We looking for short term sells and long term buys as we are still inside the bullish momentum however the market is now respecting the ceiling zone resulting in short term correction sells to the downside followed by impulsive buying opportunities if the market respect the uptrending support|4H TIMEFRAME
The overall trend of bitcoin is down, and it is expected to fall to 53K If we look at the chart, we can see how the price traded within the resistance area, but then reversed and fell to the support level, breaking through the 64,000 level. After this, the price started to rise, but failed, and for a short time fell below the support level, which was in line with...
Sorry, I'm going to start shorting Sell now: TP59800 TP55710 TP52800 TP50678 SL64000 Bitcoin recently completed a harmonic pattern near the 66,500 level. The initial price reaction was positive, increasing the likelihood of the beginning of a bearish movement. This harmonic pattern adds more weight to the bearish scenario we are considering. However, from a...
Hi traders I'm looking at a potential short position on USD/JPY based on the current price action and market structure. Entry on Retracement: 143.750 after the recent breakdown of the ascending trendline. Stop Loss (SL): 144.000 (25 pips).
The oil price continues to fluctuate between 69.638 and 72 today. It is expected to attempt to break through 72.60 after the ending of the correction, and a successful breakout above this level could lead to a rise toward 76.43. Generally, the direction is uptrend Uptrend Side: the oil price currently trading in the correction process fell to touch 69.94...
EURUSD- Sell - Overall trend down Hello traders, the price of EURUSD has just formed a double top and is about to fall if 1.09985 breaks and the target profit of 1.09208. The price of EURUSD has just formed a double top and is about to fall if 1.09985 breaks and the target profit of 1.09208 and 1.08300 is sold. It is best to try to use money management and use...
Gold - may fall to 2625 in the short term and then rise above 2750 During the evening hours on October First The Israeli Broadcasting Authority (IBA) reported that Israel's security cabinet has decided to issue a strong response to the recent Iranian attack. On Tuesday night, Iran launched over 200 ballistic missiles and drone strikes on Israel. This was...
Gold - Sell now!! Gold is trending lower overall Gold could see a downside this week as it has entered a significant selling zone between $2,650 and $2,660. Technical indicators and market sentiment suggest that bearish trends may dominate in the coming days, providing an opportunity for traders seeking short positions. Key levels to pay attention to As gold...
Gold operation strategy reference: Strategy one: Gold rally around 2662-2665 batch short (buy down), Stop 6 points, target around 2650-2630, Break the 2625 line; Strategy 2: Gold correction around 2625-2628 batch long (buy up) Two-tenths, stop 6 points, Target 2635-2645, break position to 2650 line; Gold market trend analysis: Gold technical analysis: gold...
Gold Technical Analysis: Resistance: 2685, 2690 Support: 2625, 2620 From the current market point of view, the monthly line rose sharply after falling, still rose sharply. The price is far from the moving average and needs a correction. The daily chart price is below the 5-day moving average and is supported by the 10-day moving average....