ES now at pivotal area, 50% retracement of the down move at $4201.75. Staying neutral while paying attention to internals, news and data releases I believe will be just as critical as ever when attempting to risk in these markets. Strong candle formed buying all previous quarters selling from highs, so I do think there's potential for continuation to the upside.
I shared this the other day but, i was just looking at it more and mapped out my next move or I should say what I could see happen with Bitcoin and POIs. What are some thoughts or ideas? Cant ignore the giant red flag. Historically It hasn't done so well at this trend line. Macd still bullish but we could see some more constriction before the next move. ...
The World’s Biggest Asset Manager With $9 Trillion AUM, BlackRock are saying that the markets Are WRONG By Pricing In Interest Rate Cuts. There is a divergence between what the Fed is saying that they are going to do and what the markets are pricing in terms of interest rate bets. The Fed is saying “We aren’t going to cut rates”, but the market is focusing on the...
market at daily low market rejected support area market formed head and shoulders pattern wait for break above trendline, after retest and wick rejection enter bullish
All four of these charts represent not only their own value, relative to the dollar - but also the general health of their local economies. So what are we looking at? Upon closer examination, we can see identical bearish price action in all four charts. As such, we can assume that bearish price action (weak demand) among these asset classes, is implicit of some...
Hi guys what's up? I want to tell you something at first BE PATIENT. its extremely important in all markets and it doesn't matter what market you are trading and how much money do you have. okay lets talk about DXY I have posted an analyses about it and I had a resistance zone and it has been touched very nice and now I thing it can fall till the support zone in...
Hello everybody! Let’s consider on a weekly ranges, the price impulsively returned to the flat from below (Flat borders are 1.20300-1.24000) have already retested the lower inner border of this flat. Margin analysis is long. Going down to the hour timeframe, you can see that the price was also in a flat for quite a long time (1.19400-1.21800) yesterday the pound...
Based on my analysis of Bitcoin price movements, I anticipate a potential decline in value that may occur in three distinct waves from current levels. However, I see this as a potential opportunity to purchase Bitcoin at a lower price point, specifically during the completion of wave 2 from the previous bullish trend. In other words, I will be looking to buy...
Just wanted to highlight the falling wedge pattern on the bund (#reversal) that we noted on Friday will complete on a close above 137.25, however given the move this morning we will just go with it. It offers an approximate 147 upside measured target. Near term #resistance is 140.63/85 - the 23.6% retracement of the move down from December 2021, the June 2022 low...
Friday, March 17, 2023 BVIV, EVIV, VIX, GLD, BTC, ETH, SPY, NDX, DXY
This week, Bitcoin has led the recovery in cryptocurrency markets. The Fed's indirect monetary policy expansion has increased demand for riskier assets, which has benefited Bitcoin. The following resistance levels for BTC above the current price levels are $26,750, $27,500, and $28,730. This week, Bitcoin has been on a steep upswing, leading the cryptocurrency...
This is a long term 5 year call on BTC direction. While there remains the open possibility of one more downward thrust to $18,750 and perhaps a flash to $13,750, the majority of the bear move has been priced in, and time is now on the side of bulls and the long side. Most of the time in the next 5 years BTC will be higher. I believe significantly so. The Reason...
A+ setup with GU Strong support zone between 1.21497-1.21448 ... monitor P.A If 30m candle is an engulf will have to exit and manage loss accordingly... Play wise, price created a low and RT, found EMA R and bearish pinbar by London open indicating downside momentum ! Larger than average RR - 6.8
Hi Traders! As Bitcoin has been trending lower and all my short profits have been locked in on the coin, I have decided to look for a long entry. Be careful with this trade, we are currently trading in the same direction as the legacy markets, we could see a further downside if stocks crash. Here is my game plan for a potential entry: - Bitcoin needs to...
Commercial Metals showing us a great risk-reward for a short setup!
Got a good breakout here. With lagging also out of the Kumo, could see a good rally on this.
USDCAD We anticipate a bearish action, expect the price to approach the (1DL) if it breaks below the low of the Tokyo session. GBPUSD: With strong volume and momentum driving the price higher, we recommend looking for opportunities to buy on pullbacks until we see a structural failure. Any sell-off without a structural failure is a potential buying...
. . . and why is wise being Bearish on Bitcoin & crypto at the moment. Hi everyone , I make this super simple, so it even looks stupid. 1 Month Time Frame We see that after peeking at 69k price reversed and our modus operandi is sell to buy to sell . Meaning, we have large sells followed by buying just to proceed next large sell once price is...