gmt is currently testing on both daily trend line which is really strong and the previous daily resistance too.so we can see a potencial rejection the it will fall till previous broken resistance which become the support
🪙 Gold under pressure from strong doalar. In today's analysis we will look at the chart of gold, which in the current week has shown that there is no strength for any increases. 🪙 After the rebound that took place 2 weeks ago, we could have hoped for an enlargement and extension of the upward correction. 🪙 But decisions to raise US interest rates again by...
The weekly chart shows the stock is moving in a contracting triangle. If you extend the lower end of the triangle on the left side, we can see that the extended trendline marks swing highs registered during the bull run of 2014-2015. That makes the lower end of the triangle all the more important. So, potential breakdown could bring sharp losses.
Hey traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.65, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.995 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, Take a look what I spotted on NZDUSD pair: the market is stuck between a recently broken major falling trend line and a horizontal zone of demand. I believe that the future direction of the market will be determined by a breakout of one of these structures. Bullish breakout of a trend line will trigger a strong bullish move, while a bearish...
doge rejected from previous wely support.we could expect a rejection to the downside.
Hello,Traders! DOW JONES is trading in a downtrend In an opening wedge and the price Is about to retest the falling resistance From where a bearish pullback Will be expected Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅BITCOIN is trading in an uptrend And the pair was making a bearish correction But is now retesing a horizontal support level From here I am expecting the pair to go up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
31/10/2022 LONG SIDE INTRADAY(5MIN) AXISBANK Trendline breakout in 5MIN TF taking support from support line retest happened in 5min tf bullish structure(Higher Highs and Higher Low)marubozu formation in 5min tf ENTRY-904.7 SL-902.3 TARGET-909.5 R:R-1:2 MOVE-0.53%
Hello ladies and gentlemen, according to my chart analysis and the earnings of mastercard , there is a high probability of an increase towards over 329.20$
Hi guys After exiting the triangle, this currency can grow to the length of the triangle, we have to see if it can exit the triangle to the top or not, but I think it can reach the target of 2684 then 3535 .....
Keep an eye on this stock it is trading at a major resistance level; expecting a BO here, after that one can be a Swing/ Short term trade.
There is a beautiful pattern in this stock and today it has given a good BO, from CMP we can aim for 2 Targets after that according to the price action we can aim for higher levels too.
It has given a strong BO with good volumes so can be a good swing trade, 9% Target is easily achievable by taking 9% Risk.
💶EUR/USD Euro is growing in strength 💶The euro is showing signs of strength in the current week. Is a correction in the downtrend getting ready? 💶Looking at the Unemployment rate in the Eurozone, it stands at 6.6%, the lowest on record. 💶Inflation is already close to 10% and on the 31st when there will be a flash year-on-year reading it is forecast to be...
BYBIT:IOTXUSDT.P 4H time frame - IOTX already broke the triangle and rerested the upper downtrend. It also met Dow Theory of entry, so we can long it here. - Entry: Market Add: 0.2725 TP: 0.0305, 0.0355 SL: 0.0267
💶EUR/USD where the correction will end. 💶Following up on my last post in which I wrote about the trend reversal on the eur/usd pair to an uptrend 👇👇👇 💶After a beautiful breakout to 1.008 levels and above parity. 💶We have again dropped below parity and in this post we will look at where we can see the correction ending. 💶Looking at the price action,...