Regarding to my previous post The pair moved to expected direction and you can re enter in area between 1.49899 and 1.49830 .
In higher frame the pair is bullish . Buy limit at price 1.49322 where the liquidity has been taken. TP: 1.50543 where high liquidity. SL: 1.49101 where previous low liquidity
The Canadian Dollar to Japanese Yen (CADJPY) pair is showing promising bullish potential, supported by several key fundamental factors: Global Economic Recovery: As the world continues to rebound from recent economic challenges, risk appetite is increasing. This trend typically favors the Canadian Dollar over the safe-haven Japanese Yen. Commodity Prices: With...
In this idea, we are considering a stop-hunt to the GETTEX:59K region due to the CPI data coming out differently than expected. At 14:30 CEST to 16:00 you can expect a lot of volatility during this time. Liquidation charts show a cluster of about $1.2b at around $58.7k.
I believe eurusd is bullish right now because it cleared the sellside liquidity with a wick and there is a 4h bearish fair value gap that has not been filled.
The German DAX (GER30) is showing promising signs for potential upside movement, supported by several key fundamental factors: 1. European Central Bank's accommodative stance 2. Improving economic indicators in the Eurozone 3. Strong performance of German export-oriented companies 4. Increasing investor confidence in the European market recovery To capitalize...
Bullish Fundamentals for Dogecoin 1. Increased mainstream adoption: More businesses and platforms are accepting Dogecoin as a form of payment, expanding its real-world use cases. 2. Growing community support: The Dogecoin community remains active and passionate, driving continued interest and development. 3. Potential technological improvements: Ongoing...
Hey Future Demons Lets jump right into the TA. 1. We are in a huge liquidity zone (50k-65k), where the whales have been stop hunting retailers fish for many months. 2. For the above mentioned reason it is normally a good idea to stay out of the market. We don't want to gamble. It's all about money protection and the right mindset. 3. When that is said we are...
We are currently sitting at the EMA50 on the 4hr timeframe. It looks like we are doint a mean reversion here again. The top was quick and formed a wick but I couldn't finde any vector candle that could be liquidity pools to recover. We also have a CME GAP at $54.2k which will be recovered soon in my opinion. We had the retest of the $58k level which was very...
Key Fundamentals China's Economic Slowdown: Australia relies heavily on trade with China. If China’s economy weakens, it can hurt Australia’s economy and the Australian Dollar. Safe-Haven Demand: In uncertain times, investors often turn to safe-haven currencies like the Japanese Yen, which could lead to a drop in AUD/JPY. Different Central Bank Policies: The...
We could see a rapid rally on Monday that will last until Wednesday when the CPI data is released. We are currently in a mean reversion as show with the arrow. We broke through the ema50 and are retesting it right now. The order books are also pointing to $56k as there is a lot of liquidity in the form of orders looking to be filled.
The current global economic landscape presents several factors that align with a bearish bias for the Japanese stock market, particularly the Nikkei 225 index (JP225USD): Global Economic Slowdown: Concerns about a potential recession in major economies are weighing on investor sentiment. Bank of Japan Policy Shift: The recent rate hike by the Bank of Japan may...
I'm expecting BTC to dip down into the long liquidity zone between 32-48K. Hopefully we will see a change in trend around 40-44K. For more detailed figures on BTC-liquidity google: "BTCUSD liquidity map" or check DecenTrader website.
Tesla (TSLA) is in the spotlight right now, and several factors suggest a potential bullish trend in the stock next week: Strong Delivery Numbers: Tesla recently reported its Q2 2024 delivery figures, which exceeded many analysts' expectations. While the numbers were lower than last year's, they still indicate solid performance in a competitive EV market, with...
this chart of Gold Spot (XAU/USD), we observe several key technical features that guide potential trade decisions: Forming Ascending Channel: The price is developing within an ascending channel, indicating a potential continuation pattern. This channel often signals further upward movement, but caution is needed, especially when the price is in a "weird"...
This idea shows a scenario of a possible start of the bull market. Solana has been moving sideways for a long time. I expect a manipulative event in the red square, like the Fomc event or a war event that will shake the last bull, but all this is preparation for the bull market event. The target is anything above the all-time high.
Storyline: CFO sold shares + (bad economic data incoming?) Chart: Weekly high broken, retrace due as usual. Question: Was that whole pump really reasonable? You can bet that the majority of retail investors bought (as always) on the very top during this wonderful pump and now just patiently waits to feel the real pain of retracement. I doubt in general, that...
Bitcoin was rejected from the $58k level yesterday. Right now, I could see a move higher, but until the trend has changed, we will continue to make lower lows. One level to keep an eye on is still the low at $54.5k.