As discussed on my morning's commentary: "My position: I was on sidelines session or two monitoring the developments however I missed current aggressive #2,387.80 - #2,340's decline as it was delivered in the time when I am off my charts. Regardless if you decide to Trade the news, I do expect upside surprise on NFP numbers and even stronger reaction on Gold to...
As discussed on my morning's commentary: "My position: I was on sidelines session or two monitoring the developments however I missed current aggressive #2,387.80 - #2,340's decline as it was delivered in the time when I am off my charts. Regardless if you decide to Trade the news, I do expect upside surprise on NFP numbers and even stronger reaction on Gold to...
Adobe's stock price has been declining over the past month, currently trading below its 50, 100, and 200-day moving averages, with the chart drawing a "death cross" pattern around mid-April, which further confirms the bearish sentiment. The stock now trades at a 25% discount compared to the highs earlier this year. The Volume Oscillator currently stands at 1.3%,...
The Turtle Soup strategy is a type of trading strategy that capitalizes on false breakouts. It was popularized by trading expert Linda Bradford Raschke. The strategy gets its name from the famous "Turtle Traders," a group of traders trained by Richard Dennis and William Eckhardt in the 1980s. The Turtle Soup strategy essentially seeks to profit from the failure of...
study("Trend Rainbow", overlay=true) sae = input(true, title="Show Aggressive Entry?, Or Use as Alert To Potential Conservative Entry?") sce = input(true, title="Show Conservative Entry?") st = input(true, title="Show Trend Arrows at Top and Bottom of Screen?") def = input(false, title="Only Choose 1 - Either Conservative Entry Arrows or 'B'-'S' Letters") pa =...
DXY is bullish and this has an inverse correlations with any currency pair ending with usd. the price of gold over all, due to the bad negative news coming out about it, is set to go up because its a natural meneral resource. African countries are lacing strict rulles around the trade of gold with other countries
keep an eye on gold on lower timeframes for a buying opportunity as this could be the spring to complete this type 1 on the 1H TF.
same concept with bullish break out 4h (I will post later) right now 1H bearish trend need to break 2327 support 1st to validate the bearish indicator it's not enough to make bottomed indicator while leaving a chance to reversal as bullish divergence later so hit under 2327 first before retrace up (or no retrace up due powerful 4h and 12h bearish spike and...
GOLD / XAUUSD -------------------------- In anticipation of potential weakness in the asset, adopting a patient stance is recommended. While a final rally into the $2,400 range seems unlikely at this time, the possibility remains. However, in addition to remaining vigilant, being prepared to sell the asset is crucial. There may be an attempt to test the...
GBPUSD - here we can see that from past 3 days price moving a side ways direction, we have a fvg point nd also imbalance liquidity at support zone, make a short entry to the support zone, follow for more live updates...
Price has been trending in a channel but also completing a wave count within the channel. Waiting for a retest.
Hi everyone, Opened BTC UP position at 69100 price with 10x leverage on Fybit trading platform. Target at 72000, Stop loss at 65900. Position was opened on 4-hour timeframe. After rising to 72k Bitcoin price declined below 67k and after some consolidation started to rise again. On 4-hour timeframe on the chart higher lows formed which is signaling about...
My dear friends, My technical analysis for GBPCHF is below: The market is trading on 1.1388 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1410 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
My dear friends, Please, find my technical outlook for GOLD below: The price is coiling around a solid key level - 2361.2 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2345.5 About Used Indicators: The pivot point itself is...
missed my entry at 65k never wicked over weekend, being patient now for the breakout, see if we get the entry & it runs for the new range highs
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price reached the resistance level and even entered to the seller zone, where started to decline inside the downward pennant. In this pattern, it fell to the support level, which coincided with the buyer zone and also reached the support line of the pennant,...