US100 Ready to Test The Top Again Price broke out again from a strong resistance zone now turned into support. The breakout looks solid and after the weaker-than-expected NFP data it looks like the market may speculate more about a rate cut from the FED sooner than we may expect. This speculation can push US100 up to the other resistance zones as it is shown...
The anticipated breakout in Bitcoin didn't materialize as expected in our last update. However, there's been a notable rebound in BTC's price, raising the possibility of a potential breakout in the market structure. It's crucial to closely monitor the current market price for signs of either a confirmed reversal or breakout to ascertain the future trajectory....
The 4-hour moving average of gold began to turn upward, forming a double bottom structure, and gradually stabilized. Gold did not fall further, and it dropped to the 2315 line and stabilized and rose again. The Asian market continued to go long on dips above 2315. Asian market analysis 1H resistance is 2331, support below is 2315 4H resistance is 2331-2345,...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about AKRO AKRO THE Falling wedge Breakout has already Done in 6H Timeframe ✅ Retesting in process ✍️ Expecting 30%Bullish wave in Coming day's 🚀
Dominance Tether bounced back higher after hitting the support zone The red range is the dominance resistance, which goes up in case of Sharp's failure In this move, Sharp Bitcoin reaches the range of 52000
#WyckoffMethod #TapeReading #BitcoinForecast Bitcoin is trading in a re-accumulation local trading range. Price Structural Analysis tells us we are currently most likely in Phase C as price is 'testing the lows' of the trading range, forming and accumulation structure of which it is currently looking to breakout. These characteristics of the price action are...
The XRP weekly chart presents a compelling opportunity, displaying a potential ascending setup. Price action has consistently respected the bottom trendline, leading to substantial rallies. The immediate focus lies on the demand area for coin accumulation, while maintaining a stop loss below the trendline. Presently, attention is directed toward testing the...
OM looks very bullish. We can see that the previous downtrend ended with a descending parallel channel on the weekly chart. Now the price is finally breaking out! What is important is to always take a look at the volume indicator. Bullish volume is absolutely very high and at record levels, which confirms the breakout. Whales are buying it, and they cannot hide...
Reaction at the strong resistance line, bearish market structure, us dollar is strong, reacting at the 6.18 level
Possible to drop more. Im still focus for bearish. Trade at your own risk
This local trading range occurs at the resistance of the greater trading range so there is a strong change if reversal.
As y'all know, I entered a position of 10 puts BTO in Apple on Friday. Price has been following/hitting my target boxes for some time now. We have a clear 3-wave move into this latest box, and it matches with my thought process on the S&P as a whole. Not to mention the 4HR MACD looks as if it is about to run out of steam. There is a chance we get another high up...
Pair : NASDAQ Description : Completed " 12345 " Impulsive Waves RSI - Divergence Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 78.60%
EURNZD now hit a really nice area of support and the price reacted really good around it and gave us great bullish price action candle stick. u can enter a buy trade now on this pair or u can wait for the price to come a little lower so u can put a small and tight stop loss. your final target can be around the highest high the price made. good luck all.
Hey guys and girls, Here is an updated chart from my (Nov 12, 2023) post As you can see, this is only half of the battle! Further targets: $ 74k, $ 84k, and $ 100k Appendix: Structure: 5-3-5 (Inverted) Bitcoin halving countdown: 49 Days Technical Section: Wave 5 has two different relationships: 1- If wave 3 is less than 161.8% of wave 1 -----> the...
Gold has completed the ABC corrrective wave in Daily. Currently in H1, Wave 2 flat correction seems almost completed.
GBP/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/GBP Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD...
HH peak settled on H1, make first cup pattern (reaching 200% zone of reversed head and shoulders), completed a rational two (to three) wave sets of abcde, and, if chart wants to complete a tripple peak pattern hitting a diagonal resistance, it can even complete the triangle showing end of accumulation and start of distribution, breaking the zones below, reaching...