Simple. The chart speaks for itself. Looking for one more wave down below 1.200 to the long term trend lines and fib ratios then off to the races to test the long term equidistant channel up towards 1.900 by the end of the decade on into the early 2030's.
INJ made a great performance in 2023. If BTC continues to shows weakness at key resistance ($48000), INJ would start correcting more deeply. Indeed, in 2D-TF, RSI and CMF indicators had already broken (down) their trendlines. Moreover, bearish divergence can be also observed. As a result, a Short set-up is as in chart. In weekly TF, here is my view: INJ is...
We have the EMAS Crossing above the signal line on the 4 hour chart, that's a very buillish sign and exactly what we want to see for bullish continuation. We also Bounced of the .5 fib when we consolidated momentarily which is another extremely bullish sign. We are very impressed by the buying prescience in volume with this one. Volume definitely is at it's...
We're eyeing a particularly interesting chart: Polygon BINANCE:MATICUSD . On the daily chart, we're observing a very discernible cycle. While we've certainly seen very impulsive upward and downward movements in our last bull market, we've been convinced since the summer of 2022 that we completed a downward correction and have since developed a Wave (1) and (2)...
SBUX is sitting on a key support going into Earnings. Confluence of two high timeframe fibs that are proven. What happens at this zone could start a trending wave. =========================================
pltr is now trading 16 dot something. Don't be a bad investor or a bad trader, always try to buy at a lower price!
#dxy weekly, a bit of of a different analysis. The price of the {tweezer-top} candle formation from early December has capped price, in recent weeks. That price also aligns with the Fibonacci 50% retrace level since this downtrend began in Oct '23 A hidden confluence of resist.
I invite you to review the BNB/USDT chart, on a four-hour interval. As you can see, the price remains above the local upward trend line. Looking at the price increase, it is worth spreading the fib retracement grid, thanks to which you can see the price fighting in a strong resistance zone from $308 to $314, and then there is resistance at $322. Looking the...
FX:USDJPY Preference: The current 4-hour chart showcases a strong uptrend until the price level of 148.672 is attained. Upon reaching this point, the price began to exhibit lower highs, leading to the creation of multiple rejections within this region. Following the establishment of this area as resistance, the price proceeded to break out and is now...
EURJPY Short at LH (also 0.5 FIB occur) SL , TP mention in chart
FX:GBPUSD Preference: This currency pair exhibited a prolonged period of upward momentum that persisted until its valuation began trading within a range on the 4-hour time frame. The range has been consolidating for the past few days. Notably, the most recent movement resulted in a retest of the support level within the range, and the price has since...
FX:EURUSD Preference: An analysis of EURUSD reveals that the bears retain control as the price continues to adhere to the downward trendline. Over a period of several days, the price consolidated on the four-hour time frame, but a recent move led to a downward breakout from the range's support level, and the price is presently reassessing that area. In the...
Looking to Buy EURAUD from 1.63250. I personally think the D200EMA will be slipped but some pullback potential is possible from the zone. There is also Alignment with EURNZD, which sits about 50 pips away from a potential zone of confluence, creating nice market alignment for the buy. SL 45 pips Full TP 120 Confluences: 61.8% Fibo Intra KL D200EMA
Tomorrow we will have a lot of information and data given to the market. Everything from the QRA (quarterly refunding announcement) from the Treasury to know what the allocation (or mix) of supply will be for the market between bills/notes/bonds. Then we will have private jobs data from the ADP. Following that we will have the ECI (employment Cost Index), then a...
Hey Traders! 📈📉 Today wasn't a trading day for me. Some days are super active, like yesterday, while others are more about watching and practicing patience. It's all part of the game! 🧠💬 I wanted to share a perfect example from today's news about how market makers can manipulate the markets and turn you into liquidity in just a few minutes. 😲 It's crazy how...
Q,M,W,D,240,30min trends are all pointing up. Consolidated briefly on Q OP node, before breaking out to the upside. Upside bias maintained.
BINANCE:BTCUSD is not reacting to the negative news about Grayscale transfers to exchanges, and and the recovering interest allows the market to redeem the correction a bit. Pic: Idea: BITCOIN → Why might the price drop to 34K before halving? The correction phase is not over, as the price has not yet left the boundaries that can confirm the end of this...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.