Hello Everyone,
As you can see on the 2h chart, BTC is all set to give a breakout! The rally may lead BTC towards 32000 in the short term, and 40000 in the medium term!! I won't get surprised if BTC kisses 50000 again before 2023 ends!! Downside weakness is seen below 26000!!! But the current week's NFP data won't give any space, I guess!!
This is a follow-up post of our previous analysis with USDJPY. As we expected the currency pair given breakout at the level of 139/140. It has formed a Doji candle on one day chart, gave confusion to retail traders as that Doji was formed after continuous bull candles and appeared nearby the resistance area. It was able to manage to give a breakout and stay strong...
Triangle breakout towards the downside has been seen in gold ( 15 MINS Chart ), Consider a Sell below 1974. May TEST 1962 Region!! Keep stop loss at Day's High ( 1981). Apply your own risk management. Kindly read disclaimer from previous post before investing!
USD JPY analysis: After consolidation it is trying to give breakout! One can get into ride , if the breakout happening in the currency pair! 140 is the Key level for this currency Pair! Thank me later with notable profits!!
Crude oil is all set to giving a breakout on long side! you can expect data ( Tomorrow's Inventory ) to support this possible breakout!
yes! you can consider a BUY on WTIcrude oil STRICTLY above 73.75 Region with the SL of 71.25 for the target of 77.75!!!
Alternative scenario : If crude is not giving breakout on upper side, you can go for sell below 71.75 with...
GOLD is approaching it's support region on one hour time frame. You can consider a sell if the support broken. support seen below 1968 region!
Sell gold strictly below 1968, maintain SL at 1978 towards the target of 1955! hope the data ahead within few mins (jobless claim ) will support for the downside breakout! Apply your own risk management.
disclaimer :...
crude looks overbought on charts! kindly consider this as educational purpose only! kindly consult with your financial adviser before taking any investment decision. kindly apply your own risk management.
