In the past hours, OIL (WTI) experienced a sharp rise driven by news of Iran's president's death, which significantly impacted market sentiment. This surge allowed OIL to break above the bearish channel and catch the liquidity over the resistance zone, as illustrated on the chart. However, despite this upward spike, the price action suggests that OIL may continue...
SPY is currently in an uptrend, and failure to break and stay above 531 will lead to a double top, which will likely see the stock come back to the 519 level.
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26700 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26700 support and resistance area. Trade safe, Joe. Let me know what do you think about inflation progress in the comment section
boost and follow for more❤️🔥 a recent fake out breakout past resistance zone, now sitting at a trend support.. I wont be surprised to see it slice through trend support and head down to 97-100 targets in the next few weeks or so 🎯
Right at the resistance- It is always good to book some profits at resistance. I would like to wait for confirmation if breaking out. though I kind of lean towards break down. If it goes as per my plan I would like to accumulate at the specified accumulation range.
GBPUSD is about to entered in strong resistance zone. Price is been on strong bullish run from last few days but now has entered into bears territory, will the bears get active active and send price back to 1.2500 region ?
Bullish indications: HHHL Inverted head and shoulder pattern formation but not broke out yet in resistance at 18583 Made a new high Morning star candle from the support 18459 Moving average 20 respected from the bottom. Trade plan bias long @ 18595 SL:18537 TP1:18664 TP2:18738
#UNFI NYSE:UNFI has created a perfect masterpiece for us. Looking at the chart, a clear triple bottom formation is visible. I expect the scenario to unfold as shown in the chart.
Continued downside on corn amid supply issues. Nice clear technical downtrend with volume profiles confirming direction with P-shape and POC at lows of days indicating price acceptance continues to move lower. Price rejecting off previous swing low, 50% fib retracement with EMA confirming trend. Possible entry on break through counter trendline and target at...
XAUUSD SELL ENTRY 30MIN support is breaking entry 2429 Tp 2415 Sl 2433.300
On Friday , The GBPUSD experienced Significant volatility leading to a notable Uptrend moment. This Action in the formation of a low Resistance liquidity Zone, indicatating minimal resistance for the price moment through This level. Additionally the price left relatively equal low, suggesting the pressure of H4 sell Stop.
Bitcoin (BTCUSD) is on yet another green 1M (monthly) candle and if it closes that way it will be the 8th in the last 9, a natural Bull Cycle rally. This is taking place around the former All Time High (ATH) level for the 3rd month in a row. A similar consolidation (blue circle) took place during each and every past Cycle and every time a very strong rally (green...
ENA Analysis and Signal on 4H 🔵Entry Zone 0.662 - 0.684 🔴SL 0.6122 🟢TP1 0.7406 🟢TP2 0.8038 🟢TP3 0.8844 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...
Global-e Online Ltd., ( NASDAQ:GLBE ) the leader in global Direct-To-Consumer eCommerce enablement, reported its Q1 2024 financial results, marking a great start for what they believe is set out to be another pivotal year for the company. The company's strong results, including numerous client adds and business expansion across all geographies, and with the team's...
Gold has been rising all the way to new highs. After gold hit a high near 2450, it encountered resistance and fell back. The strength of the rise has weakened. In the short-term trend, the top shock has obviously narrowed. In the short-term, it may re-choose its direction. Moreover, the technical level deviates from the technical indicators, and gold has a need...
GOLD ENTRY FOR THE WEEK - THIS IS GONNA BE WILD GOLD POSITION TRADE ENTRY FOR THIS WEEK Timestamp: 5/20/2024 7:30 PM GMT +8 ___________________________________________________________________________________ Disclaimer: Your capital may be at risk. This material is not investment advice.
EURAUD has strongly retraced to supply area at 1.6280. In the past this supply area been dominated by sellers the sellers putted the price from 1.6340 to 1.6200 even to 1.6200 number of time. Will the sellers dominate this time too ?