BTC/USD has just bounced off a support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could rise to our take profit. Entry: 68,780.38 Why we like it: There is a pullback support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 57,088.62 Why we like it: There is a pullback support level. Take profit:...
Experts believe that the Fed's interest rate direction will be the main factor affecting the direction of gold in the short term. Therefore, the market will continue to listen for information that is expected to have an impact on the Fed's decision. This week, besides employment data, the gold market will wait for the interest rate decision of the European...
Market is likely to move heigher considering positive election results at least in first half Then there may be some profit booking Refrain from doing any trade today Or there is straddle or strangle with strict SL because IV are too high so we can short IV Sell call puts 500 - 600 points away with 20% SL on both sides or total MTM SL. Disclaimer: just for...
AMEX:SPY Update: Pullback might be done! Testing the previous all-time high as support and the 21 SMA holds. Bullish momentum incoming? 🚀📉
USD/JPY is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 156.60 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 157.44 Why we like it: There is a pullback resistance...
GFI 12 % Hot 🔥🛗🔥 Setup #GFI 12 % Hot Setup, Falling Wedge Ai Targets with Signals
looking at the 2w gme #gme NYSE:GME a possible continuation to the upside with key reaction zones
As we anticipate a highly volatile trading session due to the ongoing general election vote counting, here is a detailed trading plan for BANKNIFTY on June 4, 2024. Gap Up Opening: Action: Enter a buying trade if prices open and sustain above 51,400. Targets: Aim for 51,700 – 51,754. Be aware that prices might face resistance above 51,800, with a potential move...
EUR/USD is falling towards a support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.08932 Why we like it: There is a pullback support level which lines up with the 23.6% Fibonacci retracement. Stop loss: 1.08623 Why we like it: There is a pullback support level...
DOGEUSDT is showing signs of forming an Adam and Eve pattern, which could lead to a significant uptrend. Doge accumulation should be consider towards the Buy Back zone as a good area to enter positions. In case of a breakout above the local resistance area on the chart, buying the pullback to this area might offer an opportunity, as it could turn into a massive...
ZILUSDT is currently demonstrating characteristics of a potential descending broadening wedge, with the price oscillating near the lower boundary of the pattern. The immediate trajectory for the price is anticipated to be a rally towards the upper trendline of the structure, testing its strength as a resistance level. We have identified a bullish area of interest...
I will keep my description brief as you can see the key areas of the chart in the photo. Right now price has broken and retested successfully an ascending channel pattern. Price is moving with heavy bearish movement down to a key weekly support zone price area of 1.07300- 1.07100. There is what appears to be a broadening descending channel chart pattern forming...
On the photo you can see all the price levels. Overall USDCAD has been strongly bearish movement but price has a had a short term bullish move. Currently I am seeing a bullish flag forming. Price is coming back to a very strong Weekly and Daily support area. I will be looking for longs at this price Lvl as I believe we might see a reversal in trend. Also we have...
Ethereum (ETH/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 3,715.94 1st Support: ,518.21 1st Resistance: 3,969.63 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 not be suitable for all...
GM, crypto bros. This morning BTC is quite bullish and has finally broken out of the yellow zone area. The stoch RSI has also exited the oversold area, while the fear and greed index remains at greed 73. My personal target price is still 76K, but keep staying safe, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing...
Aussie (AUD/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 0.6669 1st Support: 0.6644 1st Resistance: 0.6713 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 not be suitable...
Stock Market is going down... 2 Year treasury is heading down Nonfarm Payrolls are heading down Unemployment rate is heading up SPY looks like it's topping out NASDAQ:TLT AMEX:TMF