Part 2 of the GBPUSD trade taken on June 5th 2024 at 7:00am. Our Stop Loss was reduced from 1% risk to 0.5% risk. Protected our capital
Hi guys. So i posted recently some crypto related stock ideas. I felt like i should do a BTC update as they are directly related. When BTC goes up, all related crypto assets move up. So lets jump right in. This is a 1 week analysis. So we have established a consolidation range. Consolidation ranges is just a price range between which an asset moves up and down...
We know what to look for on this already! We've done it countless times. This is the type of opportunity you look for in trading!
Sell idea on TSLA as you see on the chart because we have the breakout with force the vwap and the support line.Thanks.!
bullish trend making hh and hl no divergence support level
Hello Traders ! On The Daily Time Frame, The EURCAD Broke a Strong Resistance Level (1.47460 - 1.47800). This Key Level Becomes a New Support Level ! So, I Expect a Bullish Move 📈. ------------ TARGET: 1.49100🎯
#Banknifty:6th June Step1: 49464 -R1 if hit in the morning exit c/f long. Step2: 48509 -S1....Enter long. Step3: Swing high 50094 possible -R2. Step4: Dont carry any long...for Friday.
backed with ism to provide momentum and liquidity fundamentals to determine the bias or the direction tech to execute 'enter' 'exit'
#Banknifty:6th June Step1: 49464 -R1 if hit in the morning exit c/f long. Step2: 48509 -S1....Enter long. Step3: Swing high 50094 possible -R2. Step4: Dont carry any long...for Friday.
4-Hour Chart Analysis: Current Price: 0.7397 USDT Bollinger Bands (21,2): Lower Band: 0.6149 USDT Middle Band (Basis): 0.6838 USDT Upper Band: 0.7528 USDT Support: 0.6611 USDT Resistance: 0.8392 USDT Last Overbought Condition: On June 2nd, 2024, the price was above 0.7641 USDT. The current price of 0.7397 USDT is close to the upper Bollinger Band (0.7528 USDT),...
The #PYTH price is probably tamping the bottom after a several-month correction. 🔼 To continue its growth, #PYTHUSDT needs to consolidate above $0.50 ⚠️ The critical level from below is $0.44, Fixing the price of the Pyth Network token below this level will indicate that the correction will continue for some time. _____________________ Did you like our...
Soybeans Technicals (July) Like corn, July soybeans marked their sixth consecutive lower close yesterday, which by just quickly looking at it appears to be the longest losing streak since March of 2023. The fact that the RSI (relative strength index) only got to 38 yesterday is a bit of s shocker. Typically, a reading below 30 is what market technicians refer...
Bitcoin has further upside potential. If the price breaks through the resistance level at 72,000, the next price target could be the high around 84,000. Key Points: Phase D (Accumulation): Bitcoin is being accumulated by large players (institutions) after a period of price decline. This is characterized by increasing trading volume and the formation of...
Based on Big Picture, currently micron is on going Mark Up Phase i am interested in the recent price action (Black circle), which shows contraction Principle of contraction is one of the topic in which David described in-depth, in his phenomenal wyckoffian book (Trade About To Happen) Apart from that, i noticed the presence of SpringBoard (Blue...
Which supply is going to hold and send price to the HTF recent swing low area. wiill it be the 1st supply or the supply located at the location of the impulsive drop before the consolidation phase we see current?
Corn Technicals (July) July corn futures notched their sixth consecutive session with a lower close, the longest losing streak since February. We see weakness again in the early morning trade, but the intraday lows from Monday are still intact, which is actually encouraging considering the better-than-expected crop ratings report we got earlier in the week....
Continuing from my previous analysis of Micron (Refer to the link below) i noticed the spring which formed @ 31/5/2024 Spring in an uptrend, is a very strong indicator in wyckoff methode Plus, the depth of penetration was just a 'fine penetration' in which exactly suit the characteristic of A Genuine Spring With that informations, i added position @ $128...
Why Trend is Not My Friend in Trading: The Impact of Futures Markets In trading, it's often said that the real money is in the futures markets rather than the spot markets. Futures markets offer higher leverage, greater opportunities for profit, and a unique set of dynamics that can be advantageous for informed traders. However, while it's wise to focus on...