FX:XAUUSD has been updating the local minimum since the opening of the session and confirms the bearish nature of the market. The price is heading towards the area of interest and liquidity before a possible decline Today the focus is on the news: S&P PMI, ISM. Traders are expecting relatively warm data, but, at the moment, everything revolves around the...
In the previous analysis we identified a bearish triangle for BTC. This triangle is still standing and only the D and E wave ranges have moved slightly. It can move down from the red range. We are still bearish on Bitcoin. Closing a daily candle above the invalidation level will violate this analysis. invalidation level : 69400$ For risk management, please...
✅EUR_CAD fell again to retest the support of 1.4686 But it is a strong key level So I think that there is a high chance That we will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
the dollar is reaching the end of its rise for a long long time. sell your dollars, crypto is officially on. one will stand out from the rest by far, don't thank me, enjoy the journey , years. This is not a financial advice dyorr THIS IS MY LAST POST FOR EVER TCHAO BOYSSS🙋
Although gold has formed a head and shoulders top pattern at the short-term level, the momentum has turned to neutral, and gold has failed to effectively fall below the 2320-2318 area many times during the decline. Instead, it has formed a head and shoulders bottom pattern at the hourly level, and the shoulder support is exactly in the 2320-2318 area. So gold can...
The overall trend for the GBP/JPY pair is currently bullish, targeting levels between 250 to 275. However, be cautious as there may be corrections on the monthly timeframe.
Elliptical rhyming based on long-term observation, this idea builds on economic cycles and considers technological improvements and adoption of Cardano at the same pace.
Market at 50% of total movement to two previous month.. Also a gap created between 14th and 15th of may at 0.90635 and 0.90574… So we may see reverse in market…
Welcome investors to the vibrant foreign exchange market! Today, we will explore the potential trend of the GBP/USD currency pair during this promising trading day. Can GBP/USD break out of its recent decline or continue to plunge? Let's analyze the factors affecting the market and make informed predictions for today's trading day! Price chart: GBP/USD is...
🕓 Time Frame: Weekly (Logarithmic) 🔼 Status: Bullish 📆 03/07/24 Analysis : The Bitcoin chart on the weekly (logarithmic) timeframe, as expected, the price corrected to $58,400 and encountered significant buying pressure. Currently, Bitcoin is trading around $61,000, having increased by 9%. If the price can stabilize and close above $63,300 this week, we can...
The Dow Jones is currently within a triangle, either a breakout or a breakdown is expected. Therefore, it is not advisable to enter at this time. Let's monitor the movement and we will update later.
i would take this as a early entry , my point of view, Might wait for futher confirmations to entry the market.
Gold has continued to consolidate within the June 7th trading range (the highlighted NFP outside-day reversal candle). . The focus into the start of June is on a breakout of 2286-2387 range for guidance. Key support 2277/86 Initial resistance 2368 with 2387 key. From a trading standpoint, while the broader outlook is still constructive, the threat for a...
EURGBP is looking in Bullish Trend as it is printing HH and HL
gbpcad has shown abounce from its support one with multiple billish div. so we have placed buy stop at last lower high breakout and placed a buystop at breakout of 1h hh.
Looking at price recent , a rising channel in a rising market could be sign of a change in structure for a while, with price reaching a possible new low a retest near recent support of 104.094. A clear breakout near level 105.712 and a retest below the trendline could be a possible sell signal.
This market has broken and retested the trendline to the downside, also in an ascending channel
After a strong bullish trend, I have identified a notable bearish formation on the USDJPY chart. Key technical indicators and chart patterns are signaling a potential market reversal to bearish. This could offer a valuable opportunity for traders to capitalize on the anticipated downward movement. Stay tuned for more detailed analysis and updates!