Looking for sells on gold based on the hourly timeframe - the whole point of the play is that we want to see a liqudity grab up first, once we have that we can look for sells on the BREAK OF THE LOWS! We should ONLY take a sell in this scenario otherwise we risk price going for ATH again causing us to take a bigger loss. Stop loss will be at ATH
The recent death of Iran's President might initially impact oil prices due to concerns about Middle East instability. However, this effect is likely to be temporary for several reasons: Limited Presidential Power: In Iran, the President's role is more executive, with real power concentrated in the hands of the Supreme Leader. Therefore, the President's death...
Ethereum (ETH/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 3,042.40 1st Support: 2,924.22 1st Resistance: 3,217.56 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Bitcoin (BTC/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 64,597.02 1st Support: 63,447.10 1st Resistance: 67,218.82 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
USD/CHF is rising towards the pivot and could potentially drop to the 1st support. Pivot: 0.9096 1st Support: 0.8990 1st Resistance: 0.9150 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure...
The Fiber (EUR/USD) is rising towards the pivot and could potentially drop to the 1st support. Pivot: 1.08843 1st Support: 1.08350 1st Resistance: 1.09356 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
SHB/USD is rising towards a resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.2414 Why we like it: There is an overlap resistance level which is slightly below the 50% Fibonacci retracement. Stop loss: 0.2505 Why we like it: There is a...
ADA/USD is currently at a support level which is a pullback support that lines up with the 38.2% Fibonacci support and could potentially rise to our take profit. Entry: 0.4642 Why we like it: There is a pullback support which lines up with the 38.2% Fibonacci retracement. Stop loss: 0.4467 Why we like it: There is an overlap support level which aligns with the...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci projection and could potentially reverse from this level to our take profit. Entry: 156.58 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci projection. Stop loss: 158.25 Why we like it: There is a pullback...
ETH/USD is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 3,035.12 Why we like it: There is a pullback support level that lines up with the 50% Fibonacci retracement. Stop loss: 2,926.40 Why we like it: There is a pullback support level. Take...
BTC/USD is falling towards a support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 65,136.71 Why we like it: There is an overlap support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 63,421.66 Why we like it: There is a pullback...
#usdt #tether dominance chart is rising after bullish divergences occured. Short term continuation is expected. Not financial advice.
Hi folks today I'm prepared for you Euro analytics. Some time ago price declined to the trend line and then at once rebounded and rose to support 2, which coincided with the support zone. Some time price traded in this area and later finally broke the support level, after which made a small movement up and then started to decline. After the price declined to...
Bitcoin is a descending channel and currently sitting at the upper range at area 67-78k. Next target if the upper range holds is to the major support demand zone at area 50-52K and the lower range of the channel.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Could see some retracement upwards, though generally i am still bias on the downside for USD. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content,...
NZDJPY is at the final stages of the ending diagonal. The move we're about to see will be a MONSTER move. We are looking at a potential 1500pip move to the downside... atleast! We are currently in an ending diagonal, made up of 5 waves consisting of 3 subwaves each. We are in 5th wave now, subwave C and looking for a reversal very soon. Trade Idea: - Watch for...
**Current Momentum and Market Sentiment:** The EUR/USD pair is currently experiencing a challenging period, struggling to maintain bullish momentum. Despite a significant rally in recent months, the pair has recently faced resistance and corrective movements. The European Central Bank's (ECB) actions, including recent interest rate hikes and upward revisions to...