ProjectSyndicate

ProjectSyndicate

btcusd daily chart review/update. the SVB contagion spreading fast resulting in new massive wave of liquidations of leveraged position in crypto. 400 mln USD + liquidated last 24 hours due to the latest sell off in crypto space, as the stablecoins, including USDC and DAI are depegging from USD. Bitcoin already lost 50%+ of the 2023 gains and is off to a bad...

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Hey guys, Silicon Valley Bank contagion is spreading fast, this resulted in heavy depegs of USDC , DAI, FRAX. 10%-20% losses currently rebound in progress, but not sure that the worst is over yet. USDC holds a circulating supply of around 40 .9 billion while its market cap declined to stand at $35.4 billion. The deficit between the dollar pegged value and current...

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gbpaud 8hour chart review/outlook. V-shape recovery currently in progress and bulls maintain short-term control. logical final TP bulls is 8220/8250 so scoop up any dips/pullbacks near market price now. Bulls maintain control until 8220/50 S/R. Bears should wait for price to max out later near 8220/8250 and be ready to short from overhead once price gets...

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gbpjpy 4hour chart review. currently trading in well defined range expecting more gains short-term. range is defined by range lows at 158.75 and range highs at 165.60. premium prices at 168.20/170.00 and 156.50/154.50. Bulls maintain short-term advantage since reversal off premium prices. however, bears will take over from overhead, so look to short sell near...

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Hello traders, today let's review euraud 8hour chart. currently bullish impulse in progress, expecting bulls to max out near 1.27/1.44 extension at 6250. speculative h*s structure in progress, reversal from overhead resistance so bears should be looking to short near 6250 using SL 50. Bears will target re-test of the neckline of the structure at 5350. strong...

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This is daily chart for GBPNZD, speculative H*S setup in progress. Left/Right at 9550/9600. head at 9850. neckline at 8850. bears will be targeting re-test of 8500 after the pattern is completed and we break down below neckline. Recommended strategy in this market: short sell rips/rallies near right (9550/9600). initial TP bears is re-test of neckline at...

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Hello traders, today let's review the updated outlook for XRPUSD, this is 8hour chart. noteworthy compression in progress, recently we had a stops sweep over higher high at 42 cents, which resulted in the new wave of liquidations. The bullish structure resembles the expanding triangle setup, expecting bear trap and stop sweeps below recent lower low, which was...

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eurcad 2hour chart review/outlook. H*S structure in progress, expecting final pump before reversal bears will take over from overhead resistance near 4520. 4520 is strong S/R mirror resistance, expect dump from here. previously eurcad bounced off the double bottom formation near 4260, right now almost maxed out and so be ready for trend change near 4520....

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usdchf 4hour chart review/outlook. getting overbought after as trong bounce off the lows near 9150. heavy resistance overhead near 9450 risk/reward shifting in bears favor. recommend to short/hold from resistance initial TP is 9350 final TP is 9290. noteworthy swing trade setup with low risk, expecting a normal 50% pullback in this market. 🎁Please hit the like...

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speculative xabcd setup advanced entry bulls near point C. currently pullback in progress, expecting a higher low print near point C, which is 0575. Bulls should stay out until we print a higher low at C. reload Bulls is point C of the XABCD, this is advanced entry strategy so use a tight SL. TP bulls / final TP is point D at 0750 +150 pips. short-term swing trade...

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Hey traders, let's review the latest 2 hour gold price chart. Price under sell side pressure recently, expecting mirror price fractal to roll out next few weeks, ultimately we are targeting 1785 USD on the downside. Recommend to short sell rips / rallies near 1840/1850 USD final TP bears is 1785 USD. Similar price fractal in gold in December 2022, this is...

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Hey guys, what's going on. So let's check out the aaveusd 8hour chart, currently pullback in progress and we recommend to stay out, until we hit strong supports below market price. Pullback in progress and 20-25% downside remains on the sell side. Bulls look to buy low if the sell side pressure subsides near key s/r zone 52/56 USD. Bears maintain short-term...

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How are you doing today, traders? Let's review the USOIL 4hour chart we are trading in well-defined range since December 2022, short-term expecting more sell-side pressure, however we are close to the lows of the range. Bulls should focus on buying low later near premium levels below market price, here's the review of key levels and recommended strategy for...

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Hello traders, here's a potential XABCD setup in CAKEUSD, recommended strategy is buy low near point C at 3.70 USD final TP bulls is point D at 5.40 USD so 50% gains possible here's the overview of the XABCD X at 4.97 USD A at 3.22 USD B at 4.60 USD C at 3.70 USD D at 4.40 USD speculative setup, as always do you own due dill and use conservative stop loss and...

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Hello traders, how are you doing today? Today let's review the market structure in GBPJPY 4hours, outlook is bullish , currently pullback mode after the recent fakeout of key s/r at 161.80 stop sweep after we printed a high at 163. 40 pullback will wipe out weak bulls. Sequence of higher lows: 156.25 higher low 157.50 higher low 158.50 new higher low We...

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Hi traders, today let's review the spot gold daily price chart, this is a speculative XABCD setup, advanced entry at point C BULLS look to buy/hold with tight SL details of the setup below: ::: point X at 1994 USD ::: point A at 1646 USD ::: point B at 1931 USD ::: point C at 1706 USD ::: point D at 2080 USD ::: point D = 113/127 ext ::: advanced entry at point...

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Intro/Overview Harmonic patterns are specific patterns or formations that form naturally on financial charts. A harmonic pattern forms on the basis of geometric price action and Fibonacci retracements/ extension levels. Harmonic patterns, if correctly identified, help traders understand price action and predict the direction of the price. Furthermore, these...

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EURAUD H4:BEST level BUY/HOLD TP +150/200 pips(NEW) 🔸 Summary and potential trade setup ::: EURAUD 4hour/candle chart review ::: this market is trading in range mode ::: rejection from overhead near 5550 ::: expecting short-term losses ::: BEARS will target Szone2/Szone3 ::: short-term pullback 5375/5290 ::: recommended strategy BULLS ::: wait for pullback to...