Hello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First, we will use the yellow line to mark the local downtrend line from which the price is moving sideways. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see, we first have a support...
Hello Everyone, Welcome to FXMYWORLD. Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
Coinbase wins decision over SEC lawsuit pushing the stock here this is a big accomplishment and win for the company. With blackrock wanting to create a bitcoin ETF and coinbase being a potential part of that and Earnings coming up this can ROCKET! Short term watching for a break out of the wedge and a 59% gain up to $100. This stock was once at a high at $430
GOLD (XAUUSD) CHART ANALYSIS POSTED ON SUNDAY 09 JULY 2023. Hello Everyone, Welcome to FXMYWORLD. Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
The daily internal structure has switched back bullish. Going to look for entries on the lower timeframes like the 4H and 1H to get confirmation entries next week
Price is currently in a weekly Fair Value Gap (BISI) and has not fill the sell side inefficiency completely. Expecting price to fill the imbalance down to 1870 which is also a weekly reclaimed OB, thereby taking out June low (sell side liquidity) before making moves higher to 2080 and clearing the monthly buyside liquidity.
Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
Hi Traders! There is an established new range zone on the AUDUSD 1H chart. After a bullish momentum push up, the previous range zone resistance was broken and then re-tested as support. We now have a consolidation period before there is either a continuation of the bullish momentum or a reversal back to the previous range zone if the bullish momentum is...
Hello; 1. There is a negative divergence on the RSI on the Bitcoin weekly chart. 2. There is a bearish shark harmonic pattern on the Bitcoin daily chart. 3. The fact that the FED skips the rate hike in June and all FED members approve the rate hike 3 times until the end of 2023 at each meeting means that the price of bitcoin will fall. 4. Now that June is over...
Hi Traders! There is a support break opportunity here on the AUDUSD 4H chart. The price action shown on the 4H chart is very contrasting; here you can see two opposite types of channels that are almost identical to each other in terms of structure. First, there was an ascending channel showing a clear uptrend until a turning point where the bears took full...
Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
There is a head and shoulders pattern on the 4H timeframe on GBPCHF that has formed at a resistance level and now starting to show weakness as the uptrend runs out of steam.However I strongly recommend waiting for the neck line to be broken first and then enter a short trade.Also another confluence for this trade is the RSI divergence suggesting a downtrend.The...
Traders, What I see in the charts is quite simple. We must set our emotions aside and think logically. What are the charts showing me in the altcoin space? Let's visit this topic quickly. Stew
price has been consolidatiing between 0.67288 which is my support zone and 0.68155 which is my resistance zone. a break and close above resistance should see price continue its tragectory upward
Are you a swing or long-term trader, who is planning to buy gold now? If yes, I would love to say "Don't!" Why? It's because the market condition, technically, in the higher timeframe like monthly has already shown us where the market could head in a couple of months now. Go and run a check on the monthly timeframe as seen in the above monthly technical analysis....
When figuring price out one of the things we consider is what price might want to fill and after it has filled that, what might stop price and reverse it. So for DXY we see that it's currently filling a void that was made during the bullish move. It's also at a gap that might be filled. After that I think price might drop a bit lower to take out the old low where...
EURAUD CHART ANALYSIS POSTED ON SUNDAY 11 JUNE 2023!!! Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
EURNZD CHART ANALYSIS POSTED ON SUNDAY 11 JUNE 2023!!! Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.