Above 480 can go for 600-650 zone Very weak stock , looking for reversal triggers
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The US dollar is mildly bid into the North American session as it continues to generate interest from the Trump trade tension. We believe most of this is more negotiation tactic than anything else, though for the time being, the unpredictability is impacting the currency market. US equities have done a better job dealing with all of this, with equity futures pointing notably higher. UK PM Starmer is in Washington today and is expected to attempt to secure support for Ukraine. The yen has been a standout loser on the day, with much of the selling attributed to reports showing long yen positioning as overextended. The Australian dollar has come under some pressure after another round of softer economic data. Looking ahead, we get a second and more in-depth look at US GDP along with durable goods, initial jobless claims, and pending home sales. We also get Canada’s current account, Canada weekly earnings, ECB minutes, and a round of Fed speak.
You typically see a migration to TLT when people are looking for a safe haven from troubled markets I posted about TLT previously and thought we were about to see a rush to the trade because of potential market weakness Well as we know this Bull market continued to show legs and subsequently TLT has been grounded on the launching pad The market is yet again showing classic signs of topping Are we saying that the market is about to crash? NO..not yet What we are saying is that liquidity is leaving the equities markets in droves and TLT will most likely be a place where that liquidity finds a home So pay close attention to TLT over the next 6 months because its going to tell you everything you need to know about this bull market
Bitcoin Price is having some confluent factors right around this zone which it's having confluent with the golden pocket + 4d 55 EMA + this support trend line. However, nothing is important regarding this levels we're seeing technical analysis. What I do care is about the behavior of the market participants which currently is very interesting. If you pay more attention, you should know that lately, we have seen SEC dropped some cases related to crypto companies. Uniswap, Consensys, Justin Sun, Coinbase, and Robinhood. This is ultimately a good news for the market. However, price keeps dropping. So who's selling? RETAIL! Retail traders are capitulating because they are now in pain. They did the FOMO thing when price was at $100k and they are now in -20% floating loss. They can't handle this so they're capitulating. But, the whales remains steady. As per our OTC analysis on the back door, some of the big whales are doing exactly huge amount of buying. So yes, I'm still bullish. MORE SIGNALS: @zcryptox
? SHORT BYBIT:TRUMPUSDT.P from $12.278 ? Stop Loss: $12.599 ⏱ 1H Timeframe ⚡ Trade Plan: ✅ The BYBIT:TRUMPUSDT.P price has formed a Bearish Flag and broke its lower boundary, confirming a bearish scenario. ✅ The asset is trading below POC (Point of Control) at $12.978, indicating strong seller dominance. ✅ Increasing volume on the breakdown further confirms the strength of the downward move. ? TP Targets: ? TP 1: $12.100 ? TP 2: $11.900 ⚡ TP 3: $11.785 ? A close below $12.278 would confirm further downside movement. ? POC at $12.978 is a strong resistance level that the price failed to break. ? Increasing volume on the drop supports the bearish outlook. ? Securing partial profits at TP1 ($12.100) is a smart risk-management strategy. ? BYBIT:TRUMPUSDT.P remains in a downtrend – monitoring for continuation and securing profits at TP levels!
Cigna buys strong USDJPY According to the trading strategy and trading style by combining Ichimoku with Price Action and Signal Export Buy in the range of 149.80 with TP 151.60 and 153.60
Good Evening and I hope you are well. comment: Bears showed strength once again and we have made new lows. Now comes the most important part tomorrow. They need a very strong monthly close below 20600 to close below the January low. Bulls want any close closer to 21000. current market cycle: trading range key levels: 21000 - 21700 bull case: Bulls see this as the climactic ending on the 4h tf after 3 legs down. They now want to close the month more neutral around 21000 and most likely above. They probably are beginning to scale into longs again since 6 consecutive red days are so unusual, that the odds of a decent pull-back are good. We are also around 300 points away from the big bull trend line and there is absolutely no reason why this should break on the next hit. If we stay above 20500, I favor the bulls for a bounce up to 20800 or 21000 before I turn full bear again. Invalidation is below 20500. bear case: Bears are overdoing it and they could get squeezed tomorrow. Bounces this week were between 200-400 points and that would bring us to 21000 where I expect another strong try down by the bears. If we even get there. Bears want to keep this max bearish and continue with the 15m 20ema being resistance. Today’s selling was strong enough that we could potentially reach 20000 tomorrow but it’s far. We have two bear channels now. One you can see on my 4h chart and then another on the 15m or 1h chart. The smaller one has to stay intact if bears want another big bear day tomorrow. Invalidation is above 21100. short term: Need a bounce to sell this. Monthly close around 20000 is possible but bulls have been buying new lows all week and we should hit at least 20800 or even 21k. But there I do think we will close this month at the lows and hopefully below 20500. medium-long term - Update from 2024-02-23: Neutral since we are in a 4-5 month trading range. Still leaning heavily bearish for this year but for now it’s sideways until we get consecutive daily closes below 20000. trade of the day: Selling on the open was strong enough to expect the gap close down to 21200. We did more but 21000 was expected to be huge support. The second leg down started slow and accelerated. Where should you have shorted on the second leg? Market failed exactly at the 15m 20ema and after the third consecutive and increasing in size - bear bar, shorts were necessary. Could you have known the extend of the sell-off? Never while it’s happening but you should keep runners and hope to catch such a 400 point move down.
We're at a critical juncture in the markets right now. The recent price action has brought us into key demand zones, and we are seeing signs of potential bullish divergence between indices. One market has swept liquidity while the other is holding higher lows—classic SMT divergence. The daily FVG levels are now being tested, and if buyers step in here, we could see a strong reaction. This is an area where liquidity and previous structure align, making it a prime spot for a bounce. A confirmation candle or a reclaim of key levels would strengthen the bullish case. Patience is key. If the market holds this level and starts pushing up with conviction, we could be looking at a solid reversal play. Keep an eye on intraday reactions and liquidity grabs—this is where the next move will be decided. Stay sharp. Lord Medz