A squeeze on the Bollinger Bands could be happening in the coming days. This usually indicates consolidation, and an exit from such a pattern is generally explosive. You can see that it has already happened once on Pi. So, a good squeeze on the BB followed by a breakout of the 'bounce zone' would be a strong long position, with a stop-loss (SL) around 1.6. The previous analysis suggested a long position, but the price did not respond accordingly to the support, so I hope you didn’t enter a long position. That's it for today. Have a good week, guys!
GER30 is bullish and broke upside from bullish rectangle. Buy on retracement.
As soon as the price broke the bullish parallel channel, the price dropped sharply and indicated a shifting of trend from bullish to bearish. Right now, the price is making a bearish flag pattern, so it is a good opportunity to avail healthy RR. I have also opened a short position on the chart and am aiming at 1:2 RR, which is also equal to the projection of the bearish flag projection
**XRP/USDT – 15-Minute Chart Analysis** The price experienced a sharp breakout, followed by a pullback to a key resistance zone around **2.7250 - 2.7300**. A descending trendline is acting as resistance, aligning with this area. If the price fails to break above this level, it may continue its downward movement, potentially targeting the **2.5900** range. The overall structure suggests a bearish bias unless a significant reversal occurs. Monitoring price action around this resistance zone will be crucial in determining the next move.
Disclaimer: This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
So far price is setting up for a trend day based on how it is looking. I will wait for a pullback down to the Low of Day and or the Daily open for NY to open. A trend day starts off with NY opening.
Hello Guys Here Is Chart Of XAUUSD in 1-H AT Sell Entry: Below 2876 Resistance: 2876 - 2880 Target: Around 2840 - 2835 Break-even: Move SL to entry point if price reaches 2850. Stop-loss: Above 2888. Would you like a deeper breakdown or risk management strategy then visit my telegram Chennel
Profit securing trade. i hope you make good profit. Three things to consider. 1-Buy whenever it reaches that price no wait or earlyness. 2-Dont hesitate to sell in super profit 3-Comment and also share this setups accuracy
Here are my potential trades... it looks like we are seeing a bull trap. The retracement phase is still going imo, so the trend should still be bullish. A small pull back and then expecting a big rally towards 4.41 or even a whopping 4.6
Eth wasnt that bullish as it was expected to go bullish before. three things to keep in mind. 1-Short from above level is super accurate. 2-Long is also accurate and can give you super tp. 3-Enjoy and comment your review and my accuracy