GOLD is in a neutral trend and continues to consolidate due to the complex geopolitical and political environment. The metal is supported by Asia and the conflict in the Middle East, while the pressure is created by the USA: Trump and the hawkish stance of the Fed Scenario: the price may make a false breakdown of the zone of interest after which the balance in the market will change, which may provoke further selling on the background of profit taking, which may happen due to the news. Focus on NFP which will be on Friday
EURUSD is in a descending channel below the trend lines. The price broke out of the range, consolidated under the lower trend line and is now under the 62% retracement level. The chart maintains a downward structure. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
We caught the bulls on the one, right again! ...and quite close before ADP NFP news today
On PLTR as you can see on the chart we would have a hight probability to have an uptrend if only if we have the breakout with force the vwap and the resistance line.
Bitcoin has broken below the lower boundary of a rising channel and retested the support level around 91K. Since last Tuesday, prices have rebounded, climbing until yesterday when they tested the rising channel, which had shifted to serve as resistance. However, the upward momentum faltered, and Bitcoin failed to break higher, ultimately falling below the rising trend line. The market's next big move will likely hinge on today's FOMC minutes. Depending on the outcome, further selling pressure could emerge. The key question is whether the 91K support level will hold. A breach of this level could trigger a more significant sell-off.
Bitcoin is now moving to price that I figured last idea(93500) ? But for today movement this is my opinion first short then long to the mentioned price in the box on BINANCE:BTCUSDT Comment below your point of intrest
The forex pair EURGBP is currently trading at 0.83300, with a target price set at 0.84500. This suggests a potential upward movement of over 100 pips. The analysis is based on the support and resistance pattern, a widely used technical analysis method. The main resistance level appears to be breaking, indicating bullish momentum. A breakout above the resistance often signifies increased buying pressure and potential for further price increases. Traders might consider this breakout a signal to enter long positions. However, the accuracy of this setup depends on the strength of the breakout and market conditions. It’s essential to monitor for false breakouts, which can lead to reversals. Risk management strategies, such as stop-loss orders, should be in place. Overall, this setup suggests a favorable risk-to-reward ratio for a bullish trade.
? ARKUSDT: Ready for the Next Big Move! (D1-W-M Analysis) ? Market Overview: ARKUSDT is showing impressive strength on D1-W-M timeframes. With strong growth potential, this is a chance to capitalize on the bullish trend and secure significant profits. ? Trade Plan: ? Entry Point: Using RainBow MG3 Indicator: Follow BUY signals from RainBow MG3 on D1-W-M cycles for precise entry points. Without the indicator: Accumulate around $0.54 – This is the optimal price range I recommend for entry. ? Target: 100–150% profit – Anticipating the next strong wave of growth. ⏳ Hold Time: 4–5 weeks – Holding period aligns with the anticipated price movement cycle. ? Why ARKUSDT? D1-W-M Cycle Alignment: Strong alignment across multiple timeframes provides high confidence in this strategy. High Momentum Setup: Technical indicators suggest a strong bullish move is imminent. ? Note: I rely on the RainBow MG3 Indicator for identifying optimal entry and exit points. If you don't have access to this indicator, use the entry point range shared in this article as a guide. ? Don't miss out on this opportunity! ARKUSDT is poised for a breakout – Take action today! ?
Gold Technical Analysis The price has dropped from its resistance level at $2,665 and is now attempting to stabilize within a bearish trend, potentially targeting $2,636. A move below $2,636 would likely extend the decline toward $2,623. Conversely, a break above $2,665 would signal a shift to a bullish trend, with potential targets at $2,678 and higher. Key Levels Pivot Point: 2653 Resistance Levels: 2665, 2678, 2690 Support Levels: 2636, 2623, 2603 Trend Outlook Bullish Trend: Above $2,665 Bearish Trend: While Below $2,653
Microsoft is another tech play behemoth slowing down and possibly breaking down. Could lead to a 20-30% correction.