Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59400 support and resistance area. Trade safe, Joe.
Looking for candlestick patterns near the shapes, potential pivot points/turnarounds, or breakouts / continuation patterns near the shapes that turn out to be zones of influence that can become support or resistance. Previous Matrix Projects are linked to this one for representation of special events that might occur in such a web of zones and levels that appear...
McDonald's Corporation (NYSE: NYSE:MCD ) falls short of quarterly profit estimates for the first time in two years. Amidst a backdrop of geopolitical tensions in the Middle East and evolving consumer preferences, the iconic fast-food chain faces challenges in maintaining its market dominance. This article delves into the factors behind McDonald's recent...
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.47500 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.47500 support and resistance area. Trade safe, Joe.
compared to USI:TICK , SPX/NDX is maximally diverged as stocks consolidate most heavily. the difference between indices historically closes quickly, and daily consolidation may have begun to rally the market somewhat. the indices compared to all stocks up/down is beginning a daily bounce due to the amount of money that has gone back into risk assets as they...
The cryptocurrency trend was mixed over the past 24 hours ahead of the Federal Reserve’s interest rate decision tomorrow. The benchmark interest rate is expected to be left unchanged at 5.25 percent; a 23-year high. Investors will instead carefully analyze the wording about its future path. Some analysts expect three rate cuts later this year, while others...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 As long as the $60,000 holds, we are expecting a continuation till the upper bound of the range and $70,000. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Time will tell but it appears an almost 20-year downtrend/basing period has been broken. The breakout occurred with significant volume which makes it more likely to be genuine. Of course an initial shakeout/head fake could follow (and I may not have the trend line exactly right, tried to place it where there were the most hits, but a few times that resulted in...
This long trade on the GBP/AUD currency pair targets a price of 1.92597 within a 30-day timeframe. The rationale stems from an anticipated market correction to the upside, particularly within the monthly/weekly/daily timeframes. Risk will be managed through diligent monitoring without a specified stop loss, and I will utilize minimal leverage to mitigate risk exposure.
The moment alot of the bears have been waiting for. I think we will finally get a healthy pull back in the indexes. Watch the video for all the reasons why you should be in bear mode for a little while.
Today, the Brent crude oil price has experienced a turbulent opening upwards, turning around from $86.72 to reach its current price at $87.54. The truth is that the triple bounce in the middle zone of the channel represents that the oil price has come to stay at least in this price area, after the high correction it has suffered since Friday April 12 and 19 where...
➖ Bitcoin is now red for the fifth week in a row. ➖ Confirmation is no longer needed, the market is about to sell-off. We are looking at Bitcoin on the weekly timeframe. Notice how the week just started and we already have a full red candle. Normally we get the first half of the week green and the second red, on a normal week. This change in behaviour is...
Gap Up Opening: If NIFTY opens above 22,700 and finds support around 22,680, it may climb to the levels of 22,795-22,800. Sustained momentum above 22,820 could push it towards 22,900. However, failure to hold above 22,580 might lead to a decline towards 22,559-22,522, acting as potential reversal zones. Further downside could target 22,360-22,330. Flat...
B Gap Up Opening above 49,600: If BANKNIFTY opens above 49,600, it may climb to 49,729 and 49,933 but could trade sideways to negative thereafter. Failure to sustain above 49,212 and trading below it could trigger short trades targeting 48,990, with potential further downside towards 48,609 before a potential recovery. Flat Opening: In the event of a flat...
New World Capital - Article 6 We closed some of our positions with profits and are now entering the market at the manipulation currently happening. Another liquidity grab is happening right now around $38220 - $38200. If the price ends up going higher after that liquidity grab, the price should definitely breakout and trade around $38,500 - $38,700 US30 Buy (...
FUD NEWS FROM ELON MUSK: Tesla sells off $1.5B USD worth of Bitcoin. Elon Musk "needs cash" but "will buy Bitcoin again" someday. This news has caused a panic dump but I remain bullish. $1.5B sold out of the over $430B Bitcoin market cap is only around 0.345%. Not an impressive number. The dip is purely FUD. Elon Musk has a lot of sheep following his moves....
This is simply an improvement to my last chart. It shows where I am most willing to buy BTC and where I am not. What is DCA? Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase....
Bitcoin has fallen over 6% in mere hours after the announcement that one of the largest crypto exchanges, Binance, is being sued by the SEC. Now seems the best time for me to put in buying orders at certain support price levels. I see three Scenarios: 1.The news that SEC is suing Binance will have no short term aftereffect on the Bitcoin price. The price will...