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Economic Cycles

CAKE : buy in low Analysisfor CAKE/USDT Author: ahmadarz In this analysis, we are reviewing the CAKE/USDT pair. According to the provided chart, the price is at the lower support area of the trading range, and the entry point is specified. Key Points: - Entry Point: 1.943 - Target Prices (TP): - TP-1: 1.966 - TP-2: 1.989 - TP-3: 2.014 - TP-4: 2.042 - TP-5: 2.087 - Stop Loss (SL): 1.917 - Explanation: The best position to enter a buy trade is in this support area. Target prices are specified sequentially, and the stop loss is determined in case the support area is breached. Caption: 🔍 Analysis of CAKE/USDT: The price is in the lower support area of the trading range. The entry point is set at 1.943, and target prices are specified. 📈 Warning: This trading signal is based solely on technical analysis, and the trader is responsible for any decisions made.
Long
by ahmadarz
Dollar Strength On The Horizon?EURUSD: With price in a daily premium, the 4H has begun trending lower, characterized by the clear push lower, consolidation and breakout to the downside. I'll be anticipating a pullback to premium within the current 4H minor range and a continuation lower. USDZAR: Price formed a near miss of daily targets at equal lows before a rally higher into 4H premium. We're still trending to the upside with potential for further continuation to the upside. I'll be cautiously watching this pair, looking to take it higher if we respect discounted levels.
by The_Modern_Day_Trader
nas100 Identifying Key Levels The chart highlights several significant levels and zones that influence the current market behavior: • PMH & PML: Previous Month High and Low, serving as significant resistance and support levels. • PWH & PWL: Previous Week High and Low, indicating recent market highs and lows. • PDH & PDL: Previous Day High and Low, indicating recent market highs and lows • Daily FVG: Daily Fair Value Gap, indicating areas of market imbalance. • BSL: Buy-side Liquidity, areas where buy orders are placed. • SSL: Sell-side Liquidity, areas where buy orders are placed.
FUSIONMARKETS:NAS100
by tanasepatasanu
Long trade Buy-Side Trade 21st July 24 Entry: 69,660.7 Profit Level: 69,660.7 Stop Level: 67,734.3 Risk-Reward Ratio (RR): 4.7 Time Frame: 15 minutes (TF) Entry Time: 7:00 PM Outlook According to Todayq News Jul 20, 2024, 08:59 GMT+1 News Driver Bitcoin (BTC) has hit its highest price in a month, backed by strong trading volumes for BlackRock’s spot Bitcoin ETF (IBIT). This price movement coincided with a major IT outage caused by a software update from cybersecurity provider CrowdStrike, leading to widespread disruptions for airlines, banks, and businesses globally. This incident highlighted the resilience of decentralized systems like public blockchains compared to centralized networks. Despite these gains, Bitcoin remains within a multi-month trading range between $56,000 and $73,000, supported by strong institutional demand for December $100,000 Bitcoin call options. More importantly, Mads Eberhardt, a crypto analyst at Steno Research, expressed a bullish outlook for crypto assets for the second half of the year. Eberhardt, cited several tailwinds, including potential U.S. interest rate cuts, increased liquidity, regulatory clarity in Europe, and the possibility of more crypto-friendly U.S. leadership.
Long
by davidjulien369