📈Exciting news, traders! We're seeing some momentum building as Bitcoin edges closer to the top of our anticipated range high, just as we discussed in yesterday's livestream. While some of you may have already hopped into a short position, I'm patiently awaiting my confirmation signal. What am I waiting for? The magic of the 5-minute chart! I'm keeping a close...
GDAX DAX 40 (German 40) Technical Analysis & Trade Idea The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal. Here's the breakdown: - Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX...
**Weekly Market Recap 🌐** Hello Investors! 🌟 This week's market activities were dominated by earnings reports and pivotal US inflation data, with markets closely monitoring the Federal Reserve's response. 📈 **Market Overview:** - Despite unsettling inflation data and mixed earnings reports, US indices hovered near record highs, buoyed by expectations of...
Technical Outlook: - The DXY (US Dollar Index) maintains a bullish trajectory within its broader uptrend. - Recent price action indicates a retracement to a significant daily (1D) support zone. - This technical setup presents potential buy opportunities in line with the prevailing bullish bias. Trade Suggestion: - Entry: Consider long positions upon...
Watch Giancarlo Prisco continue to offer his expertise in equity indices insight. Set aside 15 minutes to widen your perspective as our host analyses the momentum shifts and feasible breakouts based on the past week's performance.
🐉🎆 Bitcoin's Monumental Path in the Year of the Wood Dragon 🚀💹 🎊 Celebrating New Beginnings Hi everyone! As we delve into Bitcoin's current trajectory, let's not forget to extend a warm Happy New Year to our friends in Asia celebrating the year of the wood dragon. This occasion isn't just about cultural festivities; it's a beacon for significant shifts in the...
Watch Giancarlo Prisco's equity indices expertise provide vital financial market insight. Set aside 15 minutes to widen your perspective as our host analyses the momentum shifts and feasible breakouts based on the past week's performance.
In this video, I outline the recent shifts in my perspective over the past few days and the reasons behind them. To make reasoned decisions within the context of AriasWave, I needed to identify a point of failure, which I accomplished within the last 24 hours. When it comes to trading, errors can result in being stopped out, but I've had several successful...
Hello Traders! Here are my recent thoughts on AJ. Looks like other yen crosses are shifting back bullish after raiding sell side.
Over the past week, the price of Gold has been fluctuating between $2,000 and $2,035. This is because buyers seem to be taking a break, indicating a neutral to bullish outlook on the daily chart. Furthermore, the USD's recovery, driven by market adjustments related to the Federal Reserve and the resilience of the US economy, is putting pressure on the price of...
As we approach a pivotal earnings release day on January 30th, all eyes are on three tech titans: Microsoft ( NASDAQ:MSFT ), AMD ( NASDAQ:AMD ), and Google's parent company, Alphabet Inc. ( NASDAQ:GOOGL ). This analysis delves into the current market sentiments, historical performance, and key factors that could influence the upcoming earnings reports for these...
Here are two stocks I am currently watching. Lots of big shifts happening across the board in all markets. It is important to stay adaptable, flow like water as Bruce Lee says.
📊🚀 Bitcoin's Pivotal Moment: Navigating the Crucial Support Level - A Technical Analysis Deep Dive 💹🧭 Hello everyone! In today's TradingView idea, we're delving into Bitcoin's current trajectory, especially as altcoins experience sharper declines. We'll focus on Bitcoin, as it's showing some unique behavior amidst market uncertainties. Bitcoin at a Crossroads:...
Alright, fledglings, listen up! Dissecting that 12:51 candle ain't brain surgery, but it ain't finger painting either. So grab your chart magnifying glass and let's dive in. Why'd price snuggle up at that level? Think confluence, my friends. Orders piled up there like squirrels at a buffet, both buys and sells. Some dip-buyers hungry for bargains, others spooked...
Price came and stopped me out in profit. Impeccable risk management and trade management. I can feel trader euphoria coming in even though my tp did not hit. If price goes to my actual tp, i am not a terrible trader, i have just misinterpreted price and shifted stops earlier than needed to capture the move that i desired.
I'm closely monitoring the oil market, adopting a cautious stance as I await a compelling catalyst to drive oil prices upward. A potential factor on my radar is the increasing involvement of the UK and the US in the tensions between Israel and Palestine. If this geopolitical situation intensifies and draws in Iran to support Palestine, it could contribute to a...
Happy New Year Traders! Gold surged, reaching a daily peak above $2,060, propelled by a nearly 1% decline in the benchmark 10-year US Treasury bond yield on Friday. This movement was triggered by a mixed bag of macroeconomic data releases from the US, intensifying the rally for XAU/USD. The safe-haven asset exhibited notable volatility following the release of...
The Pound Sterling (GBP) has surged against the US Dollar even in the face of all components of the United States Nonfarm Payrolls data for December surpassing expectations, indicating improved market risk appetite. However, the GBP's strong position may not last as investors anticipate tough decisions for Bank of England (BoE) policymakers, who are facing...