This graph is a representation of my point of you of the futures market. (USD)
15 / 30 / 60 degrees relationship of Jupiter / Saturn cycle on SILVER Weekly chart. Seems that it is bullish untill reaching a top around mid Jun 2023...
Update for my yesterday's post on Natural Gas: the price retested a broken supply area and I spotted a very nice confirmation. The market broke a resistance line of a bullish flag pattern. Now you can wait for an occasional retest to buy expecting a bullish movement at least to 5.68 level. ❤️Please, support this idea with like and comment!❤️
Price is bouncing in the ascending parallel channel as a correction and retrace, and as you see in the 4H chart, it was rejected from the channel’s upper side. Currently, we can see a strong bearish push on price. The main trend is bearish and price is in the correction phase. There is a support level at 1940, and if price breaks this level, I expect a fall...
As we saw last week, XAUUSD dropped significantly after the big growth. Currently, price is making an ascending parallel channel with two touches on the lower band and one touch on the upper side (it need the second touch on the upper level to make channel valid) We can see an upside push and rejection from the trend line: If price breaks the red resistance...
After a significant rise as a result of war, price has approached to the resistance level at 5.000 which has pushed the price for several times in the past. Currently, price is bouncing between the red resistance level at 5.000 and the yellow support zone around 4.800 which is a sideways area. We should wait for the breakout on the resistance or support level...
Silver Micro Futures has broken out from a triangle pattern with good volumes. It has been correcting under the same for nearly 560 Days. Due to geopolitical tensions, commodity prices are expected to rise. This could mark a bull run in Silver. Resistance is marked in Red. So it would have to take out the supply area to continue Rallying. Even Though This could...
Looking at my in-depth analysis of BTCUSD market. Made a few areas of interest and hope to start some dialogue regarding these price levels. What price levels are you looking at moving forward? Let me know in the comments section. Happy trading, and good luck!
Wow, we are in some critical times in BTC's history! To keep it as simple as possible; we are looking for price to show the signs of the beginning form of a "higher low" when we look at our monthly (+) timeframe. It is also important to see the pressure that is currently placed on the buying side of the channel of the downtrend we see when looking at the weekly...
After growing significantly and reaching strong monthly resistance levels, price started to drop and retrace. Currently, price is in the correction phase and has approached to the yellow support zone. We can see the rejection and upside push from this level in the past, and at this moment it seems like it may happen again. We should wait for the current 4H...
As you see in the 4H chart, price has made a symmetrical triangle pattern and is moving inside the pattern right now. Since the symmetrical triangles can be broken out to both directions, we should wait for the price to see to which direction it will break the pattern. After the triangle’s breakout, wait for the breakout and candle closure on the last major high...
CHFJPY-- A top-down analysis using fibonacci and support/resistance zones to identify a possible higher-low on a high timeframe uptrend. Critique my analysis! Like the idea and follow me for more day-trading perspectives. Happy trading, and good luck!
I am expecting major movements this month on BTCUSD! I am very excited to share my first analysis of March '22 on this particular pair. The price area shown in the chart is my current POI. I will be monitoring this level to see how price reacts early in the development of the new monthly candle. Target areas are fibonacci levels drawn on the 1M timeframe, and you...
Last week, after the war begun between Russia and Ukraine, we saw a significant rise on XAUUSD as a safe haven. Price had a significant growth around 1980 (approximately near to $2000 which is a strong resistance level and almost the highest price that XAUUSD has been ever met before). Since price approached to this strong resistance level, it started a drop....
As you see in the chart, price is moving in the ascending parallel channel and currently, it has been pushed to the upside after retesting the channel’s lower band. If price breaks the red resistance level at 4.515 and closes a bullish candle above this level, we can expect a rise on NG to the channel upper band. On the other hand, since we should always...
After a significant growth, price has started to do some rest and it seems like it is making a reversal pattern. There is a support zone around 1891 which has pushed the price to the upside in the past. If price breaks the yellow support zone and closes a bearish candle below this level, I expect a drop to 1877 which was a resistance level before and now has...
After a significant sharp fall, price has started a mild upside move on the bullish trend line. Currently, price has respected the trend line and is pushed to the upside after touching it, and the last 4H candle has been closed bullish. Since price is moving in the uptrend and failed to make lower lows, I expect a rise towards the last high at 14600, and in the...