Hello everyone, here's my take on the GBPUSD over the next few weeks. We are currently on an Order Block Weekly, located in the OTE buying zone of the last 6 months. I think we're now going to start moving up again. The aim would be to go for a weekly BOS and why not get back to 1.30000. However, I expect the price to retrace up to 50% of this OB. Feel...
Hello everyone, here's my take on ETH over the next few days. As we know, the Ethereum price is correlated to the Bitcoin price. As I have a short-term bearish view on the latter (recovering liquidity at $60700 just before halving), I think ETH will retrace into my zone. This is the OTE zone (between Fibonacci's 0.62 and 0.78) and a daily Order Block is...
Gold created all time high when it reached $2424 region, however, big investors close their positions and they sold gold strong, taking price to $2330 area. Price since then has been in recovery process, going forward, price can create another Higher High going above $2440. In one hour timeframe price behaved strongly bullish, giving us an hint of upcoming price...
I'll feel more confident about a potential uptrend if we can surpass the ~67k mark, where Monday's high range lies and from which we were rejected on our first bounce. If not, we're likely to continue experiencing volatility in this zone, potentially dipping to yesterday's lows around 61.5k. The 60-59k range—a critical support zone, that should mark the end of any...
The price of the currency pair is expected to start a downtrend after reaching the resistance level of 1.26801 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the GBP and USD exchange rates
📈EURNZD formed a double bottom pattern following a test of a crucial intraday support level. Breaking above the pattern's neckline is a significant bullish signal. Anticipated upward movement could reach the 1.8100 level.
📊 According to the selling pressure in the market, if the range of 3030 units is broken and the price stabilizes below it, the price may fall to the range of 2970 units🎯, and in the case of the strength of the range of 2900 units🎯🎯. 📊 Otherwise, the possibility of price increase up to the range of 3250 units.
📊 Due to the increase in buying pressure in the market, in case of failure of the upward downward pattern and stabilization of the price above the range of 1.247 units, the price may increase to the range of 1.250 units🎯, and in the case of the strength of the range of 1.255 units🎯🎯. 📊 Otherwise, the price may fall to the range of 1,238 units.
H4 Analysis: Intraday analysis/bias remains unchanged and the same a yesterday's analysis dated 16 April 2024 -> Swing: Bullish. -> Internal: Bullish. Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low. Price has also reacted to H4 demand where we are currently...
Although the market experienced a long period of rise, many tokens experienced significant callback after BTC failed to break through ATH. So again we explain how the TSB indicator is used to help even with switching trends. TSB indicator is a trend indicator based on AI algorithm. When the TSB indicator gives a BUY signal, it means that the token has entered a...
FUNDAMENTAL : When the dollar strengthens against other currencies, it can reduce the value of revenues generated in foreign markets when converted back into dollars. This can negatively impact corporate earnings, leading to downward pressure on stock prices most of the time. currently the dollar is strong because they seem to be the last central bank to cut...
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
Price has just reacted to Monthly Supply n there is a Fresh Quarterly Demand till which Price should retrace. Following is the Curve Analysis Price after reacting to the Monthly Supply has formed a Fresh Weekly Supply and has violated a Weekly Demand hence this Fresh Weekly Supply is a Trade Supply. Following is the Positional Swing Short Trade.
Traders, NOTE Don't forget about LTF confirmations, The CPI data has been announced at 3.2%, marking a 0.1% surprise. This development adds a layer of significance to the current market dynamics. In addition to the previously highlighted zones, such as the area around 1.246, it's essential to keep an eye on the EMA50. This moving average could serve as another...
Good morning Traders, My setup for today is ready to roll! Apologies for yesterday, guys! 🙈 Life had me on the move, and trading had to take a backseat while I was out and about. But today's looking chill, and I'm feeling optimistic about snagging a trade or two and locking in some sweet profits! 💰 Let's dive in and make today a success! 💪 Let's go! 🚀 ...
CME_MINI:NQM2024 - PR High: 17916.00 - PR Low: 17896.00 - NZ Spread: 44.5 Economic calendar event: 10:30 | Crude Oil Inventories Prev session closed flat - Maintaining 50% of prev session range - Above Monday's close Evening Stats (As of 12:55 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 277.30 - Volume: 28K - Open Int:...
This week, NZDCAD broke through and closed below an important horizontal support level. The broken support has now become a resistance level, which the market is currently retesting. I anticipate a bearish trend continuing towards the levels of 0.8117 and 0.8070.