In the previous post, it was mentioned about the movement of the currency in the weekly time. In this post, it is moving in a medium-term ascending channel in daily time. After the high strength failure of the supply area, pullback to the broken structure is currently being completed. Therefore, it is expected that this pool will be completed in the green box...
Intraday Update: The 61.8% retracement of the May 1 low to May 3rd low coming is at the 155.68 level, and although not expecting an "intervention" some natural market selling may be the case here in the USDJPY.
Watch this space for more update, OIL is now bearish . We are setting second sell limit at 86.17
The Daily (D) time frame has made an inverted hammer off the top of the Weekly (W) consolidation zone. On top of that price is wicking off the .786 FIB levels from a minor W FIB from 1/14/24. Looking for price to push back down to a minimum the mid point of the W consolidation zone that started 1/29/24.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Good morning Traders ☕️ Yesterday was a no trade day for me as gold is indices where he want to go 🧐 I have marked today 2 zones a buy and a sell, but take them with a bit of salt and pepper 😁 Not much to analyse, just make sure you use propped risk management when you enter a trade 🤝 Let’s hope to see gold do something today and get us a nice trade 💰😎 Have...
Here are my levels for the week. I have been really busy outside trading so I have not been able to post many updates. I continue to trade these levels a few hours every morning. Treat the levels as as support, resistance or targets. The market is currently trading in a large consolidation pattern with large daily ranges. The levels noted are the one are I feel...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Hello traders, FX:AUDUSD I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck
Tesla announcing DOGE as new payment method? Is Elon narratives coming back? Meme season has been the main cycle trend Let's take a look at DOGE on 2H timeframe for potential trade setup. DOGE surged for almost 42% from the lows sweeping those highs resting at .17 However, we can see that we already filled 50% of the wick created from the up move. The local...
Reasons I went Short Weekly Bearish Daily Bearish Weekly bearish head and shoulder Daily EMA confluence with AOI Respecting 61.8 FIB Daily Bullish Engulfing 1H bearish Entered at 05:59
We can attempt to short EURCAD from LH , also 0.5 FIB , trendline resistance , also bearish divergence occur on 1 hour timeframe indicate that it move downward. SL , TP mention in chart.
Hello everyone, let's look at the 1D BTC to USDT chart, as we can see the price is moving in a downtrend channel, where we are currently close to the middle of the channel where the price has encountered strong resistance. Let's start by setting goals for the near future, which include: T1 = $64,088 T2 = $66,151 T3 = $69,473 T4 = $72,895 AND T5 = USD 76,015 Now...
Hello, guys! This is ESS team. This is WLDUSDT chart which has benefited from AI meta and has been continuing the rally recently. On daily chart, After drawing Descending Broadening pattern in a long-term, Candle broke through the pattern at May 5 and is trying to turn the trend. In the big wave that began in early February, It rose with being supported by...