Hello Friends, Catch this false breakouts on this chart but I hate 15 min timechart.... If its valid upmove coming Your comments welcome
Let's wait and see... China hasn't bought all the gold yet. If they are stocking up on gold, there will soon be a war on their part. The more gold grows, the more Bitcoin will grow. It's a matter of time. Please support the post. All the best to you, thank you.
Still shorting these names for now until I see signs that we're no longer building bearish short-term liquidity which from the looks of PA and the algos, we still are. Waiting for more fills in the low $70k's and ideally a reach to FWB:67K Happy Trading :)
The price is overall in sell trend and since the candle here made a big wick to the upside theres a chance of another fakeout....now i dont believe the market will just turn around but i am sure that since its a sell range that its possible it will come back for another touch to the upside sooner or later.
Will be sharing my trade ideas, feel free to add on to my analysis as to what I'm doing wrong, my model is solely based on ICT Concepts and CRT. Let's all develop and grow our trading careers with positivity and merit.
Hello Traders ! The GBPCAD broke the resistance level (1.83706 - 1.84150). This key level becomes new support! So, I expect a bullish move? Let's wait for a retest... ____________ TARGET: 1.85720?
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments? Recently price traded inside a flat structure with weak movement and low volatility in a tight range. Then the Euro made a breakout and formed a strong impulse, reaching resistance and creating a new local high. After that, price entered a pennant and made a short correction, but then continued rising with momentum. Later, it touched resistance again and started forming a triangle pattern with a tightening structure. Now price is near the upper boundary of the triangle and trades above $1.1135 support without a clear breakout. In my opinion, Euro can reverse from resistance and decline to $1.1200 in the next move, thereby exiting from pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
The "TSLA Diamond Penet Breakout" strategy suggests monitoring two critical levels: if Tesla's stock price breaks below the "red" level, it indicates a short position opportunity; conversely, breaking above the "green" level suggests taking a long position. This strategy also forecasts a potential 3% price movement following a breakout in either direction, emphasizing the importance of these defined thresholds for trading actions .
UTK did deep and long correction and is now ready for new impulse up. We are oversold, have longterm bullish divergence, have broken major diagonal resistance line and are now above it. Looking with pattern we see similarity with OM and if we are to do the same move then we can expect strong puch all the way to fibb 1.618 extension (same 500x move as OM did) and at the end you already know what awaits us - OM being canary in the coalmine...
Gold market analysis: Gold hit a new high again in the Asian session. Where is the top? There is no top to speak of. The daily pattern of gold shows that it still has the momentum to continue to rise. The daily line is not weak. Yesterday's repair was just a repair, just a rest. Fundamentals and data are immune to gold. Gold fell slightly when the data was bad, and rose sharply when it was good. In fact, gold itself wants to rise. Today's thinking is undoubtedly to continue to be bullish. Selling is dead in the short term. Bulls will continue to be bullish in the Asian session today based on the position of 3256. We have analyzed before that the next big target of the weekly pattern and segmentation cycle is to look at 3400. It is estimated that it will reach it after a few waves of pull-ups. The weekly line was a big positive last week and there is also a need for inertia to rise this week. The previous high point of 3245 is the new support. If this position is not broken today, it is basically difficult to change the buying trend of gold. The moving average begins to hover. The small moving average support behind is our opportunity to buy again. The new big support of the day has reached around 3225, which is also the suppression position of yesterday's shock. It is estimated that we have to consider directly chasing again if the Asian session is strong. Support 3245 and 3256, super support 3225, pressure is invisible, and the strength and weakness watershed of the market is 3256. Fundamental analysis: There is not much data this week, but the fundamentals are still many. Note that the market will rest on Friday this week, which is Good Friday. Operation suggestions: Gold-----Buy near 3260-3280, target 3290-3350