Intel, which has received a very strong reaction, I think it will now try the above prices. Especially the last 3 dips it made look good. We can also expect a rapid rise when it breaks the falling resistance. I think pullbacks will be a buying opportunity. The 29 area awaits as a serious resistance.
These are the 2 scenarios that I see for AUDJPY on the 4h timeframe. Scenario 1 - Deeper Pullback and Continuation: In this scenario, the price could initially drop further from current levels around 96.24, potentially reaching the 95.50 area, forming a deeper pullback. This move would shake out some weak longs and create a stronger base for the next move up. After this deeper correction, the pair could find strong buying interest and initiate a significant bounce, potentially targeting the recent highs around 98.50-99.00. This scenario would align with the overall consolidation pattern we've seen in recent months. Scenario 2 - Orange Box Retest: The alternative scenario shows price moving down to retest the orange box support zone around 94.00. This would represent a more bearish development, as it would mean breaking below the recent swing lows. The orange box appears to be a significant support area, and reaching this level could trigger one of two responses: either a strong bounce from this major support zone, or if the support breaks, it could lead to a more substantial decline. The reaction at this zone would be crucial for determining the pair's medium-term direction. Both scenarios suggest some downside in the near term, with the key difference being the depth of the pullback and the subsequent reaction at these lower levels.
CRYPTOCAP:LINK previous trade idea update. Here took FVG then went up to 3-4% profit then again went down during CPI news, took the previous day liquidity and went up to almost 8% profit. In this trade we made some profit on the first 3-4% move. ? What’s next:- after taking the previous day's liquidity it did MSS with repainting bullish FVG. Where we can long for other long opportunities.
https://www.tradingview.com/x/xq6rv7lT/ Here is our detailed technical review for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 107.865. The above observations make me that the market will inevitably achieve 110.063 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/CZCjpA27/ Take a look at our analysis for BITCOIN. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 95,942.4. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 99,724.2 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/C01MtwjC/ Please, check our technical outlook for EURNZD. Time Frame: 30m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.845. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.841 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
There is nothing much to explain I expect the market to sneeze so I set a limit order at the eq of this nice juicy orderblock, sl below a low from nov 24, will adjust the take profits along the way if I get a fill. I did 2% of IM w 5x lev. GL
https://www.tradingview.com/x/6WUFuqKJ/ Here is our detailed technical review for NZDCAD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.805. Considering the today's price action, probabilities will be high to see a movement to 0.803. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
this strategy based on febonacci leets check what will happen
EURJPY is going for a ride down to hit FVGs and pois, possibly making a new low