Assuming we don't break $1.44 today and hold, we may see $1.38 .382 retracement from the recent run-up (today/tomorrow) and then $1.44 break by tomorrow or Thursday. (White Line) I think we break it today though. If we do then my alternative retrace will be from around $1.60 (Green Line) Always for Educational and Informational Purposes Only!
Introduction - So since the move to 2311-2314, I have to "play it by ear" because price is moving faster than my ability to map "an intermediate thesis" that is in sync with price action from here to August. In order to stay relevant and ahead of price action, let's talk less and do better. Details - Continuing from DRAFT 9-3, price chose yellow route to 2291...
BTC often follows the technology sector of the stock market. Below you can see the Spearman-rank correlation, which better shows us the moments when two assets start to move in different direction What now? Now the NASDAQ is starting to slip because the market is overestimating interest rate expectations, after talks that there will be no lowering this year....
I posted this chart in march on a bull flag that was starting to form with a projection to the dashed green. This is a great example of a longer term setup that rewards the patient. Of then these flags or wedges like to break out on strong volume and then dump for a retest, only to continue to project towards the target. If you had entered 6month to one year out...
USDJPY has been in a strong uptrend, recently consolidating within a rectangle pattern. Price attempts to hold above the rectangle and potentially challenge the monthly resistance level. Always practice proper risk management with stop-loss orders
XAUUSD Trade breakdown On the 15 Minute Timeframe, price action created a bullish Change of Character, resulting in a switch from bearish orderflow to bullish Orderflow. I dropped to the 5 mintue timeframe and noticed that price retested the bullish Orderblock and broke past the candle that retested the 5 minute OB. That was my confirmation for buys....
NZDUSD has been in a downtrend for quite some time now. Using a trends in trends analysis in a smaller time we have created a LL by our downtrend We have double bottom reversal pattern which indicates that buyers are in control for the moment and we are looking to catch a few pips in the upcoming corrective move. With a current negative movement of the dollar...
PPL Pharma in the pharma sector looks promising, especially after showing strong results this quarter. I'm anticipating an upcoming breakout.
Price may continue to trade in a horizontal channel for a while… a break & retest below 2294.92 level May insight a new wave of bearish sentiment.
KUCOIN:MAVIAUSDT KUCOIN:MAVIAUSDT Im sorry but this thing will go to 70$ easy 🔥🔥🔥 , come here in few months , gl folks
4h time frame - SSV has been going on an uptrend since Oct 23', this climbing way is very healthy, accompanying with high volume as every pump. Also, SSV made a stop hunting to liquidate leverage on bull side. However, SSV did create a top structure after hitting $63.85, and there is a target at $24 if SSV continues to correct based on the Fibonacci projection....
DXY Trading Journal Analysis It seems likely that the DXY will be seeking lower prices going forward as the bias. Gravitating to the 50 % Equilibrium level on both HTF and LTF. Today Price delivered to take the sell stops from April 18 and coming to the middle of the D BISI in an attempt to rebalance it. For the week I would like to see price seeks the 50%...
Bitcoin facing a strong dynamic resistance now and there are 2 levels as shown on the chart. potential trades can be taken based on breaking of each of these horizontal barriers. good luck everyone!
TRX is at the base of the bullish channel, with the previous top having broken as support, with Stochastic oversold, above the 80-period exponential moving average. Potential of 50% appreciation.
NASDAQ:OM chart is looking perfect. #MANTRA is at a discounted price. So I have added a big one here. NASDAQ:OM is still cheap. #MANTRA is about to blast 🔜 as there are rumours of the Bybit Spot listing
shorttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt