FOREXCOM:XAUUSD OANDA:XAUUSD Gold analytical series, Episode 06 Hello Traders, First take a look at my previous episodes. 2 scenarios for xauusd Fomc meeting --> 5.25% Fomc meeting --> 5.5% Don't forget to risk-free your positions. Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
Recently I've been talking a lot about Bitcoin and my expectation it's following some kind of Elliot Wave pattern since January. In my most recent analysis I said that I expected the 4th wave to bottom between $26,5k - $25k. BTC bottomed around $26,6k, close enough! In my eyes, the bottom is in and we're likely going to continue our way up. Remember that the...
Is it possible we could see a 3 sub-wave correction towards the $1900 zone again? As long as price remains below this order block & rejects the $2,000 barrier, I believe we can see another move down, which will form an A,B,C correction. Buying momentum also seems to be drying up as FOMC yesterday couldn't provide enough volume to buyers.
Hello & welcome to this analysis S&P on the eve of FOMC meet is at the slanting trendline with a diagonal ripe for a pullback/reversal 4017 needs to be breached on the upside 3950 if broken then more downside coming
With nearly all cryptos losing significant value during the yesterday's FOMC meeting, Litecoin didn't want any of it. After a minor drop, LTC has seen a 15%+ move over the last half day or so. With Bitcoin and stocks regaining a large part of yesterday's losses, I'm seeing more bullish price action for LTC in the near future. Blue lines as my near term targets.
Fundamental Backdrop 1. Plenty of instability in the market due to the SVB crisis and other banks being heavily affected by it. 2. The Fed hiked rates by 25 bps 3. The Fed also cautioned about the recent banking crisis and indicated that hikes are nearing an end. 4. The Fed's move may indicate that the economy could be stronger and that the currency could weaken...
SPY - wicked day with FOMC. I was slightly bullish for the 3rd day in a row going into today. We saw some upside before the news was released. SPY ended up tanking with the news results and closed as a super bearish engulfing day. Because of this wild movement, we had 0 inside days show up on the scanner, so for tomorrow I will mainly just be watching SPY, GME,...
BTC ended up printing a swing pattern failure. So I am now preparing for shorts positions and this chart shows when I am anticipating to find my best entries on those. This chart also shows that I am not looking to take any long positions unless we see a strong move higher form the buyers. So I am preparing for short positions now but waiting for the right...
- Looking for a hourly Bear flag on SPY and QQQ after this huge move down. - XLF and KRE top watch to see if we break fear lows/52 week low. Fear would likely come back in if we do break the lows - looking for SOXX/SMH to go from lead bull turning into lead bear - Rate hikes is a head wind more for QQQ then SPY, so after Powell saying no rate cuts this year, we...
US Share markets indexes move lower after the US Fed raised interest rates by 0.25% as expected. There are a number of concerns that the market sees and is reacting to as risk assets take a hit. The US Fed showed concern for the banking crisis and expect credit conditions to tighten which does not bode well for growth in an interest rate raising environment. I...
OANDA:USDJPY I sat out today for good reason, not going to go up against JP But if you did, nice trigger to the short side. After the initial flush, look how price respected and ranged in between Previous Days Low and Previous Weeks Low. Trade smart
BTC has been trading inside a bullish triangle pattern over the last couple of days. With the FOMC meeting around the corner, I'm expecting some volatile price action today and tomorrow. In my view, it's likely that we're going to hit $28,600 today. Whether it's a fake pump before the FOMC meeting (and a dump after), or we get a bullish reaction and move up...
OANDA:EURUSD The dollar index DXY gets it right on the heels of Fed Chair JP DXY continues the bearish sentiment while the EU pairs screams higher. If you wanted to gamble today, perfect long entry trigger, to enjoy the ride. Trade well
This is my FOMC prediction for EURUSD. I will take the buyside liquidity first and than go lower for the sellside liquidity.
Fundamental Backdrop 1. Plenty of instability in the market due to the SVB crisis and other banks being heavily affected by it. 2. The Fed is incentivised to either pause rates or maintain at 25bps due to the current instability in the market. Technical Confluences 1. Price is currently in a bearish trend. 2. Price is near the H4 support area at 102.65. 3....
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we know that BTC broke above the big inverse head and shoulders neckline. 📈 Thus, the momentum has been shifted from bearish to bullish. BTC is currently bullish trading inside the red rising broadening wedge pattern. 📌 Here is why the 30,000 is...
Bitcoin Analysis: 4H Chart According to recent events on a macroeconomic perspective and TA on the weekly chart I conclude on the path Bitcoin could take. - Major bearish divergence building (Higher highs price action, lower highs in the RSI) - BTC about to face strong resistance (confluence area) - Major possibility of rejection Bitcoin is approaching what...
current entry is at 1.0977 took profit already so now letting the rest ride. if it breaks and retests then ill add more. if it breaks, false brekout, ill open up a small margin short and then see what happens playing both sides what is your plan?