We are at a Daily FVG and from DXY bullish analysis we can expect this pair to do the opposite. Price can still rally but it will be a judas swing, meaning a fakeout. Targets will be at the imbalance area in the discount zone.
We have finished the week in an overall consolidation, weekly profile. Due to the break of structure and price being in a discount from the Monthly range. We can expect for the Dollar to go into a deep premium from the Daily range. For next week we can expect an open and drop scenario at the beginning of the week, to probable create the LOW during MTW trading sessions.
The recent announcement of a stimulus package by the Chinese government to boost the property sector is expected to have a positive impact on the Australian stock market, particularly the Aus200 index. The stimulus package includes measures such as lower down payments for home purchases and tax breaks for developers. These measures are expected to increase demand...
Not a recommendation, just thought the cyclical nature of these time periods align. We'll see :)
In my opinion this is the bottom for ETH vs BTC, Why? - Too many people has become bearish on ETH - Too many people forgot about ETH - Cannot deny their pyramid / masonic logo - ETH Devs know how to pump their bags and they leaving that easy - Many more but I got stuff to do and thats too much info for yall anyway Cheers
The Giant Banks and Credit Card companies benefit the most from the Federal Reserve Board's overnight interest rate hikes. As the FRB increases its lending rate, it allows big banks and credit companies to increase their interest rates to consumers, small businesses, etc. That usually means higher revenues. NYSE:V is in a sideways trend that is not as...
Soybean futures are off to a rough start in 2024. In the first week of trading, March soybeans were down nearly 42 cents on the back of beneficial rains sweeping Central Brazil. Selling pressure permeated into Monday’s session as well, with soybeans trading down into the mid 1230’s. So, the question now becomes, will March soybeans make new contract lows? ...
This is a recession indicator based on economic variables in the USA. Keep an eye on the red line, of which the upper side shows an economic crisis. As you can notice, the indicator line was up the side of the red line of beginning 2008 and 2001. You can solve the problem.
GME came alive in December and is currently retracing back to the 50 EMA. Things to consider, volume has been drying up since the initial move in late November, $15.41 is a strong level of support, but below that there's the gap all the way down to $13.55. January is usually a great month for this stock, but I'd love to see it defend the 50 EMA and the $15.41...
Vedant fashion Ltd aks Manyawar is at great place to buy with minimum SL which below 1180 candle closer 4 hr and Target is 1480 and 1650
Firstly, based on todays data we are seeing an uptick in the jobless claims, which basically means the FED has done enough to cool off the economy. So no further rate hikes are expected. Thus initializing the much expected year end rally. Secondly, by looking at the technicals using Elliot Wave it hints that the correction for the wave 4 is over and expect this...
I would like to share my thoughts with you. The Idea is that after Head Shoulder Formation is now the Retest of SHS and confirmation of break out. That idea is supported by the seasonality of Platinum. I think its possible to reach minimum Target1 if Platinum is not overbought then its also possible to reach target 2 untill 21 th February. After 21th February I...
Loving BLNK here. Sitting nicely on 3 moving averages on the 65min chart. Chopping away on a launch pad. Inside day candle and 30% short interest. Could be explosive if it decides to go. Love small cap squeezes at year end too as hedge funds try to pad the stats a bit. In at $3.36. No target as of now.
At the moment, price is still retesting the current midvwap, but as soon as price break below 215$, sells towards 150$ come in play. On the other hand, price can still retest the current high at around 260$, but only if price manages to break above 290$ we shall start looking for buys continuation. Until then sells are more valid than buys, simply because...
These horizontal lines will act as support and resistance ●Pyth has a bright future..it's a Gem. ●Best level to accumulate Pyth is at 50% line and at 25% line...Accumulate some Pyth at current market price. ●Soon Pyth will run high. ●Soon you'll buy Pyth at high price if you ignore it now
Once price respects the current high that has been formed at around 46k, once price breaks below last mitigation of this current demand, we can definitely look for sells towards 40k, 35k and even 30k, depending on future data. On the other hand, a break above this current high is still posiible, but only a strong breakout above 48k will confirm buys continuation....
This is an active trade, entry should be from that bearish breaker block , we wait for price at higher time frame point of interest below 👇🏽
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD...