support and resistance... may the trend be our friend!
Esteemed Members, We anticipate the possibility of silver reaching $50 by the conclusion of 2024, marking a substantial increase of approximately 75%. To delve deeper into the analysis supporting this forecast, kindly refer to the accompanying video below. Wishing you all safety until we meet again. Please remember, the information provided is not intended as...
The Dramatic Showdown: CCAP Bulls Unleashed! Will the Bears Survive the Onslaught? Picture this: CCAP, the star of our daily drama, still dances below the menacing red line. Enter Chikou span, the hero of our story, soaring through the sky like a superhero ready to save the day with a 15% uptrend twist. And oh, the Price ATR and Volume ATR? They're in the...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3649 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.3707 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
Greetings Traders, I wish to update you on my stance regarding BTC. Kindly refer to the attached video for insights into my current perspective on BTC and my forthcoming price projection. Please be reminded that trading crypto carries inherent risks, and this information does not constitute financial advice. Best regards, Lord Medz
I mentioned in the previous video that we might see a drop in the price of Ethereum as the ETH/BTC pair breaks lower due to liquidity being drawn to Bitcoin. We have observed a relief rally towards the 20 EMA, following the breakdown of the ETH/BTC pair, while still respecting the 20 EMA. Based on the previous cycle in 2019, we saw something similar as ETH/BTC...
Could this be the price level for BTC next bull run? Based on what the market is showing, we could proberbly see the next bull run from current price level. The market is currently reacting to the 0.618 Fib level. Let's see how this will play out. Feel free to share your views
BTT USDT SPOT SIGNAL BUY NOW Green lines to buy Red line to save profits
In this week's XAUUD analysis video, we delve into the recent surge in Gold prices amidst economic uncertainties in the United States. The previous week witnessed a notable uptick in Gold prices amidst the struggle of the US treasury to gain traction. Additionally, the University of Michigan survey revealed a pessimistic sentiment among Americans, with Consumer...
Buyers return to the S&P 500 and Friday's market action. The challenge now will be the expectation of follow through to the upside on Monday. Friday's price action implies that Thursday and Friday's market movement was buyers selling to take profits.
The AUDCAD has been in a strong bullish trend as evident on the daily time frame. We are looking for a trend continuation opportunity if price action plays out as described in the video. Throughout the video we discuss the trend, price action, market structure and other important aspects of technical analysis, and we look at a potential trade idea. Remember,...
Does the selling action on Thursdays S&P 500 indicate that new sellers are entering the market or are buyers selling to take profits? Friday's price action will give us additional clues about who's in control as we go into the weekend.
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6076 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6025 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is...
The DJIA (US30) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 39,598.96 which is a pullback support. Stop loss is at 39,250.00 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level. Take profit is at 40,045.66 which is a pullback resistance at the...
On the daily timeframe, the NZDCHF has displayed a strong bullish trend. Our focus is currently on identifying a buying opportunity that aligns with the continuation of this trend. Assuming price action unfolds as analyzed in the video, we anticipate favorable trading conditions. The video covers critical aspects such as trend analysis, price action insights,...
My research continues to support more Bullish trending for the SPY and other US major indexes. I keep seeing others propose a market crash scenario - week after week... after week. I certainly hope you were not following their suggestions too closely - because the SPY has rallied more than 7% from the recent lows. That's a lot of losses piling up for anyone...
This could be a short or long term play - but definitely expecting a quick move to 158 before building more liquidity for the teal breakout Happy Trading :) - TraderDaddyOG
In this video I go over my recent thoughts, ideas and reasoning for the Wheat and Corn markets. We question the narrative about the recent rallying and try to be as data dependent as possible by keeping up with news and data and some critical thinking. I hope you enjoy and stay tuned for more! CBOT:ZW1! CBOT:ZC1!