Volatility Index (VIX) - The Drama King Let’s kick things off with the Volatility Index, aka the market’s drama king. It’s like that one friend who always makes a big deal out of nothing—spiking dramatically whenever the market so much as sneezes. Recently, it shot up faster than a caffeine-fueled trader on Monday morning, but now it’s calming down a bit, hovering...
Looking at the daily line on the left, we can clearly see that BTC is coming out of a potential double top structure. Then it fell below the neckline around July 4th to 5th. But in the next few days, it turned into a bottom flip and the double top failed. And looking at the perimeter on the right The short-term EMA did not fall below the medium-term EMA At the...
Current market sentiment has been fairly bullish resulting in a great week for the top 10 crypto assets, however, we are still to see a snowball effect onto assets outside of the T10. Today I shall be discussing my perspective on the current Hbar market structure and why I feel it will be caught by the snowball to come. At the time of writing this report,...
FUNDAMENTAL REASONS The UK economy is experiencing sluggish growth, with recent GDP data indicating minimal expansion due to Brexit-related uncertainties and global economic headwinds. UK inflation is at 3.1%, above the Bank of England's (BoE) target of 2%, putting pressure on consumer spending. The unemployment rate is 4.0%, with stable employment but slow...
GREATTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT MORNING YALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!!< 😏 😏 😏 07/02/2024 **News** ON THE BLOCK TODAY!!!! ***Jerome Powell Speaks*** WATCH OUT HIS WORDS WILL WHIP SAW THIS LIKE NO OTHER 9:30 AM ET ***JOLTS*** 10:00 AM ET ***Midnight*** **CONSENTRATED CONSOLIDATION ** *#ES 5521.75* *#NQ 19982.50* 💰...
XAUUSD FUNDAMENTAL ANALYSIS Monday saw a downtrend in the precious metals market, with gold prices fluctuating and falling back. Starting this week, due to the lack of significant new fundamental news driving the precious metals market, gold traders will focus on external markets, most of which are in a bullish trend. U.S. Treasury yields edged up slightly while...
"Based on the highlighted patterns in the chart, it appears that the trend is bearish, indicating a potential decline towards lower price levels."
Hi Traders we still on uptrend having to reach previous higher high. now we on high low with long rejection from downside. showing less momentum to downside. Please share your results. Enjoy your day. Certified Price action king.
XPTUSD has broken its bottom trendline with a 3 EMA crossing over the 10 EMA to the downside. At the same time we're getting the EMAs crossing over the Stochastic is heading down and crossing over the 50% mark giving three confluences to look for shorts Ill be targeting a 1% move down underneath a support i have drawn out on the 4H chart
In the US trading session on Friday, the price of gold (XAU/USD) faced pressure as it sought to reclaim near-record highs around 2,430 USD. Despite a slight decrease, the price of gold remained within its upward trend, supported by safe-haven inflows amid escalating tensions in the Middle East. Looking at the chart, we can see that the price of gold is...
The USD at the start of the year was trading near the 100 lvl but has managed to push above the 106 lvl in a little over a few months. If price is able to break out of the 107 lvl, there isn't to many resistances for the USD to break (the 108 could be one) and price might be able to hit the 114 lvl made in 2022. With the CPI data coming in a little higher then...
There are too many long candles and sudden changes in trend today. I won't be trading for now, although I'm keeping an eye on SGDJPY. If I spot a trade signal there, then I'll consider trading. However, I'm also staying alert for signals in other currencies, there might be a change later on. Disclaimer: I'm still on a demo account. Once I reach my target amount...
RARI USDT TO $50 Long accumulation phase on WEEKLY timeframe that finally broke out. This recent breakout from a long accumulation phase on the weekly timeframe suggests significant potential upside. Notably, it broke out of a drawn-out weekly descending channel. Generally, the higher the timeframe of the breakout, the larger the potential move. We...
We will continue to follow the 4-hour SAR to the upside until we see a SAR flip to the top, indicating we take profits. We are currently at a 1-hour resistance level. Look for more BUYS with retracements, and the original SAR is the ultimate SL, which would signal a trend reversal. Let me know your thoughts. The Professor
NASDAQ - Bullish above 16,750; potential run towards the downside 16,500 & below. - Range: 16,750 - 16,500.
In the 4-hour period, after a full cycle, it has completed a downward corrective wave, if it performs an upward correction, and then it can complete the corrective wave up to 23 percent of Fibo, which can be expected for the 2nd corrective wave after Confirmation and implementation of the beginning of the 3rd upward wave in the 4-hour period, which can be...
hello traders what do you think about this analysis trading ideas 💡😁💡 (Gold weekly analysis) Follow support and resistance Levels ✔️ (Support levels (1986) (Support levels (1942) Resistance levels (2007) Resistance levels (2020) Resistance levels (2031) (target) 🎯 (2020) (target) 🎯 (2031) (Maybe retest) (1986) follow up with my trading...