AS shown on a 4H chart, UNG which tracks natural gas futures has been rising now for three weeks with the typical demand of the winter months and the cold weather impacting new supplies while Russia's war continues. Volumes are relatively high while dual TF ( 4H and 1Week) crossed the 50 line on December 28. Price has now crossed over the Fib -.5 line of...
APT has been overbought for several months while simultaneously being in an upward trend. Given the future global correction ahead of the major bull market, it is reasonable to short and expect at least a 20% decline. Also, there is a chance to buy an asset 37% below current prices.
The Wyckoff Distribution Schematic is the most feared pattern among the bulls. Volume confirms the bearish price action. Everyone is in full greed mode with pending Bitcoin ETF approvals and the whales see this opportunity to "buy the rumor, sell the news."
HELLO TRADERS HOPE EVERY ONE IS GREAT A LOOK AT THE AUD/USD HIGHER TF PROJECTIONS FOR THE WEEK DXY DAILY BIAS * Should the DXY CONTINUE its bearish trend we looking for the AUD/USD to continue bullishly. *Bias for the DXY IS STRONGLY BEARISH hence AUD/USD WE'RE STRONGLY BULLISH Sentiment wise AUD/USD DAILY TF Similarly to the EUR/USD * We saw a Big...
GOOD DAY TRADERS HOPE EVERYONE IS WELL A look at the EUR/USD ahead of the week DXY ( - CORRELATION) * Should the DXY CONTINUE its bearish trend we looking for the EUR/USD to continue bullishly. *Bias for the DXY IS STRONGLY BEARISH hence EUR/USD WE'RE STRONGLY BULLISH Sentiment wise. EUR/USD DAILY * We see a Big indecision candle close on...
the large volume in the bottom is a clear indicator for the movement. Buyers defeated sellers.
A good opportunity to buy from the blue zone We have MSS or BOS like we see at chart the is what i see maybe you don't consonant with me so trad what you see bro Have a good luck
SPOT has made a nice and tidy breakout of the wedge on the daily. Looking to enter on a break of Thursday's high around $195.50. Targets $200 $202
Price moving to supply $5.60 , i missed the buy in at $5 so going to wait see if it falls bacl to $5.30 or so should be a decent buy. Strong fundamentals.
since Dec 5th 2023 bitcoin has been in a trading range sometimes even creating new higher highs (45879 high) but no follow through until Jan 3rd market did the strongest down move with the biggest volume signature but the result of it was not that bearish since it closed near it's high that, that move made me think that the market is still supported by buyers and...
my question is did i identify the liquidity run correctly? which one would you trade? both? my strategy only allows for a trade after a liquidity run i would say the first trade is very risky for me but i'm curious to see if others would trade these both or just one? i saw the whipsaws and how there isn't really much of a pattern, i also noticed a few spots...
would opening a trade on something similar to this be profitable? r roughly an 8hr trade. its only one example i found if i can find a repeatable pattern i will backtest it to see what the profit would be and report back. Pretty new to this i understand supply and demand once i figured that out well tech analysis got easier. although price action is fun you get...
New Top, Old Resistance: Mixed News Question Bullish Supertrend Dear Esteemed Traders, TECHNICAL ANALYTICS Zooming out on the chart, ES hit a level that might be a resistance since January 2022, formed by a previous top. Historic tops often act as a resistance. Alone this would be a weak indication, but the price managed to hit that level at the same time...
Hello guys. I etered long in usdjpy and again i am correct :))) So after breaking the downward trendline now we are in upward movement. So in my mind getting long at desirable area is a good idea If you nees help or have a question please comment it fellas Don't enter the trade which is against the market structure specially if you are in your early time of...
Breakout of resistance on monthly timeframe, crossed 50EMA with good volume and big body candle. Fresh volume incoming, and about to break trendline soon. One can enter at CMP, or after it breaks trendline for sureshot position.
You can see it online With the shrinking trading volume linkA potential head and shoulders top appears here This is a more common type at the top Therefore, you can next pay attention to whether the neckline falls below due to heavy volume. If it falls below TP, it will fall around 9.9 #The cryptocurrency market has high risks, please carefully evaluate...
Technical: Inverse head and shoulder on monthly chart. Price is following the pattern. Height of the head is 140 points Volume and RSi is supporting it. Relevant target : 320 STOP LOSS: 250 **These are my personal observations. Please trade at your own risk.**
Mina getting ready to pump ●Mina left the Weekly FVG unfilled...either its going up from here or it'll visit ,0.9935 level. ●Mina is Bullish if we don't lose the Weekly FVG. ●Buy some at CMP and DCA more if you saw Mina coming down at the Weekly FVG ●Target For Mina are clear $2.1 $2.6 $3.5 $4.2