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...
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,...
Tell the strategy directly Today's callback continues to be dominated by lows and longs. as the picture shows; In the short term, let’s look at the adjustment first. The support level below is near 83. You can buy long at this position, and the upper target is around 85-85.6. In trading, you can go short first and then go long, and the long position is the...
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...
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...
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 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...
ATAUSDT(Automata Network) Daily timeframe range. it had a nice pump but failed to close over 0.2551. maybe later it try again but that will depend if the volume can sustain. recent retrace point is at 0.1891 staying above this will give it more chances to try again higher.
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...
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...
HBARUSDT(Hedera) Daily timeframe range. even on slow days like these it had a nice pump. but the pump didnt sustain as its retraced. closing below 0.1217 clean will led it to 0.0937. if not it can get over 0.1217 again.
The price has broken through the key level at 1.37000. FX:USDCAD broke the range zone and made an extension downward. The price is rolling back to the key resistance level. On the daily timeframe, the market bounced off the supply zone. I think the market might continue moving downward toward the support zone between 1.36400 - 1.36200. I expect the price to...
The price perfectly fulfilled my previous idea. It hit the target zone. FX:EURUSD rebounded from the support level at 1.07100, and it's heading towards the next resistance zone. On the daily timeframe, we have a bullish move followed by a doji candle. This suggests the price might rise because the market broke the structure and made a higher high. The market, as...
According to the previous analysis, it went around the target but did not touch the neck line. It has now gone through a full cycle where its correction after the dynamic touch trigger has again met with support. It has several points. 1- It looks like a triangle corner pattern is being made. 2- The reversal pattern is forming. 3- If the swing range of...
In the analysis of the previous post, the alternative scenario occurred and it exited the ascending channel at the 12H time. 💎 But now a multiple compound correction has occurred as seen in the chart. 💎 In the last correction, a 5-wave downward correction was made, which led to channel failure. After that, it faced a demand that is currently suffering in the PRZ...
The price is moving sideways after a bearish week. On the weekly timeframe, FX:EURUSD formed a doji candle, indicating indecision in the market. The price has broken through the important zone at 1.07000 - 1.072000. Most likely, the price is going to trend downward towards the demand zone 1.05000–1.05500. I think the market will make a pullback, taking...
Analyzing the options chain and the chart patterns of DXCM DexCom prior to the earnings report this week, I would consider purchasing the 137usd strike price Calls with an expiration date of 2024-5-3, for a premium of approximately $5.95. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.