Gbpaud likely more upside...Hello fellow traders , my regular and new friends!
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Could have break up or some pullback before heading higher. In my watchlist
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Analyse
GBPJPY SELL | Idea Trading AnalysisGBPJPY is moving in an ascending channel. The price has an opportunity to test the resistance zones. If the price cannot break through the resistance level, it is expected that there is a chance that the price will fall..
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
XAUUSD UPDATE (Short) ...
Hey team, Hope you are Enjoying our ideas and Analysis Today we are monitoring XAUUSD Looking for Bearish OB Around 2418-1825 Still There is Upside a Strong Support Around 2440-45 We Can Expect How Market React on ....
In Short
XAUUSD UPDATE
Sell limit 2421-2425
Tp1 2415
Tp2 2407
TP3 2400
TP4 2380
SL 2455 Use proper Money Management Good luck Guy's
XAUUSD UPDATE (Risky-ShortTrem Setup)
Hey team Hope you are Enjoying our ideas and Analysis, Today in Trading Session we are monitoring XAUUSD Looking for Bearish But there is Alot of Risks in Bearish Because That Breaks all Support levels....
XAUUSD (UPDATE)....!!
RISKY SHORT FROM ALL TIME HIGH..
Gold is trading in a Strong Uptrend but the price Failed to reach the Supply Zone 2438-2445, Which is also a Resistance Level which in Turn indicates that the market is likely that we will first see a Bearish reaction on Gold from the Resistance
Good luck Guy's.....
GOLD ANALYSE TODAY IS FIRE Guys if you like my analyse please Boost this post and follow me on tradingview
lets Start with the analyse
GOld 15/05/24 :
Yesterday We had Uncle Jerome talks he mentioned alot of things these are the points he
mentioned
🟥 Jerome Powell: It is reasonable that job vacancies will decrease without a significant increase in unemployment.
🟥 Jerome Powell: Our goal is clear regarding inflation, which is to reach 2% levels, but the improvement is limited.
🟥 Jerome Powell: The Federal Reserve may be forced to make a series of cuts.
🟥 Jerome Powell: The Federal Reserve may have to raise the balance sheet.
🟥 Jerome Powell: Economic report data still shows that we are facing stable inflation.
Most of the notes Negative and the most important one is this one :
🟥 Jerome Powell: The US Congress is pressuring us to reduce interest rates in order to stabilize employment and prices.
This means we're about to cut rates soon , Maybe this month or next Month or even Next week why not today 😂
If this happend which is the best scenario for us , Gold first target and the easiest one is : 2370
Next targets if CPI came Heavy Negative than expected we'll see strong push to 2407.449-2413.158 ( LONG TERM )
if this Came Positive Gold will dump to these levels 2347.124-2334.854-2323.522 But this doesnt mean gold is weak , we say yesterday PPI how gold reacted Numbers Came positive but still Gold Remain Strenght
This was My analyse guys Good luck i'll wait for Data Release to get an entry in Gold But in General im long with Gold
HelenP. I Gold can rebound down from support zone to $2260Hi folks today I'm prepared for you Gold analytics. Some time ago price in a short time rose to resistance 2, which coincided with the resistance zone and soon broke it, after which rose a little higher. But later, the price made impulse down to 2335 points, breaking resistance 2, after which turned around and soon rose to resistance 2. Gold some time traded near and later broke resistance 2 again and reached the trend line, but then the price turned around and made a strong impulse down to resistance 1, breaking the 2395 level one more time. Then price at once rebounded from resistance 1, which coincided with the support zone and in a short time rose to the trend line. When XAU reached this line, the price broke it and rose a little more, but soon turned around and started to decline. In a short time, Gold declined to resistance 1, and a not long time ago price broke it. Just now, XAU trades inside the support zone, near the trend line, so, I expect that Gold will reach resistance 1 and then rebound down to the trend line. After the price reaches this line, XAU can break it and continue to decline. For this case, I set my target at 2260 points. If you like my analytics you may support me with your like/comment ❤️
BITCOIN: HISTORICAL CYCLES AND HEALVING ROADMAP PART IITHIS CHART IS BASED ON HISTORICAL DATA
Let’s get to the chart.
Keeping in mind that this chart is based on Bitcoin at this time, it's quite important for the coin. Looking at historical prices, if we examine the first example, focusing on the first bit between the 2012 halving, the month before the halving was actually relatively neutral. We saw a slight uptick in the lead-up, once again following the next major market. If we look at the second example, we actually saw a major move to the upside within around one month of the Bitcoin halving, and then we experienced a short downturn before eventually continuing higher later in the market cycle. Then, looking at the 2020 halving example, of course, leading up to the halving, we had the global pandemic that crashed the market to the downside. However, we saw a major recovery one month before the halving. Following the halving, we actually saw some choppy sideways price action, essentially neutral action over the next month, and then we continued with the market much higher. Overall, in a very bullish time in the market right now, generally around the halving, we are usually trending in a bullish direction. Of course, we can see short-term bearish moves, but the larger trend is bullish. Additionally, we usually see a major market move in the process, at least over the next year after the Bitcoin halving.
Taking a look at the first example from the first Bitcoin to the ultimate market cycle, that was 370 days into the market top, exactly one year after the market. Looking at the second example, that was around 520 days after the Bitcoin halving to reach the market top. Then, looking at the third example, from the halving to the ultimate market top, that was around 540 days on average. From the actual Bitcoin halving to the next major market top, it takes around 450 to 500 days. Potentially, we could end up seeing the market topping out roughly around 2025, and then we could end up entering into the next market in the second half of 2025 because the next Bitcoin halving is likely to happen in early 2028. As you can clearly see on this chart, we usually end up seeing these markets occur right in the middle of these Bitcoin cycles. Simply based on history, this is the most likely outcome. Of course, nothing is guaranteed, but the most likely outcome based on historical data is simply seeing the market over the next year somewhere in 2025.
This chart will likely help you make better trade decisions if you consider upvoting it. I would also love to know your charts and views in the comment section.
Thank you.
AUDJPY in the first half of 2024A glimpse of the AUDJPY in the first half of 2024
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According to my risk and capital management system, the risk of each trade is one percent per position.
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GBPNZD strong momentum playThere's strong downward momentum observed on the HTF, with price forming a double top followed by a downward move. Currently, there's a consolidation phase just through the previous swing low. I'm awaiting further confirmation before considering my next move.
Given the potential inflection point at hand, it's crucial to wait for clear confirmation signals. I'm specifically looking for a more structured consolidation bear-flag pattern on the hourly timeframe (H1) before setting my EO.
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Glossary:
VA – Value Area
Liq.P – Liquidity Point
BO – Break-Out
EO – Entry Order
H1 – Hourly Time-frame
M15 – 15min Time-frame
LTF – Lower Time-frame
HTF – Higher Time-frame
Magenta horizontal Ray – Area of Interest
Magenta rectangle – Gap / Area of Significance
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ETHUSDT Trend and Support/Resistance Analysis# ETHUSDT Trend and Support/Resistance Analysis
**Disclaimer**: This analysis is not financial advice. Always conduct your own research before making any trading decisions.
We're looking at the ETHUSDT chart where trend lines have been marked, and Fibonacci Retracement has been used to identify potential support and resistance levels.
As in previous Analise we can see ETHUSDT perfectly moving in a descending trend line,
once it broke 3500 mark we will see a bullish move to 4100.
## Conclusion:
Traders should keep an eye on the $3161.00 support level; a break below this could lead to further downside towards the next support at $2639.54 (1). Conversely, if ETHUSDT can break above the descending trend line and hold above $3883.00resistance, we might see a reversal of the current downtrend.
Remember to use stop losses and risk management strategies to mitigate potential losses.
Possible Bitcoin scenarios
After each character change, the price has reacted around the 0.618 fibo and we have witnessed numerous character changes. who made this suffering for us. For the short position, after the break of each floor, we should wait for the price to return to the 0.618 fibo, and for the long position, the opposite is true.
Bitcoin could be closer to the new top then we thinkIf the fear in these market intensify. The new top for 2024 could be behind us. I sure hope I'm wrong and it keeps going up so I make money, But, we are running out of gas, the halving could be a sell the news event. Never forget the most important rule, Always keep some change in case of emergency, to buy the dip. And never be all in forever past the past top.
INDEX:BTCUSD
Riding the Waves: Triumph on GBPUSDCelebrating success amidst the unpredictability of GBPUSD. Learn from victorious trades as we delve into the importance of patience and resilience in the face of market fluctuations. Each win is a testament to the power of strategy and mindset. Let's reflect on the journey and empower each other in the pursuit of trading excellence.
Gold is moving above $2,200...in this case (read-caption)Gold is moving above $2,200...in this case, it will head towards $2,300
Gold prices did not witness noticeable movements during these moments of trading today, Thursday, after they ended yesterday’s trading at record levels, with investors looking forward to more US economic data to obtain evidence of the course of monetary policy.
Ilya Spivak, head of global macro at Tastylive, said: “The Fed has signaled it wants to lower interest rates, and there are geopolitical risk concerns that remain in the markets around the wars going on right now, whether in Ukraine or in the Middle East, which is... Supports gold.
Spivak added: “Gold prices are range-bound most of the time this month, and a break above the current resistance level at $2,225 per ounce could send prices heading towards the $2,300 level.”
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GBP/USD Analysis: Support Channel Breaks as Dollar Strengthens,GBP/USD Analysis: Support Channel Breaks as Dollar Strengthens, Retest of Demand Zone Imminent
The GBP/USD pair has experienced a significant shift in momentum as the support channel, marked by the crucial level of 1.28063, has been breached. This breach comes amidst a notable surge in the value of the US dollar, which has exerted downward pressure on the GBP pair.
Moreover, recent data indicates a pronounced strengthening of the dollar against various currencies, including the British pound. This strengthening has intensified the bearish sentiment surrounding the GBP/USD pair.
In light of these developments, market sentiment suggests that the GBP/USD pair is now poised for a retest of the demand zone, situated around the level of 1.25030. This zone represents a critical area of support where buying interest could potentially resurface, leading to a temporary halt or reversal of the downward movement.
Traders and investors are closely monitoring the price action around the demand zone for potential signs of bullish reversal or further downside continuation. Factors such as economic data releases, central bank statements, and geopolitical developments will likely play a crucial role in shaping the near-term trajectory of the GBP/USD pair.
Overall, the breach of the support channel coupled with the prevailing strength of the US dollar indicates a bearish outlook for the GBP/USD pair, with attention now turned towards the retest of the demand zone for potential trading opportunities.
Gold has retest the resistance and reject now it can go down ?I hope this analyse finds you well. I wanted to bring your attention to the latest developments in the gold market.
Despite facing headwinds from a strengthening US dollar, gold prices are poised for their fourth weekly rise in five weeks. This resilience can be attributed in part to the supportive stance of the US Federal Reserve, which has maintained its commitment to interest rate reductions throughout the current year.
The recent surge in the US dollar, now on track for its second consecutive week of broad gains, has exerted downward pressure on gold prices. This trend follows noteworthy events such as Japan's unsuccessful interest rate hike and Switzerland's surprise interest rate cut, highlighting the contrasting monetary policies between the US Federal Reserve and its global counterparts.
In light of these developments, it's essential to stay informed and agile in our investment strategies.
Should you have any questions or require further clarification, please feel free to reach out.
NZDUSD It seems that NZDUSD has started to form a bottom. I am planning to wait for the price to rebound to the support level before considering a buy deal. I think it will be a good opportunity and may bring me more profits than my initial target. I wish you good luck if you decide to take a similar approach.