Gold is following a downward trend line in the 4-hour time frame and has formed a short-term ascending channel! Gold is currently at a very important resistance zone of 2035 - 2039. Here we have two possibilities: 1. Gold may fail to break above this resistance and continue its downward movement from this area. 2. Gold might break above this resistance with...
#DYDX #DYDXUSD #DYDXUSDT #Short #ShortSetup #Eddy We are in profit for more than 60% of the growth of this currency, it seems that there will be a correction from here and if the conditions and market confirm, I will enter the reverse trade from here. Please keep an eye on Bitcoin and indices including Total 2 and Tether chart. Do not enter into the transaction...
For Apple, two scenarios remain feasible. We continue to believe that we may have witnessed the completion of a significant cycle and anticipate a further correction downwards, expected to range between $115 and $90. Theoretically, according to traditional analysis, this correction should ideally be between $115 and $92. This bearish grand scenario would become...
If APPL keeps dropping and gets below $178 I think this could be a very good short. I already took a small position, not financial advice. DYOR. Might be a little premature , above $190 would invalidate this.
Traders, I must warn my followers of the resistance level that Bitcoin is now up against. Bitcoin has been shocking the world with price action these last several months and now would seem to be fairly over-extended. Additionally, Bitcoin has a serious resistance level that it must move through if it wants to move higher. I am normally not an overly dogmatic...
NSE:ASIANPAINT has broken down from a triangular consolidation and seem to have taken support at 200 week MA. Last time the stock touched 200 WMA was in 2009 (yes, a good long 15 years back). If 200 WMA holds then it would save the stock but if it breaks then we might see up to 30% downside from current levels as per TA targets for the triangle and these are...
Dear My friends, I'm always waiting for a short opportunity for CKB. And I see the opportunity has come. You look at the red line I draw between price growth and trading volume. Also, if you open the RSI indicator to compare correlation. You can also see clear divergence. Currently, BTC price is very beautiful. And those that have not yet increased will increase....
This will be an excellent (and may I saw obvious) trade to look out for today. After a strong move post-earnings, we have already shown signs of buyer weakness at these levels. Today we are looking for that squeeze and proof of buy side tapering at the top of our yellow and blue tapered buying continuation channels. They line up perfectly and will be wedging with...
I know this a bull market but I think we will have a hard pull back soon. I don't want to be caught with my pants down so I opened another short. I'm still bullish overall but I feel better hedging my portfolio.
Hello Birdies, As per my chart this should mark the local top for BTC and we should visit our breakout area which is around 42360. The Horizontal line above is the left shoulder of the double top of the BTC and its fib channel 78% too we have some level of confluence there. Let see how it gonna react. Thanks
stock is strong downtrend its one of theweakmost names in banking space with banking index trading near all time high this stock is at 52 week lows and not just that but at 3 year lows such stocks are ideal sell candidates fr trading and expect a heavy downmove here with a stop above 232 mark
If Close one day candle Below the trendline Then Enter a trade with less then 5x laverage
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
This is a very decent trade and shouldn't talk back like your GF does, so there's no need to get excited apart from the profit you're about to make.. Sell from ~$7.35 down to $4.40 Follow on my chart. dub.sh
According to the previous analysis, after reaching the final target and after the last attempt to break the resistance, a head and shoulders pattern was formed, whose dynamic trigger and neck line were also broken, which can continue the correction to the first support area after the pullback is completed. Reverse head and shoulders pattern 🛑Resistance:...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Meanwhile, yields on US Treasury bonds are increasing on the shorter end of the yield curve, indicating that investors are still doubtful about the possibility of the Federal Reserve reducing interest rates during either the March or May meetings. The most recent minutes from the Federal Open Market...
Just like I gave my analysis on the xau market yesterday with the expected Retest zones and retracement points, xau has had a zone to zone swing hedging across the market and gradually falling down (bearish) through, we expect a continued sell swing for the rest of this week candle Lets watch the market hedge through the analysis 👏....
As we are right now moving in the consolidation box, we can try to trade short position with a take profit at around 51.200-51.400. General reasons to open the position: - Formalizing the sharp angle by BW alligator - Volume descending - Price consolidation after fast grow IMPORTANT! Always follow your trading strategy and follow RM!