In a strong downtrend recently, brief dead count bounce at a strong demand level. Still above this level for now. Bearish divergence on the MACD. Rejected off the 50EMA and the RSI 50 level, which could be early confluent factors to suggest the trend is still intact for now and this is a lower high before trend continuation. DXY 4H chart attempting to breakout of...
The price of gold today, November 1st, experienced a significant decline on the global market due to the rise in the value of the US dollar against several other currencies, while US stocks continued to increase. Gold failed to surpass the resistance level of $2,010 per ounce, resulting in a loss of several dollars per ounce overnight. As of 6:00 AM on November...
Bitcoin's price is still struggling to surpass the crucial resistance level of $35,000. If it continues to struggle near $35,000, BTC may experience a downward correction and retrace back to the support level of $34,000. If Bitcoin fails to break above the resistance level of $34,650, it could start a downward correction. Immediate support on the downside is...
Yesterday, gold experienced strong trading at the level of 2010 USD, but it was unable to sustain its upward momentum and quickly returned to the lower range of 1979 - 1980 in today's trading session. It is evident that gold is likely to lose its appeal as a safe haven as the world gradually adapts to developments in the Middle East. In fact, concerns about...
HELLO! BTCUSDT is trading slowly when overcoming the resistance level of 34,000 USD trading at 34,373 and continuously decreasing in price, currently down 0.29% on the day and still showing no signs of stopping. The immediate goal of BTCUSDT is probably to find the support level at 31,000 USD and retest the previous breakout area. I am still optimistic but I also...
GBP/USD is fluctuating within a narrow range during the Asian trading session before dropping to the 1.2100 area in the European morning. The long-term technical outlook indicates that the downward trend remains intact. Over the weekend, the United Arab Emirates (UAE) called for an emergency meeting of the United Nations Security Council to discuss the situation...
IMM matches the adage, "Markets take the stairs up and the elevator down".
Hello dear friends! After completing wave D from the ABCD pattern, GBPUSD has started a downward trend. Currently, this currency pair is trading at 1.2117 and showing a SIDEWAY movement while receiving support from the 1.205 level. In the short term, we can see an upward price movement for this pair. However, the prolonged downward trend over the past few months...
Hello,Traders! EUR-USD has formed a Bearish wedge pattern While trading in a downtrend So when the breakout happns It will be a signals for us To expect a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This is trade idea for EURUSD Day Trade -Sell around BOS according to the confirmation that will occur. -Price below SSLQ Asian KZ -Possible bearish price movement towards the support. -Risk Reward 1:2
This is trade idea for GBPUSD Day Trade -Sell around BOS according to the confirmation that will occur. -Price below SSLQ Asian KZ -Possible bearish price movement towards the support. -Risk Reward 1:2
This is trade idea for AUDUSD Day Trade -Sell around BOS according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:2
This is trade idea for EURUSD Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3
Ribbon Finance Secondary and main trends. As on many cryptos from the beginning of trading history - downtrend. Then breakout of this downtrend and horizontal accumulation channel started to form(stop of price drop). This channel is lasting for more than 400 days already. This is more than a year already. Notice that there was a fake-out of this accumulation...
This is trade idea for AUDUSD Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3
In 2018 Congress failed to pass a budget and the US Gov't was shutdown. A monster dump ensued. Now comes Congress unable even to elect a Speaker. incompetence abounds. Expect the worst. Trend is Down. Trend continues until the End at the Bend.
HPE is revisiting the supply zone, marking an excellent selling opportunity. We're seizing this chance to go short at the current price. Our outlook suggests a significant price decline, with focus on two support levels: one around the double Fibonacci near $14.2 and the other at the key demand zone around $13.8. This aligns with the downtrend trendline, expected...
✅AUD_USD went up to Retest the falling resistance Line which is strong so I will be expecting A local bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅