#WLD We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly. We have a support area at the lower border of the channel at $4 from which the price bounced We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that is about...
Today we made a good profit in gold long and short transactions, which gave us a good start for this week's trading. First, we shorted gold near the 2323 position in the morning. When gold fell back and touched the 2316 position many times, it stopped falling, so I closed the position near the 2317-2316 position in time to lock in profits in time;Then we went long...
Potential Wyckoff reaccumulation scheme. Perhaps large capital is gaining a Long position before the growth of BTC. Let's see! =)
I am looking for sell trade from fvg zone our target will be next low
TRB recent series of surges caught everyone by suprise. It has risen an impressive 500% in just 3 months. It has undergone muted correction from its peak at 67 before trimming back to 40 levels. Now it's ascend journey has reset so-to-speak with 4h metrics suggesting higher lows and net buying activity at the current range conveying preparation to retest...
If we observe a bullish hourly candle closing above 2315, it suggests that gold may not face resistance until reaching 2329. Therefore, if we see a bullish hourly candle closing above 2315.50 , we could consider entering a small buy position with a stop loss at 2307 and a target of 2329 and if price gets rejection from 2332-38 area we can plan a good sell.
seems like short on long ahead,breaks strong support confirmation as mini range is also there
BNB primed for lift-off! 🚀📈 Riding the Elliott Wave on the 1M TF to new heights! 🌟💼 Are you ready for the bullish journey ahead? 🔥💰 #CryptoTrading #ElliottWaveTheory #ToTheMoon"
From a technical point of view, gold seems to have broken the resistance of the ceiling of the descending angle pattern in the range of 2306-2315 in the four-hour time frame, and now it has targeted the 127.2% Fibo resistance at $2373.
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25900 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25900 support and resistance zone. Trade safe, Joe.
The price retested the 2280 resistance level again in the last session but could not break this resistance level. The price is currently being compressed at the end of the triangle pattern. Please pay close attention to the next price behavior. . We temporarily divide into two cases: Firstly, if the price breaks below 2280, the price may follow the previously...
GBP/USD is grappling to sustain its upward momentum and is trading below the 1.2550 level in the US trading session. Earlier in the day, disappointing April employment reports from the US triggered a USD selloff, propelling this currency pair to its highest level in weeks above 1.2600. However, it failed to hold onto this level and quickly retreated to 1.254. On...
In continuation of our previous analysis on the NASDAQ index, it's important to note a strong resistance zone between $18,000 and $18,100. This range has historically acted as a significant barrier to further upside movement. Furthermore, the chart pattern currently resembles a wolf wave, which is typically considered a bearish pattern. Traders should exercise...
BTC is moving back to the mainstream sensitivity, after the frenzy over the first ETF approval and BTC halving was over. It was clearly evident during the previous week, when the market nervousness regarding Fed's decision and view on economic developments was too high. Namely, increasing inflation in the US is putting in question whether the Fed will have a...
My dear followers, This is my opinion on the EURUSD next move: The asset is approaching an important pivot point 1.0784 Bias - Bearish Safe Stop Loss - 1.0825 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0726 About Used Indicators: For...
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #PEPEUSDT #PEPEUSDT is forming a Bullish flag pattern in the 1D time frame. Soon we will see a bullish move of 80% #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading
The EURUSD pair gave us an excellent pull-back buy entry last week (April 30, see chart below) and has almost reached our 1.08300 Target, which was the 0.618 Fibonacci retracement level: We now turn bearish as not only is the price near the 0.618 Fib but also hit on Friday and gor rejected on the 1D MA50 (blue trend-line)/ 1D MA200 (orange trend-line)...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.9008 which is a pullback support. Stop loss is at 0.8955 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 0.9095 which is a pullback resistance that aligns with the...