Update
BTC BearishOn the mid-term I STILL believe that we will eventually reach our longs entry at the price of 17600, since the PUMP, Rally, base theory is still valid,
We have got shorts order on the base, many people will think that it's over and we're going up, but I believe that mid-term sellers will take the price down from there, don't forget that we're looking on the 4hrs/1d timeframe on this play. So they can buy from a lower level, don't forget that the people who want to take the price down, are the same people who want to take the price back up in the future, we always want the best entries, I believe that after this mouvement up, there is still a one final mouvement down to pick many orders in that level, we will see what happens next.
OLECTRA is forming triangle patternNSE:OLECTRA small cap e-bus stock is forming triangle pattern.
EV related stocks with strong financials are good to average at every dips and wait for good up move on a relevant news.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- According to the analysis we gave the previous day, the AUDUSD DOWN SIDE WAVE has been DOWN about 60++ PIPS. We hope you get it anyway. It is still moving DOWN SIDE as we have given.
- Currently the MARKET SENTIMENT for AUD is on the DOWN SIDE. There is currently a DOWNSIDE BIAS for AUDUSD due to RISK OFF. The main reason for that is because of MARKET RISK OFF, STOCKS and COMMODITIES MARKETS are currently going down a bit. It is heavily influenced by the Australian dollar.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go down to 0.6364 LEVEL. And after that, AUDUSD can be BUY to the 0.6766 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. For that, the MARKET STRUCTURE should be BREAKED..
NZDJPY Short Term Sell Idea Delivered 200 Pips Move!!!In NZDJPY short term sell idea post, I mentioned that "Price is bouncing lower from a key resistance zone on the H4 chart, in addition to this we also had a bearish divergence and lower lows based on the MACD indicator. On the H1 chart, we had a bearish trend pattern so until the key resistance zone holds, my plan here is to sell pullbacks in the short term".
The price action followed my analysis and moved as per the plan here. The pullback that I was looking for happened and then the price moved lower further and has delivered 200+ pips move!
Note: Currently we have a bullish divergence in play, so if you are still involved in the sells then this is a good place to consider managing your trade and secure your profits (cash out or partial cash out or trailing protections or partial hedge, etc.. depending on the strategy that you work with).
Original Idea
XAUUSD 4H TF UPDATEOn the 4H TF, we are currently below 38.20 % of the Fibonacci Retracement Tool so it's better to look for buying opportunities than selling. There is a big possibility to reach the 78.60 % level of the Fib as there lies a lot of Order blocks to fill the order and violate the 4H swing low which is 1654.25
GBPUSDGood news is that we are in profit and bad news is that a new level is forming.
According to my experience and long-term back-tests, we better to stay in the trade and the probabilities of breaking of the level is a little more higher than reversing from it in these cases. (Considering trend, formerly levels)
BTC TO 21K, 22K AND 24K LEVELS !!!! First look at the elliote wave (1D Time frame)
according to that we will going 24k
Than we can see a stong support level of 19400-600 and 18500 - 800
these are the strong support level which btc will not break and we will see a good pump from here (4h time frame)
Now see that small green trendline at bottom thats according to 1 h time frame we are having rejection from that again and again
currently we also see a rejection from there and it bounced back from there.
Conclusion::
we are going up
There can be a max micks to 18400 - 18600
U can take a small long positon of 5 10% your portfolio tps 21k 22k 24k
BTC/USDT NEW UPDATE 🚀Hello, I'm back 🌝🖐
By hitting the $21,700 resistance zone, Bit lost its upward momentum. I was waiting for a negative reaction from him yesterday. But I did not find an attractive reaction that would make me want to think about selling. In fact, according to the current trend, if Bitcoin manages to stabilize above 22,400. It is expected to advance to the range of $23,100 to $23,630. Otherwise, if it fails to stabilize, I will look for attractive negative signs.
Goodluck🌟
BNBUSDT we can say we have an early indications of breakout for BNBUSDT as well, as you can find in graph bulls attempt to breakout the falling wedge opposition on numerous occasions which make it more fragile yet the volume is still low
In the event that the breakout at last done effectively major areas of strength for with , we will search for $279.69 and $300 as a momentary focuses for bulls
Invalidation:
Assuming that significant supply broken bears will lead the market towards the green level or even new nearby low
What is your take on BNB?
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