This chart uses symmetric trajectories from the early distribution phases to estimate the path price will take to initiate markdown. Initial target = 506-508. If SPY finds resistance at 516 then the initial target could hit by the end of this week (5/10). If SPY breaks above 516 it should find resistance at 518-520, and then the initial target will be delayed -...
By analyzing the gold chart in the 2-hour timeframe, we observe that after the price drop to $2332, there was a demand surge, allowing the price to rise to higher levels as expected. After the price entered the Bearish BB zone at $2372, we saw a price drop to $2368. Currently, the price is trading around $2370, and in a few hours, we will have the important US CPI...
This is doomed. Always dangerous to short NVDA, but if we get a break below 894 in the next day or two I'll buy puts with target 861 by end of May (nice 30 point drop). Could go a lot lower. I'm going to leg into puts before the bell and then add bigger if we get the break below 894. Had a great run, if you've followed me since Jan 2024 I predicted NVDA would...
FX:XAUUSD earlier returned to the range after a false breakdown of resistance. The market is now fading as it is in the waiting phase for Powell's speech as well as the rest of the inflation news. Traders are waiting for PPI ( ECONOMICS:USPPIMM ) today as well as tomorrow's CPI ( ECONOMICS:USIRYY ) . Earlier, the market discussed the interest rate cut as...
Hi. KUCOIN:GTAIUSDT Today, I want to analyze GTAI for you in a 1D time frame so that we can have a SHORT-term view of GTAI regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). 🔵We have a Bullish Structure here GTAI formed a falling wedge on 12h timeframe🤔 Up we go if we do breakout ,...
On Semi conductor's selling has been weakened since Nov 23 and the larger falling wedge is pointing towards a larger bullish reversal pattern. First the cup and handle is close to a completion and will confirm the pattern once it breaks above US$72.84 resistance. Volume is low but is a potential sign of accumulation. Long-term MACD is close to a bottom...
Gold was on a downtrend, but now, following the break of this downtrend line and considering the bearish trend of the dollar index and important news today, we could expect a bullish move towards 2400 - 2417. 📈
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Pair Name : NZD/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bullish Break 0.60000...
EU is Bearish on HTF During Sunday Market Review we had previously anticipated a short position targeting swing lows, but mostly based on MTF/LTF structure, where we saw CH and a potential pull back to MTF/LTF POI. Unfortunately those POI and CH were all trap that were used to fuel bullish pressure to mitigate POI/IMB. mind you this IMB mitigation had happened on...
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Yesterday I said that if the Bitcoin price cannot break through 63450, it will fall back. However, today the fallback is larger, with the lowest point reaching around 61450. The price currently encounters downward resistance above 61450. If the price breaks above 61850 again, the upward trend will continue. If the price falls below 60800, then the uptrend will...
Intro - This is Binary Forecasting Service's CONTINUOUS GOLD FORECAST featuring 16 to 20 hours a day around-the-clock coverage of FX_IDC: XAUUSD ticker, with current favorite outcome highly detailed in proprietary trend maps through all of NY market tomorrow. This data must be used with continuous updates to remain relevant until it is replaced. Using this without...
Signals are available everywhere... And new data is coming in all of the timing. The market is great. Even though we get confirmation after confirmation, doubts still creeps in. Even though we see the market moving just as we would expect it to move based on the cycle, sentiment and chart signals; confirmation after confirmation, for real. Somehow, each time...
End of day update from us here at KOG: So far so good, we've shorted into the order region and then longed back up where trades should be protected and partial profits taken. They're not making it easy due to the constant choppy price action but price is moving the right way. So, what now? Support here stands at the 2345 region which is circled on the chart,...
For the first time coming out of a multi-year high, so, for the first time since April 2021, Bitcoin moved and closed weekly below EMA10. 👉 Bitcoin is now officially trading within bearish territory. This signal can be interpreted as the start of a short-term bearish wave. If the wave will be long or short in duration we cannot tell at this point; assuming our...
Hello traders ,what do you think about GOLD? On Friday, gold entered the correction by reaching the resistance zone of 2380. The correction is expected to continue until the specified zone and then grow to the specified levels. CPI data this week can be the driving force for gold If this post was useful to you, do not forget to like and comment.❤️
The rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven...