Pamela_Oliveira

Pamela_Oliveira

EURUSD Ahead of the US CPI Data Yesterday, the US PPI final data for December showed 0.2% versus a 0.3% estimate, and YoY 3.3% vs. 3.4% estimate. This data created slight weakness for the USD, as the market anticipates the FED may cut rates more than once this year. Today, we await the CPI data, another important event for the US Dollar. If the data is lower...

Pamela_Oliveira

Looking ahead, the charts reveal an interesting pattern: dips in the price are consistently met with strong buying interest, with bulls firmly reclaiming control during these moments. As the saying goes, "go with the flow." Observing this behavior, I've adjusted my strategy to align with the market sentiment. I now favor buying on dips, aiming for a potential...

Pamela_Oliveira

This chart presents an analysis of the Bitcoin/TetherUS (BTC/USDT) trading pair on a 4-hour timeframe. Key components of the analysis include: 1. Chart Pattern: The chart illustrates a series of symmetrical price movements, potentially forming a descending channel. The price has been making lower highs and lower lows, confined within the two trendlines. 2....

Pamela_Oliveira

Some days ago, the price rose to resistance line and then turned around and dropped to support line, which started to grow. Then BTC rose to almost to resistance level, after which made a correction to support line and then continued to rise. Soon, BTC broke $102000 level and reached resistance line, after which price turned around and made downward...

Pamela_Oliveira Updated 

Short-term frame - need to adjust down to create liquidity, sideway has enough strength to increase more strongly SET UP GOLD PRICE: BUY GOLD zone: $2646 - $2644 SL $2639 TP1: $2652 TP2: $2660 TP3: $2670 SELL GOLD zone: $2697 - $2699 SL $2704 TP1: $2690 TP2: $2680 TP3: $2670 SELL GOLD zone: $2678 - $2680 SL $2683 scalpingAsian and European sessions TP1:...

Pamela_Oliveira Updated 

Supply and Demand Zone Analysis; After analyzing the XAUUSD market, I've identified key supply and demand zones that are likely to influence price movement. Current Market Situation; The market price is currently trading near the 2nd demand zone at 2664, having already bounced off the first demand zone at 2657. Trade Setup; With the price trading at 2668, I'm...