In light of recent data, Thursday's release indicated that U.S. consumer price index (CPI) inflation for July met expectations, mirroring the previous month's trajectory. This outcome has fueled speculation that the Federal Reserve will maintain its current interest rates in September. However, this development has concurrently prompted a reduction in expectations...
We are currently in a tricky range, despite price looking heavily bullish on the lower timeframes I would be cautious as price is known to reject and range within this area Look for trades outside of this range and we can see a much clearer picture on where price wants to go and take trades based on that Patience pays.
The U.S. dollar plunged as the Pound sterling graduated to near one-week highs which appears to be a result of the intervention by the Bank of England and announcing emergency bond buying. Despite a solid bearish momentum which has characterized this market since the beginning of the year, I am of the opinion that we might be witnessing a temporary bullish...
If ýou take a good look on gold 4hr chart you'll see, the failing to break trend line. Price Action analysis can tell the previous support becomes a resistance.
As it can be noticed from the 8H timeframe chart of BITCOIN, the price has broken out of the ascending channel illustrated on the graph and is now in the process of pulling back to re-test the penetrated key zone that lines up with the 0.618 Fibonacci retracement level. Multiple confluences are showing that the sentiment of this security is expected to remain...
There are a few indication in the price action sentiment that gold could possible turnover. You do want to make the mistake and have the wrong bias about a trend change to early ! Therefore, It is important to pay attention to the market structure when price may not be so clear on trend changes.. Currently gold has been consolidated and structure indicates it...
Hello TradingView Family, this is Richard, and if you like this idea, kindly support with a like or a comment. I found BITCOIN chart as a great practical example of Wyckoff's Theory. Similar to the one I posted for GOLD a couple of weeks ago. (attached in the "link to related ideas section", to keep this one clean) BTC is overall bullish trading stuck...
Sign of Strength in the chart: 1. Reaccumulation with sign of strength 2. Potential VCP Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
there is 55ema high low band support it also foam doji candle and also confirm doji there is also a positive divergence
Evening Traders, Today’s analysis – CLVUSDT – trading above its Range Low where a trend continuation is probable, Points to consider, - Price Action Impulsive - Range Low Support - Range High Resistance - Swing High Objective CLVUSDT’s immediate price action is trading above its Rang Low, holding this level allows for a bullish bias. The Range High is...
Sign of Strength in the chart: 1. Change of trend with Bag Holding and Stopping Volume 2. Accumulation with Pullback 3. NS as support 4. Green Pentagon with Line Change Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment...
Wait for trendline break and retest for confirmation. Then enter as a sell.
Im expecting a breakdown with the NZDIndex and brining this pair to about 200pips Its a slow pair in my observation and opinion but can yield great rewards lets see how this plays out
Nice Setup before gold spiked. Looking for gold to reach the previous 1737.660 level. Been studying gold for a bit so I am starting to get the hang of how it moves. Moving average cross with 38.2 Fibonacci retracements in confluence with previous market structure. 3-4 Confluence/Confirmations when looking for decent setups!
Currently ,Adani ports is looking strong on daily,But its major trend is bearish on weekly chart.We can see the that the price is making higher high and higher low while the MACD is making lower high and low ,that is what is called as bearish divergence,we can say that the daily bullish monetum has been lost and price will not be continuing its bullishness with...
Technical analysis: . ICON/ETHEREUM is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.0050 to 0.0044). if so, traders can set orders based on...