On the monthly charts, this crypto pair has mitigated a previous demand. From this demand zone we are seeing a reaction where price is pushing up higher. A privacy based crypto, ROSE is poised to make higher highs targeting the fresh supply marked by FOB . Once we have confirmation, we will update the analysis.
Understanding supply and demand is essential. Here’s a quick intro to how we can benefit as traders by using AMEX:SPY as an example. 1. Identifying Potential Entry and Exit Points: Supply zones represent areas where selling pressure exceeds buying pressure, potentially causing price to reverse. Demand zones, on the other hand, indicate areas where buying...
GBP/USD -gbp/usd have supply above the price -price have IMB and lq above it -If the price mitigate our supply don't enter without confirmations
Hey everyone!!!! GBPCAD pair broke the trendline upward. Price will go to the highlighted zones. Good luck to All!!!📈✔😎❤🙌🏽
CME_MINI:NQM2024 - PR High: 18243.00 - PR Low: 18147.50 - NZ Spread: 213.25 Key economic calendar event 08:30 | Retail Sales (2x) Maintaining prev week range Evening Stats (As of 12:15 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 273.76 - Volume: 45K - Open Int: 253K - Trend Grade: Bull - From BA ATH: -2.4% (Rounded) Key...
After BTC failed to break through 71000 for several days, accompanied by sudden geopolitical issues, the crypto market began a violent callback. BTC remains near 65000 after slight rebound. ETH touched 3000. The average correction of Altcoin remains above -20%. There is no doubt that most tokens have fallen into decline. After the Dencun upgrade, possibly due to...
It is official. Inflation is back. But not everywhere. Food inflation is on the decline. All three major crops, Soybean, Wheat, and Corn have declined substantially. Bearish sentiments rings loud across agri with ample supplies combined with solid harvest expectations. Among crops, corn has fared best. Its prices have not declined as much. Corn outlook is...
Good morning, fellow traders! ☀️☕️ Ready to dive into the world of trading? Check out my latest video where I break down the analysis on GOLD 📈💰. I'll be sharing my thoughts on what scenarios could unfold in the coming days. 📉📈 Don't forget to give it a thumbs up, hit that follow button, and take a peek at my profile for more insights! 📺👍 Let's make today a...
Dear Traders, As Per Technical Analysis MCX:NATURALGAS1! Will try to take Support Near 143-144 Level if breaks then we can see Further Downmove. but as trader we can use this as a Opportunity buy Naturalgas Near 147-148, with SL of 143, Target 155,159. This message is for informational purposes only and should not be considered financial advice. It is...
On the 4 hour chart, we have a confirmed shift in markets structure indicating a bearish momentum is setting in. The forthcoming bitcoin halving is likely to affect other crypto currencies negatively. The expectation is that as the halving date approaches we will see a lot of selling pressure across the crypto market.
This is my Intraday analysis on EURUSD for 15 Apr 2024 W16 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish Internal Bearish Pullback Phase 2. Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the...
BTC is in a trend channel, currently retracing its move from higher prices. $50-53K is a supply zone and this zone aligns with FIB level.
A stronger US dollar and fewer worries about inflation caused gold to retreat after hitting a record of 2431. Market volatility is caused by geopolitical tensions between Iran and Israel, which initially increases demand for safe havens. Fed officials' remarks that strengthen the US dollar work against the price of gold. Fed rate cut bets and bullish USD seem to...
depending on market structure the price is broken the important levels on 4H TimeFrame, when the correction occurring at level 16744 will put a position at level 16621 and the first target at 16320 with suitable stop loss level.
The safest way in investment is DCA strategy. This is suggestion zone for you to DCA . Not financial advisor
Scenario one for the coming week, we see Gold grab liquid at 2390 and then fall. Scenario number 2 the head and should pattern forms and we get smooth sells at Resistance level (2364.615)
The market is on uptrend so it is logical to buy here.
I see potential for downtrend continuation in Bitcoin, especially with the formation of a triple top on the daily timeframe. We will waiting price to come to the resistance area and place our short position there