GBP/USD, H4 The Pound Sterling maintains a positive trajectory, supported by an optimistic economic outlook articulated by UK Prime Minister Rishi Sunak. Sunak emphasized that the UK economy is on the right track, hinting at potential tax cuts in the upcoming budget. Despite the lack of clarity on budget details, investors are advised to vigilantly monitor...
XAU/USD, H4 Gold prices have undergone a significant rally, approaching the historic high at $2146.80. The surge is fueled by market sentiment speculating on the potential for the Federal Reserve's first rate cut in June. Investors eagerly await cues from both Wednesday's testimony by Powell and Friday's Non-Farm Payrolls report to assess the likelihood of a...
DOLLAR_INDX, H4 The Dollar Index hovered within a remarkably tight range as investors braced for significant events in the week ahead. All eyes are on the Federal Reserve Chair, who is scheduled to testify before Congress. Market participants widely speculate that the Fed Chief will emphasise the central bank's commitment to its monetary tightening stance. The...
Short @ current resistance. Please keep R&MM if trading. Good luck.
Long @ correction - same as previous idea. Please keep R&MM if trading. Good luck.
Good day, to my fellow reader and fellow Traders, Thank you for your time in reading this as per fun fact this year fengshui years of dragon if you got so lucky you can made a fortune. "This year, since Metal overcomes Wood, will bring prosperity to related industries such as banking, technology, auto, machinery, and cosmetics." So Metal Mine and else may in...
I bet you didn't like last week price action. Me neither. Price pushed up on Wednesday to take out some of the nicely built up liquidity. That was something that we saw coming. After it reacted from that buy-side liquidity, created 4h bearish signs that the top could be in before the decline. The immediate momentum up on Thursday was not something that supported...
Hey everyone! Welcome back to the TradingView Weekly Digest. In today’s edition, we’re highlighting the top posts from our community, which includes a video tutorial on “The Leap” - our first ever paper trading competition, an informative post about Nvidia’s euphoric rise, and all the latest headlines, earnings, and economic events. 💡🎥 The Leap - Win up to...
Hey there, Ethereum enthusiasts! If you like my graphics, send some 💙💛 Gather 'round because we've got something to talk about. Picture this: a pattern that blending elements of a Double Bottom and an Adam and Eve formation. This kind of pattern often signals a big turnaround. Now, let's dive into the nitty-gritty. The chart's telling us that Ethereum...
CRYPTOCAP:RNDR Render Crypto Re Accumulation Phase ? After Mark Up? Render Coin Crypto Looks Bullish With sideways phase For more then week? Strength Candles! consolidation Phase ! Markup Phase with major bullish trend!! Enough Sign to print new all time high ? Share Thoughts :)
🎉 Happy 10th Anniversary, DOGECOIN! 🎉 December 6th, marks the 10th anniversary of DOGECOIN's genesis. Initially created as a light-hearted meme coin, it's become a significant player in the crypto space. The BINANCE:DOGEUSDT price chart tells an intriguing story. Currently, it's showcasing a repeating pattern – Descending Triangles. These patterns...
- We're still playing the Monthly Bearish Context from the FVG, There's been no Bullishness on the daily timeframe, just struggling Bearishness (No Daily FVG's) -This week price pulled back into the Daily Breaker/Fair Value Area. Initial mitigation gave a good rejection, However no 4H FVG yet - After Daily Swing High was swept on Friday, 4H Showing Reversal...
spx/gold is a way to measure the value of stocks compared to real commodity metal instead of printable dollars. Gold is a "safe haven" for many reasons including that once its in your hand you own it and no one is your counterparty. Dollars depend on the federal reserve and the supply of dollars circulating. When you hold gold, you hold a real commodity that has...
It's likely we're in the process of topping out here...yes there is a chance I'm wrong on the counts and we get a dump then 1 more high but overall the bulk of the move has happened and people left speculating at these prices will probably get rekt.
Not much juice left in the tank imo - Even if I'm wrong on the count here it's only got 1 high left which won't be much...Sayonara Solana.
Price is sitting at supply zone. Assuming price will continue bullish, it will bounce off a fib level to continue bullish run.
Hey everyone, Just wanted to share my latest observation. I initially anticipated an upward trend for XAU/USD, as mentioned in my recent post: Gold has experienced an upward surge, and I interpret the last covering candle as the beginning of a minor correction. I've identified two short-position targets: 2014.23 1995.58 Keep an eye on the last target, as it...
I saw a change of character feb 29. This could mean a potential short for UJ. I saw price respected the supply zone / premium at 150.720. Price is approaching that area again which will cause it to sell, potentially.