8.18.2024 Weekend Pre-Market Analysis Platinum Platinum pre-market analysis.
Setup out zones and levels to prep for the week ahead on Platinum.
Look for structure setup on the lower timeframes to get into the trade.
Traading
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✅AUD_CHF TRADING IN A RANGE|LONG🚀
✅AUD_CHF is approaching a demand level
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
LONG🚀
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✅DXY WILL GO UP|LONG🚀
✅DXY is going down to retest a horizontal support
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above
LONG🚀
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DXY dollar index Technical Analysis, tweezer top on the weeklyTechnical analysis for the DXY dollar index, the index formed tweezer top on the weekly chart, which is a signal for a pullback. The first target for the pullback, the 0.386 FIB retracement at 95.55, was achieved. The second target is the 0.618 FIB retracement at 94.70. The support and 0.618 FIB retracement at 94.70 will be monitor by a lot of traders and institution for potential rejection and resumption of the bullish trend.
BTCUSDHallo Traders.
I think the price will go to 36k and then bounce back to 38k and come back again after testing the 36 to30k area here it will happen double bottom and will see an upward trend to 42k again and to will go after that to 50k
BAT/BTC headed for a Bear hug?This is just a trading idea... its not trading advice.
From my observation of the 1D timeframe, and the rising wedge that BAT/BTC is forming while still in a downtrend... It seems to me BAT is heading for a continuation pattern. Which means it is headed further down... to around 0.00001800?
Well its too soon to tell.... lets watch and see if BAT bounces off the resistance and heads downwards towards support. It may just be the move we need to confirm that a bear hug is a-coming...
Good luck with your trades... guys!
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