RENDERUSDT Possible Senario, Bottom Head & Shoulder
Gold is currently selling but overally its moving in an upward trend, and more of that to come as I see it shooting up next week after the minor sell we experienced last week. I aim to wait for a buy opportunity next week within the deep as it looks like its in a corrective movement.
Many thanks to @without_worries, for bringing this asset to our attention. He is a very wise man. Here we have this asset per the chart a golden cross ( 200 and 50 SMA) is highly probable in a few days but not definite. There is a long wick candle resting on the 50 SMA and 50 EMA after some bearish activity alluding to a possible reversal. The long wick candle is also resting on a resistance turn support level. The long wick candle is also currently residing in a FVG. The CM_Williams_Vix_Fix bottom indicator is also flashing saying the bottom is in or is being formed, and the Stochastic RSI is in the oversold zone. RSI levels are healthy. And the price action is *currently* in an upward parallel channel. Be very careful. The market is a strange place. We need a miracle.
Gold analysis m30 Still downtrend Next week possible will continue downtrend
Gold is trading in a beautiful zone next week we can see that these areas of gold have the strength to get some retracement to the upside. if gold goes more down we can buy from low
Sometimes maybe yes sometimes maybe no! It can perform by 0.3 dollars.
The market is always moving towards stop loses. Price is always seeking them out and the Market-Description: In this analysis, we're observing the SPY chart on a 15-minute timeframe as it approaches the New York Open on Monday. The chart illustrates a potential retracement back up towards the most recent bearish Fair Value Gap (FVG), which is creating liquidity for the market to potentially move further down. Key Observations: Bearish Fair Value Gap: Identified as a critical zone where price may react, providing a potential entry point for short positions. Liquidity Creation: The retracement towards the FVG is seen as a mechanism for liquidity creation, setting the stage for a possible downward move. Trend Break and Reversal: After the initial downward move, we anticipate a break in the trend, leading to a reversal back towards the upside. This prediction is based on past observations and aims to provide insights into potential market movements. Traders should watch for any current Fair Value Gaps and monitor price action closely as the market unfolds.
It seems that from SW H onwards, DRIFT has entered a correction phase. It could move downward from the red zone (for wave C). Along with the price correction, there will also be a time correction. There is a fresh demand zone, where short-term buy/long positions can be considered. The closure of a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Hello guys, I made BINANCE:BTCUSDT analysis for you. For this kind of analysis, please value my analysis with your likes Thank you very much to everyone who supports me by liking SIGNAL ALERT BUY ( BTCUSD ) 101.691.00 - 101.650.00 ?TP1: 101.900.00 ?TP2: 102.374.00 ?TP3: 103.000.00 ?SL: 100.631.00 Stay with love guys.
Usdjpy m30 Possible continuation will create new HH