currencynerd

currencynerd

price is in a bearish parallel channel and is failling to trade above 140.000 price areas. i have short targets to daily demand of proximal price @ 137.300 put together by : @currencynerd , pako phutietsile supply and demand!

currencynerd

price reached price level of interest @ 140.800 but did not manage to close above the level FX:USDJPY also broke out of parallel bullish channel forming several OCHL candlesticks below the channel indicating bullish momentum being highly present in the market! i have short targets at low of liquidity pool @ 136.600 put together by : pako phutietsile,...

currencynerd Updated 

demand level of proximal price @ 101.500 is in control of price , targets levels at nov 22 price areas at supply level of proximal price @ 112.000 supply and demand in combination with price action! put together by : pako phutietsile, @currencynerd

currencynerd Updated 

gbpusd , great british pound / u.s. dollar (the cable) economic outlook : on May 11 2023 the BoE is meeting and it is expected that they will hike the interest rates and even though on May 3 the Fed are also expected to lift rates there is a interest rate differential as the Fed are also planning to pause raising interest rates which could signal the british...

currencynerd Updated 

So many begin trading thinking it’s a get rich quick scheme. There is absolutely nothing “quick” about learning to trade. It takes constant work and it’s never over. Endless persistence and risk management is how you survive / thrive. Not sexy. Do you want truth or fiction? Treat it like a sport that is played 365 days a year, you won't survive being average in...

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There is a huge debate between traders on which is better between the two , from my personal experience as a trader you must be able to use both types of analysis and have a form a balance between the two. Charts are a leading indicator for fundamental analysis. FUNDAMENTALS give an idea of which financial instrument to buy/sell , TECHNICALS give an idea of when...

currencynerd Updated 

on the start of the trading week Oil witnessed a big decline in value of more than 8% registering its worst loss since late 2021 , but even with the big loss oil prices are up 30% for the year , with much of the acceleration in price or bullish catalyst being the Russian- Ukraine invasion. With little to no success in the peace talks between the two nations the...

currencynerd Updated 

price gave us a third touch at the top of a descending bearish trendline , this price action in taking place on a daily supply CP level , which is now in control.

currencynerd Updated 

The crypto market this past week has suffered a decline in value , FROM THE SELLOFF ETHUSD is now nearing a liquidity pool ranging from 3917.600 to 3878.89 which is a very significant zone which may act as short term support/demand to push price up to 4093.53 daily supply level which is a crucial level of bearish sensitivity , which we may cause price to breakout...

currencynerd Updated 

higher timeframe (daily) supply zone in control on hourly we have trendline break as price is trading below it showing shift in momentum to the downside with targets at 1hr liquidity pool which is nested in 4hr demand level.

currencynerd Updated 

on my last idea on Bitcoin i published that bitcoin price was expensive and now targets have been reached and i anticipate price now is cheap and looking to buy the cryptocurrency to prev weekly demand now turned supply. BUY WHEN PRICE IS CHEAP(DEMAND) SELL WHEN PRICE IS EXPENSIVE(SUPPLY)

currencynerd Updated 

price gave as a third touch on bullish trendline and is currently in a daily demand zone , i have buy stops @ demand proximal price of 0.91175. targets at liquidity pool 0.92333.

currencynerd Updated 

price is reacting to a daily supply level which is neither fresh nor original , it is still valid , it is expected to push price down and breakout of bullish trendline.

currencynerd Updated 

price broke out of bearish channel forming multiple OCLH candlesticks outside the pattern indicating clear price breakout caused by the imbalance at liquidity pool ranging from 1.05459 to 1.01170 where we saw the start of the bullish price rally. targets at daily high @ 1.24270. FURTHER confirmation is Saudi British Bank launches ripple powered USD settlement...

currencynerd Updated 

supply and demand incombination with price action. 4th touch on trendline and reacting to daily resistance level and supply zone. targets at daily CP LEVEL.

currencynerd Updated 

supply and demand IN combination with price action.

currencynerd Updated 

xauusd , gold spot / u.s. dollar 2023 ... will gold reach new highs ? the precious metal has been trading in a consolidation phase since second quarter of 2020, trading between 2 significant levels of average price of low @ 1687.000 and high @ 1933.000. market momentum changed from bullish to bearish @ $1933 making a -7.15% loss in price to current price, i...

currencynerd Updated 

eurusd euro / u.s dollar price found support @ 0.96000 price areas where it made the low of 2022 also having been in an overall downtrend for the year. since gaining some bullish momentum from the support, price made a +14% recovery to current price. price is currently failing to climb higher as it has found some resistance @ 1.00000 price areas, this...