Around a week ago I made an analysis on ETH. Here I discussed the potential reversal from the long-term bullish channel. The above analysis was a success. However, with BTC showing some bearish signs over the last week, ETH has broken out bearish from the above mentioned channel. Currently, a clear triangle / pennant pattern is forming on the chart. I'm not...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. If you enjoyed this analysis, I would definitely...
Security and privacy are incredibly important to us. We have an entire team dedicated to it! We want all members to be absolutely confident that they have the tools they need to ensure their accounts are secure, safe, and protected. Let's get started. The Obvious Tips Don't use the same password everywhere or else one breach could expose all accounts. Make...
George Soros said "Most of the time we are punished if we go against the trend. Only at inflection points are we rewarded." Even if we go with the overall trend on a pullback, we are going against the short term trend, and this is very punishing if done mindlessly. Cruel game, I have to be patient all the time, wait months, and then I might have just a few hours...
US month-on-month CPI data released earlier showed inflation rising to a record annualized rate, exceeding expectations. Will the Fed be forced into earlier monetary tightening, and what might that mean for commodities, currencies, and stocks? Today’s release of June’s US CPI data revealed that annualized inflation has jumped from 5.4% the previous month to 6.2%...
BINANCE:SOLUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #SOL is moving in a different based range zones since 17th September. There are some similarities between this zones and movement ! - On every range zone, There was a deviation below...
Asset classes - Part 1 - Stocks, Bonds, Commodities and Currencies There are several types of asset classes which group together investments with similar characteristics. However, each asset class also has its own particular features that it does not share with other asset classes. Most common asset classes are: equities, fixed income, real estate, commodities...
Hi traders: Here on NASDAQ price is once again at the top of the overall structure. From my 2 previous short idea, they all hit the bottom of the higher time frame ascending structure, but did not continue lower. This is simply a sign of the HTF correction phase isn't over. Now, we are once again at the top, and bearish price action has begun on the LTF....
In this idea I share how the candle could affect the strength of the market and know possible changes in trend
The U.S. Dollar Index has made a Triple Top just over 94.260. Currently the 4H MA200 (orange trend-line) is giving a short-term bounce but the true Support is the 1D MA50 (red trend-line), which already held once on October 28. Based on the long-term Bullish Megaphone though, the downside target of a Higher Low is the 0.786 Fibonacci retracement level and that is...
Hi traders, here we are on another workshop. Today I'll be sharing some of the points on differentiating skill or luck trading. Majority of the traders have absolutely no clue on are they doing the right things or not? Here's a few key points: Skill 1. Winners and Losers - If you are a skilled trader, you're someone who understand the probable and possible...
Trading is 100% about perspective - Many people think markets only go up. And for some time, they sure feel like that. I wanted to highlight, the moves we have spoken about since covering BTC and highlight where we are in this cycle. Knowing is useful and for a longer term "investment" I have specific criteria I want. I must say I have been very grateful for...
Netflix is in the uptrend and currently, price has been pushed to the upside, after touching the ascending trend line and also the first support zone (S1). On the other hand, the last 4H candle has been closed a little lower, below the trend line. We still don’t know if this is a fake breakout or not… we should wait for the current 4H candle to see if it will be...
EOSUSD is set to play catchup with other cryptocurrency pairs such as Bitcoin, Ethereum and Litecoin as price action builds a nice base. I expect that buyers will get more active with a move up through the 5.050 zone so watching to see how sellers react up at the level. The stage is set...just watching for the action to kick off.
GBPAUD is showing us some really interesting price action. We recently bounced off the channel support and broke a descending trendline, indicating that we may be starting our bullish wave, even if its just short term. The price action indicated in the blue oval is almost identical. Expecting a massive move up in the next couple of days. Trade idea: Watch for...
If you are bullish crude, a good way to express it right now is via short USDNOK. Following the VAR shock in early November, hedge funds have been forced to reduce popular positions (including NOK, which was a favored reflation trade). I think the VAR shock pain is mostly done and USDNOK and EURNOK should revert back towards the lows. Both pairs look around 1% too...
Hey guys. Sometimes short, simple ideas can be very helpful as well. Sometimes they're just things to keep in mind in order to stay prepared for any situation that may arise in the markets! This is one of those ideas. We have the BTC DOMINANCE chart on top and the ETH DOMINANCE chart on the bottom. Personally, I think the BTC.D is a little bit LOW compared to...
This chart analysis shows you the power of order flow using two main things: OB - Order Blocks BOS - Break of Structure If you can determine a trend utilising impulse and correction, you can almost always ride the wave by scaling in positions using this method. First, determine your trend and then wait for a break of structure of a low/high. In this example,...