After the Black Swan, BINANCE:BTCUSDT went down, wiping out tons of positions. As we can see, the market is continuing to move downward, even though there are a there are a couple of days left until the halving. It could be two scenarios. First, take liquidity below the key level of 60K, then move upwards. The second scenario is sweeping the local highs and lows...
The price perfectly fulfills my last idea. It hit the target level. BINANCE:BNBUSDT has been making lower lows. It made a pullback, then continued updating LL. As you can see, the market has calmed down after falling. The main idea is that the market will probably move sideways, building liquidity above and below the range zone, which is basically the...
AUDUSD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long AUDUSD Entry - 0.6424 Sl - 0.6380 Tp - 0.6508 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPJPY - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short GBPJPY Entry Point - 192.71 Stop Loss - 193.13 Take Profit - 191.93 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
It couldn't be any more simple than that. The altcoin market is having the last short-term correction before an surge past the All Time Highs (ATH). The Pressure Zone 2, which is the Resistance Zone coming off the Bear Cycle's first Lower High, is the last volatility variance and effectively last opportunity to enter before alts start the most aggressive part of...
Hi everybody! Now, EUR/USD continued its losing streak for the sixth straight session on Tuesday, hovering near 1.0620 during Asian trading hours. Strength in the US Dollar (USD) puts pressure on the EUR/USD pair, possibly boosted by rising US Treasury yields. Additionally, stronger-than-expected Retail Sales data from the US raised expectations that the Federal...
Hi everybody. Nice to meet you again to discuss and strategize with you today! Overall, the movement of EURUSD completely meets my needs. After the head and shoulders formation, the price has broken out of the bullish and bearish channel up to now. It is currently in the process of recovering and consolidating above the 1.0600 level. With the possibility of wave...
Hello dear traders! Overall, SOLUSDT is seeing a weak recovery in the bearish trend. In this scenario, we may consider a selling opportunity as it completes a test of the bearish channel around the 140.00 mark. The target for this decline is at the 124.60 mark. Good luck and remember to set your take profit (TP) and stop loss (SL) levels properly!
The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:ADAUSDT went straight down, breaking through the support level. It broke and closed below the key level at 0.50. This opens the door to lower levels. I think the market might move down to retest the recent support level. If the market makes a retracement toward resistance around the...
Silver (XAGUSD) easily broke through the 25.000 Target we set 2 months ago (February 15, see chart below) and invalidated the Triangle pattern as it is entering into a new long-term Bull Cycle: This was achieved as it broke above the 2-year Resistance Zone 1 and the Triangle transitioned into a Channel Up. Last week it hit Resistance Zone 2 and technically we...
The price perfectly fulfilled my last idea. It hit the target zone. The price bounced off the support level. OANDA:XAUUSD is ranging by forming a traingle pattern. On the daily timeframe, it is an inside bar formation. The price might continue to range because we had a massive sell-off before. I think the market may keep moving sideways; squeezed in the shape of...
Johnson & Johnson (JNJ) quickly hit the $147.00 Target that we set on our very recent sell call (April 03, see chart below) and is now approaching the bottom of the massive 2-year Channel Down: Even though based on the very reliable and consistent Sine Waves, the bottom might be a process that can take up to 2-months, the stock is low enough for medium-term...
The USDCAD pair hit our 1.36200 Target (February 09, see chart below) and even broke above the Symmetrical Resistance Zone: The price now sits at the top of the 2024 Channel Up, a similar pattern with the July 14 - November 01 2023 Channel Up. In fact the pair is approaching that November 01 High (Resistance 1) and being at the same time on an overbought 1D...
The market is approaching the main resistance at 1.72760. The price has broken through the downward channel. FX:GBPCAD is moving sideways below the resistance zone. I think the price is going to take liquidity above the potential range zone and then move down because, if you look at the daily timeframe, the market has been pushed down multiple times from this...
In my post from last week regarding FX:GBPUSD , I mentioned my anticipation of a drop below the 1.25 support zone, along with an expectation for a continuation of the downtrend by 500 pips. These expectations remain unchanged. Moreover, with recent inflation data released from the UK surpassing expectations, there's a possibility of a relief rally being...
World gold prices dropped sharply when the US announced that the March CPI increased stronger than expected, both on a monthly and yearly basis. The US March CPI rose by 0.4% month-on-month and 3.5% year-on-year, surpassing forecasts. The core CPI also increased by 0.4% monthly and 3.8% annually, exceeding expectations. US real income in March increased by 0.3%,...
Precious metals on the world market quickly lost the threshold of 2,400 USD/ounce after achieving this record yesterday. Disappointing economic data is adding to solid safe-haven demand in the gold market. June gold futures last traded at $2,421.60 per ounce, up 2% during the session. According to the report, consumers see inflation in the United States rising...
Hello dear Bitcoin traders! Overall news: With just two days left until the Bitcoin Halving event, BTCUSD is still weak, fluctuating around the $64,000 mark without showing significant changes in trend as it is still in the recovery phase. correction, receiving support from $61,780. However, overcoming the resistance as mentioned on the chart remains the...