BTC although very last stage of the bullish trend.
Today CPI data is upcoming & BTC with US stocks are
in a negative trend, If BTC can resist 22500, it's ok
otherwise it may touch 20500 even around the 19000 level.
Basic supoort resistance model,
Count how many times it's respected -
Now where should it go -
Today lot of GBP news -
So I am watching,
hopefully, after news bias + confirmation will be alright -
Good luck traders, if you like support this -
Hi, Gold diggers!
Today is Non-Farm Payroll day.
Please don't try to be a hero -
just avoid gold and USD related pairs -
better take a break, start your holiday plan -
Next week with fresh breath -
Don't try to eat so-called experts, mentors trap at least today - keep learning,
watching could be a good experience.
In weekly TF GJ is showing bull run, meaning
Fundamentally Pound Starling is getting weak against the Japanese Yen and USD as well.
With the covid pandemic, Brexit, and interest rate hike ( both in US & UK) everything is not going well for the BOE,
So fight against inflation and export-import trade balance, the BOE will be the main SMART-MONEY...
After 1 hour approximately later red folder news is coming on Australian home sales -
And this is my trade idea, 1:2 risk reward ratio.
The overall idea based on AUDJPY in a bearish trend, I like trend, so short place.
The 1D chart is showing gold is in long-term bearish trend.
24th Aug 21 NY session even could not come out of this bearish bias.
The grey area is really nasty - need extra caution to trade.
Without a good scalping experience, better other currencies are good.
Someone is telling, anything above 1800 is sell.
Do you think same or different, please share your views -
The 100 days MA is going to take control over the 200 MA in the longer time frame, I think USD will affect other currencies and favorite XAUUSD.
US economic indicators are bolstering the DXY among the investment banks, retails traders & other market participants, so bye-bye safe heaven.
Looks like this is becoming a critical area for buyers to move forward, most buyers -
1. Profit-taking area
2. Seller's SL area
3. BIg psychological resistance zone,
I took the very short position from here, according to fibbo 1746 is the first destination
The chart I drew is still in a positive direction.
Looking it became tired -
Have a look at previous this gave uptrend withing a channel and this time just a V-shaped.
Oscillators are telling the market is still positive but I think it is giving an opportunity for a short time pull-back, although some friends can tell still no confirmation. I've created a zone for...
Is Dogecoin going to retest its lowest point,
What is going to happen ??
If it turns back can give 40% like last time, otherwise, it may go down to 0.1357 or 0.05 ???
Let's see the reaction first resistance -