Btc still bullish But it seems that market wants to liquidate the long positions before increasing the price.
As we see on a daily basis, their volume has decreased and the size of the candlestick has become smaller, and as a result, we are looking for a fall. Brief and useful😉 ⚠️Do capital management⚠️
GBPUSD also edged down on Thursday, but managed to stabilize around the 1.2515/1.2500 range. Bulls must strive to maintain prices above this support region to prevent sentiment towards the pound from deteriorating; otherwise, sellers could seize the opportunity to launch a bearish assault on 1.2430. On the other hand, if buyers make a new appearance and propel...
OANDA:GBPUSD ANALYSIS AND CHARTS - GBPUSD edged back into the green Tuesday - The UK’s March PMI saw upward revision, signaling the first growth in twenty months The British Pound slightly rebounded against the US Dollar on Monday due to unexpected strength in domestic manufacturing. However, the Pound remains below last week's trading range against the...
GBPUSD sold off this week, slipping below a technical floor at 1.2430 and hitting its lowest point since November. With bearish momentum prevailing, there's potential for accelerated losses in the short term, possibly prompting a revisit of 1.2320 – a major Fibonacci support level. Prices may bottom out in this area before reversing higher; but in the case of a...
AXS Analysis and Signal on 4H 🔵Entry Zone 7.343 - 7.561 🔴SL 6.827 🟢TP1 8.118 🟢TP2 8.758 🟢TP3 9.532 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 likes...
GBPUSD mounted a moderate comeback on Wednesday, bouncing off support in the 1.2430 region. If the pair extends its rebound in the coming trading days, resistance awaits at 1.2525, followed by 1.2575 near the 200-day simple moving average. On continued strength, the next key level to watch is 1.2645. Alternatively, if sellers return and trigger a market selloff,...
POUND STERLING ANALYSIS - Sterling in focus ahead of lower anticipated UK inflation – BoE up Next - OANDA:GBPUSD falls back into prior trading range as USD maintains bid STERLING IN FOCUS AHEAD OF LOWER ANTICIPATED UK INFLATION – BOE UP NEXT UK inflation, expected to drop before the Bank of England's monetary policy update, is crucial for achieving the...
Hello traders. What a push down yesterday. I was already done trading when the move down happened. Looking at the 4 hour chart, I have marked my area of interest for potential scalp sells and buys. Let's see how things play out. I am off the charts today, but will update a little later on when I get back. BIg G gets all my thanks. Be well and trade the trend.
US DOLLAR FORECAST – OANDA:GBPUSD - U.S. dollar displays rangebound behavior ahead of high-impact events on Friday - US PCE data and Powell’s speech on Friday will be key for markets - Thinner liquidity conditions are expected later in the week because of a bank holiday The U.S. dollar, as measured by the DXY index, moved within a narrow range on Tuesday,...
Key levels are defined on the chart. I am expecting another LL because it has already created one LH. Their is no sign for trend reversal on short term. Expect for Short entry if it break SL.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout of Lower Trend Line RSI - Divergence Break of Structure Rejection from Demand Zone Completed " 12345 " Impulsive Waves
GBPJPY is making HHs and HLs, following DOW theory. There is no divergence on RSI There is also AB = CD Harmonics Pattern, And A continuous parallel channel also obeying the chart.
Bias is Bearish. Price is still in a -FVG, though it has almost filled it. But until there is a candle close on a daily basis, my bias will remain bearish. My view is the 5 days of bullish PA is simply just a retracement... an internal move after a BOS. The low resistance liquidity run below the previous lows can potentially draw price lower. There is a fair...
Hello Cryptosuppliers, 1CAT bounced from $0.004 (support) and since it touched $0.127 twice it fell back to support level. Can this kitty turn into a bullish CAT? 😼
On Daily time frame, Bullish Butterfly Reversal Pattern is appearing. Prior to Point C, a bearish divergence and Double top also appeared causing the Price to move in downward trend. If Price chart makes another LL below 10.68962, above which a support level also exists and price may bounce back a bit, then SHORT trade is in order. One can take the trade deep up...
Tesla is finding support between the price levels of $150 and $170. Wick rejections on the monthly time frame indicate that the price is bouncing off this demand zone, suggesting an upward movement towards $200. With the Cybertruck becoming increasingly popular, there is potential for Tesla's price to test the $300 level and beyond.
MATICUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?