BINANCE:ATOMUSDT One of the currencies that is still on a downward trajectory and has not yet taken its right, I think it has been squeezed heavily and has returned to a very important bottom and we notice its behavior in previous times when it touched the same bottom. It will not experience a large movement unless it breaks the $10 zone which is considered the last high and at the same time an exit point from the downtrend. Note: This is just an opinion about the currency and is not considered investment advice. Your decision is your responsibility ..
A possibility. Another possibility also exists but this one looks fine.
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On a macro perspective we have the same view on the Eurozone : weak growth, neutral rates, lower inflation, etc. The EURO is an unattractive currency and is unlikely to find new buyers in 2025 at least until H2. On the technical side of things this trade is remarquable : 1. Head and Shoulder pattern 2. Death cross + retest of 50 MA 3. 4 touches of 155-156 area (likely to break anytime soon) These are all beautiful confirmations of a trend reserval. Stay safe with your position and always remember the bigger picture.
Market Context: SUPER is trading in a key support zone, offering a high-probability long entry. If support holds, we anticipate a bullish continuation toward key resistance levels. Trade Details: Entry Zone: $0.58 - $0.78 Take Profit Targets: $1.00 $1.34 $1.60 Stop Loss: Daily close below $0.54 This setup provides a strong risk-to-reward opportunity, aligning with broader market sentiment. Monitor price action for confirmation! ??
gold confirms day sell point here is the upcoming moves
Dow Jones is neutral on its 1D technical outlook (RSI = 53.301, MACD = 170.540, ADX = 30.319) as it is trading sideways on top of the 1D MA50 for the past 2 weeks. The long term pattern is a Channel Up that every time it rebounded on a HL bottom and hit the R1, it always pulled back again to test the 1D MA50. Consequently, this is a necessary technical correction that will allow the index to attract enough buying momentum again to go after a new HH. Aim for a minimum +8.41% increase (TP = 46,600). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
XAUUSD GOLD update | H4 Timeframe ? After achieving 200 Pips on XAUUSD The observation point and trendline set on the behalf of technical analysis ❗️ - We observed that market reject that point and still in bullish bias but closing of h4 candles matter if candles closed above then 2906.00 area we will see the gold again at 2930.00 level besides if closing below this region we are expecting to break the trendline further on 2860.00 last benchmark? #XAUUSD
Gold: Poised for Movement Ahead of Chair Powell's Testimony From yesterday's analysis, our price reached all three targets as shown in the chart. Currently, the price is testing a strong support zone near $2,882, and the chances of a rise are very high. However, today marks the beginning of Federal Reserve Chair Jerome Powell's two-day testimony on Capitol Hill. You may watch the analysis for further details! Thank you.
Making High Resistance we are Bearish but we are also Bullish because we come from Support i recommend to see what liq will be taken pref. sellside sweep after a MSS bullish and to push a little Higher, if we see some drops the probability is higher take that local +OB below liq beeing taken out