FLOKI is bearish on its 1W technical outlook (RSI = 34.609, MACD = 0.000, ADX = 19.895) hitting this week the bottom of the 3 year Bullish Megaphone. The 1W RSI is posting a sequence similar to the previous bottom on September 11th 2023. Technically a rally of identical proportions should begin to price the Cycle Top. TP = 0.0010. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
After a strong bullish rally, EUR/USD has approached a major weekly resistance zone around 1.1295, a level that has held multiple times since 2023. On the weekly timeframe: Price has tapped into this resistance area and is showing signs of hesitation. The RSI is at 67.59, approaching overbought territory. A solid move has already played out, and we could be looking at a potential mean reversion move. Volume has spiked, indicating possible distribution. I've placed a short position at the current level, targeting a move back toward the 1.0950 area – near previous consolidation and the rising 21-week SMA (now at 1.0560, gradually catching up). Stop loss: 1.1295 Take profit: 1.0950 Risk: -2.25 CAD on a 20,000 unit position This setup offers a decent risk-to-reward ratio, and I'm closely watching how price behaves around this resistance. If the level breaks with momentum and volume, I’ll re-evaluate the bearish bias. What do you think? Do you see EUR/USD pushing through or rejecting hard from here? #EURUSD #Forex #TechnicalAnalysis #SwingTrade #Resistance #RSI #WeeklyChart #ShortSetup
JUP is showing strong signs of oversold conditions and is now approaching a major support zone ($0.22 – $0.30). This area offers a favorable risk-to-reward opportunity for a bounce if buyers step in. ? Trade Setup: Entry Zone: $0.22 – $0.30 Take Profit Targets: ? $0.4050 ? $0.4467 Stop Loss: Just below $0.20
next move see in the screen if it breaks it should go to the 2 fib. macd looks positive. this should be a good trade. you can also book some profit and let it ride daily also looks with more bullish momentum
EURCHF is bearish on its 1D technical outlook (RSI = 32.579, MACD = -0.004, ADX = 41.175) being on a strong bearish wave inside its Channel Down. We estimate to complete a symmetric -8.33% decline from the top, as the previous wave did (TP = 0.91100). See how our prior idea has worked out: https://www.tradingview.com/chart/EURCHF/4f4UyYNH-EURCHF-Hit-the-1D-MA200-Rejection-imminent/ ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
ULTA SHORT. Down Trend Continuation.Trendline Break. Nice R/R. Tight Stop
As I mentioned earlier: https://www.tradingview.com/chart/BTCUSDT/mMSNOZ7e-Sold-Trump-sold/ It’s still too early to buy. The Trump family hasn’t fully exited yet — I believe we’ll see lower levels ahead. It’s wiser to wait until tomorrow.
Welcome back dearest reader, This is going to be a short one, all information is in the chart above. Total 3 has been in a Massive Cup and handle formation. Measured from the base of the cup till the top of the handle gives us a ''total 3'' price target of 1.5T$ which is 100x from here. If you were to do a different analysis and like flags more then we come to the same price target of 1.5T$ (Blue bars). Price action is now retesting resistance from march 2024 as support. When this is done i expect blast-off mode. ~Rustle
Mostly I believe the Main trend is Bearish and the Main IDEA represents the same... small bullish movement is happening... (hope to be true...)
Canadian Dollar Currency Index 3rd bottom and super depreciated currency, we expect an increase.