AUD/USD SHORT "break of structure + 72% fib retracement+200 ema dynamic resistance + daily resistance "
Harmonic Pattern Formation: Anti-Butterfly (XABCD) NZDUSD is currently forming an Anti-Butterfly Harmonic Pattern on the 4-hour time frame. The pattern consists of four distinct legs: X, A, B, and C, with Point D indicating a potential reversal area. Confluence with Trendline and Fibonacci Level: The Anti-Butterfly pattern is accompanied by a...
Hello traders and welcome, Today, we are delving into the world of gold, and it's high time for a fresh analysis of this precious metal. On its weekly chart, gold has formed an ABC or 123 pattern. Let's dive deeper into the concept of the ABC pattern: Traders base their buy and sell decisions on the analysis of historical price data and the identification of...
AUDUSD is currently forming a Shark Harmonic Pattern (XABCD) on the 4-hour time frame. This pattern is characterized by specific Fibonacci ratios between the price swings. The completion point, Point D, coincides with a key Resistance level, indicating a potential reversal. Trendline Analysis: In addition to the harmonic pattern, there is a significant...
I will treat BINANCE:ORDIUSDT like meme coin; it has little utility and should be traded with caution. However, it was found on the list of top losses, and looking at the chart, it seems like the support at $40/Ordi will hold. Add your SL accordingly and manage your risk effectively. What are your thoughts about this analysis? If this analysis makes sense...
Fundamentally, GATEIO:DOTUSDT appears like a dead project, which is obvious in its price action in the last 8 to 12 months. Dot does not look good for investors but is not bad for trading. Again, we are ready to trade its breakout for a possible 100% profit, when the opportunity presents itself. What do you think about Dot? Share it with me in the comment...
To my surprise, GATEIO:COREUSDT got an active development on their codes. A couple of updates will be made in the next couple of weeks. This bullish flag looks sexy enough for the bulls to jump in. It found good support and it looks like it is getting set for another rally. What do you think about this analysis? Share them with me in the comment box. If you...
All technical indicators indicate that BIL will once again reach double digits this year. BIL reached an all-time high of LKR 19.2 in the December 2021 bull run, only to later retrace by 80% to LKR 3.9 in April 2022. BIL appears to have consolidated between LKR 8.2 (0.618 Fib Retracement) and LKR 5.2 (0.786 Fib Retracement) in the subsequent 24 months. EMA -...
Out buyside target from yesterdays related analysis, ESM2024 5121, got in fact hit overnight :)
Buyside at 5095 has been taken. If we do not drop hard from here and the candles body on the 1h closes above 5102, we think that the next upside target will be 5021 in ESM2024.
FUBO started its rally from $0.96 in March 2023 and reached $3.87 in August 2023. Since August 2023, it has been declining with the Elliot WXY correction wave. I think this correction will continue until the gap at $ 1.18 is filled. My guess is that this correction will continue until around $ 1.12-1.2. Unless it goes above $1.9, I am short FUBO.
Trade Idea: Long NZD/USD Analysis Overview: In this trade idea, we are anticipating a bullish reversal in the NZD/USD currency pair based on a confluence of technical factors observed on the 4-hour chart. Technical Rationale: 1. Bearish Trend Reversal: Recent price action indicates a prevailing bearish trend in the NZD/USD pair. 2. Liquidity Sweep: A...
XAUUSD yields to DXY so trend-based fib extension and fib-time along channel suggest next high will be 15-May-2024.
showing .78% retracement of earlier high now making upward channel
Good Morning Traders ☕️ This are my two zones for today 💡 Yesterday everything happened so fast based in the news and price action that I didn’t manage to share out the exact entry for the second trade. 🙃 Let’s focus now on those two zones that are marked on the chart and move on 💪 Hope you have a profitable day today! 🤝️️️️️️ Trade smarter, not harder! 💼📈...
CME_MINI:NQM2024 - PR High: 17698.50 - PR Low: 17664.00 - NZ Spread: 77.0 Key economic calendar events 08:30 | Durable Goods Orders 10:30 | Crude Oil Inventories Daily gap up print of ~65 points, 0.35% from prev close - Climbing above prev session high - Inside lows of 4/17 range Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open <...
AUD/CAD moving quickly from equilibrium showing the bullish price. note - we aud cpi on 24/4/2024
AMEX:SPY April 24, 2024 15 Minutes. SPY has managed to hold 493 levels. 50-day average in daily. in 15 minutes forming HH HL pattern. Moving averages are getting sorted out. For the day holding 501-502 levels, for the rise 498.91 to 506.09 uptrend in intact. So, on downside 500 is a crucial level to hold. On upside resistance is around 509-510 levels as it...