Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Pivot Points
"$OM Mirrors $SOL & $BNB's Epic Rallies: RWA Leader Poised for LNASDAQ:OM - MANTRA Price Update 📊
🏆 Leading token in the RWA sector
🤝 Partnerships with major players in DeFi and traditional finance
📈 Forming a bullish pattern similar to CRYPTOCAP:SOL and CRYPTOCAP:BNB from their last major rally
NASDAQ:OM 's chart is giving me déjà vu. Feels like we've been here before, right before things got interesting. 👀
Indecision Reigns: BTC Testing Crucial Resistance ZoneThe recent price action of COINBASE:BTCUSD shows a clear battle between buyers and sellers near a critical resistance level around 66,000. The price has struggled to break above this level, leading to a period of consolidation. However, the price has stayed within a tight range, reflecting indecision in the market. Although there has been some selling pressure, buyers have been able to hold the price above key levels, indicating that bullish sentiment is still present.
The recent candle patterns provide insight into this indecision. We’ve seen a mix of candles with longer wicks, indicating attempts by both buyers and sellers to take control, but neither side has dominated. This type of back-and-forth movement often signals that the market is waiting for a stronger catalyst.
Some candles show clear rejection from higher prices, suggesting that the 66,000 resistance level is being heavily defended by sellers. On the other hand, the recent green candles with stronger closes near their highs indicate that buyers are slowly gaining strength.
COINBASE:BTCUSD next move will likely depend on whether it can break above the 66,000 resistance or lose momentum and fall back to support levels around 62,000 short term, or 58,000 for medium term. A strong bullish candle breaking above resistance could signal a rally toward 70,000, while a failure to break through may lead to further consolidation or a potential pullback.
$BTC Daily Analysis UpdatePlease do check my referred CRYPTOCAP:BTC analysis back two days
Daily Swing is Bullish
We have now mitigated the Daily supply that might cause bearish pressure to the demands down below, which will be long position opportunities once we hit the daily demands.
But remember, Daily Internal and Fractal Structures are still Bearish and this recent bullish momentum could be only to mitigate upper Daily Supply zones
As we have internal fractal switched to Bullish now, I play longs till price mitigates the premium daily supply and we get 4H bearish momentum to kick in
I have tried to explain my expectations on the chart
Please do comment If you would like to discuss any trade idea
NZDUSD: Bullish Sentiment Backed by Math and History!Why Use Probabilities?
In trading, probabilities help us make informed decisions based on mathematical rules and historical data. By analyzing past price movements and market behavior, we can identify patterns that suggest potential future outcomes.
This approach allows us to assess the probability of reaching Take Profit Levels.
Utilizing probabilities means I'm not just guessing; I'm relying on statistical evidence to position myself effectively in the market. This strategy helps manage risk and increases confidence in my trades, making it easier to navigate the uncertainties of forex trading.
Let's dive in:
12M:
2W:
6H:
EURUSD Multi Timeframe Analysis 14.10.202415m Swing and Internal Bearish aligned with 4H
We have mitigated the Daily Demand but a deeper mitigation is still possible
Two unmitigated supply zones to look for confirmation shorts are market on the chart
We are ranging in the CPI 15m candle from Friday, so both sides might get swept
Shorts still more probable until we get at least a bullish 4H reaction to say that Daily demand holds and we target upper levels
Nifty & Bank Nifty Analysis and Trade Plan for 15th October || Video review-
Both Nifty and Bank Nifty is in correction of a downtrend in weekly time frame and in daily it is in uptrend Here in this video we have discussed and plotted possible support and resistance levels based on Fibonacci for tomorrow and tried to create a trade plan..
GBP/JPY For Bullishgo long now
or
wait for break current resistance at red arrow and after broken it and pullback to retest that level then go long
- General Trend is Up Trend
- Current Resistance is High Resistance and it retested more times so may be broken at that time
- wait for retest and go long
- if you see price action with rejected at 15M then go short
have fun :)
NEIROUSDT - YehYehTrader - 10/10/2024For the NEIROUSDT pair, there isn't much data on the chart to provide a comprehensive assessment. However, the market is generally in an uptrend with higher highs and higher lows. Currently, it is in a corrective downtrend. I can only offer my opinion based on the data shown on the chart. In my view, I would wait for a reaction at the marked high-volume zones on the chart and look for buying opportunities. Good luck!
Seagate Technology ($STX): A Key Player in the AI RevolutionSeagate is emerging as a critical supplier for AI and cloud computing with its high-capacity disk drives, making up 83% of its hard drive sales last quarter. As AI computing demands balloon, the need for mass-capacity storage solutions is surging. Demand for near-line cloud storage doubled in the last quarter, driven by both traditional cloud workloads and new AI applications.
While we're still in the early innings of AI demand, the potential for big data applications is massive. Keep an eye on NASDAQ:STX as the AI revolution accelerates.
Weekly Pivot (14-19)
The weekly pivot includes key support and resistance levels calculated based on last week's price data. Crossing above the mid-pivots can increase the likelihood of the current trend strengthening.
Price movement above the pivots: Indicates a strengthening bullish trend and the potential for continuation.
Price movement below the pivots: May indicate selling pressure and a weakening bullish trend.
Weekly Pivot (14-19)The weekly pivot includes key support and resistance levels calculated based on last week's price data. Crossing above the mid-pivots can increase the likelihood of the current trend strengthening.
Price movement above the pivots: Indicates a strengthening bullish trend and the potential for continuation.
Price movement below the pivots: May indicate selling pressure and a weakening bullish trend.
GBPJPY is in the Down TrendHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Weekly Pivot (14-19)The weekly pivot includes key support and resistance levels calculated based on last week's price data. Crossing above the mid-pivots can increase the likelihood of the current trend strengthening.
Price movement above the pivots: Indicates a strengthening bullish trend and the potential for continuation.
Price movement below the pivots: May indicate selling pressure and a weakening bullish trend.
EURCAD is in a Bullish PatternHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Weekly Pivot (14-19)The weekly pivot includes key support and resistance levels calculated based on last week's price data. Crossing above the mid-pivots can increase the likelihood of the current trend strengthening.
Price movement above the pivots: Indicates a strengthening bullish trend and the potential for continuation.
Price movement below the pivots: May indicate selling pressure and a weakening bullish trend.
Natural Gas still coiling! breakdown or breakout?Hello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CLSK: Big Move ComingCLSK technicals look like the price is ready to make a move up. Weekly MACD beginning to curl higher, higher highs and lows on the RSI, and volume profile support with a massive volume gap to the upside provide for a bullish setup.
BTC is approaching the time frame where historically, post-halving, the price per coin moons higher. Additionally, the US fed is lowering rates and china is providing stimulus to their economy, which will provide for more cash that can make its way into crypto.
CLSK’s hashrate expansion and BTC owned can make this miner a prime benefactor of a bullish BTC move.