It's been a long time since I checked out BTC and considering where price is currently sitting we are likely to see ,ore buyers in the market than sellers. For now it's best to WAIT for confirmation before making any decisions.
USD/CAD has been bearish for the most part of last month and we are likely to see a bullish recovery if certain major structural levels are broken, for now I will only WAIT for a clear directional confirmation to make any further trade decisions.
Possible Bullish pattern in the UKOIL, if Brussels agrees for a embargo in Russian oil then there's going to be a pump in the oil this will drag the price to higher levels and the food crisis will deepen, this will also make food commodities really interesting for a long position. Meanwhile the best option is to be neutral or open small positions that won't...
Break above major resistance that once served as supply will indicate a bullish sentiment on the Dollar index but we may also see price break lower if we see signs of weakness around the 100 dollar area which has not been tested in a long time.
Gold has been weak so far and we are most likely to see a downward continuation if we see a strong break below 1840, IT IS ALSO likely to be bullish if we see a change in market behavior above the 1840 region.
Buy the dip is a familiar term which is often associated with crypto, we've seen price neatly bearish since April and we are currently at a very major level of support in the market, we are likely to see a range as of now. IF Price breaks above or below structure, we can begin to see a clear way forward. FOR NOW, it's best to wait
A potential break above or below major structural levels on ABBV will indicate what direction it will be headed for the coming weeks, for now we can only wait and see what price does.
AAPL has been on a downtrend for a couple of weeks now and we are likely to see a downward continuation if the 140 major support which was created in October last year is broken impulsively or correctively. I will be looking to buy if it breaks above 147 which has served as a resistance as well as a support.
GBPCAD - Here we can see lower highs, lower lows formation. Price is testing previous low level 1.57900 and I will wait for a reaction , it pull down from my fibb .50 area which basically a golden zone , let's see on Monday how it form the movement so I can find a entry !!
THE USDCAD has been considerably bullish for the most part of this year and therefore you will expect overbought situations to anticipate sells with extra confirmation, however it is my view the USDCAD May continue bullish considering current price on the MONTHLY chart
I have monitored the dxy and have come to realize it is a very strong currency and we are likely to see a continuous rise, if there is a solid break above structure, we can expect a fall if we see it break below the hundred dollar price level.
Hello traders and investors! Despite the volatility, the index did exactly as we described in our last analysis. It hit our target, and it is crashing. Let’s see what’s going on. Yesterday I mentioned the 4,200 as the key point that would bring the index to the 4,299 (purple line). The index hit our target with an incredible precision, just to drop again. The...
We are currently seeing price at a level it has'nt attained in a long time, price is bearish on the daily but we may see a correction before a downward continuation, there is no certainty as of now, so I'll be looking for price reaction around key levels.
The large descending (often bullish) channel in blue continues to suggest that Oil will continue to challenge the above prices. The weekly chart (not shown here) suggests that the trend is getting weaker with the print of TWO LARGE DOJI candles. This does not inspire confidence to buy this and better to just wait for confirmation. The plan continues to be...
$SE is being supported by COVID-19 lows AVWAP (Aug 17, 2020) and rejected by ATH AVWAP (Oct 19, 2021). Until we break either AVWAP, I will be neutral and wait for some movement. I do like the stock long term in my Roth IRA, so I will be slowly adding shares if it goes near or retests the support AVWAP. As mentioned in my $BTC chart, I do believe that the bottom is...
Dear friends I'll choose and follow scenario 1. conditions are clear. if support will broke, then must wait for further supports. Disclaimer: Information is provided only for educational and exchange purposes only. Do your research before taking any action or decision in the real market.
im just looking at the charts and the obvious signal is for btc to move down again bummer.... although I'm not sure it will
Dear Traders, I just saw something very interesting that we need to note. I just checked the weekly time frame and noticed that last weekly candle closed as a Doji. A "Doji Candlestick" is a candle stick that closes at about the same point it opened. When you see a "Doji" at the bottom of a down trend, it's a sign of reversal in trend. As you can see from the...