Another awesome day with our members picking up buys from support levels and taking the perfect exit before the retracement. We used our premier intraday levels to identify 1785 support for the buy and trailed the movement up banking profit and locking in level to level.
Market is now ranging before breakout, which is why we will start seeing...
I did an analysis of one cryptocurrency pair, but most of them are in similar places. I expect that if the price gets into the green zone I will look for buying opportunities as we are currently in a place of potential consolidation.
The markets are very uncertain and it is not clear from the chart whether we will go up or down, therefore it is...
Quick update on the MONTHLY CHART long term outlook.
Although price is aggressively in the SWING RANGE, EMA5 is still above the retracement range of 1777 and therefore the long term structure is still intact.
As mentioned before historically price was able to challenge the 1684 swing range while ema5 staying supported above 1777. I wanted to...
We have been following this chart for a while, so thought we would update the current state of play with it.
The retracement range has broken through however EMA5 is still above the retracement range of 1777 and therefore the long term structure is still intact, as price is still within the structures swing range.
Historically price was able to...
USDCHF hit the target at 1.0000 & 1.0026 after broke and hold above 0.9901.
As I said at previous Idea: "Break and hold above 0.9901, open the way to key psychological level 1.0000 and 1.0026 (Triple Top and also its Strongest Resistance now)."
But, As that's a psychological and Strongest Resistance, then USDCHF rejected from that level.
Now, USDCHF is heading...
Nifty is going to gap up today, I am expecting it to open just above my supply zone at arround 15900 levels in this case breaking that 15800 to downside will be little bit difficult and nifty will hopefully continues to fill the gap formed earlier I will look for reversal or fall from supply formed at 16100 levels.
So we did get this pullback, it was a bit stronger then i did expect, we need to see some sign of strength upwards now.
We do have a high of 0.00018808, and a swing low (pb) of 0.00012600, let us see if we can break the upwards trendline, and continue the trend.
New update if we break the 0.00014540 area...
This month, keep it simple with BTC!
The symmetrical triangle was perfectly retested, which is a bullish indicator. However, the market is encountering resistance at the TPO point of control drawn from the start of 2021, which, if broken and held above, would likely lead to additional highs. When price was within this pattern, the 50 - 3-day Moving average served...
Forecast: Market will fall again after couple attempts to re-test the previous high 1.532
Trading Plan: If market goes up and re-test the previous 1.532 then look for the potential reversal signal to jump in the trade.
Target: The previous Low 1.455
Trade with care and always...
Following up on yesterday's report, the resistance at $39K was simply breached, despite the fact that it had previously been tapped.
The price is currently encountering resistance. $42K is a key support and resistance level for several support and resistance flips. If the price breaks through this level, it may test the $44300 daily barrier and maybe the upper...
Gold is currently in a strong bullish trend. During the Asian session and London Session, price made a strong pullback which was needed in order for the bullish trend to continue. As long as price continues to respect the structure and create higher highs and higher lows, we continue the bullish momentum to at least retest the highs that were created yesterday.
The Party Time is Over for BTC, Now it seems that its heading towards previous lows, Increased supply and poor demand causing a serious trouble. Stoch is in overbought zone and price actions is getting weaker.