XAUUSD | New perspective | follow-up detailsI have been trying to upload the video here but due to unknown reasons, I can't. Feel free to watch the full video tutorial on my youtub channel and I promise to drop the update/daily commentaries here as usual... Good night.
The insistence that higher interest rates will be the only way for the Federal Reserve to effectively bring inflation back to its 2% target appears to knock down the price of gold as selling pressure was sighted right below the $1,786 level. Price fell by $20 last week and from a technical standpoint, the appearance of a reversal pattern after the end of last week's trading session is a sign that we might be in for a retracement phase in the coming week(s).
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Breakdown
4 bearish targets converge on DXYWe just recently reached the breakdown target for the ascending h&s pattern with the pink neckline when price fell to 109.2. Our next target is for the slightly bigger head and shoulders with the bluish green neckline at 106.9 which we are now very close to reaching. the next breakdown target after that is for both the largest h&s pattern with the yellow neckline at around 104.69. This also happens to be the exact breakdown target for the purple channel if it confirms its breakdown in this zone. We can see we just recently closed 1 daily candle below the purple channel, and our follow up candle has already so far as of now retested the bottom trendline of the purple channel as resistance..should this candle close below the purple channel as well that greatly increases the probability it will confirm the breakdown from the purple channel. The final breakdown target at 104.39 is for breaking down from the red descending channel. We can see that both the red breakdown target and the yellow/purple take us to a very crucial horizontal trendline which is currently being overlapped by the 200ma(in blue) If DXY cant get price action back above the purple trendline soon odds are good it will retest the 200ma and this horizontal line as well. *not financial advice*
BTC magic indicator which shows the bottom & new bull run startHi dear community and my loyal followers. Couple weeks and months later you will understand why I think the real bottom was at 17.5K in June.
I'm looking at weekly timeframe and would like to show you this magic indicator which marks the real bottom of BTC and bull run start.
This magic indicator went below -10 3 times in BTC whole history, They are bear markets. When orange line crosses above blue line the bottom was already in and when blue line goes above -10 bull run starts and BTC price breaks the major diagonal resistance trendline.
I'm sure BTC real bottom was at 17.5K in June and the recent dump is a fake break down/ bear trap/ with double bottom like 2021 November top /69K/ which was a fake break out/ bull trap/ with double top.
BTW BTC price never reached to red channel)) in its whole history. The current value of it is 14.2K.
If you like my ideas, don't forget to follow me please. I will appreciate a lot.
GBPUSD | Perspective for the new week | Follow-upThe breakdown of both the key level at 1.14000 level and the bullish trendline during the course of last week's trading session might be a sign that the sellers still have a say in this market. Though, the Pound rallies 1.9% on the last day to close the week near 1.1400, with this development I am of the opinion that we remain patient to see how the price will be relating to this current structure before making an informed decision. There is also a high-impact event coming up later in the new week hence the need to see how participants will anticipate this event is very important.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
TOTAL M.CAP ALSO SHOWS BEARISH RETEST!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL M.cap update.
The total market cap looks bearish here. This recent pump just looks like a bearish retest. As you see in the chart, the total market cap breaks down from the symmetrical triangle in the daily time frame and currently rejecting after the perfect retest.
Two important supports $700B and $550B are I'm looking for after this bearish retest.
Invalidation:- Daily close above $860B
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Also, share your views in the comment section.
Thank You!
The total market cap also indicates a bearish retest.
BNB Hidden Bearish Divergence as it Breaks TrendWe have a Bearish Bump and Run Reversal Top that is Breaking Down on BNB as we show Hidden Bearish Divergence on the Weekly Timeframe. It should first come down to the 88.6% Retrace at $21 but if that doesn't hold don't be surprised to see it come down to the 1.618 Extension at $1.175.
SOL breaking down from channel.The measured move from the yellow channel breakdown has a target of around 3.33 - 3.40. There is a chance however that sol finds support on the green trendline before reaching that full target. If we considered that same yellow channel to be the flag of a bear flag however the measured move goes all the way down to negative 83. Obviously thats not possible but it does leave room for sol to fall as hard as FTT did. For Sol to have a future it is going to need to at least hold support around the channel breakdown measured move imo. If it somehow holds the green trendline as support then that greatly increases its chances of one day reclaiming its former glory…either way for now it looks like there will be more downside to come even if it doesnt reach the full channel breakdown target. *not financial advice*
Slope breakdown. Active coin, large volumesThe asset fell for a long time. Got a little selling. A strong inclined level has also formed, which the price has impulsively broken through and is trying to gain a foothold. Volumes are rising. There are grounds for a reversal. I expect a retest of the incline and movement towards the marked targets.
Bitcoin Looks so BearishHello friends.
i saw a big and bad shape marobuzu candle.
did you see it?
we back under MA55 and after a pullback to it (22100 level) i think
we should preapre to breakdown 20500 level and go toward 19000 again.
please control your Risks.
Protect from capital is the first step for any trader and investor.
be patience...
we dont have good economic conditions.
and winter is coming...
the weather will be cold and europe cant be warm...
when you cant warm yourself , you cant buy bitcoin certainly.
and
US interest rate will grow another 0.75 in coming months...
share me your opinion please.
hope all of you enjoy my analysis.
USDCAD | New perspectiveIt is important to note here how the price of crude oil is directly proportional to the value of the Canadian Dollar and if we take into consideration the OPEC+ decision a couple of weeks ago to cut down production by 2 million barrels per day; the likelihood of soaring oil price remains inevitable. The consumption of crude oil has remained steady despite consumers struggling with soaring inflation and I am of the opinion that the effect of these events will begin taking its toll on USDCAD as we witnessed multiple rejections of the C$1.4000 level in the last couple of weeks by the sellers. Will there be a sell momentum in the meantime this week?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GMT ON BREAKDOWN TARGETS 0,10 USD -81%GMT Has a high signal for a breakdown trend.
We see for a long time a term of breakdown trend that until now still has not changed.
Target 1 0,34
Target 2 0,22
We did add an update about a possible crash trend, if this would happen we could meet a price action of 0,10 USD.
For more info about that possible scenario see this chart below
This coin did hit ALL time low 7 months ago, and it can do it again.
we see more coins starting last time to hit ALL TIME low, an example is Jasmin.
This all depends on trend study, do always your study, as it's not a guarantee.
It's not about today, but the coming time.
It's better not to trade this coin for the coming time, LONG and short not. ( not advice)
Personally don't trade it.
GBPUSD | Perspective for the new week | Follow-upI still can not upload videos here on Tradingview; So for the GBPUSD video kindly visit my youtub channel for details. Please note that I will be dropping updates on this analysis in the comment section of this broadcast in the new week. Cheers!
As inflationary pressures loom on the UK economy, the Bank of England Governor is hinting at their willingness to raise interest rates to meet the inflation target. How are the participants in this market going to react to this statement in the new week?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XAUUSD | Perspective for the new week | Follow-up detailsIn anticipation of the NFP result on Friday, Gold plunged to about 50% retracement of the bullish momentum that started the week but still posted a second straight weekly gain as price action evolved into a reversal pattern just around the bearish trend line identified on the daily time frame. The current structure screams a possible downtrend continuation but I am very much open to the possibility of a bullish continuation after considering the last week's activities.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) is high-risk and unsuitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, and risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XAGUSD | New perspective The appearance of a reversal pattern around the bearish trendline identified on the daily time frame insinuates a bearish momentum for the week.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) is high-risk and unsuitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Commodities ALUMINIUM Short Trade Thirty Minutes Time Frame30MTF
Short
Indicatrors: Bollinger bands , 200EMA , RSI
Bollinger bands 20Moving average rejection
Price closed below 200EMA
RSI Below 40
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels.
Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment
purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your
financial advisor before trading.
Please do review, analyse and share your comments as well. Let us work and win together. Wish you a very happy, healthy & profitable trading day ahead!
Disclaimer: I have analysed the data based on my limited knowledge.
CHFJPY | Perspective for the new week | Follow-up detailsThis is a follow-up video to my previous analysis on the CHFJPY where we were able to close last week with about 130pips profit as the Yen continues to gain traction. So, after testing its highest point since 1980 - just right above the 151.00 area last week, the price has continued to find lower lows and lower highs. Will the BoJ's intervention continue to have a positive impact on the Yen in the coming week(s)?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
ELIMINATING RISK BEFORE PROFIT! EURUSD BREAKDOWNJust a bit of a breakdown on EURUSD.. We are still in a long term downtrend so my radar is still on short positions! I want to see what price does where it is at the moment and see if I can get given the opportunity for another short. We should get a big move down if price action respects this long term downtrend. RISK MANAGMENT personally I never risk more then 2% of account balance but like I've explained, once I move straight into profit I move stops to eliminate risk.. if price returns to that area more then likely price will not go our direction.