In this video, I follow up on the trend line exercise I introduced in the last post. The exercise is designed so that you can learn about markets and price flow in your own experience. There is beauty and harmony in each chart that shows the footprints of the buyers and sellers. To most people, the price action on a chart looks chaotic. It's not chaotic, you need...
Unveiling Bitcoin's Golden Bull Run: A Comprehensive Technical Forecast Bitcoin, the flagship of cryptocurrencies, has once again surged into the spotlight, signaling a potential golden bull run on the horizon. This comprehensive analysis leverages Fibonacci levels, trendline analysis, moving averages, and now, an exploration into long-term candlestick...
Ethereum is where it can go higher according to my analysis, and in Rsi Divergence is also positive and there is still room to climb, I think Ethereum can break this area with strength.
Currently, data is showing that Canada will avoid a full recession this year. According to forecasts by consulting firm RSM Canada, the probability of a recession in the next 12 months is now at 60%, down from 75% at the beginning of this year. Furthermore, that probability may decrease further in the coming days. After three years of dramatic economic change,...
GBP/USD is currently trying to settle above the resistance at 1.2180 – 1.2200 as traders bet that Fed will not raise rates again this year. In case this attempt is successful, GBP/USD will head towards the next significant resistance at 1.2370 – 1.2410, although it may also face resistance near the 1.2300 level.
USD well and truly broke the sequence of six consecutive days of losses. The dollar rebounded sharply after the inflation data, having traded around flat before the numbers. A fourth consecutive week of initial weekly jobless claims around 200k also suggested tightness in the labour market continues. Yields rose though more Fed commentary stuck to the recent...
SD/JPY remains in a difficult position as the fundamental backdrop remains tilted in one direction, but the threat of intervention acts as an obstacle to trend continuation. At this stage, the deviation in many JPY pairs is still large because the Bank of Japan keeps interest rates at the floor level despite rising inflation. Most other major economies have...
Bitcoin price traded at 27,130.14 USD/BTC, down 1.92% in 24 hours. The liquidity of the cryptocurrency with the largest market capitalization is at 21.47 billion USD, down 14.03% compared to October 10. Bitcoin's capitalization reached 528.96 billion USD, accounting for 49.30% of the total capitalization of the cryptocurrency market.
I use SMC Strategy to make this Setup with RR 1:3.4 Entry at 1.0955->1.096 SL: 1.1 TP1: 1.09 TP2: 1.084 TP3: 1.082 My Setups are usually simple and straightforward I will update this Setup regularly
ES (SP 500) Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channel, Cluster, Confluence, Fibonacci Retracement, Pitchfork - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is...
Base on DTGD Method, apply a simple TL & SNR with TF confluence, waiting for Price Action on H4 (reversal candle) Disclaimer: "This is not an investment advice"
This will be my trade setup for nifty for 18 May 2023: Today price wasn't able to move above trend line and bears were only the charge of the price now nifty have 18200, 18260 and 18290 hurdles on upside whereas on downside nifty took support at 18100. For tomorrow i will trade considering these things in mind: 1. If Opens flat and price sustains today's close...
If BTC can hold 30,200, Were in an upward trend micro view BULL MODE! COMMENT LIKE SHARE! THANKS!
BTC should go down and test around 28,500 around 4/16/2023 BEAR MODE! COMMENT LIKE SHARE! THANKS!
BTC will come down test around 28,500 BEAR MODE! COMMENT LIKE SHARE! THANKS!
XLM will come down test around .10 BEAR MODE! COMMENT LIKE SHARE! THANKS!
By hitting the down trend line, we can expect a fall to the 2-leg
ES Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channel, Cluster, Confluence, Pitchfork, Modified Schiff Pitchfork - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is ...