Minutes from the Fed's most recent meeting, released on Wednesday, indicated that most central bank policymakers agreed that another rate hike would be "appropriate" when Inflation continues to trend higher than target. The minutes also pointed out the uncertainties surrounding the economy and the need to proceed carefully in assessing the impact to have...
Analysis: Bearish Confluences Recent downwards trend formed Retesting an area of significance Downwards trendline touch Broadening descending channel formed 1K long position decrease for the CHF 6K short position increase for the CHF 1K long position increase for the JPY Recent CHF news has been bearish Bullish Confluences The CHF is the 4th...
Hey Everyone, A great week so far of riding this move up, all the way from the bottom support structure completing this chart idea. Price continued into the resistance structure today and just short of 1888 and then rejected at the resistance level for a correctional retracement drop. Although this chart idea is now complete hitting all targets. We have a gap...
Analysis: Bullish Confluences In an upwards trend Retesting an area of significance In the fib retracement "golden zone" Upwards trendline touch Broadening ascending channel formed 5K long position increase for the NZD 2K short position decrease for the NZD Bearish Confluences The NZD is the 4th strongest major currency whereas the USD is the...
After finding support at the 20-day exponential moving average ($27,227) over the past two days, Bitcoin broke below this level on October 11. This shows that bears are trying to gain control . The next support to note on the downside is the 50-day simple moving average ($26,615). If this level is broken, it will show that traders are rushing to exit. The BTC/USDT...
The conduct of an anti-subsidy investigation against steel manufacturers will be announced at a summit with the US on October 20. InternationalEU plans an anti-subsidy investigation to secure a steel agreement with My Phuong Nhi • October 11, 2023 19:19 The conduct of an anti-subsidy investigation with steel manufacturers will be announced at a summit peak with...
In this trading idea, we'll explore a potentially profitable strategy for buying gold by utilizing a combination of technical analysis tools. We'll focus on key factors such as critical support levels, Fibonacci retracement levels, order blocks, and trend reversals. Support Levels: We'll closely monitor important support levels on the gold chart. These levels...
Hey Everyone, Once again the power of our weighted Goldturn break and lock confirmed entry to exit with a precision HIT at 1876!! - BOOOOM We were looking for a ema5 cross and lock above 1854 to open the range above. We got the cross and lock confirmation followed with both 1864 and 1876 completed before FOMC. 1864 cross further solidified the target today. We...
Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance 50% fib retracement level touch In a descending channel 1K long position increase for the USD 1K short position decrease for the USD Recent USD news has been bullish Bearish Confluences N/A Stay Safe - The JPI Team Please feel free to leave any comments you...
Hello traders, this is a Gold analyse still bullish for the moment but the drop will be certain why as we can see our momemntum to the upside is slow compared to the drop that we had recently from the FOMC News event the Drop from 1947 compared to this is Just a Pullback so we may have to enter for a reversal on a better price action meaning on a Premium, it start...
Hey Everyone, Another fantastic day for us with our chart idea playing out perfectly. Yesterday we cleared all the bullish targets in our first range upto 1854. We were then looking for a ema5 cross and lock above 1854 to open the range above. We got the lock today, which followed with our first target in the range above to 1864 HIT - BOOOOM!!! We now have a...
I'm currently leaning towards a sell bias on USD/CAD. Here's a simple template for a ''Sell Day'' I'm applying this sell template to identify potential short opportunities on USDCAD. My strategy involves recognizing liquidity grabs and patiently waiting for suitable entry criteria to materialize. My objective is to secure an entry near daily highs.
hi guys this structer on audcad is so amazing rtm and smart money both confrim this enjoy
Hello traders, this is a possible short setup for FX:GBPUSD , the overall trend still bearish there's no confirmation yet to get on a bullish movement it may be just a pullback for the moment! IF you agree comment Below!
Hey Everyone, What a fantastic start to our week with our bullish targets getting taken out. The 1831 resistance break all the way into 1843, 1847 and 1854. The one candle took our all targets and therefore and still allowed two further retest at 1854 to allow us to still get in for the catch. - BOOOOM!!! We are now seeing price test resistance at 1854 and...
Analysis: Bullish Confluences Recent upwards trend Recent breakout of longer term downwards trend Failed to put in a lower low and instead put in a higher high Retesting an area of significance Fib retracement "golden zone" Previous downwards trendline retest for support The EUR is the 2nd strongest major currency whereas the CHF is the 4th weakest major...
Analysis: Bullish Confluences Emerging bullish momentum forming Failing to break below recent lows New recent highs are being broken Retest of a key support level 61.8% fib retracement level lines up with our area Touching a longer term and short term upwards trendline Broadening ascending channel present (blue lines) Longer term bullish pennant pattern...
NYSE:SWI - SolarWinds Corp LOOKS GOOD VOLUME UP RSI CROSSING BOTTOM OF RANGE RISK MANAGEMENT HIGH FORECAST = $13 What do you THINK? Please share your ideas with me and the community.