TVC:GOLD looks like it's gonna give a major retracement towards fib 50-75% levels on daily timeframe. As It showed bearish momentum and broke the major support areas before that, It's now trading in premium prices to look for short setups
Here I have USD/CAD on the Daily Chart! Price on UCAD has been Ranging between the Resistance Zone @ ( 1.3880 - 1.3804 ) & Support Zone @ ( 1.3223 - 1.3116 ) since Sept. 2022!!! Price revisited the Resistance Zone on Apr. 16th-17th and since has created a LOWER LOW with price finding a Minor Support Level @ ( 1.3647 - 1.3616 ) Suspecting Price may be creating a...
Here I have USD/CHF on the Daily Chart!! Now given its remarkable rise to its current HIGH @ .92242, followed by the strong drop to the LOW @ .9005 .. This week we've seen Price make a Fibonacci Retracement back to the Golden Zone meaning price is CORRECTING AFTER THE IMPULSE ELLIOT WAVE!! Now with Price working past our LOW, we could see price drop as low as...
Update to my ongoing analysis of this bull run. Correction proceeding exactly per plans. We are nearing some key levels to watch. The bottom should be pretty close to here. $ 56,265 - 56,799 is the minimum expected. $ 52,838 - 53,659 is best Guess and Ideal target. $ 48,090 - 48,750 is the Overshoot (backboard). . Previous plots and logic that lead us here...
- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on 1st Jul 04 and TP 2 on 21st march 08 - If we are looking for sells we take on until 3rd Feb 05 and TP 2 on 25th Oct 04 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the...
Huge Bull Pennant BREAKOUT today for #Bitcoin ! Massive VOLUME coming with the move and price closed above 50MA The RSI looks GREAT and I'm leaning Bullish, but here's a Bull & Bear scenario for the next couple months CRYPTOCAP:BTC coming up to critical resistance at $67,3 If we can close a few days above that level we'll range ~$69,6 Then retest $64,6...
AU Bank has significantly corrected from the highs. Currently it is showing signs of accumulation and this is indicating that the price wants to move up. We have to wait patiently for the price to pull back to this daily demand zone for a potential long setup
Hello, traders here is a setup of AUDUSD as you can see the market has broken the resistance zone that the market has tested multiple times in the past and now I will wait for a pullback and then look for bullish opportunities afterward.
Hello, traders here is a setup of GBPUSD as you can see the market is bullish so now I will for the market to break the resistance zone (the green zone on the chart) then expect a pullback then I will look for bullish opportunities from there. What do you think?
This looks like the most interesting long setup in crypto mining should the opportunity present itself. In the short term, I think price will likely continue up into the $1400-1500 range. If price can't break through that level, I think it'll be a great short. If you look at the correction so far, we've only had 2 legs down, I think the 3rd is yet to come which...
Market Structure Bearish on HTF Weekly and Daily at the same AOi Weekly Rejection candle at AOi Daily Rejection at the AOi Around Psychological Level 0.90500 H4 candlestick rejection Previous Rejection SOS 1:4.09% Entry Signal 95% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
Judging from the recent trend of gold, there is no doubt that the buying power is stronger, so overall gold maintains a bullish pattern.However, in the short-term structure, gold also falls sharply during its rise, which brings considerable difficulties to our transactions.I believe that in the past two days in gold trading, many people should have lost money...
FX:XAUUSD is growing and testing local descending resistance. Growth is associated with the decline in the dollar index on the background of Powell's comments. Ahead of the news on inflation... Technically, on H4 the price overcomes the correction phase and returns to the bullish rut, testing the local maximum. Bulls are focused on consolidation above 2350. If...
FX:USDCAD is declining on the back of a weak dollar index and breaking the support of the descending triangle, which generally allows bears to dominate the market. The price may go down to 0.355 The uptrend is not broken, a correction is forming after a retest of resistance. A descending triangle is forming on the chart as the dollar index is starting to show...
Hello traders hope you all are doing great Here is our opinion on gold for today As you all know yesterday cpi news pushed the gold up and it spiked about 2379 and came back after the news but it went again and swept the liquidity resting the highs that created during the cpi after that gold ranged and market closed for now it has 2 scenarios rn gold is in range...
Market broke Daily LHs turning overall structure Bullish Entry at Daily and Weekly AOi Weekly and Daily at the same AOi Weekly Rejection Candles Daily Rejection Daily EMA retest Around Psychological Level 1.26000 H4 EMA retest H4 Candlestick rejection Rejection from Previous Structure Point SOS 1:5.26 Entry Signal 95% REMEMBER: Trading is a Game Of...
CONTINUATION OF MOVE Market Structure Bearish on HTF Entry at Daily AOi Weekly Rejection at AOi Daily Rejection at AOi ARound Psych Level 1.63000 H4 Candlestick rejection Rejection from Previous structure SOS 1:3.59 Entry Signal 85% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
Imx gives negative divergence on a 1h chart. It may be a good otp around 2,25 and a small short scalp at least till 2.30.