USDJPY uptrend scalp to higher highThe daily closed bullish but with some buy exhaustion which led me to believe that there still some bullish momentum but not much. The 1H made a clear higher high and decided to hold at its lows but created some bullish reversal signals on top of support. The moving avergae plays as support as well. Upon the breach of a 30min correction trendline. I believe price is on its way back to test its high or create a new one. Afterall, this is an overall uptrend.
Buyzone
Range until Upside on Thursday 📞Eurusd did quite a nice job of Holding 4hr support zone 1.09132. We are currently in a range with the resistance at 1.094. The Daily resistance level at 1.0945 held quite well during tuesday's London session. The NY session 4hr candle on Tuesday wicked beneath 4Hr support 1.09132 -> 15-18 some odd pips but closed back inside after buyers showed up and said not today. It is not odd to see the market pullback against the trend from the previous week on Monday/Tuesday as it has done here. The Size of the current " Bearish push" has been 1/8 the size of the Bullish push from the previous week. During the upcoming sessions I can observe a retest of 1.094 4Hr Resistance zone. We have 2 upcoming red folder speeches by Fed chair Jerome Powell which will impact USD strength. Unemployment claims on Thursday and Manufacturing data on Friday to wrap up the week. Unemployment data is supposed to be about flat from the prior week which I see as favorable for a continued ascent on Eurusd Weekly timeframe. Manufacturing data on Friday is forecasted to be mixed. Thinking we can give a good push back to the highs 1.096 1Hr Zone prior to red folder news on friday.
The Market Moves Major pips on thursday's. This is because early on in the week the market is setting up. It's setting up for the trend move later on in the week. The Week Matures around Wednesday and Thursday. These are the days when it is especially a good idea to " Let your winners run" .
EURUSD SELLS INCOMINGSticking to the basics of trading:
The market stalled making a resistance zone for the buyers. Thus showing early selling pressure.
The next area the market can possibly bounce from is at the 0.08500 mark. This mark would be a good area for buys continue the higher timeframe trend.
For anyone going into the london session can use the 4H timeframe to see that price has potential to retest this level and carry more volume to the downside.
However, BIG Reminder!
The market can do what it wants, so beware that buys are still in play as the overall defining trend is FX:EURUSD bullish for the buyers.
Virgin Galactic - SPCE outlook showing signs of strengthLooking a the SPCE chart from a birds eye view it shows the company is overdue for a run. For months it's been trading sideways. It almost looks like it's break out of an inverse head and shoulders pattern. Until recently a spike caused by bullish news sending the stock from around 4.04 to 6.50.
On the run up it rejected the 6.50 price and came back mid day to the 4.50 level. The Fixed range volume profile showed from 4.04 to 6.50 on the initial the point of control was shifted to 6.50 where most volume was traded at the top. It showed a new level of support based on the visible range volume profile after it was rejected in the 4.81 - 4.63 range which to me was a buy zone. Even if it drops a little bit im okay with the risk to reward ratio with calls out to July 7th.
I wanted to get in it but I wasn't going to buy in at the top. The visible range volume profile showed me that most the volume came from these price levels. The fixed So I took the trade and look for a momentum run up in anticipation of the commercial flight between june 27th and june 30th.
The blue horizontal lines represent my take profit levels with the first retesting the 6.50 level. If price moves agressive I'm looking for it to close gaps from the prior months. The closer to launch date I can see it running up because people don't want to miss the run and a lot of buying pressure should be coming in up to these dates. Not to mention there's another flight shortly after in July I believe if there are no delays.
We will see how this plays out. My calls don't expire until July 7th after the first flight if there are no delays.
Thanks for taking the time out to read this.
Trade responsible,
Jay
#TradeTheWave
Eurusd buyEurUsd has moved with high bull pressurer to this level and formed a Rally and now its moving downwards to form a base there will possibly be a rally in upcoming time we will be waiting for price to break M15 Resistance level as price has already broke M15 trendline the confirmation to buy trade will be a break out of M15 resistance and retest on level with a price action we be buying this pair another confluance for buying this pair is that price is having support on 200EM and a bullish Morubozu candles while break out of M15 trendline so for a safe trade setup we will wait for M15 resistance breakout and retest
Silver BuyXAGUSD has made a beautiful move downward and now it seems like the bears have got exhausted selling this metal and we could see a daily level Bearish candle which has started with a good momentum to sell and then at the end of the day the Bulls had taken the control back and Pushed it all the way up with a bigh wick rejection also on the 2nd day after bullish push the control remained in the hands of bulls which formed a moroubozu candle with a high bullish momentum now from top to down on H1 we had a support level and a resistance level and marktet is lingering between our zone we will waiting for the metal to reach at Support level and give a bullish price action confirmation so we will be having a buy position other wise we will wait for break out of H1 Support level and short to our daily support level so we are watching this metal keenly any progress will be sighted shared with you guys
Gold buyXAUUSD has formed a falling wedge pattern and is also moving towards its daily instant level which could be a significant support level, its most often that after a falling wedge forms there is a price hike so we will be waiting for price to reach at its level and will wait for a price action a inverted hammer,bullish hammer, bullish engulfing or bullish morbozou any signal which could signify that price will be bullish we will take bullish position
BTCUSDT _ Daily technical analysis _ 2023/06/18According to the analysis we had yesterday, as expected, the price is resting and bullish.
The market was able to shape itself and provide us with new data and we updated our support and resistance lines according to this data which gave us a better view of the market.
Of course, it should be noted that the market has not yet been able to exit the general downward trend and has only managed to exit the temporary downward trend. Therefore, if a buy position is entered, the price is expected to rise above the overall downtrend channel.
So, based on last night's and today's analysis, I'm looking for a buy position in the zone set on the chart.
ATOM/USDT LongTerm LONGHi y'all,
After almost a year, I am back!
We need time to find ourselves and change our lives in a way that we WANT.
So I have recently been analyzing the crypto market again and I think we can have a slight bullish movement.
Here is the chart of ATOMUSDT.
A w pattern is clearly to be seen in this chart based on fibonacci levels
PEPE next move, Come on Bulls The main resistance is broken and retested as support which is 0.00095, so indicating bulls are taking over
however, the trend line still remains and is very important for a 4hr candlestick /2hr close above and a retest of the trend line before we can have an entry.
I will be waiting for the breakout and retest before taking a long with sl at 0.00095
Will update you all later.
For more updates follow me and check out my previous ideas
Feel free to comment with your opinions about the idea
If you have any pair you want me to analyze indicate in the comment section
Remeber news only drives what chart already indicates
The EZ way to determine when to Buy or Sell Bitcoin!The Bitcoin Log Growth Curves are an excellent means to determine when Bitcoin is oversold or overbought. It has never failed since the chart began in 2011. This indicator only works only for Bitcoin unfortunately.
The middle band tells you when BTC has fair value.
The bottom band has always been the excellent buying opportunity for long term holders.
The top band has always been the best time to sell because BTC is very overbought.
So if you are confused as to where Bitcoin is on the road to success, just look at the Bitcoin Log Growth Curves. Choose the upper bands if you are looking to sell, or choose the bottom bands when looking to buy. Then use your conventional TA indicators when it is in those bands to give you the exact timing to buy or sell.
The Bitcoin Log Growth Curves will keep you on the road to success. :-)
Enjoy!
AUDNZD: Bullish Breakout Potential, Consider Buying at 1.0916The AUDNZD currency pair is displaying a potential bullish breakout opportunity, indicating a favorable buying scenario for traders. Currently trading at 1.0916, the pair has shown strength by breaking above the resistance level at 1.0868, suggesting further upward momentum.
Several technical factors support this bullish outlook. The pair has recently formed a bullish reversal pattern, indicating a shift in market sentiment towards the upside. Additionally, the 50-day moving average has crossed above the 200-day moving average, further reinforcing the bullish bias.
Traders may consider entering a long position if the price remains above the breakout level at 1.0916. A potential profit target could be set near the next resistance level at 1.1000, with a stop-loss order placed below the breakout level at 1.0868 to manage risk.
It is crucial to conduct thorough analysis and closely monitor market conditions before executing any trades. This idea should be considered as a suggestion and not as financial advice.
Let's go BUY IT NOW!!!!!!From my previous idea about BTC, I added we might see a retest of the 26k region which happened as it didn't break above 26500 yesterday before dropping again
so it means the wick on the weekly chart is not a lot and it has been covered by the early drop this morning
so I expect a good movement upward from here
this is considering DXY will be crashing more this week for a retracement, I will make an idea on that soon
so I am buying here with a sl of 25600.
Goodluck
Follow me for more and I will be opening a signals group soon, if you'd like that please let me know in the comment section
SEND IT HIGH !!!Honestly, I analysed ADA last week and expected that fall; not as quick as that though
well good bounce from the last support because breaking that will be hell on ADA.
I am gonna buy from here though both spot and futures
it is above my confluence circle so I can expect a good bounce upwards with sl around 0.256
Spot - all the way to 1.2 - Tp 1
then above the previous high
futures - TPs
0.3
0.33
0.38
0.4
Lastly to 33K-35K then longterm dropSame as for Ethereum: we are about to head to denial zone
Ethereum will head straight to 2200-2250 & bitcoin will head to 33K-35K.
Once meet that strongest resistance we will head to a big rejection in history.
Bitcoin is in a good buy position for a mid-term buy to 33K-35K the support and major support that recently holding won’t hold much longer.
Bitcoin halving in April 2024, bitcoin should find its bottom 2 month before the halving.
Bitcoin crypto bottom : 9800-10K area
Bitcoin bullrun 2024-2025 : 150K
HAVE SEEN THE LIGHT SHINE BTC Honestly, this should be the beginning of Bullrun
Highlighted some circles which were accumulations and also a test of strong supports
the last one respected the trend line and didn't break it... so I expect a bull run from here first to the resistance of the trend line and the breaks it
The funny thing is the trend line resistance and the main resistance at 27500. That breaks and we kick off to 31k
remember weekly close is important here also as 26k might be retested
ETHERIUM LONG TERM market update I hope u know that this is a personal opinion and everything can happen in between this trends or s/r levels and market will never care about our feelings but we can have different opinions at the same time for ourselves and with risk management and stop losses for short term trades we can decide what to do at different points of live market
I hope u have the same opinion