ICT & SMC Concept trading Higher timeframe, price is still bearish. Fundamental GBP is neutral & USD still bullish. Price retrace back in H4 bearish OB. Price taking buyside liquidity and pushed lower forming a lower low closing candle. That is a strong confirmation of institutional order flow towards the downside. It recreate a FVG from a rejection block. and...
Trend: LSMA moving lower for 3+ weeks, pattern of Lower Highs and Lower Lows Momentum: Moved to Neutral as price retraces the selloff Japanese Candles: An imperfect Shooting Star is developing Chart Pattern: Bearish Channel Support and Resistance: 0.6675 is Support, 0.6400 is Resistance. Fundamentals: Aussie Retail Sales on Wednesday Trade: Open Short...
The 4-hour moving average of gold began to turn upward, forming a double bottom structure, and gradually stabilized. Gold did not fall further, and it dropped to the 2315 line and stabilized and rose again. The Asian market continued to go long on dips above 2315. Asian market analysis 1H resistance is 2331, support below is 2315 4H resistance is 2331-2345,...
Crude Oil Technical Analysis Daily resistance is 79.6-83.4, support below is 76.8 Four-hour resistance is 79.6-80, support below is 78-76.8 Crude oil operation suggestions: Shorts dominate the daily chart, and the trend of suppressing shorts and oscillating downwards has been formed for 6 consecutive trading days. The short-term resistance above today continues...
Bearish Scenario: Increased Geopolitical Tensions: Escalation of the conflict leads to heightened geopolitical tensions in the Middle East, sparking concerns about regional stability and security. Risk Aversion: Investors flee from riskier assets, including the U.S. dollar, as uncertainty rises. Instead, they seek refuge in safe-haven assets like gold, driving up...
💎 Paradisers, #FARM is indeed a coin worth monitoring closely. 💎 Its successful breakout from the descending resistance signals bullish momentum for FARM. However, there's a possibility of price retracement to the LTF demand area around $77 before resuming its upward movement. 💎 If FARM manages to sustain its upward momentum, it could potentially test our...
Inogen Inc is a medical technology company that develops and manufactures portable oxygen concentrators used to deliver oxygen therapy to patients with chronic respiratory conditions. Its key product, the Inogen One system, is a lightweight alternative to traditional, stationary oxygen concentrator systems and oxygen tanks. The firm sells its products to home...
After the dwelling of a weekly pullback .... daily candle formation continues to submerges for supply ... expecting a constraint at 2303 ....afterall the full momentum{sell} surpasses
The smaller range on Tuesday in the S&P 500 implies a loss of momentum and the market catching its breath. This structure means that if you're on the long side be cautious. The expectation is for sideways move.
Still on the epitome of longing dxy while Gold shorts, boost and support idea if you agree ,comment for more insights , and hit the follow button , to have more confluence
GIVEN THE CURRENT MACRO ENVIROMENT WHERE UNEMPLOYMENT HAS STARTED TO RISE AND GDP READING WEAKER THAN EXPECTED, OPEC ALLIES KEEPS CUTING OUTPUT AND WEAKER DEMAND EXPECTATIONS, OIL MAY BE HEADING TO 75USD PER BARREL AS SOON AS THE NEXT WEEK. BULL THESIS: - Yields start to rise as bets on FED hike - Strong economic data - Middle east conflict escalates - East...
Tron (TRX) is one of my favourite coins which I choose to invest in.This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small portions will be sold on targets 1 and 2. Entry Zone: 0.27 – 0.34 Buy Zone: 0.024 – 0.03 Target 1: 0.11...
Was waiting for this project for a long time and I thought to share this coin Venom ●Venom is in a buying level right now and trading at the Fib level 0.5 and Daily RSI is in oversold area. Which makes me confidence to buy here at CMP ●why buy here, what if it dump more? If venom dumped more then simply buying at 0.2$ which is the 0.75 Level of Fib. ●Buying here...
The Japanese Yen is currently exhibiting weakness in the forex market, particularly highlighted by its recent 4.5% decline against the British Pound (GBPJPY). This decline follows the Bank of Japan's (BOJ) intervention efforts. While such sharp movements may evoke fear among traders, it's essential to recognize historical patterns. The BOJ's interventions have...
Lyft ( NASDAQ:LYFT ), a ride-hailing company, reported mixed Q1 results, with quarterly losses of 8 cents per share, which missed the analyst consensus estimate of earnings of 3 cents per share. However, quarterly sales were $1.28 billion, beating the consensus estimate of $1.16 billion by 10.02%. This represents a 27.59% increase over the same period last year....
FX:XAUUSD is testing the resistance of the range, the market maker is capturing liquidity around 2328 and is not ready to let the price go yet. Trading inside 2328 - 2300 continues. On Sunday we discussed the bullish trend, correction and the fifth wave that may get its start after the end of the correction. Yesterday price tried to form a confirmation of the...
BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken...
BINANCE:TRXUSDT is forming the break of the descending wedge structure, which in general activates the realization of the bullish pattern On W1 the price is testing one of the key global levels. Consolidation of the price above 0.1184 will be a confirmation of global bullish intentions. Alitcoin has not yet updated the intermediate and global high, which...