Price could dip into discount, mitigate some 4H zones and then go higher. Wait for confirmations before going long. GLGT.
Price could dip into discount, mitigate some 4H zones and then go higher. Also notice the equal lows (liquidity) just above the 4H zones. Wait for confirmations before going long. GLGT.
M/W/D are all bullish. Price can dip into discount, close the weekly FVG and get rejected from bullish 4H zones as marked inside the weekly OB+ Eventual target is the M+W upside liquidity Do note : there's a bearish breaker in formation after price rejected from the D OB-. However, since every timeframe is bullish, I would rather buy than sell. Wait for price...
Bitcoin continues to face selling pressure throughout the week and volatility has shrunk to an all-time low. As much as bitcoin is heavily discounted, conviction to buy bitcoin remains in a slumber amid heavy criticism from big crypto influencers such as Elon Musk and the constant crackdown of crypto mining in China. The crypto market is expected to remain...
Oil prices continued to stay uplifted amid rising commodity prices due to fast-rising inflation despite a recent selloff in March. The consolidation phrase seems to be ending as a breakout of a symmetrical triangle that occurred last week and the week ended with the price closing above the consolidation structure. Besides, the entire consolidation which has now...
The US market continued to recover from a major pullback in early May, resulting in another monthly gain except for Nasdaq. However, recovery has slowed down over last week and the bulls seem to has become sluggish but the same goes for the bear as we don't see any significant attempt in the market to sell. The stock market is somewhat expected to rise amid...
Gold was pretty much as bullish as expected, resulting in the biggest monthly gain in 10 months. The gold continued to prove its value in times of uncertainty and rising inflation, coupled with falling asset prices, causing higher demand for the safe-haven assets. We continue to see the gold pushing higher towards 1950 before any strong selling may occur. This...
EURUSD posted another weekly gain but leaving a long upper shadow for the 2nd time as it continued to face resistance. Although EURUSD has been constantly trading higher, the weight has started to shift towards overbought. The dollar might gain more demand amid falling asset prices which may cause a temporary pullback on EURUSD's current bullish trend. This...
I think BTC have down trend to 34~31K , after that we have a triangle(Sideway) to make a Flag
Gold fell into a range last week after creating a new high at 1845. Although resistance at the 200++ moving average did create a reversal candlestick formation, the price found support and quickly parred all losses in the week. Gold is now at a critical juncture as the last line of defense (200++ MA) before a potential parabolic bull run. Given the current...
EURUSD was range-bound last week and the price has returned to where it began. While the 4-month resistance at 1.2170 has continued to reject the bulls, selling pressure is seen diminishing as higher lows were created, forming a rising channel. EURUSD has turned bullish since the beginning of April 2021 after taking a sharp reversal at the bottom of a 1-year...
The Aussie will be highly watched this week as RBA releases its monetary policy as well as employment data. AUDUSD was somewhat bearish last week as it fell but found support and recovered half of the loss. The rebound came from multiple technical support such as the bottom of a rising channel as well as moving averages. Otherwise, AUDUSD is technically a...
- P/E : @ 45 .54 . Third highest reading since "1875"!!! Tops land. 2% from becoming the 2ed since 1875 . " Usually bottom of crashes not tops". I guess P/E is becoming "Irrelevant" to investors with M2 getting fatter ;-) . - SPX's Dividend Yield: @ 1.37 Possible target is 1.10 2000's bottom !!! US10Y @ 1.63 "consolidation Mood !!" -Historically 10y note has a...
It is proven that history often repeats itself on every aspects As we can see at the GBP/USD Chart, in 17th Apr 2018 GBP reach its peak at 1.43767 and start falling deep afterward the trend as we can see right now is still Bearish and if it continues, the chart might go down to 1.29514 I put Resistance and Support line on the chart for more confirmation before...
hi friends in this Idea I will post more than 20 crypto Weekly outlook Analysed by Shibo Algorithm as this Algorithm is Under develope and test so i Advice to Use these predictions along with other analyzes.keep in mind the flagship of my weekly predictions is BNBUSDT linked in Related Ideas
USDCAD Weekly Forecast - keep looking for sell - targeting level 1.25000 or lower this week - if price drop impulsively then targeting towards level 1.35000 and below Note: it has a potential longer target and I'm still in the trade
Here is my strategy: First of all, since the last pullback in early January, Volume has been decreasing even though we saw higher highs almost every week. I think this situation calls for a bigger correction than we have been seeing in the past two weeks. The last structural level that is under the recent low price ($47k) is $41.986 indicated by the yellow line....
Here we go over what stocks we are watching for the coming week! As well as a quick recap of last weeks video! Seeing a lot of good opportunity out there! AMAT NASDAQ:DKNG NASDAQ:PTON NASDAQ:FB NYSE:SKLZ