What will be happend to Bitcoin if broke this support?
Reclaim of R/S flip > Market structure break > Test as support Stop loss under the test and tarjeting the next relevant level of liquidity. Risk/Reward ratio: 1 to 6
The stock has been hammered from the recent earnings release and the picture continues to look bleak on the chart. Short term resistance is at R27.50 ... only a daily close above might give bulls some relief to attempt first gap close at R29.55 Below Supports are at R25.00 and R23.60 Staying away from longs until picture becomes clearer. DM me for any...
Audusd has been ranging in the daily tf. Wick rejection on the daily tf is comfirmation for support. Also 1hr tf is the chart confirms support. Great buying opportunity for 200+ pips. Buy area will be at 0.62800.
Gold has retested the resistance zone of 1997 and has made a lower low pattern at a high of 1993. Im expecting 1950 zone to be broken and head down to the daily support zone of 1920-1925.
Hopefully tomorrow and the next few days we get a decent reversal....
Wondering if this parabolic $big.v move will stick? Or if to take profit? This chart may help you. Promoters will want channel to hold.
It is clearly visible that vedanta is on its main support level which is 205-210 as from this level vedanta had always given a bullish move so we can expect that this time its not be different case and second sign of bullishness is that it is forming a Double Bottom too. Now, the target will be 300 as its psychological resistance and long target will be...
WAIT AND SEE - $YFDAI could break the resistance, it may jump high
What is your opinion on BlackRock's BTC spot ETF? I have a mixed views: both positive and negative. Case A: As you can see in chart, BTC is right below a resistance trendline. If break-out happens here, I would be happy although I'm still waiting for a last dips to fill my bags. Case B: However, if we take a look at the consolidation between 2018-2020, we...
CONTEXT Potential shakeout of September High > Reentry with verticality and strength > Currently testing level as resistance PLAN Market SHORT with stop loss above the deviation and targeting the next relevant liquidity level, near the previous weekly low Risk Reward Ratio: 1 to 3
CONTEXT Potential shakeout from September High > Reentry with verticality and strength > Currently testing level as resistance PLAN Market SHORT with stop loss above the deviation and targeting October low Risk Reward Ratio: 1 to 3
CONTEXT: Potential shakeout from Previous Weekly High > Reentry with verticality and strength > Market Structure Break > Test at S/R flip EXECUTION: Market SHORT on the pullback with stop loss above large bearish candle and targeting next relevant liquidity level Risk Reward Ratio: 1 to 2.65
CONTEXT: Potential shakeout from September high > Reentry with verticality and strength > Market Structure Break (H4) PLAN: - Open SHORT on the pullback - Stop loss above September high - Targeting September lows - Risk Reward Ratio: 1 to 5
CONTEXT: Potential shakeout > Reentry with verticality and strength > Market Structure Break PLAN: - Open short on the pullback - Stop loss: above the large bearish candle - Target: lower limit of the range - Risk Reward Ratio: 1 to 5
CN50USD - 24h expiry Buying pressure from 11548 resulted in prices rejecting the dip. The current move higher is expected to continue. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer...