BINANCE:NEARUSDT We have a rebound from an important support zone I think it will have good movement after crossing $3.9, $4 and back above the line . This is just an opinion about the currency and is not considered investment advice. Your decision is your responsibility
- GBPUSD broke resistance zone - Likely to rise to resistance level 1.2720 GBPUSD currency pair recently broke the resistance zone between the key resistance level 1.2530 (which has been reversing the price from the start of January) and the 61.8% Fibonacci correction of the downward impulse from December. The breakout of this resistance zone accelerated the active medium-term impulse wave (C) from the end of January. Given the strongly bearish US dollar sentiment seen today, GBPUSD currency pair can be expected to rise to the next resistance level 1.2720.
NVIDIA Bullish Setup! ? NVIDIA remains in a strong uptrend, respecting its trendline support and showing bullish momentum leading into its earnings report on Feb 26. With buyers stepping in at key levels, a push towards the $150 target looks likely in the short term! ? Current Price: $137 ? Why bullish? ? Strong long-term uptrend ? ? Buyers defending higher lows ? ? Anticipation of earnings momentum ? ? My personal target: $150
The very bad condition of Nifty has rung the alarm bells
My insight on EURJPY is short due to lower Highs being created on a bigger TF showing that pricing is trending downwards.
Could be seeing another pop up to all time Highs if we breakout from this wedge wouldnt expect an immediate move straight up maybe breakout retest resumption
Time to update this chart with a new base channel here as it made a significantly technical pull back to the 618 and a move to the -236 indicating algo participation. If it breaks above this base channel then it's more likely that a larger impulse wave is in progress, with the breakout required for a wave 3 of an impulse. That's not to say it couldn't just meander up this channel till it gets its upper targets way up at the 1.43-44s. But certainly the breakout would make that much more likely. For now though the 1.34-35 area is in contention. Not sure it will come back to the 0 on the white fibonacci for any entries or addons but maybe the level at 1.257 will become support. With the interest rates now about equal, it's also not too pricey to hold this long either.
Dow Jones may be headed towards the top, because the indice broke through a bearish channel (maroon trendline) at 44500, simultaneously finding nearby resistance at 44750. Price action retested the breakthrough point and is currently finding stability above it as indicated by the (green trendline). Remaining above 44500, the indice may be headed toward 44750, 44900, and 45035. Alternatively, breaking the green trendline and failing to rise may yield a fall in price action and retest nearby support barriers. On the 4hr and 1hr, the price is moving between 45065 and 43780. A break of either zone may also yield where the indice might be headed for a long-term perception.
- EURNZD reversed from long-term resistance level 1.8495 - Likely to fall to support level 1.8200 EURNZD currency pair recently reversed down from the major long-term resistance level 1.8495, which has been reversing the price from the middle of 2023, as can be seen below. If the pair closes today near the current levels it will form the weekly Japanese candlesticks reversal pattern Shooting Star – a strong sell signal for this currency pair. Given the strength of the resistance level 1.8495 and the bearish euro sentiment seen today, EURNZD currency pair can be expected to fall to the next support level 1.8200.
AI16Z/USDT 1H: Consolidation Nearing Breakout – Next Leg Above 0.58? ? Follow me on TradingView if you respect our charts! ? Daily updates! Current Market Structure: Price currently in consolidation after rejection from the 0.52 level, showing signs of an accumulation pattern. Ascending triangle formation with higher lows, indicating potential bullish buildup. Market Maker Activity: Accumulation evident in the 0.44-0.46 zone with multiple CHoCH formations signaling institutional interest. Current price action suggests the distribution phase is nearly complete, setting the stage for a breakout. Technical Indicators: Hidden bullish divergence on RSI (in the 40-50 range) supports the potential for a reversal and further upside. Trade Setup (Confidence 7/10): Entry: Consider entering at 0.48 upon breakout confirmation with supportive volume. Targets: T1: 0.52 T2: 0.58 Stop Loss: Place below recent support at 0.445. Risk Score: 7/10 – Promising structure with favorable risk-to-reward, but wait for volume confirmation above 0.48. Recommendation: Long positions are recommended once the breakout above 0.48 is confirmed. Monitor volume closely to ensure the move is supported, as the accumulation phase appears to be transitioning into a markup phase. ? Follow me on TradingView if you respect our charts! ? Daily updates!