The 1st Quarter of the year has come to an end and buyers dominated the market for the past 3 months. And price closed at the previous years high. The question going into the mind of trader is, “will the bullish strength continue ? Well,to get answer to that, we’ve been able to identify couple of trend-lines & key levels to help us navigate the potential...
gbpnzd seller taking chances after lq has been taken and retested giving us a strong resistance zone as price drifting a drop for a support/sell side lq
EURGBP Triggered sell stops after new impact run the lows for momentum to be stabilized upwards. This is how important to keep note of news regardless to your stoploss
This Week we Say OANDA:XAUUSD was Super Bullish, But is It?
gold has Engineered Liquidity up and Down, I believe its going up to Hit Retail Stop loss and then Revert to go Down .
I have noted Levels that I am interested in Chart
Another Confirmation : If you Check #Gold Seasonality, Normally OANDA:XAUUSD is Bearish in October and November...
Hey Traders! 👋
For Day 27/100 of our challenge, we will look at GBPJPY for upside potential this week/month
Technicals:
- Overall uptrend
- Breaking into a new high
- Currently in impulse phase
- Expecting pullback towards 174.0/5
- Targeting daily key level 176
- Idea invalid if 172.6 breaks
Other technicals:
- Seasonality forecasts more upside this month
-...
NAS100 maybe a long move upward taking out BMS and targeting LP, We expect price to bounce back at trend line level for a masive sell(RETAIL TRADERS) OR refilling the IMB gap above the trend line then takes a deep bearish movement
If you check at least 3/5 on the below we might be in the right place.
1. Depressed
2. Tired
3. Stressed
4. Scared
5. Out of money to buy more
I do not know about you but I have been through all of the above over the last 12 months! I made tons of mistakes no doubt about that! BUT i wIll not make the biggest one, panic sell at the bottom or in the first...
Coinbase premium has significantly dropped to the negative territory. With more institutional traders on Coinbase and more retail traders on Binance, the Coinbase premium over Binance’s BTC price has been a good gage of the institutional trader sentiments. Institutional traders have been willingly paying premiums throughout the past 2 years of crypto market boom...
Some similarities between 2000 vs 2022
1. Before reaching ATH the index did a very sharp decline of 33%
2. It took the index 17 bars to reach an ATH vs 20 now
3. Found support on 40SMA after 9 months from ATH vs 7 now
4. Mass retail participation
5. .com mania vs crypto mania? (did luna just popped the bubble?)
6. Interest rates were falling back in 2000 vs...
The relief rally in the crypto market throughout the last 2 trading sessions has definitely brought back a certain degree of positivity among the bulls. However, the price is currently heading towards an area where we have both the downward sloping diagonal resistance (blue line) of the current downward channel as well as the horizontal former support, now...
