on the 4h timeframe we can see the pair draw its own scenario after forming a head and shoulders pattern which is a reversal pattern. i will explain shortly how to trade it and where exactly to put our sell trade. in this case we have the left shoulder and the head are formed we are waiting for the right shoulder to be formed. we can measure with our fib tool our...
After moving to the upside for very long time on all time frames, we are witnessing a great reversal pattern on this pair referring to a big change in the main direction of this pair. the pattern is double top on the 4 hours timeframe. we can enter a sell trade on this pair directly or we can wait for a little re-tracment and retest of the neckline, from there we...
Bye-bye, Bitcoin. BVOL is breaking out of a multi year resistance. Looks like this halving really will be different after all. Good luck, y’all!
There is a very nice range shown on the BTC chart! I mapped out these levels to make it easier for you to see where the LONG opportunities and SHORT opportunities are. Let me know your thought sin the comments below Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to...
PX is currently in an ascending wedge with bearish RSI divergence wait for a break of trendline and retest of support before taking a position with stoploss at last swing high and target at next area of support, moving SL to BE when safe to do so and then follow with a trailing stop looking for a bigger move down. Good luck traders.
Hello everyone! We are approaching a global high. I expect liquidity drain and further fall to the big fvg formed at 1 month In this month we will see the formation of a reversal formation and the beginning of the depreciation of the asset! Also globally volumes are showing at fvg 1m - good indicator!
Waiting on price to break the range and retest Price could break towards the upside or downside but i have a deep feeling the bullish movement of the USD is about to be exhausted, so i will be looking to short once price break the range.
Seen a bullish entry to the upside but still see a sell move if market doesn't get to my buy entry you can study my set then let me know if you have any question. Remember risk manager is of your own decision so apply proper risk management
Xau prompts to make an expected swing move rejecting from 2121...Eyes on the 2080 R-zone
Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Today, gold managed to achieve a remarkable growth, breaking completely out of its downward trend. Important resistance for gold lies between 2084 - 2088, and I expect that with the market opening next week, it will start a corrective move from this range or slightly higher at 2092 - 2096. We have several reasons: Firstly, the downtrend line has been breached,...
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: Monday's trading session did not have many fluctuations, the price area touched the trendline and resistance area, setting up a SELL signal ⭐️ SET UP GBP/ AUD PRICE: 🔥SELL zone: 1.94300 - 1.94500 SL : 1.94800 TP 1 : 1.94000 TP 2 : 1.93700 TP 3 : 1.93300 ⭐️ Technical analysis: Based on...
After a breaking of the main bullish trend, there is a quick short movement. The price did a correction to 0.5 of Fib + supply zone combined with resistance line. This could be followed by a quick short movement to demand zone where doble bottom could be formed. There is a risk because the main movement is upwards and the correction of the main movement was done...
I think Bitcoin growth potential is not yet exhausted this mean Bitcoin retest the level $59,370 or $58,890 then we think about the pullback of the Bitcoin to support level Bitcoin Surges To New 26-Month High, ‘Whales Go Parabolic’ As Analyst Forecasts Rally Toward $59,370 Bitcoin (BTC) has experienced a surge of over 3.6% in the past week. The gains have...
1. GBP/USD Technical Analysis: - Sell Entry: Targeting a decline from 1.26503 to 1.25890. - Retest Anticipation: Expecting a revisit of 1.26640 before downward movement. - Risk Management: Set stop-loss above retest level to mitigate reversal risk. - Take Profit: Aim for 1.25890, but adapt to market conditions and price action. 2. Fundamental...
AMD vs. NVDA: When looking at these two stocks it's clear that NVDA is the clear winner and will maintain its pricing power over alternatives. NVDA's Gross margin (75.97%) is +35.57% that of AMD (40.4%). Although AMD has a low price to sales ratio this is likely due to them having a "Walmart sales model". High volume, low margin. This is illustrated...
Traders, True to form, though I rarely do this anymore, I’ve gone short on Bitcoin. My entry was immediate after hitting that resistance level at $60500 which I discussed in the last post. Target will be $48,300 Stop out will be about $63,000 RRR is nearly 5/1 I am confident here so I’ve risked nearly 50% of the trading portfolio. But I will definitely be...
Thank you as always for watching my video. Please feel free to like, share, and comment on this post. It is always an honor and blessing to have you watch my videos!