Hello Traders ;] As I examined the GBP/USD pair, it appears we're in a prime position for a short trading strategy. The pair has retraced into the 0.79-0.61 zone, a classic area that often signifies a natural correction within a trend. Such retracements can offer strategic entry points for traders looking to capitalize on potential reversals. Furthermore, a...
Hello Traders, Following the New Year, the DAX has tempered its upward momentum. After the first significant correction in a long time, resulting in a 3.4% drop from the all-time high. The price has fallen below the 32 EMA and the 82 EMA on the 4-hour time frame, leaving it sandwiched between the 200 SMA and the remaining pair of EMAs. The last time these...
Hello Traders! :) In this week's analysis, we witnessed an intriguing battle at the weekly EMA level for BTC. Unfortunately, this level held firm, and we are currently seeing accumulation around the lower boundary of the weekly Market Profile. At this level, we can observe the development of the weekly Market Profile's point of control, signifying a significant...
Hello Traders:) BTC just positively accepted the weekly VWAP. Potential long to the upper limit of the weekly VWAP. The scenario will be negated after BTC breaks the lower limit of the VWAP. Good luck with your trades!
Hello Traders :) BTC accepts the VWAP extension , closing below creating a Heikin Ashi signal starting potential shorts towards the upper VWAP band. Confirmation of decreases in the form of a multi time frame MACD indicator. The negation of the scenario will be after the candles close above the band to which BTC showed a reaction a moment ago. After...
Helloo Traders:) DAX has already double-tested the lower limit of VWAP -1, accepting this level twice with a dynamic break to the upper limit of VWAP. Currently, the session closed above the level of the lower line VWAP. What may announce another positive break towards the upper limits of the VWAP. Opening a long position after Heikin Ashi generates...
Hello Traders:) Let's start by recognizing the overall trend in the electric vehicle sector. Global sales of electric vehicles have more than doubled in just two years, marking a sixfold increase compared to 2020. Considering the future bans on the sale of gasoline-powered cars, this trend is expected to be sustained and even strengthened in the near future. This...
Hello Traders:) Enjoy this small tutorial about VWAP 1. Definition: VWAP is a popular technical indicator used in trading to assess the average price at which a security has traded throughout the required time range, weighted by the volume of each trade. It provides a reference point for traders to evaluate whether they are buying or selling at a favorable...
Hello Traders:) Currently, the level of the top line of the Market profile from Monday is being tested. Previously, after breaking this level, KAVAUSDT exploded over 30% up. Currently, after returning and positively testing this level, I assume a return to at least the upper limits of the market profile from the previous days, which will give us at least 10%...
Hello Traders:) I expect a morning rebound after the market opens to the red line levels. Hence, I will look for an opening of shorts with targets marked with green lines. The first level of short is the upper limit of the market profile for both Thursday and Friday. This level has been tested many times. The second level of potential short play is the upper...