The structure is straightforward: GBPCAD has broken below the trendline and is currently retesting it. We anticipate a rejection at this point, providing us with an opportunity to initiate a sell position.TP and SL are marked. Always follow risk management.
Gold just return to the origin now am expecting gold price to run all the liquidity below 2340 then make its way down to the sell side liquidity at 2270 now taking a short from this zone JOIN AND ENJOY........ Tell us what you think............?
GRTUSDT was trading under the declining trendline. The price was reacting well the support and resistance of trendline Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target...
My Dear Robbers / Traders, This is our master plan to Heist GBPNZD based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be...
US100 has reached its all time daily and weekly highs Should reverse now to take liquidity Shorting based on previous HL being broken and new HH not being formed
strong bouncing the respected trend means the VKCO still accumulating the momentum befor taking a specific decision
I thought that the major wave 2 correction should end at 0.092 for quite sometime. However, there are 2 things I think it make my thoguht is wrong. 1. This sideway is too long to be subwave 4. 2. Yesterday candle broke sideway trend and today candle retest it then go up. I start to buy and hold my position from today. Yeah, I might wrong again.
INFY had a falling wedge pattern in daily time frame. As per my analysis a sharp rally can be noticed in coming days.
@everyone Trading in a bullish pennant pattern involves recognizing the setup and then executing trades based on the pattern's characteristics. Here are three key points to consider: ### 1. Identify the Pattern - **Formation**: A bullish pennant forms after a strong upward movement (flagpole), followed by a brief consolidation period with converging trendlines...
FTMUSDT was being accumulated from couple of weeks and was traded in range bound. later buyers took the charge and decided to put it in clear direction and has given breakout of range tight market. Breakout is seems very strong and if this breakout sustains then the next upside target could be 1.05 which is decent 30%.
My Dear Robbers / Traders, This is our master plan to Heist Bullish side of GBP/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish...
Despite Nifty showing Bullish and Bearish Signals Adani Group is forming the parallel channel We are not quite sure as the market is still in a retesting position if the market continues to reject we can expect Adani to make Low to 700 rupees from 3000 rupees!!!! Is this connected with the elections? I am quite sure that it is If The NDA forms the government again...
Completing a neutral triangle pattern, we expect a drop to the minimum range of 52.30
There is a possible trend reversal on the Daily timeframe. Stop loss: 1.10304 Take profit: 1:08154
JSE Top 40 Index Short Term Rating: Overbought Also highlighted is the reading from my model. This highlights my view for 3x trading time frames: Short Term ( 1to 10 days) Medium Term (2 to 4 weeks) Long Term (5 to 8 weeks)
Nothing really dies in crypto lol Theres always one more pump left lol Sad state of affairs to all the people who got their coins stuck in celsius But the the FTX fallout could give credence that people will actually made whole. Technically the chart points to good news down the road ..... or could be traders wanting to pump something that hasn't moved much...
Gold recently became extremely overbought in momentum terms against ALL major fiat currencies. For example, the following daily charts show that based on the daily RSI(14), a momentum indicator included at the bottom of each chart, gold recently became as stretched to the upside as it was at any time over the past 15 years, including at the 2011 major peak,...