i think it will go to the .62 fib zone before returning up. i went off of wykoff theory and a bit of elliot wave. i could be wrong. if anyone has insight on where i went wrong please contact me so i can better understand.
The main support level rejected Dogecoin. I anticipate an upward movement from this level.
Please, check our technical outlook for AUDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.597. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
We have swept ARH and PDH we have displacement to the downside followed by a breaker and IMB we enter off the IMB stops above the high TP 1:2 RRR lets see how it goes.
Consider initiating a buy position for XAUUSD at the present level of 2296. This entry point is strategically chosen to capitalize on potential upward movement in the market. We aim for three take-profit levels: 2310, 2315, and 2318, each representing incremental profit targets as the asset ascends. In case the market turns against us, it's prudent to have a...
From the chart it looks like the S&P is forming a bear wedge. This is a continuation pattern. At the end of the week, the 50 moving average did not break. If we break above the 50 moving average, that looks bullish to me. If we break above the flag, then it will be more bullish. In the short term, therefore, the situation is bullish.
daily time frem trend break out 15 min ob restpect with retest NOTE- trade at your own risk
Bullish Confluences in Price 1. 0.79 fib retracement 2. Bounce off the 100 Moving Average 3. Daily FVG (fair value gap) 4. an indecision candle stick pattern these confluences are indicative of a bullishness in the CHFJPY pairs,and we can expect to see higher prices on this pair in the lower timeframes
One of the fastest growing Logistics Company with strong fundamentals. Price has almost corrected 60% from its previous high of 2572 and now moving sideways near strong accumulation zone Good to accumulate at current levels for the following targets: Short term target around 1600 (48% ROI) Medium term target around 2300 (113% ROI) Long term target around 4200...
this price action is giving confidence on looking for only for sell setup
Many market participants have the same problem - holding a profitable position for a long time. For this reason, people don't take away all the movement of the instrument. You can give reasons, I will re-enter corrections and increase the number of coins - in 95% of cases, this does not happen -Profit brings diligence. -A trader has one goal - to catch the...
Gold prices recorded a slight decline after recent losses as traders continued to price in higher longer-term US interest rates ahead of the US Federal Reserve (FED) meeting over the weekend . The yellow metal fell from record highs reached in early April as safe-haven demand weakened in the absence of any escalation between Iran and Israel. This makes gold...
-Bitcoin traded into discount -created SMT with ETH on weekly candles -Created a 1H inversion FVG -CLEAR draw on liquidity higher -Overall Uptrend -NQ market bullish as well
Hello everyone As I mentioned before, my ideas in hourly timeframes in correction patterns have many uncertainties and they are just to give you an idea about what might happen. You must not rely on them and get in any positions till you have reliable confirmations. My ideas that do not have Fibo level and is in general view are only to give you a view. For this...
The positive support showed a strong rise, but the lack of momentum did not continue. It retreated from the high and re-examined the support. It stabilized and turned upward to maintain the range. The Federal Reserve kept the current interest rates unchanged, and the overall tone is dovish, pushing the price of gold to rise further. It seems that the...
BOME / USDT for next 48 hours: Nice and simple know where is heading as we have a nice double bottom. Execution price: $0.013526 Distribution price: $0.013810
BTC has staged an impressive rally, surging by approximately 80% since the validation of the ETF. There have been few notable obstacles along the way. Currently, BTC prices are confronting a significant juncture, encountering monthly resistance. Historically, BTC has been rejected at this level twice before, once in May 2021 and again in November 2021. The...