CAPITALCOM:SP35
We are just taking a look at the IBEX 35 and not planning on opening up any positions. This trade is a bit too complicated, and there are no clear signals (because there are too many almost) to indicate which way the price wants to go.
A downward trendline from May 2017 connects a peak in February 2020. Technically from this, we can gather that...
DXY finds itself on a weekly trendline that acted as resistance previously and now the price had its first reaction to it. Only time will tell if it will manage to send the price back down or not. A weekly close above the 93.012 can act as good indication that the Dollar can go higher, at least to 94.50 and maybe even higher. And a weekly close below the 91.81,...
Gold is on uptrend from 20th century, so you don't want to trade against the whole market and short this one. We hit 2077 last year and this is absolute high. We got rejected from 1682 which is .382 Fib Retracement level and raising now. Last down trend from Aug '20 seems to be correction move. Last week high on 1843 hit the strong zone created in 2020-2021. So...
According to main indicators we might see Head and Shoulders pattern on 1h soon, need to wait for break confirmation on 1h + MACD down in next 2-5 hours at about $1135 level. Potential bounce zone for a head to the second shoulder $1100-$1110 to the $1140-$1145 with a free fly down to $1036 after $1090
BTCUSDT is below historical resistance V2. If the price will have a breakout upward and flip the historical into new support, we can looking for a long, otherwise, if the price will lose the weekly support, we can looking for a short (short term).
At that moment we need to wait
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly...
The price has been up trending generally until the buyers were stopped.
The three arrows show where exactly the buyers has been squeezed. The volumes where very important at those points. It is a probable validation that the market wanted to go down.
The horizontal blue lines are marking the new range of the market price. The market is clearly ranging now.
There...
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GAZP GAZPROM price is ranging after a long run down and some consolidation, finding a balance now.
The trend can change if the market evolve out of the boundaries illustrated by the two parallel...
ETC bounced off of a previous low of about $3.40 and is forming a triangle pattern. MACD and RSI show that it might break out. The 4-hour chart shows that RSI is around the middle and MACD is also converging.
Currently, I am looking for a sudden increase in volume and will hopefully take a long position if it breaks out.
Waiting for the price to either drop to 415 major support level and see if it drops further the way it goes in metals (if that happens, I'll cry lol), or if it breaks out at 500 resistance level (point where I'll buy more ETH again).
cryptovest.com
mashable.com
Weekly:
Confidence: C (because let's wait and see)
Waiting for USDJPY triangle breakout. Triangle pattern is accompanied by a volume decrement.
Currency pair - USD.JPY
Chart timeframe - 1hr
- My Pending Orders -
BUYSTOP: 112.431
SELLSTOP: 112.262
TAKEPROFIT BUYSTOP: 112.574
TAKEPROFIT SELLSTOP: 112.121
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Potential long position if we see price break and retest 2.15 resistance and descending trend-line.
Falling wedge.
Weekly ABCD
Looking for bullish price action after the retest.
Price has been ranging for the last month or so.
Awaiting further bullish confluences before any long position.
