GBPUSD - 240 MINS TIME FRAMEThe Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on the chart.
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap.
we do not get into bullish or bearish traps. we anticipate get into only big bullish or bearish moves.
Just ride the bullish or bearish impulsive move.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments respectful.
Thanks for your support....
Technical
BTC MarketAction Analysis (Techno/Funda Analysis)After breaking its ascending channel that lasted for about 2 months, BTC fell in a falling wedge from the 25,000 to 19,500.
Now BTC is in its demand range and according to the importance of this level which has the potential to reverse price, and the orders available in this range, there are 2 scenarios:
Bullish scenario : It is possible that if the demand increases in this range, the price will rise to the $25,000 range.
Bearish scenario : considering the macro factors ( Economic Data, Inflation, War, Political conflict about the JCPOA which can lead to gas shortage in upcoming winter) and also the price ranging at this level unlike the previous times, if demand decreases and sell pressure increases, we may once again see the price drop to the 17,500 and if it does not hold above this range there is a possibility that the next support will be seen at the 16,400 range.
usdjpyusdjpy this pair is rising like real tsunami 25 years a go japan was on this price. as i have marked 1991-1998 price fall from there 2wice will price will fall again from this price..? i am on sell next weak what you guys up to let me know.
i saw a big pull back bearish in side candle on H4 chart waiting for to retest and do the action.
SPX SP500 Bottom predictionHere is my prediction of the SP market bottom.
How do we get here. well currently the small and medium stocks that were overpriced have been smashed, I'm talking about all specs the poster child of the 2020 run, all speculation stocks lemonade, zoom, peloton and other retail favourites have been killed.
Ive always said the market will bottom when the big names finally give way, I'm talking about apple Tesla Nvidia has already started. eventually the market masters want to buy at prices they always want to buy at, cheap. when Tesla finally comes from 100 PE ratio to 40, apple back to 20 nvidias down to 25 that's when the market bottoms. its always the big stocks that hold the market up last and right now we are in that phase.
keep your eye on Apple its currently around 158/160. this could easily collapse to 130 again if not lower Tesla down to 180/200. this will be the time to load up for the next 5 -10 years. patience is key here don't fight the fed, trend is your friend and no real reversal is in play imo until demand destruction has happened, recession is here, unemployment comes up to 7/8%, interest rates continue to raise higher causing new mortgages to come to a stand still as people won't be able to afford to buy, housing starts coming down again all of this is definitely possible in my opinion. don't forget loads of other macro events too.
FRAUSDT 4H analysisfra has reached a support area and hidden divergence can be seen in rsi and it has also reached the saturation area in the bollinger band , considering the recent falls of this currency , it can be a good option to buy.
WAVEUSDT 1D analysis wave is in a trading range and it is also forming an ascending triangle . i determined the entry range using the measured movement , and the target is the ceiling of the channel.
#btcstarburst A Possible Good Start ?No one should call the top, or bottom… Its hard to do. One bitcoin is worth what someone will pay. The range is from $0 to $70k apparently so far. $20k is where BTC likes to play… DCA safely as always this is a Gann study Can we go lower? Always we could go to 3k in a flash, we could go to 40k in a flash… always have some cash if you are investing in this for the future… Is it worth it????? It depends on what your long term plan is. Do you believe in BTC or do you believe in other projects like ETH… Some say ETH has much more potential… The fact is DCA into both if you are in to crypto if that is your plan… this is just a study… Be safe
CHFJPY trade.Hello Traders!
CHFJPY reached a mass psychology at 138.917 since 2015 and currently ranging above it with a corrective behavior.
We might see in the long term an upside move heading towards the upper trend line at 157.000 level.
I personally took my short position on CHFJPY as a hover / double top (15 mins chart) at 143.292 level.
Given that the price of CHFJPY been ranging below 144.000 level since 29 June 2022.
I am interested to take short positions instead of longs in this area.
Wait for the right pattern before executing.
Patience is key.
#THEPRIMES
TESLA ,Bears keep pushing down ?Hello ladies and gentlemen, according to my graphical analysis of TESLA stock , I guess the price will go downwards which is confirmed by the Big red volume ,also the power of bears who keep pushing down .So the price has a high probability to retest the support mentioned or even break it ,then it will be a good opportunity for us to Buy ,because according to the last weeks the price made pullback in the blue line ,then it turns upwards.
If you have any idea or suggestions ,write below to discuss about it
MATICUSDT 4H analysismatic is in a trading range and has recently hit the ceiling of this range and falling , entry price . target and stoplosses have been determined.
BTCUSDT 1D analysisbitcoin is in a trading range , the bottom range of this range has been determined , and using the measured movements , the lowest btc price within this buying range has been determined , the first target is the 0.5 fibo retracement range , and the second target is the beginning of the range. sales are suffering.