hi every one happy Yalda night to all humans around the world in my opinion btc should retrace to 0.5 fibo area even may touch the 0.618 area but the most important thing is that we are in a bullish phase and selling trades are not allowed , i suggest to keep calm and buy the dip on 80k and 74k .
join the rally thsi is a quick scalp in 15 minute time frame tp is current week highs lets ride it
i believe we can scalp this trade in oil lets do it tp1 is strong support area if lose then tp2 will be accessible
last week we faced a bearish retracement movement in looney and it's visible that price covered the previous rally's missed areas but i believe this week will start like this , and we may at a snipper entry point of the reversal swing which is through a rally to retest ATH lets ride it ...
Keep in mind that it was Thanksgiving on Thursday in the United States, so there’s very little in the way liquidity. Canadian traders are on board, but the traders in New York and beyond as far as America is concerned are basically persona non grata. With that being said, the overall trend is to the upside, and I think that is something that you need to keep in...
1st tp ATH Canada continues to see the downside opening up in economic data prints, spurring the BoC to step up the pace of rate cuts heading into the end of the year. Canadian Retail Sales figures from August are slated to print on Friday, and are expected to stick to the trend and moderate further. However, the long-dated data is unlikely to spark much...
it needs to taking action to the tp which is current resistance
price should touch the higher time frames supply zones here i suggest a pretty nice position by a 1:1.5 RR ratio this is an educational article.
AUD/USD appeared to be on track to test the yearly low (0.6349) amid the bearish prices series but lack of momentum to break/close below the 0.6380 (78.6% Fibonacci retracement) to 0.6410 (50% Fibonacci extension) region may push the exchange rate back towards the 0.6510 (38.2% Fibonacci retracement) to 0.6520 (23.6% Fibonacci retracement) zone. Next area of...
strongly believe that next ath will be between 90 to 95k this is like 2021 start of bull run from 20k to 60k i wont miss this chance this time
I see a triple bottom here and of course this is a trend reversal pattern , look how bullish is market here
GBP/USD Lows Tested and a Return to Normal Trading Conditions While the trading in the GBP/USD was volatile it was not out of the ordinary. Traders with experience certainly knew fast conditions would be seen last week. Now that the U.S election is done and the Federal Reserve and Bank of England have acted, the coming week of trading will return to mostly normal...
check the chart and tell me what do you think ? i see that the yesterday and today news and data are loosing their affect in the market so it's the time of pure price action
it's a very important day for GBP ,news and data are so impact so they can affect the price strongly. i prefer to focus on selling in 1 hour time frame and candles . price has rebounded from over bought area and at least for today this pair should retrace . lets see ...
the 50-day EMA is rolling over and preparing to break below the 200-day EMA, forming the so-called death cross. Whether or not this will have a significant impact remains to be seen. It's important to note that the New Zealand dollar is highly sensitive to commodity markets, particularly soft commodities like food. If we break below the 0.5950 level, it's likely...
The New Zealand dollar continues to decline, solidifying its position as the second-worst-performing major currency this year . It was trading at 0.5916 USD late Thursday in Wellington and has shed nearly 6.5% against the US dollar since the beginning of the year. By early Friday it had dipped below 0.5900 and was trading at 0.5893. It is falling thanks to the...
For today , the most important thing is the announcement of the US jobs numbers. Ultimately, breaking the general downward trend according to the performance on the daily chart requires moving above the resistance of 1.3150. GBPUSD will still be bullish in long term and it's clearly tryin to reach the decade's resistance.
Price is tryin to return to it's upward channel and this kind of consolidating means BUY position for me , on 30 OCT i prefer to buy NZDJPY . Currently, the sentiment in the NZD/JPY market is estimated as bullish. The 14-day RSI reading is 62.51, suggesting neutral conditions. In the last 30 days, the volatility of the NZD to NZD has been 0.44%. The current NZD to...