I think GDP will be luke warm at best and we'll not retest the low, nor create a new one because most of our current condition has been priced in.
What Is a Death Cross? The "death cross" is a market chart pattern reflecting recent price weakness. It refers to the drop of a short-term moving average—meaning the average of recent closing prices for a stock, stock index, commodity or cryptocurrency over a set period of time—below a longer-term moving average. The most closely watched stock-market moving...
Pair: NZDUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, Fibonacci retracement ————— Key Takeaway: Seen price break trend line and test support, we have also seen a bounce off 0.5 on the fib retracement level. As USD strength is still all there we will be shorting this pair as we are starting to see signs...
Pair: AUDNZD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Seen alot of resistance against trend line and a double top form on the 1H chart, once we see a good amount of bearish momentum we will be looking for short entry ————— Level needed: need a close by 1.11460 ————— Trade: Short...
Pennant forming it's consolidating a bit so could go either way. Most argue in favor of a trend. New highs? I don't think so. The daily has has two hanging man or hammers indicating a top. Personally in favor of continuing trend
The SPY laid out a nasty trap the past couple of weeks. After screaming up on a bear market rally the SPY made a huge gap up. If you take a look at the past months you'll see that most of the reversals after a bull run started with very similar gap. This gap lead me to go short a bit early. I got burned a bit but managed risk the best I could. As you can see the...
Hello guys, this is an analysis of short-term and long-term... ETH has broken the resistance of 1280 recently, but it doesn't mean a bull run is coming, so you shouldn't worry about losing the opportunity of buying ETH, there's a GAP between 1300-1700 that should be filled and ETH goes back to the actual price, and the target will be below 1000$... whenever ETH...
Pair: GBPUSD Timeframe: 1W, 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Just hit very significant and long term support and trend line with a double bottom on 4H, GBP is significantly week right now so we are looking for either a break or bounce ————— Level needed: need a close by 1.18050(bullish) or...
Pair: CADCHF Timeframe: 1H, 4H, 1D Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, trend channel ————— Key Takeaway: Stuck very well to downward trend channel so we are looking to sell when price breaks pennant and high volume level ————— Level needed: need a close by 0.73730 ————— Trade: Short RISK:REWARD 1:5 SL:...
Many of you asked me to analyze BTC "log" monthly chart, so here we go :D From a long-term perspective, BTC is overall bullish trading inside our two (green and blue) channels. We are in a correction phase, but the question is, till when / where? 📌 We have got two main key rejection zones: 1- Blue Team * Blue Trendline acting as a non-horizontal...
Based on the levels I wouldn't suggest moving into this unless you are willing to ride the market.
long term idea based on elliot and market maker method
order blocks wave analysis Accumulation Momentum measurement PRICE ACTION Market structure SUPPLY ZONE
Just an idea and trade at your own risk. TWTR is still in its uptrend channel and double retested the demand (support) zone and forming a double bottom pattern. Next targets to area 50 and after breaking and closing weekly above the double bottom neckline at area 52, will confirm its bullishness movement to the upper channel of the uptrend at area 85 as long...
The current price on Apple is 174 at the close. Market makers have been using apple as a way to pump the market before the greatest crash since 2008. Based on volume and open interest of 145c and 175c calls, market makers have created thousand of spreads. VRVP indicates a midline of 150 so a 145c call would be minimally influenced by theta burn from a quick...
The price has officially broken out the consolidation range to the bears. The target point for a reversal is still at at $0.28 however there is a few levels of support before the price reaches this point, these support levels were sourced from the fib retracement of the current wedge formation. The price has bounced off the golden ratio, (62.8% fib) so the price...
so according to data market is bearish, making a symmetrical pattern on 1 min time frame, and breaks for the downside.
Bitcoin Price Prediction 2022 2023 BTC/USD LIVE Trand