Weekly macro perspective has a nice diagonal pattern, that respects key support and resistance zones. Although it is hard to definitely state that primary wave 4 has found its bottom in Apr23 due to its relatively short timespan within the macro structure. But as I a low-risk trader I am not concerned with the overall wave pattern, but with what price and...
ADAUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline. These two to gather putting strong bullish confluence for the pair. What you guys think of this idea?
Hi Traders! The bearish price action continues on the GBPAUD 1D chart, and there may be possible opportunities for short entries. Price Action 📊 The market has had lower highs and lower lows since breaking below the 20 EMA, creating a descending triangle pattern on the chart. We are looking for further bearish momentum to break and close the trendline support...
Price keeps pushing the upper vertex. Seems like an inverse HS is about to break up. The 4.2 - 4.8 zone is a strong resistance, If it pulls back I don't think is going to break that resistance zone mostly likely to try go high again. SL triggers if a daily candles CLOSES below support zone.
The Liquidity Lure: It's not uncommon for price action to accumulate liquidity near significant support levels or trendlines. Traders often place their buy orders just above these lines, hoping for a quick bounce when prices approach. 🎣 A Second Chance at Reversal: Now, let's examine the intriguing aspect of this situation. We've seen liquidity left behind in...
Hi Traders! USDJPY looks to have exhausted near the psychological 150.00 level, and there is a possibility of a large pullback to the long-term bullish trend we have had over the past few months. Price Action 📊 There has been a momentum break below the ascending price channel and the 20 EMA. We are looking for further momentum to take the market further...
Hi Traders! SILVER is approaching the trendline support of its symmetrical triangle and there is a possibility of a breakout to the downside. Price Action 📊 There was a momentum break and close below the 20 EMA along with market swings showing lower highs and lower lows. We are looking for a break and close below the trendline support. Fundamental Analysis...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
💥💥#ZEN Analysis : Breakout 💸💸 🔮#ZEN was testing a crucial key level at $8.00 and following a symmetrical triangle. Now we can see a perfect breakout here in #ZEN. It indicates the start of an upward trend. 💲💲 👀Current Price: $8.11 🚀 Target Price: $11.70 ⚡️What to do ? 👀 There are some resistance at 9.60 and 11.73. Keep an eye on #ZEN price action and...
Nice rounding bottom, consolidating since April 2022. Is trading just above the support after testing it, good entry point. I just opened a long position, it could time several weeks to reach the target but the risk and reward is good. There is a lot of support underneath. I like this trade.
💥💥#VRA Analysis : Perfect Breakout 🚀🚀 🔮#VRA was following a trend line for a long time but has given a perfect breakout. Now we can see a good bullish move in #VRA 👀Current Price: $0.004232 🚀 Target Price: $0.005670 ⚡️What to do ? 👀Keep an eye on #VRA price action and volume. We can trade according to the chart and make some profits. Stay tuned for...
Price is attempting to break the 42 level resistance, I has tried before but was rejected. Last week was rejected again but is pushing up right away. XOM already broke up and oil is very strong.
Hi Traders! GBPJPY is approaching its trendline support, and there is a possibility of a breakout to the downside. Price Action 📊 For the past four weeks, the market swings have consistently shown lower and lower lows, which indicates a current lack of buyers in the market. We are looking for a trendline support break and a close below the 180.814...
1. Trend - Bullish 2. Strength - Strong 3. Long wick shows strong buying at resistance levels 4. Market cap is 100cr & chart seems good
1. Trend - Bullish 2. Strength - Strong 3. Pattern - Pole&Flag 4. Breakout - Confirmed
jai corp after good down trend ready to take another bullish run . the first resistance can be near recent tops and a breakout can lead to further upside of 330.
RAILTEL recently gave very good returns and took a small break from bullish view. I think the first down leg is over and new leg is going to take place . the present target will be the recent high as resistance. stop loss at 209
Sequent is performance based stock. It gave a breakout earlier and now after a nice consolidation it seems to move again in bullish direction. Reasons : Taking support at 200 EMA and VWAP. moving in Higher HIGH Higher LOW. Important level are marked in the chart. RSI breaking 50 to upside shows Bullishness. Re-Breakout after 3 month of...