Hello Traders! Hope you are all keeping well! I have shared an idea for a swing sell on USDCHF a month ago (24/04/2024 - please see idea on my profile). The sell from 0.92 worked wonders! And is still valid. I have my eyes on the following setup which counts as a confirmation entry! We see that perfect head and shoulders formation completed last week. And the...
BTC looks interesting over the next time frames and it can show more increase. That's why we're keeping an eye on Bitcoin at this moment. $68540 is a key confirmation zone. this level has already a confirmed, there's a high chance it could reach $75K - in the long term, and hype times can make the coin to the target faster. Remember, there are no guarantees in...
Dear traders! Overall, EURUSD experienced significant price gains yesterday with a breakout from falling wedge resistance amid a generally positive backdrop as the US Dollar (USD) struggled to maintain its strength and helped the pair partially erase weekly losses. Currently, at the end of this week's trading session, EURUSD has paused at 1.0845 and it seems that...
It seems like the price is forming a massive Inv. head & shoulder pattern, and now may be the time to keep an eye on BONK! If you're looking to trade BONK at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above $0.00002675 and take profits at the levels shown in the chart. Targets: 1. $0.0000275 2....
Here is an epic "potential" eth Gartley. Aiming for a late June/July bottom
Dear traders! World gold prices tend to increase with spot gold increasing by 2.4 USD compared to last week's closing level to 2,335.7 USD/ounce. Last week, world gold prices continuously "plunged" after breaking all the records conquered in April. Kitco News's latest weekly gold survey results showed that more than three-quarters of experts believe gold prices...
1. Fundamental Economic State: United States: GDP Growth: Slowing with recent figures showing an annualized growth rate of 1.1%. Employment Data: Unemployment rate at 3.4%, indicating a tight labor market. Inflation Rate: Moderating at 4.9%, following aggressive rate hikes by the Federal Reserve. Retail Sales: Robust, supported by strong job growth and wage...
CHFJPY is creating symmetrical triangle and is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. Price is approaching the previous high, where the market dropped. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great...
The GBPJPY pair gave us a solid short-term buy signal last time we looked into it (April 16, see chart below) and easily hit our Target: The prevailing Channel Up has a clear sell signal on its top, which the price is approaching on the current Bullish Leg since the rebound on the 1D MA50 (blue trend-line). The 1D MACD sequence is the same as the first...
BTC.D - KEY LEVELS FOR THE NEXT ALT SEASON (MAY 2024) When can we expect the next Alt season? It's been a long time since the last one. For a potential Alt season to occur, we need to break through the critical 54% level. If that doesn't happen, then the 58% level has the potential to trigger this scenario.
#BONKUSDT (UPDATE) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about BONK BONK is exactly on the way as predicted already 40%+ gain so far. Still we are getting a good volume ✍
Most recently, we are "stuck" in this box-range with unclear, messy price action Given the fact I see bearish on HTF and bullish or messy on LTF, it's a contradiction so right now I don't have clear confluence for this market Overall on 15-60min. timeframes, we see recent bullish leg. Accumulation and reaccumulation models are pushing price higher, however price...
Gold created a bullish market structure yesterday, we now find it retesting down for a potential move to the upside again. Price Action is observed, this is only a trade idea. Use proper risk management. Happy Trading OANDA:XAUUSD FOREXCOM:XAUUSD TVC:DXY
If The doge should also move according to the line I specified in the chart and reach the price range of 0.23 cents and stabilize so that I can analyze its next move.
EUR/USD has jst rejected off a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could potentially fall to our take profit. Entry: 1.08566 Why we like it: There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement. Stop loss: 1.08946 Why we like it: There is a pullback resistance...
Price is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 0.5212 Why we like it: There is a pullback support level which lines up with the 50% Fibonacci retracement. Stop loss: 0.5065 Why we like it: There is an overlap support...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 199.90, which is a multi-swing high resistance. Our take profit will be at 198.10, a pullback support level close to 23.6% Fibo retracement The stop loss will be placed at 200.56, which is a swing-high resistance level. High Risk Investment Warning Trading...