we see a clear tripple top on solana. i expect the price dropping to aroung 81 $ in the next few weeks. this is my setup for that trade. please leave comment below what you think. happy trading guys.
The USD saw a sharp reversal higher despite a 50bp cut, simply because the markets were positioned for a more dovish dot plot. I have argued in prior analysis the USD exposure is a bit stretched over the near-term, so perhaps shorting the USD is getting a bit stale. We also have several key markets at inflection points after a risk event. Matt Simpson takes a...
Daily Chart (Left): Double Bottom Formation: The price has formed a double bottom pattern near the $85 level, which often signifies a potential reversal point. This suggests that there might be bullish pressure accumulating at this support zone. Gap: There is a clear gap in the price action from July, which could potentially act as resistance. Gaps often...
Firstly a big thank you for taking me past the 10k likes on Tradingview. That’s a great milestone and tells me the ideas must be appreciated. If it is okay with you I’ll continue to share them freely. As a thank you for taking my ideas past this milestone I want to share the idea that will challenge 95% of those reading. You will just not believe what is about to...
After seeing GU close back below 1.32500 after tje FOMC new release, we could expect a further push to the downside as the pair also traded below a trendline are of resistance but in the mean time buyers are still in control of the market and the best thing to do now is wait...
Let's Looking at BIG Movement of Price and Continue Reading Price Actions, Good Luck With Your Trades <3
The big day has arrived: the first Fed rate cut. The burning question is, will it be 0.25% or 0.5%? In recent days, the markets have been leaning toward a 0.50% cut. Could this be the catalyst for a breakdown below the critical 100 level in the USDX? Let’s break down the charts and find out. Looking at the weekly charts, the 100 level has been a solid support...
Good morning, traders! I'm excited to share my Nasdaq trading zones with you today, packed with potential trading opportunities. Dive in to uncover valuable insights for opening positions, but remember, these are merely guidance - not signals. Use them at your own discretion and risk. Happy trading!
💹 👁️ Outlook 30m Context Time Frame: Price has been accumulating during Tokyo and London session. I want to see soome London lows be taken before the next run up for a continuation since I believe price is a bit overextended. Daly Bias: Bullish Keeping an eye on this. 👁️
Good morning everyone. Kindly find my trading zones for trading opportunities on Gold today, I hope this gives you some position opening insights for today. Remember these are not signals and you use them at your own risk.
Trade Setup: Entry Price: 2.232 Profit Level: 2.632 (17.92% gain) Stop Loss Level: 2.156 (3.47% risk) Risk-Reward Ratio (RR): 5.26 The setup is supported by fundamental factors like seasonal demand for natural gas, and potential supply constraints. Price level 2.232 represents a support level and the profit target of 2.632 is (17.92% gain) aiming for a key...
Gold has been rallying to new highs recently, and now some traders may think silver can play catch up. The first pattern on today’s chart is the pair of converging lines this year. Notice how XAGUSD has been pushing against the upper line since Friday. That may be viewed as the start of a breakout. Second, prices held a peak from late August. Old resistance...
EURGBP may rise now. BUY now SUPPORT is between the price of 0.84282 and 0.84185 ENTRY POINT :- 0.84250 (buy immediately within support area) TAKE PROFIT :- 0.84414 STOP LOSS :- 0.84159
The NZDUSD pair is showing bullish potential due to several key factors. Recent US inflation data came in softer than expected, which could lead to a more dovish stance from the Federal Reserve. Additionally, the Fed's recent interest rate cut is likely to weaken the US dollar, benefiting the New Zealand dollar. These factors, combined with NZDUSD's positive...
I think we can set an order in this area. Lets see what happens...
Pair AUDUSD Wed 18th Sept 24 NY Session PM 4.00 pm (NY time) Entry 1Hr Structure 4Hr Entry 0.67607 Profit level 0.68038 (0.64%) Stop level 0.67526 (0.12%) RR 5.38 Buyside trade
H4 Analysis: Intraday analysis/bias remains the same as yesterday's analysis dated 18 September 2024. -> Swing: Bullish. -> Internal: Bullish. As mentioned on 13 September 2024, price to indicate pullback by printing bearish CHoCH. Current CHoCH was significantly positioned away from price therefore, price could print higher-highs to bring CHoCH positioning...
Overview: Thank you, mighty Lord Jerome, for the pump! The Fed under-promised but over-delivered with a full 2 basis point rate cut. Looking at the 15-minute BINANCE:BTCUSD chart, when the decision was announced, the price spiked by just 1.7% before correcting. However, at 7 a.m. Shanghai time, four hours later, the price started to pump and has now broken the...