Price has been souring higher for a long time now because of the geopolitical crises. looking to catch a short term long trade on the hour time frame demand/CP pattern before prices starts a major correction lower on the higher timeframe.
From a technical analysis, the daily chart of gold showed a strong performance Thursday, closing as a big positive line and directly breaking through the middle track of the Bollinger Bands. Under a bullish trend, the market turns from weak to strong. The next step of focus will be the high point of the daily Bollinger Band track, which is expected to be located...
5/10/24 - vrockstar - took an hour to deeper dive this y'day (as i was forced to having gotten an average entry of ~$24/shr last night). the conclusion here is - you might see a retrace (which is what i was playing), but the story is defn a whole lot more complicated than meets the eye. perhaps on a valuation front, which is what i do, the FCF is practically all...
Going long on bitcoin, ive taken a couple of small losses trying to get this trade, but we have recovered losses. new low risk trade opportunity and capture the news momentum.
Bullish flag formation on #THETA 12H chart. It is heading toward MA100 which is flag resistance. In case of breakout, the targets are:
$2.818
$3.201
$3.820
Avalanche is trading inside a nice sideways tunnel, jumping from one side to another without any attempts to breakout or breakdown.
We are now looking for a possible touch to the lower side of the sideways tunnel, from where we will be looking for a potential buy-in!
Meanwhile, we see a good rejection from 100EMA and a possible good further movement to lower...
Opening Range Breakout Strategy
The Opening Range Breakout (ORB) is a classic trading strategy designed to capitalise on volatility during the first few minutes following the market's opening bell. Rooted in principles laid down in the 1960s, the strategy remains relevant today for both stock and forex markets. This article dives deep into the ORB strategy and...
What is Ethena (ENA)?
Ethena is building a derivative infrastructure to allow Ethereum to transform into a global internet bond via delta-neutral positions on stETH, creating the first cryptographic revenue-generating stable coin: USDE.
Website www.ethena.fi
Fundraising cryptorank.io
Westnig(unlocks) cryptorank.io
Athena allows users to deposit USD,...
Greetings Traders!
Join me in today's video as we dive deep into the GBPUSD analysis, exploring what to expect in today's trading session. This analysis holds significance as it sets the tone for next week's trading as well. We've reached a critical juncture on the GBPUSD chart, so it's essential to understand what lies ahead.
Stay tuned for valuable insights,...
Hello dear traders!
In general, this pair has broken out of the wedge, signaling that an uptrend is gradually being realized. It is currently trading at 1,253 and is up 0.08% on the day. But! At the same time, the head and shoulders pattern is gradually forming. Theoretically, prices should strengthen further in the near future supported by the fact that after...
Monthly chart shows AMEX:FM was in a 17-year long WXY correction which bounced strongly at the 0.618 fib (common for a truncated last wave for long-term correction).
The Daily shows that it has been nesting to the upside and is very close to breaking above the previous pivot. Once it breaks above, we can confirm that the correction has ended.
Looking at...
Market Analysis: Gold Price Regains Strength
The gold price started a fresh increase above $2,320.
Important Takeaways for Gold Price Analysis Today
The gold price started a decent increase from the $2,300 zone against the US Dollar.
It broke a key descending channel with resistance at $2,315 on the hourly chart of gold at FXOpen.
Gold Price...
