Hello traders, this is a Gold analyse still bullish for the moment but the drop will be certain why as we can see our momemntum to the upside is slow compared to the drop that we had recently from the FOMC News event the Drop from 1947 compared to this is Just a Pullback so we may have to enter for a reversal on a better price action meaning on a Premium, it start...
In this technical analysis, the idea presented is the 4-hour chart of BINANCE:WOOUSDT , which appears as a bearish indication of a double top pattern. With that, I plotted two potential diagonal support lines to consider for a breakdown to materialize. I have a bearish sentiment for WOO based on an unlocking happening this October 10 per defillama.com . What...
BINANCE:DOTUSDT The price is currently moving towards the bottom of the downtrend channel. The best price range for investing in the DOT is between 3.1 to 2.7
Hello traders, this is FX:USDCAD Breakdown, we see the overall trend is is Bullish there's no confirmation to tell the opposite, so this is a strong Bullish trend we ranging on a high scale but we gonna continue the Upside Movement i be doing a Daily and a 4H Breakdown for FX:USDCAD sonner!
Silver (US$/Oz) Breaking drown from a long term support trendline (22.197 levels). Crucial support levels to look for : 21.376, 20.7-20.52 and worst case 19.945. Although if macro factors support we can see a demand uprise and a subsequent pull back to 21.376 and rally upto previous long term trendline levels.
Hello Trader, I found some Setups to $short $GU on the 4H TF The Overal Trend is BEARISH on A WEEKLY to DAILY Scale so Shorting EU is wisely as We gonna Pullback because we reached a Weekly Structure so as we are familiar of the saying the trend is your friend is wisely to follow the Overall trend which is Bearish
Chart 4H TF BINANCE:RNDRUSDT is on the support zone around 1.47 if it breakdown and close below this level. I expect price will down lower to 1.395 Otherwise, RNDR also has the resistance around 1.54 when it goes up if bounce back from the support Time will tell
while going through the price action it can be a pullback to 3rd point. the pink box which is having more green candles can act as support where buyers actullly entered with huge volumes. trade with caution as fall can be faster after a while when bulls loose momentum.
Daily Chart World Coin is nearly support around 0.89 that is 0.5 FibRe Chart 4H TF BINANCE:WLDUSDT is in consolidation phase from 1.04 - 1.2 I wonder WLD will create Inverse Head Shoulders... wait and see If World Coin breakdown below 0.97, it can down lower around 0.5 FibRe Time will tell
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC breaks down from the head and shoulder pattern in a 30-minute time frame and looks bearish here. We might see a small dump up to the $25.2k level from here followed by a quick pump. So basically I'm expecting a quick dump today or on...
Friday NFP saw the daily candle close in a very weird spot. 1. it started as a very bullish candle and turned doji 2. it closed within the range 3. despite being a doji it created a support with the previous daily bearish candle. Is this significant? I don't think so. not yet. Monday's daily candle will tell us everything we need to know, especially as we will...
Monthly chart shows one thing. STRONG rejection. And where there's a strong rejection, there's a chance of a price reversal. How does this coincide with what we are looking for? Well, August monthly candle did not have a top wick. If we can get a top wick created for the previous months candle then September SHOULD see a sell off going into the end of 2023....
So far this week price action has been very slow, with the only movement coming in as a reaction from news and little else happening inbetween. We are at a key level where Gold either makes or breaks it's August and september start with core PCE news today, and NFP tomorrow. The main thing to look out for today is a liquidity grab, which are levels marked in...
I trade breakouts/breakdowns, reversals, and retests. All the details are on the chart. 8/31/2023 - 445 give or take bounce to 455 (may happen same day or could take a few days, but I mention it to show its the next major target before a possible reversal.
Looks like a cup and handle to the downside, continuation pattern. Support is giving up, take profit at the next phycological level 0.6400 but there is no limit how far down it can go. Just let it fall.
Gold has reversed and is current in a bullish trend, however we are reaching areas where we have seen strong areas of rejection AKA ranges where gold tends to get stuck within Due to this I'd be cautious with swing trades, but I am very much so looking for trades on the lower timeframs
Apparently price is forming a HS after a false break out. It makes sense since the market rejected very hard the first attempt to break up the resistance. Now is accumulating into a bearish flag. I have a short position here, it could open with a gap down any day from now on. I don't want to miss that gap. My short position is moderate and I will add after the break down.
You have to be prepared for any situation. Especially in September, October which are bearish months for stocks markets