Trends into today are; Last Macro Trend Signal Spots (ES Contract) 30m - 5111 Uptrend (4/17/2024) Lower High 1Hr - 5220 Downtrend (4/12/2024) Lower Low 2Hr - 5203 Downtrend (4/12/2024) Lower Low 3Hr - 5197 Downtrend (4/4/2024) Lower Low 4Hr - 5197 Downtrend (4/4/2024) Lower Low 6Hr - 5250 Downtrend (4/2/2024) Higher Low 12Hr - 5204 Downtrend (4/4/2024) Higher...
As visible in the chart, we have a well-established bullish trend and market structure in the daily timeframe chart of ETH. Following the formation of a top on March 12th, 2024, the price initiated a corrective bearish move, corresponding to an ABC zigzag correction and retracing approximately 61.8% from the previous bullish move. Furthermore, the price has...
Today's focus: AUDJPY Pattern – Continuation Support – 98.90 & 98.35 Resistance – 100.20 & 100.60 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the AUDJPY on the daily. We could have a new continuation forming as buyers have beaten yesterday's high backing in a second positive session. Australian employment data came in mixed...
GBPUSD FX:GBPUSD - Mar. 12th, 2024 BUY/LONG ZONE: 1.27970 - 1.29425 DO NOT TRADE/DNT ZONE: 1.27550 - 1.27970 (Extended area would be 1.26950 - 1.27970) SELL/SHORT ZONE: 1.25355 - 1.26950 (Extended area would be 1.25355 - 1.27550) Weekly: Bullish Daily: Bullish 4H: Bearish 1H: Bearish Previous bullish target is shown and for the visual I did extend it on the...
The rally that happened in the Cable due to the news has seen a follow-through that created the Bullish MH3 (Green Wave). This trend however has been weakened by the pullback of Structure 4. This price has traded below the prior Structure 2. Having said that, the price is still firmly trading in the Buy Zone of the Fibonacci measured from the low to the high of...
Price has correctively reached an important medium-term support zone , which is further reinforced by the presence of the 200EMA. Additionally, we observe that the price has taken out liquidity from the low and formed what appears to be a double bottom pattern. These indications suggest the possibility of a bullish continuation move, potentially driving...
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
MOET HENNESSY LOUIS VUITTON OTC:LVMHF MIL:1MC - Mar. 13th, 2024 BUY/LONG ZONE (GREEN): $939.75 - $1,000.00 DO NOT TRADE/DNT ZONE (WHITE): $896.00 - $939.75 (can be extended for $875.00 - $939.75) SELL/SHORT ZONE (RED): $821.50 - $896.00 (can be shortened for $821.50 - $875.00) Weekly: Bullish Daily: Bullish 4H: Bullish I labeled the end of the most recent...
Once again Bitcoin is Re-Testing my Multi-Year TrendLine as support. The last 3 daily candles each have a wick poking down at it. Will it hold? So far it has but with each passing day and retest, the chance grow less and less likely. As long as we remain above it, I am long. A drop below would have me taking risk off and waiting for a better price below somewhere.
FLOOR & DECOR NYSE:FND - Apr. 4th, 2024 BUY/LONG ZONE (GREEN): $123.50 - $133.75 DO NOT TRADE/DNT ZONE (WHITE): $121.00 - $123.50 SELL/SHORT ZONE (RED): $110.50 - $121.00 Weekly: Bullish Daily: DNT 4H: Bearish Viewing this mainly as a short opportunity but keeping my eye open to the upside as well. Looking for bearish structure to continue to develop on the...
There is a possibility that it may fall after giving an upward correction. If the price defends the invalidation area, it can go to higher levels. If it doesn't, it can target lower levels.
This is a good time to accumulate ( DCA ) AAEVE here at this level. Do not bee greedy DCA is the king. Happy Trading
World gold fees hit a file on April 9, way to shopping for sports and geopolitical risks, whilst interest became directed to the assembly mins of americaA Federal Reserve (Fed) and inflation records of this country. Minutes of the Fed assembly and records at the purchaser rate index could be posted on April 10. Gold is taken into consideration a secure haven from...
Tesla NASDAQ:TSLA NASDAQ TVC:NDQ BUY/LONG ZONE (GREEN): $195.75 - $260.50 (BUY ZONE ADJUSTABLE DOWN TO 208.50) DO NOT TRADE/DNT ZONE (WHITE): $177.25 - $195.75 (DNT ZONE ADJUSTABLE UP TO $208.50) SELL/SHORT ZONE (RED): $113.00 - $177.25 Tesla broke out of its range lasting from Jan. 25th - Feb 15th. Breakout price was at 195.75, the Feb 15th daily candle...
TAKE-TWO INTERACTIVE SOFTWARE NASDAQ:TTWO - Feb. 28th, 2024 BUY/LONG ZONE (GREEN): $153.00 - $168.45 DO NOT TRADE/DNT ZONE (WHITE): $143.65 - $153.00 SELL/SHORT ZONE (RED): $133.00 - $143.65 Weekly: Bearish Daily: Bearish 4H: Bearish Currently in a DNT zone as it would be unfair to automatically wait for price to drop and then say it's a bearish area;...
Technicals: CRYPTOCAP:DOGE has broke through a Major Support of $16 and looking to fetch higher towards all time highs The Dogecoin community remains active and engaged, with numerous developments and initiatives that could potentially drive the coin's value higher. For example, there have been discussions about the potential implementation of Dogecoin...
Let's thoroughly analyze this currency pair on the final day of the week to potentially open positions once the market resumes activity. 📊💰 In higher time frames, many currency pairs are currently consolidating without a definitive trend, but lower time frames reveal promising trends.🎯🕰️ On the daily timeframe, whenever we approached the downtrend line,...
Job data this morning caused a movement exactly as I anticipated and discussed yesterday. The move lower I suspected came yesterday as I anticipated, so now I'm just looking to see if we can move below this 5204 12hr support line. To date, the 12hr has been the major support level to stop any movement down since November which is why we have not seen a Daily trend...