In the world of forex trading, the GBPJPY pair has been a fascinating one to watch. Over the past four years, we’ve seen significant price movements, but one thing has remained consistent: the trendline drawn from the lowest price points on the weekly chart. This trendline has acted as a robust support level, and it appears that we might see it come into play once...
solana is most likely to break down from this pattern. the target would be 127 $ ish. i cant say much more about it. this is the setup i provide.
I know it is too early to say anything, but me thinking VVOS as a pre market gap at 3.60 could be a good trade. Stop loss at around 3.
Still in this range, moving up on the lower timeframes since Trump tweeted. See if it can break out of this range after over 9 weeks of consolidation. Do see the wick below being filled eventually around $0.40. Wait for a break on either side, above $0.64 buys continue toward $0.70+ A break below the lower $0.50s should easily continue toward $0.43.
Continued growth of WTI Oil rebounded from important support in the region of 65 and started to grow, I believe medium-term. I do not exclude intermediate corrections, but in general we aim at the area of 73 and there I will be specified. On the way of growth we have resistance in the area of 71.50 and from there we can bounce down locally. But I believe...
See my blue zones below and buy when its in the zone. This has seen to much selling pressure and just hit major support dating back a few years. Only way this fails is if the company looses its backbone during earnings.
On AUD/CAD, it's nice to see a strong buying reaction at the price of 0.91330 and 0.91140 . There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Uptrend...
I think its a perfect time to re enter or put crypto names back on your radar for a short term pump. We have shaken out all of the hype and bitcoin halving people, hope and happiness is almost dried up in retail. If we break our dark green line, I would stop out and wait for a re entry at next support. I see COIN to $230 soon....
I took a long shot at the level where there was the most volume in this bitcoin uptrend. First Tp has already been hit. We can move sideways, up or down. let's see what will happen. I leave it to the market to determine what the price will do.
Chart shows volume profile for Bitcoin from start of 2024. Today, the first rate cut by FOMC, the POC was $67,000 in the morning and flipped down to price after hours. New POC is at $61,000. This means price now has support.
With cooling of the labor market as the new priority and an objective of incentivizing borrowers without hurting creditors, the fed is likely to drop interest rates by 25 basis points which should set BTC on slight downtrend.
QQQ rallied up its resistance and tests with false breakout Volume increases over day before yesterday as resistance is tested again RSI trends downward and stays below SMA QQQ has been trending downward since August and now trying to break through its major resistance. Generally September and October are not great months for the market so extra caution...
I'm watching the price action closely today as we approach the CME gap at $61.5k. We have not yet taken the previous high on the CME chart. The gap is still open a little bit. We've also accumulated some liquidity at about $57.2k. It is also wednesday, which is know for it's trend reversal.
This scalp trade was initiated with the goal of capturing the quick rebound toward the mean and i expect the price to retrace quickly. The signal was generated on a lower timeframe of the asset but sadly 15 minutes is the cap.
Zillow is breaking out on monthly and weekly with decent volumes, getting ready for 2x move in first run and then we can will see for further targets. A weekly close below 56 will negate this and we will have to revisit this again.
Sibanye-Stillwater is one of the world’s largest producers of platinum, palladium, and rhodium. Read more on their website . If you are bullish on platinum, this is a fantastic opportunity. On the weekly chart we can see accumulation has been happening on high volume since it hit support in November 2023. V-shaped recovery on high volume on the daily (for...
On NQ, it's nice to see a strong buying reaction at the price of 19318. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Uptrend and high volume...
On ES (S&P 500 Futures) , it's nice to see a strong buying reaction at the price 5570. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The S/R zone...