Let's see how these two years play out. Non-farm payrolls could slow the price or correct it, and if it's not a good result to the upside as expected, I feel like we'll get unwound, but if the price stays above 149.3, it will be seen as a support and a new entry to hold a positive SL to reduce risk Indecisive markets show ranges The candlestick turning strategy...
As shown on this chart (28 Feb- 12 May), the market is in a sideways trend (clumsy indecision). Can't say that it annoys (to be honest) but, I can trust a thief to steal my car because he knows his job well, knows what he wants to do :) Indecision kills! What to do when you don't know what to do 1- Control Your emotions ;) 2- Nothing goes straight up...
The liquidity area highlighted from the chart represents an important area where a large number of unfilled orders have accumulated. This accumulation suggests that there is a good chance that the price of Bitcoin will tilt towards this region in the near future. This setup represents an excellent opportunity for scalpers and short-term traders to anticipate a...
We saw our weekly target hit yesterday, I have a hunch as on the Daily we are constantly going back to the middle of the range that bsl of some form is in the eye of the market before we would want to move down. I ask myself.... Why would we want to go all the way back (weekly ssl level) if we have been here and raided Sell Stops... If I was the market I would...
Keep eye on this once breakout comes it will pump hard
Oil prices have now entered a buying range. People who were long oil started buying. The target is above 78.3.
Three weeks ago (April 23, see chart below) we called for a relief rally on Nasdaq (NDX) 18000, right when the price was at the bottom of its correction: The Target was the top of the Channel Down, which was the correction pattern and just below the 0.786 Fibonacci retracement level which during the July - October 2023 correction was where the uptrend was...
Crude oil began to rise sharply yesterday as geopolitical conflicts intensified and the situation in the Middle East became tense again. Both API and EIA reserves are negative this week, which is another good signal for crude oil. The upside of gold continues to expand with the support of data and geopolitical conflicts. At present, MACD is in the positive zone,...
Hello traders hope you all are doing great Here is our opinion on gold for today As you all know yesterday cpi news pushed the gold up and it spiked about 2379 and came back after the news but it went again and swept the liquidity resting the highs that created during the cpi after that gold ranged and market closed for now it has 2 scenarios rn gold is in range...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Hello, everyone According to today's news about the US dollar and the Australian dollar. If the US data is positive before the first target and if the Australian data is negative before the second target, sell the Australian dollar. Approach range 0.66522-0.66448 Stop loss 0.66730 First target: 0.65797-0.65747 Second target: 0.64908-0.64837
If DOGE breaks above the 200 EMA then it may continue upward. If it does not break this resistance than lower levels will be tested.
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
I hope you find it rewarding This week I think there could be a downward correction in GBP/USD, after which we can establish long positions in the blue zone. The internal signals of the day will be analyzed for you every day
Find trade parameters below; Entry 167.927-168.233 Textbook SL 168.261 Final TP 166.989 Drop a comment to let me know if you have picked up a thing or two form my analysis Warning: 1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. 2. Previous performance is not a guarantee that my...
Bull Flag on Pltr nice set up to have calls 6weeks out with a sl at19ish risk to reward amazing will update Monday premarket
A "double top" is a chart pattern often observed in technical analysis of financial markets, particularly in stocks or indices. It's characterized by two peaks of roughly equal height, separated by a trough. The pattern is considered bearish, signaling a potential trend reversal from an uptrend to a downtrend. Here's how it typically forms: 1. **Initial...