🔰You can see the analysis of the US dollar to Canadian dollar currency pair in the four-hour time frame (USDCAD_ 4H) 🔍🧨
💥Considering that the price has been able to break the Down trend line🖤, if the price can reach the DEMAND zone, it can rise to the SUPPLY zone🔺🚀
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for...
The price after he broke the support, turned back, broke the resistance,
which turned back into the support
It's good to enter now 1.7499
Put the SL below the support, at the price of 1.7462.
EURJPY is in a strong down trend, has reached key resistance.
It was a fake out, but the price continued bearish, confirming a strong bearish
The price presents a support at the price of 140.18, which may indicate that it will send the price up to the resistance from the down trend, and after falling to the key support.
Like and comment if you want more trading...
AUDNZD After being in the uptrend, it broke the resistance from the up trend and is heading towards the support at the price of 1.065
The price is in a position with high volume node, also at the support at 1.065 is volume, and I think it will break the support as well.
On weekly chart the price is bearish, which can count the same for another week.
Looking at the NOTV Inotiv options chain ahead of earnings , I would buy the $5 strike price at the money Puts with
2023-1-20 expiration date for about
$0.52 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
EURUSD It was at a strong time after the NFP news. The price has reached a point of resistance, responds pozotively after being in bullish.
For a better entry and confirmation would be at the price of 1.0656
The price tested the resistance at the price1832 and then broke it, which has now become support, and the price has responded positively to the support by rebound. I have expectations that in the short term it will go down, hitting the support.
Gold has no intention of stopping, it will go higher and higher.
I think the gold is going to have a fake out and then...
Gold tested $1850 supply zone during the first trading day of 2023 and was unable to break it. Gold bulls seems getting exhausted and we may go for a pullback. The support is found at $1830 which was tested earlier today. A slide below it could trigger a reversal and XAUUSD may test $1820.US dollar rebound will also have impact on the commodity. We consider...
Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start...
FX:EURGBP
Hello Traders!!!,
This is my analysis brought to you after deeply analyzing thE EUR/GBP Forex Pair from a technical, trend and fundamental perspective:
*Pivot Point : 0.85900
*Stop Loss : 0.85555
Take profit : 0.87238
Entry Price : 0.86015
Risk/Reward Ratio : 1 : 2.29
⭐If this post was useful to you, do not forget to like ❤️ and comment...
If you haven`t played last Q`s earnings:
Then you should know that looking at the WDAY Workday options chain ahead of earnings , i would buy the $145 strike price Puts with
2023-1-20 expiration date for about
$8.60 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
If you haven`t sold AVGO`s exposure to China:
Then looking at the AVGO Broadcom options chain ahead of earnings , i would buy the $515 strike price Calls with
2022-12-16 expiration date for about
$7.60 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Hey traders,
We have spotted earlier an important daily structure resistance on EURUSD.
I was looking for a confirmation to short that structure.
The confirmation was a descending triangle formation on 1h time frame.
The order was opened on a retest.
Great winner and perfect short.
Did you catch it?
❤️If you have any questions, please, ask me in the...
Why we take this trade ?
- Daily was Bearish
- On 1h we have BOS
- Raid (take previous high)
- Then we have MSS (Market structure shift)
- Then we wait for price to come back on OB
- We have SSL (Sellside liquidity) that need to be fill out !
Technical Analysis
After moving in the sideways trend for a while, ADMR made a descending broadening wedge pattern. Furthermore, ADMR has broken out of the Falling Wedge Pattern. The Breakout could indicate a possible starting point for the Markup Phase. The Markup Phase is the stage of price breakout of the trading range and starts to rise steadily. Therefore,...
