The Dow Jones has recently captured liquidity above the previous high, as indicated by the sharp move and subsequent rejection from the highlighted resistance zone. This failure to consolidate above the resistance suggests that the bullish momentum has temporarily exhausted, and we could see a retracement. The price is likely to pull back to the green support...
Now that you have grasped the basic knowledge of the Matrix and its blueprint being conceptually Math, here we are diving towards the horizon which is the future trying to make sense of the math of the path. That lies ahead of us. Extracting the information required to navigate into the unknown which is the future which might have already happened, we don't need...
This piece was meant to focus on the number of major equity indices that are near all time highs, or attempting to break out of long term ranges, and how their behaviors around those prior highs over coming months will likely offer significant insight into what comes next. It evolved to something else. I am convinced that most market fluctuations are random,...
Trump Media & Technology Group ( NASDAQ:DJT ) stock fell 8.27% after reporting a $327.6 million Q1 loss, marking its first quarterly report as a public company. The company, which operates the social media network Truth Social, generated just $770,500 in revenue for the first quarter, with a net loss of $210.3 million in the first quarter of 2023. The company...
View my Volcano candlestick. Long bottom wick means bullish momentum to the upside. Creator of STOCHASTIC RSI says; in order to confirm BULLISH Momentum, the bull must cross the bear wave and the 20 line; This will confirm BULLS have total control. Who lied, I wonder WHO? I had to deep search to see this for myself. 13650.1 pips reads $100k plus.
Hello Traders and Investors, today I will take a look at Amazon. -------- Explanation of my video analysis: In 2020 Amazon stock created massive resistance roughly at the $180 level and started a major correction away from the resistance in 2022. As we are speaking Amazon stock is once again retesting this major resistance level and is therefore at a quite...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues to decline due to the Federal Open Market Committee (FOMC) minutes being interpreted as more hawkish. This has limited the upside potential for gold. The cautious approach of the US Federal Reserve to maintain its restrictive policy for longer has boosted the strength of...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) loses recovery momentum due to lack of fresh catalysts in a quiet session. However, renewed demand is supported by bets on interest rate cuts from the US Federal Reserve, geopolitical tensions, and strong demand from central banks and Asian buyers. Traders will focus on Fedspeak and...
Context: On the 22nd of May, 2024, BANKNIFTY experienced volatile price movements. Despite recovering from the day’s low, prices closed below the resistance zone of 48080-48180. Here’s the plan for the 23rd of May: Trading Strategy: Gap Up Opening (Above 48000): If BANKNIFTY opens above 48000, buyers should consider buying if prices sustain above...
Context: On the 22nd of May, 2024, NIFTY traded near its resistance level of 22586 throughout the day. Due to the Bank NIFTY expiry, prices remained muted until the last 30 minutes, when we saw a breakout. NIFTY closed above the resistance level of 22586, confirming an upward move for the next trading session on the 23rd of May. Trading Strategy: Gap Up Opening...
Hello, dear traders, a quick scalp in the 15-minute time frame, take advantage of the 1-minute time to enter. Accept the risk of the transaction and then enter the transaction. #Smart Money concept #Liquidity #currency hunter
Intraday Update: The German DAX is getting very close to the 18550 neckline of the head and shoulder pattern. A break lower may coincide with SPX below 5280
Buying some velo here , targeting that upper part of trendline at 3 cents. This week might see velo at that target.
Hi guys its DR Trade again, your best market structure coach, like In said im not here to tell you that your trading strategy is wrong and you should use my own , im here to show you the direction of the market for you to align it with your trading style, we will be following this for the weak to come, we are in a bearish market for this pair so till we get our...
Longterm Outlook on DXY. Expecting a weak dollar towards the end of the year. This is the technical view. On the fundamental sides, the data releases from the United States has continued to weaker on every release. Also, there is expected rate cut on the interest rate.
Hello TradingView Family / Fellow Traders, As per my last analysis, shown in the attached chart, ETH rejected the $3000 round number and surged by over 20%. What's next? 📈As long as the $3500 round number holds, we expect a continuation towards the previous all-time high of around $4800. 📚 Always follow your trading plan regarding entry, risk management, and...
Hello TradingView Family / Fellow Traders, For those who know me, I always enjoy studying previous price action. 📌Today, I want to share an interesting pattern I found on ETH. Back in Summer 2021, ETH experienced a parabolic bullish impulse (depicted in blue), followed by a correction (shown in purple) to reject the $3000 support before commencing another...
I am looking for some support around this entry then I'm going to long