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...
Welcome to our financial bulletin! Once again, the cryptocurrency market has become the center of attention with the emergence of a staggering net inflow in the Bitcoin ETF sector. The inception of a Bitcoin ETF has provided a positive shock to investors. Over the past weekend, a net flow of $49 million USD was recorded, prompting the entire market to pause and...
Don't wish it was EASY, Wish that you had more SKILLS. This is the Euro Pound forming what is well known as a perfect AB=CD in Harmonics strategy, which is a very good sign for a reversal. Price testing the Support Zone as in the previous. There has been a good rejection from the zone which adds more confluence for a reversal. As well, price has broken the...
The Loonie (USD/CAD) has bounced off the pivot and could potentially rise to the 1st resistance level which is a pullback resistance. Pivot: 1.3661 1st Support: 1.3615 1st Resistance: 1.3723 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may...
SOL/USD is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 175.23 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 188.78 Why we like it: There is a pullback...
Dear Traders, OANDA:XAUUSD we have updated our views on gold, in our opinion price is likely to continue the bullish momentum from this moment onwards, next possible targets are 2390$ and 2450$. However, if current strong resistance upholds then price can drop 2290$ or 2280$ region can be strong opportunity where buyers can strongly rebound. **If you like...
After returning to a level unseen since November 2019, the Volatility S&P 500 Index (VIX) soared nearly 30% within a matter of seven days. In the process, it broke above the resistance indicated by the lower bound of the fan pattern that we have been observing since late December 2023. On top of that, yesterday, VIX formed an opening gap, and today another one. ...
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...
The NZDJPY pair is trading on the 4th straight green 1W candle and is approaching the top (Higher Highs trend-line) of the Channel Up pattern that started on November 2020. Even though it may extend to a +9.30% rise (the smallest long-term it had within the pattern), selling now offers excellent Risk/ Reward conditions. Our target is 92.000 (Higher Lows...
I am looking for a EURUSD Boomerang reversal from this level or maybe tomorrow we able to get filled daily time frame might take a long to reach tp1 and maybe we don't get filled but if get then it will work.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.9086, which is a pullback resistance close to the 50% Fibo retracement. Our take profit will be at 0.9027, a swing-low support level. The stop loss will be placed at 0.9153, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
OKAYTAOKSYA PALKUYA so bos... price be feelin a lil devious -- so like itll take that pink fella out YA so like we guilt trip prioce into entertaining him and to keep him company
AUD/USD is rising towards a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.6643 Why we like it: There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6677 Why we like it: There is a pullback...
Preferred direction: SELL Comment: The situation with the New Zealand dollar, as well as with the Australian dollar, forces us to freeze all purchases for now and consider more sales. We are targeting the support level of 0.60713 , which is where the approach is likely to come in the near future. A more likely setup is a maximum drop from current prices,...
NYSE:GME 27 AFTER EARNINGS !! Improved Net Income and Turnaround Efforts: GameStop turned a net profit in 2023 for the first time since 2017, indicating a significant improvement in its financial performance. The company's ability to continue generating a net profit and restoring positive free cash flow is crucial for its turnaround and could boost...
If you look at the trading volume of pepe and market cap a x10 is very likely at a cap of 17billion $, (Currently 1.7 billion $) lets see where our lord and savior pepe is going to take us. if it reaches a market cap of 40 billion ill run naked in the streets.
Nice surprise today! I shorted at bell ring but not holding it. Closed after hours. For the swingers, you're dead already. For the noobs, you're wrong. For the intraday warriors, it doesn't matter, you'll make money no matter what. Competitive markets (BIG MARKETS) hunt liquidity. Breakouts from ascending channels retest. That means your ludicrous stop loss and...
If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.0000271$ and take profits at the levels shown in the chart. Targets: 1. 0.0000279$ 2. 0.0000293$ 3. 0.0000305$ ------------------------------------------- About our trades: Our success rate is notably high,...