Recently we have seen the price of gold push high to 2200 regions - breaking new highs and extending gains. We see divergence on the 4hr chart and possible MACD crossings on the daily which may indicate a possibly roll reversal into this week and the start of April. We remain bulls on this pair and look for pull backs taking price back to the highs with fib...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand >> USE PAGE DN to go...
Chart legend: Yellow lines: These line represent the lower and upper boundary of the range that has been tracked for the last 30+ days. Orange lines: Buy and sell side volume in the order book. These areas are where the buying and selling volume are the highest. Note that multiple zone could exist, these are just the strongest ones. Purple lines: This is the...
Technical Analysis and Outlook: As presented in the Daily Chart Analysis for the Week of March 15, the Eurodollar is moving to Mean Sup 1.080. The current projection shows Squeeze Currency Dip 1.078 as the primary target. This could lead to further selling pressure, resulting in a decline to the Mean Support level of 1.070 and the ultimate outcome of an Inner...
The black arrow/path is my near-term forecast, I expect price to trade along this trajectory. As the title indicates, the market is near-term bullish but don't enter long or add until Feb 27th for the following reasons: 1) chart perspective : The structure is setting up for a sustained break of 5039 to make a final leg higher to complete a smaller degree wave 5...
see and watch :) It is from the AGIX ecosystem, and according to the fundamental and technical reasons, I think it can achieve the set goals in the medium and long term...
Hi guys For Bitcoin, if the short-term uptrend line remains intact, the possibility of a continuation of the uptrend is strengthened. Due to the issued negative divergence and price compression in the upward trend, the weight of a downward-corrective trend is currently high. What do you think?
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46550 level then possible upside rally of 400-500 points upto 46950 level in todays session.Any Major downside only expected in case banknifty starts trading below 46450 level to 46050 level & this rally can extend another 400 point if market gives breakdown 45950 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 22080 level and then possible upside rally up to 22200 level in today's session. in case nifty trades below 22030 level then the downside target can go up to the 21910 level.
Hi guys Bitcoin halving is 32 days away. If we look at the previous patterns, about 500 days after the halving we had an uptrend. Compared to the past 500 days after this 32 days before halving, which price zone do you think will be seen!? Remember that all price corrections are the right time to buy. As soon as the rally starts, we probably won't stop.
Nifty will be gap down opening in today's session. After opening nifty start trading below 21980 level and then possible downside rally up to 21860 in today's session. in case nifty trades above 22010 level then the upside target can go up to the 22130 level.
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level & this rally can entend another 400 points if market gives breakdown 45950 level in todays session.Any Major upside only expected in case banknifty starts trading above 46550 level.
Greetings everyone! I would like to share with you the analysis of DOT (Polkadot). We have successfully exited the descending structure, which indicates a transition to the ascending structure. However, this does not prevent us from looking for short-term corrective trades with good reasons. We are currently seeing the filling of the monthly imbalance in the...
The Gold price (XAU/USD) surges to a new record high above $2,180 as yields on 10-year US bonds dip to 4.04% following the release of the US NFP data. According to the US Bureau of Labor Statistics, the Unemployment Rate climbed to 3.9%, exceeding expectations and up from the previous 3.7%. While Nonfarm Payrolls for February surpassed projections at 275K...
The Pound Sterling (GBP) gains strength as market sentiment improves, driven by a growing appetite for risk-sensitive assets. This sentiment is reinforced by soft wage growth and a sharp rise in the Unemployment Rate reported by the United States Bureau of Labor Statistics (BLS) for February. The outlook for the GBP/USD pair remains positive, with widespread...
In the video I discuss a few live trades and the reasoning behind the entries. I also talk about the lead up price action that is important to note when managing the trades. I then discuss the same basic concepts applied to price action on the DOW and where the prime entries were and reasons for them. The basic concepts discussed are : - Momentum - Price...
Recent short term rebound shows peak sign yesterday with morning price surge erased in the afternoon. Which indicates selling pressure are coming back after rebound. We entered into a Callable Bear Contract yesterday at the peak with the analysis of current downtrend reacts more sensitive to sign of selling pressures. Which we see a possible short term price...
GBPJPY is approaching an area of value in a corrective manner (Ascending channel). If the third touch holds I'll be looking for an impulsive move downward followed by a 15min flag continuation pattern, with a verified entry signal at the Top of the flag (Risk entry type) or a Breakout and retest of the flag a (reduced Risk Entry type).