NZD/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line , then I'll be waiting for a convincing push...
XRP is making bearish shark For better entry wait for daily closing if daily closing is below then 0.5215 then we take entry and if it closed above 0.5215 then we have to wait for 2nd PRZ is at 0.55
Gold is on ideal zone for short positions, Double top, Breakout of structure, Break of Trend, DXY ride, Bearish trend, Daily support level breeched so many other reasons for selling Gold. Money management is key to success. I will focus on selling as long as price is trading below 1970. Best wishes. Weekly closing so big surprises are coming soon
GPBJPY has hit a previous resistance zone and will be a great opportunity for a short!! Initial target 160 Secondary 152 Third is the 122 level
Spotify price just reached 160 usd per share, hitting 4 resistance trend lines, two major, two minor. Expecting some kind of pullback now.
Price tried to test the broken uptrend twice but it's been rejected even before getting there the second time. I don't think is going to try a third time.
What can we see at the moment: 1. We have downside movement (after the breakage of higher low on HTF on Ethereum at $1825), so we have to look for the suitable short position entry. 2. Our suitable short position should be in premium zone (more than 50% FIBO from the top to the bottom of the movement). 3. We should look for the HTF Order Blocks in premium...
Following the US's decision to halt interest rate hikes, the European Central Bank (ECB) raised interest rates by 0.25 percentage points in order to boost interest rates in the euro area to 3.5%. As a result, the US dollar significantly depreciated against several currencies, causing a sharp decline in US bond yields. Consequently, the appeal of USD and bonds...
Hi there! It looks like you're keeping an eye on the AUD/USD currency pair. You've noticed a strong resistance level on the 4-hour timeframe, and the RSI is showing a Fibonacci retracement level of 61%. It's great that you're stressing the importance of managing your risks effectively. Remember to be cautious and use proper risk management techniques when making...
The industrial metals market often goes unnoticed by many traders, although some excellent trading opportunities are often to be found here. And with that, we say, "Get to the copper!" For things should get moving here quite soon. The completion of wave (ii) in magenta should be imminent here, the copper price should therefore initiate a bearish trend reversal...
Are you a swing or long-term trader, who is planning to buy gold now? If yes, I would love to say "Don't!" Why? It's because the market condition, technically, in the higher timeframe like monthly has already shown us where the market could head in a couple of months now. Go and run a check on the monthly timeframe as seen in the above monthly technical analysis....
Looking for a raid on sell side liquidity after retracement to fill FVG and OB. There's also a bearish breaker present at the entry level
AMEX:SPY continues its strong stock rally following the #FOMC announcement, squeezing shorts and maintaining a daily relative strength (RS) of 77 as bond yields fall. Momentum remains robust, but technicals are starting to suggest a pullback is overdue. Pre-market conditions appear relatively flat, so we'll have to wait and see. I expect a meaningful decline...
Our 12 am Candle indicated we are BEARISH. So we wait for the algorithm to raid Liquidity above the MZ. The DXY is HEAVY Bullish now. Which confirms our sell on EURUSD. EURUSD will sell typically to the 3rd or 4th Standard Deviation on a Bearish day:) Never Over Leverage. Trust your trade set up. Have a Great Weekend!
Started building a swing position with puts and margin. Will be actively managing it. Looking for approx 20% drop from here. Markets euphoric, greed, AI mania. FED clearly signaling more hikes. Markets digesting news on a big resistance level. Trend reversal imminent. Will look to scale out on a few daily consecutive closes above red box. Enjoy.
Hello Birdies, So in this video I give what I am speculating by the end of this month where the price should go and how I am seeing a dump. High Targets are: 30k Low Targets are: 15k Mid Targets are: 20k Stay safe and Trade safe.
Hello, traders As we can see the structure is bearish, so we expect a breakout of the bottoms