If you haven’t reentered Bitcoin in the buy area: Bitcoin has recently shown signs of being inside a bullish flag chart pattern, a technical setup that traders often interpret as a continuation signal. This formation typically suggests a period of consolidation before a significant price movement in the direction of the prevailing trend, which, in Bitcoin's...
If you haven`t bought ZM before the previous earnings: Then, after analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week, I would consider purchasing the 65usd strike price Calls with an expiration date of 2024-12-20, for a premium of approximately $8.00. If these options prove to be profitable...
The Hero indicator shows a buying signal, and the MasterCycle indicator is above the bullish cloud. With the resistance break and the new support area to be tested , we might witness a short-term uptrend.
My buying scenario involves breaking below the support area and then bouncing back up. The MasterCycle indicator signals a downward trend as long as it's under its cloud. However, when candle movements are in areas below 25, the MasterCycle indicator indicates the best entry point with optimal risk-to-reward ratio.
For tomorrow, the resistance areas are: 2400 and 2410. The support area we're finding on the M30 is at 2380. These levels will perform tomorrow, and we should also keep an eye on geopolitical events. Additionally, tomorrow we have Unemployment Claims news affecting us.
OANDA:GBPJPY The H1 trendline of GBPJPY has been broken, and the setup has already been shared in the e minds. Now, we just need to wait for a retest for the entry setup to form. Also, there is support, which will act as resistance. Support levels are: 196.100-195.900. The entry has been taken from the H4 Fibonacci level of 0.786
📈🐂 EURUSD Analysis 🐻📉 🔍 Currently, EURUSD finds itself at a crossroads, caught between two vital daily structures. Looking ahead to next week's potential moves, here are two scenarios to watch: 1️⃣ Bullish Outlook: If the market breaks the trendline and seals the deal with a solid close above a hefty resistance line forming a substantial falling wedge on the...
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
This analysis might look pretty crowded but actually there is simple logic behind this. After each bearish season place "Fib speed fan resistance" from top to bottom. We can observe there is no bearish scenario after we break 0.75 blue fan line. There might be red weeks but after all its end with bullish scenario. End of bullish scenario can be found from Pi Cycle...
About: The Growth/Decline Index is a "parabolic sar" based indicator that mainly has two functions. The first function is to display when price growth or price decline will occur by displaying increases or decreases of the GDI and inflection points. The second function is to rate a stock's performance based on how high or low the digits display the GDI. If the...
Explore the latest trends in the GBPJPY forex pair with identified sell levels at 195 and 197. Our comprehensive analysis delves into key market drivers, technical indicators, and fundamental factors, providing strategic insights for navigating the dynamic GBPJPY landscape.
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
If you haven`t sold ETH at the top: As the cryptocurrency market navigates through choppy waters, Ethereum, the second-largest cryptocurrency by market capitalization, finds itself ensnared within a bearish formation known as a falling wedge pattern. This technical setup, coupled with broader market uncertainties, casts a shadow over Ethereum’s short-term...
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If you haven`t bought the dip on DIS: Then analyzing the options chain and the chart patterns of DIS The Walt Disney Company prior to the earnings report this week, I would consider purchasing the 112usd strike price Puts with an expiration date of 2024-5-10, for a premium of approximately $2.82. If these options prove to be profitable prior to the earnings...
📈 Dow Jones Rollercoaster Update! 🎢 Hey traders! 🚀 Exciting news from the Dow Jones Industrial Average! 🌟 After a wild ride down from its all-time high, we're seeing some serious action! 🎉 📉 First off, we've been on a downward trend for a while now, but guess what? 🤔 There's a new sheriff in town! 🤠 The daily chart is showing us a flashy double bottom pattern. 🔄...
With this video I intend to close my argumentation of a multidimensional market structure Tools that casts Fibonacci shadows and limits on price movements can be plotted in so many places! Where to plot them?! This is a common doubt traders have. When we gain experience from market we understand it doesn´t matter. Price will eventualy hit the targets of a chosen...
🔍Today presents an opportune moment for opening positions as the market structure offers potential entry points upon breaking support or resistance lines. Bitcoin's rejection from $64,437 yesterday prompted altcoins to establish lower resistance levels. One such altcoin is MANA, representing the Decentraland project, which, despite previous bullish rallies, now...