Short entry stop limit order at $45.2 with hard stop loss at $49.35 The industry is setting up for both longs and shorts with a few names setting up short on the weekly timeframe at spots where I like taking shorts. If this one works, I will be adding another couple of names that are setting up. I will update with first profit target as the trade develops, if...
BTC/USD has been on an impressive run, showing resilience and strength as it climbs the charts. However, as we approach significant resistance levels, a keen eye might spot the early signs of a potential shift in momentum. On the daily chart, we are hovering near the R2 pivot point resistance, which aligns with the Fibonacci retracement level of 61.8% – a critical...
Nasdaq has seen some tremendous opportunities the past few months for swing traders. I want to put aside all the narrative and sentiment and focus only on the chart cycles I am seeing. Within a descending wedge formation we started to see a 3 week or so bull cycle to resistance of channel, followed by a slightly shorter bear run to support of forming channel....
USDCAD broke the Crucial consolidation support, liquidity was grabbed at London session. Going Short On USDCAD
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Whether the market likes NYSE:AMC earnings after the bell today my team...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If you want to...
After reaching the top of ascending channel . For more information followe on X .
Hello Everyone 🙋🏽♂️ 🔴 1.09135 🟢 1.08550 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. ...
Hello traders! As of the October 31 analysis, Bitcoin is still in the distribution zone and is in phase B of the distribution phase according to Wyckoff. The event that the FED kept interest rates unchanged did not create any significant boost but created an important price action for Bitcoin during this period. Excitement over Bitcoin ETF news is over. “Buy...
USD/JPY is one of the most traded currency pairs in the world. The value of the USD/JPY pair is quoted in Japanese yen per one U.S. dollar. For traders, it is important to note that the pair is currently at a strong resistance level and is expected to move downwards. Outlook According to, the USD/JPY pair is expected to face resistance at the 151.70 area, which...
Hello traders, here is the DVD! Last week saw a strong increase in price of not only Bitcoin but also the crypto market in general. The bullish story stems from market-wide excitement about Bitcoin ETFs soon receiving approval from the SEC. There are many big players in the financial industry who have applied for approval to the SEC such as: Blackrock,...
NASDAQ:NVDA is looking weak as per my analysis as the price shows a potential bearish H&S pattern with multiple confirmations. Weekly candles is heavily rejected from the 50 moving average and Daily EMAs have finally closed below all 50, 100 and 200 DMA. On top of this RSI shows momentum weakness which solidifies my short trade idea for $NASDAQ:NVDA. Would like...
Burry has frequently expressed his views on Twitter (X), asserting that the market has not made a genuine recovery and is headed for a recession. He believes it's just a matter of time before we witness the ultimate impact. Many individuals consider Burry to be an extreme pessimist, contending that he consistently focuses on the negative aspects. However, in the...
It is still possible to move towards lower prices for the final stage of Bitcoin correction, so it is suggested to wait until the strong support zone in the range of 8000-13000 before investing in Bitcoin.
Gap + break the Gravity centre + pull back ROYAL BANK OF CANADA go to down
GER30 is breaking structure bearish, bouncing off a W trendline, and has closed below the 50EMA (for those that use EMAs). This weeks candle closed with a large wick at the top and the body at the lower half of the candle. This is a bearish candle. Looking to take the entry to the next weekly low from March 2023. It is a little bit over a 1:1 trade
Monthly resistance for gold is around 2050. I think in time, hopefully by month end gold will be back up at this area. Following on from the news, Biden has sent $100m to Palistine as aid. This will effect the dollar price, and theoretically push gold further up. We have seen strong bullish movement with gold, Powells speech yesterday has caused a nice rise too....
Sure, here's the analysis of Meta (formerly known as Facebook) based on the information you provided: Stock Performance: Meta has recently experienced a stock price increase of over 160%. This is a significant rise and may indicate that investors were enthusiastic, and the stock's performance exceeded typical expectations. This is an important factor that can...