OANDA:XAUUSD took liquidity below the weakly low. On the daily timeframe, the price formed an inside price action pattern. As we can see, the market rejected the support level by creating a long-tailed bar. Since we have upcoming news today, there is a chance that the price may pull back. I think the market might keep moving upward, approaching the resistance...
The price of BINANCE:XRPUSDT is making lower lows and lower closes. The market made a pullback from the support and retested the resistance level at 0.5300. The price basically made a fake breakout of the level, which indicates that bulls are not willing to buy at those prices. I think the market might move towards lower support levels because, on the 4H...
BINANCE:BTCUSDT market overall is moving sideways. On the dialy timeframe, the market formed an engulding candle. I think the market might push down to these support levels. The support zone at 60000 and 61000 has held price for a long time. I think the market may move lower because, if you look at the price action, you can see that the market is pulling back,...
FX:EURUSD moved higher after breaking a previous daily high. It is heading towards the next key resistance, where we had an impulse movement two weeks ago. The price will most likely bounce off the resistance if we get a rejection candle, which will indicate a liquidity grab above the PDH. Generally, the market is at the 50% retracement level of the massive...
The market plunged to a key level at 2300. OANDA:XAUUSD is testing the previous week's low. XAUUSD has reached the buy zone, as I mentioned in my weekly outlook. On the weekly timeframe, the price went below the last 2 weeks low. We should pay attention to how the day closes today. I think the market might form a small-range zone and then break through it...
In 12H time, it is moving in an ascending channel, which has had three reactions to the dynamic trigger or the bottom of the channel so far. 💎 Therefore, this trigger or ascending channel can be considered valid. However, it has had two negative reactions at the ceiling of the channel in the resistance range, which has not been able to stabilize above this...
In the weekly time after a three-wave correction in the range of the green supported box. Currently, it has a three-wave upward movement that has completed a complex combination correction in the form of wave 2 and is currently in wave 3 of 3, wave C or 3 big. Therefore, I expect it to touch the specified targets on the chart after the supply zone is broken...
Dear Colleagues, at the moment the price has made a strong downward movement. I suppose that the price is in wave "4" and can continue its movement to the support area of 80.22, but I consider only long positions, because the price can make a reversal at once. I recommend to work with pending orders. The nearest target is the resistance area at 87.47. Manage...
The market is clearly in a bearish trend. FX:EURAUD fell from the resistance zone and broke through the range zone as well. The price has been updating lower lows. Note that it broke the key level at 1.64000. And I think the market might form a small pullback and continue moving downward. As I always say, the consolidation/range zones act as support and...
Dear Colleagues, I suppose that the price has completed the correction and is now in an impulsive movement. Presumably in wave “3”, which means that the upward movement will continue. A small correction to the support area of 1.06595 is possible, then I expect the price in the resistance area of 1.07923. Manage your capital correctly and competently! Only enter...
The price perfectly fulfilled my previous idea. The market went up and hit the target level. BINANCE:SHIBUSDT formed a range zone, then broke through it downside. Overall, the price updated higher highs and higher lows on the 1H timeframe. The price is pulling back to support levels, which is the swap zone. I think the market might move upward if it pulls back...
Dear Colleagues, I suppose that the wave "4" of the higher order is completing its movement. I expect a possible update of the minimum and reaching the area of 2281.89 or the beginning of the upward movement to the resistance area of 2358.71. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
In the 4h, 1h times, it has been moving in a downward channel, which has now hit the specified resistance level after exiting the downward channel and is associated with selling pressure. Two behavioral scenarios in 4h time can be imagined for it. 💎 The first scenario: if it returns with a resistance level, if it does not have the ability to break the zone, it...
In time D1, it is moving in a descending channel. According to the type of structure and behavior after the break of 1.618 fibo, the previous wave is currently continuing its upward path after the pullback. The type of corrective structure is not observed in that micro wave and it has good momentum (according to the behavior of the dollar index #DXY , this...
A glimpse of the CADCHF in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
A glimpse of the AUDUSD in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
A glimpse of the AUDNZD in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
COSUSDT(Contentos) Daily timeframe range. on a decent volume flow mcap it performed really well. 0.031717 holding for now, recent retrace point is at 0.023537 which is already touched. a cool down and staying above that can lead it to another run.