FX:XAUUSD is trading under resistance pressure. The market is still forming a downward correction channel after a strong rally. Ahead of important news that will determine the medium-term outlook. The price is testing the correction resistance, but at the same time sellers are still holding the market back. Buyers do not let the price go beyond 2145-2150,...
Everything is clear in the chart After rising and correcting, the price is set at Fibonacci 61 and I am waiting for the daily candle to close
FX:GBPUSD GBPUSD has been in a steady downtrend since March 8th. The pattern that started this trend reversal is a double top at the highs. After the formation of the double top, we've had pretty healthy price movement during the price decline. With the retest of the previously broken structural level of support, we could see a fall to the 78.6 of the 88. on...
Bitcoin almost reached an all-time high, but not yet. Wait for it; it will go above the previous ATH from 2021 pretty soon! And what happens after that? A lot of people will start buying the new all-time high, the news will be full of articles, and retail trades will buy the peak. Whales need liquidity, especially on BTC, so they will trigger a massive crash after...
gold is bullish for while, left huge imbalance that rebalance about to occur soon without breaking new highs
Good morning traders. This is my setup for today. Not much to say tbh, gold is just creating liquidity all over the place. Important news today, so keep in mind. Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading...
If DKNG can break and hold 40 level, it can continue its momentum to the upside. Entry- 40 Stop loss- 32 There is a gap below, if it pulls back to fill the gap around 35, will add more. Target #1 53 Target #2 60
Please this not finical advise , bitcoin will make correction and may visit 56000 area and we will get new highs and new records still the real fun not begin . Cheers
CME_MINI:NQM2024 - PR High: 18281.50 - PR Low: 18267.50 - NZ Spread: 31.5 Key economic calendar events 10:30 | Crude Oil Inventories 14:00 | FOMC Economic Projections - FOMC Statement - Fed Interest Rate Decision 14:30 | FOMC Press Conference Prev session, inside print, above Monday's close - Back inside prev week inventory - Back-to-back inside daily...
Measuring from the wick down on 3 Jan up to the recent ATH, KAS has now retraced to the 0.618 Fib level, with the 0.786 at at the 10 cent mark, which is also current 200 daily EMA level. Daily RSI back at levels not seen since last June, signalling a potential buy opportunity, though whether or not the bearish divergences formed from mid Nov to mid Feb have played...
Fib 🖍️ for your consideration only. Fibs are not my strong suit. Plenty of headwinds here with the top of the fib and a 50% channel retracement likely. An upside breakout would be very bullish... But 200k just seems unlikely IMHO but anything could happen. Good Luck!
Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)
AMEX:SPY March 20, 2024 15 Minutes. AMEX:SPY opened gap down. So closed shorts around 511.5 levels. Consider the last rise from 511.13 to 515.99. Holding today, 514 levels I expect AMEX:SPY to make one more attempt towards 518-518 levels. AMEX:SPY has closed above all moving averages. The black bar on stochastic is on top, During retracement from 515.47...
Dear friends, gold has rebounded again after hitting 2148 in the short term. Gold is currently trading near 2154. Judging from the current gold trend pattern, the bullish momentum of gold has not been exhausted yet, and gold is expected to continue its rebound. However, the technical pressure above is relatively strong.So gold is relatively in shock. In fact,...
Possibly, In a short term perspective, BINANCE:PEPEUSDT is in downtrend move. We are expecting a huge bounce around 0.00000520 area, which also near on daily pivot point and 0.618 Fibonacci level. We can wait for an entry confirmation BEFORE buying.
My thoughts on Bitcoin for now are that it entered a weekly consolidation before moving higher. Ichimoku Tenkan Sen 3D (double settings) should become support, however a wave of FUD can push it all the way down to our Local GP. Watch the video and if you like it follow me on YT, I should start posting an update every Wednesday. Cheers!
GBPJPY is rising towards a pullback resistance and could potentially break above this level and climb higher. Buy entry is at 189.153 which is a pullback resistance. Stop loss is at 188.484 which is a level that sits above a swing-low support that aligns with 50% Fibonacci retracement. Take profit is at 191.317 which is a swing-high resistance High Risk...
GBP/AUD LONG "break of structure + 72% fib retracement + demand area" RBA Policy Change: The Reserve Bank of Australia has shifted its stance, removing its tightening bias and indicating a potential for rate cuts in the future due to concerns over high inflation and a sluggish economic outlook, leading to further depreciation of the AUD.