As you can see the price left the clean equal lows that can be defined as a target. Well, the price grabbed the liquidity above the previous day's high and changed the market structure, so in that case we can expect a more bearish move to sell-side liquidity. Please pay attention: We need LTF confirmation to execute the sell position. 💡Wait for the...
In times H4 and H8, after the breakdown of the descending channel in the form of a pullback to the range of $7500 and confirmation of the continuation of the trend, it is possible to reach the specified supply area according to the important resistance range, as well as the neck line of the range of 7500, with the support of this range, the ability to reach The...
Two days ago, following a very timid attempt at an all-time high, Bitcoin experienced a sharp and rapid drop to 60k. However, bulls regained control, and after some volatility within this range, the price stabilized between 65k and 67.5k. A closer look at the short-term chart reveals that pressure is mounting for an upward breakout, and this time, I anticipate a...
As I anticipated and drew attention to two weeks ago, FX:USDJPY peaked above 150 and, after several days of distribution, experienced a significant breakdown yesterday below the 149 support level. At the time of writing, the pair is trading at 148, and I anticipate further downside movement. The target zone is around 145, and the recommended strategy is to sell...
As you may know, I've been extremely bullish on OANDA:XAUUSD and have been anticipating this move to an all-time high since the $2,000 mark. However, at this juncture, the upward movement appears to be significantly overextended. Following the break above $2040, we've witnessed a near-vertical ascent, now entering the fifth consecutive day of gains. It's...
As usual, BITSTAMP:ETHUSD tends to catch up with BITSTAMP:BTCUSD initially, as its price lags behind. However, after the leader experiences significant upward movements, Ethereum follows suit and often surpasses those gains. Technically, the price has been confined within a long upward accumulation channel. Once this channel was breached, the price...
What do you think? DBR = Drop Base Rally Demand Zone LQP = Liquidity Pool Arrows = inducement points HTF = Higher Time Frame
Last week was relatively quiet for TVC:DXY , with the price fluctuating within the support and resistance range. However, as detailed in a previous analysis, the odds favor a downward break. The index began the week poorly and is currently trading near confluence support once again. A break at this level, given the prolonged consolidation, is likely to...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Yesterday, BITSTAMP:BTCUSD briefly hit a new all-time high for about a second. Following this much-anticipated event, the price sharply declined to the 60K zone. From a technical standpoint, both the long-term and short-term bullish aggressive trends remain intact. However, we should anticipate extreme volatility and significant fluctuations. Buying...
Two weeks ago, I mentioned the possibility of a significant correction for PEPPERSTONE:NAS100 , suggesting that the index could drop to as low as the 16k zone. As always, navigating uncharted territories, particularly at all-time highs (ATHs), presents challenges in determining price levels and timing trades. However, I now have a reference point, which is...
Similar to Gold, Silver also began the year poorly. After finding support just under $22, it started trading in a range. A few hours ago, the price managed to break above the range's resistance, indicating a bullish outlook. However, unlike gold, silver has lagged behind in its performance since the start of the year. In my opinion, this gap will be filled, and...
Last week was quite eventful for $BITSTAMP:BTCUSD. After breaking out of the two-week-long rectangle consolidation, the price surged, increasing by $10,000 in just a few days, or more notably, around 20%. However, after reaching a local high on Thursday, the price began consolidating recent gains and is adjusting to the $60,000 mark. The positive aspect for...
As discussed in yesterday's video, OANDA:XAUUSD demonstrates strong bullishness on both the weekly and daily charts. However, following the substantial 450-pip rise on Friday, a correction may follow. A perfect scenario would involve this correction leading to a retest of the 2060 zone, which was formerly a broken resistance level. Nevertheless, upon...
After a particularly frustrating week marked by the OANDA:XAUUSD price fluctuating within a tight range of around 100 pips, the price finally broke above the 2040 resistance level. At this juncture, bulls have taken control and are likely to maintain dominance as long as the price remains above yesterday's low. The initial target for this upward movement is the...
It is moving in an ascending channel, which after forming a floor at the bottom of the ascending channel and exiting the corner, it is moving towards the supply area and the $50 range. If it breaks the $50 area, the path will be opened to continue climbing to the next range and the ceiling of the channel. 🟩Sup: 43.80 - 45.30 ⛳️Tp 1:50 - 53 ⛳️ Tp2 : 56.20 ⛳️ Tp3...
In time W1, after exiting the density, it is currently in the specified area of the trading range and at the corner of a density in time D1, if it is supported in the green box area and exits the density, it will have the ability to grow to the specified supply area. Otherwise, the breakout will continue to correct from the bottom to the liquidity...
Dear ZTraders, We have seen the inflation data that showed a decrease in inflation year on year. We can now expect a weaker dollar and also a stronger gold. Let us know what you think about our idea. Greetings, ZTrades