If you haven`t bought the dip on DAL: Then analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week, I would consider purchasing the 46usd strike price Puts with an expiration date of 2024-4-12, for a premium of approximately $1.40. If these options prove to be profitable prior to the earnings release, I...
The live Ordinals price today is 15 usd with a 24hour trading volume of 60 million dollar. Ordinals is up 24% in the last 24 hours but what is ORDI and BRC20? BRC20 is an experimental token standard that enables the minting and transferring of fungible tokens via the Ordinals protocol on the Bitcoin blockchain after the Bitcoin Ordinals protocol launched in...
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
In the daily time, it is moving in an ascending channel. According to the movement of the previous wave that went through a cycle and then in the form of a zigzag correction in the range of 0.38 fibo, the previous wave has encountered support and is currently above 61.8 fibo, and the recent correction can be a pullback after the failure of the zone, which has the...
In my post from yesterday, I mentioned the possibility of a correction for $OANDA:XAUUSD. In a subsequent update, I emphasized that while such a correction was likely, traders should consider selling after a new spike above 2300. Indeed, the price did spike above this level once more, only to drop by 400 pips afterward, precisely to the significant support at...
FX:EURUSD is moving toward the resistance zone following the rejection. The price formed a long-tailed bar on the daily timeframe by grabbing liquidity above the previous week high. Basically, it created a fake breakout of the PWH. CAPITALCOM:DXY also bounced off the support level. I expect the price to move upward, make a fake breakout, and then form a...
The market has a bearish order flow. On the 4H timeframe, it created lower lows. Recently, FX:GBPCAD has broken through the downward trendline and made a higher close on the 1H timeframe. The market is near the resistance zone, where price dropped before. I think the market may retest that level and make a downward move. It seems like the price might form a...
The price of BINANCE:BTCUSDT is consolidating after rebounding from the support level. Usually, the market forms a range zone after an impulse move. I think the market will break the range zone, not upside but downside, to collect the orders to move higher. In the crypto market, it is classic price action when the market moves sideways, building liquidity above...
In my post from yesterday, I pondered whether the bulls still possessed the strength to drive the price to the psychological level of 2300, and indeed, they did. Following a brief intraday dip, precisely to the 2267 support level mentioned in yesterday's analysis, buyers swiftly regained control and, as anticipated, propelled the price to 2300. However, at this...
Dear colleagues, it is possible that the price will update the local low and finish wave 4 a little lower, which means that we will have an opportunity to enter a long position more favorably! The target remains the same - to update the maximum of wave 3 39980. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hi Realistic Traders, let's delve into the technical analysis of FX:CADJPY CADJPY is currently trading above the EMA90 line, indicating a robust bullish trend . The formation of a symmetrical triangle pattern further supports this trend continuation. On March 28, 2024, the price broke out of the symmetrical triangle pattern with a bullish full-body...
Yesterday, after initially rising to 2277, the price began to correct. Following an initial drop to support, bulls regained control during the US session, closing the day with yet another all-time high for $OANDA:XAUUSD. During the Asian session last night, once again, the initial drop was met with strong bids, leading to a quick price recovery. These...
Hello traders! ‼️ This is my perspective on S&P500. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I expect bullish continuation after price filled the imbalance and then rejected from S/R zone + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
BINANCE:DOGEUSDT formed a double top at the resistance zone the fell breaking the psychological level at 0.20. It created a long tailed bar at support level which indicates buying pressure. The market formed a new higher and higher lows. If the price break through the key support at 0.12 most likely there well be a lot of sell offs. On the weekly timeframe the...
The price BINANCE:SOLUSDT is basically in the consolidation phase after the massive bullish moves. It ranges between 165.00 and 210.00. It formed a ractangle pattern where it is logical to buy at the bottom and sell at the top of the pattern. You can see that the market reacted to the key support level at 170.00. It bounced off several times. If the market...
The price perfectly fulfilled my last idea. It hit the target. OANDA:XAUUSD reached the key resistance level. It tested the channel border as well. On the 4H timeframe, we have lost some of the bullish momentum. It seems like bulls are out of breath and they need some rest, which means pulling back from the resistance zone. Today we also have high-impact news...
The price perfectly fulfilled my last idea. It hit the target level. FX:AUDCAD made an impulse leg downward and went sideways. It retraced from the support level, forming a fake breakout. The market trend is bearish on the 4H timeframe. I expect a downward move from the resistance zone, where bears pushed the market to lower levels, creating an impulse leg....
The market bounced off the support level and made a pullback towards the swap level after a news report came out. FX:EURUSD made a fake breakouk of the previous day low, then moved higher. The price is trading in the Monday range. I think if the price grabs liquidity above the Monday high, it might move lower because we still have a bearish trend. Today we have...