Here's analysis of DXY Daily and 4H charts following my yesterday's plan for EURUSD. DXY made a bullish breaker on 4H aligned with FVG. I will be looking how DXY behaves in the breaker zone. If it shows support and reaction to the upside I will switch to EURUSD and will be looking for a short trade.
Overview: Bitcoin (BTC/USD) is approaching a key resistance level at $72,295, which could impact its near-term price action. Here's a breakdown of the current analysis and potential trading opportunities. Technical Analysis: - Resistance Level: Bitcoin is approaching a significant resistance level at $72,295. - 4-Hourly Chart: A close above this level could...
The EURUSD pair has broken and closed below an important daily support level, which has now become a significant resistance level. The market is currently testing this level, and I anticipate a bearish movement towards 1.0800.
ON shown on a 30 minute chart- has fallen behind but is a top 50 seached on the the Zack website. It recently trended down from a push to outside the Bollinger Bands showing extreme buying volaility and price action than a big fade into selling volatility and a slight compression. The TTM squeeze fired just as price fell outside the lower band. Price rose...
Bitcoin has deviated from its historical price action tendencies and reached new all-time highs before the bitcoin halving and without touching lifetime support! Does that mean we will continue to go up? How do we trade this? 🤔 Bitcoin is clearly at a crucial moment in the market, breaking beyond the previous $69,500 all-time high and reaching just shy of...
There is mine Btc idea. I think BTC doing that moves, alts going pump after we will see a crush
On the above daily chart price action has corrected 95% since November. A number of reasons now exist to be bullish, including: 1) The ‘incredible buy’ signal. 2) Regular bullish divergence . Multiple oscillators are currently printing positive divergence. 3) The 3-day BTC prints the same conditions as 1 and 2 (below). Is it possible price action falls...
BINANCE:FTMUSDT (1D CHART) Technical Analysis Update FTM is currently trading at $0.4322 and showing overall bullish sentiment Current price is around the resistance zone and looking to breakout from the resistance. The resistance breakout can push the price of the FTM higher and we have a good opportunity for LONG trade Entry level: $ 0.4517 Stop loss level: $...
I expect gbpjpy to sell massively from that zone..It's in a resistance zone
On the above 9-day chart price action has corrected 97% since the sell signal printed in February 2021. A number of reasons now exist to have a long position, including: 1) You know why.. 2) Price action and RSI resistance breakouts. 3) Price action prints a double with higher lows in RSI. 4) Strong bullish divergence. Lots of it. 5) No stock splits. Is it...
CELH gapped up today and is close to a short-term top to correct the rally from January 2024. It can go a bit higher max up to 108.22. The gap up in the last wave could be an exhaustive gap. With RSI divergence in this final wave, we could be near the top. Watch it closely in 30-min time frame and if it breaks below today's low, it's a sign that the top is in.
- Previous Day candle closed Bearish. If we are looking for buys we will take on until resistance formed on 19th nov 04. - If we are looking for sells we take on until 30th april 03 and tp 2 13th Feb 24 daily support. - Wait for 1 hour candle to close above or below zone to enter trade. - We risk 3 - 5% of our capital. Close trades once price reverses to opposite...
The weekly candle that closed yesterday shows how buyers are almost eager to buy on every dip. More fud will be needed to create an intermediate correction (greater than 3-4 weeks), something that could be seen as a small catastrophe by the market, for now the rise does not seem to want to weaken, which happens in trends that have directionality and volatility, a...
From the daily timeframe CadChf has gotten to a resistance which got it fall down then we had a BOS and OB
↪️DXY has developed a well-defined head and shoulders pattern. With the breakout of its neckline indicating a significant bearish trend. It is likely that we will see a retracement to at least 104.05/103.91.
We see a technical setup called "Surprise attack": 2 very positive bull bars and then a bear bar breakind the low therefore suprising the Bulls. Stop to be trailed above the newly formed daily bars. Another option is to take some at the 21 EMA which is the Blue limne in the chart.
Pure Storage jumped to a new record high on strong earnings last month. Now, after a few weeks of consolidation, some traders may expect further upside. The first pattern on today’s chart is the bullish gap on February 29. The data-storage company has remained completely above the gap, which may suggest there are few sellers. Second, prices held the rising...
Enter after MS to complete Liq Phase. Stop below the low of Liq Grab. RR: 1 to 1