BTC 6 month- Ask yourself is it time to go in big on bitcoin or to be very cautious right now. This is not where smart money buys. The smart money that does buy right now you can know that they are adding twice as much money to put options or shorts that you’ll never know about or never be made public. It’s simply how this business works. Be careful out there everyone. BTC is definitely looking too heavy. Think of it like a rocket ? it starts off slow gains momentum takes off hard and as it gets closer to the peak momentum fades and it start to roll over and come back down. Watch out for the first big drop to be around that 70K to 75k area. We will update as it gets closer. This will take some time. Let the trade come to you.
AMZN has created new all time high's. Looking for retracement back to the previous resistance of $190. The $190 level should act as support during a retracement. The bullish trendline was established back in January of 2023. I'lll be looking at price action to determine actual entry. My plan is to purchase shares or leaps based on price action, and if/how it pulls back to the $190 area.
AUD/USD Analysis: Exchange Rate Holds at a 56-Month Low As seen on the AUD/USD chart, yesterday the exchange rate fell below the level of 0.618 Australian dollars per 1 US dollar. The last time the Australian dollar was this weak was in April 2020, during the global spread of the coronavirus. The decline followed the release of inflation data from Australia earlier this week. According to Bloomberg: → Overall annual inflation accelerated to 2.3%, up from 2.1% previously. → The trimmed mean core inflation (which smooths volatile items and is closely monitored by the Reserve Bank) slowed to 3.2%, down from 3.5%. → Traders are pricing in a 70% chance of a 25 basis point rate cut in February from the current 4.35% (a 13-year high). https://www.tradingview.com/x/efWtXmSK/ Technical analysis of the AUD/USD chart shows that, despite the exchange rate being within the current downtrend (shown in red on the chart), there are grounds for bulls to remain hopeful, as: → The RSI indicator points to a divergence, which can be interpreted as weakening selling pressure. → Although the median line of the channel has acted as resistance (marked by a red arrow), the sharp rise in the first days of 2025 suggests that demand forces are gaining momentum. Thus, it’s possible that if the AUD/USD exchange rate falls back to the lower boundary of the red channel, this could attract buyers of the weakened Australian dollar. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Hi Traders Here is my long Term Outlook on the EurJpy.
US30, representing the Dow Jones Industrial Average index, is currently trading at 42,500 with a target price of 41,500, indicating a bearish outlook. The price action is forming a symmetrical triangle pattern, a technical setup that reflects market indecision as it consolidates within converging trendlines. This pattern typically precedes a breakout, which could occur in either direction, though in this case, traders are anticipating a bearish breakout. A decisive move below the triangle's lower trendline would confirm the breakout, signaling a continuation of the downward trend. Once the breakout is validated, the price is expected to head toward the target of 41,500, offering a potential opportunity for short positions. Confirmation of the breakout is essential to avoid false signals, and traders should watch for strong momentum and volume supporting the move. This setup highlights the importance of monitoring key technical levels to capitalize on market movements.
Hi guys The crypto market is in awsome trend and i think file coin is one of the most precious coins in market You can see the liqiudity line in 11 price and i think the price should hunt the liqiudity for target 18-22 I hope this analyse help you all
Based on my analysis, I think these two things could happen.
NZDCAD is printing LH LL, But the RSI indicator shows a bullish Divergence which is a clear sign the price momentum shift to the bullish side soon. So my idea is a bullish side. trade plan: buy order type: buy stop Entry level: 0.80740 Stoploss: 0.80170 Take profit: 0.81305
In this video, I share an update on the VRA long trade idea originally posted in November 2024. I discuss how the current wave structure aligns with the pattern and its implications for the trade. The weakness in this move strengthens the expectation that, upon reaching our target, the price is likely to reverse downward. Previous related ideas are linked below for reference.
Today the unemployment report in the US, if it is below the consensus, we can shorten it, there are a lot of setups, but I would like something beautiful, like from a textbook))