While FED is in hawkish stance trying to curb inflation RBI is still dovish. I'm short from 0.71150 stops above recent high.
Somewhere in green zone I expect a continuation of rally. ECB madame Lagarde is hawkish while on the other hand RBA is still dovish. Im long from wP . I added one more long position with a stop below recent low at 1.5975.
NZDUSD is trading in a bearish parallel channel, making lower highs and lower lows. Currently it is at important zone. Price action need to be monitored as breakout is in near view. Trade your levels accordingly.
this is just an idea as I'm newer to trading ( 1 yr experience). check out my idea and please like so I can get some input plz. not financial advice.
We're looking for a sell zone here on GOLD again. This zone is very close and we should see price reaction pretty soon. This is very likely to happen during the news for the USD tomorrow. As usual, this is a technical analysis based on what we see. And what we see is a greater probability for a downside continuation after the last drop. In that next move...
On our morning's live stream we discussed Oil. It looks like the market is finally preparing for a bearish move. On hourly time frame, the price formed a descending triangle formation - a classic reversal pattern. Its neckline breakout is our trigger to sell. I expect a bearish move at least to 89.5 level. ❤️Please, support this idea with like and comment!❤️
After the trigger breaks in the chart, the probability of starting the uptrend goes
With the EUR/USD settling down and positive news coming for the US dollar, I'm short-biased on this pair for the current week. Levels based on Fibonacci and Wayne's weekly pivots.
XRP has pivoted off strong Demand zone and back in Triangle with momentum turning. Levels of resistance or Target to the upside now become top of trendline resistance (triangle) T1 , followed by T2 and T3 . Focused on T1 for now, as I would like to see more volume come in this week to send it. Without volume / liquidity , XRP is prone to rejection at any of...
Yes i'm watching $EDR - it probably sucked in few traders about Friday high to reverse right away. premature buy today in my opinion. I need this to build a pivot in the next 2 days (orange bars). She is coiling. So i'm interested. Volume pattern is a beauty here.
$CRDO impressive IPO. How many looking this good in this type of market? I normally like to wait for more than 8 days but defiantly grabbing my attention. Haven't seen this catching fire on Fintwit yet.
Somewhere in green zone I expect a continuation of rally. ECB madame Lagarde is hawkish while on the other hand RBA is still dovish. Im long from wP.
Hello traders! Here is my outlook for the overnight and cash session for Tuesday, February 8, 2022! My overall price direction is Neutral . Price continues to dance around chopping the heads off of twitchy traders who act all FOMO. For me, YM offers the least risk in the overnight session. I am going to set up a set it and forget it trade and hope for the...
Nifty Bank Futures Key Trading levels for 8th Feb 2022. Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial...
Nifty Futures Key Trading levels for 8th Feb 2022 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor...
BINANCE:BTCUSDT This will be the BTC next move. We will go for short position until head and shoulders pattern complete.
Hello Fellow Traders, Here is a Updated Analysis For USDMXN. The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some Rejection / Confirmation / Direction 2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or...
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to...