BTC/USD Analysis (03-Nov-24): Sentiment: Bearish Current Range: 68,336.16 - 71,636.16 Target: Anticipate further decline to 62,434.50 due to weekly liquidity sweep.
**US30 Sell Signal Identified:** RSI shows divergence, indicating a potential drop. Sell if it retraces to 40,891 or 41,208, managing risk, with a target of 39,393.08.
Gold will retrace to 2471, a prime selling point. RSI shows divergence, and it broke structure after the July 2024 all-time high. Targeting 2424. Trade smart! 💰
Gold retraced 2392.84, it presents a potential buying opportunity, with a view to potentially setting new highs. Alternatively, if gold breaks above 2438.63, it could signal a buy with potential for new highs. Otherwise, the current stance suggests a cautious buying approach until clearer signals emerge.
The NASDAQ analysis indicates a sell signal based on technical indicators. NASDAQ has broken its structural support, and the RSI (Relative Strength Index) shows divergence, suggesting a potential retracement. If it retraces according to the H1 zone, it may target around 19,760.
Buy Price: $2,330 Rationale: This price level is identified as a strong support level, meaning that historically, the price has tended to rebound when it reaches this point. This makes it a relatively lower risk entry point for buying gold, as the likelihood of the price increasing from this level is higher. Sell Price: $2,400 Rationale: This price level is seen...
Dear Traders, A notable opportunity is unfolding in GBPJPY, signaling a potential sell-off. The bearish divergence in the RSI is a strong indicator supporting this view. To maximize profits with reasonable risk, we recommend considering a sell position with an eye on the retracement. The safest entry point appears to be at the 50% market breaker block. Taking...
Dear Traders, In a nutshell, our analysis points to a bullish trend in gold. Two upward order blocks, a bullish divergence in the RSI, and two successful breaks of the strike all indicate a positive outlook for gold. Considering these factors, we recommend taking partial positions patiently, aligning with your estimated risk levels. Stay vigilant and capitalize...
Dear Traders, I hope this message finds you in good health. I wanted to share a brief analysis indicating a potential short opportunity in crude oil. The Relative Strength Index (RSI) is currently showing a bearish divergence, signaling a possible reversal in the prevailing trend. Additionally, we have identified two order blocks below the current price,...
"Observing a bullish sentiment in JP225 with a potential market structure shift. Considering entry aligned with Fair Value Gap (FVG), setting stop-loss below recent swings, and eyeing recent highs for profit-taking. Trade cautiously, manage risk. #JP225 #TradingStrategy 📈✨"
"Gold's chart signals a potential bullish trend ahead. Consider calculated entries, manage risks, and aim for profits. Stay vigilant and trade wisely!"
HTF viewpoint I plan to sell audusd because it crosses the supply zone, precisely hits the order block and fair value gap, then moves back towards the demand region, based on my findings.
Looking for a one-hour time frame to sell EURUSD. The frame trend is bearish. There is a fair value gap in the supply area. The price should reach out sooner rather than later and return to the demand direction. #MWK_294
Looking for a one-hour time frame to sell GBPUSD. The frame trend is bearish. There is a fair value gap in the supply area. The price should reach out sooner rather than later and return to the demand direction. #MWK_294
1st Bias Owing to the conflict, gold will retrace a little, rise sharply, and reach an all-time high. 2nd Bias Because there are so many impulsive purchases made here, there needs to be order completed because eventually the price will return and fill the two below zones.
Eu buys the best potential close to the h1 zone and then does a measured risk transaction, although retracement is key in the h1 zone.
Best Buy possibility Gold will retrace neat the h1 zone, therefore buying is more strong than trading because of the conflict scenario between Palestine and Israel.
Dear Gold Traders, In the wake of intensifying global geopolitical tensions, it's evident that the gold market is poised for an unprecedented rally. The compelling confluence of factors, including heightened uncertainty and market instability, have set the stage for an unmissable opportunity. Here are some key points to consider: **1. Geopolitical Unrest**: In...