TradingAlchemist

TradingAlchemist

Small volatility since the beginning of December can help to slowly and surely bring the price down to the support level.

TradingAlchemist

This year, the price moved in a symmetrical triangular pattern. To consolidate this pattern, we need to come to support at $ 1740

TradingAlchemist

The price has broken the falling wedge downwards and consolidated behind the support level. I expect further decline with the first target at 1.1188

TradingAlchemist

We are now in a downtrend. There are no prerequisites that the price is ready to jump up. Therefore, the first target is $ 39k-41k (Binance)

TradingAlchemist

There will be a rebound from the lower border of the descending channel to the middle line of the same channel. Added explanations for one trading situation, study it.

TradingAlchemist

I analyzed the EURUSD chart and I can say: the price has been in a descending channel since the beginning of May, now we have completed the third trend wave and are leaving for a correction to the upper border of the channel. Keep your positions up to the level of 1.149-1.152 Have a nice trade!

TradingAlchemist

In early November, the price was already approaching the lower border of the channel, but this impulse did not receive any development. I believe that the spike at 4H and 1D is a strong signal for an upward trend reversal Have a nice trade!

TradingAlchemist

Bitcoin has a tough time. 1. The price is at the uptrend line, formed since August 2021 and there is a high probability of its breakdown downward, based on the news background; 2. We are at the upper border of the descending channel and now the corrective wave B suggests itself; Have a nice trade!

TradingAlchemist

Gold is consolidating in the 1800-1781 zone. There is a high probability that the price will move from the upper border of the consolidation to the lower border. Stop-loss = 1802$ Take-profit = 1781$ Have a nice trade

TradingAlchemist

According to XAUUSD, a false breakdown of the level of 1800.120 is assumed, after which the price will go to 1770.253. The probability of this movement is considerable. The close of the price for this week is expected in the range of 1770.253 - 1800.120. Have a nice trade!

TradingAlchemist

The coin has a pronounced bearish trend. It is not recommended to buy now. As one of the promising entry points, it is located near the resistance line of the downtrend channel. Have a nice trade!

TradingAlchemist

For the Pound, the situation is similar to the EURUSD. But the pressure from the dollar, of course, GBPUSD felt much more. Immediate resistance at 1.33500 will keep the price down and prevent buyers from closing higher, as expected. Have a nice trade!

TradingAlchemist

Nothing supernatural is expected on the EURUSD currency pair today. Friday and the opening of deals at the end of the week is not the most pleasant thing. Most likely, the currency will still correct upward, but the price this week will close at approximately the current levels. Have a nice trade!

TradingAlchemist

At the moment, the metal continues its downward movement. The target of a small next fall is 1770.253, after which a recovery is expected. If buyers fail to close above 1800, then a fall to 1750 and below should be expected. Have a nice trade!

TradingAlchemist

Bitcoin delays with a fall, but with a high degree of probability it will be. The breakout of the level of 55503.95 is an important moment for sellers, since in this case it is open dearly to 50,000 and below. Have a nice trade!

TradingAlchemist

Buyers of USDCHF will make another upside attempt, as expected, after a pullback to support. The growth target is the level of 0.93800. Have a nice trade!

TradingAlchemist

Insignificant growth is planned for the currency pair. Euro will try to get out of the descending channel and approach the level of 1.13000. Have a nice trade!

TradingAlchemist

In case of further consolidation of the price below the level of 1800.120, sellers would push the price to 1770.253. Therefore, such a scenario is currently being considered. It will be canceled if the level of 1800.120 is broken upwards, then the tool has good opportunities for recovery. Have a nice trade!