habib75rajabi

habib75rajabi

Currently, the price has reached the top of the corrective triangle pattern, leading to two possible scenarios: 1. Scenario One: The price makes another correction toward the bottom of the triangle and then moves upward to reach higher targets. 2. Scenario Two: The price breaks above the top of the triangle and continues its upward movement. TP1: $96,790...

habib75rajabi

Due to the critical role psychology plays in trading success, I’d like to share a summary of The Disciplined Trader by Mark Douglas. This book dives into the mental and emotional skills required for consistent and profitable trading, revealing the mindset needed to stay calm, disciplined, and focused in the markets. Here’s a brief overview of its key insights. ...

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Following trump's victory and BTC rally , ADAUSDT has broken out upwards from a triangle pattern .It's predicted to grow another 22% over the next 3 days , and if it successfully surpasses the 0.5700 price level , it could see additional 17% increase .

habib75rajabi

The DYDXUSDT pair, after breaking out of the downward channel to the upside, is currently forming higher lows and highs. The Fibonacci extension of the previous bullish wave aligns with the 1.3500 level, which also corresponds to the previous high. Therefore, our target price is set at this level. SL (Stop Loss): 1.1742 TP (Take Profit): 1.3500 Risk/Reward Ratio:...

habib75rajabi

Following Trump's victory and Bitcoin's rally, ADAUSDT has broken out upwards from a triangle pattern. It’s predicted to grow another 22% over the next three days, and if it successfully surpasses the 0.5702 price level, it could see an additional 17% increase."

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As the U.S. presidential election approaches, it’s time to consider how it might impact our trading strategies, particularly with the U.S. dollar and EUR/USD. Political shifts bring market volatility, so let’s break down how each outcome could influence the dollar and the EUR/USD pair. Election Outcomes and Market Impact 1. If Democrats Win: A Democratic victory...

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Cryptocurrencies are skyrocketing just 7 days before the presidential election, and many people are wondering why. The answer, which should come as no surprise, is of course, Elon Musk.The reason is a perfect storm of sorts. Musk’s increased prominence as he campaigns for Donald Trump, his recent comments about cryptocurrency, and his potential role in a Trump...

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A recent price gap on the USD/JPY chart suggests potential for a long position. Given the price gap, we expect a possible gap fill scenario similar to last week, where the price moved to close the gap. This provides an opportunity to enter a long trade, anticipating upward movement with a careful stop loss. Support Zone : 151.650 - 151.752 Stop Loss: ...

habib75rajabi

The Forex market is open 24 hours a day during the weekdays, allowing traders flexibility to trade at any time. However, understanding the best times to trade is essential for effective trading. The market is divided into four main sessions: Sydney, Tokyo, London, and New York, each corresponding to peak activity in key financial centers. Using a Forex Market Time...

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Since rising tensions have played a significant role in the recent increase in gold prices, let’s look at each U.S. presidential candidate’s approach to handling these tensions and their future plans. Kamala Harris, representing the Democratic Party, is focused on diplomatic efforts to reduce conflicts in the Middle East. She generally follows the Biden...

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Fibonacci Channel: A Tool for Identifying Potential Trend Levels The Fibonacci Channel is a powerful technical analysis tool that advanced traders use to identify potential support and resistance levels within a trend. This tool is particularly useful in trending markets, such as Forex and equities, to gauge price movement and pinpoint strategic entry and exit...

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Recently, I published an analysis on this currency pair in which I mistakenly drew the target price for wave B. Generally, corrective wave B is equal to wave A in terms of time and price, and wave B is often shorter than wave A. Currently, wave B is equal to wave A in terms of time. Additionally, the price has recently formed a triangle pattern, and it’s expected...

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BTC broke out of rising wedge pattern ; In this technical analysis, Fibonacci retracements of price and time were used to compare the strength of buyers and sellers. As we can see, after an impulsive wave where BTC's price increased to 73,600 over 182 days, it corrected by only 50% over the next 182 days. This means that the market has given sellers as much time...

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Technical overview: The EURNZD currency pair has recently formed a head and shoulders pattern, and the price is currently at the neckline of this pattern as well as a significant resistance zone (1.8065-1.8160). If the price successfully breaks through this area, it could reach the specified price targets. However, if the price reverses downward from this zone,...

habib75rajabi

The potential target and timing of the third wave have been drawn using two tools: Fibonacci Extension and Fibonacci Time. According to this analysis, within the next two weeks, we can expect it to rise up to 44,000.

habib75rajabi

It seems that a head and shoulders pattern is forming. If the speech by the Governor of the Bank of England regarding GBP suggests any acceleration in rate cuts, then we should definitely expect the completion of the head and shoulders pattern for this currency pair. In just a few minutes, we will be ready to trade this pair.

habib75rajabi

In several of my previous analyses, I mentioned the state of the Forex market due to geopolitical tensions . As a result, we are witnessing an increase in safe-haven currencies like USD compared to riskier currencies such as AUD and NZD. Therefore, by following proper risk management principles, you can open short positions on this currency pair. Additionally,...

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with a formation of double top we expect a correcion towards the support zone . Feel free to comment , like and follow fore more ideas and free signals.