NFP WEEK ANALYSIS UPDATE: This week has been dynamic for trading enthusiasts, featuring a wealth of data, impactful speeches, testimonials, inflation alerts, record highs in both future and spot gold, and fluctuating currency movements. Notably, the European Central Bank (ECB) opted to maintain current interest rates post-ECB Press Conference. The EURUSD responded...
BNB has reached local target. All levels above are (especially 1st - marked) significant. GL!
In this case the gaps can be used as Demand. There was a medium inducement and there's a possibility it know starts going up but there is also an imbalance curve with a gap under which could get filled with the news. Keep that into consideration. What do you think about DXY? Write in comments LQP = Liquidity Pool 2WT = 2 Way Trap Arrows = Inducements
The first buy area is medium safe because there was no major inducement. The second one would be after a major inducement + HTF POI mitigation. Take also into consideration what DXY does. What do you think? Write in the comments. LQP = liquidity pool DBR = Drop Base Rally Demand Zone Arrows = Inducements
Yoo so I didn’t notice I was running this trade on 100x leverage so I took most profits in and left in 30 percent of the trade running! LOL DOUBLE CHECK YOUR LEVERAGE BEFORE YOU OPEN IT LOL
sell on eur/jpy is very good!!!! BOJ board member Junko Nakagawa said on Thursday Japan's economy was moving steadily towards sustainably achieving the central bank's 2% inflation target. The yen has been under pressure for most of the past two years because of the gap between sub-zero Japanese interest rates and a global rise in rates, as other major central...
🛢 CL OIL, H4 🛢 8 March 2024 Oil prices have faced challenges in sustaining upward momentum, despite factors that traditionally might boost prices, such as the easing strength of the dollar and potential dovish policy shifts from the Federal Reserve. However, there was a slight rebound in oil prices in the latest trading session, attributable to a temporary supply...
USD/CAD, H4 8 March 2024 The Canadian Dollar experienced a notable resurgence as the market absorbed the hawkish sentiments emanating from the Bank of Canada. In its most recent monetary policy decisions, the BoC opted to maintain its interest rates at 5%, with the Bank rate and deposit rate held at 5.25% and 5%, respectively. The central bank affirmed its...
EUR/USD, H4 8 March 2024 EUR/USD pair extended its gains, reaching multi-week highs amidst heightened selling pressure on the US Dollar. The weakened greenback was fuelled by disappointing readings from the US labor market, creating a favourable environment for the Euro. Despite the European Central Bank's (ECB) overall dovish stance, the momentum of the EUR/USD...
My full target has been hit. The buy area is medium safe because even though most of my criteria has been met there was no major inducement. You can look for longs there but not blindly buy. In case the DBR gets exceeded you can pretty safely sell at that are after retracing. What do you think? DBR = Drop Base Rally Demand Zone
Yooo Good morning I look at these chart religiously lol So my limit filled at 3958 it’s a risky trade I am running this on take 10x leverage. First take profit could possibly be the point of control coming in at 3799. I looking to front run the daily and 4hr time frame so this my plan very tight stop loss where I know I could get swung failed in my trade.
We had a few touches/near touches of fib golden pocket area, seems like strong support moving forward. We may very well get a dip back down lower at some point, but if SOL, ETH and BTC keep ripping, this thing follows suit and goes to $4+ easily. I really don't know what this does short term. But I say pack bags on dips, because longer term, this one's gonna go...
CHFJPY was in a distribution for a long time and could move to a lower level soon :)
It could be a new beginnings in the next few days and weeks for many Alts that DON'T ride the coat tails on the strength of BTC. Take ENJUSD and ZILBTC example on the weekly. Whales have already moved in for the Krill. We can see in the past where price had trouble breaking before it went ballistic, now we see price approaching into the same area on strength...
It is a pullback The bullish flip on the higher timeframe is getting ready for the first scalp We are still bullish on the overall higher timeframe But for now we are expecting a pullback and perhaps new all time highs after NFP tonight.
It sounds maybe too optimistic about the potential future price development of Rune (RUNE) based on its current price trajectory. If the market capitalization reaches around $5 trillion and there's a steady increase in dominance, i foresee a new all-time high (ATH) for RUNE. It's essential to consider various factors, including market conditions, project...
EURUSD / 4H Hello Traders, welcome back to another market breakdown. EURUSD has been trading in a trading range, the price seems to bounce from the low of the range, expecting the highs to be visited again. I'll wait for the previous S/L level to ride this leg up. Trade safely, Trader Leo.
Gold gains momentum around $2,165 amid the softer US Dollar, adding 0.12% on the day. The dovish comments from central bank policymakers and safe-haven flows boost the demand for gold.