Leverage: Max 10x Analysis: #HOT already broke down the symmetrical triangle pattern and is looking bearish. Entry Range: $0.002250 - $0.002300 (Enter Partially) Targets: Target 1: $0.002180 Target 2: $0.002120 Target 3: $0.002060 Target 4: $0.002020 Target 5: $0.001940 Target 6: $0.001850 Target 7: $0.001750 Target 8: $0.001650 Target 9: $0.001500 (Short-Mid...
Has a gap to fill quite far down but bears look hungry to take this one down after a great run so far in 2024
XAUUSD analysis: Gold has broken the descending trend-line that was connecting the bodies of the candles on the 4H this was (also acting as a resistance) line holding price. Another descending trend line has been issued this time wick to wick to see if we have a fighting chance on the 4H but if this one will not hold we might see price approach the next major...
EUR/JPY Technical Analysis: - Current Pattern: Rising Wedge - Implication: Bearish (Potential Price Decline) - Expected Target: 0.382 Fibonacci Retracement Level
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Global gold demand growth is driven by increased over-the-counter market investment, continuous central bank purchasing, and heightened demand from Asian markets, especially China and India. This growth is reinforced by geopolitical tensions in the Middle East, leading to a preference for safe-haven...
OANDA:GBPCAD has been in bearish trend. Recently, It broke the last low with great selling momentum. It has been retracing back to fib 50-75% discounted levels where we can look for selling opportunities up to recent low.
OANDA:GBPUSD is in bearish trend forming a series of Lower Lows and Lower Highs. It is now retracing towards premium 50-75% fibonacci levels where we can look for short setups.
A very clear and consistent HH-HL price action and measured moves down ! I believe we will see a retrace back to the TrapZone. what do you think ?
This is the support for Angle going UP . IF we break this and the RED UMVD continues may see the lows again. DOWN Trend is intact with ANgle 3 Down at the moment.
Vedanta is bearish in the hourly (intraday) chart. There was an attempt at trend change but it failed. I have gone short for target of around 390. #Educational purpose only
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Minneapolis Fed President Neel Kashkari's recent suggestion that the Fed may halt changes to interest rates and possibly increase the federal funds rate if inflation doesn't decline has strengthened the Dollar. This week's economic agenda includes more commentary from Fed officials, Initial Jobless...
We've seen an extremely bullish year so far and the past few weeks have seen to be the last push of the current leg. Seeing the amount of bearish RSI divergence taking place among many of the major indices I'm going to take a short position taking us down to the previous resistance, which is also the potential support of the cup & handle pattern visible.
I've made good profit playing MSFT calls over the past year. But now I'm seeing evidence that a major top is in, and there will be some explosive downside near/mid term. Sell zone is 410-420 (so if it goes to 420 I'll take that as a gift to load June puts). Expecting the reversal to the downside to begin by May 10th. Target 1 = 399 by 5/17 Target 2 = 390 by...
I've been away refining my method and have returned to deliver a series of important predictions for the coming weeks. The first is a look at the general market using S&P futures. Here is a summary of this chart: ** 2 key levels (above and below): 5163 was the breakdown level from back in April - a retest of this level for resistance is very bearish, but if...
DPZ has one of my favorite bearish setups. Most bearish case = 470 by 5/14/'24 (earliest,if it hits by then this is only the initial target) Least bearish case = 470 by 6/7/'24 (if it takes that long to hit it will see a relief bounce in June before continuing lower. **Breakdown level = 517.95** Stop loss = 526 ~If 470 hits by 5/14-5/23, then its very...
Technically this stock has bearish structure on a hourly chart indicating weakness and fall to come in coming days. Fundamentally the recent quarters were extremely bad and it can easily correct to 380 levels. Big people seems to be distributing stocks on a higher levels, whenever demand become weak, the stock can easily correct 5% plus in a single trading...
Head and shoulder pattern... Primary target : 600 Final Target : 534.6
Double top spotted! If horizontal line gets broken, then I will enter a short position. TP 1.702