Hello Traders! What are your thoughts on BITCOIN ? Bitcoin has been in an upward trend in recent days, showing significant strength. However, the price is now approaching a key resistance zone that could potentially lead to a temporary correction. Given this resistance, we anticipate a correction in this area. This correction could present an opportunity for...
Go through the analysis carefully, and do trade accordingly. Immediate resistance- 2585-2587 Immediate support- 2570-73 decent support- 2559-2562 strong support area- 2530-35 Potential resistance- 2595-2597 Anup 'BIAS for the week (16-20 Sept-2024) Current price- 2579 "if Price stays below 2600, then next target is 2564, 2552 and 2540 and above that 2605,...
Hello Traders! What are your thoughts on GOLD ? After several weeks of consolidation, gold has successfully broken through its previous resistance level and escaped its narrow trading range, hitting a new high. Given the recent momentum, it is expected that gold will set a new high next week after a brief correction. A key point to watch is that gold is nearing...
Short Bitcoin per trendline: Entry - 60,200 to 60,500 Stop Loss - 61,200 Targets: 1) 46,000 2) 39,500 3) 35,000 Clear trendline breakdown with respected areas circled in red! When in doubt zoom out! Happy trading
The most terrifying scenario Away from the chart, markets, resistances and supports We all know the things that the Middle East is going through from the current conflict and wars There is a regional war approaching between the Israeli and US teams and the other team, Iran and its allies What is different this time, according to experts, is that Tel Aviv will...
Yes. Green Day's famous song suits Bitcoin (BTCUSD) just find under these circumstances. What are they? Well, it is pure seasonality along its Cycles. This chart is simple. After every Halving since July 2016, Bitcoin enters a phase of choppy trade, with high volatility but it manages to keep the 1W MA50 (blue trend-line) intact and support. Then on the first...
EURJPY’s Next Move Depends on BOJ Interest Rate Decision From a technical perspective, EURJPY has completed a bullish harmonic pattern. However, this time, both technical and fundamental perspectives need to align. This week, on Friday, September 20, EURJPY’s movement will largely depend on the Bank of Japan’s (BOJ) interest rate decision. The market is...
We can see a pretty prominent Head & Shoulders that has formed on the 1HR as well the 15MIN. A breakout of this and the Cup & and Handle could bring a really nice leg up to NVDA. Keep in mind these are hourly candles...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.3155, which is an overlap resistance close to 61.8% Fibonacci retracement. Our take profit will be at 1.3104, a pullback support level close to 38.2% Fibo retracement. The stop loss will be at 1/3190, a pullback resistance level close to 78.6% Fibo retracement. ...
Based on EURCAD H4 chart, a bearish bat pattern has formed T bar formation Level : 1.5149 Confirmation level : 1.5130 TP1 : 1.5049 TP2: 1.4988
Hello guys Evertyhing is clear at chart AND IT's NOT A FINANCIAL ADVICE. IT's only my concept about next days If you are long time investor so there will be a good buy level at 1500$ - 2100$ zone I am more bearish now on #eth So DONOT PANIC
Wall Street was on track to open slightly higher on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week, while Boeing fell after the planemaker's factory workers went on strike. Traders' bets of a 50-basis point rate cut jumped overnight, now standing at 43% compared with 14% on Thursday, CME's FedWatch...
The time to sell this pair is finally upon us. Last week after NFP, GU gave good bearish signs and is now confirming continuation with this double top. Sell now and hold to 1.28
16:00 uts 0 time, there will be a strong decline, into the zone I have indicated.
From the point where we placed the red arrow on the chart, the correction of BAT has started. It looks like a correction of a triangle. The green area is the right place to finish the C wave of this triangle. We are looking for buy/long positions in the green range. The targets are marked on the chart. Closing a daily candle below the invalidation level will...
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Horizontal line at 720s continues to work great for LRCX Lam Research. Lam Research is trading with a Forward P/E ratio of 21.75 which is discounted to its industry group Forward P/E of 25.6.