Morning folks, Recent Fed meeting results have made impact on short-term BTC performance as well. Although our major bullish context based on daily reverse H&S pattern remains valid, BTC could try to move slightly lower. So, the right shoulder on daily chart will be more harmonic to the left one. In general, until BTC stands above 61K - H&S pattern will remain...
High RR taken with low lot size lower risk for high rr trade C grade setup.
OANDA:XAGUSD My strategy deals more with Breakouts and Pullbacks , on the 3hr time frame i have spotted a breakout , which is not visible to the retail traders but it is to the Hedge funds ,,we might see a pull back just to liquidate bears So to avoid this wait for a pullback close to 29.8 on silver before going long , BULLS are in for a surprise 😂
From where we put the green arrow on the chart, it looks like SFP is completing a triangle. It seems that we are at the end of wave C and the structure of wave C was a double hybrid. It is expected to drop towards the green range for wave D. Closing a daily candle above the invalidation level will violate the analysis. invalidation level : 0.95 For risk...
Timeframe: 4-hour chart Key Support Level: 1.2657 Entry Point: Buy at 1.2657 Stop Loss: 1.25986 Take Profit: Range from 1.27306 to 1.27475 Support Zone: The 1.2657 level is a critical support zone. Historical price action indicates that this level has repeatedly acted as a reversal point, suggesting strong buying interest. Price Action: Monitor the price as it...
Buy to start of the week. Liquidity is set and manipulation of the other side was set as well.
Hello traders, PA broke the highs with an ending structure and dropped with huge momentum. Price continues more than 50 percent below the broken lows. We are currently forming a structured flag (3 touch) towards the hookpoint. I'm waiting for a 1H entry.
XAUUSD might building a base in a running flat pattern before a drop toward 2238 +/-.
NYMEX: PL Platinum futures prices forecast T/S : Trend Trading B/S : Buy Entry : 950.00 Target : 2,350.00 (147.37%) Stop : 840.00 (-11.58%) Date : Jun 17, 2024 Note : Resistance 750, 1450, 2250, 4100
Hello, We've identified a huge current opportunity to buy British Pound Futures with a high probability and a favorable risk-reward ratio in the Weekly chart. Our target is $1.2300 within a few weeks. Ibrouri
Since April 22, we have seen the price increase and the value of the pound against the Canadian dollar, after hitting 1.7600, the price changed direction and the upward trend turned into a downward trend, with the start of today's market, the pound is weakening against the canadian dollar. we have several scenarios ahead of which we are evaluating the most...
The price perfectly fulfilled my last idea. It literally tanked hit the target zone. FX:EURUSD is currently forming a double bottom pattern after its recent channel breakout. On the 1H timeframe, the market has been trading sideways since the Asian session, suggesting a potential pause in the bearish momentum. Given that the markets often consolidate after...
simple power of three (also how i navigated successfully since mid april) and how i believe it will play out due to seasonality. breaking lower 72.7 will invalidade this. currently have one long possition from the dip and one short running. wish the best to all of you
The Nifty has been in an uptrend for the last seven days, with not a single candle on the 1-hour time frame closing below its previous one. However, a rare hanging man candlestick was observed at the end of last week. Despite this, the Nifty broke the weekly high the following day and has not formed any candles on the daily time frame indicative of a trend...
I think we still have one more impulse to 68.7k and then correct to 62.2K
FX:USDJPY Analysis: After breaking the ascending channel, the price failed to approach the 153.50 support and reacted in the 154.99 range. In the short and medium term, we should see the upward trend of the price and the strengthening of the US dollar against the Japanese yen.
Attention to the Bitcoin chart. The orange line is similar to the short-term holders' realized price, only slightly better. Almost every time the price approached this line, Bitcoin dropped by another 4-7% and then immediately reversed and continued to rise. Looking at the current situation, we have a clear parallel channel in which the price has been for over 90...
As I predicted before, I had a 100% success rate. Let's consider a long position based on the current technical indicators. Trend Line: We have a yellow trend line where the price bounced in 2016 and 2022. We are now approaching this trend line again. Bat Pattern: The bat pattern indicates that point C, which is the 0.886 Fibonacci retracement, aligns exactly...