hi everyone! consolidation has appeared on the downtrend. could we be perhaps looking for a retracement to fill the gaps? i have done a scenario looking on the possibility. what do you think?
Crude's volatility levels are high. It reversed recently to the upside and continues breaking important resistance levels on its way up. Since the recent rapid movement to the upside seems to have halted, it is quite probable that a retracement will follow as per the arrow on the chart and Fibo tool. __________________________ Information Regarding Important...
hi everyone, as we have reached a huge area of support from the broken 1h trend i can see this as perhaps of a big reversal from such a big movement in a SHORT period of time. retracement look like a possibility from here.
Gold jumped following the NFP news and the news for the Israel-Gaza conflict that erupted into war after attack by Hamas. Commodities prices moved to the upside rapidly. Retracements are possible intraday as shown on the chart. A significant breakout of a support at near 1846 could cause the price of Gold to drop for the...
Chart says it all. Bear trap. If this is impulsive move lower all the past week's down is just the first leg lower. A retracement to the 0.50 is most common. Shorts beware.
December Live Cattle has been in a virtual free-fall since making contract highs back on September 19th. We’ve sold off nearly $7 since scoring the new high. To say it’s been a remarkable year for live cattle futures would be an understatement - we’ve made all time highs, and bucked bearish seasonal tendencies along the way. The strength observed across the...
Now am waiting for the retest on the structure that was form which become resistance and still HL on that point is where am going to take my sell entry which is my clear conform after retest it my entry point 33234.79 TP 32700.00 and stoploss 33308.86
Am going to wait for the consolidation breakout my conform is when the breakout on resistance am going to take the trade and if it breakout on support going to take sell. After breaking either the resistance or the support and retest it am going for the buy or sell entry with the clear conform, if it breakout resistance and retest my entry 1827.82 TP 1849.00 and...
The index has been surging yesterday after the market opening. A reversal actually formed as the price reversed crossing the MA on its way up and now a retracement is likely to happen with target level as per the Fibo tool. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...
Its part of market correction, BNB is also included, one last down that i thinks should go below $2000, and we can see some move up, save your change guys! get your hand dirty and buy the dip!
Reasons for short: - Head and Shoulders formation - Bearish Divergence on RSI - Bearish reversal signal on FRSI - Price crossed below the whipsaw-resistant trend cloud signalling the beginning of a potential downtrend Levels: Entry - $0.4687 Take Profit - $0.3267 Stop Loss - $0.4999
Multiple indicators have signaled bear as well as overbought conditions for Bitcoin on the 15m chart. This makes sense because Bitcoin has just experienced a pump within a short period of time. Usually, this means a retracement will follow as market participants will be compelled to take profits which means selling in the shorter term, a potential dip may be an...
In a HTF support bounce and much needed liquidity push for the buyers, we are looking to see a pretty sustained and strong push to the upside to mitigate upper supply levels and resistance levels on the fib. Potential 3 R:R trade if we mitigate this LTF demand zone and make another BOS
We are at an interesting zone when it comes to AAPL. It's holding strong above the most relevant pivot low as you'll see in the chart. There is a chance that it can go up fro here so if you would like to long, I would place a stoploss elow the recent wick low. I would also manage my position size so the its a 1% risk on the trade it your stop was to hit. In the...
The U.S. benchmark indices have come to a downward halt finding strong support. There is a possibility that we will see a retracement as per the arrow today. Currently there are some resistance levels that are stopping the index from moving to the upside. They will potentially brake after the NYSE opening. __________________________ Information Regarding...
IMXUSDT is trading in fine bullish trend and maintaining well the bullish trendline. Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from the chart. Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack. if bulls take the charge this time...
Currently Crude Oil has experienced a surprising upward movement, a reversal actually that could potentially give rise to a retracement opportunity. The 93.75 resistance could serve as the end of the shock upwards and soon a retracement could follow, near to the level 92 USD/b. __________________________ Information Regarding Important News and Figures can be...
Bitcoin's journey is often marked by key technical levels, and its monthly chart has a fascinating story to tell. The 0.5 Fibonacci retracement level from the All-Time High (ATH) has historically acted as a formidable resistance. Today, we find ourselves at a crucial juncture, echoing the past. To embark on a new bullish cycle, we need to conquer the 50K...