Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Completed Impulse and Correction " ABC " Fibonacci Level - 50.00%
Pair : DXY Index Description : Bearish Channel in STF Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Long Time Frame
I still don't understand the value added for Shiba Inu neither it's differentiation strategy from other crpto, yet people invest in it in hopes to make some profits. I don't invest with such mindset lacking future vision and mission, however this trend analysis stood me. This is not a financial advice. It's only my own idea.
Pair: FX:USDJPY Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Price action may face some resistance from a previous support line - Price is close to 61.8% Fib Extension Level - Aiming for the 32.8% Fibo Retracement with 23.6% as the TP 1...
Pair: FX:CHFJPY Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Price action may face some resistance from a previous support line - Price has retraced to 61.8% Fib Retracement Level - Aiming for the lower Support trendline from the mid of...
Sandstorm Gold ( NYSE:SAND ) stands to gain significantly from the surge in gold prices. Despite accruing substantial debt to acquire new assets in 2022, currently bearing interest rates of 7-8%, this has cause downward pressure on the company's stock . However, the recent appreciation in gold prices offers a silver lining, enabling quicker debt repayment and...
During the Asian session on Monday (April 22), spot gold had a gap and opened lower, falling to a low of $2,370/ounce as of press time. Gold is mainly under pressure because tensions around Israel and Iran appear to have cooled, which has eased risk aversion, thus putting pressure on gold prices. On April 19 local time, Israeli Army Radio said Israeli security...
OANDA:XAUUSD have fallen sharply from recent highs due to the impact of reduced geopolitical risks and a stronger US Dollar. Federal Reserve officials, including Chairman Powell, have maintained a hawkish stance on interest rates, which has weighed on gold prices. Sentiment has changed as expectations for a Fed rate cut were revised to a potentially longer than...
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
It might be an interesting week ahead filled of news trade carefully out there FOMC and NFP this week expect a lot of volatility this week. Geopolitical issues are at an ease between the Iran and Israel conflict also. Inflation is also another thing that we need to look out for
GALA/USD has formed a potential descending channel on the 12H-1D timeframes. There's a strong chance we could rise from the bottom and retest the local resistance at $0.05274. If it breaks out of this channel to the upside, my potential targets would be around $0.068 to $0.086. Keep an eye on this setup.
We see that there is very perfect breakout trade. we have to find a best price for to get our entry. When we get a perfect trade we have also look for our exit plan because when market will not in our favour we have remove the position & then try to buy in deep.
According to the analysis we had last week, the price was returned from the range of 2350-2354. As we know, we have very important news next week, and our analysis may be wrong, but what I see is that the price will probably decrease in the next week. By the end of the week, it will reach the 2263-2267 area to complete the structure in the upper time frame.
1h - The hourly timeframe appears less clear despite our short context. The main target was reached in the form of equal lows, which were forming throughout the week. I believe it's quite likely to see a breach of the previous day low (PDL) on Monday, after which the continuation of the long trend may begin. However, this is just speculation. It's important to see...
Hello everyone and welcome to the weekly TOP-DOWN analysis. The week was not the most active in terms of position accumulation, but at the same time, it was quite informative. 1D - The daily timeframe continues to be in a short context. The first problematic zone was completely covered, but we did not receive the expected reaction and continued the long...
KOTAKBANK technically breaks the support! Expecting 1250 - 1300 in coming days till 1780 is safe on upside. Fundamental - Recent RBI sanction on KOTAKBANK has direct impact on new business which is basically online Credit Card issuance due to ignorance on poor IT infra. So in short no new client can be onboarded digitally, unless the IT issue is solved and assured...
Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. : Low and High figures are for the trading day. Bitcoin (BTC) is recognised as the world's first truly digitalised digital...