trader9224

trader9224

A resurgence of buying interest is being observed, fueled by increasing institutional adoption and renewed interest in digital assets. I’m looking for Bitcoin to continue its upward movement as market confidence grows.

trader9224 Updated 

Crude oil is gaining momentum, with market fundamentals supporting a potential rise in prices. Ongoing supply constraints, alongside steady demand, provide a favorable backdrop for further gains. With crude oil finding support at key intraday levels, I'm looking for a move higher toward the next resistance zone. Entering long on pullbacks offers a good opportunity...

trader9224

Looking for a bullish continuation in the DXY, targeting a push toward yesterday’s intraday highs. Despite some volatility, the dollar has shown resilience, supported by steady U.S. economic data and elevated interest rates compared to other major currencies.

trader9224

I’m targeting a move up into the next resistance zone, with tight risk management to protect against volatility. Stops will be placed just below recent support, and the trade will be reassessed as new data releases unfold.

trader9224 Updated 

I’m anticipating a gap up into intraday resistance, followed by a relatively quick retracement to fill the gap. Once the gap is filled, I'm looking for bullish continuation as buyers regain control. This setup presents a solid opportunity to enter long positions during the pullback, with a focus on capturing the potential upward momentum after the initial retrace.

trader9224

Back to square one on the crude oil position, currently sitting at breakeven with a combination of a 1% loss, 1.5% win, and a 0.50% loss. Given that both the intraday crude charts and DXY are finding support at key levels, I see this as a prime opportunity to re-enter the market with a clearer view and a bit better RR. The market seems poised for a potential...

trader9224 Updated 

Crude oil is gaining strength as global demand continues to rise, while supply constraints persist. Geopolitical tensions, OPEC production cuts, and a steady decline in inventories are all contributing to upward pressure on prices.

trader9224

I’m expecting a bullish move in oil prices. This setup looks favorable for long positions, targeting the next resistance level as the market responds to improving fundamentals like reduced inventories and heightened geopolitical risks affecting supply.

trader9224

Gold is showing signs of weakness after testing resistance during the early trading session. With recent volatility and strong moves in the U.S. dollar, I’m expecting bearish momentum to continue intraday.

trader9224

I’m looking for potential short opportunities as sellers begin to step in. My approach here is to capitalize on the expected pullback, with a target toward the next support zone. Given the current global market uncertainty and dollar strength, I anticipate further downside pressure on gold.

trader9224 Updated 

I'm currently bearish on crude oil futures as the market faces increased selling pressure due to a combination of oversupply concerns and slowing global demand. Recent inventory reports have shown larger-than-expected builds, indicating potential supply glut, which could push prices lower. Additionally, with ongoing geopolitical uncertainty and weakening demand...

trader9224

Price action indicates a potential break above key resistance, and I’m expecting buyers to step in, pushing the pair higher. As always, risk management is key, so I'll be watching closely for any reversal signals.

trader9224

Following a gap down in EUR/USD, I’m looking to take advantage of a potential bullish move as the market seeks to fill the gap. Typically, gaps like this occur after significant weekend news or events, but often, price action gravitates toward closing the gap before continuing in the direction of the broader trend. This setup presents a buying opportunity,...

trader9224

The U.S. Dollar Index (DXY) is showing signs of being overextended after last week’s rally, with the weekly ATR (Average True Range) sitting at 1.5 but last week’s price action extending to 2.5 ATR. This suggests the market has moved significantly beyond its usual range, increasing the probability of a short-term correction. While the higher time frames remain...

trader9224

unexpected increase in inventories, coupled with concerns around weakening global demand and potential economic slowdowns, is likely to put downward pressure on oil prices. Technical indicators also suggest overextension, with WTI possibly pulling back from recent highs. I'm expecting a move lower as the market corrects and digests the supply surplus, targeting...

trader9224 Updated 

The latest U.S. Crude Oil Inventories came in at 3.889M, significantly higher than the forecasted -1.500M. This unexpected build suggests that there is currently a surplus of crude oil supply in the market, which could put downward pressure on oil prices. The higher inventory levels imply weaker demand or overproduction, both of which typically weigh on the market...

trader9224

For the week, I'm currently breakeven on EUR/USD after winning one trade and losing two. Despite the losses, I'm attempting another long position as the market appears overextended, and I'm anticipating a bullish correction into resistance levels. While the trend remains bearish overall, this setup offers potential for a short-term rebound as the pair corrects...

trader9224

DXY is showing signs of pulling back after reaching the top of its daily ATR range, indicating potential exhaustion in the current bullish momentum. I’m anticipating a short-term retracement as the index begins to pull away from these elevated levels. My focus is on a potential retest of the 100.800 level, which previously acted as a key support from which the...