Bayer has reached a Fibonacci entry zone after yesterday's fall. There is a window to be closed that has been opened at the fall on November 20th.
Mara and Bitcoin related stocks have taken a beating, add that to the recent blood in the tech sector and its a recipe for disaster. I have been averaging into this dip after switching back to Mara over Riot. I will admit I made a major mistake thinkin that Mara share dilution would matter during this hype phase. I am going to stick with my original thesis on Mara...
I invite you to review the LINK chart on a four-hour interval. As we can see, the price has overcome the downward trend lines, but currently the blue lines mark the upward trend channel that the price has created with upward movements. Let's start by laying out the Fib Retracement grid, which will help determine price support points, and we can see that first we...
While I like DUOL from fundamentals and momentum leadership perspective, my interpretation of the price structure calls to be very careful to any potential sell- or trend-changing signs. 227-264 area is the zone of important resistance for the first leg of an uptrend trend, starting from May'22 lows. Until price is closing bellow 264 level, I cannot disregard...
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the short interval of one hour. We will start by defining the downward trend line in yellow, and here we can see how the price left this line sideways and formed the so-called Bearish Pennant, which we used blue lines to mark. It's worth taking a moment to...
Hello friends In the NZDJPY currency pair, we see a 5 wave downtrend. Then we see a rise in the majority of a correction. 5 corrective waves are usually wave A of a zigzag. We observed and counted a 5 wave in the dominant wave A. Wave B has corrected 61.8% of Wave A. Therefore, we are waiting for another wave in the majority of wave C. If you look at the time...
XAUUSD broke and fixed tow important area 2050 and 2030.i LOOK for selling signal, because price returns to the descending channel and testing local lows on the back of a rising dollar Resistance levels:2024-2030 Support levels:2017-2013-2010
Entry taken during London Session. 1. High Impact News came out for GBP, which pushed the Market to the Upside, Creating New HL's and HH's. 2. Price Creating New HL's indicating Buys. 3. Entry Taken at 15 M Retracement Zone.
Pendle is one of the stronger coins currently on the crypto market. We can see that we have had a pretty long consolidation where whales were accumulating coins. Of course they want to make money, so they sent the coin to the upside. We can see that the uptrend is starting to be parabolic, which is very good because you can make a lot of money in a short period of...
XRP is currently sitting on the main support of the ascending parallel channel. This is definitely a great opportunity to buy cheap XRP. We have a leading diagonal wedge as wave (1) followed by a sharp correction wave (2). Wave (3) should be in progress. You can be sure that XRP is a big deal for huge institutions such as banks. They are already investing a lot of...
Doge can crash by a 64%. Why? Because we have a descending triangle on the weekly chart, which is a bearish pattern. Also, how much % profit DOGE made in 2023? 0%. DOGE is going sideways. Do not get me wrong, I believe in future on DOGE, but investors are disappointed compared to other coins. I think we can buy cheap doge in 2024 / 2025. Then to the moon. Let me...
Morning Traders ☕️ This is my plan for today 💡 Since Monday gold is in a bearish trend, and it seems like it wants to keep it this way, so I am looking for sells. ⬇️ I marked this zone witch is a really nice sell zone that lines up with all my confluences (8/8) ☑️ Hope price will get there and gives us a chance to trade this setup 💪 Trade smart, not hard -...
EURUSD View on pair 1) 4H Bulish Two Supply zone 1 Previous which is respected and get pullback & new 4H supply printed as can see on chart marked But for short 15min choch 70.5% fibzone not reached for entry and demand zone meet So 2) buy view demand zone mitigation waiting for 15min choch to print bullish then 70.5% fib entry or if demand not respecting will...
EURGBP is currently consolidating, but we are highly confident in a bullish momentum due to the strong bullish divergence. We strongly recommend taking a long position until TP2 while placing an SL at the previous low to maximize potential gains.
CME_MINI:NQH2024 - PR High: 16981.25 - PR Low: 16966.50 - NZ Spread: 32.75 Key economic calendar event 08:30 | Retail Sales Opened near prev session open - Similar inventory decline as prev session - Lower NZ spread - Volume returned to normal Evening Stats (As of 12:05 AM) - Weekend Gap: -0.05% (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open...
- EUR broke down form reversal cluster (previous idea), now getting to the support cluster - I believe it will respect the support, but only temporarily, to test the channel from outside and will continue down to parity
Big zone yes i know, i plan to dca thew whole thing but heaviest bids toward the bottom. a pullback is due, and invalidation is simple above the highs. a trader i respect the shit out of is short from higher so im not considering taking a long position right now but would love to smoke this area.
AMEX:SPY January 17, 2024 15 Minutes. Back to 200 average support. As of now previous pattern if any has been negated in a 15-minute time frame. We need to consider 3 Fibs. The fall 478.6 to 473.07 The fall 476.6 to 473.07 And the rise from 473.07 to 475.06 As we can see in the chart AMEX:SPY is a downtrend correction mode in 15 minutes and needs to cross...