❤️GOLD pulls back before $2,100❤️❤️MY FOREX TEAM❤️
INFORMATION
Gold is taking a breather after testing the three-month high at $2,088 in early Asian hours on Monday. The US Dollar is looking to find its feet alongside the US Treasury bond yields, as markets resort to repositioning ahead of the high-impact economic events from the United States this week.
💲BUY / SELL SIGNAL UPDATES SHORTLY💲 Follow channel for regular updates
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❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
Gold pulls back before re-attempting $2,100
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
Volumeanalysis
BTC suffers from institutional selling after a breakoutBTC recently enjoyed a breakout above its resistance level with strong momentum before quickly getting hit with a institutional sell trade. This caused BTC to temporarily sell all off nearly 2k in a few minutes. This is not the only sign of weakness in BTC lately.
Whale selling has picked up quite a bit lately.
Many new wallets been created with small amounts of BTC in them (retail trading)
As institutions and larger players exit a bull rally, retail traders enter out of excitement. This spurs the price to rally a little bit further before finally a reversal takes place and bears take over.
Holding onto BTC and other cryptos is becoming riskier the longer this rally continues. Watch your holdings closely and don't get greedy
Analyzing BTC Price Movements Amidst Varying Trading VolumeIn recent days, we've observed an interesting thing with BTC: upward price movements on diminishing volumes. On the 29th, a significant spike in volume corresponded with a big price increase, a obvious indicator of strong market interest. However, following this event, Bitcoin has continued to find similar size moves up, but on substantially lower volumes.
It indicates we are in a market where even limited buy-side pressure pushes price increases, which indicates a scarcity of sell-side liquidity. Bullish. If we were to see a resurgence of volume similar to that of the Feb 29th, the stage could be set for an god candle upward move.
Analyzing key technical indicators presents a more nuanced picture. The RSI, while not in the overbought territory, edges closer, suggesting a growing momentum. The CCI and MFI offer additional perspectives on market cycles and the strength of money flows into BTC, respectively, both reinforcing the observation of a market poised for some mean volatility. The RVI's current stance indicates that the recent price action has been met with a relative degree of confidence, which could mean continued upward movement.
While the market's sentiment seems to lean bullish based on what im seeing, approach this analysis with caution. Markets are volatile, and while technical indicators can provide guidance, they are by no means infallible predictors. Stay frosty.
APT/USDT: APT Trade EntryWe are considering a scenario of the beginning of APT purchases.
Since the beginning of the second half of October, the asset has been demonstrating an upward trend, starting from the price level of $4.7926 and reaching $11.0934. This growth amounted to over 130%.
At the moment, APT is undergoing a correction and is trading around the inclined resistance level. The POC volume level is also close to this resistance level.
We are entering a trade on APT with the expectation of growth to the price level of $11.0934, which is more than 16%. Upon reaching this price, we plan to partially close the position, leaving it open in case of buyer activity and positive market sentiment.
Then we will hold the position until the next target at the price level of $12.9259.
ADA/USDT Trading ScenarioBelow is the price movement scenario for ADA.
After significant consolidation of the asset in the price range between the support level at $0.2327 and the resistance level at $0.4582, an impulsive breakout of the resistance level at $0.4582 occurred at the end of 2023. This caused a subsequent establishment of a local maximum at $0.6883.
Despite the overall positive trend in the cryptocurrency market and steady growth of BTC, the asset experienced a correction, dropping by more than 30% and testing the broken level of $0.4582. This was followed by an attempt to rebound; however, from the volume profile perspective, the asset encountered volume resistance.
We expect further development of the scenario for acquiring the asset. In case of a decrease in the asset's price and subsequent retesting of the resistance level at $0.4582, as well as holding this level, together with the shift of the global POC to this mark, we will begin to form positions with further holding.
❤️XAUUSD Retest 2050❤️❤️MY FOREX TEAM❤️
INFORMATION
XAU/USD looks to test $2,050 ahead of key US data
💲BUY / SELL SIGNAL UPDATES SHORTLY💲 Follow channel for regular updates
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❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
Gold price bounces toward two-week highs of $2,041 early Tuesday.
US Dollar sags with US Treasury bond yields, as key economic data awaited.
Gold price teases a pennant breakout and Bull Cross on the 4H chart.
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
Price Action & Volume - A trick that will help you TODAY!People underestimate volume and what it could tell you about buyers and sellers in the market. This "strategy" or more accurately this way of understanding Volume can be utilized in any time frame and will open you up to understanding more movements and why things happen in "random" areas - when they are truly not random.
Hope this helps and as always,
Happy Trading!
GBPUSD, Short, AB=CD Gartley222, Extended pin bar at key levelWe might play out this as a Gartley222. Not entering at the 78% retracement level,
but we have a great pin bar on the 2Hour chart at a very Key level. Close below the previous major low and a 1 to 1 AB-CD move.
Volume profile- the pin bar occurred on raising volume which for me indicates stops taken, but also it's what Wyckoff will call nonvalidation, huge volume, but the bar closed at its lowest. Nonvalidation is a good edge at turning points.
The red box is the 61% retracement of the AD leg of the Gartley. Some people use this as a target. I manage the trade differently but wanted to illustrate that even this target provides a good Rirk/Reward rate.
P.S. For the harmonic pattern junkies: the red dotted line might be interpreted in the 1-hour chart as a 3 drives pattern, entering at the level was going to be great. I was personally late for it.
GBPJPY LONG ❤️Forex Besties❤️
INFORMATION
The UK economy has experienced a notable downshift since the start of 2023 which culminated in a technical recession for the second half of the year.
Worse-than-expected GDP data for the fourth quarter revealed a 0.3% contraction (QoQ) to mark two successive quarters of negative GDP – the definition of a technical recession.
🔥BUY GBPJPY 188.400 - 188.600 SL @187.494
✅TP 1 @ 188.900
✅TP 2 @ 189.300
✅TP 3 @ 189.692
❤️FOREX BESTIES WEB - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
*Economic deterioration confirmed in Q4
*Much anticipated tax cuts could be announced next month while the BoE is still concerned over wage growth and services inflation
*Sterling eases further while FTSE 100 opens higher
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
TSLA - Mid & Post Trade Analysis - Why did this breakout happen?As you'll start to catch on, when we look at the market as "who is in control" then it's only a matter of time before that side takes control and then all that we have to look for is WHEN they will take that control and break out of the control.
Here, we saw TSLA was conforming to its' controlled selling channels and we had a perfect bounce yesterday where the bottom of our controlled selling channels wedged with our buying continuation channels.
Stay tuned for further analysis like this one so that you won't miss the next breakout!
Happy Trading :)
FXS/USDT Speculative TradingBelow is a speculative deal on FXS/USDT.
After the consolidation period, the asset has begun to demonstrate an upward trend, showing a strengthening of its position in the market. During this period, the asset's price bounced off the inclined support level three times, indicating strong buyer interest at this level.
As of writing, there is a consolidation phase around the Point of Control level, which may be a sign of a temporary slowdown and accumulation of positions for further movement. At the same time, a clear support level has formed at the price of $10.916, which has already been approached three times.
Such price movements can provide opportunities to enter the market.
At the current prices, there is a possibility of buying the asset with subsequent holding of the position in anticipation of overcoming the resistance level at $10.916 and further movement towards the $12.416 mark. The expected growth will be more than 30%. If the trend strength and positive market dynamics are maintained, we plan to hold part of the position for further participation in the movement.
EURJPY Uptrend If Breaks❤️MY FOREX TEAM❤️
INFORMATION
EURJPY if it broke and close above the key. The growth may continues
Resistance - 163.44
Everyone success..👍👍👍
❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
FOMC MINUTES make changes to current trend
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
XAUUSD 🔥Small Short Then Up🔥❤️MY FOREX TEAM❤️
INFORMATION
Gold is trading on the back foot below $2,020 early Tuesday, following a positive start to the week and logging a three-day recovery rally. The XAU/USD price upside seems likely capped by a renewed uptick in the US Dollar and the US Treasury bond yields.
💲BUY GOLD 2002-2010 💲
SL @ 2000
TP 1 @ 2016
TP 2 @ 2020
TP 3 @ 2030
TP 3 @ 2038
💲SELL GOLD 2035-2040 💲
SL @ 2045
TP 1 @ 2032
TP 2 @ 2027
TP 3 @ 2018
Everyone success..👍👍👍
❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
XAU/USD holds above $2,000, PBOC rate decision, FOMC Minutes eyed
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
ROKU runs to Earnings ROKU on the 15- minute chart with an overlaid volume profile and anchored VWAP bands
demonstrates a high volume area breakout on Tuesday last week having passed through the
entire high volume area bottom to top the previous 24 hours. On those days it had a burst of
volume. The volume is constant and consistent. Earnings are in two days. More volume
spiking has been seen in the last trading session. I see this as an excellent long trade setup
as a swing trade for the rest of the week into next if the earnings are better than they were
last November
AUDJPY BEARISH❤️Forex Besties❤️
INFORMATION
The strong short-term decline in AUD/JPY calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 97.47 JPY, one could consider taking advantage of the short-term movement. The first bearish objective is located at 97.04 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 96.80 JPY as an objective. Crossing it would then enable sellers to target 96.41 JPY. Be careful, a return to above 97.47 JPY could jeopardize the reversal.
🔥SELL AUDJPY 97.800 - 98.900 SL @188.127
✅TP 1 @ 97.600
✅TP 2 @ 97.300
✅TP 3 @ 97.100
❤️FOREX BESTIES WEB - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
FGEN A Biotechnology Penny running to earnings LONGFGEN has been uptrending for two weeks. In November's earnings it beat on revenue and
burned less cash than projected. Another earnings report is impending. On the 30 minute
chart, price has pumped 250%. The volume is okay but is not showing a rise and the price
volume trend is flat. This is an unusual pattern. The mass index indicator shows hints of
getting into the threshold and trigger zones. The dual TF RSI shows both low and high TF lines
in the 60s. I am inclined to watch this, the price rise without corresponding volume increases
seems to run against Wychoff theory. I will put it on a watch list. As a speculative penny
stock with no earnings I will leave it alone until I see increased volume and volatility at
earnings. Could there be some manipulation hidden behind the chart?
Nord is 2 Cents, been $20 Just had Record Breaking VolumeWe just had more volume this week with Nord than any other week to date.
This is huge
We called nord back in November due to extremely High Volume when the Price Bottomed Out Showing True Bullish Potential.
Nord has already had days where it's ran as high as 400% and for a limited time only is close to it's original buy in price of 10 cents!
Seriously this is an amazing opportunity anybody looking for longer holds
ETH IdeaHello friends,
BINANCE:ETHUSDT price fall very well. we are near to the place where a lot of volume exist.
I think when price reach that point, Eth will reaction to at and may push the price up.
When price reach there, wait for confirmation and then we can open buy position.
P.S. Please be careful. This is just my idea. Do your analysis first.
ETH - Recurring Wyckoff "Jumping The Creek"CRYPTOCAP:ETH
This patten has unfolded consistently, multiple times, across ETH and many other ERC-20 pairs.
It's a simple Wyckoff accumulation/reaccumulation schematic, sweeping liquidity then double bottoming, followed by a flag at the DB neckline (w/volume) then breaking higher.
The best part of watching this unfold is from a macro bottom into the expansion phase clearly illustrates the lessening amount of resistance PA has to grind through and the angle of acceleration once it breaks.
This is where people get left behind, this phase illustrates the exponential nature of what this space is.
It's beautiful IMO 🥹
Weekly volume divergence and bearish reaction Here is one of the reasons why I expect the dump. Since this “bull” market started, there have been two trends in volume, and both are downtrends. Which creates a massive divergence with the price. The only volume candle that broke both trends with almost double the volume of the yearly trend at that moment - was bearish. Rejection from reaching 50k. Less and less bullish money is creating the price. FOR A YEAR! And bearish cash is there. Obviously.