The RSI reading at down the 50 midline level 37 shows increased selling pressure. However, the TAO has now formed a sideway pattern, indicating a physical zone for neutrality. Bulls now demand for a potential breakout from the zone $382 to $402 is much required, any direction above or below this will continue the rally in the same direction. Trade Setup: Enter...
Hello, dear friends! Ripple (XRP) has been forming a massive triangle pattern since 2018, indicating a potential breakout to the upside towards the $2-3 level. This makes holding Ripple in your portfolio particularly relevant. The prolonged consolidation period reflected in Ripple's price chart suggests a significant accumulation of market forces. This triangle...
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price some time ago declined to the support level, which coincided with the buyer zone, after which rebounded and tried to grow but failed and declined to the support line, which is located in the buyer zone. Then ETH in a short time rose to the seller zone and...
This is bit longer term and I took a short to downside using a credit spread. The trapped buyers should have gotten out with some cash or at least breakeven.
i think we can predict falling price in the dynamic resistance zone according to the contex
AUDNZD is making higher high and higher low and making RSI divergence . it may continue its bullish trend.
FX:GBPUSD price fail due to DXY remain extremely bullish, though we thought price would rise up in our 1 hour timeframe and then continue dropping. However, DXY bullishness momentum was extreme and it kept on dropping. We might see some correction where price reaching around price region and then drop from that area. If you like our work then please do like and...
I had AMD on my Anti watchlist but, after it failed to push higher it broke a new low. This caused a bearish imbalance and setup us up for a pullback in the downward direction.
Hello Traders ! After a Huge Bullish Move, The EURCAD Reached a Strong Resistance Level (1.47460 - 1.47800) and Failed To Break it ! At The Moment, The Higher Low is Broken (Change of Character). So, I Predict a Bearish Move📉 -------------- TARGET: 1.46665🎯
OVERALL GAME PLAN I do think that NZDJPY finished the ran towards the upside and that now it is time to go short ANALYSIS IN MY FAVOR * RSI shows weakness for the bulls ANALYSIS AGAINS ME * Against four hour trend
It took a while the overall market was determining its direction last week. These positions including JPM are now starting to play out nicely.
Dear Traders, As DXY remain extremely bullish since a week now, price have dropped heavily, in fact more than any other dxy pairs; and there is strong reason behind for it, GBP was dropping due to only economic sides not favouring it. Now, DXY and GBP have started making few corrections in their respective trends. What we are looking at here is a strong...
The GBP/JPY experienced a notable turnaround at the 200.500 level following reports indicating potential direct intervention by the Bank of Japan (BoJ) in the foreign exchange (FX) markets. This intervention, suspected to have occurred twice within a two-day span earlier this week, aimed to bolster the beleaguered Japanese Yen (JPY). Disclosure reports from the...
Trading Setup: There is a Trading Signal to Sell in Gold XAUUSD m15 Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 2371.6 ⭕️SL@ 2380.2 🔵TP1@ 2348.8 🔵TP2@ 2320.1 🔵TP3@ 2279.6 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading ...
This is a great leveraged silver miner play. I can see this easily doing more than 700% when silver breaks its ATH, which this miner wasn't even around for, so I can say that it can do 1400%. Obviously do your own research, this is NOT financial advice. I also own this miner myself so I put my money where my mouth is...
After a little turbulence, we are now about to hit our target on JPM. The vertical spread I took out is about to pay out a 1:1 and depending on the movement here, I might look to get a 2:1 out of the options.
NASDAQ Trade sent today Over 60+ pips running in profit🔥 Always stick to your trading plan.
Welcome back! Let me know your thoughts in the comments! ** AUDUSD 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...