Hello traders, 🟢NOTCOIN has developed a descending triangle pattern on the 4-hour chart. The neckline of the pattern is defined by a strong horizontal support level. On Friday, the price broke below this level and closed below it. I anticipate that the market will soon trend lower. Targets for this movement are set at 0.01588 and 0.01293.
FFIE had an explosive move from about 0.50 to 4.00 before retracing down to the 1.10 range where it got support from the 0.786 Fibonacci level. That is to say it retraced beyond the typical 0.5 to 0.618 levels. The question now is can it move higher and will buyers pile into the stock at this relative discount. I think that they will. As a result, FFIE could...
Hi everyone, Opened BTC UP position at 69100 price with 10x leverage on Fybit trading platform. Target at 72000, Stop loss at 65900. Position was opened on 4-hour timeframe. After rising to 72k Bitcoin price declined below 67k and after some consolidation started to rise again. On 4-hour timeframe on the chart higher lows formed which is signaling about...
GBPUSD turned very bearish after a release of US fundamentals on Friday. The price formed a double top formation on a daily and violated its neckline. I think that the fall may continue next week. Next support - 1.27 ❤️Please, support my work with like, thank you!❤️
Expectations has been shifted and now the bulls has taken charge! Expecting 4.457% to be met this week!
Picking the low hanging fruit, aiming for $2,277 which is the daily sellside where there's more chance for pain to brew once attacked
Nifty is nearing the Channel top again, Can it break the glass ceiling is the question the current top of the channel remains somewhere between 23303 to 23422. If we get a closing above 23422 the floodgates / glass ceiling towards new Nifty highs will be broken. The door towards new record highs of 23772 or even 24369 will be open. In case Nifty is not able to...
EURAUD formed a huge inverted head and shoulders pattern on a daily time frame. With the release of the yesterday's fundamentals, the price bounced and violated the neckline of the pattern. Growth may continue next week. Next resistance - 1.6475 ❤️Please, support my work with like, thank you!❤️
I would like to see more data before attacking sellside but with dollar shooting to the upside and FX pairs following with stick index pairs lagging, I'm betting ES, NQ, & YM will catch up.
Expect a complacency bounce around 8.20 to $8 (50% of the wick) , but if it fails to break 9.50 then we might raid the lows 7.50 (EQL) A deviation is also plausible, I would personally max long at 6.60 to $6 if we get here Failure to reclaim the range, then we'll consider the lower entry around $4 to 3.5
All eyes on dollar as if we see a continuation of what we witnessed on friday, a gigantic bullish candle, we might see the opposite play out with GBPUSD
WTI Crude Oil is testing a recently broken horizontal support. After a violation, it turned into a potentially strong resistance. Approaching the underlined area, the price formed a head and shoulders pattern on an hourly time frame. A breakout of its horizontal neckline is a strong intraday bearish confirmation for us. We can expect a bearish continuation...
Bitcoin is currently trading in an upward trend within a parallel channel, and it is currently testing a significant resistance level near its all-time high. Given the overall positive trend, there is a strong likelihood that the market will surpass this resistance and reach a new high. If the daily candle closes above this level, it will confirm the breakout....
Hi all, This time I present my big BTC short position I already jumped into at 70800 BTCUSD price after taking short liquidity on 4th of June. This is multi-day/week SWING position entry! Risk - Reward ratio is around 1:4. If the price continue upwards, I will be adding to this position around 71500 and after sweeping 72k Stop loss for this trade is...
Last week marked some of the most unclear price action we've seen. Starting on Tuesday, sellers gradually took control from buyers, but most of the action occurred during extended hours (meaning on VERY low volume). On Friday, sellers finally acted during regular trading hours and attacked the market right from the open. However, it seems buyers were only...
Demand Zone 4h. Liquidity sweep already. Confluences with golden pocket on Fib levels. Breaking this level will break previous low. Can be reached at discord.gg
IT Index has given a proper closing above both 50 and 200 days EMA (Mother and Father Line) at 34023. It was threatening to do so since few days. All it needs to do for confirming upside is a proper bullish candle tomorrow and closing above important resistance levels of 34269 and 34632. If this happens the next levels of resistance for IT index will be 35337,...
Reasons for bullish bias: - Price bounced from support - Strong weekly bullish candle closing at Support - Bullish divergence Entry Level(CMP): 92.85 Stop Loss Level: 87.79 Take Profit Level 1: 97.91 Take Profit Level 2: 104.59 Take Profit Level 3: Open