To those of you who may have panicked seeing the post-market plummet of DELL, I hope to bring some solace in this analysis. Despite the stellar earnings report, Dell's stock fell sharply post-market. This drop can be better understood through the lens of demand and supply, rather than just technical analysis or predictions. Essentially, the market's reaction is...
Here we have bitcoin price in a accumulation phase and the price is bouncing between 60000 and 72000. However as we can see in the chart there are two support in 67k and 62k tha we can consider as an area end this downtrend.
End of day update from us here at KOG: What a day, what a week! Yesterday we said we would be looking for price to come down into the lower support region, that should have been enough for traders as we had high volume news day. We identified a potential move upside pre-NY and in this mornings review suggested a tap into the extension level 2360, which if...
BTCUSDT possible 15m scalping opportunity. The Price needs to break down and close below the up trend line and the 50EMA with a long red candle Invalid on chart with a candle close above. Good LUck
It seems that the price is in a large range, which is moving from the upper part to the lower part of this range. The green range is a support range. The price can move from this range to the targets. The targets are clear on the picture. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget...
Technical Analysis The price dropped and reached our weekly target of 38,050, as mentioned at the beginning of the week. Now, the price will likely attempt a retest up to 38,190 and 38,400 before potentially dropping again. The bearish trend will be activated by stability below 38,050, targeting 37,820. A bullish scenario will be triggered if the price breaks...
selling ECAD continued analysis from previous post. looking to take profits at either LOD for 1:2 or 1:4
OANDA:GBPCHF GBP has been bullish since last few months especially from the beginning of the year 2024, it is also notable to see how bearish is chf. Going forward, we expect price to continue bullish and it hitting our target is almost certain. Please wait for price to come to our area once it does, please take the trade with accurate risk management. **If...
Here is my latest structure analysis and important key levels to focus on and trade on Gold. Support 1: 2322 - 2328 area Support 2: 2303 - 2308 area Support 3: 2266 - 2286 area Resistance 1: 2361 - 2364 area Resistance 2: 2426 - 2450 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Disclaimer, these ideas are for my records of what I see in the market after taking a trade. It will help me document the reason of why I took the trade so I can have a track record. And as such, this is not a financial advice. On the weakly timeframe, the pair was going lower steadily without leaving any supply zone unmitigated. The only imbalance the...
Considering the bearish CH and the liquidity pools at the bottom of the chart, it seems that KSM intends to move towards the specified demand. supply is a good place for sell/short positions By maintaining the supply range, it can drop the demand side. Closing a daily candle above the invalidation level will violate this analysis Note that the financial market...
**Overall Market Structure:** - The market appears to be in a corrective phase after a previous uptrend, as observed on the 1-hour chart. **Support and Resistance Zones:** **Support Levels:** - **0.009734 USDT:** This area, marked by two green lines, acts as strong support. If the price reaches this level, buyers are likely to enter the market and push the price...
🔮FORTUNE'S OF BETLORD🤑 GOLD ANALYSIS✨✨✨ A simple break of structure analysis on the buy side.
WTI Crude Oil is trading in a bearish trend on a daily. For the entire month of May, the market is consolidating within a horizontal range. I believe that a bearish trend will continue after a violation of the support of the range. I am waiting for its breakout to sell the market. A daily candle close below 75.5 will confirm a violation. A bearish wave will...
Gold has reached to the lowest point of the month at the last day of it. Overall yearly increasing price of Gold will let us think about retest from this monthly decrease psychologically. We observe Fibonacci Golden Zone (0.5-0.618) level and Imbalance of price at the same zone overlapped. Which is for me not a bad indicator that price has to retest the zone...
End of day update from us here at KOG: Yesterday we posted the idea to short into the support level and then take the long trade back up looking for the higher levels, which has worked well. Our target level has been market complete, so for this report we would say, anyone long from below, protect, take partials and let's see if we can break above the 2350...
🔍 Technical analysis: Bullish flag in corrective zigzag wave 4 According to the analysis presented in the previous post, wave 3 or rising C in the area of 2.618 Fibo of the previous wave itself was completed. 💎 But now in the 1D time frame a bullish flag is formed in the form of wave 4 zigzag. After exiting the congestion and descending channel in the supply...
We have a bullish CH on the chart and a strong move on the chart. The structure of OGN has recently become bullish. We have a good support range on the chart. If the price reaches the green range, we will look for buy/long positions. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk...