APRIL 12, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- The price action successfully showed us the rejection, grabbed out all the sell side liquidities below the level, and filled out the FVG gap level which was marked between the $67,523 to $66,495 level. A bounce back in the price action we can see from its Horizontal Support level which is marked...
JPM has 2 plots playing out, a rising wedge nested with a larger broadening wedge. We have negative divergence showing up on TSI & RSI showing that we might reach an early peak in current weekly cycle. Though price is above the a horizontal resistance, there is a higher probability that this is a false breakout. A weekly swing high can be a signal for an entry...
The EURUSD view comes wayback , perception of market data and intuition are all drawn in there. Ink
NASDAQ:SMCI spotted Head and Shoulders pattern. Price is holding at support level. Until it bounce or break, will determine its next direction.
We may get a shallow bounce from this level retesting 11.8 to 12.5, any rejection we get from this level is a SHORT opportunity targeting the wick on the downside TARGETS: 10.4 - 50% of the wick 9.3 - .618 fib and 100% of the wick 7.7 (if it gives) Flip to LONG at the mentioned levels of interest
PoC is acting as support here If this level holds, we can expect a bounce toward .014 to .0145 in confluence with high volume node The levels I'm interested to go long in case we get a strong rejection is around .0113 (.618 fibonacci) or lower to .0096 to .0088 area for possible double bottom
We could see a selling pressure at .37, where price reversed and plummeted by almost 40% impacted by the recent market drop. If we can get some good reaction around .22 to .20 area (local support), there's a chance we retest previous support .26 to .27 However, any rejection we get at this level (.26 to .27) is a short opportunity targeting .16 to .14
Hello traders.. so yes indeed we did get a very nice push down on EurUsd with CPI data. I put out Short Analyses on Sunday/Monday around Pre-London outlining the fear and market uncertainty that increasing inflation brings into the markets. The inflation reading CPI was expected to rise from 3,2% to 3.4% YoY. The reading came out as 3.5% YoY and we dropped hard on...
Considering the bearish CH and following the flow of bearish orders, it is expected that the price will move towards the indicated TPs. Also, at the bottom of the chart, there is a liquidity pool (which we marked with $$$) that may be swept. The targets are marked on the chart. Closing a daily candle above the invalidation level will violate the analysis For...
Notice the "frog legs" when they were placed. Do you know where to buy and sell based on this simple strategy?
ENTRY = 2.8 ron is in the discount price and in the 62% fib time to buy more and stake
On the chart we have a bearish CH and lower Hs are still forming. According to the conditions we have on the chart, the best ranges for sell/short are the ranges close to supply. And the best range for buy/long is the demand range. We specified an invalidation level for each of the upward movement and the drop movement. Closing a daily candle above and below...
End of week update from us here at KOG: Wow, what a week on the markets again! In today's morning review we said today we would definitely not long the market, instead, even though we had a target level above! We had previously given the levels to look for RIPs, and unfortunately the first two we surpassed, which we did say, if broken we'll look higher. That...
OKX:TONUSDT BINANCE:TONUSDT.P Hello traders. 🔵TONCOIN is my Second suggestion for the altcoin market.🔵 As you can see, the price has broken its long-term triangle structure. As long as the price rally is ongoing outside the pitchfork structure, the $5.7 and $7 targets are active.🎯 Considering the previous price rally, there is a possibility of a price...
**Gold's value has experienced a decline in the recent period,** **Indicating an oversold condition in the local markets.** **With the price nearing a solid support level at \$2320,** **An uptrend in gold prices may be anticipated.** **Consider a bullish position.** 🚀
TVC:DXY FXOPEN:DXY Hello dear traders. ⚡️ In this post I will track the DXY movements from 12 Apr - 18 Apr. 📈 What to Expect? 💡As long as DXY is above the midline of the pitchfork structure, the bullish scenario is quite valid. The bullish scenario targets are on the price chart. ⚠️Important Note⚠️: The price movement has been drawn a little...
📉 Let's analyze the EURGBP currency pair together across lower time frames and explore possible strategies and scenarios. 💹 This currency pair tends to form boxes and mostly trades within ranges across various time frames. Whether in higher or lower time frames, it moves within both large and small boxes. 💼 For range traders, especially in the 4-hour time frame,...
Dear friends, gold is crazy today. During the day, gold rose by $59 from around 2372, reaching a maximum near 2431, and then fell by $70, hitting a minimum near 2361. It's a crazy roller coaster ride. I think some people are happy and some are worried in today’s market! At present, there is no reliable technical reference for gold in the short term. As for why...