Price seems to be stabilizing around the 600 level. Which seems to be the newest support to be tested. Initially, we saw a strong upward trend, with higher highs and higher lows. This uptrend was followed by a period of consolidation, where the price moved sideways. Recently, the chart shows a sharp correction from the recent high, breaking down past support...
Technical Analysis for EURUSD. Price action & important key levels. Potential scenarios. Trading plan explained. ❤️Please, support my work with like, thank you!❤️
Logarithm. Time frame 3 days. The price is in the support zone of the mirror level, in the so-called “neck” zone of the head and shoulders. The reversal zones, as well as % to key support/resistance levels for orientation, showed on the chart. Since the last update (half a year ago) this coin has shown maximum values of +250%, exactly to the specified maximum zone...
Logarithm. Secondary trend. Time frame 3 days. Long-term horizontal channel (accumulation) with the step of 108%, currently 11 months long. The key “level” of the channel formation is 1.128 (last update, before the accumulation formation). There were no stop loss withdrawals under this channel at the moment. The price is currently at the lower zone of this...
Price tapped into the daily fvg presumably creating the high of the day/week. Waiting for a sweep of liquidity on the upside or smt divergence on eu or dxy for a short entry. Target 1 to be the London low, Tp 2 on yesterday's daily low.
Nifty and Bank Nifty important levels and trade plan for Wednesday, 12th June
Overview: - Current Price: 5,348.8, down by 0.10% (-5.3 points). - Price Action: The index has been in a general uptrend, with some recent consolidation near the highs. Key Observations: 1. Trend: - The overall trend is bullish with higher highs and higher lows. - There has been significant upward movement in late May, followed by some consolidation and...
Overview: - Current Price: 19019, slightly down by 0.11% (-20.2 points). - Price Action: The index has been in an uptrend since early May, with a recent consolidation phase. Key Observations: 1. Trend: - The overall trend is bullish, with higher highs and higher lows forming since early May. - There was a significant upward movement around mid-May,...
Based on the OANDA:US30USD chart, the price at 38790.0 is above the pivot point of 38753, indicating a bullish sentiment. If the price stays above this pivot, it could move towards Bullish levels at 38906 and 39022. Conversely, if it drops below the pivot point, it could target Bearish levels at 38637 and 38484. The current bias is bullish, but close monitoring...
Over the past few weeks, Solana (SOL) has gained significant attention as its price continues to consolidate around crucial support lines. This consolidation follows Bitcoin’s latest struggle to validate a clear trend above the psychological mark of $70K. Amid the overall stable market sentiment, Solana has seen a mood swing in key on-chain metrics, creating...
Bias Bearish. Yesterday price took out the Asian session in the NY. Today if price doesn't move High in attempt to fill the imbalance left behind Last week after the NFP, I am anticipating a move below yesterday's daily low. Entry on the 15mins fvg. NB: tomorrow there's FOMC so if price doesn't make the high of the week today (if it hasn't already) will be...
As you know after Dec: of Gold price on Friday.Gild market Opened and didn't Moved any long or short Look at the chart now we Identified that Gold Price will go up For retest Set your Targets 2325- And wait for Confirmed sell entry.
As you know after Dec: of Gold price on Friday.Gild market Opened and didn't Moved any long or short Look at the chart now we Identified that Gold Price will go up For retest Set your Targets 2325- And wait for Confirmed sell entry.
Secondary trend, horizontal channel zone. Declines from the pumping maximum -93.96% Local work with wedge breakout and channel range. In case of a negative scenario in the market - work from the capitulation zone. Allocate the position in advance. Percentages from this zone did not show, but take it into account in your risk management. Line chart. Main...
XAUUSD does not look very bullish at the moment. Key resistance at the moment is 2387.71; any move above that price would confirm the zigzag and give the bulls a sigh of relief. Most bullish scenario is in green, with zigzag already completed. Count in yellow has a larger C wave down below 2200. Most bearish scenario in red, where XAUUSD completes a full 5-wave...
Why currently is bitcoin volume decreasing? Mostly happens at the top of a cycle. Last time this happened mid cycle there soon after bitcoin had a 38% shakeout. I imagine that for BTC to achieve the price highs in which people hope for its only inevitable now that it breaks its long term divergence with the top indicator. Be interesting to see how this plays out.
Approaching a Pivotal Moment: Bitcoin, often dubbed "The Dow of cryptocurrencies," is on the brink of a significant development. Symmetrical Triangle Formation: Recent price action has seen consolidation near the all-time highs within a symmetrical triangle formation. Bullish Trend Continuation: Consolidations near highs in bull trends tend to resolve upward....