As we can see on EURJPY that it broke strong support zone and has came up to retest it as resistance with the confluence of 50% fib level so what I am anticipating is continuation to the downside also we have daily huge wick on the downside to be filled so it also adds confluence.
FX:GBPUSD RSI 75 first time in a good while. I think it will make a big swing before continuing to 1.28, which is not guaranteed obviously)) But looks like it could go down as low as 1.275/ 1.27 if tomorrows news will will not be as per forecast. At the minute I It looks like it will retest at 1.277/ 1.2755. FX:GBPUSD
The analysis mapping should be treated as idea sharing and not as financial advice. Trade at your own risk.
krsnaa is looking good now If there is a slight bounce from 600, it looks like it could go to 650 to 690. If it breaks the major level of 600, then it seems that it can go up to 530 comfortably A major fib level of 726 is coming which after breaking it can start an uptrend (which doesn't seem to break in this scenario.) We have tried to give some view on this...
Entry taken During London Session. 1. Price in an Overall Downtrend Creating LH's and LL's. 2. Daily Candle Strong Bearish Indicating Sells. 3. Price Created a New LH Indicating Sells over Buys.
The mapping shall be considered as idea sharing and not a financial advice. Trade at your own risk.
Gold has done liquidity void at level 2148 and is likely to further extend to level above 2200. Fibo expansion shows a reference about level 2215. M1-M30 created higher low(s) where uptrend order flow meets. Pending for H1 higher low created before proceed or price distribution. Two things to watch out: (1) there are two more recent day's Asian low...
Cryptocurrencies are experiencing challenges post the Bitcoin ETF release, a predicted event that didn't act as a Buy-like catalyst for the market. It serves as a reminder that not all assets surge after such an occurrence. Despite this, the current phase presents an intriguing opportunity, particularly for PolkaDot. PolkaDot has shown a somewhat delayed response...
FX:XAUUSD continues to test the highs. Price is trading above ATH 2023y. Bull Run may not be permanent, market maker may form a false resistance breakout amid distribution exhaustion. The exhaustion of the strong rally can be seen on this chart. Price is at its highs after a strong rally. It is not profitable for the market maker to let everyone make money...
A clean confluence of fibonacci, VAL, horizontals on the price of 1.1930. The level can also be associated with a liquidity grab. It is indeniable that this level is strong as Dwayne "The Rock" Johnson. High probability that this level presents a good short setup as invalidation is clear and downside is big. Invalidation is if price come barging through the...
BINANCE:MASKUSDT after the sell-off wave, which was triggered by the BTC correction from ATH, calms down and forms a pre-breakdown consolidation against the range resistance. The coin forms a symmetrical triangle, a pattern that is a consolidation, but the price exit beyond the boundaries is accompanied by a surge in volume, liquidity and is essentially a...
Manta Network builds the infrastructure so users can securely interact with zero-knowledge in the future. The project's mission is to bring the best experience to developers to optimize ZK applications. Manta Network serves as a gateway for ZK applications, using modular blockchain and zkEVM to establish a new model for a Layer 2 smart contract platform. Manta...
Hello Friends, Duo to SK system, everything is being drawn perfectly. The price is now set at the golden zone as shown in the chart, its expected for gold to raise duo to the global economic prospects, geopolitical tensions, and shifting expectations towards earlier interest rate As per my perspective, there are two areas to buy gold. Zone 1: From the golden...
Good morning, fellow traders! 🌅 Wow, gold is smashing records with a new all-time high at 2161.6 📈💰 Feeling a tad disappointed because yesterday I got stopped out at breakeven on what could've been a stellar trade. 😕 But check out this setup I've spotted today! 🧐 It's got all my favorite confluences lining up, so I'm expecting some sweet action from it....
Yesterday EURUSD managed to break the sideways movement and reach right to the first target 1.0915. The ECB is due to announce interest rates today and this will lead to more volatility in the EURUSD. The news is at 15:15 and the press conference is 30 minutes later! US jobs data will also be released tomorrow, where we also expect a reaction. If the rise...
CME_MINI:NQH2024 - PR High: 18048.00 - PR Low: 18018.50 - NZ Spread: 66.0 Key economic calendar events 08:30 | Initial Jobless Claims 10:00 | Fed Chair Powell Testifies Prev session printed as inside bar - Fading to prev session open from close - Inventory response off prev session lows - Consistently responding around daily 20 Keltner avg Evening Stats (As...
Bitcoin is currently re-testing the significant supply region from December 2021, where price spent almost a month failing to move higher after the initial move down from ATH. Since putting in a final bottom in late 2022, Bitcoin has rebounded strongly along with other risk assets. However, if this trend has been a corrective ABC move, the pattern looks near...
NASDAQ:IBIT March 7, 2024 15 Minutes. Yesterday we had sideways after a gap up open. For the rise from 34.03 to 38.59, holding 36.5 levels uptrend continues. I expect a correction as oscillator divergence is seen. For the larger move from 29 to 39 we need to hold 35 levels being the 61.8 reteracement for the shorter rise 34.03 to 38.59, which is also 200...