BTC in an Inverse Head and Shoulder Pattern During the previous weeks, BTC went as low as 56.6K. The price found a strong support zone and reawakened again the bull's interest. Currently, BTC has completed an Inverse Head & Shoulders pattern showing temporary strength. 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please...
EUR/AUD has made a bullish reversal off a pullback support and could potentially climb higher from here. Buy entry is at market (1.6240). Stop loss is at 1.6200 which is a level that lies underneath a pullback support. Take profit is at 1.6342 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 196.93 which is a pullback support. Stop loss is at 194.90 which is a level that lies underneath a pullback support. Take profit is at 199.52 which is a level that aligns with the 78.6% Fibonacci projection level. High Risk Investment...
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 31.34 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 30.35 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3636 which is a pullback resistance. Stop loss is at 1.3675 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 1.3561 which is a pullback support. High Risk Investment...
On the daily timeframe, GBPJPY has demonstrated a strong bullish trend. Our main goal is to identify a buying opportunity that aligns with this ongoing trend. Assuming price action unfolds as discussed in the video analysis, we anticipate favorable trading conditions. The video covers critical aspects such as trend analysis, insights into price action, market...
#CADCHF EASYMARKETS:CADCHF Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no...
EASYMARKETS:LTCUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or...
The USD/JPY is one of the sell pairs we have from the portfolio selection we did yesterday. The Major pull for us thinking of shorting this pair is the wave structure (3) Momentum Low; this price point has over 70% probability that at some time in the future, the price will come back there after a retracement. On Friday,15-minute timeframe, we saw a breakdown...
In this video, I'll be diving into my starred charts for the week, providing you with a detailed breakdown of currency pairs and gold trends. I'll share my personal insights on what the charts are indicating and what potential movements we might expect in the coming days. Remember, I am not a financial advisor. This analysis represents my own views and is meant to...
SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. WTICO/USD Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within...
Hi everyone, Here is a quick analysis on Bitcoin using predominantly the Monthly and Daily chart for my analysis. We see a reaction from a Monthly Bisi with price moving higher. On the Daily timeframe for a closer look, we see that there is a Premium Sibi and a Discount Bisi. So we may see some back and forth movement between the two. But, I will be looking for...
US 20Y yield had hit my previously projected target (idea on 3rd May). Now I expect a corrective wave up in A-B-C and then a wave 1 = wave 3 move down (minimally).
Anything goes this week! Trading within thin margins does not provide low risk, high reward strategies. Lookout for the volatile week ahead. Liquidity WILL print price to a PD array
Compared to ES and NQ, YM is the only pair to close above Wednesdays high but with high volatility in the cards and YM currently trading in 'no-mans land', expect things to happen!
Very similar price action to ES, just with a few extra signatures. I will be awaiting more data for me to make a clear decision where price action is most likely going to draw to.
With 4 consecutive weeks of straight bullish price action, what would it take to slow down this bullet train? I mean, it could go up forever but markets move in waves of fractals and retracement is perfectly healthy in a macro bull market.
In this video, we delve into the recent movements of the Pound Sterling against the US Dollar as the GBP/USD pair hits a temporary pause near the key resistance level of 1.2700. Investors are closely watching the upcoming release of the United Kingdom's Consumer Price Index (CPI) data for April, which is expected to provide crucial insights into the interest rate...