MATIC is rising according to last growing pattern (15min. 14.05.2021 - 16.05.2021) Horizontal lines shows when I sell (red) and when I buy (green).
Channel Scheme Target one: buy 1.22450 Target two: buy 1.23600 Don't forget to look the economic calendar. THANK YOU! GOOD LUCK!
Just wait for confirmation. Don't forget to look the economic calendar. THANK YOU! GOOD LUCK!
1. Market has gapped up in overnight trading and bullish moves accelerate on Non-Farm payrolls. NFP disappoints, so retail traders think the market should come down, as prices rise, they flip chasing the markets higher. When they are all fully long, the market makers pull their bids/support, when the overnight inventory/supply is bought up by the retail traders....
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on May 4, 2021 with a closing price of...
Bitcoin BTC Price & Stock to Flow with Buy & Sell Indication
Market Structure: Bullish GBPUSD Is trading in the zone (in the green highlighted box), and I am waiting for a breakout to occur. If it breaks the blue line (1.40080), then I'm waiting for buy pending orders. However, if it breaks the red line (1.36746), then I'm hunting for sell orders. Market Structure is bullish, however, you'll never know what might...
XABCD Pattern Target one: sell 1.17610 Don't forget to look the economic calendar. THANK YOU!
When we looking at NASDAQ for Buys: We need to break the Key Psycholgy level 14000 and Weekly/Daily/4H Ressistance then we can enter at the Retest to look foward for NAS to make new Highs during the week for sells: wee need a breakout of our zone that we marked up so if we can not break the ressistance i would look foward to sell at this point !! a lot more...
We have to wait for the price to react to two important supports , 0.90970 - 0.90630
BULLISH FOR THE PAIR: 1. Market reports: German Manufacturing and Services PMI beat estimates, Business and Consumer confidence are rising. US PMIs and Consumer Confidence are also up, but the USD is currently more focused on yields and risk sentiment. News: Accelerated vaccination efforts in the eurozone to support the EUR against other currencies. Risk...
Hi traders, DJIA opened the day lower, together with other major global indices after a strong sell-off in the stock market. The only index that traded higher today was the Hang Seng, but it also gave back some gains ahead of the closing bell in Asia. Now, DJIA is trading near a well-defined channel support and the 61.8% Fib level, which could provide some...
The EUR/USD pair opened the trading week strongly as lower US yields put selling pressure on the US dollar in the early London session. Vaccination efforts in Europe and German politics (the Green Party announces their Prime Minister candidate) are also likely supporting the pair. Today's light economic calendar doesn't come with any major market reports. In the...
Hi traders, we bought the GBPUSD this morning after the dip to liquidity around the 1.3850 level. FUNDAMENTALS: The pair has been supported by easing lockdown restrictions in the UK, vaccination efforts, and lower US yields. INTERMARKET: The divergence between 2-year UK and US yields could provide some headwinds for further gains. However, the 200% Fib...
Hi traders, here's today's analysis of USDJPY. As usual, we'll cover all FIST components, including Fundamentals, Intermarket signals, Sentiment analysis, and Technical levels. All four components combined form our FIST trading strategy, as used by many institutional players. FUNDAMENTALS: Market Tone: The USDJPY pair has been trading lower in a nice...
Gold has been attracting buying interest since the $1,700 levels, reaching a multi-week high of $1,790 yesterday. Today's trading range is rather narrow, with bears failing to push below $1,763, and bulls facing a strong obstacle at $1,775. Falling real US yields have been supporting the yellow metal. This chart shows the 10y yield minus inflation, and the...