GOLD again failed to hold the previous ascending channel and dropped into the next one. The chart is trading near the trend line. The price is under the 62% retracement level. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello Traders and Investors, today I will take a look at Nvidia . -------- Explanation of my video analysis: Over the course of the past seven years, Nvidia stock has been trading in a pretty obvious rising channel formation. As we are speaking, Nvidia stock is approaching once again the upper resisance trendline. However this does not mean that we will see...
bearish liquidity zone on monthly, weekly and daily has been hit, price is highly likely to fall, i've opened 2 different positions each targeting the targets, keep an eye for updates when i announce partial take profit or for managing risk, our aim is to bank the whole move but we are open to all possibilities
The new week is here, and we see immediately some kind of small recovery happening after a failed attempt at breakout, where the price is now testing again on the upper side of resistance. Despite the small bounce at the beginning of the week, we have not changed our minds about a downward movement happening here. And to make it even more clear, we set 2 possible...
Welcome back! Let me know your thoughts in the comments! ** GBPCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
SUGAR/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
I still think we hit the same upside levels but think we take a different path to get there than I originally thought. I've been anticipating a big move down before we hit the top, and I still think it happens, but I think we go to different price levels and it happens in a different timeframe than I previously thought. Everyone thinks the trade is going to be...
The EGX30 index, a benchmark for the Egyptian stock market, faces a critical challenge: the concentration of its weight among a few large companies. As of May 28, 2024, the top three constituents – Commercial International Bank (CIB), Talaat Moustafa Group, and Sweden Electronics – account for a staggering 50% of the index's weight. This excessive concentration...
XRP / USDT Xrp tries to breakout after 7 years long accumulation phase Currently Looks good a accumulation zone for the midterm / long term Best of wishes
A Bearish Butterfly pattern is another type of harmonic chart pattern that signals a potential reversal in an uptrend, indicating a selling opportunity. This pattern is also defined by precise Fibonacci retracement and extension levels. Here's a detailed breakdown of the Bearish Butterfly pattern: Structure and Fibonacci Levels X-A Leg: The initial leg of the...
💹 Let's dive in and analyze the RNDR crypto coin, update our previous analysis, and check new triggers together. 🛡️ Weekly Time Frame Analysis: In the weekly time frame, RDNT is one of those coins that moved alongside Bitcoin, similar to Solana and INJ. We are currently in a bullish trend and have surpassed the all-time high (ATH). ⏳ After reaching the...
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...
After overnight short orders hit TP: 2343 this morning, gold has been fluctuating within the 2340-2345 area. Judging from the current gold trend, the downward trend of gold has slowed down, and it has rebounded again in the short term and exceeded the 2340-2345 area. But the weak situation has not changed.There are two voices in the current market. One is that...
WTI Crude Oil Price Shows Bullish Trend Ahead of OPEC Meeting As the chart indicates, on Monday, the price of WTI crude oil rose by approximately 1%. Reuters reports that the bullish sentiment is driven by: → the upcoming OPEC+ meeting scheduled for 2 June; → expectations of high fuel demand with the start of the summer driving season and holiday season in the...
BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken...
With a recent analysis of the #Bitcoin chart in the weekly (logarithmic) timeframe, we can see that the price has once again succeeded in returning above the $70,000 level. As I have mentioned multiple times in recent analyses, I am expecting an explosive move from Bitcoin soon, with targets of $77,000, $85,000, and $100,000, respectively! Main Analysis : ...
OANDA:AUDUSD TPs in 15m time specified on the prices / TP1 0.66249 TP2 0.65944 TP3 0.65660 TP4 0.65221 TP5 0.64820 Remember there is no 100% in financial markets.
Hello everyone, I would like to share my opinion on EUR/USD across multiple timeframes. Upon analyzing the daily chart, it is evident that the price is currently in a critical zone and is displaying signals that suggest a potential move towards lower prices in the 4-hour and 1-hour timeframes. Based on this analysis, I believe that as long as the price remains...