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...
#GOLD... market still holding his supporting area as we told you in our video analysis. Guys we have only 2294 95 as immediate and most important supporting area for today, Keep close it and if market hold it in that case you can see a bounce from here .. Upside areas mentioned on chart.. Only invalidate buying below ,2294 Good luck Trade wisely
Bear flag showing here on spy and a few other indexes/ sector. This bear flag would be consider a handle for a inverted cup and handle. Smaller time frame looks like this spy And heres NQ We are headed back to bear flag support around 500.. from there we could either finish one more bounce higher 511-514 before finishing the leg down to 480 The bear...
SELLING zone for the USD/JPY pair is at 152.70. Traders may consider placing their take profit orders at 152.00, 151.50, and 151.00 to capitalize on potential downward movements in the exchange rate. These levels represent strategic points where traders aim to lock in profits as the price declines. Additionally, it's prudent to set a stop loss order at 153.30 to...
Gold (XAU/USD) is trading with a slight negative trend in the first half of the European trading session on Friday. Traders are currently displaying reluctance and caution ahead of the detailed announcement of monthly employment figures in the United States. The Non-Farm Payrolls (NFP) report is widely known and could significantly impact future policy decisions...
We are in the same situation as always... It seems pretty hard to adapt to change, but reality is always changing, we are always changing; life is always in constant change ... Bitcoin is the same. Now, the question is 100% clear. ➖ Is the correction over? ➖ Will Bitcoin move now to $100K? The truth is that it is hard to say or predict, anything goes; the market...
Consider initiating a buy position for XAUUSD at the present level of 2296. This entry point is strategically chosen to capitalize on potential upward movement in the market. We aim for three take-profit levels: 2310, 2315, and 2318, each representing incremental profit targets as the asset ascends. In case the market turns against us, it's prudent to have a...
sell opportunity at the price level of 191.80. This suggests a bearish outlook for the pair in the short term. Traders may consider setting multiple take-profit levels to capitalize on potential downward movement, with targets at 191.00, 190.50, and 190.00 respectively. These levels offer strategic points to lock in profits as the pair declines. Additionally, it's...
The current buying opportunity for the EUR/JPY pair lies at 164.507. This represents an advantageous entry point for traders looking to capitalize on potential gains. By setting take-profit levels at 165.000, 165.500, and 166.000, investors can strategically aim for incremental profits as the market moves in their favor. Additionally, implementing a stop-loss at...
In the realm of currency trading, the CAD/JPY pair currently presents an opportune moment for selling, with the sell zone identified at 111.694. This strategic move aligns with the anticipation of potential market shifts and allows traders to capitalize on potential downward movements. By setting specific take-profit points at 111.562, 111.053, and 110.500,...
The current buying zone for CAD/USD stands at 0.7310, indicating a favorable entry point for traders looking to purchase Canadian dollars with US dollars. This suggests that the Canadian dollar is valued at 0.7310 US dollars, presenting an opportunity for investors to enter the market at this level. As for potential gains, traders can set their take-profit levels...
Nice to meet you again! On the BTCUSDT H12 chart, there doesn't seem to be much change from yesterday. The current price is mainly trading under the control of the bears at the $61,000 mark. In the scenario where BTCUSDT may continue its technical downtrend, it is expected that the nearest potential target could be the $51,000 area and even the $50,000 round...
The GBP/EUR pair has reached a sell zone, currently trading at 1.1650. This indicates a favorable moment for selling the pair. Traders may consider setting multiple take profit levels to capitalize on potential downward movements: at 1.1644, 1.1635, and 1.1625. These levels provide strategic exit points to lock in profits as the exchange rate depreciates. To...
BTCUSD is currently at a price of $61,924.00. Considering market trends, it might be a strategic move to open a selling position at this point. Setting a Stop Loss (SL) at $61,120 can help mitigate potential losses if the market moves unfavorably. On the other hand, there's an opportunity to buy BTCUSD at the current price of $61,924.00, anticipating a bullish...
analysis suggests that the optimal selling zone for crude oil stands at 7861. This assessment prompts strategic considerations for traders, with suggested take-profit levels at 7811, and 7689\7610, offering multiple opportunities to secure gains. However, to mitigate potential losses, it's advisable to set a stop loss at 7930, safeguarding against adverse market...
Hey Everyone, Please see update on our 1H chart idea playing out level to level and providing the bounce and swings inline with our plans to buy dips. We started the week with price playing between two weighted levels 2351 resistance and 2333 support. We got the support test at 2333, which followed with ema5 lock below 2333 opening the retracement range and a...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
We frequently look at the altcoin market and very often look for clues on its dominance and market cap. A historic comparison of alts with Bitcoin's (BTCUSD) Cycles shows that alts bottom after Bitcoin, a lag which is natural considering that BTC is the market leader. Similarly it is possible for alts to rally when Bitcoin is correcting or consolidating. Using...