Trading Plan for Wednesday, March 20th, 2024 Market Sentiment: Extremely cautious ahead of FOMC decision Weekly Volatility Risk: Extremely High (FOMC) Supports to Watch: Immediate Supports: 5236, 5230, 5220-17 (major), 5212, 5209 (major), 5202, 5196, 5192 (major), 5184, 5169-71 (major), 5162, 5155-57 (major), 5147, 5137 (major), 5126 (major), 5117, 5100-03...
NEARUSDT Buy at HL (also 0.5 FIB , trendline support intact) SL , TP mention in chart
Price just tested the trendline and bounced off to the upside. A buy opportunity is envisaged form the current market price. Target is 50pip
STCL Buy at HL (also 0.5 FIB , trendline support intact) SL , TP mention in chart
CADCHF Buy at HL (also 0.5 FIB , trendline support intact ) SL , TP mention in chart
GBPCHF Buy at HL (also 0.5 FIB , trendline support intact ) SL , TP mention in chart
GBPUSD had its second consecutive down day after Friday, but the downward pressure weakened because Friday's D1 bar had a narrower range than the previous down D1 bar. The price inched down from the lower boundary of the Inside bar pattern, and if the bottom of this pattern is successfully broken, it is likely that GBPUSD D1 will decline further. A small...
GBPUSD responded to the support zone around 1.2675, and formed a nice kangaroo tail candle that could be bought. However, currently this candlestick has not been matched, moreover, if we trade in the daily frame, we can only earn more than 2 Rounds of profit from this area. If you trade multiple time frames, you can go to the lower frame to find a signal to...
First target hit as you can see: now we are looking for range here and soon after orange zone break more dump is expected but if the orange zone support reamin valid then we can expect rise and more pump for bitcoin and then next ATH would be 82000$ at least. DISCLAIMER: ((trade based on your own decision)) <
Watch for our strong selling purple to continue to push us down to support at orange. If however yesterday's push down was to prove tapering on orange, we could see a breakout of purple and be back within our magenta tapered controlled selling to continue to move up. Keep an eye out and I will update you as price develops! Happy Trading :)
GBP/AUD is presenting an intriguing short opportunity on the weekly chart as the pair inches towards a key resistance zone near the 1.95000 handle. The currency pair's recent uptrend is losing steam, with a clear resistance level forming, offering an advantageous entry point for a short position. Observing the convergence of the downward trend line and the...
A correction to major bullish trend stopped around Fibonacci 0.5 level. A continuation of ascending trend to 1 Fibonacci level is expected to happen.
🔎 Fundamental analysis (📈 Bullish) The Ethereum team completed the Cancun-Deneb ("Dencun") upgrade after switching to proof-of-stake (PoS) 18 months ago. Shortly, this upgrade changed how data is stored on Ethereum, making it significantly more accessible and also cheaper to record layer 2 transactions. 👨🏻💻 Technical analysis (📈 Bullish) On a daily timeframe,...
We finally got the breakout we were waiting for on PDD and the makers set us up perfectly for a post-earnings gap up. Happy for everyone who followed along our analysis and held strong on this one. Or maybe even added on the dip like I did. We can expect some resistance at top of yellow here before a retest of white tapered selling and then an attempt to...
You all know that BINANCE:ARBUSDT will experience massive token unlock in the next 4 days, this is March 16th 2024 precisely. It is going to be an opportunity to get in ARB coin, I am tipping ARB for a massive run after the sell-off is completed. We are going to buy with this strategy as marked out on the chart. Then we will ride this to the top. Note: I am...
Polyx shows a new increase in volume, which could be confirmed in the coming time frames. We will follow the coin to see if it's able to confirm. The reason for the volume is the trend data that this coin shows. This coin is a basic choice on daily trends.
WEN shows a new increase in volume, which could be confirmed in the coming time frames. We will follow the coin to see if it's able to confirm. The reason for the volume is the trend data that this coin shows. This coin is a basic choice on daily trends. Data shows that WEN is at an important point and able to break soon.
Bank nifty short term view-: Bank nifty taking support near 46000 and it taking reversal from this zone.