Technical Analysis: Gold The price has consolidated between the 2321 and 2302 zones as previously mentioned. Current Outlook: The trend appears bearish for today, as the price has stabilized below 2321. As long as it remains under 2321, it is expected to touch 2302. Bullish Scenario: For a bullish trend to be activated, the price must break through the...
Bitcoin swept some of poor lows and found support A poor low occurs when the market reaches a low point and lacks excess, resulting in multiple TPOs forming a flat bottom. The crucial level that Bitcoin has to reclaim is 67.8k (4hema200 & hvn) Any rejection at this level will take us down to 63k to 62k area (single prints & npoc)
NYSE:SQ is a public company that hodls bitcoin. It has over 8000 BTCs, valued close to half billion dollars. So, logically its stock price correlated with bitcoin. When bitcoin price starts moving up, NYSE:SQ will too. Ba patient. Stay positive.
On June 13, the drop of CRV led to the liquidation of nearly $34 million lending positions of its founder Michale Egorov. In 2023, Michale Egorov’s position will also face liquidation risk. It ultimately conducts CRV OTC transactions with institutions and whales to obtain liquidity and reduce the healthy rate to avoid liquidation. But it happened again. The...
L'OIL est haussier en MTF/4H. Suivre l'OF augmente les probabilités. Entrer en position à l'achat se ferait sur une prise de liq majeures 15 + TRAP 5 en cours. S'il est confirmé, nos probabilités ne seront que meilleures. L'objectif est d'aller rechercher les liq majeures baissières Daily. Mes alertes sont en place. Mettez une fusée sous le graph e
GOLD is bearish <4H Because of its internal and external alignment, wait for a return to major liqs before selling. With TRAP5. In the case of a buy (interesting because of the TRAP HTF on LIQ Daily + PriceD HTF), wait for a return to liq majeures 15M. My alerts are in place. Put a rocket under the graph
H4 Analysis: Analysis/Bias remains the same as analysis dated 11 June 2024. -> Swing: Bullish. -> Internal: Bearish. Price has continued to trade to the downside Price has now printed a bullish CHoCH which indicates initiation of bullish pullback phase. Strong swing low is expected to hold, however, it would be worth noting the swing low must be taken as...
PATELENG formed a Pennant chart pattern on daily chart. Multiple support and resistance were tested before the breakout. On the breakout day there was above average volume pushing the price higher. Looking at the current price level seems ideal time to enter with stop loss just below the breakout candle and target the width of the Pennant. This trade offers ideal...
GETTEX:LINA setup... LINA is making a deviation on LTF... When it takes SSL as support, it will go upwards... Wait for confirmation...
Gm... Today I will play the green zones on CRYPTOCAP:BTC , devided with levels where to take PP's or close... #trading #bitcoin
A big thank you to all for helping me reach the 8k follower milestone.. On the above weekly chart price action has corrected over 90% since February 2020. A number of reasons now exist to be bullish, including: 1) You know why.. 2) Price action confirms support on past resistance. 3) The support is on the Fibonacci 0.236 4) RSI resistance breakout. Is it...
In this video, we dive deep into the world of gold trading, focusing on sell signals and strategies that can help you unlock profit potential in the market. Whether you're a beginner or an experienced trader, understanding when and how to sell in the gold market is crucial for success.
On the daily chart, XAGUSD has formed a top pattern. In the short term, the price is under pressure below the downward trend line, and the bearish trend is dominant. In the short term, pay attention to the opportunity to short near 29.4, and the downward target is 28.0.
FX:XAUUSD rises to 2340 on the back of yesterday's CPI and Powell's comments form a shakeup in the market and the price of the metal drops to 2308, forming a false breakdown of the key liquidity area of 2325. Today the market is expecting PPI (MoM) and Initial Jobless Claims. Producer Price Index is expected to be lower than last period 0.1% instead of 0.4%,...
Previously, the last post mentioned that GBPUSD is going bullish. Direction was correct as speculated as it was heading up to reach for the Weekly’s resistance. CPI pushed the price up and FOMC news pushed the price down as Feds are not cutting the rates in June. Price continues to downtrend during PPI news. At the moment, when price breaks below the Daily...
Good Morning Traders ☕️ The zones for today 👀 Keep it nice and clean as is Friday. We don’t want to give the profits made this week back to the market 🤝 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯 ...
This video shows what I am looking at and my thoughts for today regarding Nasdaq
I've marked out zones where I am looking to take trades. I will do a follow up later