Hello everyone as you all of us and our markets are dependent to US Dollar and it is true, if you like it or not. For this reason we should consider its chart as a confirmatory study (but not always). If this counting and prediction is correct, so we will see a sharp drop in DXY that can justify our expected rally in Crypto market (and other high risk markets). Thanks
This week we have red folder news Tues - Thursday. We will be having tons of volatility from these news. Be patience and wait on your setup. Until my tread line is broken, i am still bullish on DXY. My target is 106.00. Have a good week.
Took profits from 2368.8 to 2360 and flipped long when I noticed a flag forming on the 15. I think I’m going to respect the bulls here until I see a better reason to sell. Tight SL 2356.1, might move it lower still.. but I can see a pop happening over night to hit some stop losses. Always happy to take some profits. GL to you
As commented in the related ideas section about CRYPTO:BTCUSD , the previous consolidation zone between the 2 white lines, which I expected CRYPTO:BTCUSD to break out and hence placed the buy stop order at 71800, already failed on April 13 when BINANCE:BTCUSD broke DOWN its MA-50 on war news. The expected trade therefore was never triggered and I am...
- There is a characteristic pattern that gold chart follows during its bullish rally. - During first rally from August 1976 till January 1980, the price went up by 773% over 41 months period. - During second rally from August 1999 till September 2011, price went up by 662.03% over 145 months period. - If we compare the first rally with the second, there was a drop...
🚀 Attention, investors! 🌟 XAUUSD is on fire, breaking barriers with style! 🔥 Here's the scoop: 🔍 XAUUSD Analysis: 📊 Caught in a thrilling showdown between 2360 and 2363. 🤔 Ready for the breakout? 📉 Downside Potential: 📉 Brace for potential sell-offs if it slips below the range! 🎯 Targets: 2353, 2352. 📈 Upside Potential: 📈 Get ready for buying opportunities if...
We could have a possible sell fro AUDCHF. Based on higher TF, the market is reacting to a major level. The daily TF shows an impulse to the downside and is currently reacting to the 0.6 Fib area. On the 4hr TF, there’s break of structures plus a 4hr double top formed at the fib area which could lead to possible sell. Another confluence is the RSI div Let’s see...
#DATAUSDT (Update) Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze DATAUSDT today. DATA is getting good volume & Breakout done in 1D time frame. We can see gain here up to 50%+ profit🚀
FTTUSDT appears to be forming a bearish flag pattern, characterized by a downward-sloping channel following a prior decline. Notably, during the formation of this flag pattern, there has been a lack of divergence, indicating a consistent downward momentum without significant deviation. The retracement from the 50% Fibonacci level further supports this bearish...
i have opinion like this EW and fibo key this momentum to buy and sell
Long Position: When an investor takes a long position, they are buying shares with the expectation that the price will go up. For example, if you buy 100 shares of a company, you are said to be "long" those shares. The goal is to sell them at a higher price in the future and make a profit
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 13 May 2024 BUY LIMIT Order: $2358.02 Stop Loss: $2345.07 Take Profit 1: $2370.72 Take Profit 2: $2387.60 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
#QIUSDT (Update) Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze QIUSDT today. Falling wedge has Already Breakout in 1D time frame. Expecting 73%+ Bullish wave 📈
I'm sorry there's just no way this breaks up from here. It looks too easy I am going to short PEPE also btc weekly close is looking bearish af unless it pumps from now until tomorrow. 45-50k might be on the table
Trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own analysis and consider your risk tolerance before entering any trade.
BABA still struggling despite a wider rally in other tech stocks., 74% confidence. Target is $67.32, S/L would be the previous swing high at around $78/
Decent ROI on this one, having fallen below it's 200 day moving average a cross under my signal line here provides a nice setup for a target around the $52 mark.