Hey ya'll, The chart above highlights Amazon ( NASDAQ:AMZN ) on the daily timeframe. I've added #thestrat indicator, MACD, and RSI indicators. I've marked the Fibonacci price points from low (Aug 28) to high (Sep 24). Normally, I would've gotten in at the 0.618 fib retracement ($179.02) or the 0.5 fib ($182.15) but I would still take a 3+ week out options...
BTCUSD sell analysis running 160 pips profit now 1:2 RR following MM AND RM
TURBOUSDT has retraced to a previous support level following a failed pennant pattern breakout. However, the recent price action shows a strong attempt to break out again, supported by increasing volume. If TURBO successfully breaks above the pennant, we can expect a significant upward movement. Keep an eye on key levels for entry and potential targets as momentum...
Here is one more breakout that I spotted today: CADJPY broke through an important horizontal resistance and closed above it, indicating potential for further bullish movement. The next resistance level to watch for is at 111.05.
I'm focusing on 2H time frame for gold. Now we are looking both side opportunity. Our analysis is based on support and resistance and price action, but in my opinion I'm strongly focus on buy opportunity because market trend was strongly bullish. Always put stoploss for your trade. Divide proper lot sizing.according to the capital.
Our focus is now on a bearish trend in 2H time frame, where we will use the Drop Base Drop (DBD) strategy to execute a sell trade. This strategy aims to understand price action patterns that indicate strong selling opportunities. The first phase involves a significant price decline. When the price drops, it indicates selling pressure in the market. During this...
NQ reached into Weekly BISI last week then had a strong expansion up for NFP. Looking for price action to continue be bullish. There is a lot of liquidity below current price action but daily structure remains bullish.
GBPUSD: The GBP/USD pair is posting modest gains near 1.3130, breaking a three-day losing streak in the early Asian session on Monday. However, the major pair's gains may be limited amid the Federal Reserve's interest rate cut bets following positive US Non-Farm Payrolls (NFP) data on Friday. The Fed cut its rate cut cycle by 50 basis points (bps) in...
NZD/CAD is rising towards the resistance level which is an overlap resistance and could reverse from this level to our take profit. Entry: 0.84210 Why we like it: There is an overlap resistance level. Stop loss: 0.84707 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement. Take profit: 0.83229 Why we like...
Week of CPI, with CPI falling on Thursday. Would like to see DXY make its way to the Weekly SIBI above current price action. Last week closed very bullish after displacing away from the yearly open.
Trend Analysis: The pair is showing signs of a potential bullish reversal. The price has recently bounced off a strong support level at 1.5996 and is forming higher lows, indicating a possible uptrend1. Moving Averages: MA5: 1.6170 (Buy) MA10: 1.6155 (Buy) MA20: 1.6130 (Buy) MA50: 1.6100 (Buy) MA100: 1.6050 (Buy) MA200: 1.6000 (Buy)2 Technical Indicators: RSI...
In the beginning of last week, OANDA:XAUUSD increased from 2,624 USD/oz to 2,672 USD/oz due to escalating geopolitical tensions in the Middle East. Immediately afterwards, international gold prices dropped to close to 2,631 USD/oz after US non-agricultural employment figures for September were announced at 254,000 jobs, much higher than the forecast of 147,000...
The world XAU price fluctuated slightly due to the impact of the US employment report and the tension in the Middle East. It is expected that the gold price will continue to fluctuate slightly next week, influenced by economic and political factors.
Weekly: Bullish if closes avobe 192.000 Daily: Bullish 4h: (Last bearish candle broke previous low. However it is coming back as if creating a fake out. Area of interest Psych level 192.000
This is one of my favorite pairs in this week! In this video I have covered a lot! Let's Learn and Earn together!
Trend Analysis: The pair is showing signs of a potential bullish reversal. The price has recently bounced off a strong support level and is forming higher lows, indicating a possible uptrend2. Moving Averages: MA5: 1.7908 (Buy) MA10: 1.7912 (Buy) MA20: 1.7929 (Buy) MA50: 1.7972 (Buy) MA100: 1.8005 (Buy) MA200: 1.7997 (Buy)1 Technical Indicators: RSI (14): 63.239...
Weekly: Double bottom and recent break of structure confirming bullish pattern. Sharp rejection from psychologic level 0.84000 Daily: Bullish. Break out from range after consolidating for 42 days. 4h: Bullish: Expecting retest from range at around 0.85000 - 0.85250 area. I will be waiting for reaction in this area to enter the position. I expect a big move,...