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Neutral

Bitcoin still ranging, What's next?So bitcoin is ranging between the red resistance box, and the yellow up trending support. What's next? Well quite simply, we either need a break above the $59,000 to continue our upwards momentum, or... we see a retrace down to $50,100 If we retrace we will need to hold that level to be able to remain in the bull trend. If that breaks, the drop could be catastrophic. Lets try to stay positive. The market looks healthy, and this kind of range bound price action is very normal for bitcoin, it is creating a foundation of strength to hold us up under the pressure of the bears. There are a few factors that are also adding some fuel into our bounce 1. the VPVR point of control seems to be around the $56,000 level, if we can get above this level and remain above, this is bullish 2. the 21 weekly moving average is increasing with rapid succession, if we stay above this, we remain bullish. 3. The yellow up trending support line is a very strong zone of support. If all 3 of these hold, then we are still in an uptrend with bullish momentum. When in doubt, ZOOM OUT!
by Tuned_Official
XAUUSD AnalysisWe are on a downward trend. The price is now in a consolidation zone. As we see in the recent past, the price has created a double bottom and has been rejected when retesting the weekly and daily trendline and my round number, So we are still in an undecided market. We are waiting for the market to offer us opportunities here. if the current price breaks the 1795 area and retests my round number and consolidation box we will look for Buy until the 1840 area. And if the price fails to break the area to have shopping and creates a downward trend in smaller timeframes we will look for Sell setups until the 1740 area. If you like how I explained this analysis I would appreciate a like / share / comments. The analysis was made starting from the Weekly timeframe. Next we will look for some Sniper entries <3 Happy 1 May to everyone!
OANDA:XAUUSD
by sergiugeorge
SHORT that BERBthis is the analysis that i had decided to take. I am nowhere near a pro trader and this is just a good idea i thought. there is a head and shoulder pattern which indicates a short position after the long wave that occured. Be careful because of the news as the NZD trade balance will come out and is looking strong, so will cause an slight price increase for a short period (dont set SL too steep). The end of the Wave finished indicated at "E" and then started the pull back indicated by "1", looking for it to carry on shorting. let me know what you think, or what can be improved!
Short
by simonbland
DXYDXY (Dollar Index) DXY - This is the dollar index against a basket of other major pairs. An analysis of this index before trading dollar pairs is highly recommended, as I know the general trend where $ is going, you can clarify the situation with other pairs. In general, as you can see the index is "nowhere". The past few weeks have been bearish for the dollar, so it is not clear whether the index will correct upward before continuing the downtrend, or whether the price will continue to fall without a correction. In any case, watch out for the two ranges that are 90.60 and 91.40. These are the nearest key levels where the price reaction will come from. Based on how the price will react at those levels, it will be possible to guess where the dollar will dive approximately in the coming week.
TVC:DXY
by Hudondonch