Gold renewed the 3-weeks high yesterday. Carried the buying momentum from the day before, a new round of buying was triggered after the price cleared the resistance at 1700 early in the Asian session. The bullish trend continued until it touched the day-high near 1729 late in the US session. The day ended at 1725, up by USD 25. After all the interventions and...
AUD – The Australian dollar lost ground on Tuesday, having rallied sharply overnight, after the Reserve Bank of Australia delivered a smaller-than expected rate hike, even as central banks elsewhere are raising rates aggressively. The Commonwealth Bank of Australia, which had predicted the 25 basis points move, expects the central bank to hike by another 25 bps...
After Supply failed we created a new demand zone which was then respected and created a new high. When price reacted from the newly created demand we had a reaction but failed to create a new high and subsequently was broken. This also broke a support level. Break and retest traders will look here for an entry so im hoping for a reaction from this level which...
Multi Timeframe Analysis Hint: A massive bearish order block at 1.52 is being statisfied. Price will then crash to to 1.5 Euro trended strongly versus the Aussie. However, the price meets a great supply zone Medium term bearish Narrative: 1. Bearish institutional order block now satisfied. Price gravitates to such market imbalances. Drop is inevitable to one...
we are working on this pattern and getting good result the strategy is working fine . also huge btc is shifting to exchange so be careful
We're looking at performance of Russian Ruble almost since start of its existence as a national currency of Russia. How all of a sudden Russian currency gained in such way? Many factors aligned to make such move in a given period. Central Bank intervention Fiscal policy shifts Cutting Russia out of supply of Western goods and services, meant that sum of...
CURRENCYCOM:US30 US30 broke and closed above 29 500. Shifting bearish bias to bullish bias. Patiently waiting for a retest at previous resistance turned to support.
OANDA:NAS100USD Nasdaq just broke and closed above 11 280. Shifting bearish bias to bullish bias. Patiently awaiting a retest at previous support turned to retest. No retest, no entry for me.
Multi Timeframe Analysis Hint: A massive bearish order block at 1.14 is about to be satisfied. Price will then crash to 1.06 to satisfy a Bullish Order Block GBP is capped by a negative trend line on the daily and weekly. After the previous news on interest rate scrapping by the Bank of England, GBP soared. This accomplished the satisfaction of a bearish order...
Hey traders, One wonders. Is there a case to be made to be long BTCUSD? Well, if we narrow it down to fractal-based order flow analysis, there are definitely tentative signs that sellers are just simply unable to make further progress to the downside. Again, I won’t defend this point with any subjective opinion. Instead, I will let you see the BTCUSD chart,...
The chart shows double top and also there is a bearish divergence happen at the chart and rsi so hoping its a strong confrmation of shifting the trend in 1htf.
Multi Timeframe Analysis Hint: A massive bearish order block at 24,660 must be satisfied. Price is depressed and must revisit an institutional order block at 24,660 before any further losses is incurred. It is highly probably that BTC can reach a max of 39,000 before dropping to 16k. Medium term Bullish Narrative: 1. Bearish institutional order block at the...
This chart shown the average price ( index) of 4 major gloves manufacturers in the world which are Topglove, Hartalega, Kossan and Supermx where they “contribute “ almost half of the world’s gloves market. As said trend is our friends but without “volume” in stock market there is no trend. The “shifting” polarity of bull trend to bear trend all cause by “panic”...
HI good morning As wee see a huge rally after crossing 16950-17000 zone we see the level of 17190+ and in the closing i highlighted that the markets are in overbought zone at intraday timeframe please book profits and shifted towards IT and as today the bank nifty is down by 200++ points and are more weak then NIFTY but the IT index is not showing the too deep...
Multi Timeframe Analysis Hint: The Dollar is the strongest its been in 51 years with EURO and GBP parity. USDJPY will reach 149 However an institutional order block at 137 must be satisfied Medium term Bullish Narrative: 1. Bullish institutional order block at the 137 level. Price gravitates to such market imbalances 2. Bullish anti gartley harmonic pattern...
Bitcoin has been in a range for a while now and essentially flat for the last month. With the recent 1M TD9 count, it risks going into an extended downward count if the local range highs aren't re-visited soon. Currently finding support at a major fibonacci retrace level of 0.786 which interestingly enough is also the VWAP of bitcoin in coinbase's history of...
Multi Timeframe Analysis Hint: The Dollar is the strongest its been in 51 years with EURO and GBP parity. Unfortunately that's bad for the stock markets and global economy. A massive bearish institutional order block lurks at 30692. Price must revisit this zone to correct market imbalance, Medium term Bullish Narrative: 1. Bearish institutional order block at...
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...