I believe it's time to keep an eye on XRP. Let me start off by saying that this crypto actually has been in a bull range for quite some time. There was a spike sometime ago, which can be viewed as a precursor for what's to come in the future. What would I look for to take place? I want to see a B.A.R. of the mid-range high & monthly EQ ($1.10) before...
Spot gold hit a new all-time high of $2,222 in early Asian trading, before falling back slightly to around $2,200. This rally was supported by the Federal Reserve's expectation of maintaining three interest rate cuts. A slight decline in the dollar and U.S. Treasury yields pushed gold prices to record highs. As interest rates fall, the opportunity cost of...
On the daily timeframe the market is consolidating sideways. A short vector of 7-8 is observed. It is not advisable to seek sales at the bottom of the range. It is advisable to look for purchases after the price interacts with the zone of 59000-61500 and a buyer emerges (result, spread, volume).
This is my Intraday analysis on EURUSD for 22 Mar 2024 W12 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated...
FX:CADJPY Over the course of this week, CADJPY has demonstrated a consistent uptrend. However, there is a possibility of a pullback, which might lead to a retest of the 23.6 level before the upward trend continues. To take advantage of this market movement, we will closely monitor the trendline and wait for a bounce to retest our sell entry. Alternative...
FX:EURJPY EURJPY surged with impulsive movement to the upside after breaking above the 78.6. The market retested that area multiple times after the break, establishing this area as valid support. After a few tests of the upward trendline, the bulls ran away. Price action led us to the 165.000 area before consolidating. The break below that range area shows the...
3.21 Initial AM Sell Setup Analysis (Sell Limit Execution) - Morning Analysis based on ICT's 2022 Mentorship.
AUDUSD looks bullish to me, after a Powell Speech. The price nicely respected a rising trend line on a daily, breaking an upper boundary of a horizontal range on an hourly time frame. I bought the pair and expect growth to 0.655 ❤️Please, support my work with like, thank you!❤️
Context and Summary The big move on Wednesday continued through into Thursday’s NY open, expanding further to Wednesday 1.414 fib expansion, 5322.50. The market hovered slowing advancing for another re-test of those highs, but after a failure to break IB high, the books quickly reverse and sellers stepped in to bring price down to the pre-market lows, with some...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS. Intraday...
by the Politicians, Talking heads and Bankers. Governments can only Tax, Borrow & Spend Central Banks can only Print & Lend. If this index were to rise by the average of 43% You are looking at the CPI Index hitting 372 by Jan 2030 There is every likelihood this decade, will be a higher than average inflation rise. You must save in scarce Assets #Gold &...
I will be reviewing Bitcoin using my "Multiple Timeframes / Mutiple Factors" (MTMF) approach, covering Fundamental Factors like : CoT, Sentiment, Seasonals and Technicals like Momentum, Volatility, Relative Strength. ====================================================== RISK WARNING =================================================== There is a very high degree...
AUDNZD may finally start a correctional movement, after a test of a key daily horizontal resistance. I see a double top formation on a 4H time frame as an intraday confirmation. I expect a retracement at least to 1.0835 ❤️Please, support my work with like, thank you!❤️
we see a wegde chart pattern the exact one as the one on our left so there is a possibility that we might have a drop and the leg of the break out of the previous wedge pattern is showing daily down trend am looking for the violation of the h1 uptrend that is occuring now...let me know what you guys think
Last week began with a display of strong conviction from buyers, propelling price upwards towards the previous high (516.5). They managed to surpass it by a small margin, establishing a new historical high at 517.1. Unfortunately, bulls were unable to sustain momentum and build a new value zone, allowing bears to regain control and push price back towards the...
FX:AUDJPY On Monday, AUDJPY had a significant bullish move that continued throughout the week until it reached the price of 100.200. This created a head and shoulders pattern on the 2-hour time frame, indicating a possible trend reversal. If the price manages to reach the .50 Fibonacci retracement level, we could see a retest of that pattern or a break above...
FX:AUDCAD This week, we observed a bullish run in AUDCAD. The price surged and reached its highest point at 0.89200, but couldn't maintain the momentum and dropped soon after. In order to test the strength of the trendline, I decided to sell at the highs, hoping that the support area would be tested during the decline. If the support area manages to hold, we...