Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some time ago declined to 2157 points, but at once turned around and started to grow inside the upward pennant, where it soon reached the 2280 support level, which coincided with the support area. Soon, Gold broke this level and continued to grow to the...
Please, check our technical outlook for USDCAD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.367. The above observations make me that the market will inevitably achieve 1.362 level. P.S Please, note that an oversold/overbought condition can...
ETH pulling back after the big rally in 3 waves into resistance. Trying to catch wave 4 in the smaller degree Open @ 3672 T1 @ 3744 T2 @ 3942 SL @ 3567 Risk 1% NFA
US Unemployment Claims Headline at 12:30 pm GMT. Downtrend line observed in EURUSD's 30-minute chart. Suggests potential uptick in exchange rate if downtrend line is breached upwards. Suggests potential decline in exchange rate if downtrend line is broken downwards. Implement risk management...
Bank Nifty important levels and trade plan for Friday, 24th May Just like Nifty, Bank Nifty is also in an uptrend, and with lots of support below the current trading price. 48282 will be our level of concern for tomorrow, if Bank Nifty opens below this level tomorrow, after crossing this level, then we will go for a bullish trade. 49028, 49266 and 49623 will be...
We're looking into the scenario of price movement development on THETA. Right now, the asset is trading below the resistance level at $2.5757. There's a chance it could break through this level if the volume profile supports it. This could show that buyers are getting more interested. The next significant resistance is at $3.1098. From this level, there might...
Hello, subscribers! I’m happy to see you all. Please share your personal opinions in the comments. Don’t forget to like and subscribe! Yesterday, the UK's April Consumer Price Index (CPI) inflation rate was announced to be 2.3%, exceeding the expected 2.1%. The service price inflation rate recorded 5.9%. Although this was a slight decrease compared to the...
EUR/USD 30M - As you can see price has traded us into multiple areas of Supply and respected them well, giving us the suggestion that the Supply in the market outweighs the Demand. We have seen price actually trade us into a higher timeframe Supply Zone and price has followed by breaking the last protected low within the higher timeframe bullish structure taking...
The Dollar Index successfully surpassed and closed above the neckline of an ascending triangle pattern and a significant resistance downward trend line. The current price is undergoing a retest of this broken structure, and I anticipate a bullish movement to occur from this demand zone. My targets are set at 105.11 and 105.40.
SNOW has formed inverted Head and Shoulder with strong bullish divergence. As the buyers are getting bids with this confluence. If the sell pressure resumes and buyers gets active the optimum target will be 187.
🔥The market developed as expected. Although we did not participate in it, we have already made enough profits. This is how futures trading is. We must learn to miss opportunities. There are many opportunities in the market, and we cannot seize them all. As long as we seize them One or two chances to stay is enough. ➡️From a structural point of view, the weekly...
LONG #ARBUSDT from $1.19 stop loss $0.9 1h TF. The asset moves in a parallel channel after the spill. There are horizontal resistance levels. Now we have pushed off from the support level of 0.9$-1$ and are moving in an uptrend. There is also a support level of ~ $1.14, from which you can expect a rebound when the asset price falls. Open long, the first goal is...
*). Pullback to Fair Value Gap (FVG): The price is currently pulling back towards a Fair Value Gap (FVG). An FVG represents an area of imbalance in the market where the price is likely to react. Look for confirmation signals such as bearish candlestick patterns, volume increase, or oscillator divergence within this FVG to reinforce the bearish bias. *). Given the...
#WAVES is facing heavy resistance, which is Falling wedge resistance, daily MA50, MA200. We expect a small dump. We recommend you buy this coin on its support levels which are: $2.2248 $2.0311 In case of a breakout, the targets are: $2.9395 $3.2202 $3.5008 $3.9003 $4.4092 $4.7569
Price has been consolidating for some time now. A probable buy setup will be formed and a buy order can be placed. Apply a bit of discretion as price has been moving erratically although it's in a consolidation.
BNB Analysis and Signal on 4H 🔵Entry Zone 592.8 - 601.9 🔴SL 566.36 🟢TP1 635.00 🟢TP2 674.00 🟢TP3 695.00 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...