Undoubtedly, the overall sentiment of Bitcoin remains bearish. Taking a look at the recent price movements, we can clearly observe that the price is sitting on a crucial area of support. More to it, the price is trading within the borders of the descending channel illustrated on the graph, and impulsive bullish candles have been able to successfully reject the...
Analysis of #GBPCAD The GBPCAD has a key support level near 1.5500 where the market started a rally up. we can look for a buy near 1.5500 if the rules for entry are met and the market provided a bullish confirmation. you can see the market now at a strong demand level but if you decided to get in now your SL will have to be very big that's why i am looking at...
Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
It is critical to analyze indices when choosing stocks ! SPN (Energy sector of S & P ) outperformed SPX since start of new year . While SPX is officially in bear market , SPN gained above 30 % so far and was above 60 % at it's latest major high !. SPX bounced back last week raising hopes for bulls however, I think it is just a bear market rally and worst may...
Analysis of #GBPNZD The GBPNZD is at trendline resistance now, I am waiting for a bearish signal, pin bar, engulfing candle, or double top on the lower time frame to get in a sell trade. if you look left you will see a pin bar and if we get a similar one with confirmation I will enter a sell however we need to be careful and not enter now as this pair might...
As it can be inferred from the 2H timeframe chart, the price has been consolidating within the borders of a sideways-moving range for quite a while. From the recent price movement, we can observe that the bearish rally that has happened recently gives enough confidence that the price may keep pushing even lower. We are eyeing the zone of support (recent low)...
LUNC has been playing with peoples heart and money since the original Luna crash and the depegging of UST from the dollar. The last few days have shown an immense level of growth...returning it to close to the original listing price a few weeks ago. Currently the top is forming a large H&S on the 15 min, indicating a big dump en route. Hope y'all make it in time....
US30 formed a cute double bottom on a key level. I assume that the index may bounce now. Goals: 31365 31760 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
We wanted to see price reaching our zone on EURUSD but it looks like right now there's not enough buying pressure. This is the reason why we don't take trades towards the zone and against the trend but just wait for the right moment instead. It looks like this moment is now. Not the way we wanted it, but we trade what we see and we're now looking to sell from...
Analysis of #GBPJPY The GBPJPY remains to trade between trendline support and resistance as laid out on my chart. We can look for abuy f the market test my first buy level and provided a confirmation on the lower time frame we are turning bullish. if the first buy level failed we can still look for a buy at my second level which represents a strong demand...
Energy, energy, energy: It’s been the manta of 2022, so let’s take a look at Exxon Mobil. Earlier this month, the oil-and-gas giant hit triple digits for the first time in almost eight years. As noted at the time , prices were extended and a pulled back sharply. And now they’re bouncing. The main pattern on this chart is the falling trendline along the highs...
once again we are approaching what use to be resistance in the previous parabolic rally (19,700). headed there with a trend resistance, broken RSI and no sign of buyer volume. all bad signs if you want to long I predict a break below 19,700 very soon, my short term targets are roughly 18400-17300 please dont forget to like and follow if you enjoy my analysis,...
Quick end of day update: As we suggested yesterday we we looking for the lower level to give a reaction in price, this is why we said its too low to short, rather look for it to go up and then we can look to short it again. We've hit a few targets below on Gold as per the KOG report and now await tomorrow to see if we go further down or if the market closes in...
after years of parabolic upside we are finally seeing some pullback, my short term targets are 15.15-14.4
SHIB is enter the liquidity gap again and clsest support is the value are under it. Will the SHIB fall fo another 17%? Let me explain the current situation and give you the best enrty point. Why the price of SHIB fall? First of all, we see the volume growth after the last pump. That means the big players have huge sell out to retail traders who close their...
1.04 is major support here and also the last Fib level so if the price respect this support zone we can expect a heavy pump for EURUSD like green arrows. ((press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis))
Bitcoin again bounced from big size yesterday watch full update closely
Gold did not break support level 1815-13 so now possible moves of gold to test fresh supply area, near 1826-30