In this analysis I want to discuss the possibility that Bitcoin is copying the 2019 mid-cycle bull-market and the following bear market. I don't see this as the most likely scenario, but it's still a scenario that can happen one way or another. As seen on the chart, Bitcoin saw a massive ~370% gain after bottoming in November 2022. A similar gain was achieved...
Considering the status of gold, which was moving in a long-term uptrend line and now that trend line has been broken, we should expect a significant price decrease from it.
Market Analysis PT1/2 (1st May 2024) XAUUSD Analysis On the 4 hour timeframe, we have confirmed a 4 hour MSS with price closing very bearishly on the 4 hour timeframe. Dropping to the 1 hour timeframe, price action here has created a 1 hour OB, along with a 1 hour FVG just right under it. Looking for price to retrace during asia session into the FVG/OB...
My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0720 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0707 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
Gold prices are expected to increase for the third consecutive month ahead of the Fed meeting Gold prices are on track to increase for the third consecutive month thanks to strong demand from central banks. Attention is now on the Fed's interest rate decision meeting this week, where policymakers are expected to take a hawkish stance. As of early Asian session,...
My dear friends, GBPNZD looks like it will make a good move, and here are the details: The market is trading on 2.1090 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2.1018 Recommended Stop Loss - 2.1138 About Used...
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action from here after price filled the imbalance and rejected from bullish order block + trendline. Fundamental news: Tomorrow we will see result of Unemployment...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect we can see here bearish price action after a rejection from trendline + liquidity zone + FIBO 0.618. Fundamental news: This week is full of news in USA, on Wednesday (GMT+3) we have...
Gold prices could plummet if the Federal Reserve fails to enact anticipated rate cuts, particularly amidst widespread expectations for such actions. Here's why: Market Expectations: Investors often base their decisions on expectations, including anticipated actions by central banks like the Federal Reserve. If there's a widespread belief that the Fed will cut...
Hello traders! ‼️ This is my perspective on EURCHF. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect downside move after price filled the imbalance and rejected from bearish order block + institutional big figure 0.98000. Like, comment and subscribe to be in touch with my content!
If the Federal Reserve refrains from cutting interest rates this year, particularly when it was widely anticipated by the market, it could have significant implications for gold prices. Here's how: Market Expectations Disappointed: When market expectations aren't met, especially regarding key monetary policy decisions like interest rate cuts, it often triggers...
GBPCAD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short GBPCAD Entry Point - 1.7165 Stop Loss - 1.7229 Take Profit - 1.7051 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Gold prices opened the new trading week with a slight decrease, however the decrease was insignificant, currently trading around $2,335. Many traders choose to stay on the sidelines ahead of important events this week such as the FOMC meeting and the release of US Employment Data. As a result, gold price volatility is likely to be limited at least until Wednesday...
Considering that this symbol has returned from the trading floor to the middle of the range and in this area weakness can be seen in the rise, I expect a fall, but be careful that my profit limit is high. Be
Analyzing the options chain and the chart patterns of COIN Coinbase prior to the earnings report this week, I would consider purchasing the 200usd strike price in the money Calls with an expiration date of 2024-5-3, for a premium of approximately $38.75. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Hi Traders ! On Tuesday 16 April, The NZDCHF Reached The Support Level (0.53688 - 0.53442). The Price Broke The Last Lower High (Choch). So, I Predict a Bullish Move 📈. ------------- TARGET: 0.54520🎯
Bitcoin time frame 15 minutes Our main trade that Bitcoin reacted to and we expect to move up. Also, a scalp trade, if the price reaches our range, with a small stop loss and RR6, we can get 15 minutes in the time frame. Capital management should be observed
Gold is expected to rebound from Friday's downward trend and continue its bull run, possibly reaching $2600 per ounce when the New York session opens on Monday. Investors may seek to withdraw funds from the market, but potential reversals could offer opportunities to collect more liquidity. Tensions in the Middle East, particularly between Iran and Israel, could...