✅I have observed a clear breakout in the structure of the 📉S&P500 Index. The price has dropped below an important daily support level and has not been able to recover. Upon retesting the broken structure, there has been a noticeable bearish response. I believe that the decline will persist. The next level of support is at 5,348.
It is possible that 📉EURAUD will retreat from a significant daily resistance point. After a notable upward trend, the pair appears to be overbought. On the hourly chart, a cup and handle pattern has emerged and the neckline has been broken. I believe that the market will soon reach the 1.6457 level.
The USDCHF has broken and closed below an important daily support cluster, which has now become a resistance level. There is a strong likelihood that the bearish trend will persist, with the next support level at 0.874.
looking at the monthly chart, we can see that previous market structure formed a fair value gap between the 2 lines annotated on the chart. Considering the bullish rally we've seen this past month, its reasonable to assume the trend will continue to up
In the 4-hour chart, an emerging but not yet fully confirmed Head and Shoulders pattern is distinctly visible. This technical pattern is often used by traders to predict potential reversals in the market. For the OKX chart, a critical level to watch is 63,480. If the price drops below this level, it could signify a bearish trend, potentially bringing us down to...
Hello guys, ETH ETF trading officially started on 23rd July and I would like to discuss what we can expect from Ethereum price in short and mid terms. If story repeats itself then we can expect price drop on ETH in short term as it was with Bitcoin after start of BTC ETF trading. I remind that Bitcoin price dropped on 20% after the start of BTC ETF trading. Same...
Oil and Natural Gas Corporation (ONGC), India's largest oil and gas exploration and production company, is showing technical signals that suggest a promising swing trading opportunity. Reasons are listed below : 285 Resistance Level: The 285 level has been a significant resistance zone and has been tested multiple times. The price is now attempting to break...
After reaching a local high of $39.65, the price of ETC sharply corrected to $18.15, a drop of over 50%. According to the volume profile, the price fell into a local accumulation zone near the Point of Control (POC), from which a reversal movement began. Additionally, there was a third touch of the descending support level. In the current price range, buying the...
Having a look at US10 and Dollar Index for the recent trading week session, there are similarities that, if continued, those looking to short will be in a lot of pain!
Pair XAUUSD Buyside trade Entry 2374.171 Profit level 2401.409 (1.15%) Stop level 2366.891 (0.31%) RR 3.74 Fri 26th July 24 5.00am LND Session
After a massive run breaching all-time highs, we are currently seeing a healthy retracement which is bound to attack last Fridays lows located @ 2,391. Once again, I am aiming for low hanging fruits, with the daily FVG located @ 2391 - 2386 being my next victim.
GBPCHF may pullback from a key daily support. The pair looks oversold after a strong bearish rally. The price formed a cup & handle pattern on a 4H and violated its neckline. I think that the market will reach 1.14 level soon. ❤️Please, support my work with like, thank you!❤️
There is a possibility that BYBIT:SATSUSDT may have a pullback from here. Based on the price of the 4H timeframe, this may print. If you don't have a good margin, use stop loss as required. We can take advantage of the pullback by risking 2% of the account balance. Manage your risk appropriately. What are your thoughts about this analysis? Share them with...
That was well managed by the Expiry team. Made to believe close. It was ditto in June too, however, March April and May were larger moves on expiry day also. Now was that an opportunity to sell yesterday considering that the up move was false or was it confirmation that the downside is all but over. Frankly we are 200 points either side to conclude, or we are...
I'm finding myself gravitating more towards this crypto over Bitcoin, and that's mainly due to Ethereum's price. I'll explain my chart along with what I'm anticipating. What am I anticipating? Price is currently breaking a key lower-high on the weekly, which happens to also be the same area as the monthly (key) lower-high. Once that bull candle closes pass those...
Once the HTF equilibrium was met, a sharp rejection followed shortly after leaving little to no room for high probability trading set-ups. There is three price points that i have my scopes dialled into: T1 (weekly lows) - 1.08716 T2 - (Rejection Block) - 1.08480 T3 - (Weekly NWOG) - 1.08383 - 1.08061
$19,200 is regarded as a discount in this instance and this is where the most pain will lie if NQ was to continuously drop. I am expecting a relief rally, targeting short term highs at $20,162 for a potential mirror set-up in ES so i can take shorts into a discount aiming for $19,200
As you guys know, when i am in situations like this, i aim for low hanging fruits as when you are betting against the overall trend, it's easy to get your ass handed to you ! 5538 i the next draw on liquidity but the overall draw would be a liquidity pool located @ the volume imbalance @ 5500