XRPUSDT : Bullish Flag Continue patternBINANCE:XRPUSDT
Hi , Trader's .. As you Can see Market is Trading In Bullish Flag pattern
price can touch support zone and can retest upper resistance level
breakout of upper trendline will make it bullish again
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Retest-structure
Gold Breaks Resistance, Tests Support at 1847 for Potential PopGold has recently broken through a key resistance level and is currently being tested as support near the 1847 level. With a potential drop in the USD on the horizon, this setup is looking bullish for gold. If the current support level holds, traders could see a rally back up to 1870 for this precious metal.
AUDUSD I Scalp and intraday buy from supportWelcome back! Let me know your thoughts in the comments!
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(KISS) -> Keep it simple stupid !Nifty was in a bullish movement and consolidated in the range of 18604.45
and 15183.40. Then an impulsive move started from 15183.40 to 17838.90
and Nifty got resistance from the above trendline. Then nifty broken it through
breakaway gap. That Gap is being filled and retesting the support of the buyers
at the trendline. If retest find support it will further resume its primary trend.
That's it. Watch for 17750.
DXY TVC:DXY
English:DXY for me right now is at a point where I woulnd't enter yet. I would wait until it makes a clear move above or under the major level (104.00), wait for a retest and then enter when it gives me a clear candle.
Deutsch: DXY ist für mich gerade an einem Punkt, an dem ich noch nicht einsteigen würde. Ich würde warten, bis es eine klare Bewegung über oder unter das Hauptniveau (104,00) macht, auf einen erneuten Test warten und dann einsteigen, wenn es mir eine klare Kerze gibt.
DXY - US Dollar Collapsing!!!?The DXY tracking the USD Currency is currently taking a massive hit while stocks surge on CPI data.
Generally, the DXY tends to move inversely with the Stock Market overall and is a good place to find resistance and support levels that are hidden in the Stock Market. (As DXY Finds support, stocks hit resistance; vice versa)
Recently the US Dollar Index has taken a massive hit after a yearlong nonstop Rally. For the First time, DXY Is breaking down thru major moving averages carrying the move this year.
The Dollar is finally seeing a larger size pullback.
We are diving in to the technicals here and seeing what may be in store next for the DXY
Technicals :
We have 3 major things in the chart outlined here.
- A 2 Month Long Flag the Chart was printing, that just broke below out of.
- 2 Different Trendlines from earlier this year, drawing the runup up.
We just broke all 3 of these in one day. A Retest of the Lighter Yellow Trendline did occur today, as you can see we got a wick-up & a rejection from the level, sending the stock market higher on CPI data.
Looking for further retests are key here, and whether or not the market rejects or the dollar retakes these levels.
Overall This Breakdown looks very bearish, and looking for retests seems to be the play.
Momentum :
Daily : Bearish Momentum Extending, possibly overextended.
Weekly + Monthly : Bullish Momentum from 2021 finally fading, and showing signs of a flip to bearish Momentum (TTM_SQUEEZE)
Thesis : bearish & looking for retests and sideways action after a drastic move.
Similar applies to the TNX and other Treasury Yield-tracking ETFS
GBPJPY I Headed up from support!Welcome back! Let me know your thoughts in the comments!
**GBPJPY - Listen to video!
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EURJPY I GAME time! Long from SupportWelcome back! Let me know your thoughts in the comments!
**EURJPY - Listen to video!
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Daily chart perspective on GJand GU similarlyThe daily time frame seems to be painting a skew double bottom, as price did in the 4hr time frame on the 28 September for the midweek reversal. Price could go up strong from the current zone that its in, or it could come all the way down to test 154.756 to confirm a very big double bottom on the daily to give a strong push up. We are at a critical zone now, so trade carefully and look after your trades. I am in 100pips profit at the moment from the morning buy, so will bring trades to profit and monitor from there
GBPJPY Retest the resistance area +250 pipsWelcome back! Let me know your thoughts in the comments!
**GBPJPY - Listen to video!
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EURAUD It will fall from resistance Welcome back! Let me know your thoughts in the comments!
**EURAUD - Listen to video!
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SP500 INDEX PERSONAL ANALYSIS IN THE SHORT TERM (REVERSAL!)Overall evaluation of the SP500 is bearish within a 1-2Y time frame mini trend, but not on the grand picture. Greetings everyone, we dumped very hard this past few days but this is a sign of a potential reversal. The fact that the candle closed as a DRAGONFLY DOJI , this is a warning for all shorters to consider that the bulls are now entering the market. The proper way to trade this signal is to wait for confirmation on the next daily candle, but seeing as how
it is a text-book perfect dragonfly doji on any manual you can find, this is especially stronger in a daily time frame.
We will probably get rejected again on the moving averages after this mini-trend change. The catalyst for the mini dump we had today was a negative sentiment report from U.S. Michigan.
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TIP:
SP500 also had a reverse hammer on the hourly charts followed by a green candle -- also called as a bullish harami.
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AUDJPY It will go up from support Welcome back! Let me know your thoughts in the comments!
**AUDJPY - Listen to video!
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SOLANA PERSONAL ANALYSIS IN THE LONG TERM (EVENTUAL REJECTION!)The total evaluation for the Solana asset is bearish. Please be mindful that such price movements are subject towards closely to the US Indexes as well as any other major fundamentals in the economy. The SP500 and the NASDAQ are very close to their monthly resistances trendline and have a huge potential to breakdown even further. We can only push as far as 45$ in this degree with BTC having a maximum push towards 24,200$ -- no more than that I'm afraid. If for example we did have prices above 24,200 -- this is supported with low volume and bearish divergences which cannot be maintained overtime.
My suggestion and recommendation is to long for the short term only to consider short ultimately at a respectable end. I see a macro-consolidation for Solana with continuous lower highs and higher lows, risk management is crucial.
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