Bitcoin crashed significantly, as I warned you in one of my previous analyses: What now? Is the crash over? I don't think so! The halving event is in a few days, and huge volatility is expected. The problem is that below the current price, we have a double bottom pattern, and there is a lot of liquidity that whales need for their huge buy orders. It's really...
Gold prices are attempting a slight recovery during the Asian session after finding fresh demand near $2,355 once again. Gold prices took advantage of the softer risk tone and sustained weakness in US Treasury yields, despite recent hawkish comments from the Fed. XAUUSD trades above 2370 and the daily chart suggests the slide could continue. Technical indicators...
FX:XAUUSD is trading exclusively in a bull market. Quick and temporary reactions to the news are quickly exhausted and buyers regain the upper hand on the metal's price. Yesterday the price made another retest of the support at 2330, which has the status of an intermediate bottom. This area held the price and after that the market returned to its true...
Daily/4h time frames analysis for US100. Price action & key levels. Directional bias. Thoughts. Trading plan. ❤️Please, support this video with like and comment!❤️
Hey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Technical Section: Wave 3 < 161.8% of wave 1 Wave 4 = 38.2% of wave 3 (Wave a = 38.2% of wave 3, It did) Wave 5 is probably too large Extended Wave 5 (Target 2 ) = 100% x length of (beginning of Wave 1 to top of Wave 3) (Extended Wave 5 = 161.8% x length of (beginning of Wave 1 to...
FX:XAUUSD is showing strength as a hedge asset. The price continues to indicate to us that it intends to go even higher. The market is cleaned up after the shakeout and the big player continues to play his game. (Idea from Apr.16: GOLD → There's no limit to the bulls' activity. Support retest) Bulls form another intermediate bottom at 2365, building a limit...
Weekly shows that the wxy correction has erased all RSI divergence and price also stops at the weekly "order block". A high chance that we will reverse from here. Daily shows that the last leg is likely finished with 5 waves in a C wave. A break above the red declining line will increase the odds that the bottom is in. Very likely as it coincides with the...
Current Zone: We are in the 'zone of despair,' where weak investors feel fortunate to have sold. This emotional response typically indicates a significant turning point. Previous Activity: We successfully closed the Fair Value Gap (FVG) from July 2020, marking an optimal entry point. I anticipate the price will surge from here. Future Outlook: I predict...
📍 #BTC Update ✅ Previous Update Perfectly Worked And The BITCOIN Price Hit The 61700$ Support One More Time, Now At This Update I Wanna Talk About My Next Plan About The BTC 👉 There Is a Clear And Strong Support At The 61k Area And Its a Fourth Time That protected The Bitcoin Price, If You Followed My Previous Updates My Expectation Was About The Breakdown This...
Could this be a possible sell for GBPJPY? The market is currently reacting to Fib area, ther's been signs of rejection. The lower tf 4HR is showing a chart pattern for sell. Let's see how this will play out.
Will enter a short on the current low breakout. I have uploaded a long idea on the falling wedge, and I will switch to a long as soon as the wedge gets confirmed.
US100 Near Strong Resistance Areas US100 broke down from and ugly variation of a bearish Head & Shoulders pattern. It is ugly because the price moved up and down for a long time without any clear direction. Despite the strong trend now we can see US100 below the neckline of the pattern showing for further price decline. Considering that the trend is still...
Dear Colleagues, at the moment the price has made a strong downward movement. I suppose that the price is in wave "4" and can continue its movement to the support area of 80.22, but I consider only long positions, because the price can make a reversal at once. I recommend to work with pending orders. The nearest target is the resistance area at 87.47. Manage...
I'M BACK TO TRADINGVIEW AGAIN - Let's Do Rock the Levels With me - How Many People are Happy Now BUY ABOVE - 22210 SL - 22160 TARGETS - 22270,22320,22360 SELL BELOW - 22120 SL - 22160 TARGETS - 22080,22050,22020 NO TRADE ZONE - 22120 to 22210 Previous Day High - 22210 Previous Day Low - 22080 Based on price action major support & resistance's are here,...
Hi traders' structure might be developing bearish, but this is good risky short-term opportunity to the upside. Am expecting price to give us inner structure before the next bearish impulse. Don't rush into impulsive trades, wait for price to come at significant/psychological level in order to execute and be patient. Follow me for more weekly predictions and hit...
Hello,Friends! We are going short on the GOLD with the target of 2311.816 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Here I have GBP/USD on the Daily Chart! After our New High since August 2023 @ 1.28938 , we've seen Price decline quite drastically! In fact, we were given a NEW LOWER LOW on Tuesday @ 1.24052! Now with this Low having been created after our Lower High @ 1.2708 (Point B), this Price Action breaking our previous Low @ 1.25394 CONFIRMS my prediction that we could...