The gold market bounced off the weekly low. The price is ranging and moving slowly. Price action formed a range zone. I think the market might pullback to grab the liquidity below the weekly low and then go upwards. Overall, market participants are waiting for economic factors that will push the price lower or higher. Regardless, the market is forming a triangle...
🔸Hello traders, let's review the 8 hour chart for GBPCHF today. Previous trade setup was on sell side, target hit +400 pips, congrats if you followed. feel free to review original trade setup below. 🔸Currently risk/reward is shifting in bulls favor as we are trading near key bullish levels, however one final pullback possible/likely before reversal. 🔸Recommended...
If you enjoy this analysis, please give it a like and a follow. I've made several analyses on Bitcoin's extremely low volatility over the last couple of weeks. In this analysis, I want to take a look at yet another metric that measures volatility: BVOL7D, on the daily chart. On the top chart, white, you find Bitcoin's historical volatility. On the bottom chart,...
Hey Traders, in today's trading session we are monitoring DXY for a selling opportunity around 102.400 zone, DXY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 102.400 support and resistance zone. Trade safe, Joe.
GOLD is approaching the support level, which is the confluence level. Price tested the support level and bounced off it by creating bullish momentum. We are looking for buying opportunities at the confluence level: the bullish harmonic pattern, dynamic support and the major support level . ------------------- Share your opinion in the comments and support the...
Gold price rebounds as Greenback drops amid neutral Fed policy guidance Gold price capitalizes on correction in the US Dollar propelled by positive market sentiment. The precious metal rebounds as Fed policymakers anticipate that interest rates by the central bank have peaked for now. Gold sell zone 1926 Target 1920 Target 1917 Gold buy zone 1917 Target 1930 Target 1940
Almost all of the time C98USDT was trading, the price was in a prolonged downtrend. Now, the Coin98 price is trying to break through the trend line and exit the downtrend. We wish buyers strength and inspiration) And for those who trade or hold this asset, we want to draw attention to the level of $0.24 - this is the first critical level from where the price...
Daily Analysis EURUSD range trading opportunity, DXY ABC corrective pattern or WXYXZ, EURGBP update Daily Analysis 09-August-2023 DXY EURUSD EURGBP In this video I explained the possible development of the Dollar Index, EURUSD, and EURGBP. The market is focused on the CPI data from the U.S. and as I explained we are not expecting changes. This may create a...
We have no strong confirmation yet to go swing long on USDCAD. It is yet to be decided.
Well, as you can see, according to our expectations, the price moved up to the desired supply levels, and exactly when it entered the range of $1947, it was accompanied by a drop, and in these 2 days, it managed to correct by more than 160 pips to the level of $1930. Today, the price has reached the range of $1930 and is being traded in the range of $1935. The...
Bitcoin is now confirmed bullish as it moves pass $29,500. As Bitcoin moves forward and goes beyond $30,000, the Altcoins market will have a huge boom. The Altcoins have already been pumping and will continue to do so, but the Bitcoin raise will make it even better. I already shared many pairs and would like to grow my perspective, wondering what you are looking...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #BTC. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
EURUSD / 4H Hello traders, welcome back to another market breakdown. EURUSD has been trading in a down bullish trend. However, the price formed a wedge pattern on the weekly with a sharp drop, the price is now at support level which might offer a nounce. I'll be also looking to short it for the second leg down. Trade safely, Trader Leo
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price bounced up from $1955 - $1960 resistance area, but soon fell back and later entered to rising channel. Inside channel price rose to resistance line of wedge and then made downward impulse to support line, thereby breaking $1955 level. After this,...
Bitcoin (BTCUSD) has made a 1D Double Bottom and seems to have priced the final low before a new rally that will take it to a new yearly high. The price is already on a 15 day high and it is an excellent time now to look at potential highs for this Cycle. As we've done in the past, we will rely on the long-term time-frames for a more meaningful illustration of...
After a strong consolidation price moved strongly to the upside... an indication of short entry.... Identify that the neckline again acts as a strong resistance and not allowing us to go upside... price taken the entry on short side..... price again closing in the same range...After a strong consolidation. Initially price showing bullish pressure but failed to...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see how the price a not long time ago rose to the resistance zone, which coincide with the 31000 resistance level, but soon it rebounded down to the 30000 current resistance level. After this movement, BTC made a strong impulse up to the trend line, but when it reached this...
OANDA:XAUUSD is forming a setup that can accumulate the potential to continue falling. The price is testing local support and forming a rebound before further decline The global bearish trend continues to develop. The price failed to pass through the 1980 area, forming a false breakout of the resistance area. A downward price channel is formed on the chart,...