The fluctuations of crude oil yesterday were quite exciting. After opening at US$82.13 in the morning, it rose slightly to US$83.01. After the market was blocked here, it began to fall immediately, and it fell non-stop, all the way to US$80.88. There was no After a little rebound, the market fell to US$80.88, which was close to Monday's low of US$80.70. It gained...
On the chart the price has confirmed the weekly bearish movement and has broken out of the structure and fvg Prices have been bullish all week and there is no indication that a strong institutional candlestick will change the market structure. We have some events on Friday (today) and a lot of events next week, including non-farm payrolls (which could attract...
From the chart, the USDJPY has formed a double top pattern, and there is a divergence, which indicates that the trend may be reversing
Today guys, update is very short. This is the only picture that we need for now, although we cold find more bearish signs on higher time frames as well. Despite that BTC has tried to show couple of pullbacks up from our 62-62.5K area - reverse H&S has not been formed. Other words, market was not able to confirm bullish reversal and other bullish patterns that we...
If after a retest in the support zone, maybe we should move up and make higher highs.
After the United States released mixed economic data, the U.S. dollar fell slightly, giving gold some support and maintaining a stable situation. A report from the U.S. Department of Commerce on Thursday said that U.S. gross domestic product (GDP) grew at an annual rate of 1.6% from January to March, lower than the 2.4% expected by economists polled by Reuters....
The yen plunged to ¥160 to the dollar. The boj had no choice but to intervene. Indeed, central banks intervened heavily towards the end of Asian markets. The yen (USD/JPY) traded as high as 160.32 before the central bank's strong intervention brought the exchange rate down to the 155-157 level. The last time USDJPY traded at or above 160.00 was in 1986. Over the...
Looking at the chart, we can see that the market is in a range. My thinking is that the market, if it can rise to the 1.081 range, will fall to the bottom of 1.055
Right now we are still in the bearish trend and momentum, and then look for opportunities to sell
Gold prices opened up room for upside after breaking through the key pressure level of 2333 on Friday, but the bulls encountered resistance and fell back at the key pressure level of 2352, and finally managed to hold on to the 2332 mark. As expectations of the Federal Reserve's interest rate cut were once again cooled, and geopolitical risks were reduced, the...
If when the price moves to the expected level according to the scenario, then it is possible that the price action will be completed according to the scenario
The price is delivered to $195 per month with buyer liquidity on Friday. Prices are being attracted to SIBI and are likely to remain so. That said, I suspect the price will bring a low to rebalance the D that FVG created on Friday. Prices may seek lower prices, weekly low targets marked by sell stops.
Looking at the NASDAQ 100 (US100) chart on the 1-hour time frame, I see a bullish trend encapsulated within a rising channel. We're currently observing what appears to be a slight pullback from the upper trendline of the channel, which is a common occurrence after testing resistance areas, indicated by the shaded circles. The dotted blue lines suggest the trader...
Now bullish on $30, it is recommended that you hold a long position in the area shown on the chart. If you are day trading, it is recommended to look for bulls.
In this AUDUSD 15-minute chart, my Elliott Wave analysis suggests a SHORT position could be advantageous. The chart depicts a completed five-wave advance, followed by an apparent A-B-C corrective pattern in the making. The final fifth wave peaked and we are now seeing a typical retracement pattern taking shape. The corrective wave (a) has taken place, and the...
Looking at the ETHUSD 15-minute chart, I'm contemplating a SHORT position, guided by Elliott Wave analysis. The chart shows a completed five-wave impulse to the upside, marked (1) to (5), which suggests the beginning of a corrective phase typically consisting of a three-wave structure: (a), (b), and (c). The initial corrective wave (a) is evident, and a bounce...
The chart posted is what I see forming within the correction phase . as you can see the Dia and Iwm are showing some real sights of weakest the game of musical chairs one by one drop off So far best of trades Wavetimer
Dear traders, I would like to share with you this analysis on Bictoin as I expect Bitcoin to fall to around 53,000. At the moment, Bitcoin can't hold the outer or inner lvls and there is a moment of polarization, or near-term drop into the next range. This opens up a lot of trading and investment opportunities. At the moment I would focus as a buyout lvl at...