Dear traders, I am Conan! Today, I want to share with you an extremely exciting update on medium and long-term gold. Overall, Gold is currently at a historic peak and all signs indicate that prices will continue to explode in the coming years. As you can see On the chart, we can see a strong developing cup and handle pattern on the monthly timeframe. This is a...
Hello everyone, let's recap the gold market over the past week together! This past week hasn't been particularly favorable for gold. The precious metal is currently closing at $2,327 per ounce, remaining in a short-term downtrend. The trading level has seen little change since its last session at $2,365 per ounce. In the short to medium term, adjustments are...
There is almost no doubt that Bitcoin will continue in the bull market in 2024/2025. After the ETF approval, Bitcoin is going up as institutional investors gain confidence in this type of investment. But what all people want to know is when to sell Bitcoin and prepare for the next bear market. Bitcoin's bear markets are very devastating, and the usual correction...
Bitcoin is preparing for a pretty significant crash (in June). Why do I think so? We need to look at the previous price action because in May, Bitcoin pumped by 25%. If we take a look at May's price action, we can see that the uptrend created a FVGAP at 62k, and these gaps tend to be filled sooner rather than later. This is, of course, not the only reason why I am...
Hello dear friends! That's the end of another trading week! Let's recap the markets from last week and discuss our new plan for next week, shall we? On the previous 1D timeframe we saw the trend change and the market quickly tested the 1.0900 high. But! Unfortunately in the uptrend it is in a consolidation correction above the downtrend resistance level....
Dear traders! We saw confirmation with the bullish sinking candle, getting support at 1.0830 with confluence from the 34.89 EMA. Therefore, the EU outlook remains very bullish and it is likely that based on our analysis, it continues its upward momentum towards the 1.0880 resistance and shakes open a bullish buy scenario towards the resistance level of the range...
During this weekend's trading session, the gold market received the personal consumption expenditure index (PCE) report, one of the most important data of the week. Although inflation increased as expected, increasing the possibility that the US Federal Reserve (Fed) will lower interest rates this year, gold prices continue to decline. Gold prices' retreat after...
Previously, the price formed an inverse Head & Shoulders pattern and broke the neckline to the upside. Now, it is consolidating in a bull pennant pattern, indicating a high probability of further upward movement. If the price breaks the resistance zone, reaching 80k is likely. Currently, attention is on the DXY and S&P500. If the DXY continues to decline, a new...
Floki had a nice cool-off, and it could be ready to bounce back harder! If you're looking to trade FLOKI at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.000268$ and take profits at the levels shown in the chart. Targets: 1. 0.000279$ 2. 0.0002315$ 3. 0.00034$ 4. 0.0004$...
Dear traders! Gold prices are consolidating the previous recovery in a downtrend but remain limited in a narrow range near $2,350. Accordingly, News is ahead, we are waiting for the highly anticipated US Core Personal Consumption Expenditures Price Index, the Federal Reserve's preferred inflation measure, for momentum new directional force. You need to understand...
Nice surprise today! I shorted at bell ring but not holding it. Closed after hours. For the swingers, you're dead already. For the noobs, you're wrong. For the intraday warriors, it doesn't matter, you'll make money no matter what. Competitive markets (BIG MARKETS) hunt liquidity. Breakouts from ascending channels retest. That means your ludicrous stop loss and...
I like this setup on a low risk sale at 10920-50… see if it plays out.
If it closes like this on a weekly basis, it doesn't give us much special data, it has very good support on a daily basis, 67254 and 66256, these two are very important daily support for Bitcoin, in my opinion, we are suffering now in the box, so I don't know if it is better to go up or down, but when The volume is decreasing, which means that the people are not...
#PEOPLEUSDT (UPDATE) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about PEOPLE PEOPLE is breaking the bullish pennant with good volume. We can see gain here upto 50%+ soon.
EURGBP broke LH it can bigger reversal . AS it has divergence and trendline broke Seasonals are also bullish
EURUSD Bullish Boomerang Trend Continuation Entry looking for trend to continue
Bitcoin (BTCUSD) is technically about to complete the Right Shoulder of the Inverse Head and Shoulders pattern (IH&S) that followed the All Time High (ATH) of March 14. The driving vessel behind it is a (dotted) Channel Up whose Bullish Leg peaked at +19.50% and its two Bearish Legs so far have been around -8.00%. As you may realize, there is a high degree of...
The two potential bullish and bearish options for the week ahead I wouldn't trade till we reach one of these two areas