If BTC price doesnt reject the 36200-36700 area and go back up, we can expect at least a $3000 drop. Look out!
This may be against the trend or as my friend says "going against a tsunami" but there's technical evidence to suggest that we may see a drop in Gold for the next couple of months. On the monthly timeframe we appear to be in wave 3 - which is made out of 5 impulsive subwaves. See below: Wave 2 and Wave 4 are ABC corrective waves and on the weekly timeframe we...
Hello Traders, My name is Philip and I am just an average stock and indices trader with over 4 years of trading experience💻 ------------------------------------------------------------------- ➡️In today's video, I will analyse Palantir for you🫡 ------------------------------------------------------------------- ➡️Let me know your opinion about today's...
Gold has found support by the trend channel in 1933-1945 and rose sharply to 1988 on Wednesday. But today it faced heavy selling pressure at the 1993 key level and corrected to 1980. There is a high chance, that gold will revisit at least 1972 and a potential Head and Shoulders Pattern is already forming. You can trade the break of the neckline or a pullback...
Crude oil is trading lower, currently showing blue wave C in late stages of a corrective wave B pattern. We can also see now five subwaves down within C from 88/89 zone, where final subwave (5) of C can be now coming to an end with a huge volume increase. We can actually already see a sharp bounce from the support that can be signal for a minimum three-wave...
Overbuyin Drasticly volume decrase Uptrend close to breakout... I've start a little Short X10 at 6.821 Midrange short target: 5.25$ This is not a financial advice. Do your own analyse. Its just to share with people that is interested.... Have a good day !
Considering the relatively muted weekend activity and the ongoing weakening of the USD, it's reasonable to anticipate a slight bearish correction for XAUUSD in the coming week. The absence of a significant weekend push and the prevailing market conditions suggest the potential for downward movement. However, it is essential to closely monitor any shifts in global...
Hello TradingView Family / Fellow Traders, 📈 BTC has been generally bullish from a medium-term perspective , trading within the ascending broadening wedge outlined in red. Currently, BTC is positioned near the upper boundary of the wedge ; thus, we can anticipate a correction if the last minor low highlighted in green is breached downward. 📉 If the green low...
Currently, Apple Inc. (AAPL) shares are presenting intriguing signals for discerning investors. Two key technical indicators, Stochastic RSI and MACD, provide indications that AAPL may have reached a point of overbought conditions. Stochastic RSI, serving as a measure of market saturation, highlights AAPL's overbought condition, suggesting that the price has...
GBPUSD H8 Yesterday evening, we thoroughly analyzed this particular currency pair with one of our coaching members. We emphasized the evident confluences, including notable supply and resistance zones, along with the psychologically significant 1.25 price level. Today, we anticipate a slightly bullish trend for the USD, anticipating a relief rally after a...
50 MA in blue, 200 MA in green. There is a "W" pattern where the 50 MA also crosses under or over the 200 MA. It can be useful in short-term and long-term trading. If the pattern repeats itself, with your ruler you can see that there should be a correction for the next 2 months (according to the previous corrections in the bull run which are about the same...
Good morning Folks! I hope all of you are doing well. Here’s a short setup I wanted to share with the community. I believe SXP is facing a resistance here and looking at BTC( on verge of facing a small correction), I believe SXP is headed back to the strong demand zone ( Marked in Pink). Short setup: Entry price: CMP TP1: 0.336 TP2:0.316 Stop Loss: 0.368 Not...
Good morning to all Folks out there! It has been a great week for Alt-coins so far and I am hopeful a-lot of you would have made good gains so far. For anyone doubting the gains, I already spoke about Alt-coins rally in my previous idea and was pretty bullish on Alt-coins with BTCDOM getting rejected on a Major level. INJ or Inject have been a gainer and have...
Hello, traders and friends. Let's analyze the GBPJPY 1-hour timeframe chart and explore a potential buying opportunity in this pair. Yesterday, the price successfully broke above a Daily bearish channel that had been pushing the price lower since August 21st. This impulsive breakout to the upside suggests the potential for the price to move higher, possibly...
As We Talked in The Previous Analysis: The GBPJPY Price Reached a Daily Support Level (180.750 - 180.093) and Broke The Resistance Line Currently, The Price Created a Rectangular Range. The Upper Resistance is Broken and Becomes a new Support Level. The Price Created a Correction and Touched The Support Level! and Now it Will Continue its Bullish Movement...
H i, I looked at Pfizer's chart and it looks like this deep correction won't stop until the $30 zone. The fact that side effects have developed worldwide due to the Covid vaccine and many people have filed lawsuits against pharmaceutical companies probably also plays a role in this deep decline. There is a lot of money in the pharmaceutical industry, so I think...
CME_MINI:NQZ2023 - PR High: 14962.00 - PR Low: 14924.25 - NZ Spread: 84.25 Key Economic Events 08:30 – Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate 09:45 – S&P Global Services PMI 10:00 – ISM Non-Manufacturing PMI - ISM Non-Manufacturing Prices Continuing to push supply with strength - Breaking multiple levels of long-term sell...
Hi Everyone All I have available is the price chart and that's all I need. And what I see on the chart is an unconfirmed ( yet unconfirmed ) DOUBLE TOP pattern. For BINANCE:TRBUSDT As the momentum decreases and the price ceilings approach each other, and the price approaches the ceiling of the ascending channel , Considering the dominance chart of ...