Gold prices (XAU/USD) are riding the wave of a recent breakout, scaling towards the $2,400 mark, a potential new all-time high, during early European trading on Friday. Technically speaking, the strong positive momentum continues unabated, despite the Relative Strength Index (RSI) being extremely overbought on the daily chart. However, bulls might consider taking...
On the daily chart below, we can see that ETHUSD has been basically ranging for a month. The cryptocurrency is struggling to take off as hawkish Fed bets are placing a lid on it given that liquidity and looser monetary conditions are the main drivers of Ethereum. The rally since the Silicon Valley Bank collapse was diverging with the MACD which is generally a sign...
My dear friends, Please, find my technical outlook for GBPJPY below: The price is coiling around a solid key level - 191.04 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 190.71 Safe Stop Loss - 192.81 About Used Indicators: The...
If you haven`t sold the top on BTC: Upon observation of the chart, it appears to have developed a clear double top, a pattern widely regarded as one of the most bearish in chart analysis.
Let me give you another great idea entry: 12.454 SL: 11.840 Target: 13.959 Target 2: 15.023 Thanks like, share, comment #crypto #ENSUSDT #daytrade #weekendtrade #signal TradeGod out
In our previous analysis, we were bullish from the 1500 area. We pushed up a massive +160%. As explained in our previous setup, we are in a large correction and expecting one more move lower to complete the wave 4 correction. We appear to have started this final move down and will be looking for confirmation on the break of the red trendline. There's a small...
Hello traders happy trading, it never stops even on the weekend Entry: .1471 SL: .1604 Target: N/A lets see how far we go premium idea for you to enjoy Like share and comment, TradeGod out thanks #DARUSDT #Crypto #daytading #signal #BTCUSDT
My dear followers, This is my opinion on the BTCUSD next move: The asset is approaching an important pivot point 67712 Bias - Bullish Safe Stop Loss - 66353 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 69836 About Used Indicators: For more...
Analyzing the options chain and the chart patterns of MITK Mitek Systems prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $1.75. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If you haven`t bought the dip on PNC: Then analyzing the options chain and the chart patterns of PNC The PNC Financial Services Group prior to the earnings report this week, I would consider purchasing the 125usd strike price Puts with an expiration date of 2025-1-17, for a premium of approximately $5.65. If these options prove to be profitable prior to the...
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement to fulfill the imbalance lower and then rejects from bullish order block + institutional mid figure 0.90500. Like, comment and...
As of this week, the Bitcoin Dominance (BTC.D) has broken out of a 6-month consolidation period. This means that money is flowing out of altcoins into Bitcoin again. It's difficult to predict how high BTC.D will go, but I think we can make a an educated guess by looking at the diagonal purple resistance. Historically, bull-markets (especially for alts) started...
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from S/R zone + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
BINANCE:INJUSDT (1D CHART) Technical Analysis Update INJ/USDT is currently trading at $31.12 and the price is currently around its well tested support zone. I'm expecting the price to bounce back from this zone. If this support zone breaks then our trade is invalid. Entry level: $ 32.,49 Stop Loss Level: $ 27.65 TakeProfit 1: $ 36.51 TakeProfit 2: $...
Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to make a retracement and then to reject from trendline + S/R zone for a sell position. Like, comment and subscribe to be in touch with my content!
Hey traders Congratulations.. "Unlocking the Potential: DXY Analysis Indicates Long-Term Highs Ahead" In the dynamic world of forex trading, the US Dollar Index (DXY) stands out as a key indicator of global economic health. Recent analysis suggests that the DXY is gearing up for a significant move towards long-term highs, presenting a compelling opportunity for...
Hello traders.. Gold Forecast: Bullish Momentum Expected with Key Levels to Watch" Today's market analysis suggests a bullish direction for gold, as the opening price is above both the pivot and the Point of Control (POC). This indicates a positive sentiment in the market. While the pivot is narrower compared to yesterday, the two-day relationship remains...
QTUM is moving along the bullish channel 🔵Entry Zone 4.964 - 5.154 🔴SL 4.503 🟢TP1 5.468 🟢TP2 5.910 🟢TP3 6.374 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with...