Weekly time frame logarithmic chart analysis... Shiba can continue its upward growth based on Fibonacci and resistance and support levels and trend lines. This is a personal analysis.Trade based on yourself analysis, I am not responsible for anyone's loss. yourself
Dear friends, gold fell into a volatile market again after touching around 2198 during the day. During the decline, it only touched as low as around 2184 before rebounding again. The current trend of gold looks very strong. Will gold still fall? In fact, we need to pay attention to one detail. Gold fell back immediately after touching the 2198 position. The...
Market structure is what I would want to see when making the decision to execute throughout the week. I must admit, in comparison to GBPUSD, it's not pristine but still, money is there to be made! Wednesday is when Euro manipulated the bears by running on mid-week buystops + Fridays buyside liquidity pool before capitulating throughout the remainder of the week,...
The bearish sentiment towards gold is reinforced by its failure to breach both the trendline and resistance levels.
Hello everyone, welcome back subscribers. Please share your personal opinions in the comments. Booster and subscription are appreciated. Today, the fourth-quarter GDP of the UK was announced. It was in line with expectations, but showed a decline compared to the previous figure. Major economic indicators from the United States will be announced starting today,...
Price currently trend to the downside after the bank of Austria economic data release in the early London session hours yesterday. I anticipate more bearish sentiment to be created today.
We need to see yellow strong buying hold us to attempt another breakout of tapering up top. If we fail yellow, our next stop is magenta support which will be important for bullish price action to continue. We will likely see this happen today - and if we do hold yellow and reject at tapered blue above, I will be taking shorts and expecting a gap down below yellow...
On Wednesday, Japan's Ministry of Finance, Financial Services Agency and Bank of Japan held an emergency meeting to discuss the financial market. Makoto Kanda warned the market that he might intervene in the market. The USD/JPY and US dollar index subsequently turned from rising to falling. The decline in the U.S. dollar index in turn boosted the gold...
We are looking for a heavy dump here now near daily resistance formed here or near our possible resistance zone which is mentioned as a major resistance and soon we are looking for our -300pips target hit by high volume and bear candles. DISCLAIMER: ((trade based on your own decision)) <
It looks like NASDAQ:META has found a meaningful top as more technical signals agree a short setup has formed. Three significant trendlines have been broken, and today a significant fib retracement level was neatly rejected as TikTok drama continues its inevitable path of escalation. It's tempting to immediately target the gap below, but there is a POC on the...
We are looking for a confirmed activation of our buying continuation - that could be yellow HTF acting as support but ideally we will need to activate something stronger like purple or on the LTF green/blue. Happy Trading :)
AUDJPY has a similar chart to GBPJPY. My entry strategy is more or less the same as GBPJPY, using RSI trendline break as entry confirmation.
We are considering the movements of the ETH price relative to the BTC price. On the chart of ETH movement relative to BTC, we can identify a specific range where the support level is at 0.04885 BTC, and the resistance level is at 0.08869 BTC. When the price reaches the support level at 0.04885 BTC, a confident bounce is observed, followed by further growth....
1INCH is bouncing off the Fibonacci 0.382 level and bouncing off the resistance area. Bearish trend is likely to continue and reach the resistance level at 0.49.
I think this thing has room to run. It's had its $h!t pushed in. It's broken it's down trend. It's down massively. Good risk reward if it doesn't go bankrupt.
PayPal has broken and tested its old downtrend. I like the stock.
Dear Readers, I hope this message finds you well. I wanted to provide you with a brief update on the stock FX:USDJPY I have been monitoring. It appears that the stock is approaching a potential resistance level Near 6960-80 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a...