The Covid-19 pandemic and Russia vs Ukraine war created supply shortages and imbalance in the global economy. In order to balance out the supply & demand and find equilibrium, demand needs to be reduced to meet supply. The way they can achieve this is by hiking interest rates, making things more expensive and making risk assets costly to hold. Until inflation has...
EURUSD is approaching a critical demand level and has formed a falling wedge which makes me think we could see a huge bullish breakout on the pair. If EURUSD turns from bearish to bullish at the key demand level on the 1D and 4H timeframes I will go long to the 0.382 of the Fibonacci measured on the weekly bearish impulse. If you appreciate this analysis please...
I am expecting a further move to the downside after the correction and btcusdt close below the resistance zone on the 4hr timeframe and price action has turned bearish. From that point I will be going short to 29k with high probability for the move to the downside. If you appreciate this analysis, please drop a like.
Holo could find support at the 0.019-0.20 zone. Once the market has turned bullish on the 4hr and 1hr timeframes I will be going long with good risk to reward. If you appreciate this analysis please drop a like.