Day: January 8, 2024
Futures Weekly Action Areas #ES #NQ #YM To access the weekly action areas for the trading week ahead in the emini futures markets use the links below Emini SP500 https://youtu.be/pusRlqIpGMA?si=x7iWmDF4nfSghPg3 Emini Nasdaq https://youtu.be/iGvvFSEgA3w?si=foEpdBN1mYM53vnp Emini DowJones https://youtu.be/ldGAnULo-CQ?si=RXVDxzSfwga1y_lq Source: Tickmill
BTC Higher on Monday Bitcoin prices are on the rise today as optimism over expected SEC approval of ETF applications continues to build. The SEC currently has until January 10th to decide on the current batch of applications. Names such as BlackRock, Fidelity and Grayscale Investments have submitted applications with news this week that Fidelity […]
TitlePotential Bullish Breakout TypeBullish Breakout Preference:Price is rising towards the pivot point of 1.33726 which is a pullback resistance and could potentially break above this level; we could see momentum carry price up to its 1st resistance at 1.34879 which is a pullback resistance level. Alternative scenario:If price breaks below the pivot point, it could […]
TitleGBPUSD M5 | Falling in the short term? TypeBearish Reversal Preference:Price is rising toward the pivot point at 1.27195 that aligns with the 50% Fibo retracement. A reverse from this point could lead the price to fall to 1st support at 1.2670, a pullback support level. Alternative scenario:If price breaks above the pivot, it might […]
TitlePotential Bearish Breakout TypeBearish Breakout Preference:Price is falling towards the pivot point of 77.445 which is a pullback support and could potentially break under this level; we could see momentum carry price down to its 1st support at 75.37 which is a swing-low support level. Alternative scenario:If price breaks above the pivot point, it could […]
TitleEURUSD M5 | Bullish bounce TypeBullish Bounce Preference:Price is falling toward the pivot point at 1.0925 that aligns with the 161.8% Fibo extension. A bounce from this point, could lead the price to rise to 1st resistance at 1.0946 Alternative scenario: If price breaks below the pivot, it might fall to 1st support level 1.0900 […]