📈 I’m still pretty optimistic about gold breaking its ATH as I don’t see any de-escalation happening soon. With oil prices pumping nearly 10%, this setup looks very promising💰. ⚠️ But again, as I tell you every day, minimizing your risk is crucial in these scenarios. Any fundamental news can change the market narrative in seconds, so be-careful and happy trading.
We need to recognize that we're currently at a range high premium. Bullish entries from these elevated levels typically have a lower probability of success compared to entries from discount lows. Therefore, we need to be cautious and strategic in this price environment. For me, the 57477.00 low is the last bullish low I'm willing to consider. If the price fails to...
Yello, Paradisers! Are you ready for what could be a huge move on #BAL? Let's discuss the latest analysis of #Balancer to see what's happening: 💎#BALUSDT is currently showing strong signs of a bullish continuation, holding steady at the critical support level around $1.76. We’ve been closely tracking Balancer’s journey within a Descending Broadening Wedge...
Hello, Friends! USD/CHF pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.839 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
HK has had a strong rebound. I hope traders are enjoying the profit or dividend payouts. However, the November month usually comes with bare movements (check the last 2-3 years). A retracement is also needed from the long downtrend breakout. Wait for your retracement confluences to enter. I suggest you take partial profit and add a sell position @22 600 and TP...
The swing structure is bullish and aligned with the 4H INT structure. - Maybe the 4H INT pullback is over and the price now will take out the 4H weak swing high. - We can short to play the continuation of the swing pullback phase. - Or we can wait for the INT structure to shift bullish and play the new swing leg. 15M:
EURAUD H1 123. Victor Horizontal Support/Resistance, Diagonal Support/Resistance
PAEL shows a rising trendline (black), which indicates a long-term support level. The price is currently testing this trendline, and the 50-day moving average (green) is slightly above the price, suggesting short-term weakness. The 200-day moving average (red) is far below, showing the longer-term trend is still upward. The stock closed at 24.42, down 4.24%, with...
Intraday Update: Crude is testing some key resistance which is previous support from June. A break higher would put the descending trend line at $74.20 in play.
Calls Over $264 Target $267.48, $271.35, $276.60 Puts under $248.53 Target $246.19, $243, $238.83
IDX:PEVE - VCP 13-09-2024 1. Low risk entry point 2. Cheat buy on pivot point 3. Volume dries up 4. Price above MA 50 and 200 5. VCP characteristic
The DAX is showing signs of losing momentum after three consecutive bullish days, despite making new highs. Technically, it’s time for a healthy retracement towards the 19,100 zone to provide a solid base for continued bullish action. I plan to take advantage of the pullback, profiting from the downside move. If the price spikes and hits the stop loss, I will...
Hi there, BTC is making lower highs, continuing a bearish trend. I made this simple SND setup where the price needs to break below the range of 61,370.41 - 60,981.62 in order to drop towards support at 57,707.62. If it breaks the support line then the price might be attracted to reach demand zone. Monitoring will be required. Happy Trading, K.
Hello, Friends! It makes sense for us to go short on USD/CAD right now from the resistance line above with the target of 1.374 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
As of October 2024, Bitcoin appears to be entering a period of heightened bearish pressure, with USDT (Tether) market cap dominance signaling significant shifts in investor sentiment and risk management across the cryptocurrency markets. The USDT.D (USDT dominance) chart reflects market behavior that points towards reduced confidence in speculative assets such as...
we could wait for the candle to touch the FVG or above the resistance line and enter. or we could go for now would take profit at 42065 Target 42125 Target 42175 and last at 42217
My Estimates for BTC this upcoming cycle. October is gonna take a bit of time to see upwards momentum. We have about 1-2 weeks before markets rip. (October 15-21st). Could start early as next week. (October 10th) It takes around 200 days from last election cycle's October 1st to reach 1st peak in mid April 2021 in the cycle. 2nd peak (Full cycle peak) was 405...