The NEAR currency is in a falling trend, and important support and resistance levels are expressed in this analysis, considering that it is near the ceiling of its downward trend, there is a possibility of a fall for this currency. Safe entry points and average drawdown for this digital currency are specified in this chart. Follow us on TradingView and motivate us
Currently I am tracking SPY to $440, based on our chart on the left and rejection from OTE. On the right side, I'm starting to see potential for a downward continuation based on our lunchtime sweep above buy-side liquidity today. I think a retest of this initial area at $444.15 will likely get us down to at least $442.50.
current price > SMA 30 current price > EMA 50 price > trend line seasonality bullish local swing low > last swing low So in my eyes it's bullish and I'm long. But this could change with the FED meeting. Let's see.
Going further, we will check what the situation on LTC looks like, taking into account the four-hour interval. let's start by marking the downward trend channel with blue ones, from which the price went up and started moving along the local upward trend line, above which it is currently staying. At this point, it is worth marking the first and current second...
Until we break the 0.618 level on Fib charts, it is hard to be bullish on Nasdaq futures contracts. Please refer to the charts on this article.
in this bear scenario I'm counting wave 3 as extended, therefore another move down in wave 5 could drive the price into a very key zone. in addition to this, the low made during the flash-crash on the 17 of August it's very different from an exchange to another, this increase the probability for this scenario to play out. I would like to hear your thoughts, feel...
Where will oil prices go in the future? Oil prices are often affected by the moves of OPEC, Russia, and wars involving countries in the oil exporting alliance. When looking at the large frame, we can easily see that oil prices usually bottom in January at the beginning of the year, and the cycle is every 7 years. Temporarily take the recovery zone between Fibo...
Hello everyone, I invite you to review the ETH pair to USDT chart, also on a four-hour time frame. First of all, we can use the blue lines to mark the downward trend channel from which we could see the exit from the top and we are currently moving above the local upward trend line. However, it is worth noting that at this point it was not possible to break out of...
We have held the 236, targeting the 382. My main concern with this trade is the recent high. I've allowed some wiggle room for a retest. Usual stop loss MGMT of taking profit in 3rd's and riding weekly HK candles.
Scalping on GBPUSD chart shorts using simple staratagy ,
Current Picture: We are in a sustained HTF downtrend with price bouncing strongly off the monthly 61.8 retracement level pulling back On both the Weekly and Daily TF we are approaching the break of a major CHoCH as it attempts to break the former swing higher low and reverse from its current uptrend. Analysis and Prediction: If we create a major CHoCH with...
Gold has shown signs of cloud torsion turning green, signaling an uptrend. However, in my opinion, this is a trap before interest rates. So the trading plan is to trade the H4 frame back to 1918-16, then buy slightly and touch the daily line, then we will continue to sell off to 187x. The time to sell off is 4-8am tomorrow, if that time is 1930 it will be more...
Breaking significant level, see if we can hold this level and buying pullback.
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line. When we unfold the Fib Retracement grid, we can determine the first support zone from $26,838 to $26,468, then we have the second support zone from $25,866 to $25,442, and then strong support at $24,899. Looking...
Financials have been in the doghouse since Silicon Valley Bank failed in March, but now there could be signs of improvement. The first pattern on today’s chart of the SPDR Select Sector ETF is the falling trendline that began early last year. XLF’s rally through July battled against that resistance. It pulled back in August but has now pushed through that line...
AMEX:SPY September 16, 2023 15 Minutes As expected, the retracement for the fall 453.67 to 442.5 wen on till 61.8% around 450 levels. It also was top of channel. Then 5 peak counts in a channel are lost as the channel is broken on downside. We have an oscillator divergence in 5 minutes. So, a pull back on Monday can be expected around 445-446 levels before...
NASDAQ:NDX SP:SPX 1:6 R/R Shorts C Wave en route Short it Fat_Fat
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.