Good morning everyone and welcome to another weekend session. For those following the SPY, we can see that the institutional rejection did indeed occur with a double top, and it was unable to break the Al Time High (ATH), leading to a pullback that we had already predicted weeks ago. The question is: How far will the pullback go? I have two levels: a liquidation...
Yesterday, Bitcoin continued its growth and reached the designated target – the sales zone of $64,400-$65,700 (volume zone). Now we have already received a reaction and went into a correction. The global scenario has not changed, we are still waiting for the buyer's reaction and joining the subsequent longs. A local sales zone of $63,600-$64,000 has formed...
Cardano finally broke out of a long descending wedge it was in since the last high (0.67) in December. I like the fact that it held the 100sma (yellow line) twice on the daily, making a double bottom on the process. It has some resistance at the 0.382 fib, so I wouldn't be surprised if it retraced back to the top of the white trend line for a test/support. If...
In this blog post, we'll delve into the daily chart of XAUUSD, examining its current state and anticipating potential future movements. Bullish Structure Formation: At a daily time frame, XAUUSD is displaying a bullish structure, marked by distinct highs and lows. This structure serves as a valuable guide for traders seeking to understand the market sentiment...
There are 2 scenarios that I expect to occur, both with the final outcome, the circumstantial achievement of historical highs, because: we had a response to the restrictive monetary policies of the FED before 3/11/2023 with a lower than expected NFP and a rate of rising unemployment; then with decreasing inflation. I expect scenario 1 (white) to occur if in these...
Big Breakout in Kesoramind verysoon i will be 200 . now moving above the 200 EMA. also strong fundamental available .
FX:AUDUSD Is in a bullish channel on the short-term trying to escape from a bearish trend that has been following it for a few weeks. The fibonacci retratement shows how the 50% level matches the POC of the structure, wich is a zone for a possible rebound on the price (We do not dismiss that the price would go for a 61% level "0.64150" On price). But the trend in...
TV18 BROADCAST breakodown 1. Descending Triange 2. Volume Buildup 3.Neck brakdown
Today, the USD/CHF currency pair looks to rest at monthly lows, settling around 0.8920 entering the European session on Friday, after recording an impressive recovery to convince traders sales yesterday. The Swiss franc (CHF) fell the most in a week as it broke through key technical support levels, convincing investors to favor extended lows. What raises hopes...
Hello traders, we want to check the XAUUSD chart in the 1-hour time frame. The price is moving in an upward channel. We predict that the specified level can maintain the upward trend of the price and grow to around the price of 1937.500. Good luck.
Hello traders, we want to check the GBPCHF chart in the 1-hour time frame. The price has broken a downward channel and is moving in an upward channel. We expect the price to maintain its upward trend and reach the next key level, which is until the price grows around 1.14300. Good luck.
Hello traders, we want to check the AUDUSD chart in the 1-hour time frame. The price is moving in an upward trend after breaking the descending channel. If the specified key level can maintain the price, we predict that the price can continue its upward trend. Let Veta grow to 0.67200 and then 0.67600. Good luck.
Hello traders, we want to check the USDCAD chart in the 1-hour time frame. The price has broken the descending channel upwards and then pulled back to the key level between 1.32200 and 1.32300. We expect this level to act as a support level for us. perform and maintain the upward trend of the price. If the price increases, we can expect the price to grow up to the...
Trading Setup EURUSD Sell Indications Entry Levels: 1.09986-1.10726 Stop Loss: 1.11326 Take Profit: 1.07539 Take Profit: 1.06370 Take Profit: 1.05000 Here is the proper setup with many confirmations, so just set price alert on your chart and also make sure your own analysis. The main point when open up trades; Main points when open trade; 1. 1:3 risk...
Hi everyone how are you doing with gold I see that it aims to drop the levels 1927.53 1893.81 1843.56 as a re-test This analysis is supported by the news of raising the debt ceiling and the news of today, Thursday, the first of June, which is ADP Non-Farm Employment Change Unemployment Claims ISM Manufacturing PMI And Friday's news Average Hourly Earnings...
SELL OANDA:EURUSD when the trend line and white zone BREAKs! WAIT for CONFIRMATION!!!
Hey guys, last week I was bullish on gold, but after the recent PA I changed my bias to short. -First, the price formed the so-called "Bearish Flag" formation, this is a pattern that is a trend continuation and the TP is the duplication from the initial leg. -Second, looking at the DXY I am more for a strong dollar for the near future judging by the recent...
I expect the price to rise according to the drawn pattern We will usually look for Hiken Ashi bullish beta candle formation in these areas