EUR/USD:PRICE IS GROWING | TRIGGER SETUP FOR SHORT POSITIONHello Everyone, I hope you'll Appreciate our Price action Analysis !
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AUD/USD:NEW BULLISH IMPULSE READY ON CHANNEL | LONG Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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EUR/USD:POSSIBLE REVERSAL COMING | LONG SETUP⚡️Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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NZD/JPY:BULLISH CHANNEL | PRICE IS READY TO GROW ! ⚡️Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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EUR/NZD:BULLISH CHANNEL | PRICE CAN GROW AFTER RETRACEMENTHello Everyone, I hope you'll Appreciate our Price action Analysis !
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BTC/USD Forecast Fundamental Analysis | PRICE ACTION LONGThe cryptocurrency market continues its correction, with $500+ billion wiped off the market cap over the past week. As global financial markets extend their losses, driven by high inflation, central bank monetary tightening, ongoing supply chain bottlenecks from the Covid-19 pandemic, and geopolitical conflicts, smart money dumps risky assets led by Bitcoin and Ethereum. It ended comparisons of Bitcoin to gold, which rallied as global tensions rose, while Bitcoin led the crash in risk assets, down 50+% from its latest peak in November 2021.
Oil prices spiked to above $100 per barrel, fueling inflationary pressures and keeping downward momentum on risk assets. The 30,000 level is likely to attract price action in the BTC/USD, with a breakdown to the June 2021 lows just above 28,000 likely. A breakdown below support can accelerate the sell-off into 20,000, and traders should remain patient over the following few trading sessions. As institutional investors shore up cash, they sell non-important assets, where Bitcoin ranks number one.
Bitcoin has been under pressure for several months, and over the past two years, many cryptocurrencies outperformed Bitcoin, as they offer better value, faster transaction times, cheaper costs, and higher scalability. Bitcoin will lose market share, as is Ethereum, as its status of a disconnected asset and a safe haven were proven wrong by real-world events. Rather than thriving during the risk-off period, like gold and silver, Bitcoin became the first victim. Investors should think about what purpose Bitcoin can serve, while traders should exercise caution before rushing to buy the dip.
NZD/USD:BEARISH CHANNEL | PRICE CAN DROP MORE ! ! Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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USD/CHF:BULLISH CHANNEL | PRICE IS GROWING FAST⚡️ Everyone, I hope you'll Appreciate our Price action Analysis !
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GbpAud SwingGBPAUD has been showing bullish signs on 1D TF.
The pound has been showing some strength whiles AUD is still generally weak as shown by our economy value flow models.
Price has approached an interesting zone which is of critical interest to us.
A LTF reaction is giving us an indication to go expect this zone holding. To find out about this LTF reaction check my bio
We have a limit order set
GBPJPY long IdeaDo your own analysis ...
Dont Forget Moving Stop-loss At Break-even
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
TLM/USDT: Falling wedge has been broken! The price of Alien Worlds Trilium (TLM) is 0.22 now.
We are in important zone right now (Purple circle in the chart),
where Falling wedge has been broken up and the price is sitting on historical strong support.
We also see M pattern which expect that the price will go back to a Neck line (Green dashed line).
Happy trading, Alex_UCT
EGLD/USDT Analysis: Strong price reaction soon!On the EGLD / USDT chart we see how the trend lines are squeezing our price.
The price is falling to very strong support, where the EMA 200 Daily is also important.
This place of strong confluence TL + S/R + EMA200 is marked in the purple box.
Here we expect a strong price reaction and an upward price reflection.
If all the conditions of our Price action strategy are met, we will enter the Long Position.
Happy trading, Alex_UCT
1INCH / TETHER analysis. Will we Short or Long?? 1INCH is located at the end of the triangle and the price is squeezed. We assume a break of the triangle and a retest of one of the broken lines.
If a breakthrough occurs and all the rules of our strategy are satisfied, we will enter the trade with several levels for take profit.
Everything will be shared with our members. Here you can see how the situation is going in time.
Please leave a comment or like.
Happy trading, Alex_UCT
Multi-timeframe analysis for MATIC/USDTMATIC is progressing nicely up the trend line.
Now there is a reflection on the D1 chart and MATIC can go up, however, this chart is also dependent on Bitcoin, as well as other altcoins.
When we switch to chart H1, it reflects again the current trend line, which is in confluence with the current support and Pivot point S2.
The green levels are marked for resistance, which is used for possible Profit targets, while the red levels are used for placing stop losses.
Our students have all the information about whether we will trade this opportunity and also what levels we will use for our eventual trade.
Have a nice day and Happy Trading. Alex_UCT