I have a pending sell stop for EURAUD. The price action has been sideways but will a negative bias so I am considering a continuation lower.
Price broke trend we could see buys in 0.98000 ~ 0.98200 area price took out 2 highs indicating diminished sell momentum
The DXY tracking the USD Currency is currently taking a massive hit while stocks surge on CPI data. Generally, the DXY tends to move inversely with the Stock Market overall and is a good place to find resistance and support levels that are hidden in the Stock Market. (As DXY Finds support, stocks hit resistance; vice versa) Recently the US Dollar Index has taken...
By taking a deeper look at USDCHF You'll notice that bulls face harder time to move the price. I'll wait for the next move! if next moving up of the price we'll be still not so strong! I'll short the pair. Breaking of the resistance is also possible.
MSTR would benefit from a stock split. It is pricey for today's market conditions. It is showing improvement in its trend. The resistance above the high range is short-term and moderate. This would more likely be a swing style trade based on the runs and trend. There was a Dark Pool buy zone over the formation of the bottom. This can be a precursor for upside...
Looking for a new lower low, to continue the decline of GBPJPY There is a massive imbalance that the market will look to fill and that ties in nicely with the target for today. A risk of 1:2 on every trade means we don't need to even get 50% correct and still come out on top.
hello traders We are watching the Solana cryptocurrency for a buying opportunity because we have a strong rush from buyers and sellers' reaction is corrective so we expect to get another rush
wave analysis market structure price action support zone momentums pullback
Market structure price action wave analysis order blocks momentums pullback impulse wave
It's the ability to believe in the unpredictability of the game at the micro-level and simultaneously believe in the predictability of the game at the macro level that makes the casino and the professional gambler effective and successful at what they do.
hello traders We have a break of the buyers wall and a strong wall for sellers. The price is expected to retest the block of orders and get a lower bottom.
Looking at the chart analysis, you can see a few things: 1. The Bollinger bands' upper and lower boundaries are squeezing, which likely means a big move is happening. If the price goes over the basis, it will most likely break upwards, while if the price continues being under the basis, then it will most likely break downwards. 2. The “Descending triangle” that...
It's the ability to believe in the unpredictability of the game at the micro-level and simultaneously believe in the predictability of the game at the macro level that makes the casino and the professional gambler effective and successful at what they do.
“Success is nothing more than a few simple disciplines, practiced every day.”
RCON has been on my radar ever since its 1000%+ Rally in Late 2020 & into 2021. Recon Technology Ltd. is a technology / hardware company based in China. RCON is pretty much a micro-cap company, but can offer a huge run-up. RCON has gained my attention recently as it has done a few things. 1) Daily Breakout over 9-21 ema clouds (first time since March '22) 2)...
Hello Friends! In this trade we've achieved almost 400% profit in just 2 months. Target is more than 600% , which I assume will hit in 2 to 3 weeks. We entered this trade 2 months back. For detailed analysis you can watch my videos. Happy Trading !
Tesla, an absolute beast of a company, an investors dream stock to have been holding the last few years, and one that everyone wants in their portfolio. Tesla has actually help up surprisingly well in this Bear Market thus far. Tesla has outperformed many other beaten down tech stocks with soaring growth in deliveries, and revenue. Tesla has solid fundamentals,...