BTC has made contact with the top of the Weekly Bull Channel and has come up against some resistance. In my previous 4HR analysis, I showed the potential for a measured move from the 4HR Bull Channel to the Weekly Bull Channel Resistance, we have reached that price of about $38,000. Where do we go from here? Key Points 1. Bull Channel means we should always...
Solana has broken out of the 4HR bull channel and is beginning to pull back to the channel top. Contact with the channel top is a crucial moment in deciding which direction the price is likely to go. A bull signal bar followed by a 4HR confirmation bar (bull bar closing near its top) is what we're looking for to remain long. A bear bar closing near its low below...
there is confusion on monthly cause price gave a new low pulled back then a bearish engulfing. at the same time it broke a counter trendline and came back to retest it. at the moment i will 70% bearish, price formed a shooting star on weekly after been rejected from resistance at 0.382 fib level also a bearish engulfing on daily. cause of all the drama i will wait...
HDRN/HEX on Ethereum has just eaten up a low made in mid-May of this year and so far this week has formed a nice hammer/dragonfly doji candle. Wild speculations of a potential for a target of 120% against eHex are bouncing round my tiny mind & even for 330% by the end of the cycle.
Does a price action on Dow resembles a cup & handle formation on a daily? 34000 - 34450 is a huge resistance - the neckline of the pattern that the index is currently approaching. Its bullish breakout - a daily candle close above - will be a strong bullish signal that will push the prices much higher. Next goal will be 34950. ❤️Please, support my work with...
In early trading in the European market on Wednesday, spot gold continued to be under pressure, with gold prices currently around $1,967 per ounce. Gold prices successfully hit the target price of $1,962.35 per ounce on Tuesday. As long as it remains below $1,975.25 per ounce, the outlook for gold prices will continue to be bearish. Spot gold fell on Tuesday as...
Entering the European market on Friday, the market maintained its decline. The hawkish remarks of Federal Reserve Chairman Powell caused investors to reprice their bets on interest rate cuts. The US dollar was basically stable, while gold continued to maintain a narrow range of fluctuations. It has fallen by nearly 40% so far this week. The U.S. dollar may have...
A very good candle to close the week by Nifty on Friday. In general, there is good buying on the Muhurat day. In addition to this markets in US and seems to be closing on a strong footing in US. All this can lead to a bumper Muhurat day session and the following week can also shine with positivity in this festivity adding more glitter to the festival of lights....
On the above daily chart price action has corrected 60% since the year began. A number of reasons now exist to consider a long position, including: 1) Price action and RSI resistance breakouts. The trend has reversed. 2) Price action prints a bullish engulfing candle on past resistance followed by a hammer candle. What a chart. 3) The falling wedge measures a...
I've been looking at the charts and based on what I have been trading lately on BTC buys, I have taken a small amount from my holdings and will wait for the retrace to $30500. if it retraces this will give an extra 20% on the amount i have withdrawn. let me know what you think and soon we will find out if i was right!
Typical judas swing, trick you short by taking out Asian low (intention and direction) trick people long take out Asian high (fake out). The MM push towards Asian low and hopefully beyond
Gold has made a lot of downward pressure the last few days, I have entered a long based on the price action, this is a fade trade from the change of character on the lower time frames within the demand zone
I've identified a Bat Pattern retest on the NZDJPY, representing a counter-trend trading setup. This trade is categorized as a combo trade due to the presence of a bearish shark pattern retest on the weekly chart. In this instance, I've opted for an aggressive approach , meaning I'm engaging in the trade before waiting for candlestick confirmation. The...
TP5 @ 0.6485 TP4 @ 0.6470 TP3 @ 0.6425 TP2 @ 0.6395 TP1 @ 0.6350 BLO1 @ 0.6310 ⏳(moderate) BLO2 @ 0.6285 ⏳(conservative) ADDITIONAL INFO: 💵 You can DCA these Buy Orders 📈 Or just place the conservative position 🔑 BLO = Buy Limit Order DCA = Dollar-Cost Average PA = Price Action PB = Pull Back SLO = Sell Limit Order ⏳= PENDING NOTE: Dollar-cost averaging...
Ladies and gentlemen, i think that this pair is ready to fly prepare yourselves for the big win targets are clear in the chart good luck
Have you seen a break of structure on Silver, an imbalance bullish candle then? It looks like here we have an example of a bear trap. I anticipate growth on Silver now to a falling trend line. ❤️Please, support my work with like, thank you!❤️
All directional timeframes are bullish, so we only interested in longs from the dollar index which indicate to everything else which we will be trading.
Entering on the retracement on the orderblock that caused BOS