Trendline breakout done. Retest also completed. Now its time for momentum and rally. RR = 1:4 that is approx. 40% on ROC SL should be kept below the 50 band low as per our POM System.
hello traders, this is my idea for #BTC in short term, look at the red shadows, those are sign of sellers power and according to big time frame (Weekly) price has been reached to the 0.5% Fib retracement, and the last week candle was red, hope to hear your thoughts in comments, hope you guys be fruitful.
-By reaching the resistance area of 43500-44000, Bitcoin may lose some of its momentum. To collect more and more powerful liquidity to break this resistance area, it is possible to return to the support area of 42750. -By reaching this support area, it gains more strength and momentum to continue its trend and goes up to the level of 46000.
FOREXCOM:GBPCAD is forming a trend change. The price is breaking the key support area and most likely the fall may continue within the channel. The Canadian is strengthening a bit stronger than the pound sterling, which is losing ground on the background of fundamental politics. On the chart we see the formation of a fresh descending channel, but the range...
Gold D1 decreased yesterday, but the price bar had a narrow range so it did not show strong downward pressure. Yesterday's D1 bar fell inside the previous D1 bar to create an inside bar model, showing cumulative price compression. The main structure is still the larger inside bar model in D1, so we have a double inside bar, showing deep price compression, easily...
EURUSD 4h ABC corrective wave AS EURUSD is in Bullish Trend, this a counter trend trade with loss Risk: Reward. This trade will be not valid if the price action breaks the 1.1010 and close. SL @ 1.10105 Entry @ 1.0960 TP 1 @ 1.0852 TP2 @ 1.0820 Note: This analysis is for the educational purpose. Note: Trading is the subject to market risk....
FOREXCOM:XAUUSD continues to consolidate. The market is forming a range after the shakeout, manipulation by the frs, unstable fundamental environment. Let's get to the bottom of what's going on. The price is testing strong resistance on D1, but on the local timeframe both gold and TVC:DXY are in consolidation. Technically, the dollar is showing hints of...
FOREXCOM:EURCAD is forming a standard bearish setup on the background of the forming downtrend, as the Canadian is getting stronger than the Euro and thus changing the market direction. On D1 we can see that in general the currency pair is in a global range and it is impossible to identify any key trend, so it is acceptable to trade both buying and selling...
meme coin can pump here i think maybe for double waiting for whale move
EURUSD price action hasn't changed much, we see the price still trading around the daily and weekly resistance zones. Currently there is no signal of price reduction so it is impossible to sell. For the time being, please continue to monitor this current resistance area. If the price forms a nice sell-down signal or in a low time frame you see the price changing...
After falling sharply from the 1.10 resistance area and creating a bearish signal (rail pattern) on the daily, EURUSD had little fluctuation in the past session, with no significant changes. As mentioned, short-term rallies will give bearish bettors more advantageous entry points, you can wait to buy at the resistance zone.
Given my Trendlines that you’ll see on my Analysis. The Trendlines have been broken and in line with 4 H Keylevel .
FOREXCOM:XAUUSD remains within consolidation for several days. The market stands still due to the uncertain fundamental environment. The CAPITALCOM:DXY stands in a narrow consolidation, but at the same time forms an ascending triangle, which can be interpreted as bullish consolidation, pushing the price to resistance with the aim of breaking the limit...
FOREXCOM:GBPUSD on the back of Powell's loyal speech regarding further rate cuts, but which he has now left unchanged, and also on the back of inflation, which is falling much slower than he would like, is strengthening and updating the high to 1.279 . On D1 we see how the price reacted to the news that came out on Wednesday. Price tests the MA-200 on...
Looking good for short term . blockbuster new tollywood movies releasing in Dec & trend also positive .
The market has entered a time of year when capital flows dominate fundamentals, making it difficult to determine the cause of any market movement. Markets are paying attention to the Red Sea crisis and how the United States will respond to this threat to global shipping. In addition, gold also has fundamental support as the Fed turns to a dovish policy and the US...
Ethereum COINBASE:ETHUSD is forming a conglomeration of bullish patterns amid a strong uptrend that continues to show chic preconditions for further growth. On W1, the price forms a retest of the resistance of the uptrend range. The price successfully fixes above the strongest support zone 2041 and in fact the bulls define for themselves the lower boundary...
World gold prices inched up slightly as traders are waiting for important reports to know more signals about interest rates in the near future. World gold prices increased slightly this morning with spot gold increasing by 4.7 USD to 2,062.7 USD/ounce. Gold futures last traded at 2,040.7 USD/ounce, up 5.5 USD compared to yesterday morning. World gold fluctuated...