A short at 4.04 to 3.28 with the necessary risk management will bring a 18.81% return
A short at 3.16 to 2.30 with the necessary risk management will bring a 26.96% return
A short at 17.40 to 16.57 with the necessary risk management will bring a 4.8%+ return
A short at 1.19 to 0.9899 with the necessary risk management will bring a 17.08%+ return
A short at 0.2889 to 0.2595 with the necessary risk management will bring a 10.17%+ return
the current trend is a down trendline and the price is moving in nice decent waves. if we do a back test you would see that the price will soon hit a strong area of resistance. we should be ready with a sell trade around this area that happens to be the 61% fib level.
We see the formation of a bearish Gartley harmonic pattern in the descending channel. The role of dynamic resistance is also very important. A resistance that the price has reacted to many times. It is expected that the price will experience a drop to at least the 1.7850 range. A breakdown of dynamic resistance and the ceiling of the descending channel will...
Esteemed Colleagues, With the utmost respect, I would like to draw your attention to the recent political climate in India, as it pertains to our field of business and investment. As a research analyst and trader, it is my professional opinion that the market has experienced an unprecedented level of volatility in recent weeks. This trend is expected to continue...
💹 Let's analyze the cryptocurrency coin DOT together for trading in lower timeframes. 🔍 🛑 Following recent events in the world and the Iranian missile and drone strikes towards Israel, we experienced a market downturn that affected most altcoins, separate from Bitcoin. 🔄 While Bitcoin, Ethereum, and a few top coins managed to recover from the red candles, most...
As we expected bitcoin made a new all time high $73000 area and collect the liquidity over the last ATH $69000. price is in a trading range between $60000 / $74000. New flag limits are marked on the chart. Bitcoin is forming a wyckoff structure and if it ingulf $58000 / $61000 demnad zone it will confirm the structure. If the WYCKOFF structure is confirmed,...
Hey Traders, Thinking of taking a short ride on the Nifty 50? Here's why I'm feeling bearish about it. So, there's this Bearish Orderblock (OB) lurking around 0.30% above the current price, hinting at a market reversal. But wait, there's more! The Bearish Fair Value Gap (FVG) is also signaling some downward action, possibly even before we hit that OB. Now, let's...
The price has once again hit the ceiling of the red and black descending channel. At the same time, we see the price hitting the 200-day moving average and the supply range of 0.6700. In general, we see a very strong resistance range, which can result in a price drop. Note that if the price breaks this range upwards, a very strong buy signal will be issued....
In this chart we have observe it is an Uptrend with HH & HL. then we spotted a Bearish Divergence in the RSI. with that we see the price is start shrinking creating a Rising wedge. which lead us to take a short entry
Gold Outlook: As the week kicks off, gold's price (XAU/USD) remains comfortably above $2,100, buoyed by expectations that the Federal Reserve may cut interest rates later this year. All eyes are on the forthcoming US GDP data for Q4, anticipated at a steady 3.2%, which could inject new life into the market. Currently, gold hovers around $2,168, experiencing a...
You can check it on 4h, 1d and 1w... What you think...Long or Short?
In this chart we have spotted Double Tops, and we also spotted bearish Divergence in the RS 14. We are little late in the entry But we expect we can hit the TP