LocalBitcoins is a huge name, even though they have no volume its closing down can definitely be felt across the market. People tend to panic over anything and everything. They made some really bad business decisions in the past and now it seems they are paying the price. This will be just another minor "bump" in the road and Bitcoin will resume growing once...
Bitcoin falls as the Kraken news is out. Kraken has paid the SEC 30M in fines because they were offering securities through staking, they will no longer offer this. More new to come out as an "Announcement" is awaiting to hit the public. There has been speculation that there will be some Crypto regulation announced soon... Keep an eye on Bitcoin as the price...
We saw great support created in the 157 area, now I believe in a pullback to higher point in 1.60 long position
In accordance to my previous post, I outlined the scenario in which we may pull back on US OIL to these prices 76.8. We have created structure as anticpated. RR 3 : 1 Not Financial Advice
SQL with HVN levels Possible to run after partnership with U.S FBI
This is my bias for today. I am waiting for 8:30 AM Non-Farm Employment Change news, no trade until there. I will look for a distribution formation on lower timeframe (5min) and than look for entries
My view for EURUSD today. There is trendline liquidity and trendline traders to be taken out. I think price will target their stop losses and then reach for the Daily Buyside liquidity. No entries for me today until FOMC. I will update you on Twitter and here If I enter any trade. Don't rush. Let the price show what it will do at 2.00 PM New York time. PATIENCE!!!
Fundamental Analysis Here are the key takeaways from BoE meeting: 1. The Bank of England's Monetary Policy Committee has increased the Bank Rate by 0.5 percentage points to 4%. 2. The vote was 7-2 in favor of the increase, with two members preferring to maintain the Bank Rate at 3.5%. 3. Global consumer price inflation remains high, but is expected to have...
I want to see this formation on DXY, on 5 min chart, to look for long opportunities on EURUSD and GBPUSD. Price should come at 102.400 level and form a distribution.
Today we await the announcement of interest rates by the FED. This is the most important news right now and is sure to cause movement. Bear in mind that there will be press conferences 30 minutes after the announcement. Yesterday we discussed the buying zone which is already reached and we have a rise. It’s important to see confirmation of this movement...
What is your thoughts ? looking at a possible long with all the high impact news for EUR tomorrow.
Wick to 50% retracement level on 1D chart, 1000 Consumer Confidence, possible setup for a bullish breaker. Lets see what happens
BANKNIFTY CRUSH FOR HIDENBURG CASE Adani Group's legal head Jatin Jalundhwala said Thursday: "We are evaluating relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg." This is the reason for fall New Range 39600-40600
The EUR/USD pair has been trading in a tight range, with the bulls wanting the channel to continue but under a lot of selling pressure. The pair has been dropping since the start of the day and is currently trading around 1.09112. The market sentiment is bearish due to the mixed economic news and meetings that are scheduled today. The market is currently...
If we see the entry signal in this zone with the set loss limit, we will enter the matter of the degree of ascent, but keep in mind that this signal is used in the upper periods, so you must be patient enough, but if the goals are achieved, there will be a good profit. befor newsssssss
The coin, after a long growth, went on a correction, as a result, a horizontal support level of 5.92 was formed, confirmed by several touches. Currently, the coin is consolidating at this level, volumes are declining, which indicates the weakness of the buyer. I expect a breakdown of this level, consolidation under it and a decrease to the lower support levels.
Today’s news will cause new movements and gives new trade opportunities. Over the past few days we’ve been looking at GBPUSD. Yesterday the price reached 1.2300 and made a new top. Thus, the expected movement after the news has been completed. Today we will look for another rise. Upon a breakout of 1,2315, the next resistance levels are 1,2370 & 1,2427.