Horazio
PremiumAs the price has bounced from support and technical indicators are leaning bullish, a break above 1.797 could lead to a continuation toward the 1.800 level or higher. A potential long position could be taken if the price breaks and holds above this resistance If the price faces rejection near 1.800, it could be an opportunity for a short position with targets back...
If the price breaks below the 1.076 support level, it could accelerate the move lower towards 1.074 in the near term. Selling the rallies near resistance levels such as 1.089 might be a valid strategy, with stops placed above the 1.100 zone. If there is a bounce from the current support, it might test resistance near 1.089. However, a sustained break above 1.100...
If the price fails to break above 5825 and starts to reverse, it may retest 5755 or drop lower to 5730. A stop loss can be set above 5850. For a bullish scenario to play out, the price needs to break above 5825 and sustain above 5850, targeting 5880 or higher. However, current indicators suggest limited upside in the immediate term without stronger volume support.
The short-term trend for US30 remains bearish unless there is a strong reversal signal. The indicators (RSI, MACD, and ADX) all point towards continued selling pressure. The 42220 is a support level. If it breaks, the price could continue towards lower levels. On the upside, a breakout above 42700 would be required to indicate a possible reversal.
The overall bias remains bearish due to strong downward momentum and bearish divergence signals. However, there is a potential for a short-term recovery if the price can hold above 2710. Watch the support around 2710 for key decision point. IF confirmed on a lower timeframe we may enter long again around 2710. For a small reversal up to 2730, then expect another drop.
Prior to the sell-off, there was some consolidation followed by attempts to move higher. However, the price failed to maintain upward momentum, leading to the current breakdown. The current price action is strongly bearish, and the support at 20135 will be crucial for the next move. A break below this level could extend the bearish trend, while a bounce could lead...
Bearish Bias, Watch for Key Support at 42,469 The market is currently in a bearish phase with strong selling pressure. Immediate support lies around 42,469 - 42,500, and a break below this could lead to further downside. A reversal could only occur if the price holds this support zone and gains bullish momentum with a move back above 43,037.
If the price consolidates above 43,150, it could move toward the 43,900 range. However, if it drops below 42,700, we might see a retracement toward lower support levels. My personal bias is bearish from the resistance
Following the formation of a triple top, the market transitioned into a period of sideways movement, reflecting indecision and consolidation. A breakout has already occurred, and we could witness a short-term retracement toward 0.6675, contingent on the confirmation of support on the 15-minute timeframe. However, if the price fails to hold and reverses downward,...
The overall structure of the USD/JPY pair is bullish, with strong support from the Ichimoku cloud, ascending trendlines, and bullish continuation patterns. The price is currently approaching a key resistance zone around 151.25 - 151.80. A break above this level would confirm the continuation of the uptrend, with targets around 152.00. If the price fails to break...
The overall trend is bullish, and the price is currently consolidating near support levels. As long as the price stays above the $2,730 support zone, on 15 min TF and IF is confirmed If I'll buy it around this zone. The bullish trend is likely to continue, with potential targets around $2,780 - $2,800+ A break below $2,730, however, could signal a deeper...
The overall structure is bearish. The presence of several bearish patterns (ascending wedge, bearish flags), multiple breaks of structure (BOS), and the price staying below the Ichimoku cloud strongly suggests that the downtrend is still in play. The volume analysis further supports this, with higher volume on sell-offs and lower volume during upward...
The chart analysis suggests that the US30 is at a critical phase, with the price testing an important support zone. The possibilities at this point are: Probable Bearish Continuation: If the support at 42,700 fails, a continuation of the bearish movement is very likely, with targets toward 42,500 and 42,350. Short-term Rebound: If the price manages to hold the...
Triangle forming on tf 15 min: if confirmed: Entry Price : 1.2569 SL : 1.2809 TP : 1.1180
At the moment market is choppy and it's hard to say what's a good place to sell, Expecting a reversal anywhere in there are of 1.796 - 1.786, Waiting for confirmations
If the price retrace from the weak support of 1.61 and touches again 1.62 area, then bounces I will consider it a confirmed short, Entry : 1.6200 SL : 1.6260 TP : 1.600
Long on Gold, if the price bounces creating preferably a double bottom around 2670 level, I will consider 2670 a support level and I'll take a Long position, with SL at 2600 and TP above 2700