HelenP. I Euro can little correct and then make impulse upHi folks today I'm prepared for you Ripple analytics. Some time ago price declined to the 1.0830 support level, which coincided with the support zone, and at once rebounded and made a strong impulse up to the 1.1000 resistance level, but soon turned around. After this, the Euro made an impulse down to the trend line, breaking the 1.0830 support level, but in a short time later price rose back and even soon reached the resistance level again. Then price made little correction, after which the EUR continued to rise and reached 1.1130 points, breaking the 1.1000 resistance level, which coincided with the resistance zone. But soon, the price turned around and made a strong downward impulse lower than the resistance level, breaking it one more time. Next, the Euro some time traded near this level and later in a short time declined to the trend line. At the moment, the price continues to trades near this line and for my mind, the Euro will decline below the trend line and then turn around and start to rise. So, for this case, I set my target at the 1.0940 level. If you like my analytics you may support me with your like/comment ❤️
Long-short
Euro can rebound up from support line of channel to 1.0985Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support line of the pennant and made a strong upward impulse to the resistance level, which coincided with the seller zone, thereby breaking the 1.0930 level. After this, the price made little correction and then continued to move up to the resistance line of the pennant, breaking the 1.1040 level too. But when the Euro reached this line, it turned around and made a strong downward impulse lower than 1.1040 and 1.0930 levels. Also, the price exited from the pennant and later started to rise in an upward channel, where in a short time rose higher than the 1.0930 support level, which coincided with the buyer zone, breaking it one more time. Some time later, EUR rose to the resistance line of the channel and not long time ago rebounded down from it. At the moment, the Euro trades near the support line and I think that the price can fall to this line and then rebound up to the resistance line. For this case, I set my target at the 1.0985 level. Please share this idea with your friends and click Boost 🚀
GOLD - Price can exit from pennant and rise to resistance levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price bounced from support level, which coincided with support area, and declined to support line of pennant.
After this, XAU bounced from this line and made strong upward impulse to resistance level, which coincided with resistance area.
Price broke $1990 level, and soon Gold declined below this level again, but soon rose back, making fake breakout.
Then XAU rose to resistance line of pennant, after which price at once bounced and declined to support line.
Recently price bounced from this line and now Gold trades very near from resistance line of pennant.
Possibly, price can make little correction, after which it bounce up to $2085 level, exiting from pennant pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
HelenP. I Bitcoin can rebound from support zone and start growHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see how the price a not long time ago rebounded from the 42500 support level and made a strong impulse up to the 45900 resistance level, which coincided with the resistance zone. But soon, BTC rebounded and in a short time declined until to trend line, breaking the support level. Price at once rebounded from the trend line and made impulse back, breaking the 42500 support level again. Next, the price continued to rise and later reached a resistance level and even rose higher, thereby breaking the 45900 level. But soon, Bitcoin turned around and made a strong impulse down to the support level, breaking the 45900 level one more time and the trend line too. BTC first declined to support zone, but later bounced from it and started to trades near the 42500 level. Now it continues to trades near and I expect that Bitcoin can decline to the support zone again and then turn around and start to rise, therefore I set up my target at the 44500 level. If you like my analytics you may support me with your like/comment ❤️
HelenP. I After strong impulse up, Ethereum can start to declineHi folks today I'm prepared for you Ethereum analytics. A not long time ago price started to trades in consolidation, where it at once declined to the support zone, which coincided with support 2. After this, ETH rebounded from this zone and tried to rise more, but failed and fell back to this zone. Price some time traded in this zone and later ETH bounced from this zone again and rose to 2340 points. Then price made a correction to the top part of the support zone and then rebounded up to support 1, which coincided with one more support zone. After this price made little correction, rose back to this level and at once declined to support 2. Later price bounced from this level and soon made a strong impulse up to 2670 points, thereby breaking support 1 and exiting from consolidation. Now, I expect that Ethereum will make a correction, after a strong impulse up. For this case, I set my target at the 2530 level. If you like my analytics you may support me with your like/comment ❤️
Bitcoin(BTC): ETF Is Live...Will We Dump Or Pump?ETF is live, and billions of dollars have been going into the crypto trading markets!!
Although this is a huge milestone for Bitcoin, we are not so optimistic for bullish markets to start yet! - Yes, we now have big institutions that can buy in on Rypto, but would they buy in on such a high price?
With that being said, we are still seeing that downward possible movement to happen, which would go towards at least $34K zone (where majority of liquidity is currently at)
Currently, fighting over the FWB:48K zone price is not seeing any strength to actually pursue that FWB:48K zone as of now. Let's see...
Greed and Fear Index: Extremely Greedy / 76
BITCOIN - After downward impulse, price can rise back to $45000Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
When price bounced from resistance level, which is located in resistance area, it started to trades in falling channel.
In channel, BTC declined to support level, which coincided with support area and even soon made fake breakout of this level.
After this, price made strong upward impulse from $42000 support level to $45900 points, breaking $44000 level and exiting of channel.
Later, BTC started to decline and fell to $41000 points quickly, breaking the $44000 level again.
Recently, price rose higher than support level and soon bounced from this level to resistance line, where it trades near now.
Possibly, Bitcoin can continue to move up to $45000, breaking resistance line and level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BAKEDOWN (Extremely Bullish)This is an amazingly bullish scenrio right here
these tokens are new and you can't put sell or buy orders larger than .5% from the current price leaving there way less support and resistance.
A traders dream!
What will be next for gold?This week i adviced to keep selling under 2070 big resistance after confirmation. Although we got some rejections bulls manage to push back to the resistance zone. I told everyone the moment 2070 breaks with confirmation we need to add buys. SO eventually gold broke 2070 and i instantly change strategy to adding buys. WE took great profits from here.
In the bigger picture we had 2085 wich is resistance in smaller timeframe(M30 and H1) Went short but missed our TP by 20 pips. For know 2085 up to 2090 is resistance. If we break above there is only 2100(Psycological resistance) and 2150(Last known high. So that said there isnt much resisance for gold.
Either expecting a pullback from here back to 2070 support. We can buy from here again. Or wait for the drop to 1 of the support trendlines.
I am not willing to sell gold yet. We need proper confirmations, because were trading against the trend...
Resistance: 2085-2090, 2100, 2150
Support: 2070, 2050
BTC TO 100K ?? NOT HAPPENING !!Price is in premium BPR (balanced price range) and breaker block .
If it closes below the marked recent bullish FVG (fair value gap) , its going to go to equilibrium of the range at TP1 , put the trade on BE if your on a short here .
If it takes support here , you can buy here as its the equlibrium . Then price is most likely to make all time highs .
if it doesnt doesnt take support at the marked area , there you go farewell btc ...
18/12/23 Weekly outlookLast weeks high: $43813.15
Last weeks low: $42006.79
Midpoint: $40200.42
BTC spent the previous week chopping sideways for the majority after failing to continue its bullish structure on the 1h timeframe. For now we're seeing a pullback of ~10% which has allowed profits to rotate into other areas of the market, predominantly smaller cap L1's and other narrative plays such as AI, RWA & gaming coins.
The market has needed a pullback/correction after near relentless run. As we near the ETF approvals and the halving volatility will only increase from here. Buying double digit drawdowns on these projects and holding long term is a good way to DCA in for this Bullrun. see my last post for the big picture Bullrun setup.
If we see price drop before weekly low and print a new lower low the next support is 38K and 32.5k lower than that for great long term entries.
Sell Target at 43k & Buy Target at 13kLet’s see how this long position unfolds!
Only 4.2% of my time is spent on taking action, the rest of 95.8% are spent on waiting, planning, testing, reviewing, assessing, studying, etc...
So now ask yourself a few questions:
1. How much of a portion of your time is spent on taking action?
2. How often do you over-trade OR revenge-trade?
3. How does impulsive trades affect your consistency?
I believe the best Traders have the highest ability to sit with their hands.
The ability to look at a high volatility market environment and say "no", and yet only focus on your plan should be the end goal of us as a day trader.
There are countless of market opportunities everyday, but how many of them are meant for you?
DXY Analysis - Monthly & Weekly Timeframe (ICT Concepts)Reacted BEARISH off of PREMIUM with hard displacement.
Now looking BEARISH at DISCOUNT zones.
3W candle closed below a Bisi 3W, but reacted off of lower Bisi 3W. Based on this timeframe, I want to see if price wants to move towards the higher disrespected Bisi 3W and then react bearish. That disrespected Bisi 3W is almost a 1M Bisi. It would make the most sense that if price were bearish is for it to come to a PREMIUM zone for that swing range into the Bisi 1M (BPR) before heading lower.
The bias is not concreate at the moment, so be wary of any change in narrative during high-impact news drivers and the general structure on lower timeframes.
Lower timeframe may present long opportunities to this shorting POI, but price may create a Sibi first.
- R2F
EURUSD 3/12/23Euro to the US dollar being one of the only pairs that looks like it may be difficult this week the reason for this is we are still within a strong bearish range when overall the narrative we believe is going to shift bullish we'll monitor this over Monday session to see how it shapes up in comparison to its correlated pairs overall I believe the swing high is going to be taken and we will align with the other US dollar secretary pairs everywhere.
Montly candle closure! In a couple hours we will have montly candle closure. GOld is forming new grounds. If we look at the montly timeframe, notice that al the previous montly candles closed below 1993. This will be the first time a montly candle closes above! This indicates strong support will create around that level
SO what does this mean, what is next for gold?
Today 2050 was the zone i adviced to short the market. Sellers will try bring the market down before montly candle closes. From 2050 gold fell as low as 2030(200pips) My view is 100% bullish. After a correction the next bull wave will start. I am aiming around 2022 zone to go long or 2005 zone. With targets 2048 and 2067(around ATH). We can expect a good rejection around ATH like 3 times in the past, but this time i think it will be different rejection. Not as powerfull as before. In the long run 2070 will break and gold will move in a complete new area wich has never been seen before.
In the past we had 3 times testing the ATH zone off approx 2070(tripple top) In the near future we will see new ath 2100+
*The given long posititions are indications not signals.
Resistance: 2050, 2070(ATH)
Support: 2030, 2022, 2005, 1992
NAS100 19/11/23Nas100 we are within a bullish range looking for longs overall expecting price to go to the h We have highlighted as SWH Looking for a pullback because we have no poi within this range I wouldn't be surprised if we liquidate our low giving us an entry model for long from the swing low.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!