Strategy, Support, and Resistance - 4/3/2022The Cryptocurrency rally continues but should you jump in? I have fielded a lot of messages this week that are pure FOMO. I think traders and investors need to be patient going into this week as most cryptocurrencies have now hit a key resistance from this rally. The stock market is also bullish but where to? Has Oil topped out? Will Silver and Gold breakouts continue or have they failed? Are we about to see a run in EV stocks and Pot stocks?
Weeklymarketsanalysis
GbpUsd Weekly forex market analysis with forex trading strategyGbpUsd Weekly forex market analysis with forex trading strategy from 4th April,2022.
Fundamentally, the NFP released reports have shown that the number of jobs added to the US economy was lower than expected, even though the unemployment rate was lower than forecasted, hourly wages did not increase. Prior to the NFP,
the US GDP reports for the 4th quarter shows a lower than expected figure with initial jobless claims reports higher than expected.
From the UK, GDP reports for the 4th quarter shows a higher than expected figure . expected figure.
Fundamentals to keep an eye on the coming week include the US trade balance, euro retail sales...
Technically, price recently made an up thrust off a weekly retested demand zone after which a bearish week followed and currently price is reacting to a demand zone from the monthly time frame.
zone.
GbpUsd is close to the daily demand, I will be watching the area for confirmation to buy the Gbpusd .A full video and more detailed analysis with education was shared on my YT channel. 🦾
Let us go take some risks, let us go make some money.
Eur Usd Weekly forex market analysis with forex trading strategyEur Usd Weekly forex market analysis with forex trading strategy from 4th April,2022.
Fundamentally, the NFP released reports have shown that the number of jobs added to the US economy was lower than expected, even though the unemployment rate was lower than forecasted, hourly wages did not increase. Prior to the NFP,
the US GDP reports for the 4th quarter shows a lower than expected figure with initial jobless claims reports higher than expected.
From the Euro zone, consumer price index preliminary report showed a higher than expected figure.
Fundamentals to keep an eye on the coming week include the US trade balance, euro retail sales...
Technically, price has enjoyed a long bearish move and currently has returned to an unmitigated monthly, and weekly demand
zone. An unmitigated demand zone was created on the daily time frame as well. I am expecting price to reach for the un mitigated daily demand zone from where i will be looking out for price action confirmation setups for a long trade.
Let us go take some risks, let us go make some money.
Dogecoin will blow up to $2 USDDogecoin forming a bullish rising wedge and this could be an awesome opportunity if you want to buy Dogecoin my swing trading. But I will do it. Because in the next months we could see a growth of the price in Dogecoin to take in note this cryptocurrency
My target to hit this cryptocurrency will be $2 USD and my SL to $0.075 cents and also, I entry around $0.14 cents and I buy much trade posiiton of this token to hold toward $2 USD.
And also to share the Daily timeframe, as we formed a bearish channel, the price made this broke up. But I'm very enfocous in weekly timeframe becuase this sound me a good opportunity to buy Dogecoin below of $0.15 cents like an opportunity.
Bitcoin it's ready to blow up in this bull rallyBitcoin continue with the 2nd weekly in positive and the greenback of bulls. So guys, in weekly timeframe. I see two perspective in the price to watch.
My target in $52,179 USD and $69,000 USD. So, I don't have doubt that Bitcoin could to hit the historical maximum price around $69,000 USD.
Strategy, Support, and Resistance - 3/27/2022Catching up to the market moves over the last week. Bitcoin, Ethereum, and all Cryptocurrency is trending bullish with an official bullish breakout since November. I look at the target Resistances for this current trend. Traders and Investors are slowly beginning to accept that the stock market is recovering from the recent correction as the S&P 500 has hit and broken the Resistance. Stocks like NVDA and TSLA are recovering well. I think that Oil may have topped out.
ADA/USD: Weekly timeframe analsyisThis it's very interesting what I see. Cardano it's find up a strong support around $0.98 cents in weekly timeframe.
Also guys, I update this background to blue white just for cryptocurrencies and stock market like my template for this market. So guys, Cardano it's in this bearish channel that maybe could to break up. So, tomorrow we have a clue to know the weekly timeframe on how this weekly candlestick will closed up.
So guys, I love to trade cryptocurrencies and stock market by H4, H8, Daily and weekly timeframes. I'm more Day Trader and Swing Trader for this market.
I hope that this idea support you so much!!!
EURGBP Long?It is looking like a regular MM cycle.
- 1.5-2 days of move in one direction (False Move beginning of week)
-Mid-week reversal (Wednesday)
-Thursday price came slightly down but respected Wednesday's lows
-Multi-session W
We should see a move up today into tomorrow London's session.
"The patterns repeat themselves with statistical reliability BUT the OUTCOME that the pattern is predicting is RANDOM"
Possible Bullish Run This WeekBULL:
• 1.40063
• 1.40569
• 1.41038
• 1.41566
BEAR
• 1.38777
• 1.38222
• 1.37820
This is showing volatility like it's getting ready to begin a bull run this week. But, with COVID rearing its ugly head again in some European countries, and the war, it might continue to keep dropping. We'll know when price stops jittering about.
USDJPY HIGHER TF ANALYSISPersonally, seeing those continuous pin bars on USDJPY on the weekly TF is not favourable to trade swings. Hence, I will be on the lookout on the smaller TF to look for momentum and hop on trades depending on smaller TF confluences. In depth analysis is mentioned on the chart itself.
US30 Sunday analysis 3/20/22Hello traders! here is my analysis for US30, we are currently in an uptrend creating HH & HL, breaking from previous structure. The market is approaching area 34970 which is a strong level with previous support and resistance points.
1) the market can break and retest 34970 area and continue the Uptrend (HH & HL)
2) the market can reach the 34970 area and reject towards the downside to then look for short positions (LL & LH)
Strategy, Support, and Resistance for Week of 3/20/2022Consistency is key and even on vacation I want to know my levels for the week ahead. The stock market indexes; S&P 500 and Nasdaq, had a huge rally that has brought them and key individual stocks like TSLA up to Resistance Levels. This week's price action will be KEY! Crypto is flirting with breaking out of its recent consolidation but I am being patient. Fear and Volatility about Interest Rates and Ukraine seem to be abated if we look at the VIX volatility index which is really telling the story of this rally.
Euraud Analysis from 21-03-2022We share here a continuation analysis on EurAud for the coming week.
Technically, we spotted a demand zone formed from last week an price reacted real nice but was short lived, recently we see price approach the Weekly demand zone from where we expect to see bullish reaction to take a trade from.
UsdCad Analysis from 21-02-2022The idea shared is an analysis of USDCAD for a mid term swing.
Fundamentally, The CAD has shown strength owing to the recently released
retail sales reports as opposed to the retail sales report from the US earlier on.
Sentimentally, due to the recent shortage in supply for oil, the demand for oil has increased and
given that Canada remains the 3rd largest exporters of oil, we expect to see a rise in the value of CAD.
Technically, the pair has been ranging in a supply zone as shown in the schematics and explained in our analysis video
with the recent break and close below the moving average on the weekly and daily chart.
it is expected for price to fill in the supply zone and then continue downwards.
, price may have to retest the previous support level and face
resistance there for a drop in price.
Our sentimental bias hence is to watch and plan for a sell trade on UsdCad.
Lets go take some risk, lets go make some money, Millionaire Logistics.
Euraud Buy idea from 14-02-2022. trade already activeHere We share with you a trade idea on euraud.
There is no much information fundamentally.
Technically, after a massive impulsive fall on Euraud, we saw a bullish weekly candle at a key demand zone, looking further to the daily charts we saw a bullish pin bar (Hammer) giving us reasons that the Euro may be looking interesting for a buy.
Because, we over here had already taken a buy position on this trade, we added in the analysis our entry, stop loss and expected target profit.
Let's go take some risk, let's go make some money.
BTC Bullish on weekly chart ;-)* Seems we are in a ABC Elliot correction wave ready to take off.
*People that sold at 60-70k already sold, holders who doesnt seems to continue holding.
*BTC on Exchanges are LOW
*RSI in same levels from last bullrun to 69k
My prediction is BULLISH on weekly chart.
NOTE
Weekly chart, we have to wait 3-6 months to see
Not Financial advice
Just my thoughts and wishes
GBPUSD weekly forex analysis and education for 14-03-2022The idea shared is an analysis of GbpUsd for a mid term swing.
Fundamentally, The Usd is still showing strength owing to the recently released
NFP reports. Next week will shall be keeping an eye on interest rates desions.
Sentimentally, As the UK enforces hard economic sanctions as a result of Russia's
involvement in Ukraine, sanctions placed on one of the biggest economic contributors
in Europe (Russia), Investors are likely to be skeptical backing the British pounds. For this pair, the Usd is favoured.
Technically, the pair just broke a structural level on the Weekly charts
with the recent demand zone broken (refer to our previous analysis on GbpUsd), a supply zone also
created on the 4hr chat time frame. It is expected for price to fill in the supply zone and then continue downwards.
On the Daily charts as seen too, a support structural level has been broken, price may have to retest that level and face
resistance there for a drop in price.
Our sentimental bias hence is to watch and plan for a sell trade on GbpUsd .
Let's go take some risk, let's go make some money, Millionaire Logistics.
GOLD moving to new highs? 🦐GOLD on the daily chart is testing a weekly resistance level at the 1910.
The price has broken the descending weekly trendline showing us a market strength and the uncertain economic situation can create a new bull run on XAUUSD with a test of the previous historical high.
How can we approach this scenario?
The bull pressure on the weekly resistance with high volumes can increase during this week and a break above that area will be a sign of strength.
We will monitor the price after the break and consider a long order if our Academy rules will be satisfied.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Weekly Levels - February 20, 2022 (Crypto, Stocks, Commodities)Crypto is open all week but stocks are closed for President's Day. Let's do our homework to see where the key levels are for Bitcoin BYBIT:BTCUSD , Ethereum BITFINEX:ETHUSD , the S&P 500 AMEX:SPY , Gold COMEX:GC1! , Oil NYMEX:CL1! and Apple stock NASDAQ:AAPL