THE KOG REPORT: In last week’s KOG Report, we said traders must be aware of the conditions they’re trading, and markets are moving at extreme levels, we said would be looking for that sudden turn in Gold that may catch traders out. We gave the initial resistance level on the open of 2330-35 where we anticipated the first move down into support, this gave traders...
NIFTY closed below va 1. gapup 22420 long till 22450-22500 2. 22420-22350 trade breakout 3. gapdown 22350 short till 22250
Mexican Peso, 16 weeks of short positions compiled for the Peso. This data was gathered by the use of the COT report even with economic growth alongside interest rates which is a positive for the peso. I do believe in the short term peso is over extended.
After the recent falls, the 55%-54% range is the key support. When this level is reached, there is a chance that the price will start to rise again to hit those who took the risk and invested all their funds during the last two falls. This is where we plan to increase our positions with the remaining free liquidity. Should the dominance steadily strengthen below...
Near had a very strong bounce this weekend after the major altcoin crash. I updated a weekly demand, weeklys are MUCH stronger supportive ranges than dailies. You have to switch to weeklys when the market dies this badly short-term. The teal momentum trend line is right above this important zone. We have already seen a wick into this demand, that could be it, did...
After a bearish week, i'm currently looking for a pullback in GU. In 15m, GU had started an bullish trend. Let's wait.
Last week, Bitcoin corrected by 15%. This led to the liquidation of many buyers, and the recovery of much liquidity, notably at the $65600 and $62300 levels. This decline was accentuated by Saturday's geopolitical events. BTC is currently trading around $65700, but the correction may not be quite over yet. In my opinion, this correction is primarily due to...
Gold, which once again broke through all-time highs last Friday, reaching $2,431, corrected at the end of the day. We returned to a magnificent H4 order block at the 0.62 Fibonacci level. The price immediately reacted upwards when the markets reopened. I'm still buying gold. Given the current geopolitical context, gold as a safe-haven asset is likely to...
Hello investors and traders! On the weekly timeframe, we have a sideways movement. The current vector is for buyers 8-9. The first target, 3580.34, has been reached by the buyer. The next target (if the buyer surpasses 3580) is 4372. If the weekly bar closes below 3056.56, the likelihood of further price decline will increase. Considering an investment deal would...
When it comes to trading in the crypto industry, focusing on technical and statistical analysis can be key to make decisions before getting your entry. By relying on the what's being shown to you on charts rather than speculation, you can identify recurring models and setups in the market. Consistently sticking to your trading strategy can easily help you filter...
Nifty is in rising channel pattern now at top of the channel if 22800 rejects or a gap down opens and sustains below 22650 Nifty can see 22550-22500 levels.Market is overbought a dip and resumes uptrend in my view. Support are 22650-22675,22550-22500,22420,22380. Resistance are 22800,22870,22900,22950,23000. Note:-Mentioned Support&Resistance levels can act as...
Greetings Traders, Key Levels Around 1.0700: Today's R1, Previous Day's S1, March S1, and a strong reversal point all converge around 1.0700, indicating significant levels to monitor. Yellow Bullish Channel: It's imperative to watch for any breaks below the yellow bullish channel, as this could invalidate our current analysis. Take Profit Targets: TPs are set...
BTCUSD is impending on its third attempt to break through the resistance zone of 69-70K, having hit about 72K on March 13th. Buying volume relative to selling remains high. Both the faster and slower RSI lines remain above 50. I amd holding my long position in BTCUSD and watching to see if price can break resistance. If it can another leg higher could...
Premarket short Hunting demand zones to use for a move higher
On the monthly charts, this crypto pair has mitigated a previous demand. From this demand zone we are seeing a reaction where price is pushing up higher. A privacy based crypto, ROSE is poised to make higher highs targeting the fresh supply marked by FOB . Once we have confirmation, we will update the analysis.
Understanding supply and demand is essential. Here’s a quick intro to how we can benefit as traders by using AMEX:SPY as an example. 1. Identifying Potential Entry and Exit Points: Supply zones represent areas where selling pressure exceeds buying pressure, potentially causing price to reverse. Demand zones, on the other hand, indicate areas where buying...
GBP/USD -gbp/usd have supply above the price -price have IMB and lq above it -If the price mitigate our supply don't enter without confirmations
Hey everyone!!!! GBPCAD pair broke the trendline upward. Price will go to the highlighted zones. Good luck to All!!!📈✔😎❤🙌🏽