Observing the current chart, it appears to exhibit characteristics of a low-volume pressure test occurring at a significantly low point in the price action. There is potential for this condition to facilitate a relatively unhindered traversal through the existing price gap, with minimal counteractive forces. As customary in Wyckoff analysis, the most telling...
I'm going long on this trade. It's possible that the retrace is complete.
SOL closed the week above the weekly trendline. In my opinion, the next target is the next weekly trendline As a result, a Long set-up is proposed in chart. For long-term trade of SOL, please refer to the link below. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
I hope that you're having a profitable day. After the analysis i published GRT gave us a great LONG profit whilst the market showed big upwards moves. I hope seeing the continuation of these moves while GRT is on a really strong 1 week resistance level. The breakout of this resistance will result in even more profits for us. I think GRT will be an absolute gem...
↪️The GBPCHF price is presently consolidating at a significant barrier. The price has created a flat range. The lower boundary of the consolidation range is between 1.1015 to 1.0988. If the price breaches and settles below this range on the 4-hour chart, it will indicate a strong bearish signal. Therefore, it is advisable to sell aggressively or on a retest. The...
End of day update from us here at KOG: Apart from the stop hunt above the bullish target 2109 which was completed on open, the path has gone as expected. Those who managed to get the long trade well done. We said the ideal scenario would be to catch the swing short from above and carry that trade down into the region highlighted. As you can see, this level is...
Gold, currently stuck within a tight range building buy and sellside liquidity. Waiting to see when it takes one side, how price responds then develop a trade idea
All times frames are bearish, we can see market push down now.
Hello traders! 📈🔍 Taking a detailed look at DXY's technical analysis, it's evident that a crucial support has materialized at 102.564. This level bears significance, and a confirmed support could pave the way for potential upward movements. To validate this support, we'll be closely monitoring if the price can sustain itself above 104.213, with a potential...
It’s safe to say you can open a Long setup from 0.012 , Fibonacci always works!
ES trend is sideways with a divergance on the 60 MIN RSI but RSI on 240 MIN is also bullish. Looking to go long on pull back at demand target at supply. Trade Management: Once entered wait till 1/2 way to target then move stop to break even. Manage stop on 60 Min with 13 EMA.
Gold's price rose back to it's all time high value last Friday December 1st, then broke the ceiling on December 4th, at the Asia markets and week's opening. In a flashing escalade that lasted less than one hour, rocketing 77 dollars up from 2070, the price claimed a new ATH price at 2147 US dollars per pound . The correction followed since. We are looking...
After a sharp rise, gold is currently testing the 2030 position. Once gold falls below 2030, gold may fall below 2010. On the contrary, gold will have the opportunity to hit 2100 again. Currently, the bottom is focused on 2010, and the top is focused on 2070. After the recent remarks by Federal Reserve Chairman Powell triggered the market, the non-farm payrolls...
The market's reaction to OPEC+'s announcement of voluntary production cuts was a further decline in oil prices. According to reports, investors were pessimistic about crude oil ahead of the OPEC+ meeting and had already priced in their expectations that production cuts would not be enough to push oil prices higher. The market's economic recession and investors'...
Price came up to a S&R zone. We have a short term downtrend with lower highs. Indecision candle close also confirmed that price wants to change from bullish to bearish. Risk no more than 2% per trade. Good luck!
Hello traders, Regarding the long-term analysis. Gold is bullish but over bought! In terms of mid-term. Gold is bullish and over sold. We are waiting for a break over the green horizontal line or below the trend line. but for now, we have a chance for short-term profit! Risk less than normal for short-term traders.
Dear traders, There is a static liquidity level around 147.400, a drop from the levels are expected! Trend is perfectly bearish and we are about to be overbought here! Read about indicator analysis in comments!
BANKNIFTY closed below va 1. gapup 47050 long till 47350 2. 47050-46900 trade breakout 3. gapdown 46900 short till 46200