Hey Traders, in tomorrow's trading session we are monitoring EURCHF for a buying opportunity around 0.93400 zone, EURCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.93400 support and resistance area. Trade safe, Joe.
I have clearly explained the levels for SPY, and this is how one should plan your trade. It is giving signs to go up but understand that nobody is superior than the market & we always need to have our STOPS on. NOTE:STOPS IS YOUR KEY TO SUCCESS
CADJPY in a bullish trend, therefore looking for buying opportunities. I see a inverted H and S pattern that i like, but see the engulfing candlestick patten that could potentially have the market dip a little lower than inverted entry. Theres 2 entries; the inverted or a 15 pip difference at the W and engulfing pattern. Im taking the buy trade off of the W for a...
Last weeks high: $48987.12 Last weeks low: $45231.94 Midpoint: $41476.76 Following such a historical week with the approval of the BTC ETF's on Wednesday 10th of January. BITCOIN reached a local high of 49K, since then price has fallen towards 41.5K (15% drop). Price action this week is hard to predict as the ETF narrative has been driving BTC and crypto for...
AXSUSDT is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If...
Hello,Friends! AUD-USD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.671 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the AUD/USD pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the CAD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 108.482 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB lower band is nearby so AUD/JPY is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 97.348. ✅LIKE AND COMMENT MY IDEAS✅
Potential opportunity for a nice swing trade at approximately $0.65. The stock seems to be forming a Cup and Handle pattern, which is a classic technical analysis formation. In a Cup and Handle, the price chart resembles the shape of a tea cup with a handle. It's considered a bullish continuation pattern, suggesting that after a previous uptrend, there might be a...
With auto stocks preparing for a bullish rally after a good correction, TVS MOTOR seems to be on a very sweet spot. The stock is ready to give a good bullish run with the RSI touching the level 40. The small rectangle marked with blue color is a good buy zone.
Once you have a bullish movement Tom, you can take an entry. Retest is done. A good 10-15% is possible in a month or two or may be more. It is not a recommendation or a tip. I'm learning everyday 😁😎
Hindalco ha been following a great trend line and it's likely to go even higher. A small stop loss below trend line and a favorable 10-12% Return in a month or so is very much possible. I do not give but still recommendations and i am always learning 😬😎
Hey Traders, in tomorrow's trading session, our focus is on NAS100, particularly around the 16670 zone. NASDAQ is currently in an uptrend but is undergoing a correction phase as it approaches the trend at 16670 support and resistance area. From a technical perspective, traders should closely observe the price action around this level. Analyze key support and...
Hey Traders, in tomorrow's trading session we are monitoring AUDNZD for a buying opportunity around 1.06500 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.06500 support and resistance area. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring GBPAUD for a buying opportunity around 1.89900 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.89900 zone. Adding a fundamental layer to our analysis, the recent Consumer Price Index (CPI) figures could play a pivotal role in the...
#Link #Chainlink the Best Oracle, profitable ecosystem & highly utilized by other projects Macro trend is still #Bullish, ranging for a while here after impulsive bear market range break out dips are good imo. details & Levels on chart
Based on a trading guide I just read - Decreasing volume + increasing-price = uptrend not supported with volume. And we can see this is happening since January. With a peak supporting uptrend ending somewhere at 42.5k. Since then volume is decreasing. I would see a resolution somewhere before May, near the end of April (which will be probably very good for...