The security has been in the bearish trend since Apr 2022. We expect the security to have reversal from the green box. This is not a buy sell recommendation. Pls ask you financial advisor for any investment or trade.
👁️ OUTLOOK 30m chart: FOREX: USDCAD 30m: We are breaking bullish nicely and currently surfing the 10ema. I want to see a liquidation of lows and price to go sideways.. I also want to see price come back close to the 50ema during London session. And I want to see show strength again above the emas to then scale down to the 5m chart. Bias: Bullish but want to...
Possible paths for the market on current volume profile, only chance up is if huge inflow surge happens with a bullish aim, otherwise we diminish over time to continue the bearish trend down. I give it 15% bullish 85% bearish... with this low volume and everyone on edge with the market and global events... its surprising how resilient money flow has been so...
Hello traders. Fed has gold and crypot markets dropping a bit. Buy for me if 2305 area holds as support. Clean, safer buys above 2340. I have marked the area of interest for scalp sells and buys. Let's see how things play out. Big G gets all my thanks. Happy Wednesday. Whoever got the buy in at 2390 area did well.. I took no trades today. Thanks so much.
SPX500 went down sharply And the SPX is locally oversold So as we are already seeing a Bullish rebound from the Horizontal support level of 5015 A further move up is to be expected !
MARA is at the RL, However we couldn’t pass the Monthly resistance level. If we go down to fill the imbalance and re enter the range I will consider to open position. That scenario makes more sense to me. Or, if we pass the previous high level.
From yesterday to today, gold has gone through a roller coaster market. Yesterday I said that the price formed an M-shaped pattern after falling at the 2310 resistance level. However, affected by the Federal Reserve's interest rate decision, the gold price suddenly soared from 2385 to the highest point of 2328. However, it fell all the way after encountering...
Preferred direction: SELL Comment: The dollar is expected to fall even when paired with the Japanese yen . By the way, our previous trading idea worked out perfectly, and the target was fixed at the level of 153.222 . At the moment, another approach to this level is expected, with a high probability of its breakdown downward. The trade is short-term, and...
Yes, yes, yes... Bitcoin is forming nicely. All is going according to plan. We are now just playing the waiting game. $56k might have been the bottom, if not - it's GETTEX:48K I promise. Lower than that just doesn't really make sense even if stay in this range for months. sweet spot is 56-62k range for weeks then rally. I'm telling you that I may go down as one...
Many people now waiting BTC dominance over 60%. I dont think so we will go so high! CRYPTOCAP:BTC.D We can't compare market cap 2020 and 2024. We got many new projects who absorb liquidity from investors! Yes based on BTC ETF majority inflow money in Bitcoin 51.20% was a previous support for BTC dominance in 2020 now its can be like resistance Locally we...
Based on the above daily chart, I am making a bold prediction that the HSI has bottomed in Jan 2024. We can see clearly the breakout from the daily chart. What's important is the support level at 16,194, a critical support level that must be maintained ! I will be slowly accumulating this index . Also, watching banks stocks and some tech stocks as well. Please DYODD.
Hello traders. I wanted to do a follow up post pertaining to the weekly outlook. So we did break and close below the 60,300 area, and we see more downside. Now the question is how far will we go down? First, let me say that we have several more weeks and up to the next 4 months of this sideways movement. The longer and deeper the retrace, the better the long...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Potential 10RR swing trade BINANCE:BTCUSDT.P Possible Targets and explanation idea ➡️Watch the logic of entry! Not a 100% so we will sweep 5 march low but looks logical ➡️On a screen just a local range PWH will be like a target for take profit ➡️PDL and sweep March low will be the logic for entry with stop loss ➡️Mark your own leverage and count own stop...
ETH is Pointing Down For a Bigger Correction - Update ETH broke out of a strong bearish pattern thus indicating a bigger bearish wave. ETH moved back again and now is testing a strong resistance zone as I explained on the previous analysis. If ETH breaks down of 3070 the chances are that it can continue moving down more as shown in the chart. 3280 already...
Market conditions are always changing, so we need to be flexible in order to be able to adapt to change. XRP has been shaking... We had a bearish idea and yielded to commentators pressure (one great reason not to read comments) and went ahead to published a bullish idea; the chart was bullish at the time though. The bears came back and we published a new bearish...
🕵️♂️ Let's analyze the EURUSD forex pair together. 💹 In higher time frames, such as the weekly, the EURUSD pair has been experiencing gentle fluctuations and oscillations within long-term boxes. 🕓 However, in the 4-hour time frame, after reaching the resistance at 1.09511, the pair started a downward trend, indicating the presence of sellers in the market....
The March CPI was reported at 3.5%, higher than expected on April 10. This development triggered a sharp decline in the stock market, with a total drop of 8.5% from the recent high. Could this downward movement signal the onset of a major bear market, or is this sell-off simply a retracement, setting the stage for the bull market to resume? We will explore this...