Trading Plan: Long Position Entry..! 1. Market Situation: - Currently heading towards the 1w +fvg (insert specific market or asset). - Anticipating a price action to reach the 4h fvg (four-hour Fibonacci retracement level). 2. Expected Scenario: - Anticipating a potential rejection at the 4h fvg level. 3. Response Strategy: - If the expected rejection occurs,...
We know this is an unpopular opinion BUT technically, Bitcoin is ripe for a move to the downside. On the monthly chart, we can see that we've completed a major wave 1 impulse and now we're in a wave 2 correction. We're looking for one more move down to complete this wave 2. See monthly chart below: It looks as if we're making a 535 correction and therefore,...
Our last Bitcoin analysis caused quite the stir... Understandably those that are holding Bitcoin would want to see it moon BUT we would rather be cautious and mark out any other possible scenarios that may happen and would allow us to buy into Bitcoin more before it moons. Now that we've completed wave B, we can see that we made a new high = can't be a 535 flat...
Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Fundamental news: Next week on Friday we will see results of Unemployment...
JASMY Analysis and Signal on 4H 🔵Entry Zone 0.019102 - 0.018397 🔴SL 0.020074 🟢TP1 0.016641 🟢TP2 0.014610 🟢TP3 0.012385 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please...
Hello Traders ! On Tuesday 30 April, The EURCHF Reached The Resistance Level (0.98115 - 0.98420). The Price Formed a Rising Wedge Pattern. Currently, The Higher Low is Broken ! So, I Predict a Bearish Move 📉. ------------ TARGET: 0.97030🎯
This analysis is based on a massive rising wedge pattern that has been developing over 7 years at this point. It's a long-term trade, so we have to be patient. The trade is simple; we're going to wait until the top of the next bull-market to enter a short on ETH. When this trade will activated remains to be seen. I'm waiting for ETH to touch the top resistance of...
we made almost 430 pips from our area on gold by 4 positions this week on NEWYORK session last week with just 2 SL .last week i had a surgery on my stomach and i not in the mood .after all of happenings on last week now we have some plan to trade gold this week. we trade on newyork session by our new area and i wish more profit from last week. "Using the data we...
GBP/USD is grappling to sustain its upward momentum and is trading below the 1.2550 level in the US trading session. Earlier in the day, disappointing April employment reports from the US triggered a USD selloff, propelling this currency pair to its highest level in weeks above 1.2600. However, it failed to hold onto this level and quickly retreated to 1.254. On...
Hello everyone! Recently, following a price dip, the accumulation by large-scale Bitcoin holders (often referred to as 'whales') has driven the price of Bitcoin from over $60,000 down to a low just below $57,000. However, it quickly rebounded, with the cryptocurrency now up more than 4.5% in the last 24 hours, currently trading at $62,700. Keep an eye out, though,...
Hello everyone, let's explore today's gold price situation! Yesterday, gold experienced significant fluctuations in response to two major news events: the Non-Farm Payrolls report and the unemployment rate. Following these updates, gold prices initially surged to $2320 USD, then dropped to $2277 USD, before finally stabilizing around the $2300 USD mark. However,...
Hello everyone! The EUR/USD surged to 1.0800 as the US Dollar weakened during the early trading session on Friday in the US. The greenback faced a significant sell-off following the US Bureau of Labor Statistics (BLS) report, indicating soft labor demand and slowing wage growth for April. This caused the US Dollar Index (DXY) to hit a three-week low, providing...
Hello everyone, what are your thoughts on BTCUSD? Taking a close look at the technical chart, BTCUSD is currently forming a cup and handle pattern, and the price continues to follow an upward trajectory as per the long-term trend. It is anticipated that in the near future, the price could reach $90,000 as it approaches the ascending trendline formed by the...
Hello everyone, Brian here! The EUR/USD has ascended to a three-week high, nearing 1.0800. This strength in the primary currency pair is bolstered by the weaker-than-expected US Non-Farm Payrolls (NFP) report, which has put pressure on the USD, benefiting EUR/USD in turn. From a technical perspective, the EUR/USD extended its winning streak to the third session...
EUR/USD has revisited the recent consolidation high on Thursday, reclaiming territory north of the 1.0700 threshold as market risk appetite stabilizes ahead of another US Non-Farm Payrolls (NFP) report on Friday. Price action has been aligning with the 34 and 89 EMA as the market anticipates a direct catalyst that could decisively influence the trend...
Hello everyone, what do you think the next trend for BTCUSDT will be? From a detailed analysis of the technical charts, BTCUSDT has formed and established a new high around $73,300. Following this, the coin has undergone a corrective pullback according to Dow Theory and basic wave structure. In this context, the anticipated price target for BTCUSDT is around the...
Hello everyone, do you think we should be buying or selling BTCUSD at this time? From my personal analysis, after examining the 4-hour technical charts and other technical indicators, it appears that the sellers are still in control. The price is trending below both the 34 and 89 EMA lines, and the bears have successfully breached multiple marked support levels....
Hello everyone, Brian here. Today, gold ends the trading week hovering around the $2,300 mark during the Friday session in the U.S. The 10-year U.S. Treasury yield remains just below 4.6% following weak U.S. data. Despite this, an improved risk sentiment has prevented XAU/USD from gaining any significant momentum.