Yesterday, the market reacted to news reports by rebounding from the resistance level and subsequently reached the target zone at 2353. It also bounced off the support level, forming long-tailed bars, which indicates level rejection. I anticipate that OANDA:XAUUSD may move toward the key round number at 2400. Given the upcoming news today, there is potential for...
The price perfectly fulfilled my last idea. It hit first target at 2430. OANDA:XAUUSD has broken below the critical 2400 level following the release of unfavorable news for gold. Given the current momentum, I think it's likely that the market will retest this lower levels. I anticipate that the price may even drop below 2350 to absorb any remaining liquidity....
FX:AUDNZD has pulled back from the resistance zone, despite the overall bullish trend remaining intact. Notably, the price broke and closed above the prolonged consolidation zone on the daily timeframe. The price action is forming a two-legged pullback against the main trend. After falling below the previous week's low, this could potentially be a fake breakout,...
The price action has rebounded from the resistance zone and formed a divergence at this level. Currently, the price is testing the key resistance at 1.5000, having recently formed a false breakout by taking liquidity above it. On the weekly timeframe the market reached the supply area where the price bounced off twice. I anticipate a retest of the main resistance...
OKX:TONUSDT has reached demand zone. Looking left at the price action, we can observe that it has previously reversed swiftly from a bearish trend to a bullish one from this area. The market has broken through the range zone, and this pullback has triggered a significant correction. I anticipate that this pullback continuation of sideways movement between 6.50...
CVPUSDT(PowerPool) Daily timeframe range. it did had a huge pump. a nice retrace back from its local low smart profits. as of now its trying to break out of 0.5361. a confirm close can lead it to 0.6789. local support at 0.4258.
The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:SOLUSDT has pulled back from its resistance zone, forming a first top, and is now retracing towards the range zone that typically serves as both support and resistance. As the market enters a correction phase, I think the price may find a support level below 170, near the upward...
STMXUSDT(StormX) Daily timeframe range. it had a cool pump. but gotta be careful with this one, its a high risk and reward alt. now it tried to break 0.008206 but need another push for that. local retrace point at 0.006055.
🔍 Technical analysis: Descending channel failure - It has been moving in a downward channel in the 8H time frame and daily. - Currently, with the failure of the channel roof, it is around the supply area and neck line. - Therefore, in case of a negative reaction, it can be broken into the channel with pullback and touch the specified targets by maintaining...
The price of EURONEXT:AAVE suddenly skyrocketed by ~30 % in the past 10 hours, which seems to be related to the whale"0x5a80". Whale"0x5a80" has accumulated 182,152 EURONEXT:AAVE ($ 13.2M) from exchanges through multiple addresses in the past 10 hours. and currently holds 399,585 EURONEXT:AAVE ( FWB:30M ). The price of Aave is $ 75 today with a 24hour...
Overall trend is an uptrend. Candlestick trend break of structure to upside now. Expecting price to reach demand zone (0.90820). Targeting price to reach order block (0.91887) but potentially continue to make a new higher high.
OANDA:XAUUSD market experienced another strong rally this week, showcasing significant momentum. However, it ended the week with a pullback, closing below the weekly open price level. Despite this, I believe the recent pullback may present a buying opportunity, given the overall bullish trend remains intact on the weekly timeframe. The last weekly candle formed a...
FX:EURUSD reached the resistance zone, but was subsequently pushed back down. Following the recent news release, the market saw an impulsive move lower, and I believe it's likely to test the support level at 1.08000 below due to the significant selling pressure that's been building up above. The price action has already cleared out liquidity above the previous...
The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:AVAXUSDT has been trending upward, recently breaking through the key level at $30.00. The market closed with a large bullish candle last week, and now it's testing the approximately 50% of that weekly range. After breaking out above a strong level and pulling back to retest it,...
The price perfectly fulfills my last idea and reached support level. The market is approaching the March high, a key resistance area where the price has bounced off in the past. I expect that if the resistance rejects the price again, it may lead to a pullback down to test the support level. This could manifest as a double top or bearish divergence, indicating a...
BINANCE:DOGEUSDT formed a double top at the resistance zone and subsequently pulled back. On the weekly timeframe, the market bounced off a demand zone, resulting in a large bullish candle. On the daily chart, it created another bullish long-tailed bar at a support level, indicating significant buying pressure. When we zoom out, we can see that the market has...
Analyzing the options chain and the chart patterns of BX Blackstone prior to the earnings report this week, I would consider purchasing the 140usd strike price Calls with an expiration date of 2024-10-18, for a premium of approximately $6.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Hi Traders trade we sent early today is running 70+pips we holding this trade. last week we closed without a lose this week same thing. spend years this work on my craft. Certified price action king.