We take a multi timeframe approach for today's gold analysis video. Taking into account COT data from the weekly chart, support levels on the daily and four-hour charts, we outline our rationale as to why gold could hit new lows after an expected bounce. MS.
GME on a weekly chart has clear the chop zone on that indicator and is now above the POC line of the long -term volume profile indicating that bullish momentum is greater than bearish momentum. I will take a long trade here targeting the pivot highs of 2022 for three quarters of the trade and the base of the high pivots of 2021 for the reminder. 21.7 below...
📉Hi Traders, Investors and Speculators of Charts📈 It's always good to refer back to the MACRO trend when watching BTC. From a macro perspective; we're definitely overdue for that proper bull-cycle correction - also important to keep in mind the halving coming up in April. We can confirm this bias by taking a look at a very specific indicator called the Balance...
Regarding our observations, currently there are more buyers in the market These are best levels regarding Support and resistance, Channels, Weekly pivots, Buyers and Sellers focus and order_block. Both Long-term and Short-term Trends are bearish! There is not almost any reason that could change the short-term trend in near future. We expect a bearish gold for...
According our observations, there are just a little more sellers in the market. Remeber we could just gauge traders which are not big players in the forex market. Most main important levels are 0.8690,0.8595 and 0.8520. We use the rest of them just for riskfree and saving profits. We'll long around 0.8595 and also we aim to short the pair around 0.8690. the...
USD/JPY has delivered a decent trend for bulls so far this year, having risen 14% since the January low. Yet we have been fully aware that net-short exposure to yen futures has approached a historical extreme as USD/JPT prices rose towards 145. Incidentally, 145 was the upper range of the liquidity gap we mentioned in a previous article which has now been...
FX:GBPUSD moving up in a channel, hoping to break 1.24514 and form a flag I will be buying above 1.24514 targeting 1.2550
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 The cryptocurrency markets and Bitcoin are trading predominantly bearish as the DXY increases in strength. In today's...
Heatmap for the NASDAQ The Nasdaq Heatmap shows a mixed bag after the first half of the trading day today. Major stock market indexes traded mixed in the first half of Monday's session A Fed governor told traders and investors on Sunday to curb their enthusiasm after last week's spectacular price moves, fueled by a rotation out of 2022 winners, into all...
All Moving Averages showing negative probability. untill all averaes come and aling then we could expect a good reversal..till that shorts only open. with strict stoploss.
Heatmap NASDAQ for last week The heatmap for the Nasdaq for the last 5 trading days looks great. Many names could improve by more than 10% with only very few exceptions, TSLA being a big outlier last week. Overall a very promising week which could actually indicate that we are getting very close to the bottom of the current bear market. General Market Update...
US Market Update The U.S. midterm elections won't have an official conclusion for quite some time. Meanwhile, investors are facing questions about what Thursday's latest inflation report means for the path of interest rates. The general reaction toward corporate third-quarter earnings has been poor. This puts the durability of the latest rally attempt during...
If you watch price on QQQ or SPY, you will see a strong price battle going on between buyers and sellers. Daily timeframe, the question of course is whether PPI tomorrow causes another gap down or a reversal back up towards upper resistance line. RSI and stochastic do not provide a reliable directional signal right now; all the more reason for caution in your trades.
Buyers are taking a real beating, they keep buying but the dollar keeps pumping. At some point the market will need to give them a sign of relief. Since we have swept the liquidity below this zone and tapped into a mayor order block, we may begin to see slight relief here. BUT Don't think that a bullish candle means a reversal! This is what they will want you...
Morning/Evening all! BTC has entered a very choppy range, which means the price moves in a tight range bouncing between many levels chopping positions of all market participants, shorts and longs alike. In this picture I have marked and mapped the choppy areas as well as the zones that should be considered Resistance and Support. There are two ways to use this...
as we can witness the volatility are again high. uncertainty is again there in the market. all we have to maintain is our risk&reward ratio which is the only holy grail of the stock market. I will remain neutral. tomorrow and will see how the market will perform tommorrow.
Hi everyone, Wish y'all have a profitable life. 📌 Today I would like to talk about a very important factor that every trader has to consider very important in their technical analysis. ⚠️ The topic is "EMOTION" and how it can lead to possible profit and or losing money. ⚠️ And how can you avoid "FOMO TRADING" ! 📍It's almost been a year that I have started...