solfury

solfury

The DXY has a slight bounce from the fib 0.786 golden pocket, but also at a neutral level of 107.158. I have plotted a trend channel from the higher timeframe which is marked by the dotted line. At this point, I would take a wait-and-see approach in the coming weeks until a clear direction takes place.

solfury

January we have Gold in Bull trend towards the Chinese New Year which is very common. I think it will be due for a pullback, as seen by a sell-off during Asian session. We have a candle displacement, taking liquidity at $2790 and now a retracement back. The first week of February will be full of economic news from PMI, NFP and England's Bank Rate. I expect some...

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As I analyse CRYPTOCAP:BTC - it is now at a crossroads. If in the upcoming week the price doesn't go up, it can possibly be bearish. However, we have a strong support around $92-93k, and if that's broken, we have to be careful. Notice how it looks like a double top on the weekly - the second wick is manipulation before distribution. Trust me, Im bullish on...

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Bitcoin reached $106860 - previous highs and retraced back to gap for a liquidity grab. Currently seeing some bullish momentum to the upside. Taking a look if it breaks the trendline resistance this time or if it's a false break.

solfury

GBPUSD on the weekly shows a retracement to previous support after it has broke structure. Will monitor the price as it reacts at the trendline, if it acts as resistance. Price could enter below 1.2 as the next zone.

solfury

Bitcoin has been known to be in range, and we can use tools to analyze it's price action: 1. Trendline Tops & Bottoms as Support & Resistance 2. Trendline Channel 3. Premium & Discount Range For Premium & Discount Range, configure the Fib into 0.25, 0.5 and 0.75. These levels act as Intermediate Support & Resistances. Here, I do not use Fibonacci retracements,...

solfury

Here is my T.A. on the possibility of Solana to reach a target of $450 in this bull cycle.

solfury

It is not always easy to time a short, but looking at this chart I will share a couple of confluences that are interesting from a technical analysis point of view. First, there is a 5 wave completion of the Elliot Wave pattern. Then, based on the Wyckoff method of accumulation to distribution, we can gauge areas of UTAD and LPSY takes place. Lastly, we can...

solfury

EURUSD has been in a accumulation phase for over a year, and I believe that it is going into Phase E of the Wyckoff distribution phase.