GBP_NZD WILL FALL|SHORT|
✅GBP_NZD is about to retest a key structure level of 2.1908
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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Smartmoney
AUD-USD Long From Support! Buy!
Hello,Traders!
AUD-USD keeps falling down
In a strong downtrend but
The pair will soon hit
A horizontal support
Of 0.6350 so after the
Retest of the level we
Will be expecting a
Local bullish correction
Buy!
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$BITF - Time to Shine?NASDAQ:BITF
This stock have been relatively unimpressive since its big rally in March 2024.
Bitfarms Ltd. NASDAQ:BITF presents a compelling bullish opportunity for investors as the company positions itself for significant growth. Despite underwhelming performance since its March 2024 rally, recent developments suggest potential for higher prices in the months ahead.
With Bitcoin crossing the $100,000 mark, Bitfarms is well-positioned to capitalize on increased cryptocurrency adoption. Its synthetic HODL strategy, which saw a 286% rise in long-dated Bitcoin call options, reflects confidence in higher Bitcoin prices, further supporting its bullish outlook
In conclusion, Bitfarms’ strategic upgrades, market positioning, and Bitcoin’s bullish environment support a favorable outlook. Investors seeking exposure to the cryptocurrency mining sector may find NASDAQ:BITF an attractive candidate for medium- to long-term growth.
I will post further Exit/ TP objective as we see NASDAQ:BITF move out of its current consolidation.
DXY AND CORRELATIONS i wanted to show you guys what to be aware of and real trades i will be taking on my channel, i do scalp majority of the time i just didn't do it today because of news but i will be looking for scalps as the market settles for next week and wanted to show you a scalp that is my favorite to look for in terms of trading SMC concepts.
I wanted to run you through GBP/USD its one of my favorite correlators with dxy there was a definitely set up that i trade 99% of the time unless news in in the way. i still wanted to show you guys because it will be a reoccurring trade here that you will see repeatedly.
Let me know if this helps you :)
DXY Position for 12/6 - 12/13/24Hey guys i want to give you guys some insight as I've been trading these concepts for the last two - three years now using these concepts. I don't really care what people think I'm strictly using this a way to show you guys that these concepts work i try not to over complicate it and for two I'm not always right i do get it wrong but will use great risk reward to out weigh my losses.
So to start we have High impact news tomorrow, Which is what i will be watching for ideally i want the Short term buy side liquidity to be ran through tomorrow but again I'm going to be watching because it doesn't necessarily need to it can easily dump to buyside imbalance sell side inefficiency without returning to the liquidity on the buy side.
I will be waiting before i make a decision if we do get a aggressive move tomorrow towards the upside then i will be waiting for a shift in market structure back down to the liquidity on the sell side again I'm currently neutral until we get more insight for tomorrow
but i hope this helps. let me know if this helps you :)
NZDCAD: Bullish Continuation is Highly Probable! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDCAD pair price action which suggests a high likelihood of a coming move up.
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