This is my current outlook on BTC. I believe that BTC is currently at a premium price and to go any higher, price needs to be cheaper for more buyers to come in. As this is a very volatile asset, i expect a lot of profit taking in the coming weeks. "May fortune attend thee, and thy trade prosper." .......L2Earned
Gold has shown a rejection on sell today on american session opening but now it seem like gold is gonna follow its path to the sell side because gold has not broken its 4H trendline and has given a price action candle (Inverted hammer 🔨) over 4H TF which shows a sign of rejetion also 50 SMA also shows us gold is in sell trend in its higher Time frames also gold...
XAGUSD has made a beautiful move downward and now it seems like the bears have got exhausted selling this metal and we could see a daily level Bearish candle which has started with a good momentum to sell and then at the end of the day the Bulls had taken the control back and Pushed it all the way up with a bigh wick rejection also on the 2nd day after bullish...
Hi all This is my BNB Long Game Plan: - Before entering, please watch the Bitcoin price aswell, and check if they are trading the same direction. - Also, this is a RANGE play, a small trade between to clear levels. My general sentiment for the crypto market is very pessimistic, I will be having a close watch if I decide to play this range Here is my detailed...
4H bearish impulsive move followed by a corrective move which as you can see found resistance several times at around 61.8% Fib level. also in this area if you go to 1H time frame you can see there is a clean break supply zone. looking to short if following comes true: 1- price taking out liquidity from above the arrow. 2- price fail to close above the arrow.
Container Corp breakout to channel pattern along with monthly supply zone , good fundamentals can see more upside
Seems that we are checking the retracement levels - in addition reaching oversold territory.
- GBPUSD is below MA & Pivot Point. RSI is above 50 level mark. Reversing Up Trend is observed. - Upward Channel has been formed and price has currently reversed from the top. - Flat price range band is marked with 1.33879 – 1.134163 – 1.34629. - Breaking R2 – 1.34629 may take price up to 1.34845. - Alternative Scenario – Down trend may be observed below 1.34060....
Friends I hope you are feeling kind and generous today to give the idea the likes and comments it deserves. Analysis on #EURUSD I have warned in my previous analysis which you will find the link to it below this post to be careful from buying the EURUSD as I expected the money will fly to USD, and that's what happened. Now that the pair made the new 2021 low I...
4EMA IS SHOWING DOWNTREND HOWEVER WHEN I TOOK ENTERY THE RSI WAS GOOD NOW ITS AT SIDEWAYS POSITION SO DONT TAKE ENTERY NOW LETS OBSERVE THIS TRADE AND BE PATIENT ABOUT THE MARKET LETS HOPE THE MARKET BREAK THE RESISTANCE 0.77618 TO 0.77800 THEN WE WILL BE SEEING A BULLISH TREND THIS IS FOR EDUCATIOAL PURPOSE ALWAYS DYOR AND HAPPY TRADING
Hi traders. lots of possibilities on this pair for the week. more information on chart, searching for the double bottoms.
Greetings Traders! Here's some thoughts of USD/CAD: Since USD/CAD December High at 1.29570 , price has been falling all the way to 1.27000 . From the December High, price has created consistent Lower Highs and is expected to keep falling to the next Support Zone where new Trading Opportunities can be executed. Here's the two possibilities I'm...
Looks Like This Demand Zone is going to Hold Very FIrm and we can see Bullish moves on this pair from region for Long term.