hello guys! Double Top Formation: The chart clearly shows a double-top pattern, which is a strong bearish reversal signal. The break below the neckline confirms the downtrend continuation. Bearish Divergence on RSI: The RSI showed divergence, meaning the price made a higher high, but the RSI made a lower high. This signals weakening momentum and a likely correction. Support Levels (S1 & S2): S1 (around $0.22) might provide temporary relief, but the main target is lower. S2 ($0.176 - $0.18) aligns with the double top target, making it a critical support zone. Potential Price Scenarios: If DOGE fails to hold at S1, the price may drop to S2, completing the pattern. A strong rebound from S2 could trigger a bullish recovery. Conclusion: The double top breakdown suggests further downside toward $0.176 - $0.18, which could act as a strong support level. Until a clear reversal signal appears, the bearish trend remains dominant. Traders should watch these levels closely! ??
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 71.62 which is a pullback resistance. Stop loss is at 72.20 which is a level that sits above an overlap resistance. Take profit is at 69.58 which is a swing-low support that aligns close to the 127.2% Fibonacci extension level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
This chart represents a technical analysis of USD/JPY (U.S. Dollar to Japanese Yen) on the 1-hour timeframe. Key Insights: 1. Support Zone (Blue Area): The price has reached a key support zone around 151.00 - 151.80. Buyers may step in, leading to a potential bullish reversal. 2. Bullish Projection: The black arrow indicates an expected price bounce from the support zone, targeting 152.50 - 153.00. A possible higher low formation suggests a trend shift. 3. Previous Price Action: The market formed a double-wave correction after a strong bullish move. A break above 152.00 could confirm bullish momentum. Trading Implication: If support holds: Look for buy opportunities with targets at 152.50 - 153.00. If support breaks: The price could decline further toward 151.00 or lower. Would you like me to create a short caption for your channel?
The GBP/USD 30-minute chart shows price consolidation after a strong bullish rally. Currently, the pair is trading within a sideways range between 1.2538 - 1.2640. Key Observations: ? Range-bound price action: The pair is moving inside a rectangular range, indicating market indecision. Trading Plan: ? Sell: Near 1.2630 - 1.2640, target 1.2530, stop-loss above 1.2650. ? Buy: At 1.2530 - 1.2520, target 1.2600 - 1.2640, stop-loss below 1.2510.
? Crude Oil (MCX) 4 HOUR Chart Analysis ? ? Bullish Indicators Identified: Breakout from a descending trendline, signaling potential trend reversal. Price reclaiming the 55 EMA (6211) as a key resistance level. ? Expanding Demand Zone: The breakout structure suggests a shift in market sentiment, increasing the probability of bullish continuation. ? Target Levels: Watching for price movement towards the 6310 zone (Bearish OB). T1 - 6250 T2 - 6300 T3 - 6350 ? Breakout Confirmation: A strong move above 6180 - 6200 will validate the bullish breakout. ? Risk Management: Ensure proper stop-loss placement to manage risk effectively. ? Stay alert for confirmation & volume surge! ? ? Disclaimer: This is a technical analysis based on available data and should not be considered financial advice. Trading involves risk; past performance is not indicative of future results. ❤️ If this helps, please like the post!
USDCHF Analysis: Potential Range Trading Pattern The USDCHF currency pair appears to be forming a significant range trading pattern between 0.8965 and 0.9200, approximately 235 pips. After finding strong support at 0.8965, the price is on the rise again. Notable resistance zones are expected around 0.9045, 0.9080, and 0.9135. However, this time you have to be careful. If the price drops below 0.8965, a larger bearish wave may commence. Therefore, it is crucial to trade with a stop loss and consider this bearish scenario in your trading strategy. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Hello Traders ! The AUDUSD failed to break the support level (0.62040 - 0.61702). Currently, The resistance level (0.62705 - 0.63308) is broken ? This key level becomes a new support level ! So, I expect a bullish move? _____________ TARGET: 0.64700?
#NMR has broken out of the falling wedge pattern on the 12H chart, and the retest is already complete. It has now moved above the Ichimoku cloud and the 12H MA50, which is a strong bullish sign. Targets are: ? $15.61 ? $17.53 ? $19.45 ? $22.17 ? $25.65
? SELL STOP oder ? BUY STOP für GER40? ? Multi-Timeframe-Analyse (M15, H1, H4) 1. M15 (Kurzfristige Dynamik): Der Kurs zeigt eine starke bullische Bewegung mit einer steilen Aufwärtsbewegung. Eine schnelle Korrektur oder ein Pullback ist möglich. Widerstand bei ~22.620–22.630, der bereits getestet wurde. 2. H1 (Mittelfristige Trends): Der Markt hat eine klare Aufwärtstrendstruktur. Kritischer Widerstand bei 22.650, falls durchbrochen, weiteres Potenzial nach oben. Unterstützungszone liegt im Bereich 22.500–22.520. 3. H4 (Langfristige Trends): Kontinuierlich steigender Markt ohne größere Korrekturen. Falls der Preis unter 22.500 fällt, könnte eine größere Korrektur folgen. Nächster wichtiger Widerstand oberhalb von 22.700. --- ? Entscheidung: BREAKOUT ODER REVERSAL? ✅ BUY STOP bei 22.655 SL: 22.600 TP: 22.750 Wahrscheinlichkeit für TP-Erreichung nach Breakout: 65 % Begründung: Bricht der Preis über 22.655, ist eine Fortsetzung in Richtung 22.750 wahrscheinlich. Dieser Einstieg minimiert Fakeouts. ? SELL STOP bei 22.498 SL: 22.555 TP: 22.380 Wahrscheinlichkeit für TP-Erreichung nach Breakout: 70 % Begründung: Wenn der Preis unter 22.500 fällt, könnte eine stärkere Korrektur folgen. Der Einstieg bei 22.498 stellt sicher, dass der Support durchbrochen wurde. --- ? Fazit: Aggressive Trader: Können BUY STOP bei 22.655 setzen, falls der Breakout über den Widerstand kommt. Sicherheitsorientierte Trader: Warten auf den SELL STOP bei 22.498, falls eine Korrektur einsetzt. ? Jetzt beobachten, ob 22.655 oder 22.498 erreicht wird!