💎 In the daily and weekly time, it is moving in an ascending channel, which is currently suffering after breaking the channel on the ceiling of the previous wave channel that broke.
💎 If this three-wave corrective movement ends in the green box area, I expect it to move towards the next target of the supply zone specified in the chart.
💎 The first scenario : in...
Two days ago, I mentioned my expectation of a significant correction in BITSTAMP:BTCUSD , and I am considering selling in the 54,500-55,000 zone.
While my view on a strong correction in the medium term remains unchanged, the short-term outlook remains strongly bullish.
Upon examining the short-term chart, it's evident that Bitcoin is well supported by bulls...
Gold with selling pressure that happened on Friday.
-It has reached its support level which is the price (2012-2017).
-By retesting the resistance level (2032-2038) and collecting the available liquidity at this level, the price can start its downward movement from this area to the level of 2013.
-If there is more buying pressure, it may grow to collect its next...
We saw big drops on all JPY pairs today. I expect some big reversal moves to the upside on all these pairs and EURJPY looks really good for a long setup.
Let me know what you think!
Always make sure to manage your risk!
Hi Traders!
We are approaching a 3 week high around the 0.68076 level on the AUDUSD. We have not been this high since April 14th so we expect some resistance around this level. Over the past week, we have had strong bullish momentum after failing to break the long term support level of 0.65637.
Further to the upside, there is a long term 50% retracement...
The market updated swing highs and price made divergence at the resistance zones then pulled back. The market is pulling back to the previous resistance that became support on the 4H timeframe. The market formed an ascending channel around this level. I think gold will retest the strong support at 1955 1950 zone, which is 50% of the daily candle. My goal is the...
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.19 zone, GBPUSD is approaching the main the trend line combined with 1.19 supply and demand zone. along with Potential USD weakness is everyone is pricing hawkishness from fed we expect the dollar to be more indecisive until CPI release.
Trade safe, Joe.
Hey traders, in tomorrow's trading session we are monitoring NZDCAD for a selling opportunity around 0.862 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.018 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
