FX:EURUSD dxy remained extremely bullish in recent few weeks which resulted EURUSD to drop significantly leaving many gaps in the price action. What we want now for price to drop further which will result price to fall under the discounted price zone. This is the last chance for price to rebound, if it fails then price can falls further creating year's lowest low.
I think the chart tells the story: NYSE:MOS is trading at the lowest price to book multiple (see lower pane) since the pandemic, which was also the low point over the past 20 years. In addition, there's a buy signal from a AB=CD pattern visible on the chart. The symmetric triangle short play has in fact reached its T1 target and may be played out. In addition,...
Gold created all time high when it reached $2424 region, however, big investors close their positions and they sold gold strong, taking price to $2330 area. Price since then has been in recovery process, going forward, price can create another Higher High going above $2440. In one hour timeframe price behaved strongly bullish, giving us an hint of upcoming price...
Bitcoin may look pretty bullish, but do not get distracted. The price is forming a bearish distribution pattern inside a bearish parallel channel, as you can see on the chart. Right now, the odds are in favor of another crash. I am not saying this only because of the price action, but also because of the Elliott wave theory: as per my wave count, I am expecting...
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BTC, Hope for a big drop: -Key level strong support at 60-61k. -A correction at fibo 0.618 will be wonderful. -ABCD pattern.
Bitcoin is definitely ready to go higher, and it's a really good time to buy the dip after the previous crash! We can see that the price is making higher lows on the daily chart, which is a strong sign of an uptrend. The price is currently still inside this symmetrical triangle, so we are waiting for an explosive move, probably to the upside. The trend is your...
The S&P 500 finished another week in negative territory, shedding -1.6% (-2.5% MTD). While it is clear that this market remains the domain of buyers, 90% of the upside in March has been reclaimed, and evidence is building for a deeper correction. Deeper Correction Possible Kicking things off from the monthly chart, following last week's all-time high of...
Hi. BINANCE:BNBUSDT Today, I want to analyze BNB for you in a 9H time frame so that we can have a SHORT-term view of BNB regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). BNB is testing the top of symmetrical triangle on 9H timeframe Up We Go if we manage to break upwards🐃 ✅ Due to...
PYTH:XAUUSD The price of XAUUSD has reached a record high, and both fundamental and technical analysis indicate a strong bullish trend going forward. Since there has not been a significant correction, we can consider going long based on the price momentum. It is important to note that tomorrow's NFP news may have a significant impact on the future price of gold,...
Hello my friends . This a complete idea for BNB so if you are one of the BNB fans or holders ; make sure to read this idea until the end . Oh right my friends as I said before , when you are looking for a mid term trade , it's better to start with the higher time frame like monthly and weekly then going to the smaller one to find a good entry : let's start...
Ethereum is still very bullish, so there is no reason to expect lower prices at this moment. We can see that the price broke out of this ascending parallel channel and retested it. Usually you want to wait for a retest and then enter a long position, which is happening right now! You can place your stop loss below the previous swing low (inside the ascending...
Hello my friend ! 🐺 Today I want to talk about of one the most popular gaming token in the last bull market and even in the current situation . As you can see in the chart above , GALA currently is in the uptrend and also we have a clear flag pattern in the chart which is a continuation pattern ; also price currently holding above the weekly support line (...
In the longer term timeframe, there is a defined channel that the price respects. The price respects it like a clockwork lately so I've been watching for a reason to go short and long. After the impulsive sell-off from the top of the channel now the price corrects. I hope it will form an ABCD correction and we'll see what the technicians call Gartley 222. Plan to...
Bitcoin has been going sideways in the past weeks. Why? If we take a look at the chart, we can see that the price is inside this symmetrical tightening range. The only thing we can currently do is trade the range (sell high, buy low). Otherwise, we need to wait for the tightening range to show us the direction! Will it break up or down? Let me know in the comment...
I have identified 2 potentially important horizontal resistances for Gold, applying harmonic movements analysis on a daily. Resistance 1 will be 2350 - 2370 area. Resistance 2 will be 2390 - 2410 area. Watch carefully these those, because we may see pullbacks from there. ❤️Please, support my work with like, thank you!❤️
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Gold created a record HH and it is very likely price is likely to remain extremely bullish in upcoming days. Now, in our price can drop around 2180$ a perfect time for correction to occur, if price do not respect our entry and make it invalid then it would be tough to find a accurate entry to either buy or sell.