MSOS loves bouncing off that trend line. I bet you it'll happen right when DEA reschedules. Because the market is a bit*ch like that. Smoke more weed. Flying to Chicago today, never been.
Hi Traders i hope you all are doing well... so the Prediction for tomorrow will be long from the support 1.06894 till the week high of 1.07521 1) We see the market went bullish because of the interest rate decision so we now have a support line at 1.06711 after it reached a high of1.07282 it retraced back for Liquidity and closed also the FVG so i am expecting...
Track this ICSA, wait for its topping point from a large spike or obvious crashing event, when it reverses for that top, good time to buy for "recovery" play, until we all crash eventually to fix all this BRR printing anyway... we gotta play the printer, JPowel saying "all is ok" while market denies an initial positive sentiment returne to a negative day. Bulls...
54K seems to be the most likely support level on the 4-hour chart for Bitcoin/USD. After that 52K . A drop to 48K seems unlikely . But possible. A reminder that this is the 4-Hour Chart. If you zoom out, you will notice that Bitcoin is not yet in a bear market. Technical Analysis tools used: Volume, Ichimoku Clouds, Fibonnaci Retracement, Volume Delta,...
To be honest I am not as bullish biased as this project suggests with the succession of higher rectangles ending with the top bigger one, as I find this scenario if not unlikely at least less probable, but I still find the overall potential for this matrix a little intriguing especially if this longer rectangle in this starting position provides some decent follow...
Simple setup with some projected data points as price targets in time. If and only if at least 3 of them are hit, and maybe a wild card pivot point at any of the elements, preferably the pink rectangle, I would strongly suggest analyzing the potential for a bounce from the green rectangle zone in case another power wave forms that pushes the price higher. The idea...
Simple project where all lines from all rectangles are projected potential support and resistance. Looking to catch at least one reversal (in either direction) with a candlestick pattern or signal at any of them. The vertical ones are more like time stamps for potential essential events like change in mood, sentiment, volatility or other. The polygon is more...
This would be the next slide of the GBPJPY Journey which started with a simple Mind posted, evolving into the next idea with the next steps. The previous 2 snapshots provided a very clear bias (the short followed by the long), but now I find myself in the situation where I am looking for 2 potential scenarios which I would consider to be intriguing if the price...
Simple design with support and resistance target levels with a clear succession in mind for the main scenario. The levels are approximate and flexible with a bigger margin for error, but at the same time the whole blueprint for this main scenario can morph into something else depending of the circumstances and unfolding of events. This scenario takes into...
BTC look good to short from bearish OB above Wait patiently for it and take a short from there Follow for more market update and trade setup
Gold rebounded as expected. I believe that many people were chasing short gold yesterday and today. However, after gold fell sharply, I have reminded everyone not to be overly bearish on gold. Gold may have a short-term rebound and repair.And it is very likely to copy the trend after April 23. We first went long gold in gold trading today. After gold rebounded as...
Updating my analysis with some additions of some key levels to watch for as price makes it's way higher. I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels. Even though price seems to be forming a H&S top, I'm not sure that we break down here. I think the most likely scenario is...
We expect DXY to rally this week, our first target is the old high at 106.20. If the dollar stays strong, we have even higher upside targets of 106.5 and 107.20 in the near future. A higher dollar suggest a risk off scenario, hence we could see lower prices in other assets eventually. This is no financial advise! Do not risk real money on any idea published by us.
JP225YJPY - 24h expiry Price action looks to be forming a bottom. Short term bias is mildly bullish. Preferred trade is to buy on dips. The hourly chart technicals suggests further upside before the downtrend returns. Further upside is expected although we prefer to buy into dips close to the 37830 level. We look to Buy at 37830 (stop at 37530) Our profit...
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
As we said when the price was near major resistance zone of 75000$ to 70000$ we were looking for 60K$ target: now we are looking for breakout of trendline and then more dump after that too to the targets like 50K$. DISCLAIMER: ((trade based on your own decision)) <
FX:XAUUSD continues to decline and test new local lows. The fundamental background is negative and the decline may continue. Important events are ahead, everyone is waiting for Powell's speech. Bears finally hold the area of strong liquidity 2328, which only intensifies the price decline. At the moment the market is testing 2280. Today is a busy news day....
FX:GBPUSD may continue its medium-term decline based on the fundamental background. Traders are waiting for Powell's comments on interest rates. The market is on hold and is set for a negative scenario. Globally, the currency pair is in a stupor and is in a sideways movement without any clear prospects, trading in a global range between 1.28 - 1.22. On H4 a...