hello guys... I published before about the head and shoulders pattern and the rising pattern, you can check it that the target touched! You can see the usdcad made a Quasimodo pattern and it is possible to start an upward movement to the blue area! but the question is from where?! there are two scenarios: 1- starting from the QML (S1) 2- starting from 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...
KAGI LONG POSITION reads $70,937 if equal lows is met then correct entry would be at $62,200. Despite the short position volume candles, even if it dips lower, kagi and volume will read same accordance at a later times because volume candles has a faster move than kagi. Let’s say volume or Heiken candles dip, Kagi will be about in the same zone while volume and...
This is part of my ongoing analysis, see links below. We have been orbiting 63.3k for several days. It is a key level of the wave down from the top. North of 63.3 is bullish, South of line is bearish. This chart is also a good example of my concept. The red fibs are extensions of an Impulse (fib 0.1). Purple lines are retracement levels of entire wave. Previous...
TRB recent series of surges caught everyone by suprise. It has risen an impressive 500% in just 3 months. It has undergone muted correction from its peak at 67 before trimming back to 40 levels. Now it's ascend journey has reset so-to-speak with 4h metrics suggesting higher lows and net buying activity at the current range conveying preparation to retest...
Previously, The Natural Gas Formed a Bullish Falling Wedge Pattern. On Monday 6 May The Price Broke The Resistance Level (1.973 - 1.893). Currently, This Key Level is Broken and Becomes a New Support Level ! So, I Expect a Bullish Move 📈 --------------- TARGET: 2.140🎯
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08 support and resistance area. Trade safe, Joe.
EURUSD is neutral on its 1D technical outlook (RSI = 51.370, MACD = -0.001, ADX = 29.673) as it got rejected on the 1D MA50-MA200 level, which stopped the bullish wave of the Channel Up from extending higher and potential breaking the pattern. The 1D RSI is on the stage where it should reverse as per March 12th. This is a strong sell signal, TP = 1.05550 (the...
💎 Paradisers, get ready for a compelling trading opportunity with #FTMUSDT, a coin that demands close attention. Currently, there is a heightened probability of a bullish reversal from the key support at $0.5620. If the price can maintain its momentum at this level, there’s a strong chance it could initiate a bullish push, aiming to breach above resistance and...
the GBP/AUD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 1.9000 or lower if the price continues to decline. Target...
Hey guys! At this very moment, we are in the middle of almost everything so you don't want to get caught on the wrong side of the trade. Better be safe than sorry. Having said that, here's my idea about what we are looking at right now. 1) There's a channel marked by green lines as shown in the chart. If you can see this, you'll notice whenever price touches...
Hello, dear friends! 🩷In your opinion, does the price formation look like it's heading upwards or downwards?🧐 Let's disregard the halving event and the moonshot hype. 🤷🏽♀️To be honest, in 2020 everything seemed quite obvious to me: 🟢there was significant accumulation; 🟢all possible indicators were giving bullish signals; 🟢chart patterns were also quite...
Loading July puts in the price range 460-485. I will continue to accumulate puts in this zone until either of the 2 scenarios below occurs: 1) If price drops below 460 at any point 2) If price is still in this zone on 5/14 (next Tuesday) If either of these occur my position will be complete. Main/primary forecast: - Reversal begins tomorrow 5/9, initial...
Judging from the daily chart, the price of Ethereum has fallen below the 50-day moving average, and the 10-day moving average and the 20-day moving average have formed a cross, indicating that short selling will continue in the short term. After the price fell below the important resistance level of 3070-3075 yesterday, the price continued to decline and a trend...
FX:GBPJPY is testing trend support, but buyers are keeping the price away from risk zones. The currency pair is returning to the bullish zone relative to 193.5, which generally opens up the market to 195.0-197.0 upside potential On W1, the currency pair after a false breakdown of global resistance is moving back to 195.844, which generally tells us about the...
Hello, traders and investors!🫶 I'm glad to welcome You to my page! Today I wanna share with You a possible key to understanding Bitcoin's movements. In the world of finance, there are often questions about why asset prices behave the way they do. Some seem chaotic and unpredictable, but there is always a certain logic behind them, the main thing is to want to see...
orm case for the reasoning behind Bitcoin hitting $10,000 and why it’s not as unrealistic as you may think. 1. 10,000 marks the bottom of a bearish trend line I have marked on the linked chart 2. 10,000 corresponds with a bullish retest of a HTF chart pattern marked on chart 3. DXY looks ready to collapse - and with a falling US dollar over the next 0.5-1...
Markets have topped out after months of belief that the Fed would drop rates. The Fed will NOT drop rates until the economy is in recession and the markets collapsing...that is how they function. An initial selloff into mid April has been met with a weak bounce so far, this is your prime moment to load your shorts and prepare now for the mother of all bear...