✅SHIB made a sharp upward movement, updating the highs. After that, the price stopped and began to show signs of a reversal. I expect a strong correction.✅ 🚀 SELL scenario: short in the area of 0.000014.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the...
✅GBPUSD has reached the support level. A reversal is possible at this level. The price has already begun to show signs of a reversal. I expect a slight upward correction.✅ 🚀 BUY scenario: long to 1.215.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the...
USD/JPY/CHF – The safe-haven currencies bounced on Monday, supported by a series of disappointing Chinese data releases, bolstering concerns surrounding the global economic outlook. Summarising the data releases from China, Reuters succinctly noted that “Chinese industrial output, retail sales and fixed-asset investment all fell short of analyst estimates in...
✅AVAX bounced off the resistance level several times. The price has changed the trend and is falling after the last bounce. It is possible to fall to the support level.✅ 🚀 SELL scenario: short to 25.47.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the...
From not only a fractal's perspective as many of you have seen from comparing price action from 08 & 01 to the present, the Moving Average distance has reached the historically critical levels as well. The below indicator is MA_dist - measuring the distance price is above & below the set Moving Average (100 daily). The price has stuck its head up above the moving...
I'm back after a couple weeks of studying for my master's exam (which I passed!). I am officially almost a licensed social worker. Now, how that qualifies me to write about financial markets, I have no idea. Though, I certainly think they are related, as much of our social and system issues stem from poor economic policy and rampant exploitation in markets. In...
Hey Traders, Hopefully that EURUSD will start to fall again. Safe Trade!
Strong support level $145-152 I will hold a long position until the AAPL new product launch. Your bullish position is very safe, with little exposure risk, and above the strong support level you can firm up your view until the price makes a new high. Like and Share
Platinum is responding to technicals and fundamentals. The recent pullback is holding constructively out above several converging support indicators. Fundamentally, Plantinum is finding a bid after Industrial Production topped expectations +0.6% MoM v +0.3% exp. The strongest component was Motor Vehicles and Parts +6.6% MoM. Relief from semiconductor supply chain...
📉 Priority direction: Down . 📝 Description: The currency pair has entered the stage of a local reversal, as a result of which short is preferred. The upper limit of the balance, that was broken down, will now most likely act as resistance. As long as the price is below 1.20830, then sales are relevant. If the price fixes above, one can look for short-term...
G/J did an amazing continuation of the trend. Once price reached the demand zone, 90% of traders went long, we shorted and our target was reached. Amazing!
Hey Traders, As I showed on last Gold analysis now we are going to fall again. Safe Trade!
Expect to see the Euro decline as Europe faces an energy crisis and we inch towards winter. EUR/USD is on track to test parity once again. The recent rally high closed just below the trend line and then started its march back down after hitting the 62 Fibonacci retracement level.
Housing continues to implode along with China's recent Urban Outfitters. 8:30 am Building permits (SAAR) July 1.63 million 1.70 million 8:30 am Housing starts (SAAR) July 1.52 million 1.56 million Interesting China avoided its Ecuminiopolis Economy... it's worse, of course. The Cerveza Sickness compounds across all regions. The Hot Topic is China leaving...
Don't fall in love with the upside as SOL has been forming a bearish strucutre.
Fundamental Indicators: Revenue- demonstrates consistent long-term growth, 5-year average at 34% Profits – 2022 TTM has reduced Net margin - quite low for tech company with just 2.79% P/E – extremely high at 553 when S&P500 is at 21 Liabilities - debt ratio is at 0.62 which is within normal limits, Net Debt/ EBITDA is negative – no problems with...
📉 Priority direction: Down. 📝 Description: Yesterday's sales broke through the $1780 level, as expected. The current price (below the same level of $1780) now favors the same sell-priority. The price also broke through the moving average below, and the volumes are located below in such a way that selling to the market is more interesting. The $1787 level is...
✅EURUSD has reached the support level. The price immediately began a reversal. Perhaps the price will go higher.✅ 🚀 BUY scenario: long to the area of the resistance level.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.