selling pressure aligned above this...

ChampsMoneyConcepts Apr 10, 2024

Ethereum has done a nice rally since our long entry taken with the double-bottom trade setup earlier. Now we witness a nice rally with a strong trend breakout. The price has followed a retracement/pullback back towards the trend line. We may experience a reversal from here back towards the previous highs held up at $3700 and $4000

ChampsMoneyConcepts Apr 10, 2024

Bitcoin has recently done a fake breakout on the upper boundary of the triangle formed. Here we are expecting a price fluctuation inside the triangle for some time under the hourly timeframe. We should watch closely on this triangle for a possible breakout confirmation. Highs probability for a bullish breakout and a rally since we are on a strong bullish trend at...

ChampsMoneyConcepts Apr 8, 2024

EURUSD has created an expanding channel where we are now waiting for the price to confirm a bullish breakout on the expanding channel and as well as on the key level highlighted. Here we are expecting a rally towards the 1.098 region next where we witness the next hourly resistance being held.

ChampsMoneyConcepts Apr 8, 2024

Bitcoin has done a trend breakout which was expected to happen since the price lift from $64500. I am expecting a rally from here towards the ATH or even higher level targeting close or above $85k.

ChampsMoneyConcepts Apr 8, 2024

The price has once again found its support on the highlighted key level where I believe the price will further continue to fall with a clean bearish breakout on the highlighted level. For this to happen, we are required to confirm a bearish breakout first before attempting to do any sell-off. Also on the bigger picture, the price has created a double top...

ChampsMoneyConcepts Apr 7, 2024

Even though the price of NVDA has done a bearish breakout on the expanding channel, the price remains under pressure inside a consolidation zone. Here we must wait for the price to confirm another bearish breakout below the lower boundary to validate the bearish projection. Here I am expecting a downward shift back towards the key level held on the bottom.

ChampsMoneyConcepts Apr 7, 2024

Here it is very clear that the price of Tesla has once again revisited the daily support identified. Now I am expecting to see a potential reversal based on how the price has reacted over this highlighted zone earlier. Additionally, I have sketched down the price action inside a falling wedge pattern which also supports the bullish projection.

ChampsMoneyConcepts Apr 7, 2024

Witnessed a double bottom pattern on the support where we are likely to see a bullish trend created ahead with the breakout confirmation identified. Expecting a revisit back towards the trend line zone or breaking above it for a retest back up above the previous swing high.

ChampsMoneyConcepts Apr 6, 2024

📈Solana : Trade Setup Solana has confirmed a breakout on the consolidation where it also got back inside the support and retesting the level for a possible reversal up ahead. Expecting a short term rally towards $180 region Next.

ChampsMoneyConcepts Apr 6, 2024

Bitcoin has confirmed a trend breakout recently, But for the moment price still remains above the level with the pullback created by the price. Here we are expecting a downward shift in the prices towards the bottom level of support identified. Since there we witness a possible retracement back towards the 100MA as well. The following pattern is a clear double top...

ChampsMoneyConcepts Apr 5, 2024

AUDCAD has approached the 4h supply zone created with the recent trend breakout identified. Here we expect to see a potential reversal back towards the trend line or previous OB following the selling pressure. This is expected to follow a retracement close to 38%-50% on the Fibonacci.

ChampsMoneyConcepts Apr 3, 2024

Price of BTC has dumped with a bearish breakout on the previously identified consolidation. Here once again we witness a clean trend breakout with a double top formation, which is likely to create a further decline up ahead. We expect a revisit back on the bottom support highlighted.

ChampsMoneyConcepts Apr 1, 2024

Spotted a very clear triple bottom structure which indicates a potential rally with the breakout confirmation identified. Here we witness a healthy pullback which is likely to bring up a strong bullish sentiment ahead.

ChampsMoneyConcepts Mar 30, 2024

Watch for a breakout on this hourly consolidation. Here I expect to see a decent bullish breakout while the price of BTC may find support on the highlighted zone one more time. This breakout will push back the prices close or above FWB:73K