Market insights
About
We arrived at this optimal space for trader discussion through a combination of advanced charting functionality, playback buttons to see how trades panned out, open community feedback, and the inability of users to delete Ideas that didn’t go their way. Have a look around at the Ideas here: enjoy them, learn from them, and then why not publish one of your own? Just press the big blue Publish button located at the top right of your chart.
Gold is trading in a wide horizontal trading range on 4H time frame. After the test of the upper boundary of the range, the market dropped sharply following the NFP release. I believe that the market will most likely keep falling to the support of the range. Next goal for sellers - 1939. Consider an occasional pullback for safe entries. ❤️Please, support my...
Bitcoin is ready to go higher, but this uptrend is starting to be a little bit extended, and we need a correction to 21k. I have been warning you for a long time about a huge crash that is going to happen soon or later. We still have an unfilled CME GAP, and exactly in the GAP we have the 0.618 LOG FIB retracement (15476->33000), which is a good confluence to buy...
Here is my latest structure analysis and important key levels to watch next week. Resistance 1: 1.0760 - 1.0780 area Resistance 2: 1.0813 - 1.0850 area Resistance 3: 1.0900 - 1.0960 area Resistance 4: 1.1060 - 1.1095 area Support 1: 1.0515 - 1.0545 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Gold by the end of Friday, amid the publication of ADP & NFP data sells off all the growth. The strong dollar is bad for the price of the metal. The close of the daily candlestick on Friday gives us a signal that the fall is likely to continue. On the chart we see the formation of a global uptrend channel. A correction to the support area of the trend is...
KOG Report: In last weeks KOG Report we said we would be looking for the lower support region to hold up the price and felt an opportunity to long the market would be on the cards, first into the 1950-55 order region and above that 1980-85 for the extended move. We then suggested looking for a confirmed set up from the level before attempting to short the market...
The yield curve has inverted to the most extreme degree ever, which is a warning that a recession is coming. In this video, I analyze the charts for the AMEX:SPY S&P 500, NASDAQ:NVDA Nvidia, NASDAQ:AAPL Apple, and the yield curve on U.S. Treasurys to see what they're telling us about future price action. In the video, I mention that the bull rally following...
Hey Everyone, Please see our updated 1h chart Goldturn levels and targets. We had a nice run from the support structure into the resistance structure with a breakout outside the channel last week, which then followed with a tank down back into support structure on Friday after NFP. There is room left for further move down to complete the full retracement range...
If the market falls below the 1950 level, there is a chance that there will be a big selloff, maybe reaching the support level and potentially the 1900 level after that. Given that there appears to be a new continuation of a negative correlation between the dollar and gold, this would almost certainly result in a strengthening of the US currency. When you look...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
↪️ GBPUSD reached a key monthly structure support last week, while trading in a descending parallel channel perttan. I spotted an inverted head and shoulders pattern on 4H time frame and confirmed bullish breakout of a falling parallel channel. I believe that the pair will bounce soon towards the target above...Trade safe 👍
Hey Traders, Bitcoin is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 28150 support and resistance zone. i would also keep an eye on DXY to confirm the bias as it do correlates negatively with Bitcoin and a strong dollar should be heavy on cryptocurrencies. Trade safe, Joe.
Bitcoin seems to have completed its 4th wave with the common Expanding Flat(ABC/3-3-5) structure, so that the microwave C structure is Ending Diagonal . I expect Bitcoin to move towards a 🟢 heavy support zone($ 26,400-$ 25,800) 🟢 after breaking the lower Ending Diagonal line. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss...
We reached the much anticipated .786 fibonacci retracementlevel @ ~$296 today. I know general consensus says that we should at least see the round number of $300 and possibly an overshoot to~$311. Although it is definitely possible, I do not see any significant opportunity outside of short positioning. Whether it keeps rolling or not,I continue to build a Put...
Hello,Traders! AUD-NZD will hit a Strong resistance of 1.091 From where a bearish Reaction is likely to follow Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bitcoin is now fluctuating in a highly random location. This means signals that appear in this range (see long blue rectangle on chart) are likely to have a 50% chance of follow through in a way that you "think". My suggestion is to avoid swing trades in this area and only consider setups on smaller time frames (day trades). This way you keep expectations low,...
The recent approval of the debt limit agreement and positive market reports indicate that the US Federal Reserve may raise interest rates again in the upcoming season. This change in expectations presents a challenge for the gold market, as it is supporting the US dollar. As a result, the greenback is currently trading at a three-month high.
Hello,Friends! EUR/GBP pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.867...