Miles4life1

Miles4life1

Hello all, Today we will be discussing the current outlook of BTC. Price has broken out of the downward channel on the daily timeframe and is currently retesting the resistance level of $74-72K. I expect to see a pullback to retest the new support area around $69-67K and continue the bullish momentum

Miles4life1

Hello all, XAUUSD is currently trading within this descending channel. As it stands, price is respecting the support level of $2640 - $2630. A break below that support level would trigger a further push to the downside to retest the next level of support/demand at $2600 - $2590.

Miles4life1

Hello all, Here is my outlook on NAS on the 4H timeframe. Price has found resistance at the previous ATH of $20340 - 20250. I anticipate FOMC will drive price down to retest the rectangle box before rallying back to the upside.

Miles4life1

Hello all, Here we have an analysis of Gold on the 4H timeframe. As we can see, price broke below the upward trendline and is retesting the previous support level of $2640-2630. I believe that FOMC will drive price further down to retest the $2550-2540 levels for support before rallying back to the upside.

Miles4life1

Hello all, Today we will be taking a look at BTC from a 1D perspective. Price is currently retesting the green dotted horizontal ray. As mentioned in the text bubble, I am waiting to see if price will break above this line. A candle closure above this line will indicate more bullish momentum.

Miles4life1

Hello all, Today we will be looking at GOLD from a Daily Timeframe for a possible sell idea - Currently, price is trading within this rising wedge and is at the previous high. - A failure for price to close above will indicate a correction back to the downside of $2430-$2400. - CPI news will have some impulse moves where institutions will hunt for SL's before...

Miles4life1

Hello all, Here is my analysis on GOLD for the week - From the 4H timeframe, we can see that price has found support at the black line. - A breakout of the downward channel would suggest a further push back to the upside to retest the daily resistance area of 2480 - 2470. Cheers & best of luck!

Miles4life1

Hello all, Today, I am focusing on NAS from the 1D timeframe. - As we can see, price pushed hard to the downside retesting the previous demand zone highlighted by the rectangle box of $19,100 $18,900. - I expect a rally from this area to retest the supply zone of $19,600 - $19,500 before continuing to the downside. Like, share and comment!

Miles4life1

Hello all, Here is my outlook for Gold on the 1D timeframe. As we can see, price came down to the previous demand zone highlighted by the rectangle box. I anticipate price to find momentum from this area and rally. A break above the previous high will indicate further bullish momentum as we continue to make new highs.

Miles4life1

Hello traders, I want to chare my analysis on BTC. - Price has currently broken out of the channel where price has been consolidating for the past couple of months. I anticipate price to continue its downside move to retest the previous lows of $50 -52K. - A break below this area could see price retest the $42-40K range. Best of luck to all

Miles4life1

Hello all, For today's analysis, I will be focusing on Gold from the 1D perspective: - Rising wedge on the Daily timeframes indicates a potential long-term bullish move with the resistance show at $2450-2430. - I will be looking for entries around the supply zone highlighted by the rectangle. Happy Trading!

Miles4life1

Hello all, Here is my outlook on Gold. - Price has came to the supply zone indicated by the rectangle box and we saw price reacted by rejecting this area. - I anticipate a further push to retest the support level at $2290-$2280

Miles4life1

Hello all, I have 2 outlooks on BTC: 1. Price has respected the support zone of $60-$58k after closing below the previous support zone at $64-$66k. I anticipate the price to rally to the rectangle box before continuing its decent to $50-52k 2. A candle closure above the rectangle box would indicate that price is looking to retest the previous daily resistance...

Miles4life1

Hello all, Here is my analysis on XRP from a 1W timeframe - - Price is currently trading within this symmetrical triangle and a break out to the upside is approaching. - Once price comes to retest the resistance zone of $0.9000 - 0.7200 then I will look for long term buys!

Miles4life1

Hello all, Here is my perspective on Gold from the 1D timeframe - - Price has broken below the upward trendline and is currently retesting the zone of $2300-2280. - A closure below this area will indicate a long-term trend reversal with the next level of support being found at $2200-2180. Best regards, Don4

Miles4life1

Hello all, Here is my analysis of BTC from the 1D: - Price has closed below the support area of $67-66k. I anticipate that price will continue its move to the downside to retest the support area of $58-56K. - Price has been ranging in the support and resistance areas of $72-70K and $58-56K.

Miles4life1

Hello Traders, Here we are looking at NAS from the Daily timeframe and I have identified two possible scenarios that could play out this week. Scenario 1 is that if price closes above $17600 - $17400 then that will push price further to the upside back to $18k area Scenario 2 is that is price closes below this $17600 - $17400 area then that will indicate a...

Miles4life1

Hello Traders, Looking at GBJPY from the Daily timeframe there are two possibilities that can happen. 1. I am bullish if price continues to trade within this trend channel by breaking above the supply zone shown at $191.378 2. i am bearish if price fails to break above $191.378 supply zone and sellers push price below trendline causing a reversal. Price will...