Bitcoin attempted to break out to the downside and escape the bull channel only to be met with a fierce rejection and rip back to $38,000. There is a slight pause at this critical price with some upside left to the top of the channel but also a good amount of downside to the 200EMA. How do we trade this? After a strong bull response like that and continuing in...
- really strong resistance level on weekly/monthly timeframe - last weekly candle bearish (took 2 weekly lows) - reject daily level (1980.42) - hit daily sell area my outlook for the next few days for gold also next week. I am bearish on gold and see 480 pips dropping target 1 is 1958.20
Last week's swing trade to $90 worked out well, yet momentum ha since shifted lower. I noted in the recent COT report that managed funds and large speculators have been trimming long exposure in recent weeks, and that managed funds increased short exposure last week despite the slew of negative headlines surrounding the Middle East conflict. This also...
gold projection posted on chart, looking for price to expand beyond yesterday's lows as price target Boost if you find value #XAUUSD #GOLD
Nifty retreated sfitly from top of yesterday that was 19875 to close the day at 19765 because it faced the channel top resistance as seen in the chart. This zone between 19816 to 19877 will be tough to conquer however Nifty will make an attempt again to close the week on a high. supports on the lower side for Nifty remain at 19714, 19627 and 19571 (Mid channel...
Now, a beautiful {tweezer-top} candle formation. Excellent reversal odds now. #bitcoin #btc
We see an about 60% correction of the rise since 8th November now. The window opened on 6th November has been closed. This means that we are ready for a renewed fall of the stock.
As We Talked in The Previous Analysis: On Tuesday 7 November, The USOIL Price Broke The Support Level (79.72 - 77.64). This Support Level Becomes a New Resistance Level. Currently, The Price pull back to important Resistance Line, And Formed a Bearish Pin Bar 📉 ----------- TARGET: 75.60🎯
After the release of US fundamentals, NZDUSD bounced rapidly. The pair formed a high momentum bullish candle and violated an important intraday resistance area. We may anticipate growth now. Goal - 0.603 ❤️Please, support my work with like, thank you!❤️
↪️Ethereum is trading in a strong bullish trend along a rising channel on a 4H time frame. The coin initiate a correctional movement after testing a solid horizontal resistance level of $2140. Upon analyzing the price action on the 4H time frame, I observed a gradual deceleration in momentum. Presently, the price is trading within a confluence zone where the...
Multiple time frame analysis for Gold. Update after CPI report. Trading recommendations. Important key levels. Trading plan explained. ❤️Please, support this video with like and comment!❤️
Dollar Index formed a huge bearish imbalance yesterday after a release of a CPI report. With one single candle, the market violated a significant demand cluster. It turned into resistance now. I will anticipate a bearish movement to lower levels. Next goal - 103.1 ❤️Please, support my work with like, thank you!❤️
hey! I'm looing for an buy opportunity on these zones zones are valid and have FVG and BOS lets see entry with proper MM and 1M Confirmation. Stay Happy!!
EUR/CHF posted a decent rally from its October low, yet we're yet to see a meaningful pullback. But one may be near. A 2-bar bearish reversal has formed at a resistance zone and the 200-day EMA. Tuesday's high is also a lower high in relation to the September high. From here we're looking for some bearish mean reversion towards the monthly pivot. What makes...
A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup. The only Trades which have been highlighted are ones coming off a level and showing promise.
GBPNZD has been such a weird pair for me. It gives off bearish vibes as annotated in my original analysis. As labelled on my chart, I entered short last week and got stopped out a few days later. Now that price entered and then exited the previous range on the downside, I'm enticed to make another attempt at a short entry. Plan is to wait for 1-2 more daily...
Back in October, I managed to capitalized on the initial range breakout. Another momentum play has been observed based on the price action detailed below. Price forms a lower high, which also indicates that we're likely seeing a price ceiling. Momentum picks up towards the downside on the neckline break. The range era has come to an end as price breaches...
Full disclosure, I own this stock as a long term investment since pre 2020 Currently has weekly demand level with bullish RSI divergence, This chart also forms a bullish bollinger band reversal with a close outside of the bollinger bands and a subsequent close within the bollinger bands with divergence I believe this stock is likely to increase to >$0.70c or...