Level
AUDJPY I Intraday long from demand zoneWelcome back! Let me know your thoughts in the comments!
** AUDJPY Analysis - Listen to video!
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USDJPY I Best level for next short!Welcome back! Let me know your thoughts in the comments!
**USDJPY Analysis - Listen to video!
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A rebound from a strong resistance level. Time to sell The asset grew strongly in volume. We observe a large shadow in the area of the round number - $ 0.37, which indicates the strength of sellers in this place. In history, this level worked well. I expect a rebound from the level and movement to the area of the voluminous level of POC - 0.35$
Large limit order in order book. Time to sell!A local level with three approaches has been formed. On the round number 0.88 in the spot order book there is a large limit order.
I recommend going in on the acceleration of prints in a glass and in the corrode of density on the spot.
Limit buyer begins to push the price to update the hayAUDIO increased trading volumes, the limit buyer begins to push the price to update the hay. There is a cascade of local highs, beyond which there is liquidity. I am waiting for the formation of trading and impulse exit to the long in order to withdraw liquidity behind the level. I plan to go from a round number - 0.16. Target – 0.1666$ (5.21%)
BIRLA CORP ANALYSIS!!i have determined the trend and great levels for buying and selling the stock. its a bit volatile market for this stock, but one can earn if he/she has a proper determined plan to trade such type of stocks.
ANALYSIS:
1. BLACK LINES are the different chart pattern trends.
2. BLUE LINES are the good levels to buy/sell the stock
3. PURPLE LINE is for the shorter swing trade, saying stock trading rs.909 is good to buy till 1160. if breaches, then all the way too 630.
4. ARROW MARKS & THE CIRCLES: everytime the stock broke the 970 level, it gave a very good upside movement, a level to watch out for.
USDCAD is 1.38 going to be the reversal level!?! HUGE DOWNSIDEHave been watching very carefully around this resistance of 1.38 on USDCAD to see how price reacts. We have now had multiple rejections and another (FAKE?) push through followed by price quickly selling back off... we sometimes see these fake moves (breaking through levels) to catch the early sellers before the big moves happen... is this the situation with USDCAD?? I believe we have some downside coming, so like I explained I've got my eyes on a zone where if price fails it once more ill be opening a short for potentially a big move to the downside.
Analyses of CARDANO pricesAnalysis of the Cardano price reveals that the bulls are in charge and that the market momentum has recovered. The price is currently at $0.4324 and is anticipated to increase even more to reach $0.4348. Cardano is hardly an exception to the recent market volatility. The bulls drove the price of the cryptocurrency above $0.43 to kick off the week strongly. But the bears gained control and drove the price to $0.42.
At $0.4348, ADA/USD encounters resistance. This is an important level to keep an eye on because a break above this resistance might lead to a price target of $0.44. Support for ADA/USD is located at $0.4255 on the downside.
Cardano price analysis is present in a bullish trend as prices have been increasing steadily over the past few hours. However, the traders should be cautious as the prices may consolidate before making another move. The next few days will be crucial in determining the direction of the market. ADA/USD is among the few cryptocurrencies that have shown some stability in the last few days while most others are still struggling to find their footing.
‘Max Pain’ Bitcoin Faces $9,100Since the asset has maintained its position of over $18,000, it has fallen by more than 6% over the last week. When Bitcoin reached a peak of $20,071 on Sunday, the bears firmly rejected the recent gain.
The Federal Reserve's aggressive rate hike campaign worsened the previous decline. Since then, BTC has fallen precipitously, but it is still firmly above the $18.5k support level. At the time of reporting, the asset's price was $18,719, a decrease of 5.25% from the previous week.
A well-known Bitcoin analyst believes that Bitcoin (BTC) has not yet touched the bottom because he predicts a drop to $9,100.
Almost best time to exit some of my short positions on CADJPY Consolidations of 7th and 8th of SEP were best signs of changing in direction of CADJPY.
Bulls lost their strong level of 108.95 and all so many of their supporters , including me, change their side.
If you are in short position take this pair under observation! there might be some struggles to go down further.
MA100 might play a strong role as a dynamic resistance.
I have two shorting scenarios.
1st one: in case of breaking 108.5 up there might shadows of 4H candle may go through the MA25.
Those reversals may be caught by CCI25 of 4H over 100 or 150. de-validation of this setup is breaking the bearish channel to the top
2nd one: in case of breaking MA100 successfully, it may be a chance of reversal to the bottom of the channel.
Wave Projection on Gold 4hUnder the 5th swing of the dollar strength, expect gold to continue drifting down.
Double top of the Gold weekly makes me believe this key range bottom 1683 level will be retested.
This is a Elliot Wave projection on gold using Extended Fibs. One of the key monitoring is whether the strong 1683 weekly level be broke or hold when approached.
Guess I did not see itHi everyone,
Yesterday we talked about different chart patterns and candlestick patterns that we are seeing on a higher time frame.
News are reporting wallets being stolen, exchanges being hacked, people are holding in external keys,...
So what is going on? Are we going to dump one more time? Well, the answer is most probably yes. On a fundamental level, we have some really bad news coming out, and people are panicking because of cyber attacks. However, we should always remember that news lag price, like an indicator. Have you ever heard bad news in bullish moves? Of course not. Therefore, these news might be coming out because of the red days that we had this week so far.
On a technical level, we are looking at different higher time frame bullish reversal patterns, as we said in our latest post (link down below), so we could confirm that we are bullish at least on the midterm. So what about the short term? Are we bullish? looking at the chart today on a lower time frame (H4), we noticed that we have bearish head and shoulders pattern, so we might be going reach the 21400 demand level before the end of this week.
Another notice that, right now, price is taking out the liquidity below yesterday's support, which usually happens after seeing clean lows in a row.
In conclusion, we are still bullish on the midterm at least, but we are bearish on the short term.
Please comment if you have any questions, I will try my best to answer them.
Thank you😊
will the weekly trend hold our price??Hello everyone
In 4 hours chart on AVAXUSDT ,We have a good support level on 72.50$ ,plus a weekly trend line which been tested several times and held up pretty good,and we have a support level on 76.50$,which is being tested again as i'm writing this.
For now, because we are still in a bear channel (my opinion not financial suggestion),what i'm doing is to buy at the bottom of the market and sell on top, in lower time frames of course.