The asset has formed a Symmetrical Triangle pattern, with the price continuing to move between its boundaries. A breakout of either boundary could determine the next direction of the price.
The price is currently testing the upper boundary of the triangle and the 0.8100 resistance level.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€24π4β‘2β2π₯2
The asset has stopped making new lows and has started to recover gradually. The price is now moving toward the 154.29 resistance level, while the Parabolic SAR indicator is also showing a buy signal.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
π18β€13π€£1
The asset has formed a bearish Double Top pattern. Each new low and high is lower than the previous one, indicating strong selling pressure. The price is currently testing the 7625 resistance level.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€22π6π₯4π1
In finance, a moving average (MA) is an indicator commonly used in technical analysis. Calculating an asset's moving average is to help smooth out the price data by creating a constantly updated average price and identifying a trend direction.
By calculating the moving average, the impacts of random, short-term fluctuations on the price over a specified time frame are mitigated. Simple moving averages (SMAs) use a simple arithmetic average of prices over some timespan. In contrast, exponential moving averages (EMAs) place greater weight on more recent prices than older ones over the period.
How to Choose a Moving Average for Your Strategy?
The choice of moving average depends on your trading style. Here are the most popular moving averages for different types of trading:
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€50π₯8π―3
#MarketNews
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€27π6π4π―2
The asset is in a downtrend. The price has broken below the Bearish Flag pattern and consolidated below the MA-200, indicating weakness among buyers. The price is currently testing the 1.3503 support level.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€28π8β‘4
The asset has formed a Bearish Head and Shoulders pattern, which is particularly clear on the D1 timeframe. Globally, the price remains in a downtrend, confirming the strength of sellers.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€27π9π₯°2β‘1π1
Anonymous Poll
43%
55%
6%
π22π8β‘5π3β€2π€―2π€2π₯°1
This media is not supported in your browser
VIEW IN TELEGRAM
Actual β 0.3%
Expected β 0.2%
Previous β 0.2%
Actual β 2.4%
Expected β 2.4%
Previous β 2.5%
Actual β 0.4%
Expected β 0.4%
Previous β 0.1%
Actual β 3.4%
Expected β 3.4%
Previous β 3.4%
Please open Telegram to view this post
VIEW IN TELEGRAM
β€31π₯9π€4
Harmonic patterns are a type of chart pattern that uses Fibonacci levels to predict potential future price movements. These patterns are named after creatures like the Bat, Butterfly, Crab, Cypher, Gartley, and Shark, which represent different market conditions.
#Education
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€51π6
#MarketNews
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€33π5β‘4π₯3
The pound remains in a downtrend. The price has consolidated below the MA 200, while each new high and low is forming below the previous one, indicating continued selling pressure.
The price is currently testing the key 1.3474 support level.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€25π7
The asset has formed a bullish Double Bottom pattern. The price is making higher highs and higher lows, indicating strong buying pressure. The asset is currently testing the 154.60 resistance level.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€32π7π₯7π₯°4π1
The asset has formed a bearish Head and Shoulders pattern. The price is currently testing the 4278 support level. Each new high and low is forming below the previous one, indicating weakness among buyers and increasing the probability of further downside.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€32π32π―7β5π₯2
The asset is showing a strong downward move. The price is currently testing the 1.1538 support level. Although the RSI indicator is showing oversold conditions, the risk of further downside remains.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€20π20π₯3β‘2
Anonymous Poll
76%
23%
8%
9%
β€37π15π€6
#MarketNews
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€24π13π10π₯2
The asset has broken out of the ascending channel to the downside. The price has broken the market structure and is now moving in a downtrend. The asset is currently testing the 0.5765 support level.
#Forecast
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
π₯19β€11π8β‘2
Oil prices remain elevated as geopolitical tensions and supply disruptions continue to support the market. Each new high and low is forming above the previous one, indicating strong buying pressure. The asset is currently testing the 106 resistance level.
#Forecast
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€23π3π₯3π₯°2
The trend impulse (growth wave) has a 5-wave structure, consisting of 3 waves of growth
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€35π8π₯7
#MarketNews
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€32π₯8π4