Greetings, fellow traders! Today, I want to share a tactical short trade setup for Bitcoin that I’m considering, based on the current dynamics in the 30-minute chart. As always, remember this isn't financial advice (NFA). Trade Context Given the heightened volatility we’ve been seeing on the 30-minute timeframe, the price movements are swift and sizable, which...
the Bank of England’s (BoE) Monetary Policy Committee maintained the interest rate at 5.25%, the highest in 16 years. Economists polled by Reuters mostly expected borrowing costs to remain unchanged, with a committee vote ratio of 8 to 1. However, the vote was 7 to 2. During discussions, two committee members supported a rate cut to 5.0%, which market...
EURUSD is falling toward the pivot and could potentially bounce off a pullback support that aligns the 61.8% Fibonacci retracement and rise toward the multi-swing high resistance Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 1.0747 Support: 1.0718 Resistance: 1.0793 Risk Warning: Trading...
IN 5 D CHART TON consolidating a CONTINUATION V BOTTOM pattern.. all details u need in the chart ...check it well appreciating for supporting us with "like" and hit "follow" for more ideas and updates🎯
Cadastral tensions have boosted gold prices This weekend, americaA Consumer Price Index (CPI), Producer Price Index (PPI) and Retail Sales may be launched and might supply a few guidelines approximately the financial outlook and inflation trajectory. broadcast. Senior FED officers have given statistics that slicing hobby quotes in 2024 is appropriate, bringing up...
Cadastral tensions have boosted XAU prices This weekend, the US Consumer Price Index (CPI), Producer Price Index (PPI) and Retail Sales will be released and may give some hints about the economic outlook and inflation trajectory. broadcast. Senior FED officials have given information that cutting interest rates in 2024 is appropriate, citing inflation still rising...
Hey guys! Analyzing past movements, we can see price used to move inside a downwards channel until it broke out from it. But not only that, it broke out and pierced through the Ichimoku Cloud in the weekly timeframe which is huge! So here's some plan: 1) Condition: -price must breakout from 0.58 towards the upside. After that, it should re-test the zone to give...
For USD, the weekend before May 10, the SBV announced the central exchange rate of 24,271 VND, an increase of 6 VND compared to the previously listed rate, the reference exchange rate at the SBV Exchange was at 23,400 - 25,450 VND. . Buying prices at commercial banks currently fluctuate between 25,120 - 25,225 VND while selling prices reach 25,484 VND. On the...
the USDCAD currency pair is presenting a selling opportunity at the price level of 1.37251. This means traders might consider initiating a sell position at this price point. To optimize potential gains and manage risk effectively, traders could set multiple take profit targets. These targets are identified at 1.37000, 1.36600, and 1.36400 respectively, indicating...
Throughout the past week, EUR/USD exhibited mixed dynamics, primarily driven by expectations concerning potential interest rate cuts by the US Federal Reserve (Fed) and the European Central Bank (ECB). Statements by officials from both central banks, as well as economic macro-statistics, either heightened or lowered these expectations. CB Chief Economist Philip...
Hey guys! Well, first of all you don't want to miss this chance! Here's my price action analysis for this coin: We have a very strong upwards trendline that has been respected and bounced off from for 7 months. That's a huge hint to prove is a key area! It has been faked out twice and everytime it bounced off from it, came back stronger than ever. Last...
World gold prices last week mainly maintained a recovery trend. At the beginning of the trading week, precious metal prices were listed above 2,300 USD/ounce and spent most of the trading week in the range of 2,310-2,330 USD/ounce. During the trading session on May 10, the world gold price at one point recovered to 2,375 USD/ounce. However, the upward momentum...
World gold price (XAU/USD) increased nearly 1.5% at one point last weekend, reaching a high of $2,378 before closing at $2,360. This is the second consecutive rising session since the previous sideway period. This precious metal broke out strongly in the context of geopolitical tensions showing signs of escalating in Gaza when peace negotiations between Hamas and...
TATAMOTORS might establish a fresh peak provided there's ample volume to breach the highlighted resistance zone. Therefore, it's prudent to monitor this level closely for either a breakout or confirmation of a reversal, which will determine the stock's future trajectory. A decisive breach of the resistance could propel it to a new high, potentially surpassing...
World gold prices tend to increase with spot gold increasing by 3.2 USD compared to last week's closing level to 3,362.9 USD/ounce. Last week, the yellow metal posted modest gains as expectations that the US Federal Reserve (Fed) would loosen policy this year increased following weak economic data. Experts say that next week is an important time to decide whether...
The dollar steadied on Friday after losing ground in the previous session on weak jobs data, while sterling edged up following stronger-than-expected growth figures. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was trading just higher at 105.115. The USD is on track for small gains this week The...
SBI punches its best performance, stands still, holds, but broader indices close red once again. Economic data comes mixed, and markets are not going to focus for some time on this. PSU Banks on the 14 year supply line, not all of them but many of them. Weaker spots continue on heavy weights like HDFC, no where to go! roam around. SBI lone warrior, along with...
Using the BBMA Strategy by OA, a Re-Entry Short in 4H time frame appeared and using a multi- time frame analysis , I'm now waiting for a confirmation in TF 2 and TF 3 ( 15m Entry ). 4H - Re-Entry 1H- 50 EMA Rejection + Extreme Sell 15m- wait for CSAK + Retest in MAHILO min 15m Note: * Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines)...