Notice when bonds decline, yields appreciate? Thats due to the inverse correlation in price action. 115.10 weekly OB was respected this week but price action failed to close below indicating some form of retracement in the cards next week. 112.27 is another weekly OB that i have in mind that the algorithm could reprice down to with bullish yields on upto the...
Last weeks bullish projection played out as expected with the monthly OB and liquidity void being met by the end of this weeks trading. Trend is your friend and although it's not guaranteed we will continue to trend upwards, there's a higher probability that US10Y does rather than not on a weekly timeframe. This does not mean this weeks price action will reprice...
- Trade Strategy: Head and Shoulders Trading - Key Levels: Retest of Right Shoulder at 1.3778 - Profit Potential: Initial target of 50 pips, with potential for further downside Analysis: - Trade Strategy: Shorting Opportunity with Head and Shoulders Setup - Key Levels: Looking for a retest of the right shoulder at 1.3778 or neckline - Profit...
- Trade Strategy: Support and Resistance Trading - Key Levels: Resistance at 192.75, Support at 190.37 - Profit Potential: 238 pips (~2,380 USD/lot) Analysis: - Trade Strategy: Sideways Bounce Trading - Key Levels: Identified resistance at 192.75 and support at 190.37 - Profit Potential: Significant profit potential of 238 pips (~2,380 USD/lot)...
- Market Sentiment: Bullish Bias - Weekly Chart Analysis: Violation of Recent Resistance Indicates Strength - Trade Plan: Buying Opportunities Favored over Shorting Analysis: - Market Sentiment: Maintains Bullish Bias on US Dollar, despite market volatility - Weekly Chart Analysis: Notable violation of recent resistance level on the USDJPY Weekly...
It should know that when the price of ETHBTC is on a downtrend, this generally signifies that Ethereum is weaker than Bitcoin(especially when Ethereum and Bitcoin are both Bearish). If ETHBTC is bullish, like the above chart, it signifies that Ethereum is stronger than that of Bitcoin. How does this chart affect the price of Bitcoin and Ethereum? It simply...
This week I have a eye on 80.50 for price to reach. We have closed in the weekly fvg and now lying within a Daily FVG and Daily V.i The Daily V.i is important to reference as Monday we can trade higher into this.
The immediate resistance to break is 12.5 to $13 If price fails to get above $12 then we will consider it as DEVIATION at range high The next level of support would be the range quarter , around 10.80 to 10.40 Look only for LONG if this level hold
Price tagged and got rejected at .618 Fibonacci level Acceptance below 4.50 and back inside the range then we'll consider it as DEVIATION If you'd wish to position yourself, wait for the price to retest the demand zone around 3.60 to 3.50 area
⚠Bitcoin is currently trading in a wide horizontal range on a daily chart. Depending on whether there is a breakout to the upside or downside, I see two potential outcomes. In a bullish scenario, if the price breaks and closes above the all-time high resistance level of 73,670 on a daily chart, I anticipate a bullish movement to at least the 82,000 level. In a...
On Friday, during the European trading session, WTI crude oil prices fell slightly. WTI crude oil futures experienced modest gains during the Asian session after Israel attacked Iran, initially surging 3% but later giving up most of those gains. The escalation briefly raised concerns about potential supply disruptions, but those concerns faded as the situation...
The odds of another green month decrease with each passing month. The longer we go on without a significant correction, the worse I fear the pullback will be. We typically we get a scare shortly before/after the halving. Be prepared for such a scenario playing out again.
Good morning and good luck to you. Here is my trading plan based on: - support & resistance based on liqidation levels - fib - my exclusive order blocks I can't predict price movements, but I'm learning think like a market maker. In this case, I assume that money-volumes are more important than indicators, patterns and other levels. The goal of MM is to remove...
Nifty fell like a hot knife going through butter slab reacting to Iran Israel news. There was some respite today as Nifty has takena support at 21777 and bounced back to close the week at 22147 staging a remarkable recovery. 21777 will remain a critical support to watch for reminder of the month. In case this support is not held further supports will be only...
** warning - tiny market cap ** On the above 3-day chart price action has corrected 90% since June of last year. Astonishingly sellers have returned price action back to support. Is now a good time to go long? 1) Oscillators prints bullish divergence with price action. As a matter of fact more oscillators print positive divergence than the previous time price...
XETR:ENA dropped significantly by almost 47% from its local high If we can hold .94 to .90 here (green box) , more likely will retest 1.14 to 1.20 (.618 Fibonacci level) Any strong rejection at this level is a SHORT opportunity targeting .70 area Final target: .54 to .50 (if it gives)
If CRYPTOCAP:BTC can shoot up to 68k level, I believe we can see CRYPTOCAP:JTO tapping 3.80 to $4 (previous range) However, it wouldn't be that easy to break this level in one go so I'm expecting a rejection at this level The safest level to max bid is around $3 to 2.80 (demand zone)
GBPAUD give breakout of LH , also bullish divergence occur indicate that buyers are in control. We can attempt to buy by placing buy stop. SL , TP mention in chart