The 12 month chart shows price reacting from a strong demand zone though the price is yet to contact the unmitigated supply at 2.4 price handle. On the monthly chart, price has created a bearish order flow indicating seller pushed price to the identified 12-month demand zone at 1.44 price handle. The internal structure on the monthly charts shows price struggling to create new highs, indicating bears are still in control of this market. On the weekly charts, the market structure shows a short term bullish correction within a larger bearish swing structure. We have several bearish change of characters indicating bears are still controlling this market. Presently, price has formed higher highs and is correcting targeting the unmitigated zone at 1.89. If price pushes further below 1.85, we will have confirmation of bearish market structure targeting the 1.71 price handle. The Daily chart confirms bearish order flow, we will wait for bullish price correction thereafter place our sell limits targeting the unmitigated demand on the weekly chart.
I think sklz is gonna be a solid stock in the coming years , handled the downfall and covid relapse well. Im holding on since 2021-2022 avging down! Feeling hopeful for this onward and upward has solid support 4.90-5.18
EURJPY With price action back below the 200 day ema after another lower high established we can expect prices to retreat in line with previous set ups. In the analysis we must trust.
Per personal rules done for the week but was happy to see a trend change after getting stopped out.
GBPCAD appears to be oversold following a recent decline, with the pair reaching a solid horizontal daily support. After testing this support, the pair was consolidating within a narrow range on a 4-hour time frame. The recent break of the resistance within this range indicates buyers strength and suggests a likely pullback. The target for this pullback is 1.7691.
A buy signal for BTCUSD is generated at an entry level of 98,700. The take profit level is set at 101,501, where traders can look to secure profits. A stop loss is placed at 95,296 to limit potential losses if the market moves unfavorably. Traders should monitor market conditions closely to ensure the price reaches the desired take profit level. Proper risk management is essential to minimize potential losses in case the price does not move as expected. Additionally, BTC/USDT is highly sensitive to market sentiment, especially with ongoing macroeconomic events influencing cryptocurrency volatility. Traders should stay informed on news and technical patterns that may impact the direction of BTC/USDT
as per my previous outlook went as expected gbpusd shorts majorly lots of liquidity below
A good opportunity for a great growth, get ready to launch
https://www.tradingview.com/x/mFC8HE0h/ My dear subscribers, This is my opinion on the GBPCHF next move: The instrument tests an important psychological level 1.1190 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.1256 My Stop Loss - 1.1159 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
india leading IT company waiting for result , my chart its only for knowledge sharing not for trading purpose