Gold was a touch firmer this morning, but it’s hard to say if the price has found a floor yet. It’s been a bad week for the precious metal, even though it rallied on Monday to hit a record intra-day, and closing, high. Since then it’s been all downhill, and sharply. This morning it traded at $2,325 which represented a decline of 5% from Monday’s high. The move has...
Short-term downside reversal in a trading range formation
I think that Bitcoin will soon go beyond its ATH, then again, before reaching 80k, it will return for liquidity.
Life Health Care was presenting a simple Head and Shoulders with a usual drop for a short. The price started off well then went to the entry. Wake up and not only did it go past R15.96 target... The market opened aty R10.80 exceeding our expectations and profits. It's these trades that we absolutely love and can't help but get excited when things go...
XRP/USD (Ripples) still forming this huge and boring symmetrical triangle on a 1W timeframe. Full send after a breakout. After a clean breakout there is a probability to see $0.75; $0.935; $1.00 once again.
Dogecoin is doing a nice pullback to the area shown in the chart and getting ready for a rise. Based on weekly analysis, the target is about 0.3$ - 0.34$. Remember this analysis is based on a weekly timeframe, thus, do not rush into a buy position in the future market! What's your opinion? agree or disagree? write down below :)
After a long wait once the price broke above the W Formation. Then moved sideways and crossed above with the Cup and Handle. The first target of Hulamin hit at R3.91. The momentum is still strong and on the up. And we can easily see further upside to come. So, the next target with similar momentum will be to R4.40.
This weekly vs daily Bollinger band mean reversal system, confirmed with crossovers in the KST indicate that it's time to take profits in PG. Note that there is another Bollinger band applied to the Chaikin oscillator. The Chaikin falling with narrowing bands signals continued downward pressure.
Morning lads, Figured I'd share my view on BTC for the following weeks. There's a chance that instead of a channel, its a descending triangle on the daily, bringing prices to 50k. But Im gonna keep that in mind and hope we move up! This trade would help alts tremendously as well.. Trade thirsty, my friends..
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Trading Setup: There is a Trading Signal to Sell in Gold XAUUSD Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 2404.7 ⭕️SL@ 2420.3 🔵TP1@ 2361.0 🔵TP2@ 2344.5 🔵TP3@ 2315.0 previous signal What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
Monthly context "+ long impulse + SOS level + support - above 1/2 correction + volumed 2Sp + weak test" Daily context: "- short impulse + volumed T1 + support level + volumed manipulation" Hourly context "- short impulse + biggest volume T1 level + support level + volumed 2Sp" 5M set up - short impulse + volumed T1 level + support level + biggest volume Sp +...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
In this video, we delve into the recent movements of the Pound Sterling against the US Dollar as the GBP/USD pair hits a temporary pause near the key resistance level of 1.2700. Investors are closely watching the upcoming release of the United Kingdom's Consumer Price Index (CPI) data for April, which is expected to provide crucial insights into the interest rate...
Stellar (XLM) Stellar is an open-source, peer-to-peer virtual currency network that first appeared in 2015 The network was founded by current chief architect Jed McCaleb, current chief scientist David Mazier, and former lawyer Joyce Kim, who has since left Stellar The network aims to make moving money across borders faster and easier, especially for those...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
In this educational video, we delve into the recent surge in gold prices. There has been a notable uptick in gold prices, with XAU/USD recently surpassing the $2,400 mark, for the first time in almost a month. This surge in gold prices has piqued the interest of traders and investors, prompting speculation about the underlying factors driving this upward...