For NZDJPY, I entered a long position near 85.600. 85.600 is previous Resistance Level 1. Take Profit is previous Resistance Level 3 at price 86.075. Chart: Image:
Wait for a price action signal like a Pin Bar, Rejection Candlestick, or Engulfing Bar for a long entry.
CADCHF strongly bounced off the weekly resistance zone dropping and closing the week below the pivot. A break below 0.7470 will open the way to 0.7408 support initially. If the price consolidates above 0.75250, we can expect continuation of the bullish retracement to 0.7584 and 0.7646 resistance levels.
Market Opening : Gapdown (Expected*) Overall Structure : Neutral FGI Sentiments : Neutral - 44.78↑ Indian & 29↑ Global Index components : Neutral correlation Insider Data : Neutral, PCR: 0.91↓, IVP: 74↓, IV: 21.4↓ High, VIX: 21.45(27/34)↑ ↑Up : 15800, 15900, 16000, 16050, 16150. ↓Down : 15760, 15700, 15630, 15570, 15500. Activity : Short Buildup/Short Covering...
Market Opening : Flat (Expected*) Overall Structure : Neutral FGI Sentiments : Neutral - 44.83↑ Indian & 30↑ Global Index components : Neutral correlation Insider Data : Bearish, PCR: 0.73↓, IVP: 86↑, IV: 28.1↑ High, VIX: 21.00(27.62/33.81)↑ ↑Up : 15800, 15900, 16000, 16050, 16150. ↓Down : 15760, 15700, 15630, 15570, 15500. Activity : Short Buildup/Short...
After a healthy retrace of 30% of a 5.162 Fibo beautiful leg down BTCUSDT shows a condition to reach 13k soon. Rout to meet Dec '17 ATH. This pullback seems accomplished and now we can see a good pivot point to adding on shorts in the crypto market expecting an 2nd leg down after that prior swing. Plus Fibonacci Retracement new target and Fisher Transform...
Hello traders and investors! Let’s see how AAPL is doing today! It did exactly what we expected it would, since our last analysis. Now we must update our thoughts. First, in the 1h chart, it did what it was supposed to do, and it dropped to the $ 144 area to fill the gap (blue square). Since this gap was around the 38.2% Fibonacci’s Retracement, the price found...
Hello traders and investors! Let’s see how RIVN is doing today! For the first time, RIVN is doing a clear bullish structure, and this could indicate a reversal ahead. In the daily chart, we see that for the first time ever, RIVN has a clear bullish structure, as it just did a higher high/low, and triggered a pivot point. In addition, it is trying to leave the 21...
POST FOMC MINUTES: 0DTE Credit Spreads, Long Trades, and LONG POSITIONS We must start with the TRENDLINE BREAKOUT that has been on our charts for weeks, and with the FOMC news behind us, the question for Thursday Premarket is do we reverse and drop during the Opening Range (OR) as we have seen so many times post FOMC. THURS: We got our answer pretty quick...
Hello traders and investors! Let’s see how the SPX is doing today! Again, the 3,979 worked as a resistance, and this is not a surprise at all. We've been talking about the 3,979 since last week, and we know that as long as the index stays under this price, it can’t do a decent reversal. The link to my previous analysis is below this post, as usual. At least,...
G'Day Traders and Analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged neutral, until the opportunity for a close reaches the profit taking zone. This will be activated as long, where an imbalance is formed...
I obversed there was nothing to stop from reaching original source of supply. not even 0.618 Fibonacci retractment will work. There is possible short opportunity
Weekly Resistance Monthly Resistance 4H Supply, There is a possibility for thi pair to start selling from here. Because we also had a break of structure previously. 0.70467 zone will sell. But lets see
I am waiting for a pullback to buy this pair cause this pair has been taking all the supply in the market, 4H chart did not creeate a LL, so the current supplyzone will not hold
Market Opening: Flat Positive/Partial Gap down; Overall Structure: Uptrend; Sentiments: Neutral (47%); Market Mood(FGI): 87% Extreme Greed, likely to be turned down; PCR: 1.27 Bullish , IVP:46%; Target: 18150, 18250, 18450, 18600; Stoploss: 17900, 17800, 17600, 17450; Entry Decision: Buy Above 18150 or Sell Below 17900 (Suggesting to go trend side). Market maybe...
It has been noted that Q4 has been the best time for Bitcoin gains. With the holiday seasons rolling in, we’re looking for another period of growth in the markets. 1. BTC is currently at a relevant level of support 2. It is also approaching a potential pivot point (around 58K) within the trend channel. 3. If BTC respects the support level, it should continue...
Scenario 1: The pivot trend continue with a break out of consolidation and out of its current wedge. Scenario 2: The wedge breaks down and finds support on the prior trend Scenario 3: Consolidation continues and the wedge is broken to meet support and continue on a bull run Scenario 4: Wedge breaks down, support is broken, and a reversal in trend is confirmed.
Even from a fundamental standpoint, Solana is set to takeover ETH because of the lower gas fees and more efficient network for NFTs. I'm very bullish on SOL. God speed to the holders. Happy Trading, Stefan