🔍In the 4-hour timeframe, GMX exhibits a clear ascending trendline providing consistent support, yet to be breached. It once faked out the trendline, followed by higher lows, demonstrating resilience and breaking the resistance at 59.2 with conviction. 📈Following the break, two significant red candles with substantial volume are observed, serving as potential...
Trading Plan for Wednesday, March 13th, 2024 Market Sentiment: Neutral to Bullish Weekly Volatility Risk: High Supports to Watch: Immediate Supports: 5235, 5230, 5221 (major), 5214, 5207 (major), 5202, 5196, 5191 (major), 5181, 5175 (major), 5167, 5162, 5155 (major), 5148 (major), 5137 (major), 5125, 5115 (major), 5109, 5103, 5097, 5090 (major), 5082, 5077-80...
📈 Let's analyze this cryptocurrency for future trading together. 🕰️ Currently, this coin is bullish across all timeframes and is at its price ceiling. ⚡️ To open a position in futures and the four-hour timeframe, after breaking the line 3.2427 and confirmation candle, we can consider initiating a long position. 🔍 Additionally, in my strategy, this coin is not...
📈 Let's delve into analyzing this cryptocurrency for future trading. 🕰️ On the four-hour timeframe, after an upward wave, we've reached a daily resistance at the line 0.05147 and are currently showing a reaction to this line. 📊 After the line 0.05147, we can open a long position, and after breaking 0.04623, we can open a short position. ⚠️ Considering that long...
The world gold spot price is around 2,179 USD/ounce, a sharp increase of nearly 19 USD/ounce compared to yesterday's trading session. The international financial market last night received more positive information about the February employment report in the US. Specifically, according to the US Department of Labor in February 2024, the non-agricultural sector...
Price action analysis on WTI Crude Oil. Key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
9:45 am entry higher low created 77.58 Nice bullish candle engulfment & Break of structure TP 78.57(1.618 extension ) 84 Pips ✔
Trading Plan for Tuesday, March 12th, 2024 Market Sentiment: Cautious Weekly Volatility Risk: High Supports to Watch: Immediate Supports: 5181 (major), 5176, 5168 (major), 5163, 5155, 5149, 5140 (major), 5136, 5126 (major), 5115, 5110, 5103 (major), 5092-95 (major), 5082, 5077 (major), 5067, 5056, 5047, 5038-41 (major) Resistances to Monitor: Key...
Trading Plan for Monday, March 11th, 2024 Market Sentiment: Neutral to Bullish Weekly Volatility Risk: High Supports to Watch: Immediate Supports: 5196, 5187 (major), 5181, 5176, 5168 (major), 5163 (major), 5155, 5147, 5140, 5136, 5131, 5126 (major), 5116, 5108, 5103, 5095, 5090 (major), 5084 (major), 5076, 5072 (major). Resistances to Monitor: Key...
Gold prices broke records this week, reaching $2,150/ounce. The strong recovery was fueled by a weakening U.S. dollar and falling Treasury yields on bets that the Federal Reserve could start cutting borrowing costs sooner than the Federal Reserve proposed. policy makers. While Fed Chairman Powell has signaled that the central bank is in no hurry to cut interest...
Chairman of the US Federal Reserve (Fed) Jerome Powell gave his first speech in two days of testimony before the US Congress on March 6-7. He continued to affirm that the Fed will consider adjusting interest rates at any time. Interest rates will begin to decrease this year, but it is still unknown when. Because this agency is still concerned about the risks...
Gold’s recent rally accelerated last Friday, driven higher by weak US economic data, and the rally back towards a new all-time high has continued this week with the precious metal posting a $2,141.8/oz. peak yesterday. This left gold just $3 short of printing a new ATH. The technical outlook for gold remains positive and suggests that the precious metal will...
Micro E-mini S&P 500, Supply and demand strategy, Futures, Short and Long
Trading Plan for Friday Market Sentiment: Neutral to Bullish Weekly Volatility Risk: High Supports to Watch: Immediate Supports: 5155 (major), 5146, 5140, 5133 (major), 5125 (major), 5118, 5113, 5106 (major), 5101, 5088-92 (major), 5084, 5073, 5065, 5057-60 (major), 5052, 5046, 5040, 5032-29 (major), 5022, 5018, 5013 (Major), 4998-5000 (major), 4994, 4987,...
Japanese Yen has been very weak since start of the year, but we can see a three-wave A-B-C corrective decline on Japanese Yen Futures chart, which can be now completed by current sharp reversal up above important trendline. So, we believe that Japanese yen may now face a recovery in the upcoming days/weeks, maybe months, just be aware of short-term pullbacks.
Crude Oil is trading in a bullish trend. The price retraced to a solid vertical trend line on a daily. After its test, I spotted a confirmed bullish breakout of a resistance line of a falling channel on an hourly time frame. I think that bullish rally may resume soon. Goals: 78.0 / 80.6 ❤️Please, support my work with like, thank you!❤️
Overall, we have been bearish. However, for the past few days, we have been making higher highs (HH). I'm looking for a continuation of a short-term bullish run to target around 2045.00. We will plan accordingly with whatever the market shows us and stick to our trading plans.
Let's dive into analyzing Avax coin for futures trading 📈🔍 This coin is currently on an upward trajectory in higher timeframes and cycles, confirming my long entry strategy 💼💰 The key resistance we're currently facing is at $44.49, acting as a daily resistance , If this level is breached, we could see movement towards the $49.44 range, where resistance is...