EUR/USD Technical analysis (EWT point of view). On a long term, euro seems to appreciate in an impulse on the upside. On a very long term analysis, the pair is in a bigger correction (WZ). BUY with caution.
Asia created a new LL, at the start of Asia we created a OB, which will be our Entry point for this trade. TP1: would be the Asia Range (3%) and TP2 would be just before the OB before the huge push we had 2 days ago. What do you guys think about this idea? Please leave a comment and drop a follow!
#XAUUSD Gold Break of Structure #BOS Rising Wedge Symmetrical Rejection from Daily Demand Zone Unable to Break the Strong S/R Level 1815
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
#USDT Dominance looking strong #USDT DOMINANCE Keep an eye here as we are in a very bullish pattern atm. Just a reminder that this is very bearish for BTC is USDT dominance increases and even more so for ALT's. That being said it does mean if there is not a decrease in overall market cap then money is remaining in Crypto so essentially there will be a...
I believe BAT will continue to fall for at least the next 20 days. It still has about 20% to go until we hit the floor on Gemini. What do you think?
Yesterday Fed has released the interest rate once again with 0.5 % and closed the year by 4.5 % overall but in conference once again we observe dawish speech during the conference and the most important thing for the Fed and US is to decrease the inflation and come back again to 2 percent CPI data showed that FED did a great job during the dawish policy i do...
It was only in September this year that the British Pound fell to record lows, with the exchange rate hitting a low of 1.0356. Price swiftly reversed after that drop and bounced hard from the record low and back into the consolidation area. We have seen a 19% price move to the upside, above the 1.2000 round number. Now the next level of resistance is the 200...
USDCHF - Intraday - We look to Sell at 0.9329 (stop at 0.9353) Our short term bias remains negative. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Preferred trade is to sell into rallies. Previous support at 0.9330 now becomes resistance. Our profit targets will be 0.9271 and 0.9261 Resistance: 0.9270 / 0.9300 / 0.9330 ...
$XAG Silver - Short term...Where to next? Beautifully within the ranges a break to either direction. Trade Journal
USD/JPY yesterday had a solid reaction to the FOMC release news with a bullish impulse. Today's price may be affected by the release of the US Initial Jobless Claims and the Retail Sales MoM and the Core Retail Sales m/m that shows a decrease in the total sales value at the retail level. Technical Analysis shows the price in a resistance Area in confluence with...
According to the analysis provided in the chart , my commitment in this trade will be shorting the USD/JPY. I have set three take profits level . I will allocate 0.33% for each trade of my total account balance. RISK ON YOUR OWN!
Hey traders, USDJPY broke and closed below a key daily structure support 2 weeks ago. The broken structure turned into resistance and was respecting 2 times in a row already. The double top formation confirms the strength of the underlined zone. I believe that the pair will drop soon to 134.33 / 133.0 levels. ❤️If you have any questions, please, ask me in...
Fed will rise interest rate tomorrow on FOMC meeting USD as Base can buy and USD as quotes can sell
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bullish Rise Type: Bullish Rise Resistance: 4173.25 Pivot: 3913.25 Support: 3751.75 Preferred case: Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly...
Title: Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1508.75 Pivot: 1469.00 Support: 1423.25 Preferred case: Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to...
Title: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise Type: Bullish Rise Resistance: 2023.0 Pivot: 1945.0 Support: 1808.5 Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at...