BTC broke down the trendline and made a retest and failed to close above . Range or sideways trading for the past 4 days with low volume and momentum and soon will break depending on which level support/resistance break first and RSI confluence .Usually price retrace back to VAH Long : Breaking strong resistance @ 69649 + RSI above MA and 50. price must close...
Cardano has been expected to do well this crypto cycle, but even the one dollar mark has been elusive despite a strong bitcoin market as the driver for all of the crypto space. However, its chart exhibits a very nice Elliott wave structure resulting in a clear five-wave ascend into the 80 to 90 cent range. Along with bitcoin’s correction, ADA experienced a sharp...
The Technical outlook for the USDJPY is very strong. The current price is trading above 2,3,4 Daily Highs; this means the price is very bullish. We took a long trade based on the Bullish wave structure count after a retracement into the buy zone of the bullish CHoCH. Watch out for the 154.60 (-0.618) Target 2 of the Fibonacci. If the price manages to trade above...
Good Morning, My setups for today 💡 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 analysis! 💯 Remember, always conduct your own analysis before jumping in. No financial advice here.
PLTR services DOD and military contractors which is a growth industry given current geopolitical backdrops. I see this as an opportune time to buy the dip which is a healthy correction from a recent trend up. The idea is illustrated on this 120 minute chart with targets and stop loss.
Again using supply and demand I was able to find an area of supply for a pull back. Retail traders do not use this method but i promise this is the right way to trade. You cant win them all but you can def find high probability set ups with little to no draw down.
CME_MINI:NQM2024 - PR High: 17891.75 - PR Low: 17874.25 - NZ Spread: 39.0 Key economic calendar event 13:15 | Fed Chair Powell Speaks Broke 200+ points below Mar inventory and holding - Ranging below prev session low - 17800 daily inventory from Feb Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR:...
What if the new High for XAUUSD is 2430. Not just for this month but for the Next Quarter? How would you approach your trades, would you place a huge sell position trade right now, or would you start looking for sell setups. Well, I'm looking for sell setups because my account isn't nearly big enough for a position trade. What do you think is about to happen next?
AMEX:SPY April 16, 2024 15 Minutes. As expected 505 levels in SPY. Opened gapped up. So after the first 15 minutes a sell below was triggered for 515 was a level to short as planned. As expected 50 day average was touched in daily. Now for the rise from 493 AMEX:SPY has retraced 61.8% levels. Crucial to hold for any uptrend to continue. If this level is...
We just 2385 level that i have been eying on the previous ideas i shared. Looking at 1:2 RR Down to our low.
I can finally say i'm bullish on BTCUSD as our current sideways pattern is at lowest, i'm hoping we see a pump, but with the geopolitical news thing could be different this is long term idea
Hello Fellow Traders, Its BEEN A WHILE! I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For XAUUSD The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some (Rejection / Confirmation / Direction) 2.Wait for confirmation(Price...
Chart Pattern: The chart showcases a Bullish Falling Wedge pattern, which traditionally indicates a reversal pattern. This suggests that after a downtrend, the price of BTC may be expected to break to the upside. Entry Levels: Bullish Entry 1: $63,204.28 Bullish Entry 2: $62,805.83 These entries are based on the demand zone and the lower trendline of the falling...
Although 15 April was a bearish day, and the daily price action continues to give us lower lows, I think the possibility of a leading diagonal is now less likely. 5213.25 is now key resistance, and I anticipate that resistance to hold and at least one more daily lower low before a bottom is found.
Much speculation has circulated in the crypto press recently about Polygon’s prospects for a one-dollar valuation of its token MATIC. Can it perhaps even reclaim its all-time high of $3.00? While the first question has been answered by the market already—the renewed bullishness of Bitcoin and cryptocurrencies in general, has sparked a new rally—the second answer...
Previous Analysis: Following the break in price value and break in the previous Market Structure, US30 has begun "CONSOLIDATING" aka "Doing The Money Dance!" It's following this phase in Market Movement where our anticipatory market analysis will prove valid or not. For after or following a phase of Market Consolidation comes a break-out! Either way, set your...
Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, in the end the bears have the upper hand. The current lowest gold price has been around 2324. Of course, our short gold order around 2360 also successfully hit TP: 2349. We gained a lot of profits from this. At present, gold maintains a volatile...
Hello everyone, let's look at the 4H ETH to USDT chart, you can see how the price is moving in a downtrend channel, from which exiting at the bottom could result in a strong downward movement in the height of the channel itself. Let's start by setting goals for the near future that we can include: T1 = $3,327 T2 = $3,622 T3 = $4,104 AND T4 = $4863 LONG TERM Now...