Spira_Scalper

Spira_Scalper

We have a 1,2,3 top formation, a clear warning of trend reversal. The critical turning point occurs at Point 3, where the failure to exceed Point 1's peak underscores a noticeable lack of interest in maintaining the current bullish momentum. This pattern's inability to create new highs is evidence of diminishing buying pressure, a precursor to potential...

Spira_Scalper

The price has broken through the downward trendline, which is drawn by connecting the lower highs on the price bars. The breakout indicates a possible end to the downward trend and may suggest a change in momentum.

Spira_Scalper

The DXY has been moving within a descending trend channel. This indicates a continued downward momentum over the recent trading sessions. On the downside, we have a significant support level that has been tested multiple times, highlighting the importance of this level to market participants. Potential Bullish Breakout: Lately, we are seeing that the price is...

Spira_Scalper

We are observing an exciting technical scenario. It's evident that Bitcoin has formed a compression pattern, known as a bullish pennant, which could potentially signal an impending upswing in the market. Key Technical Observations: Support Level: The price has tested and respected a critical support level at $41,444, which has historically been a launching pad...

Spira_Scalper

The lady has now had a small correction period and is about to make a bullish pennant. We have an elliott vawe that has developed that looks to go in.

Spira_Scalper

Yesterday on 03/28, GBP/USD was trading in the positive territory near the price of $1.2335. Today, the currency pair traded in a narrow range around $1.2320-40, remaining close to its 2-month high. On the hourly chart, GBP/USD is still trading above the MA (200) The situation is similar on the four-hour chart. As long as GBP/USD remains above MA 200 H1, it would...

Spira_Scalper

Yesterday on 03/28, GBP/USD was trading in the positive territory near the price of $1.2335. Today, the currency pair traded in a narrow range around $1.2320-40, remaining close to its 2-month high. On the hourly chart, GBP/USD is still trading above the MA (200) The situation is similar on the four-hour chart. As long as GBP/USD remains above MA 200 H1, it would...

Spira_Scalper

It does not seem that the FED has managed to calm the market. I expect another upswing. There will probably be no bear rally until a big one breaks and creates a tsunami that causes fear to take over and we get more realistic expectations. What we are seeing now, I think can hardly last very long. I expect a big decline in the long term, but it sure looks like...

Spira_Scalper

It looks like the lady will reach even more new heights for the year. But first there will probably be a small or large correction. Here is what I envision.

Spira_Scalper

It was amazing how she sprinted upwards. This is my weekly chart. It's almost like I can't believe my eyes. If this is what comes, I will be mildly surprised.

Spira_Scalper

Time for a correction and perhaps a sudden big drop. Time will tell. A double top and a bearish pennant have formed, so we're getting another good drop now.

Spira_Scalper

I think we should have a little bull run, before the lady goes further down

Spira_Scalper

Also on the weekly chart, it bears downwards. I think we will have a real bearish rally.

Spira_Scalper

Perhaps it is time for a sharp correction. I think so. Let's play!

Spira_Scalper

I have noticed that there are many on technical analysis who now have the same narrative

Spira_Scalper

Bitcoin will probably have a small trip down, before it will continue to rise. I imagine this scenario

Spira_Scalper

I think the market will close the gaps. We can follow along. If it breaks down from 1093, then I sell. However, I imagine that the rate will first rise to 1100, then fall down to 1077

Spira_Scalper

Large FVG which I think will be closed. BTC has been falling for a long time and many have suffered a lot. But now it looks like the outlook is somewhat better. Further dollar falls and increased interest rates, great uncertainty and more unrest in the financial markets, can quickly turn out positively for this commodity, if it is allowed to call it a commodity.