Blog

This EURNZD chart highlights a consistent price movement pattern that repeats over time, providing a reliable structure.
It’s a clear pattern repeating consistenly and succesfully the last 3 times.A break of the trend line followed by a pullback showing rejection.Right now the pattern is incomplete.If the followup will show us another pullback with rejection than it might make a good candidate for a long entry with a decent R/R

USD/CHF has been in an accumulation phase for over a month, making new highs and showing strong rejection at the lowest low from December. From a technical standpoint, it looks like a good time to buy. You could place a stop order to catch the move without missing out or wait for a possible retracement to get a better entry.

Technical Overview:
The HBAR/USD pair is exhibiting a confluence of bullish technical signals, suggesting a potential upward trend reversal.
6-Hour Chart: The pair is currently forming a bullish flag pattern. This pattern typically follows a strong upward move (the “flagpole”) and then consolidates within a narrow range (the “flag”). A breakout above the upper trendline of the flag would signal a resumption of the upward trend.  
Smaller Timeframes: On smaller timeframes, the emergence of a double bottom pattern further strengthens the bullish outlook. The double bottom pattern forms when the price dips twice to a similar low and then bounces back, indicating increasing buying pressure at lower price levels.  
Combined Interpretation:
The combination of a bull flag on the 6-hour chart and a double bottom on smaller timeframes presents a compelling bullish scenario for HBAR/USD. This suggests that the price may be poised for a significant upward move.