Gold Outlook: As the week kicks off, gold's price (XAU/USD) remains comfortably above $2,100, buoyed by expectations that the Federal Reserve may cut interest rates later this year. All eyes are on the forthcoming US GDP data for Q4, anticipated at a steady 3.2%, which could inject new life into the market. Currently, gold hovers around $2,168, experiencing a...
You can check it on 4h, 1d and 1w... What you think...Long or Short?
In this chart we have spotted Double Tops, and we also spotted bearish Divergence in the RS 14. We are little late in the entry But we expect we can hit the TP
In this chart we have spotted a rising wedge which means at a certain point it will start a down rally. There series of HH & HL. we also spotted Divergence in the RSI which also indicate a down trend.
🔍Today's analysis focuses on Near, which experienced a rejection from the weekly resistance at $8.39 on the first day of the week. The rejection candle engulfs the previous three candles, indicating strong resistance. However, it's noteworthy that the volume of the rejection candle is lower than the preceding candle, suggesting significant resistance despite a...
🔍Today, we are focusing on analyzing LTC for future prospects. It's worth noting that it's Monday, typically associated with lower market volume and increased market volatility. 🔒On the 4-hour timeframe, we find ourselves within a trading range, with the resistance ceiling at $94.34 and the support floor at $82.97. A recent rejection from the upper boundary...
4H Timeframe: Bitcoin broke through the $70,000 area and pulled back, forming a lower low and a lower high. These are the first signs of a trend change in the medium term. Based on this analysis, the first target for this correction is the $63,000 area and the second target is the $61,000 area. Weekly Timeframe: Bitcoin is still in an uptrend in the weekly...
In this chart we have marked Support & Resistance lines and we are taking a small short entry and we expect it will easily hit the TP. NO Divergence spotted
HELLO everyone I am currently looking at the eurusd. looking at this pair I can say I shall expect great sell after it correct with short buy then impulsive move to the downside. tell me what you think
After a thorough analysis of the BINANCE:ETHUSDT chart on a 6-hour timeframe, I've observed a complete Head and Shoulders pattern, with the neckline breached near point B. The pattern indicates a potential SHORT trade, with a target of point C at approximately the 0.618 Fibonacci retracement level of the prior uptrend, corresponding to a price of 2083.91 USDT...
In this chart you can we have spotted inverted cup & handle and we expect a down trend but we also observe a BEARISH DIVERGENCE. hopefully we take a right entry & hit our TP
AMD vs. NVDA: When looking at these two stocks it's clear that NVDA is the clear winner and will maintain its pricing power over alternatives. NVDA's Gross margin (75.97%) is +35.57% that of AMD (40.4%). Although AMD has a low price to sales ratio this is likely due to them having a "Walmart sales model". High volume, low margin. This is illustrated...
The price has successfully completed a three-drive pattern, and concurrently, there is a noticeable formation of a rising wedge pattern and I shouldn't forget to mention that the strength of each new upward wave has weakened compared to its previous wave. Additionally, the confirmation of a bearish movement is evident through the observed RSI divergence. please...
New York Session: - I believe the price will continue to the downside. - I want to see the price trade to a premium in the London session before going lower and taking out a short-term high. - I will be targeting the equilibrium of the PWR. - Wait for the price to reach 50% of the London session range.
Asian Session: - Bullish Session. - Price broke PDH, PML, and PWH. - RELs at Asia’s low. - Price is at a discount of the H4 dealing range. - RELs at the equilibrium of the Asian range. London Session: - I was expecting a reversal due to the market taking of PDH and PWH during Asia. - My first DOL was Asia's RELs at the equilibrium of the Asian range. - My...
gbpusd FX:GBPUSD confirmed ✅ entry for this week trader entry level position 1.27664) this week usd will go up ⬆️ I think 💭 this week gbpusd will go down same Srl will go support level waiting for hitting target entry level on your position ) Entry 1.27664 Target 1.25998 SL. 1.28155 Safe Trade 🙏❤️ pales like 👍🏻 and comments 👇
ACGL - Arch Capital Group is showing a slight bearish divergence on the weekly chart, and what could potentially be a bearish head & shoulder's pattern. I bought the March 15 Puts at $0.75 cents expiring March 15th 2024. Good luck!