Bitcoin has been trading sideways within a broad range for an extended period, frustrating traders who have been eagerly anticipating a breakout. The current price action suggests that a significant move, either upwards or downwards, is imminent. In this analysis, we will explore two potential bearish scenarios and one bullish breakout scenario, along with key...
AUDUSD is currently forming a Shark Harmonic Pattern (XABCD) on the 4-hour time frame. This pattern is characterized by specific Fibonacci ratios between the price swings. The completion point, Point D, coincides with a key Resistance level, indicating a potential reversal. Trendline Analysis: In addition to the harmonic pattern, there is a significant...
We can attempt to buy PREMA from specified level if it break LH , trendline resistance , also there is bullish divergence indicate that it move upward. SL , TP mention in chart.
Fundamentally, GATEIO:DOTUSDT appears like a dead project, which is obvious in its price action in the last 8 to 12 months. Dot does not look good for investors but is not bad for trading. Again, we are ready to trade its breakout for a possible 100% profit, when the opportunity presents itself. What do you think about Dot? Share it with me in the comment...
To my surprise, GATEIO:COREUSDT got an active development on their codes. A couple of updates will be made in the next couple of weeks. This bullish flag looks sexy enough for the bulls to jump in. It found good support and it looks like it is getting set for another rally. What do you think about this analysis? Share them with me in the comment box. If you...
Spot gold prices continued to fall in early trading Tuesday. Spot gold fell below the 2,300 mark for the first time since April 5 in early trading, with an intraday drop of more than 1%. After the continuous decline in the previous trading day, especially after falling below the 2372 support line, the defense line was broken down, which means that the...
Buyside at 5095 has been taken. If we do not drop hard from here and the candles body on the 1h closes above 5102, we think that the next upside target will be 5021 in ESM2024.
Still looking at GAL after this surge the last days. Looking on opening an scalp position to our swing position which is up 35% 🚀 On the 12H tf I am looking for the FVG to get filled, we shouldn't fall much lower but the "worst" scenario for now would be a pullback to our swing entry and the demand resting there. Target for the scalp is the range high at 5.41$
Trade Idea: Long NZD/USD Analysis Overview: In this trade idea, we are anticipating a bullish reversal in the NZD/USD currency pair based on a confluence of technical factors observed on the 4-hour chart. Technical Rationale: 1. Bearish Trend Reversal: Recent price action indicates a prevailing bearish trend in the NZD/USD pair. 2. Liquidity Sweep: A...
this pair is going up inside a parallel channel trend is bullish until trend line breaks bearish if trend line breakout (breakout retest repeat)
Hello to all our subscribers. Please share your personal opinions in the comments. We kindly ask for your support through likes and subscriptions. Amidst the situation where the Japanese authorities are refraining from market intervention, there is a growing expectation that the timing of the US interest rate cut will be delayed, despite the resilience of the US...
FX:XAUUSD is entering the correction phase. Earlier, based on technical and candlestick nuances on D1, I warned about the approaching decline. Gold is eliminating buyers and apparently heading towards 2267, 2228. April 19 idea: The market is getting ready to turn around, collecting liquidity from buyers On H1 the price is forming a bearish momentum, since...
AUD/USD rises today as inflation data from Australia came in higher than anticipated. March CPI accelerated for the first the first time in months (+3.5% y/y), Q1 rose 1% q/q (from +0.6% prior) and on a yearly basis it came in at 3.6%, which was above forecast. The Reserve Bank of Australia has refrained from raising rates for the past three meetings and has...
AUDCAD OANDA:AUDCAD - Apr. 18th, 2024 BUY/LONG ZONE (GREEN): 0.88750 - 0.89550 DO NOT TRADE/DNT ZONE (WHITE): 0.88500 - 0.88750 SELL/SHORT ZONE (RED): 0.87850 - 0.88500 Weekly: DNT (at last week's close it was labeled bullish, with current momentum it's DNT) Daily: Bearish 4H: Bearish OANDA:AUDCAD has broken done into the next zone. This is what I would...
ILV has been on a good run, and it’s now reaching a historic resistance point at $109. Everyone anticipating the PB4, if you are into GamingDefi space make sure you sign up for the private beta you still got time.
Demand zone with a bearish FVG and a trend line. Waiting to see if the demand hold for a buy up to the 170.500 area
Egyptian Pound seems to be stable till the end of 2024 then a potential fallout to be $0.01 which means a $1=100EGP by the first of the year 2025 , unless a US dollar funds could be pushed to the Egyptian economy from the gulf then the fallout for the Egyptian pound will be delayed and will sustain till Mar 2026 , another notice that the falling pivot points...
Gold has rebounded to around 2332 in the short-term. Many people are definitely afraid that gold will continue to rise to a higher level again. Maybe many people are even chasing gold above 2330. In fact, as emphasized in the first two articles, gold has now fallen below the upward trend, and the short trend is now very strong. The short position is far from over,...