BTC is currently testing the All time High. Will BTC just plough through the resistance because of the ETF's or is there any other scenario possible? There is an interesting correlation and there are also key differences between the 2017 Bull Market Cycle and the current timeframe if we analyse the weekly and monthly timeframe. Historic Cycle 2017 As BTC...
Is EURNZD exhausting at resistance zone? As the price is been on high bull run and broke out of the descending channel but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be...
AGLDUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. Currently instrument is facing strong resistance and seems like it is getting ready for massive breakout. if the breakout happens, one can trade it with buy stop at level 1.42. If the instrument sustain the breakout then next target could be 1.700 What you guys think...
Is USOIL exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 75. What you guys think of it?
Is EURAUD exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.6300. What you guys think of it?
Is EURJPY exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 159 followed by 155. What you guys think of it
Is GBPUSD exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.2570. What you guys think of it?
H4: Pointing Upwards (H1 is overbought) D1: Up (H4 is overbought) Moving Average: Against Daily MA H4 pointing upwards Pattern: M30 AB=CD Strong resistance at 0.6490 - 0.6510 30 pip stop loss. 60 pip target Why are we taking this? 1) H4 and H1 is overbought 2) Strong structure 3) Yesterday's high 4) Lots of divergence
I have used liquidity grab and now gonna make a very dangerous trade
Hello Traders, welcome to today's analysis of Gold. -------- Explanation of my video analysis: In 2007 Gold started creating a major bullish trendline and just recently retested in in September of 2022. Furthermore Gold has been trying to break above the $2060 resistance area for quite some time now. Eventually I do expect a breakout but we could see another...
Is USDCAD exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.3350. What you guys think of it?
Hello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: All the way back in February of 2014 we saw a breakout of a long term symmetrical triangle on Nvidia. This breakout was followed by an insane +9.500% rally towards the upside. Right now Nvidia is trading in a solid ascending channel and is approaching the upper...
Hello Traders, Allow me to share my thoughts on the current EURUSD Pair. The current analysis of EURUSD reveals a complex price action, presenting challenges in determining a clear market position. On one hand, I could see an emerging/potential head and shoulders pattern, indicative of a possible bearish movement. This potential bearish bias is supported by a...
Hello everyone, I invite you to check the situation of BTC's capital domination over the rest of the market. We will start by identifying the downtrend channel where we can see that the chart is moving. Looking at the current growth, it is worth spreading the trend based fib extension grid, thanks to which we can determine significant resistance at the level of...
Hello guys, I hope you are doing well Let's review what happened last week You can see the gold chart in 1 hour. As we expected, the resistance zone prevented the growth of the gold price. We have a support level, we have to wait for this level to be broken, if we had a close candle below this level, we can enter sell positions in reversals. There is a...
OANDA:USDCHF USDCHF (H4) Reacts negatively to the 0.618 Fibonacci zone of the previous down wave. With a bearish red candle, we can execute the order: Sell now at 0.86692 SL at 0.86866 TP1 at 0.86541 TP2 at 0.86364 TP3 at 0.86120 Note: capital management 2%
SNOW looking like it wants to break resistance that's been holding since August 2022. It's been making higher lows since then, and a perfect bounce off the 50 EMA has this set up nicely to fly through $200. Target is the volume area at $234.
MNDY looks ready to blow the doors off on a volume spike and successful flip of that $193 level. Bounced off the 50 EMA and looks hungry for more.