EUR/USD at a 23 year pivot lineThe Euro dollar has reached a critical long-term resistance level between 1.1050 and 1.1075. This area marks the 23.6% retracement of the entire downward move from the peak in 2008 to the low in 2022. It is also where the previous long-term uptrend, dating back to the low in 2000, intersects. This intersection is expected to serve as strong resistance.
Considering the daily Relative Strength Index (RSI), which indicates a loss of upside momentum, it would be reasonable to expect some profit-taking at this level.
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The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Markets
how 7-star buy and signal worksbuy when you get a buy signal and sell when you get a sell signal. if the candle passes sell signal then yoou have to buy again and sell at the next sell.
SYN is a fine example how our buy got detected on a bullish sentiment and you can see now buy anywhere and it's happeing on a 15 min candle
I recommend the next buy if there is a break at 0.95 and above.
Crypto trading is highly volatile. Trade with caution. DYOR
Bitcoin stuck for now, but should hold support on dipsDisclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
¡¡Lots of liquidity below and bulls waiting for a big drop!!Hello crypto community! The bullish outlook is present after the monthly close above 28k. The healthiest thing for the price and the movement itself is to retest the level between 24.5k and 26k as support to find the necessary liquidity to break through 28.8k and go in search of the 34k target. Although the price remains above 28k with some spikes below, we see a clear bearish divergence on the daily chart which is totally normal after the rise from 19.5k. Level representing the shoulder of a bullish reversal HCH. At some point, the price is going to have a strong fall and it will find a lot of liquidity that will create a strike in the daily candle. It is only a matter of being attentive and patient for this movement to occur and not be tempted by market noise when the price is lateralizing. This is not investment advice, good trades and profits!!
SP 500 where next ?Good day everyone.
well as you see in charts if USA and other big players haven't found any way out for current political and financial issue, we will see a capitulation on Stock Markets
specially in USA .. so be careful.
so next target will be at 2000 pts area which will be marked technically in Elliot Wave Structure WAVE C !!!
More Geopolitical and Financial information would help you to understand current world financial tension.
inflation rate:
The inflation rate in the United States has been on the rise in recent months, reaching a 40-year high in November 2021. The consumer price index (CPI), which measures the cost of goods and services, increased by 6.2% year-over-year, the highest rate since 1982. This is largely due to supply chain disruptions, labor shortages, and high demand for goods and services.
Effects on the S&P 500 Charts:
Inflation has a significant impact on the stock market, including the S&P 500 index. The S&P 500 index is composed of 500 large-cap stocks, and its performance is often seen as a reflection of the overall health of the US economy. As inflation rises, it can lead to higher interest rates, which can negatively impact the stock market.
One way inflation affects the S&P 500 is through its effect on corporate earnings. Inflation can increase the cost of raw materials, labor, and other expenses for companies, which can ultimately lead to lower profits. This, in turn, can lead to a decline in stock prices and a drop in the S&P 500 index.
Moreover, inflation can also affect investor sentiment and market volatility. As inflation rises, investors may become more cautious and less willing to take risks. This can lead to increased volatility in the stock market, with larger price swings in both directions.
Conclusion:
In conclusion, inflation is a key economic indicator that can have significant effects on the S&P 500 index and the overall US economy. As inflation continues to rise, it is important for investors to pay attention to its effects on corporate earnings and investor sentiment. Understanding these dynamics can help investors make informed decisions and better navigate the current market environment.
it is important to note that predicting the future movements of the stock market can be challenging, as it is influenced by a wide range of factors. However, it is clear that the current inflation and other political and economic tensions are likely to continue to have an impact on the S&P 500 index in the coming months. It is important for investors to stay informed, exercise caution, and consider diversifying their portfolios to mitigate risk.
ES Quarterly AnalysisES now at pivotal area, 50% retracement of the down move at $4201.75.
Staying neutral while paying attention to internals, news and data releases I believe will be just as critical as ever when attempting to risk in these markets.
Strong candle formed buying all previous quarters selling from highs, so I do think there's potential for continuation to the upside.
Looking At BTCI shared this the other day but, i was just looking at it more and mapped out my next move or I should say what I could see happen with Bitcoin and POIs. What are some thoughts or ideas? Cant ignore the giant red flag. Historically It hasn't done so well at this trend line. Macd still bullish but we could see some more constriction before the next move. Thoughts Please.
BlackRock says the market is WRONG ....The World’s Biggest Asset Manager With $9 Trillion AUM, BlackRock are saying that the markets Are WRONG By Pricing In Interest Rate Cuts. There is a divergence between what the Fed is saying that they are going to do and what the markets are pricing in terms of interest rate bets. The Fed is saying “We aren’t going to cut rates”, but the market is focusing on the banking crises and thinks that will force their hand.
BlackRock says the market is WRONG and they don’t see any rate cuts this year.
I think the US 10Y Yield bounced off some key support last week down to 3.25 and currently the market is side lined. There are some very clear levels to watch on the US 10Y yield. But while above 3.25 the longer term up move for the US 10Y Yield is intact and only a close below this level would trigger a correction lower toward 3.00 and 2.80.
#banking #banks #economy #invest #investing #finance #trading #economics #markets
Serious Concern for Global MarketsAll four of these charts represent not only their own value, relative to the dollar - but also the general health of their local economies. So what are we looking at? Upon closer examination, we can see identical bearish price action in all four charts. As such, we can assume that bearish price action (weak demand) among these asset classes, is implicit of some kind of adverse underlying economic "condition".
This new "financial crisis" is no coincidence.
Be careful out there. Stay low and move fast.
God Bless!
DXYHi guys what's up?
I want to tell you something at first BE PATIENT. its extremely important in all markets and it doesn't matter what market you are trading and how much money do you have.
okay lets talk about DXY I have posted an analyses about it and I had a resistance zone and it has been touched very nice and now I thing it can fall till the support zone in the picture.
Here is A cluster of fibs and another thing in price action technique.
I hope that it be useful for you please like and shear it whit your friends.
DONT FORGET TO FOLLOW AND LIKE THANKS.
Gbp\Usd. BuyHello everybody!
Let’s consider on a weekly ranges, the price impulsively returned to the flat from below (Flat borders are 1.20300-1.24000) have already retested the lower inner border of this flat. Margin analysis is long. Going down to the hour timeframe, you can see that the price was also in a flat for quite a long time (1.19400-1.21800) yesterday the pound went up from this flat. On the retest of the border, there is a serious supply-demand level (1.22050-1.21300), the Dpoc of the entire uptrend is right there, and the most traded levels. Here, using a pattern and filter through volumes, I will look for entry points to buy, the range for searching is 1.21750-1.21900. Also from the range of 1.20500-1.20600 (i.e. a bit lower) I will look form the entry points to buy, using the same tools- volumes and a pattern.
btcusdtBased on my analysis of Bitcoin price movements, I anticipate a potential decline in value that may occur in three distinct waves from current levels. However, I see this as a potential opportunity to purchase Bitcoin at a lower price point, specifically during the completion of wave 2 from the previous bullish trend. In other words, I will be looking to buy Bitcoin at a discounted rate during this potential dip in order to capitalize on its eventual recovery and future upward trend.
#Bund market is completing a falling wedge #reversal patternJust wanted to highlight the falling wedge pattern on the bund (#reversal) that we noted on Friday will complete on a close above 137.25, however given the move this morning we will just go with it. It offers an approximate 147 upside measured target.
Near term #resistance is 140.63/85 - the 23.6% retracement of the move down from December 2021, the June 2022 low and the January 2023 high.
#markets #trading #investing #technicalanalysis
Disclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
ROAD TO 30K LETS GOThis week, Bitcoin has led the recovery in cryptocurrency markets.
The Fed's indirect monetary policy expansion has increased demand for riskier assets, which has benefited Bitcoin.
The following resistance levels for BTC above the current price levels are $26,750, $27,500, and $28,730.
This week, Bitcoin has been on a steep upswing, leading the cryptocurrency market rebound as the potential of the US banking crisis becoming a worldwide concern is priced in.
As the Federal Reserve decided to tighten monetary policy in November 2021, cryptocurrency markets began a long-term decline from their heights. The events of this week have contributed to a rally.
For the first time since 2008, the US Federal Reserve purchased the failed Silicon Valley Bank and Signature Bank bonds before opening a discount window for struggling banks.
As a result of the bond purchases, the Fed's balance sheet increased by nearly $300 billion, according to figures released yesterday. The demand for hazardous assets surged due to this indirect monetary expansion.
On the other side, following the bank collapses, demand for cryptos, particularly Bitcoin, increased. Withdrawals to external wallets have also increased dramatically.
BUY BUY BUY BTC -Hand over fist This is a long term 5 year call on BTC direction. While there remains the open possibility of one more downward thrust to $18,750 and perhaps a flash to $13,750, the majority of the bear move has been priced in, and time is now on the side of bulls and the long side. Most of the time in the next 5 years BTC will be higher. I believe significantly so. The Reason : Implosion of International Banks and Payment systems world wide. BTC will be like Zoom Inc. was in the pandemic. It will find its new use. When payment systems collapse, new ones emerge. $35,300 within the next 1 year. And $87,500 in the next 5. ( or sooner)
GBP/USD Short - MARCH RECAPA+ setup with GU
Strong support zone between 1.21497-1.21448 ... monitor P.A
If 30m candle is an engulf will have to exit and manage loss accordingly...
Play wise, price created a low and RT, found EMA R and bearish pinbar by London open indicating downside momentum !
Larger than average RR - 6.8
Bitcoin Long IdeaHi Traders!
As Bitcoin has been trending lower and all my short profits have been locked in on the coin, I have decided to look for a long entry. Be careful with this trade, we are currently trading in the same direction as the legacy markets, we could see a further downside if stocks crash.
Here is my game plan for a potential entry:
- Bitcoin needs to recover above 20k and consolidate
- We need to reclaim 20300
- Small consolidation @20300
- Entry once high on lower timeframes (>5 min timeframes) has been broken
- T1 21k
- T2 22k
- Stop: 19200
The beautiful thing about being right in trading a direction, it helps you to understand when to reverse your position to enjoy the upside.
Before entering this trade, make sure that you manage your risk carefully, and make sure to leave me a follow on Tradingview for more trade ideas.
Best
CH
London Session Analysis; USDCAD, GBPUSD, EURAUD & CADJPYUSDCAD
We anticipate a bearish action, expect the price to approach the (1DL) if it breaks below the low of the Tokyo session.
GBPUSD:
With strong volume and momentum driving the price higher, we recommend looking for opportunities to buy on pullbacks until we see a structural failure. Any sell-off without a structural failure is a potential buying opportunity.
EURAUD:
Currently trading below the London session's value area low, there is a possibility of a retest of the high, which was a high volume high. The best approach would be to buy in the event of a failure to make a lower low (LL).
CADJPY:
This currency pair can be tricky, but our overall strategy is to buy the dips and sell low volume rallies in CADJPY.
Bitcoin Macro outlook 2023 . . .. . . and why is wise being Bearish on Bitcoin & crypto at the moment.
Hi everyone ,
I make this super simple, so it even looks stupid.
1 Month Time Frame
We see that after peeking at 69k price reversed and our modus operandi is sell to buy to sell .
Meaning, we have large sells followed by buying just to proceed next large sell once price is elevated.
This MO taking between 2-3 months in each shift.
We already had our upside move in 2023 = price are elevated...
... global macro economy outlook is not so great either with high interest rates & inflation & situation between Ukrain- Russia not bringing any stability into west world either.
Monthly candle close at around 15hours.
If closing price is lower then 23315.95$ odds are highly shifting to favor further *selling
TLTR: ´ We are up a lot from bottom, if we close under 23315,95$ on 1M, we have high probability that it will go to seek other end of liquidity upcoming months´
Joe