Based on the previous idea this is what i was referring to. check the related ideas section.
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) continues to trade within a range as it enters the European session on Monday, currently sitting just above last week's monthly low. The prevailing belief that the Federal Reserve (Fed) will maintain higher interest rates for a longer period of time in light of the resilient...
Greetings Padawans, I hope you're all doing well. Would you consider shorting Bitcoin above the indicated red lines? Remember, I'm not a financial advisor. Cheers, May the force be with you
Tracking a pretty substantial Rising wedge on SPY 1 Hr. Could see a 10 point pullback if this does decide to breakdown. Looking closer at the 15 min, looks like we have just broke the bottom trend line of this wedge. Stay tuned.
Hi Traders! GBPUSD has a bearish outlook on the 4H chart, and we could have a breakout soon as further pressure is quickly mounting on the pound. Here are the details: Looking at the price action, it looks bearish due to the market swings; the market has tested the support trendline multiple times and has had a recent price rejection at 1.26548. Additionally,...
New York Session: - I believe the price will continue to the downside. - I want to see the price trade to a premium in the London session before going lower and taking out a short-term high. - I will be targeting the equilibrium of the PWR. - Wait for the price to reach 50% of the London session range.
After a week of a downtrend, gold now is on the verge of breaking another support near the 2020 price area, there is a lot of opportunity for the short traders to make a massive profit from the bearish trend. However, these are one of the following criteria that short traders need to wait for before making a decision : 1. Gold needs to break below the 2020 price...
on the higher time frame EURAUD had been in a overall correction stage and im looking to get into sell after i see a good opportunity. On the lower time frames EURAUD market behavior is moving to the upside in a very slow and consilidating manner like a bearish flag so this is making me feel seller will take control later on during the week for sells.
BTC is looking bearish as it may face a strong resistance area from 52k to 52.8K
This chart looks even more bearish than it did a few days ago. Not only does it have a double top pattern and a bearish divergence, but it now has a candle wick that has dropped below the bottom trend line. Certainly not all, but many times, this can be the 'nail in the coffin' that tips off traders that price is about to break out of the wedge pattern to the...
Dear All, Hope you have a good day! According to chart, you can see that I understand bitcoin is going to complete last upward moving for grabbing enough liquidity for its next falling down wedge if price could not break the 52K - 55K. Anyway, I just want to warn you that maybe it is not so that fancy and good time now to have long positions for long term or...
CHFJPY -@monthly highs _new weekly high(once we get closure above 170,534) _As seen in previous Bearish Legs (HH) when a new HH is formed a consolidation period begins before any bearish movement to the downside #BYKCAPITAL #LETSEAT
I have no clue what this coin is and I don't care.. Here's a quick scalp opportunity if you're bored.. Enter at current level ~$0.50 Exit ~$0.345
PIVN on the 15-minute chart was trading up against the dominant supertrend from last Thursday. Mid-morning price hit the resistance of the intermediate term mean anchored VWAP and reversed as suggested yesterday by the bearish divergence on the zero-lag MACD. Tomorrow is federal news which could increase general market volatility. I see a short trade...
------------------------------------------------------------------------------------------ Description ------------------------------------------------------------------------------------------ + A clear rising wedge pattern formed in SNX + Current price is at the resistance level trying to breakout the resistance, which is less likely to happen + Our entry plan...
In my previous idea of January 29, I bought LCID as it broke out of a falling wedge on news from Saudi Arabia fixing supply chain and production issues for body parts. LCID ascended the following day to fall down on rejection from the mean VWAP band line anchored in mid- December. On the 4H chart, another smaller and more condensed falling wedge is found...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is consolidating within a narrow range around the $2035 region per troy ounce during the early trading hours in Asia on Friday. At the same time, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major currencies, is recovering and...