prolly gonna fill the imbalance at around the .75 fib, some stop runs and then perhaps roll over and down? would be really surprised if they just full send it bull with current economic conditions. will see how this plays out. interesting how everything got rejected off the 0.5 fib until break above for the better part of a year. anyways mostly publish for...
On the chart, we see a range where we have liquidity pools in the ceiling and above the range. Candles have sharply broken the ceiling of this range and collected liquidity pools. In my opinion, this rise is only to collect liquidity above the range and create a fake bullish view. If we go back to the range box and have a fix in the box, the range target will...
Here is my latest structure analysis for GBPUSD. Resistance 1: 1.2760 - 1.2786 area Resistance 2: 1.2799 - 1.2828 area Support 1: 1.2596 - 1.2620 area Support 2: 1.2500 - 1.2550 area Support 3: 1.2374 - 1.2415 area Consider these structures for breakout/pullback trading next week. ❤️Please, support my work with like, thank you!❤️
Hello Everyone, The outlook for ETH/USD in the long term suggests a favorable buying opportunity, as the overall trend remains strongly bullish. Despite being overbought, this condition appears reasonable. Our attention is directed towards the price consolidating convincingly above the weekly (1W) and daily (1D) pivot points (PP). TradeWithTheTrend3344
Hello Everyone, Our current emphasis for BTC/USD is on maintaining a price level above the 1-month and 1-day pivot points (PP). This would indicate a potential upward trend towards the weekly pivot point (1W PP). Depending on how the price responds around the 1W PP, we may witness further upward momentum or a potential downturn. TradeWithTheTrend3344
Hello Everyone, The market has achieved a peak at 1.35420, and there appears to be potential for a downward movement. It's important to note that the previous one-year low was at 1.309275. Despite the current conditions, there is a bullish trend on longer time frames that is anticipated to continue. It is crucial to closely monitor how the price behaves around...
Hello Everyone, The three-month low is recorded at 0.577335, coinciding with a newly established monthly low of 0.608825. Considering the anticipated weakening of the USD in the coming future, there is potential for an upward trend. An initial sign of this would be the ability of the price to remain above the 1D PP. TradeWithTheTrend3344
Hello Everyone, The 1-day, 1-week, and 1-month lows were reached at 0.656535, with the 3-month low resting at 0.62702. Moving forward, we anticipate an upward trend, which will be confirmed once the price surpasses the 1-year, 1-month, and 1-week pivot points (PP). It is crucial at this juncture for the price to remain above the daily pivot point. It's noteworthy...
Hello Everyone, The USDCHF has recently achieved its highest level in the past day, week, and month, reaching 0.87047. Anticipating a shift in the trend, there is a potential for a retest of the monthly and weekly pivot points, as well as the support structure. TradeWithTheTrend3344
Hello Everyone, GBP/USD has recently reached its lowest point in the past day, week, and month, recording a value of 1.25966. The six-month low stands at 1.20374, and the one-year low at 1.180275. Currently, there is anticipation of a bullish market shift. To confirm a bullish trend, we are actively monitoring for a sustained position beyond the one-month and...
Hello Everyone, The current price has reached its daily, weekly, and monthly peak at 148.806. Meanwhile, the highs for the 3-month, 6-month, and 1-year periods stand at 151.91. If we observe a price point demonstrating confidence above 148.80, it could signal further upward momentum towards 151.91 and 154.607. Failure to sustain above 148.80 may indicate an...
Hello Everyone, We are currently approaching the day's peak at 1.08994. A sustained position above this daily high would confirm an immediate upward trend. Presently, market sentiment suggests a preference for a short position. However, as long as the price remains above the daily pivot point (PP), we anticipate upward movement towards 1.126975. TradeWithTheTrend3344
Hello Everyone, Gold (XAUUSD) has shown resilience, with the weekly low standing at 2001.885 and the daily low at 2020.445. As long as the price remains above the daily Pivot Point (PP), a signal for continued bullish momentum is in place. The current trend strongly favors buying opportunities, and there is a notable probability of a retest of the monthly PP. If...
Presented in log scale. Backtesting bitcoin on the previous 9 years can see that 8 out of 9 instances of the yearly central pivot point being test after the year has closed and a new yearly central pivot is in place. The one time in 2021 where price did not fully strike the central pivot still tested upper cpr channel and was a magnet to pull price back towards. ...
Here are the important key levels & structures to watch next week on WTI OIL. Support 1: 69.3 - 70.4 area Support 2: 67.7 - 68.7 area Resistance 1: 75.2 - 76.2 area Resistance 2: 78.5 - 79.7 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Currently, it requires a very high risk to enter the transaction, so it is better not to do anything until reaching the specified level. Due to the heavy fall, we expect gold to fall again ⚠️ This Analysis will be updated ... 👤 Banipal : @hosseinbakrani 📅 02.14.2023 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
As you can see, the daily trend has managed to break its downward trend line and it is also in the direction of the weekly trend. Due to the breakdown of the daily trend line, we are waiting to return to the target area, and of course, we are considering the goals ahead ⚠️ This Analysis will be updated ... 👤 Banipal : @hosseinbakrani 📅 02.20.2023 ⚠️(DYOR) ❤️ If...
Oil has taken a beating but if we back out to the XOM daily chart, it's just triggered an automatic re-entry for those brave enough to bet that the price of oil isn't going to $30/barrel anytime soon.