Looking for FUSIONMARKETS:XAUUSD to continue to the upside after doing top-down analysis. No major market structure has been broken. We may get a re-test before heading back up. Afterall, we are in a bullish market.
After doing top-down analysis I can see that we've hit the monthly resistance level and was unable to break through it. Although major influencers and government official have spoken about FUSIONMARKETS:BTCUSD going to ATH's as of right now it's not happening. We are in a premium array so i'm looking to short sell for a bit.
NASDAQ:TSLA is currently trading at a key inflection level, forming a trend for the next years.
Within a couple of hours, an entire stock can reverse and fundamentally change its trend. Tesla is still retesting a multi-year resistance trendline and is down about -8% today. If this selloff continues and Tesla rejects the resistance trendline with a massive...
4-Hour Time Frame Analysis:
Higher Highs (HH) and Higher Lows (HL): The chart displays a clear upward trend with higher highs and higher lows. This indicates a bullish market structure.
Ascending Channel: The price is moving within an ascending channel, showing a steady increase in value.
Key Levels:
1-Hour LQZ / Reversal: 2429.940
4-Hour LQZ / Reversal Point:...
One of my big technical analysis passions is time analysis and time cycles, and I tend to follow them closely. Some of these are very helpful when in combination with other TA, to find reversal points at any given time frame, even though I don't do intraday trading, so I focus on big swings, though bigger time frames.
Bitcoin's periodicity is remarkable, and we...
🚨 Shorting USDCNH: Seizing the Opportunity Amidst Long Position Surge 🚨
In this video, I explain why I'm shorting USDCNH due to a significant return of large long positions that we haven't seen in a long time. The 60-day bullish run seems to be over, and we're anticipating a potential drop.
Key points covered:
Analysis of the surge in long positions and its...
Points of Ethics :-
1) Strong selling at level 441 if price Falls below this level lower level AT 408.30 can be seen and also we have strong buying area at the same level AT price 408.30 so we can see another reversal for the price to move near resistance around 496 to 517
2) If the price does not cross 438.40 then we can see further reversal and we can go...
Hey guys! It's been over 100 days that IoTeX has been in a downtrend. This could be yet the bottom to be confirmed. We need a good breakout of the trendline to the upside with nice strong volume otherwise this could go back into ranging more for a long time or even continue falling despite the bullish bounce off this key monthly level.
TRADING PLAN AS FOLLOWS:...
Being a precision hunter is a must, trouble first enjoy then...
Before…
After…
DISCLAIMER:
THIS IS NOT A BUY/SELL CALL, ONLY STUDY IDEAS AND ANALYSIS FOR EDUCATION, TAKE IT AT YOUR OWN RISK.
Nasdaq Futures are range-bound. We have a Non-Farm payroll report coming in tomorrow. My bias is on the upside for tomorrow. Lets see what happens. Either ways we have to be ready for both sides which ever way the markets digest the data. Do not trade for the first hour for tomorrow since it will be volatile.
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term...
Today's focus: AUDCAD
Pattern – Reversal
Support – .8665 - .8625
Resistance – .8765 - .8790
• AUDCAD has posted four positive sessions in a row.
• Could this be the start of a new longer rally or just a counter-trend?
Hi, and thanks for checking out today’s analysis. Today, our focus is on the AUDCAD as price continues to rally after posting a failed low at...
Notice how we have tapped 4600 which an extreme overbought level. SPX must retest a lower level of 4380-4330 and if it does not hold it should freefall to 4200 in prep for Q4.
SPX has been in a bullish outbreak since march 2023 with only a slight dip in june 2023.
a correction is due.
I am using AMEX:SPXS as the inverse of this play.
I do have a...
