Bitcoin "still in Pullback" IdeaAs the chart shows, i think BTC has broken out a long bearish trendline and it's normal for it to have a long trading range after it, Or, a long pullback in this scenario.
So, I see bitcoin in bullish trend line for the coming year (2023), but it needs to touch back the trend line she just broke and then we are ready to jump!
I think there are pretty strong supports for it to touch and then return, the strongest is 10k and if she wants to reaction to this price, she might see 9500 or 9000 price tag and then begin a bullish trend line. But start of the bullish movement can happen at any given time (even now!)
Pullback
💢SELL DJI at the best place and price💰🔰You can see the analysis of the Dow Jones index in the four-hour time frame (DJI _ 4H) 🔍🧨
💥Considering that the price has been able to break the Up trend line🖤 and pullback💜 to it, if the price can reach the intersection of the SUPPLY zone and the Up trend line🖤, it can fall to the DEMAND zone🔻
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SPX: Another BULLSEYE! Is there a Bottom now?• Today, SPX hit our target at 3,911, as we described yesterday (the link to my previous public analysis is below this post);
• So far, there’s no bullish reaction indicating a possible bottom. In the lack of signs confirming a bottom, the next stop is the 21 ema;
• The volume is still low, which reinforces the idea of a correction;
• Any bullish reaction near any of these supports might indicate a buy, as there’s no reversal sign on the index yet (it is still doing higher high/lows). I'll keep you updated on this.
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🎁Profit +280 pips if you buy USDCAD in the right place🧨🔰You can see the analysis of the US dollar to Canadian dollar currency pair in the one-hour time frame (USDCAD_ 1H) 🔍⚡
🌟Considering that the price has been able to break the Down trend line🖤 and pullback💜 to it, if the price can reach the meeting point of the DEMAND zone and the Down trend line🖤, it can rise to the SUPPLY zone🔺🚀
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🔥Sell the GBPUSD in the right position and profit +240 pips🧨🔰You can see the analysis of the pound to US dollar currency pair in the 30-minute time frame (GBPUSD_ 30min) 🔍🧨
💥Considering that the price has been able to break its Up trend line🖤, if the price can reach the meeting point of the SUPPLY zone and the pullback point of the Up trend line🖤, it can fall to the DEMAND1 zone 🔻
Do you think this analysis can be profitable❓
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🧨Sell position of AUDUSD with +350 pips profit⚡🔰You can see the analysis of the Australian dollar to US dollar currency pair in the 4-hour time frame (AUDUSD_ 4H) 🔍🎁
✨Considering that the price has been able to break the Up trend line🖤, if the price can reach the intersection point of the SUPPLY zone and the pullback area, it can first fall🔻 to Support1🧡 and then to support2🧡
Do you think this analysis can be profitable❓
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______📈TRADER STREET📉________
The DAX could retrace further from its ‘bull market’ thresholdThe DAX entered a technical bull market on Tuesday by closing just over 20% higher from its September low. I have lost count the amount of times I have seen a market pull back from the 20% threshold (which is based on no logic that I can see, other than being a nice round number) – so that is just the first clue that the DAX could pull back further.
But we also saw two Doji candles leading into the high, prices were rising on lower volume, and a bearish divergence has formed on the stochastic oscillator. Therefore, the bias is for a retracement towards the 14,000 area whilst prices remains beneath 14,440. At which point we can re-evaluate its potential for a move up to the 14,709 high. A break above this week’s high assumes bullish continuation.
Earn +140 pips of profit by selling NZDCAD at the right price🧨🔰You can see the analysis of the New Zealand dollar to Canadian dollar currency pair in a 15-minute time frame (NZDCAD_ 15min) 🔍🎁
⚡Considering that the price has been able to break the up trend line🖤 and pullback💜 three times, it can first fall to the Support🧡 and then to the DEMAND1 zone🔻
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
____📈TRADER STREET📉______
💢SELL NZDUSD and get +160 pips profit💰🔰You can see the analysis of the New Zealand dollar to US dollar currency pair in a 15-minute time frame (NZDUSD_ 15min) 🔍🎁
⚡Considering that the price has been able to break the Up trend line🖤 and pullback💜 to it twice, if the price can reach the trend line again, it can fall to the DEMAND zone🔻
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
______📈TRADER STREET📉_______
Cable Is In A Correction Within UptrendCable made five waves up from the 1.0353 lows, which suggest that bottom is in place from Elliott wave perspective, but more upside can be seen after a corrective pullback.
We know that after every five waves market slows down for a three-wave setback that is now underway. Probably the pair is going to form an A-B-C flat correction, currently trading in wave B rally that can stop at 1.16-1.17 resistance. Ideal support for the whole correction will be at 1.08-1.06.
Trade well!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
US 100 Analysis Price action
support and resistance
market structure
impulse wave
correction
break out
The next sell levels on EURUSD On Friday we had a bullish impulse on EURUSD that took price to 0,9966.
This move will most likely continue towards 1,0050.
These will be the next levels where we want to see rejection i potential selling opportunities.
This week, we have important news that are going to affect the market again.
Does Gold doing wave C? part 3According to a previous post, Seem wave A may be an X wave, and the b correction was finished, So the bigger picture may be a Zigzag, To enter the Sell/Short position wait for the breakout/pull back, Confirm by price action (If I was correct, The price should go further to 1562$, the normal Zigzag target, but truncated can be happen too.)
OANDA:XAUUSD