Last weekend, Bitcoin went up, which is unusual activity because usually Bitcoin goes sideways on weekends. It's because huge banks and institutions have the ability to manipulate the price of bitcoin, and they do it especially during work days. That means weekend price movements are usually fake, and if you buy now, you will end up with a loss on your...
It nuked down to 53K range but feeling its not over it ; it will still go below 57K. This is pretty mid-short sell. Do have a 50K feeling will hit even dip below 50K can happen Im keeping it short as possible cuz i don't see any sign of buyers and bullish quite yet until the correction is finish. Ill say the prediction won't be finish until we hit 50K even or...
In my previous EURUSD post, I analyzed the historical chart (1971 - 2024). You know that EURO is heading for a big crash. If you haven't seen this very important post, please check out the related section down below. You have to see it if you are a real EURUSD trader. Today, let's take a look at the actual 2023/2024 price action to see what is going on here. We...
AUDCHF is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
EURCHF has been trending down the past year, and has only trended up because of the first SNB news and then because of the CPI news. SNB is the first to cut rates which explains this sudden uptick, however it is very overbought and should be going down very soon. Happy trading!
BINANCE:DYDXUSDT KUCOIN:DYDXUSDT Hello traders. I believe in DYDX, why? Because this all-season (before or after halving) DEX (decentralized exchanges) are going to be under more attention. right now, there are 3 scenarios in front of the traders. in 1 & 2, the price can retest the 2- or 4-hour Bollinger midline and then retest the lower level of...
XAUUSD still on bearish trend on 4H TF and want to find their lower high (2047 - 2049). If trendline break very possible to going into their lower high before (2064 - 2065) or maybe higher at their higher OB (2085 - 2088). I am looking for Buy setup on LTF at 4H FVG. On LTF there is a support area too on 4H FVG. Pretty good for entry and waiting for rejection...
I believe this bearish move, which we are observing in the 1-hour timeframe market structure, is a bearish corrective move. Consequently, there is a possibility of a bullish continuation move in the Dollar. Upon closer inspection, we can see the formation of a reverse head and shoulder pattern , which is an intrinsically reversal pattern and signals a potential...
We are in a downtrend and we have a support holding has a strong resistance right now,i will be expecting price to continue downside when the market opens. The last two touches are forming a double top at the resistance so i will be looking for price to continue to push down, Also there is a retest of a bearish chart pattern.
The market leader has corrected to fall at long term trendline support. Keep this in the list to be studied. Note: This, like all other posts, is not a buy/sell call. It aims at spreading awareness and anybody making a financial commitment has himself/herself to credit for gains and blame for losses involved. #BajajFinance #BAJFINANCE #NSE #nseindia # bseindia
Check out these advanced trendline trading techniques for NZDJPY. If you're seeking a counter-trend trading opportunity, watch out for a Magic Candle Confirmation (MCC) on the Bearish Trendline. This will signal an entry point for a short trade. Once the pair touches the next trendline, consider shifting your stop to entry and decide whether it's a...
The price has lost 50 Moving average and EMA top. Heading to 100 and 200 moving averages. Hopefully 200 MA must give some support or else it can reach more downside .The lower low price action indicates bearishness and no sight of uptrend . On weekly scale a large bearish wick is worrisome .if price retraced from rectangular box with good volumes there can be...
hello trader’s what do you think about gbpjpy)? gbpjpy a good time for buying zoon retest hitting bearish analysts patterns now wai if breakout moves) key levels 184.309 key levels 185.498 key levels 187.360
The Australian and New Zealand dollars slipped on Monday, guided lower by yuan weakness amid increasing deflationary pressure in China, while traders await a week packed with central bank meetings to keep buying into their interest rate-cut hope. The Aussie slipped 0.3% to $0.6556 AUDUSD , having fallen 1.5% last week in the first decline in four weeks. It...
Greetings, Fellow Traders, Technicals and Chart Explanation Indicators Trendline: A trendline is a diagonal line connecting at least two price points, typically peaks or troughs, to determine the overall direction of a trend. In this case, the downward trendline suggests a prevailing bearish trend in USDJPY. Resistance: Resistance is a price level where...
December 2021 marked a challenging period for Uniswap (UNI) as it navigated through a bearish flag pattern, experiencing a significant drop. Fast forward to the present, and UNI is staging a potential comeback. The charts reveal a pattern shift, transitioning from bearish flags to the formation of a much larger bullish structure—a falling wedge. Let's delve into...
BTC/USD has been on an impressive run, showing resilience and strength as it climbs the charts. However, as we approach significant resistance levels, a keen eye might spot the early signs of a potential shift in momentum. On the daily chart, we are hovering near the R2 pivot point resistance, which aligns with the Fibonacci retracement level of 61.8% – a critical...
1) indian top company 2) prominent company to keep as portfolio stock 3) stock now bearish trending 4) down word channel 5) stock have to buy at this level 6) accumulation of stocks