Here is our four-hour chart for the EUR/USD pair. Following a similar narrative to the gold chart published earlier today, we are anticipating a continuation of its bearish movement down based on the larger timeframe swing moves visible in this image. We are looking for a possible retrace to occur from the major swing low highlighted in the chart or a complete...
Hello everyone! It's great to be back with our weekly analysis for the gold market. Last week, we successfully played out of the supply zone we identified for sells and we're now seeing price break down. There is currently only two small gaps left to be filled, with one being in the area we marked as *gap to be filled*, This gap represents an imbalance between the...
Outlook on GBPUSD: last week we managed to catch the drop of the pair two times exceeding 150 points. looking at the pair we se that it has not managed to break above the resistance line. Now we see a reversal pattern rebounding off a key supply zone. Our view is still bearish but we will wait further confirmation before entering any trade. If price closes...
Chiliz after Retracing to the .886 PCZ of a Potential Bullish Deep Cypher has bounced back into a Previous Zone of Support and is now Holding on to a Potential Demand Line. It also appears to be double bottoming on significant timeframes at these levels. If CHZ can successfully hold the line here we could see it go up to target the Neckline of the Double...
After reaching the bottom of the channel and reacting, we see a growth of 3% Consider the lower areas 💡 Make money ✌️
What's up, traders! In today's market breakdown, we're mapping out our latest levels to watch for on the Litecoin 1H chart. Let's dive right in... Ticker: LTCUSDT Date: 05/12/23 Timeframe: 1H Supply: 83.82-85.24 (1st red zone), 89.07-89.86 (2nd red zone) Key zone: 81.41-82.00 (grey zone) Demand: 75.18-77.74 (green zone), 65-67.58 (green...
NEARUSDT is in wedge cage with strong bullish divergence while below 50EMA. Will the 50EMA act like a magnet and catch the price to upside with a strong support from bullish divergence?
GU has been giving us clean price action, we had a change of character to the downside going to our discounted demand area where we can start looking for buying pressure. Look for CHoCH on the smaller timeframe to confirm your buys during the London session Apply proper risk management!!!!!! ALL THE BEST.
What's up, traders! In today's market breakdown, we're mapping out our latest levels to watch for on the ETH 30m chart. Let's dive right in... Ticker: ETHUSDT Date: 05/10/23 Timeframe: 30min Supply: 1875-1890 (1st red zone), 1915-1935 (2nd red zone) Demand: 1780-1820 (green zone) Commentary: Major crypto as of 4PM ET stands exactly where it was before CPI...
Hello Traders👋🏻 On The Daily Time Frame The EURAUD Price Reached A Support Level (1.63148-1.62212) ! Currently, The Price Broke The Key Level (Support Level Becomes New Resistance Level) If Price Stays Under The Key Zone, EURAUD Can Continue The Bearish Move📉 ----------- TARGET: 1.60700🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello friends. According to following reasons i personally go LONG for BTC/USD : 1 - Reach the Higher Timeframe Valid trendline. 2- shape an Bullish Engulfing pattern on this line. 3-Reach the 27000 support level. 4-Bullish divergence Between Price and RSI. 5-Long distance from 50 , 100 and 200 EMA So for these reasons i think we can go up till drawn trendline...
gbpusd , great british pound / u.s. dollar (the cable) economic outlook : on May 11 2023 the BoE is meeting and it is expected that they will hike the interest rates and even though on May 3 the Fed are also expected to lift rates there is a interest rate differential as the Fed are also planning to pause raising interest rates which could signal the british...
Got in calls a little late but love how we held higher time frame support around 10:30 at $10.33. Expecting this to bounce to $11.75 later this week. Might be able to catch some calls on this one over $10.81 if you keep an eye out.
- Price initiates by coming down, forming an imbalance - Price then forms Sell Side Liquidity (SSL) which is then cleared when price goes lower (taking out SSL lows) - Price then retraces sharply back up, forming displacement on the 5m - Price forms a 3m Fair Value Gap (FVG) which occurs at a discount (<=50 FIB) - Price comes back and mitigates this FVG and this...
What's up, traders! In today's market breakdown, we're mapping out our latest levels to watch for on the BTC hourly chart. Let's dive right in... Ticker: BTCUSDT Date: 05/08/23 Timeframe: 30min, 1H Supply: 28650-28890 (1st red zone), 29770-30040 (2nd red zone - strong supply) Demand: 27660-27960 (1st green zone - trading here currently), 26500-27000 (2nd green...
My analysis is based on an entry strategy that I often apply. I proceeded to identify a demand zone after a structural breakout (BOS). Then, I looked for confirmation on M15 and subsequently identified an entry point with Fibonacci. The target is two targets with a final target in the 172.40 zone RR 1:7. Let me know what you think. Happy trading to...
Hello to everyone, Kotak Bank trading near weekly support zone & RSI Bullish Divergence also happening near support zone , which gives double confirmation that the price may go upside. So here perfect low risk and high reward setup. #KOTAK MAHINDRA BANK📈📉 👉🏻Stock approaching strong demand zone✅ 👉🏻 1690-50 Support👍 👉🏻Stock bouncing from support📈📈 👉🏻RSI...
This week, the gold chart has surpassed the last major swing high, indicating a potential for higher prices, especially given the bullish fundamentals. We have identified the latest range using yellow dots and observed a significant amount of liquidity around and under the latest swing low. Therefore, to avoid becoming part of this liquidity, we will be cautious...