- The market has been trading above a bullish trendline since November 2024 ; the long term trend is bullish. - Last month, the market entered a consolidation phase following the establishment of a new all-time high above 5,100pts. Investors have taken some of their profits out, which pulled the market back to its bullish trendline around...
Looking for a tap into lower TF demand zone to continue upward move toward previous highs. Once a 5 minute candle taps, will wait for candle close to enter long.
Waiting for the US30 to cross the pivot point for a potential breakout.
EURNZD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long EURNZD Entry - 1.7739 Sl - 1.7653 Tp - 1.7884 Our Risk - 1% Start protection of your profits from lower levels ❤️Please, support our work with like & comment!❤️
Here are some pointers to keep in mind: - One year-long consolidation. - Clearly defined support and resistance. - 6 Week consolidation at the resistance zone makes the resistance weak - Recent breakout was prevented with a long upper wick. A.K.A Sellers present. - Margin of Safety is a mere 6% ( CMP vs ATH) - There is no clear winner yet as the signals are...
In this week's XAUUD analysis video, we delve into the recent surge in Gold prices amidst economic uncertainties in the United States. The previous week witnessed a notable uptick in Gold prices amidst the struggle of the US treasury to gain traction. Additionally, the University of Michigan survey revealed a pessimistic sentiment among Americans, with Consumer...
Yesterday, spurred by weak economic data and unfavorable CPI data, the U.S. dollar index fell sharply. After today's slight rebound, I think the US dollar index has stabilized. Why do you say this? The reason is that the U.S. dollar index simply cannot continue to fall! If the U.S. dollar really falls, the chain reaction will be completely unbearable for the U.S....
The AUD/USD pair has encountered resistance around the 0.66333 price level on the daily timeframe, indicating potential downward pressure. This rejection could signal a movement towards the support level at 0.64857. Traders may monitor this development closely for further price action confirmation.
Based purely on chart analysis and with no fundamental knowledge taken into account, I believe the rest of 2024 looks up for the AUD/USD pair. I believe a previous high of 0.68725 to be retested by end of Oct 2024 and most likely surpassed if this occurs a price level of 0.69809 will be the next target. A fall in price below 0.62794 invalidates this theory.
I'm ready, are you? support holding. 0.9-1.2 are the main targets for the bull run.
My dear followers, I analysed this chart on AUDNZD and concluded the following: The market is trading on 1.0909 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0946 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price...
Considering the volume of entry into the euro currency and its long-term increase, we consider this moment's decrease as a price correction and determine the target for the increase again. The first target is marked with a green area and the second target is in the range of 1.08950 The third target is in the range of 1.09200
Livepeer BINANCE:LPTUSDT seems to be giving us a great opportunity by retesting the top of its previous accumulation range. The Perfect Cloud (BPC) remains green, indicating that the uptrend is intact for the time being. This retracement back to this very strong structural level is further reinforced by the Vegas Daily (blue cloud) of the Trend Identifier (BTI) !
Hey team, Hope you are Enjoying our ideas and Analysis, Today we are monitoring XAUUSD Looking for Bearish Around 2415-2418 Once we will Receive any Conformation the Trade Will be Excuted Good Luck Guys 🤞
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) is trading bearishly after falling from the $2,400 level. The recent rise in precious metals was driven by lower-than-expected US inflation data in April, which raised hopes of rate cuts by the Fed. However, comments from Fed officials on Thursday signaled that interest rates...
after the liquidity grab during asian session . market grab liquidities at ny session and now goaing into above supply
just testing my strategy out that's all, believe price will fall a bit.
A double top is a bearish reversal chart pattern that typically signals the end of an uptrend and the beginning of a downtrend. It is one of the most common and reliable patterns in technical analysis, indicating that the asset may have reached a significant resistance level. ### Characteristics of a Double Top 1. **Shape**: The double top pattern resembles the...