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activity slowly falling since it peaked at $2,450. This is a pullback that may bottom around $2,260-80.
In trading, Less is MORE
✅Less news
✅Less noise
✅Less trades
✅Less opinions
✅Less indicators
downside paused amid downbeat US PMIs. However, no clues for upside continuation yet.
slipping amid stronger
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Fed's rate cut odd reduced from 65% to 54% in June. This should give a boost to the dollar.
looking for a 1.0900 breakout.
corrects lower with a declining open interest. Good to buy on dips.
lacks buying momentum as shown by declining open interest and may fall back to crack 1.0795 double bottom.
Bearish flag pattern on H1.
Bearish reversal on H4.
Bearish pinbar on D1
Declining daily open interest.
Double bottom at 1.0802 and 1.0762, acting as potential targets.
driving a bearish trend fueled by a widespread bar. Sellers aim for breaking $2,000. Bearish invalidation above $2,050.
Up and ready for ?
Dollar lost its momentum on poor ADP. Will it roar back on the Fed's potentially hawkish tone?
What's your bias on ?
Don't get trapped in buying as upside seems exhausted by and .
A divergence in open interest and volume suggests bulls lack conviction.
Strategy: Sell on strength.
Are you a beginner too? Just beware of market complexities and fake services.
FTMO bans US traders. What's best alternative now?
🇯🇵 e-commerce giant Mercari is set to accept payments, marking a significant step towards crypto adoption.
Happy New Year!
May y'all have a profitable 2024.
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trying to correct higher.
But the volume doesn't support.
The bearish flag pattern asks for a wait n watch to enter the short on breakout.
daily open interest slightly rises, challenging any attempt to recovery.
Wait for tomorrow's data for a decisive action.
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