Buildup prior to the invasion was a steady week of lower prices in January, until 17 Jan 1991 when coalition forces took control of skies over Baghdad and destroyed Iraqi air and ground forces. Overlay is Jan 1991. 17 Jan was the night invasion. 18 Jan the market took a moon shot. Once it became apparent that our guys were winning, bulls took over and the rise...
avp + avwap + frvp + pivot are all supporting bullish bias. short term pump incoming?? ++++++++++++++ avp + avwap + frvp + pivot are all supporting bullish bias. short term pump incoming??avp + avwap + frvp + pivot are all supporting bullish bias. short term pump incoming??avp + avwap + frvp + pivot are all supporting bullish bias. short term pump...
The EUR/USD pair shows intriguing developments in the 4-hour chart, hinting at potential upward movement. Starting with the RSI, it has recently hit massively oversold levels, indicating a likely reversal as the market may deem the Euro undervalued against the Dollar. Simultaneously, both the MACD and its signal line are trending upward in unison. This parallel...
As we inch closer to the much-anticipated Bitcoin halving event slated for April 20th, the BTC/USD pair presents a fascinating narrative on the 4-hour chart that deserves a meticulous analysis. The halving, a scheduled reduction in the reward for mining new blocks, historically acts as a catalyst for significant price movements, making the current landscape...
The BCO/USD chart reveals a bearish divergence ; despite higher price highs, the CCI shows lower highs, signaling a potential reversal. Additionally, the CCI's presence in an overbought zone suggests the pair might be peaking. April's monthly pivot at 85.66, like March's, remains untouched —a notable point for traders. This untouched pivot, combined with our...
SAVMUSDT is facing significant resistance at $8.506, a key level on the monthly chart. Given current market conditions, a breakout appears unlikely in the immediate future. Technical Analysis: Resistance: $8.506 (Monthly) Support: $7.391 (Daily), $6.630 (Daily), $5.449 (Monthly Pivot) Volume: (Not mentioned in the provided text) Key Observations:...
EUR/USD has displayed bullish characteristics over the last couple of weeks. - We have reach a high in the market @ 1.095. - This high was made after a bullish A,B,C,D pattern aka (Trend). - In bullish markets, prices tend to find support at the previous high, the previous high in this market (To me) is @ 1.085. - We currently have made a bullish pin bar...
confluences: overall market dump bearish pivot s/r flip bearish .618 bearish break of structure exits: range POC LIQ HUNT expecting a HNS/choch after reaching ote zone
GBPJPY faces a critical juncture this week, with a formidable monthly resistance level at 193.659 coming into view. If the pair can surmount this hurdle, it could unlock a significant upside move towards 214.005, with limited resistance in the way. Technical Analysis: GBPJPY has been in a strong uptrend since the beginning of the year, gaining over 17%. The pair...
Mirusdt bearish trend is over, and I expect further upside for mirorPortocol .... Based on Fibonacci and Ichimiko.
Bitcoin chart in 4 hours time frame. In the previous analysis, we saw that there was a significant upward movement in the area of demand that we considered. I hope you have used this opportunity well. Currently, Bitcoin is strongly bullish and there are no signs of weakness in the trend, so we should look for more suitable places, areas of valid demand to...
Hello, I hope you are doing well We see gold chart in 1 hour time frame. We saw a drop for gold on Friday after the nfp data release. Further, selling pressure on gold has been maintained and managed to break the important demand area downwards. At the moment, we are on the demand zone, where we have to wait for this candle to close. If candlestick or price...
Intermediate Term expectations continue on course. Retracement into Bearish Weekly Swing leg Internal Liquidity underway (Swept first Internal Lower High Pivot on Tue 23Jan).
GBPUSD still on weekly supply zone then creates a potential supply zone nested in weekly supply area. i expect price to further fall to the downside into 1.25616 - 1.25023 demand zone.
As you can see, the daily trend has managed to break its downward trend line and it is also in the direction of the weekly trend. Due to the breakdown of the daily trend line, we are waiting to return to the target area, and of course, we are considering the goals ahead ⚠️ This Analysis will be updated ... 👤 Banipal : @hosseinbakrani 📅 02.20.2023 ⚠️(DYOR) ❤️ If...
AMEX:SPY I'm doing a quick analysis of basic price action from the start of 2024 thru the end of January. AMEX:SPY $475 is a possible support High and Lows for this year are identified, a break of either of those could generate a more significant move in the same direction. We could see a lot of chop between AMEX:SPY $478 and $472, but if $472...
Dear Traders, Gold tends to react to weak economic data and potential shifts in interest rates for several reasons: Hedge Against Economic Uncertainty: Gold is often considered a safe-haven asset. When economic data indicates weakness, such as low GDP growth, rising unemployment, or sluggish consumer spending, it can signal economic instability. Investors turn...
From the resistance area of the four-hour period, we saw the price return, which made it break its previous low in the one-hour period, create a new low, and again record a lower level than before. -Now the price reversal has been confirmed by the resistance zone and we are witnessing a change in the trend. -For selling positions, we should wait for the price to...