Yesterday, EURUSD rose to 1,0434, breaking above the previous high. This opens the possibility for a deeper correction of the overall downtrend. The first target is the 38.2% Fibonacci retracement level at 1,0568. Levels above 1,0300 will act as support, and if the price bounces from there, it could be a good opportunity to buy. The idea becomes invalid if the price drops below 1,0250!
Inv H& S expected Gap Filling till 1275 Todays Closing Imp... idea invalid if closing below 1260 on DCB Dip Buying till gap filling 1275
Tesla weekly close is in a tight range for the last 4-5 weeks indicating a short straddle was made by the big players. A lot of premium would be collected by selling the strangle and they will be enjoying the time decay. A move on either side is getting killed for now and it’s a wait and watch to see which side next trend will emerge. Earnings can be a decisive factor
broke resistance, retest strong support. heading up on the long swing
ICT/SMC and Retail Sentiment Bearish, entries on lower timeframes
Pair: USD/JPY ??? Direction: Long ? Target: 155.59096 ? Time Horizon: By Tuesday, Jan 21, 09:00 UTC ⏳ The pair has recently experienced downward pressure but is now showing signs of potential recovery. Market behavior suggests a possible move toward the 155.59096 level, aligning with recent price action patterns and momentum. This trade is time-sensitive and is expected to reach its target by Tuesday at 09:00 UTC. Broader market conditions, including USD strength and JPY market sentiment, may influence the price movement. Monitoring the price closely for further confirmation of anticipated trends. ?
Inverse head & shoulder pattern is observed in hourly time frame, that leads the price towards 62 - 63.70
Following the expected interest rate hike in Japan due to Inflationary concerns and the slow down in rate for the CHF. Together with the downward trend. I took a sell at the retest of a broken resistance now turned support.
Zkp is a new cryptographic technique implement first by the engineers of Zcash, a decentralized network. Details at z.cash . Coming back for 40. Triple support there. Tight stops as always .
Gold is peeking above resistance at $2725, extending the bullish trend in place since late December. If it can push above this level and preferably close there, it creates a decent bullish setup, allowing for longs to be established above with a tight stop beneath for protection. The obvious target would be the record high of $2790 set in late October. Momentum indicators such as RSI (14) and MACD are trending higher, providing bullish signals that improve the probability of the break sticking. With price signals from US Treasury futures pointing to the possibility of lower yields near-term, a scenario that could also keep dollar gains capped, the macro environment looks more conducive for upside than periods in the recent past. Good luck! DS