At the price level of 10.75 USD, recent market activity suggests the liquidation of leverages across different ranges. Specifically, we observe the liquidation of x3 and x5 leverages from major volume clusters within the relevant global range, alongside x10 leverage from the recent local range. This situation presents an opportune moment for a long entry, with...
IWM is currently in a strong accumulation area based on the volume profile delta. The indexes were a bit oversold after yesterday's CPI report and FOMC minutes, leading to a bounce in the afternoon. I am skeptical as to whether today's PPI report and fed speakers will have the same effect so I closed my puts. Here is my reasoning: VIX keeps rejecting above...
As I predicted Friday price came today to 2305 with massive 2 position Shortening. and further will be retracing 2290 aria. and will be back again to up trend further more. Assume that USA data will be favourable for gold without questioning,
Showing a trend guidance from hanging man 1wk TF start point. MA PLOTS I use as future price movements. 15 hr TF hammer bottom wick has confirmed the up move.
Taking into consideration FED Rates maintenance and possible depression near future, investors are running for "Safety Shelter"
Cosmos (ATOMUSD): BINANCE:ATOMUSD For Atom, we've had to adjust our limit order and counting as we observed an additional rise that did not fit into our initial analysis. This necessitates shifting our positioning of Wave (3) upwards. We are still within the ideal range of the 361.8% extension. Following this, we witnessed Wave (4) and an impulsive Wave (5)...
We are currently trending sideways, it's best to take trades outside of the consolidation. Either wait for the break of the support or the break of the resistance . Whatever side the market breaks on we always practice risk management.
What I saw was after NY session ends price tends to move to either a support/resistance or back to pivot point. Price will usually consolidate first and the entry should be after it breaks either the high or low of a 1-2-3 move. Entry can be after the close of a 5/15 min candle. 15 min preferred. TP- should be either S1,R1 or if price is closer to those areas...
Waiting for the London session to get a clearer direction.
from my Analysis following the trend on the 4hr chart we see some decline since the last few days but if we have a break above 18400 it will continue bullish... I will open some sells at 18200 and I will add some extra at 18300
The Hang Seng Index, with everything measured in Hong Kong Dollars rather than US Dollars, offers a distinct perspective within our analysis portfolio, focusing on the Hang Seng Index Futures contract. Starting with a weekly chart overview, we've identified that the initial cycle likely concluded in 2008, followed by a flat correction. Notably, the correction for...
Needs more confirmation but looks like there a possible sell setup
Updating my past idea with some lower targets. It looks like we're in a large downtrend channel. We've just tested the bottom of the downtrend channel and now have turned up. I think the next big move is to test the top of the channel around the $16-17 target. I don't think we'll break the channel because 3rd tests rarely break. 4th+ tests break the...
Build Your Dreams (BYD): HKEX:285 After closely examining the Chinese electric vehicle manufacturer BYD, we've concluded that there is a very appealing and interesting opportunity to start building positions. We are currently in an overarching Wave III. Wave II concluded at the low of 13.20 HKD, and the all-time high is currently at 63.10 HKD. We are now...
Now a lot of people really want to see the pricce of Gold drop, but that won't just happen. As it stands investors re running to Gold as a safe haven cause stocks are a bit shaky with US rate decision(wont go into details). We could come with setup for long position with caution, For today(09/04/2024) I would love to us test the 2332 level to get that dip and be...
Here is my latest structure analysis and important key levels to watch on Gold. Resistance 1: 2350 - 2357 area Resistance 2: 2390 - 2405 area Support 1: 2300 - 2305 area Support 2: 2250 - 2280 area Support 3: 2194 - 2222 area Support 4: 2145 - 2155 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Polkadot (DOTUSD): BINANCE:DOTUSD For Polkadot, we are setting our entry on the daily chart for a potential Wave 2. We expect it to reach between 61.8% and 78.6% because we don't believe the correction has been completed yet. We're leaning towards the idea that we're dealing with a Wave ((a)), as a closer look suggests we're seeing a five-wave downward...
BTC broke this wedge early this am on strong volume. Generally you want to see an entire thick bodied candle to confirm a breakout, this happened plus this additional massive candle. This is the upside I was hoping for with my CLSK call setup I entered last week. A strong reversal in stochastic is noted. OBV not pictured is back to a bullish trend. The BTC halving...