Hey guys! Here is a top down analysis on the EURUSD pair. I see a great deal of bullishness currently, but i am convinced this bullishness is to take prices into the 4 hour zone sitting a few pips above the 1 hour liquidity target. If that happens, I will expect to see prices begin to u turn bearish and head in the direction of the 4 hour and daily liquidity for...
🌟🎉 Celebrating Milestones: We've Hit Our First Target Resistance Level at $2332! 🎉🌟 Dear Followers, I am thrilled to share some fantastic news with all of you! Our journey in the gold market has reached an exciting milestone as we've successfully achieved our first target resistance level at $2332 🚀💰 What a joyous moment to celebrate together! This achievement...
Looking at Alibaba, we have set our entry at $71.66 and found ourselves within a consolidation phase, oscillating between $65 and $77.77 for around three months, the latter marking our short-term resistance. We anticipated a breakout through this resistance upwards and this is what finally got this week! Fundamentally, Alibaba holds substantial potential, and...
GBPJPY Analysis Currently on the 15 minute timeframe, price is still respecting the 15 minute bullish OB. If price decides to go bullish and break 192.555 with a body candle close, Longs are more likely to play out. I would like to see retest of that level before continuing to look for buys. On the flipside, if price breaks the 15 minute OB with a body...
Views for the bulls and bears on this one. price currently in the 618 382 fib zone forming variations of a flag and bearish triangle. Price still sits above the 200MA although very close - balanced market. - For bears we need a break below 2280 with views to 2260/2255. - For bulls we need a solid push higher and break of falling trend line support.
The gold market is getting some new bullish momentum. Gold prices are expected to continue to rise even if the US Federal Reserve (FED) delays the comfort cycle. Despite recent selling pressure, Goldman Sachs still forecasts that gold prices will increase sharply. This unit finds that gold can maintain growth even if the Fed delays the comfort cycle. Nicholas...
Nasdaq Market Analysis Report Overview The Nasdaq Composite Index has displayed a bearish breakout from a prominent top pattern on the daily chart. This pattern followed a strong bullish trend, indicating a potential shift into a trading range rather than a fully-fledged bear trend. I'll analyze where the market could find a bottom, explore potential trading...
NEAR is forming this huge bull flag. For the long term, this seems like a solid choice. Its strong tokenomics and competent team make it a promising asset. The chart indicates the potential for significant growth in the next few weeks. It may drop to $4.3 support, which is a very strong support, but there is one more support at $5. So consider adding more if it...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago started to move up inside an upward channel, where it at once rebounded from the support level, which coincided with the buyer zone and made a downward movement. Euro a little more time traded between the 1.0650 level and later finally...
Hello traders, we want to check the USDCHF chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 0.91000. Good luck.
Hello traders, we want to check the EURGBP chart. The price has reached a well-defined support level that it has reacted to several times in the past. We expect the price to grow to around 0.85600. Good luck.
AUDJPY Analysis On the 1 Hour timeframe, price has rejected off a high probability orderblock and coming lower after a strong rejection off the orderblock. There are 2 scenarios i am looking at: 1) Price comes down and breaks the most recent higher low at 102.204 to look for a break and retest on the 1 hour to continue shorting. 2) price to respect the 1...
The Japanese yen (JPY) jumped to a two-week high against its U.S. counterpart on Wednesday amid speculation that Japan's financial authorities stepped in again, for the second time in a week, to support the domestic currency. This came amid a sell-off in the US dollar (USD) following the FOMC meeting and took the USD/JPY pair to 153.000. The yen, however, trimmed...
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AMEX:PILL On the 4H Chart, current market price is sitting on the support of order blocks and the EMA200, while in an uptend from a double bottom in the sprint. It is moving into the high volume area of the voluxme profile. For the swing trade, the stop loss is $0.10 below the EMA200 while the targets are marked based on a combination of the horizontal...
Last week, in the EUR/CHF pairing, we observed a notable pattern characterized by an impulse move followed by a correction. During this movement, the previous week's low served as a significant liquidity pool. This week, our focus shifts towards the buying side liquidity, especially considering the extended "M" formation imbalance. It's as if this pattern is...
#Bitcoin is forming a symmetrical triangle pattern. Resistance is coming from the Ichimoku cloud and the 100-day moving average. The MACD crossover suggests a shift to bullish momentum. It's recommended to wait for a clear breakout or breakdown of the triangle to confirm the next direction. Stay tuned I will keep updating #Crypto #DYOR #NFA CRYPTOCAP:BTC ...
I approached the charts fresh out of the shower. I got in at 9:20 AM NY Time and got to the computer around 9:40 AM NY time. But anyway, I saw on the weekly that we were slowly rejecting lows. So, that means if I saw either a shift in structure or a change in the state of delivery, aka a break above an OB that has taken liquidity to go higher on the 4H or 1H,...