Intermarket analysis of Oil ETF relative to SPX. This graph works because oil moves based on inflation, economy, commodities etc. Some of these spots were almost "risk free" (until proven otherwise). Meaning 100% - until something changes. Where are we now? USO needs to find support - and then we see.
If you believe Tuesday's move to the downside to be a fakeout, one potential play could be as shown on the chart. Target would be range highs. Personally would not consider trading this move.
Overview: Rico Auto Industries Ltd. (Rico) is currently retesting its multi-year support level, which suggests a critical juncture for potential investors. The price range of 110-114 has been identified as a significant support zone where the stock has historically shown tendencies to reverse. If the stock manages to reverse and sustain above this level, it could...
US30 New Forecast Nasdaq and S&P 500 Futures Rise on Chip Stock Rally Following Nvidia’s Positive Revenue Forecast Futures tracking the tech-heavy Nasdaq and the benchmark S&P 500 climbed on Thursday as chip stocks rallied, bolstered by Nvidia's optimistic revenue forecast, which strengthened investor confidence in the rapid growth of artificial intelligence...
💥Since the shock increase and decrease on Monday following the speeches of Fed officials, the gold price (XAU/USD) has had almost no significant fluctuations, fluctuating around 2,420 USD/ounce. 💥Gold is under profit-taking pressure after the precious metal hit an all-time high earlier this week. However, this precious metal still remains firmly above the level...
AUDUSD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
This is a Simple Price Action Analysis of $NSE:VEDL. In NSE:VEDL Price has broken the downtrend and started a new Up-Trend by creating Higher Highs and Higher Lows. As a W-shaped recovery is forming, my expectation is Price will go up to 857.20/- (Based on Fibonacci calculations)-. This will be approx. 262.45% Return on Investment. We can Buy on every...
#NEO is moving inside a falling wedge pattern on the 4H time frame. Buy it on its support levels. In case of a breakout, the targets are: $16.31 $17.57 $19.04 $20.17 $21.56 $23.82 Supports: $14.77 $14.26
An idea considering Bitcoin and the current bull run Using previous tops tops to show how the structure is changing over time This is better shown with a curve and normally shown that way but this another example. I think bitcoin will peak before the rest of altcoins and then a massive alt rally will ensue.
Looking for NZDUSD to run some major liquidity zones before thinking of reversals. Until than, I am long. Weekly EPA, price has done all it needs to in current zone.
Is USDCAD exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.3630 followed by 1.3530. What you guys think of it?
The price perfectly fulfilled my previous idea. It reached the target level. BINANCE:DOGEUSDT has formed a double top at the resistance zone, followed by a pullback to the support level. This has created a range zone, where the market is currently forming a triangle pattern. This pattern often indicates a pause before the continuation of an upward trend. The...
The crypto market is in a general uptrend so we can expect coins to rally until BTC reverses. BTC had a slight retrace, bringing alts down to a key support zone. FTM is now within said support and is preparing for a rally as BTC is recovering from its retracement.
After closing the GBP/USD position at 1.23, I will open another short position on this pair because, as often happens in FX, you usually have 2 or 3 (sometimes 4) chances to take a short position on the same valid setup. Therefore, the next position will be opened around 1.281 with a 1:1 stop-loss ratio, as I usually have on FX pairs, and without worrying about a...
1. Weekly Fib on Daily Timeframe 78.6%, 3x rejections. 2.Bull Flag into consolidation of Bullish triangle. 3.EMA Compression looking likely to push price action. 4. AI Marketplace June. 5. AI HPC Data Centre July. 6. Weekly oscillators bottoming. 7. Solid Market stucture & hold. 8. Break out of Symmetrical triangle. 9. MC 23/05/24-$112M. 10. MC to Reach...
We can attempt to buy ATIL from specified level as it is trading in symmetrical triangle pattern (continuation pattern ) , also there is no bearish divergence at current levels. SL , TP mention in chart.
- Right now, the pair is in a consolidation phase - Since the previous trend is bullish, so looking to buy if resistance is broken - Bullish Divergence also can be seen
Sun has very low marketcap and Circulating Supply It will going up soon