FX:GBPUSD price fail due to DXY remain extremely bullish, though we thought price would rise up in our 1 hour timeframe and then continue dropping. However, DXY bullishness momentum was extreme and it kept on dropping. We might see some correction where price reaching around price region and then drop from that area. If you like our work then please do like and...
The dollar index pair broke the resistance level of 1.04500 and closed the candle body above the 1.0500 level. the market gives some retracement at the 1.04500 level and further goes upward at the 1.0700 level which is a strong resistance level.
The gbpusd pair breaks his support level which is 1.25200. The market creates a higher low structure. Daily candle body closed below the 1.2500 level, the market gave some retracement and then downward to the 1.2200 level which is an order blocker. If there is no stop then the higher support and demand area is 1.2100.
As we can see that XAUUSD has bounced from the confluence of two well respected trendline. It can be a bit risky because of the strong bearish momentum that we witnessed on last trading day but XAUUSD is still bullish because the structure is still not broken.
💹 Let's dive into analyzing the favorite coin of Ethereum whales, CRV. 💰 Firstly, if you examine the wallets of CRV holders, you'll notice some crucial aspects. Most Ethereum holders also hold a significant amount of this coin in their wallets. We'll discuss this further after the analysis. 🔄 On the weekly timeframe, we're essentially stuck in a range-bound...
✅ Floki Inu(FLOKI) fell more than ➖30% , as I expected in the previous post . 📈The Floki Inu(FLOKI) has started to rise again but I expect the Floki Inu(FLOKI) to continue falling again. 🏃♂️Floki has already succeeded in breaking the uptrend line . 🔔I expect Floki Inu(FLOKI) to at least fall into the 🟢 Support zone 🟢. ❗️⚠️Note⚠️❗️: An important...
The price could not touch its previous high and also broke the trendline Considering the stronger downward momentum, I consider scenario 2 more reliable
SPX500 at has reached at resistance level according to weekly chart..The next step is to look for sell entry and observe risk management.
JPM has 2 plots playing out, a rising wedge nested with a larger broadening wedge. We have negative divergence showing up on TSI & RSI showing that we might reach an early peak in current weekly cycle. Though price is above the a horizontal resistance, there is a higher probability that this is a false breakout. A weekly swing high can be a signal for an entry...
OKX:TONUSDT BINANCE:TONUSDT.P Hello traders. 🔵TONCOIN is my Second suggestion for the altcoin market.🔵 As you can see, the price has broken its long-term triangle structure. As long as the price rally is ongoing outside the pitchfork structure, the $5.7 and $7 targets are active.🎯 Considering the previous price rally, there is a possibility of a price...
TVC:DXY FXOPEN:DXY Hello dear traders. ⚡️ In this post I will track the DXY movements from 12 Apr - 18 Apr. 📈 What to Expect? 💡As long as DXY is above the midline of the pitchfork structure, the bullish scenario is quite valid. The bullish scenario targets are on the price chart. ⚠️Important Note⚠️: The price movement has been drawn a little...
quite simple buy of the structural bounce back up to resistance. the first entry is at a horizontal level, the second one right at at sructure
Real-time crude oil market analysis: Futures crude oil prices are rising slowly, with real-time quotes at 86.8. Let’s first look at the position breaking situation between the hourly upper rail of 87.2 and the hourly lower rail of 85.8. If the position breaks upward, pay attention to the pressure range formed by the 4-hour Bollinger Band upper rail of 87.5 and...
Gold prices hit a record high on Friday as demand for safe-haven gold surged amid concerns about geopolitical risks in the Middle East and was on track to rise for a fourth consecutive week. Gold prices are expected to rise further as demand for safe-haven assets rises as central banks ramp up asset purchases and investors become increasingly concerned about...
Dear friends, gold is crazy today. During the day, gold rose by $59 from around 2372, reaching a maximum near 2431, and then fell by $70, hitting a minimum near 2361. It's a crazy roller coaster ride. I think some people are happy and some are worried in today’s market! At present, there is no reliable technical reference for gold in the short term. As for why...
Dear friends, gold is crazy today. During the day, gold rose by $59 from around 2372, reaching a maximum of around 2431, and then fell by $70, with a minimum of around 2361. It's a crazy roller coaster ride. I think some people must be happy and some are worried in today's market! At present, there is no reliable technical reference for gold in the short term....
Looking on the 4H chart we are trending up which is a good indication for us to bullish, but waiting for a perfect entry on a lower time frame is always good. To reduce overall draw drown. It's the weekend and this is my last update. Go out spend time with family, enjoy your weekend.