FOREX MARKET ANALYTICS
EURO - Price can drop to $1.1280, breaking support level
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments on TradingView (link above)👊
A few days ago price broke $1.1375 level and then entered to triangle pattern, where it at once dropped from resistance line.
Price fell to $1.1375 level, where it some time traded between and then continued to decline to $1.1220 level.
When Euro declined to this level, it at once broke this level and fell to support line of a triangle pattern.
Next, price turned around and in a short time rose higher than $1.1220 level, breaking it and continued to grow next.
Euro rose to resistance line and then corrected, after which it made an upward impulse, thereby exiting from triangle.
Now, price traded inside resistance area, near $1.1375 level, and I think EUR can drop to $1.1280
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EURO - Price can drop to $1.1280, breaking support level
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments on TradingView (link above)👊
A few days ago price broke $1.1375 level and then entered to triangle pattern, where it at once dropped from resistance line.
Price fell to $1.1375 level, where it some time traded between and then continued to decline to $1.1220 level.
When Euro declined to this level, it at once broke this level and fell to support line of a triangle pattern.
Next, price turned around and in a short time rose higher than $1.1220 level, breaking it and continued to grow next.
Euro rose to resistance line and then corrected, after which it made an upward impulse, thereby exiting from triangle.
Now, price traded inside resistance area, near $1.1375 level, and I think EUR can drop to $1.1280
If this post is useful to you, you can support me on Tradingview with like/boost and advice in comments❤️
FOREX MARKET ANALYTICS
GOLD - Price can drop to support line of triangle pattern
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments on TradingView (link above)👊
In this chart price formed a triangle pattern, where it first declined to support line and then made an impulse up.
After this, Gold broke $3165 level and, after a small correction reached and broke $3400 level too.
Then it rose to resistance line of triangle and dropped below $3400 level, breaking it one more time.
Price tried to back up, but failed and dropped more to support line of triangle, after which started to grow.
In a short time price rose to resistance line of triangle, which coincided with resistance level and area.
Now, I think that Gold can drop from resistance area to $3250 point of support line of triangle.
If this post is useful to you, you can support me on Tradingview with like/boost and advice in comments❤️
GOLD - Price can drop to support line of triangle pattern
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments on TradingView (link above)👊
In this chart price formed a triangle pattern, where it first declined to support line and then made an impulse up.
After this, Gold broke $3165 level and, after a small correction reached and broke $3400 level too.
Then it rose to resistance line of triangle and dropped below $3400 level, breaking it one more time.
Price tried to back up, but failed and dropped more to support line of triangle, after which started to grow.
In a short time price rose to resistance line of triangle, which coincided with resistance level and area.
Now, I think that Gold can drop from resistance area to $3250 point of support line of triangle.
If this post is useful to you, you can support me on Tradingview with like/boost and advice in comments❤️
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CRYPTO MARKET ANALYTICS
BITCOIN - Price can reach resistance area and then drop
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments on TradingView (link above)👊
Recently, the price bounced from the $104500 level and rose to the $110400 level, breaking this level and rising a little more.
But then price turned around and started to decline inside a falling channel, where it fell below $110400 level.
Price tried to back up, but failed and when it touched $110400 level, it in a short time declined to support line of channel.
Then price rose above $104500 level and some time traded near this level, but not long time ago it dropped.
BTC broke $104500 level and even fell further and exited from falling channel, after which it started to grow.
Now, I expect that Bitcoin can enter to resistance area and then drop to $100900 from this area.
If this post is useful to you, you can support me on Tradingview with like/boost and advice in comments❤️
BITCOIN - Price can reach resistance area and then drop
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments on TradingView (link above)👊
Recently, the price bounced from the $104500 level and rose to the $110400 level, breaking this level and rising a little more.
But then price turned around and started to decline inside a falling channel, where it fell below $110400 level.
Price tried to back up, but failed and when it touched $110400 level, it in a short time declined to support line of channel.
Then price rose above $104500 level and some time traded near this level, but not long time ago it dropped.
BTC broke $104500 level and even fell further and exited from falling channel, after which it started to grow.
Now, I expect that Bitcoin can enter to resistance area and then drop to $100900 from this area.
If this post is useful to you, you can support me on Tradingview with like/boost and advice in comments❤️