Hello guy's what you say about NZDJPY Pair ? in my view .. From the analysis provided, it's evident that a break of structure followed by the formation of an inducement has occurred. The current rejection from moving below previous lows indicates the potential formation of a demand zone. This observation aligns with the prevailing four-hour trend, suggesting a...
As of this week, the Bitcoin Dominance (BTC.D) has broken out of a 6-month consolidation period. This means that money is flowing out of altcoins into Bitcoin again. It's difficult to predict how high BTC.D will go, but I think we can make a an educated guess by looking at the diagonal purple resistance. Historically, bull-markets (especially for alts) started...
📈 Gold Analysis Based on MW Wave System/Strategy 📉 According to the MW wave system/strategy, the target for XAUUSD is fib -1.382, suggesting a potential rise to around $2400. Furthermore, if the price breaks above the levels of 2424 and 2427, there is a strong possibility of further upside momentum, with targets set at 2343 and 2347 respectively. This analysis...
📈 Exciting News: Gold Analysis Hits Target Successfully! 🚀 I'm thrilled to share that our recent gold analysis has hit its target successfully! According to the MW wave system/strategy, we identified a target for XAUUSD at fib -1.382, suggesting a potential rise to around $2400. Even better, we've seen the price break above key levels at 2424 and 2427, opening...
Based on the positive economic data from the US session last week, it appears that the US Dollar is currently at a strong level and poised for potential long-term highs. However, it's important to exercise caution and closely monitor the currency's movements. Observing recent trends, the US Dollar has approached the top trend line twice but has yet to break...
Hello traders.. Gold Forecast: Bullish Momentum Expected with Key Levels to Watch" Today's market analysis suggests a bullish direction for gold, as the opening price is above both the pivot and the Point of Control (POC). This indicates a positive sentiment in the market. While the pivot is narrower compared to yesterday, the two-day relationship remains...
The current EUR/USD exchange rate stands at 1.08251. Earlier, in the opening market, there was a break of the trend line over an 8-hour period. Presently, the market seems to be retesting that break and experiencing a pullback, suggesting a potential opportunity to sell. There's a possibility that the price might return to the channel for what could be a false...
1. Price in Overall Uptrend Direction: This means that the general movement of the price of whatever asset or security is being discussed is moving upwards over a period of time. In other words, the value of the asset is increasing over the long term. 2. Uptrend Structure Being Maintained: This indicates that the pattern of higher highs and higher lows, which...
Certainly! The Fibonacci Value Gap (FVG) is a technical analysis tool used to identify potential price levels based on Fibonacci ratios. When discussing Bitcoin's FVG, we're essentially referring to key price levels derived from Fibonacci retracement or extension levels. When I mentioned that Bitcoin's FVG is set to be tested, it means that the current price of...
BINANCE:FETUSDT (1D CHART) Technical Analysis Update FET is currently trading at $2.6813 and showing overall bullish sentiment FET has formed a nice flag pattern and the price is waiting for breakout. IF the price breaks out then we have a good opportunity for long trade Entry level: $ 3.01 Stop Loss Level: $ 2.04 TakeProfit 1: $ 3.73 TakeProfit 2: $...
In my most recent BTC analysis I talked about Bitcoin's pending break out of the bull-flag pattern on the chart. As of today, my initial entry has been hit and the top resistance has been retested as support. This makes me believe that the break out is legit and that a new leg up is on the horizon. My target remains at 80k, although I wouldn't be surprised if...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 IDEA has been overall bullish , trading within the flat wedge pattern in orange. Currently, IDEA is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong demand zone $0.0026 - $0.003. 🏹 Thus, the highlighted blue circle is a...
Title: "NZD/USD Analysis: Navigating Bearish Trends with Potential for Momentum Shift" In the realm of NZD/USD trading, bearish sentiments continue to hold sway, painting a dominant picture in the market. However, amidst this prevailing bearish landscape, there are glimpses of hope emerging for potential bullish prospects on the horizon. Zooming in on the...
In this analysis I want to take a closer look at Bitcoin's performance over the last few weeks. My earlier analyses proved to be wrong, so waiting until the market shows us clarity is always a good idea. Now that BTC has established two higher-lows after the big sell-off on March 5th, we can say with some confidence that BTC is currently trading in a bull-flag...
Hello traders, lets talk about this idea i analysed already but some house rules i didnt follow thats why my idea was private and visible only for so i reanalysed again and post for your knowledge and information hope you understand and co-oparete, In the realm of market dynamics, $2304.87 has emerged as a formidable barrier for XAU/USD, demonstrating resilience...
✅ Xauusd Market Insight 📈📉 🔰OutLook 🔍 🔰RESISTANCE ◾2285 ◾2297 ◾2301 🔰SUPPORT ◾2270 ◾2260 ◾2253 Long position above 2285 with targets at 2297 & 2301 in extensions Below 2285 and 2281 look further downside with 2270 / 2260 & 2253 as Support Target 🎯🎯 ✅ BEST OF LUCK TO ME IF YOU LIKE THIS IDEA COMMENT AND FOLLOW THANKS FOR SUPPORT 🤞
In this analysis we talk more about yesterday's analysis where I discussed the completely normal correction that BTC has been seeing. Furthermore, chances are that we will see more of those correction in the coming months. As seen on the chart, Bitcoin sees multiple deep corrections (>20%) during bull-cycles. Sometimes they are less excessive, but >20% is...
Bitcoin has been trading relatively bearish over the last month. However, this appears to be normal trading behaviour after a new all-time high has been made. As seen on the chart, BTC did the same thing two cycles ago. Make a new ATH by ~7%, and then dump ~33%. Not sure whether we will dump 33% this time due to diminishing returns theory. Looking at this...