Now that BTC has finally hit the Weekly FVG as well as the 2nd Daily Gap, we are now waiting for price action to touch the 0.50 Fibonacci, which will render BTC's price action in Discount territory. I now expect price action to make a full reversal in a bullish move after the 0.50 Fibonacci, has been touched and after some amount of sideways price...
📊Analysis by AhmadArz: Short position : Wait for break 59.500 Wait for complete pollback Maybe it will happen in the halving ✨52.000 & 44.000 Good zone for again investing 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial...
AFTER HALVING... BTC unexpectedly can go down after halving to grab more liquidity.
🔔 Fed Meeting Wrap-Up: As the Fed meeting ends, focus shifts to Chair Jerome Powell's insights, crucial in the absence of new economic forecasts. Market watchers expect a cautious tone amid ongoing inflation worries. Market Dynamics: Despite global tensions and a shaky Wall Street, the dollar remains strong, supported by surging two-year Treasury yields....
The Turkish Lira (TRY) has faced significant depreciation against the US Dollar (USD), driven by a mix of economic and geopolitical factors. This article explores the challenges confronting Turkey and highlights emerging signs of resilience amidst this turbulence. Key Points: Challenges Overview: Turkey grapples with persistent inflation exceeding 60%,...
I should say potential trade let me check the market at 8am and get back to you guys but look for a+ setups here a lot of nice news from institutions like ANZ (Australian Big Bank) saying we could see a push to the upside :) (2500)
In the bigger picture, price actions from 0.6169 (2022 low) are seen as a medium term corrective pattern to the down trend from 0.8006 (2021 high). Fall from 0.7156 (2023 high) is seen as the second leg, which is still in progress. Overall, sideway trading could continue in range of 0.6179 /7155 for some more time. But as long as 0.7156 holds, an eventual downside...
The AUD/USD exhibited sustained growth throughout the previous week, aligning with our earlier forecast. It reached the 0.6580 level, where we identified a convergence of technical, seasonal, and economic indicators. Technically, both the H4 and H8 timeframes show divergence on the stochastic indicator within the 78.6% to 61.8% Fibonacci range within a bearish...
Following its ascent to approximately $18,451, the NASDAQ Index underwent a notable downturn, descending to the vicinity of $17,000 by April 22nd. In the aftermath, a bullish resurgence ensued, marked by a retracement phase wherein the price remained confined within the 50% to 61.8% Fibonacci levels. Notably, this retracement phase coincided with a notable...
EURUSD has been on a sideways movement since last week. With major news this week, we begin to see some strength in USD as the markets grapple with economic and earnings news, likely to be not so good for the markets in general. Expecting the retracement from Monday's push downwards to the 680s and 690s range and if it holds in this area, the downward trend will...
🟣 Today, let's delve into the latest developments in the Ethereum BINANCE:ETHUSDT market landscape. Here's what you need to know: Ethereum's Price Analysis: Ethereum has been in decline since mid-March, with its price developing a Downward Channel pattern. Consolidation periods compressed in Rising Wedges within this pattern suggest a continuation setup...
#Crypto creates many parabolic moves as they are reflexive assets fuelled by Fear and Greed. I am currently on alert that we may have a parabolic rise on our hands. And we could #BTC double to reach very close to that $100K level BEFORE summertime. Our #Alts could go beserk but we must have some sort of selling plan in place. You need to come up with your...
The Federal Reserve's monetary policy meeting is expected to maintain interest rates at 5.25%-5.5%. Federal Reserve Chairman Jerome Powell's speech on Wednesday will provide more clues on expectations for a rate cut. Traders have scaled back bets on the Federal Reserve cutting interest rates this year as recent U.S. economic data has been stronger than expected...
CAD Futures - Last week we had a very strong price rejection which created a weekly pin bar. but we needed more evidence to support this. This evidence came in a form of Commercials changing positions which is at 91,572 net positions. This is the highest net position in the last 26 weeks. Also in another weeks time we will have the NFP and CPI reports coming...
Triple bottom zigzag with a double bottom, Key Level with smart money bullish contraction. Trend line breakout guidance. Head and shoulders pattern. Double bottom is making its way through the breakout line. According to the triangle shape, the whale value line will push down for a pullback. Despite all I've said, it means nothing unless volume confirms...
The Japanese Yen (JPY) has faced significant depreciation against the US Dollar (USD) amid contrasting monetary policies between the Bank of Japan (BoJ) and the Federal Reserve (Fed). This article delves into the economic drivers behind this volatility and its potential global impact. Key Points: - Monetary Policy Divergence: The JPY's weakness is driven by...
Overview The British Pound (GBP) against the U.S. Dollar (USD) presents a complex interplay of indicators suggesting both bearish and bullish undertones in the short to medium term. Detailed examination of key technical elements from multiple timeframes provides insights into potential market movements and strategic trading positions. Ichimoku Cloud...
Hi everyone! As we can see in 4H chart of BTC, it was moving in a symmetrical triangle .Chart patterns always formed to punished the retailers.So it was a beautiful trap for the buyers and sellers.BTC Sucessfully removed all the buyers/sellers of triangle .Now the BTC has a strong Sell Side Liquidity below at 59600 level and buy side liquidity at the ATH.BTC has...