EURUSD is in a strong downtrend but is currently consolidating on the monthly support. The double bottom pattern and RSI bullish divergence on H4 suggest a short-term retracement. A break above today's high will rally the price towards 1.07 which is the monthly pivot/50% fib retracement.
Watching Gold for a potential bounce here given the pivot levels, however it has ben in a larger downtrend since April 18th so there's still caution when it comes to expecting a longer term bullish move.
BTCUSD so far this year, the Yearly pivot point(P) is strong resistance, and Demarks Yearly S1 pivot point is support = computer algos are in charge!
AMEX:SPY In this video I go over very general market conditions and express my bear case on the SPY using some simple indicators. This is not financial advise and was created for entertainment and educational purposes only. Do not use this video and its contents as a recommendation to buy or sell any type of security, the opinions expressed are of my own and...
Hello traders, the price bouncing on the MA200, the price is over the pivot point, it might go up until R1 or R2. Pls, remember to check the trend. The prices could retrace until the inmediatly last band, bouncing, and then continue the trend. If the price breaks down the pivot point we will go in short. (downtrend) Indicators MA 200, 20-8 RSI 8 MA8 Bolliger 20,...
Watching as price interacts with the demand pivot level. We've had a couple of bounces over the past 24 hours but this time we seem to be decrementing the level slightly. Get access to our Pivot Points Tool today! - Link in bio
Bullish divergence coupled with strong price rejection on the support indicates a pullback will happen. A break above the short-term resistance will open the way to 0.86300.
I mark supply and demand areas based on pivot points and the last candlestick before the main movements Reason for marking supply and demand area: 1-There is Range inside these candles, after which the market has decided to move 2-And another reason to mark these candles is that banks and major market players in that area have orders. Reason for marking...
Hello traders. The price action is going down. It shows a lot of band resistances on top of the price, and also it shows pretty good volume to keep the downtrend. Important take a note about this. Check the trend, and confirm the downtrend when the prices bounce on Pivot Point down up. Controlling that the market doesn't reject the levels. Indicator MA 200, 20-8...
Hello traders. SPX500 is still in a downtrend but it might have an upward for tomorrow. RSI 8 MA 8 is showing an oversold signal, in 15m,30m,45m, and 1-hour frames, this is why it might have an uptrend for tomorrow, following the Resistance, Supports and Pivot levels results. Important take a note about this. Check the trend, confirm the uptrend when the prices...
BINANCE:BTCUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! $BTC has reached the $42400's resistance zone and it becomes with great opportunity to take Short on $BTC. $42000's is the weekly level that we pointed to recently... So This's the...
Good morning, the technical indicators, MA200-20-8, Bollinger 20, RSI 8. Shows the uptrend, considering the target for today at R2. Be careful still the signal for dropping prices because now it is overbought, but the uptrend is strong. Pivot levels. Pls Remember check the trend with the pivot level, if the prices break the pivot. the trend might change. R3 ...
I cannot stress enough how much Ford is undervalued right now. They report earnings on April 27 and forward guidance that for the first time will include their new Ford lightning truck EV
Technical Analysis Frame 30 minutes is showing some good reasons to go in long trade for tomorrow. RSI 8, Ma 8, are in 60%, the prices are over the BB 20 basis, $999.46. But there is another signal, showing the prices will drop at the end of the day. So, it is important to take the profits and set the positions to go in short trade as soon the signals change...
Good morning, Frame 30 min. The technicals indicator, RSI 8=54%, MA 200-20 and 8, show we might have an uptrend, target R1, R2. but also, we might have a downtrend at the end of the day (S1) Intraday Strategy R3 4,492.20 R2 4,442.00 R1 4,423.00 PP 4,391.80 S1 4,372.80 S2 4,341.60 S3 4,291.40
Good morning traders: Technicals indicator says that today we might have a nice uptrend, target R1, R2, $14,066, and $14,170. Also, the indicators show the price will drop at the end of the day. (S1) Intraday Strategy. RSI 8, 52% R3 14,442.90 R2 14,170.20 R1 14,066.60 PP 13,897.50 S1 13,793.90 S2 13,624.80 S3 13,352.10
Hey there, if you are waiting for buying, this could be an interesting strategy, considering the pivot point (PP), support (S1,S2), and resistances (R1,R2) For the next 2 days, we could have an upward. Let's take a look at these band's results, intraday analysis Target $1023 until $1054, controlling the stop loss at $993 or $962....
If this happens ADA will see much higher prices, just think about it... 10% if the market value is with Cardano... it's mind-blowing, All ADA has to do is break this downtrend and respect the uptrend