📈 Bitcoin's Parabolic Move: After the previous analysis, Bitcoin entered a liquidity zone, starting a parabolic movement from $36,647 in the 4-hour timeframe. Breaking through the $38,305 resistance triggered a chain reaction of short position liquidations, accelerating past $40,000 and peaking around $42,000. 🔥 Volume and Candle Confirmation: The 4-hour trend...
Last week we had Gold XAUUSD as our chart of the day and it ended up surpassing all expectations past the 161% extension above the 2060 level and even to new all time highs. However, that rally was short lived after the open as all short stops have been done (executed). Now, the risk is the gold market has completed an Ab=CD equal leg move and the risk is a close...
divergence at both stochastic and RSI + bearish candle with wicks and gold reach the maximum point ever so bearish movement is expected with profit taken from traders .
Ripple has formed another pattern for us to take advantage of! My previous analysis showed a bear channel followed by what looked to be a forming double bottom. Now we have an ascending channel that appears to be putting in a second higher high. How do we trade this? We have most of the pieces we need to long with one crucial exception; the bull confirmation...
Opening Rush Takes out Sellers and creates new all time High Quick Pullback has traders Sceptical of Direction Weak Liquidation attempt adds more early buyers to the pool Next move is a Structural attempt to break most recent consolidation high ( a failed attempt at the FVG or structural high signifies another liquidation attempt) Possible...
Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Are we there yet? Are we THERE YET? Now? How about NOW ?? We can't help it - towards the end of a bearish cycle,...
NQ took Asia session low ad reversed nicely forming 5M Unicorn breaker as well as 15M Unicorn breaker. Both timeframe breakers align with FVGs. Target - Weekly opening gap. Going for 1:2 RR
NZDCHF is taking off from a key horizontal demand zone. As a confirmation, the price formed a tiny double bottom on that on an hourly time frame. We may anticipate growth now. Goals: 0.5428 / 0.546 ❤️Please, support my work with like, thank you!❤️
🟢 US100 (NASDAQ) BUY LIMIT At : 15926 🟢Tp 1: 16070 🟢Tp 2: 16300 ❌Stop lose : 15900 STOPE JUST 26 PIPS
The Month of May is days away from closing. A ‘shooting star’ candle is printing. Price action must climb up and over 2020 to prevent this candle from printing. Should it close as is then price action will correct 20% to 1550, for starters. This is not the bull market gold dealers are advertising (remember they are pulling it out the ground for 800 an ounce). And...
I see an interesting reversal play to the upside on NZDCHF. This is a pure technicals play to trade the breakout on this week's session open. Price fails to push to new highs and signal the start of a potential downtrend. The massive selloff doesn't push price to new lows so we have a support formation. Moving average crossover is an early signal that...
Reversal opportunity here BUY OR LONG Broadening Bottom Pattern Ride the wave up
EURUSD made contact with the resistance zone, as predicted from last week's analysis. We're now faced with a decision to short or wait on the sidelines for more price action. How do we trade this? 🤔 The conditions at this moment make it reasonable to short , but there is a caveat! It's very possible the price pulls back a bit to the resistance zone for another...
Keeping everything short Aussie Dollar is at two levels of resistance on minor structure. On major structure price is at a level of resistance, The Red Monthly TL. I am watching two levels above and below price. The above level is the High made on Wednesday. The below level is an 1H Imbalance. I have alerts on these two areas with a break above/below followed by a...
Gold is sitting within a very nice bullish range after an expansion on Friday we're expecting this to pull back to some degree but overall we're looking for more long momentum heading into this week nothing too much to say about gold as it's a very simple trending move.
British pound to the US Dollar being our first pair of this week very clear bias for us with higher targets we are within a new bullish range we're looking for a swing high to form so we can confirm our high overall we are looking for longs out of this heading for new highs.
Despite GBPUSD showcasing a bullish trend, I'm eyeing a shorting opportunity on this pair. The daily chart signals the completion of a Bearish Bat Pattern, yet a direct engagement at this level poses considerable risk. To mitigate this, my strategy involves patience, awaiting a market retest on the 1-hourly chart. Coincidentally, this timeframe also displays a...
DENTUSDT is currently encountering a significant resistance level, suggesting a potential short opportunity. Traders may consider the historical significance of this level and monitor for any signs of a reversal or rejection. Additionally, incorporating technical indicators and analyzing market sentiment could provide further insights to strengthen the short...