EURUSD ready to move down. US and UK sessions may diverge the price direction.
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair. - Price action is close to multiple Supply zones - Price action is close to multiple Resistance Trendlines as well - Targeting the 50% Fibo retracement for this trade ...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is at last month's Resistance Trendline - Price action is in a Consolidation zone - Targeting the 38.2% Fibo retracement Fundamental Confluences for Trade: - ECB plans to cut interest rate next month...
Does the selling action on Thursdays S&P 500 indicate that new sellers are entering the market or are buyers selling to take profits? Friday's price action will give us additional clues about who's in control as we go into the weekend.
My Idea to the final of this week. - SL 2405.55 - *Entry 2390.22 TP1 - 2357.42 TP2 - 2344.02 TP3 - 2317.52 Its always risky trade when Fed talks but, no pain, no gain. No risk no learn. I got my shot.
Well didnt get my pullback, But im in calls, I think we are going to keep breaking structure to the upside and retrace to 1060 area.
GME SAVE THE TAPE! Back in June 2021, I warned people to GTFO out $GME when it was trading at $212 Today it trading at $20 and about to waterfall again. Despite my several follow-up warnings over the last year and a half people continue to fight me on this. SMH!
please dont take my opinion as financial advice i'm just a 17 year old with some speculations. with that being said let me explain myself. With the fed pausing still i believe we will keep rallying till we see our first cut once we get that first cut it'll be the market top. The fed has been sitting on their hands for way too long and with inflation sneaking...
NASDAQ:LNTH has been exhibiting tame behaviour now that the uncertain period during down trend has caused unnerving traders to buy and sell. It has reversed with strong earnings recently and now is on the uptrend forming the 2nd #Goldencross. I am selling my house so to speak to go all in. LOL.
AUDNZD can ride further down from here. Economic events on Monday can really act as a catalyst to give it an impulsive move down.
Bitcoin opted for the most positive scenario in my previous idea. It represented the most favorable outcome, so I am also hopeful that this is what will unfold. There is a significant liquidation heatmap of + SEED_TVCODER77_ETHBTCDATA:1B at $67,500. Since the bulls have already managed to pump to GETTEX:64K , it would be a shame to miss this opportunity to...
There are many reasons why CRYPTOCAP:BTC could actually fall further from this descending channel, both on the chart and in the macro economy. Let's dig into my reasoning and how I came to this conclusion. Here is a list of negative factors: The macroeconomic outlook is bad. We will likely see poor CPI reports and disappointing FED meetings in the coming...
Bitcoin finally revealed its direction and its bullish. On the chart we can see 2 parallel channels. The first one is currently breaking out and there is no doubt that the second parallel channel will break as well. Next resistance is exactly at the top of the first parallel channel, I am expecting a pullback from this strong dynamic line. From the Elliott Wave...
The chart shows the ratio USI:VOLDQ / CBOE:VXN VOLDQ is a measure of NASDAQ breadth in terms of volume. Its the difference between NASDAQ's up and down volume. VXN is the volatility index for the NASDAQ. Bearish case: The ratio is very extended and that historically coincides with significant reversals. Bullish case: If available liquidity is on a tear...
Notcoin ( GETTEX:NOT ), a play-to-earn clicker gaming application on Telegram, has launched its airdrop, distributing over 80 billion GETTEX:NOT tokens among its community members on The Open Network blockchain. Over 90% of the tokens have been allocated to "miners," with the remaining 7.9 billion being redeemable from non-fungible token (NFT) vouchers. The...
The major trading opportunities next week could be front-loaded, with significant events occurring from Monday to Wednesday. USD Seven Fed officials are scheduled to speak on Monday and Tuesday, followed by the release of the FOMC meeting minutes on Wednesday. AUD The Reserve Bank of Australia will release the minutes from its latest interest rate...
PEPPERSTONE:XAUUSD Gold has been on a bullish run for the past few days. In-depth analysis has been done and I felt that market is coming to a state of exhaustion. I am waiting for the bearish run to begin, but I wouldn’t enter without any strong confirmation. So, currently I am waiting for the market to break both 1H SSL and a mitigation before continuation...
in-line result and 2Q and FY guides are a touch below consensus. that's a no-touch in this environment. let's be clear - great (if not the best) IT transformation co that will benefit from a lot of the secular trends in the coming years. however, in order to sustain software-esque multiples >20x PE... you need to be beating/ raising and doing something that's not...