As today's market landscape evolves, astute traders recognize the potential for profitable opportunities. With a comprehensive analysis of the US100 (NASDAQ) on the 4-hour timeframe, a compelling case emerges for considering a long position. This article will explore the pertinent factors and recent developments that bolster the bullish outlook for US100. Tech...
Profit taking for a trader is crucial because you must pay yourself for the time spent in front of the chart. So long as you follow the adage "Let your profits run and cut your losses short." It is a job and not a hobby/passion at the end of the day. We are playing with real money here! The market has ascended 5% and that is about the extent of the Average True...
Observing an interesting picture on the MOEX for MOEX:CIAN . Energy for the good jump was taken and it is really ready. All the indicators show turn pattern that can take place in the nearest time. Looking at this pose and a huge difference between NYSE:CIAN figures on the MOEX and NYSE. I highly assume, that the CIAN line on the NYSE lags behind the CIAN...
BTC has been very fun to scalp in this flag pattern over the last few weeks. But we are getting really close to a moment of make or break. I like to keep my technical analysis really simple, using basic techniques such as price action, trend-lines, and zones of support and resistance (S&R). As the analysis clearly illustrates, we can see a 50/50 scenario here. A...
Bitcoin is approaching another major resistance level right at 26700 and it will act as resistance. I'm planning on shorting this level with a SL of 27000 and target of 25000.
What we can observe here are Daily candles and Weekly Level's. To be more specific : A Daily timeframe Retest of a Weekly timeframe S/R level after a Daily engulfing candle. The weekly candle closing in 3 Hours at or below 1775 Weekly Support level looks great for bears. Bear pressure seems quite overwhelming and is coinciding with the opening of a new weekly...
On third Friday of March, June, September and December, most options and futures expire. Already today there will be a large quarterly expiration, popularly called "Quadruple Witching", In total there are 4 of them per year (at the end of each quarter). In last hour of a trading session, trading volume and market volatility usually increase sharply. 💫 As a...
USD Interest rates helped to pull EURUSD back for better prices. Euro interest rates was the catalyst for a +1% increase in the EURUSD currency pair. The WeekIy candle can push a bit more to end off the week. We usually have a bunch of liquid just past extreme highs and that is what I am explaining on the chart. This is a price action concept. took buys at the...
NYSE:CLF is a good industrial company with a long history and covers a full cycle of production. Looks like it shows attempts to bounce of the historical bottom. Would not like to analyze on the short time frames, cause I convinced, it will show awesome results, but only on the long period of time. This company is relevant for investors, who are ready to buy...
- Weekly Candle is Bullish and has pushed past the previous week's high creating a nice breakout of 77 pips - The 3 Daily candles this week have been Bullish - The Previous Daily candle increased by 70 pips in total ( 31 Pip Body and 40 Pips top wick ) - The previous daily candle's top wick was larger than the body of the candle itself. - The 4hr timeframe has...
liquidity swept and BOS done and oversold lets go LONG!!!
Now during FUD from US Department of Finance, we saw what a sale of altcoins was - this may negative affect ETH too. A large number of coins are written on Ethereum blockchain, so in event of further delisting, this should negatively affect for second coin on market. 📉 From its high this year, BINANCE:ETHUSDT is already down -18%, while BINANCE:BTCUSDT is...
With the close of the Daily candle in the next 1.5 Hours, Longs would prefer a candle closure above 1.0782. This would confirm another Higher High in market structure. In an uptrend price creates Higher Highs and Higher Lows. If this occurs then we can anticipate a bottom wick ( Higher Low) and then a consequential new bullish candle push to the upside back...
As price rejects our weekly Level 1.066 which began on May 31st, we map a possible scenario in which we may jump on the train with long positions. I am anticipating the new weekly candle to pullback first and create a bottom wick as most weekly candles contain. Price has arguably been in a range for the past 2 weeks. The Last 2 red folders news events last week...
Price action is looking quite dreary for Bitcoin bulls at least in the short term. The June 6th 5-6 % increase in price was retraced in 3 days & 10 Hours. The 5% increase prior to that, on May 28th, was duly corrected in the same amount of time (3 days). Additionally, the market is likely to see lower prices with fears surrounding recent SEC developments against...
The market is going up for asian session and I'm anticipating a correction of this price action during lodnon session. With USD CPI data during New york session it is possible price could just fly to the next daily resistance zone 1.0813. This will likely occur if the 4.1% forecasted inflation rate isn't met and inflation decreases at a slower rate than what is...
Today Im selling gold with high impact news - CPI. But Im careful and dont use big lots. Always taking partials
Stable company with a sustainable business. I expect, that is will show about 50% during the next 9 months. MOEX:RUAL ::39->60::50%::March 2024 Does not constitute a recommendation #investing #stocks #idea #forecast #furoreggs