Jerome Powell, chairman of the FED yesterday basically confirmed a May rate hike. But ask yourself seriously - Is inflation going to go away due to this? Will this save a bleeding economy? Gold practically called the bluff on FED's comments AND the rising bond yields. As you can see, post FED meeting we have the Gold keep the support trend-line since the start...
Note that we have a few market moving events today : - Jobless claims - ECB & FED chairs speaking (Powell, Lagarde) It's important to emphasize, such events have a tendency to be volatility triggers, it's much less important what is said and done - Majority of impact is volume and technicals. Volume because everyone is trading and there's big swings and...
A wall of text would do you guys and gals no good.. so let's jump to business! 1) Higher lows on short-term and longer-term time-frames. 2) Big triangle consolidation on 4H chart marked with arrows on highs and lows. 3) Around current rates (41,600) is an important resistance (triangle consolidation top) - Once surpassed, the next level is (43,300) - A break...
Guys and gals, let's shut down emotion and think. Connecting higher lows since the beginning of 2022 show strong support between 1935-1940. Is there any fundamental change to what is going on for the last 4 month? Is inflation gone away? Is certainty back controlling the market? If the answer is NO, why would Gold break down this significant level?...
1) The breakout above the down trend-line starting from the highest high , when the price went above 101, marked the beginning of the movement we've seen so far (+$8). 2) There's 2 technical scenario playouts: *Break above 108.20 with a 4h/1d close - 113.40 to 114.64 may be reached in the very short-term *Break below 104.50 with a 4h/1d close - 97.90 to 93.20...
Let's preform a quick surgery on the Gold's chart ;) 1) Gold broke higher than a big weekly triangle consolidation on 8th of April 2022 once price surged above 1945 and confirmed with a close above. 2) Another consolidation in the shape of a wedge took place between 8th of April 2022 to 12th of April 2022 until price surged above 1960 and confirmed with a close...
Pennant formation. If daily Candle confirm a break to the downside we can confirm a new bearish wave. 4H pennant formation.
that's why always we say take profit around the resistant levels , we got rejected near our RS 23$, and we didn't hold this time our SP , which triggered the price to go further down .
Today we had a chartbook daytrading signal using the Bouhmidi-Bands. After testing the lower Bouhmidi-Band the market directly reversed to the upside into in BB-Bandwidth....
SOPA ready to pump again almost 50% if we hold our support above the 16$, that will squeeze the price till the next resistant level around the 23.98$.
$AMD Trade Idea Watching $AMD over Friday's hi's. Had relative strength Friday and held up nicely during a nasty day with the news on the new virus out of Africa. I'll be waiting the first 30 mins of the market open to see what the market gives us but if we can get a bounce on the Q's I will look to enter this Trade. $AMD Entry: 158 Targets: 159.50, 160.50, 62,...
Hello all! Our first trade for the week Let me know what you think in comments don't be silent..🔥🔥
Don't take all profits on TP.. GBPUSD today's trade.. a bit of a scalp.. but it is ok Don't take all profits on TP .. take 2/3 and move stop to entry...and wait..
BINANCE:ICXUSDT [/symbol; ICXUSDT looking good for a trade to the upside after 50% Fibonacci Retracement took place and rejected S&R Levels by Respecting the Trendline Target 2.180 *Please take note this is not Financial Advice and is Intended for Educational Purposes Only!
Hey tradomaniacs, welcome to another free trading-setup. AUD/USD: Daytrade-Execution Notice: All trades involve a higher risk ahead important upcoming events! Only execute if you are accepting a high risk due to possible volatility! Market-Sell-Order: 0.72520 Stop-Loss: 0.72600 Point of Risk-Reduction: 0.72450 Take-Profit: 0.72225 Stop-Loss: 8 pips Risk:...
Hello everyone, hope you are doing well. Welcome to another trade setup as a part of "Aglogains - Daily Trade Series". On the 1H timeframe we also see a three wick rejection, the price tried to break bellow 3090 3 times and failed to sustain the move. My entry is on the 1H timeframe, after I observed a double bottom with a bullish confirmation. Entry -...
Hello guys, there is an ascending triangle in cake/usdt 15 min. If the price breaks the resistence of 14.063 we have to be alert and enter with this parameters: OPEN PRICE: 14.175 (YOU CAN PUT A BUY STOP ORDER) TP: 14.806 ST: 13.752 RATIO: 1.5 I will publish the result in a few hours. lets do this guys
I have a number of stocks that benefit from any U.S. negative geopolitical sentiment. Here is one with a possible bull flag.