Traders and investors, Bitcoin has been causing a lot of confusion among traders and investors. So let's break it down and understand. 1. in June 2022 (1 year ago) Bitcoin broke out of the 30000 price tag but never retested that. 2. This year it formed a W pattern to reach that level and retest it. 3. The price reached 30000 this year and completed that W...
Macro change in AUD vs SGD, golden pocket reacted nicely for a higher low & beginning of up move for the right shoulder of the inverse head and shoulder. There are 3 decent trades here: Inverse H&S, Algo and pitchfork reversion. looking for a pullback for an easy entry with tight stop but could also enter here for a decent R:R Key points: Reversion to the...
Hello everyone, I invite you to check the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use blue lines to mark the local downtrend channel in which the BTC price is moving. Going further with the Fib Retracement tool, we will check where we can expect support for the price when the correction begins to...
Weekly Outlook (W) Bear bias until price action establishes an uptrend above 1.1092 6/15/23 Still making higher highs and lower highs Last week of May just made the last higher low @ Weekly fib 78.6 level Expectation: IF Continues uptrend: reach last HH level or 1.1100 and eventually 1.1250 (27 ext) If not: Price reactions from levels below: 1) 0.0865 H&S...
As it can be seen on the NIFTY chart, a Fibbonaci retracement plotted at swing low & swing high gave us an ideal zone to retest NIFTY levels which acted as a support and we saw an up move from 0.618 levels. A move from 18648 level to 18691 was observed.
Hi, everyone! Following my previous daily forecast, as i said before i will try to do a intraday forecast Okay, so this is how central banks actually trade They don't care about price, but they do extremely care about time Behind this forecast i use a method called harmonic analysis which W.D Gann use in 1920s and because we live in technology era i also combine...
If you wanted to know whether or not the market was on a bull run or not, all you had to do was look at the Dow Jones Transportation Average or even AMEX:RSP (which definitely does not fit the bull market, showing that overall the S&P 500 has barely broken 15% gain since October). More important though is the transportation average breaking off from the rally...
Hello, all! Potential reversal in USDCAD coming, with it bouncing off of 50% Fibonacci level traced back from 2020. highs. Also, Canadian employment data are in favor of this potential move. Targeting the 200-day Moving averages.
Gold XAUUSD bias looks bullish , resistance 1984, 1992, 2000
BINGX:BTCUSDT.PS BTC almost retest the resistance and there is two possible scenario: 1- Best case: Will support on Fibonacci 0.382. Then retest the 0.236 resistance ( topside of pitchfan and daily resistance at the same time too). I guess after that will move to fibonacci 0.5 level (25200$) 2- Worst case: Will dump straight to test the...
Hello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day timeframe. First, using the yellow line marked with the uptrend line from which the price broke down, and then we move in the channel marked with blue lines from which the price also goes down. When we turn on the EMA cross 200, we can see that we are below this line as to the...
If helps you, please like and share. #price_action FX:AUDCAD
Gold has been in the ascending channel since the second half of 2022. We have seen 2 small falling channel formations within this huge channel and we are currently experiencing the 3rd falling channel formation. We can understand that we have come to the end of this small falling channel, so we have come to the support of the rising channel. The rejection of...
My analysis today deals with how the further course of our most popular precious metal "GOLD / XAU" could look like. For this I have carried out a "MULTI-TIME-FRAME" analysis, which refers to the higher time units (month - week - day) and thus makes the big picture visible. Normally, all time units below "1h" are called noise, but even a - 1h-4h - analysis is of...
Let's put a buy limit slightly above the lasati high candle stick and SL below the lowes candle. TP about 200 pips at 1.0 fibonacci extension around 93.300. Good luck!
Traders and Investors, EURUSD has been falling after reaching one of our long-term targets. Now it is at a junction from which it can make a little jump. The price action is still weak, so we must be watchful and wait for good confirmations. Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never trade without a...
The "FTT token" is the native cryptocurrency token of the trading platform FTX. > Sam Bankman-Fried is one of the founders of the platform and is considered the "young Elon Musk" in community circles. > For some time, "rumors / speculations" started that the separate company behind FTX = ALAMEDA (investment fund) might be insolvent. (both companies are owned by...
1 alternative scenario. Short term trade. On the way to complete wave E, (C) and A.