Looking for a tight stop here at this small accumulation to run it up higher, longer term, low risk long potential.
Small long idea here, tight stop at the monthly close, looking for momentum to take it higher
Based mainly on the idea that the last week closed back in at the highs and CHF has been stronger in the recent runs. Seeing potential to sell the rallies back at previous weeks highs.
Looking for pullbacks to short at these levels. Basically selling off the yearly close, seeing shorter term usd flows as being bearish.
Expecting price action to continue bullish with some bear candles to clean rebalance the previous inversion sellside imbalance buyside inefficiency and have some potential to go in between Weekly Balance Price Range for this week , must aware of Thursday CPI Inflation Data which can be the main liquidity driver for this week , Be Safe and Good Luck !
Expecting some bullish retrace momentum to ran off REQHs of buyside liquidity with targeting around 1.10500 - 1.10800 , current price action got respected at previous BISI and expecting to hold the previous Wednesday Bullish OB+ MT . . must aware of this week Thursday U.S CPI Inflation Data , Be Safe and Good Luck to all traders !
Good evening , we are from Ukraine! I've been watching the chart since Friday and I can identify several key facts in favor of the long scenario: 1) there is no floating supply on the market at the moment. 2) there is no resistance above the local highs. 3) the news background is negative. 4) and most importantly, "someone unknown" is actively buying up...
This parallel channel can only be observed on the log scale. Here I overlaid the historical pattern in orange from the recovery after the Great Financial Crisis. There is good alignment at the moment.
In technical analysis, support levels play a pivotal role in determining potential price movements. Recently, GBPUSD demonstrated a noteworthy bounce at the 1.26500 support level. Such a rebound, often suggests the potential for further upward momentum. Given this context, it's plausible to consider the possibility of GBPUSD aiming to retest the 1.2900 mark in...
XAUUSD recently peaked at 1987.53 before seeing a decline. However, the last week's Thursday/Friday's price rejection at a crucial support level often hint at potential price to re-test the recent high. Given this rejection at the support level, the pertinent question is, will gold gearing up to retest its recent high at 1987.53? N.B! - XAUUSD price might not...
After a major corrective zigzag ABC - Ripple is back to the downtrend again
Financial Losses: Trading in the Forex market carries the risk of financial loss. It's important to carefully assess your financial situation and only invest funds that you can afford to lose without affecting your lifestyle or essential financial obligations.
5 Wave ~4800-5000 Possibly Ending SPX Hypercycle A long search for the DIP awaits us $-)
Correction ~38% Fibo Support Level ~90 Rebound from dynamic resistance
Wave B or maybe 2 Complete Reversal and Soon Dump Target ~$20k
The euro continues to fall, the EU economy is increasingly depressed A little more and we can see 1.5 Euros for a dollar It will be great for USA
I have used the MACD indicator to illustrate the dying momentum in the nasdaq. They have been the clear leaders in this bull run from Jan 2023, but that's now come to an end.