After surging by around 16% at the start of the month, Bitcoin has been retracing since the beginning of the week. A very nice setup has been taking shape since May 6. I told you about it last Thursday, but it's still going strong, especially as a range is now up for grabs! (grey zone) A CHoCH was created at $64714, which made me go long. The price is now...
On the daily chart, market structure was broken towards the upside and we had multiple higher lows formed on DXY. We can also see that DXY is currently holding an area of support. Based off of pure price action, we can expect a potential move to the upside. Two easy targets are outlined but price can go as high as the third target. It is important to remember...
Last week, I shared my views on the SPX500. The first liquidity zone I was aiming for was $5219, which has now been reached. So there are only 2 important liquidity zones left before the ATH! ✅ 5243$ ✅ 5265$ So I'm going long on the SPX500! A slight retracement to $5146 could be an interesting entry point for a purchase. Feel free to subscribe and boost this...
Gold created an ascending triangle pattern following a test of a horizontal support level on a 4-hour chart last week. The pattern had a strong horizontal key level as its neckline, which was successfully broken and closed above last week. I anticipate that the market will experience upward movement in the near future, with potential targets at 2360 and 2380.
Good morning Traders, This is my sell zone for today 💡 Nothing clear to be honest just this zone created on Asia session. It’s a risky one as Asia High is resting above, but will monitor and see how it reacts. We have news today so we might see low volume until news time. Keep it safe 🤝 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit...
Good morning Traders, This is my sell zone for today 💡 Nothing clear to be honest just this zone created on Asia session. It’s a risky one as Asia High is resting above, but will monitor and see how it reacts. We have news today so we might see low volume until news time. Keep it safe 🤝 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit...
Higher timeframe outlook for gold most likely scenario now is short period of back and forth, or a bit deeper pullback, in both cases followed by new bullish continuation. Look at LTF for further confirmation
1h: BTCUSD is extremely bullish overall. However during March and April we see signs of local distribution and\or reaccumulation in development, with most recent pressure into direction of 59k. So we are bullish on HTF, but a chance of local pullback is high right now, at least until we start to build demand chains to the upside ☝️Do not act based on my...
Hello everyone, welcome all subscribers. Please share your personal opinions in the comments. Don't forget to like and subscribe. Amidst the quietness of Japanese authorities, the prolonged high-interest rate policy of the United States is expected to maintain the interest rate differential between the US and Japan, alongside the outlook for the extension of this...
U.S. CPI data for April will be released this week, and the market expects that CPI will fall. After weak employment data was released earlier this month, assets rose, and BTC also rebounded sharply at the time of the release. Therefore, if CPI data can further confirm the role of current monetary policy, then the market correction may end. On the other hand, the...
U.S. CPI data for April will be released this week, and the market expects that CPI will fall. After weak employment data was released earlier this month, assets rose, and BTC also rebounded sharply at the time of the release. Therefore, if CPI data can further confirm the role of current monetary policy, then the market correction may end. On the other hand, the...
Hello traders, we want to check the GBPCAD chart. The price is in a descending channel and has pulled back to the specified resistance level. We expect this level to maintain the downward trend of the price and the price will fall to around 1.70500. Good luck.
All of my trade setups will always depend on VX. It had been extremely weak since the market bottomed in April, but it was strong today and that put a lot of pressure on ES. VX rejected at the 13.85 level in had been watching. This is the make or break level for the short term IMO. If it's strong again tomorrow I'll be looking for puts on SPY/QQQ, but if it...
I still see the chart is bullish to the first point. Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you...
Hello traders! Hope you're all thriving! 📉 Yesterday, gold took a dip, but now it's caught in a range from 2334 to 2338.4. 📊 Two potential biases await: 🔍 Bias 1: If gold breaks above and closes higher, expect thrilling buying opportunities! 🚀📈 🔍 Bias 2: If gold breaks below and closes lower, brace for potential sells to the downside! 💼📉 Let's navigate these...
Hello Everyone, The NZD/JPY is anticipated to maintain its strong bullish momentum. Key resistance levels to watch are 94.34 and 95.843. TradeWithTheTrend3344