Hello,Friends! GBP/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.110...
In today's trading session, our primary focus is on EURUSD, where we are actively monitoring a potential buying opportunity around the 1.08900 zone. Presently engaged in an uptrend, EURUSD showcases a sustained upward trajectory. Simultaneously, the currency pair is navigating a correction phase, gradually converging towards the trend at the critical 1.08900...
Chart pretty self explanatory. - used EWT and proprietary techniques I developed in confluence to obtain targets - used Gann to establish time to target - used common sense to "risk" September 5.00 calls for 1.10 last week (currently 1.40, expecting them to go for 3.00-5.00 before expiration) I recommend waiting until downtrend breakout for entry if you're not...
I posted a bullish trajectory for SPY back on 10/21/2022 (linked: "Bulls Ready to Take It") - that hit the exact trajectory up to this point. The idea left off indicating that was the setup pre-breakout; this is a follow up from that with the expected path from here. There has been major accumulation since June 2022, with 3 minor accumulation zones (hollow green...
Take entry at 225 to 235 9 months Target 361 1st average at 188 2nd double average at 103 Take 60% profit and exit. Very bullish counter. Nearer to range breakout . You can invest major amount at 2nd average .
I like to say that blur is a price action project. Whenever it seems to break a major resistance, It pumps a lot and this time seems no different. A major trend line was just broken and it is showing signs of strength by holding the level above it. As long as we stay above the trend line and inch to the upside, there's nothing stopping me from believing that 40%...
I tried analyzing MU and I feel it is bullish. It is not a current market price trade as risk is way down near 73 but target is 87. I am long and will continue to hold it as I see $88++ coming.
Hey Traders, In today's trading session, our focus is squarely on AUDUSD, as we actively monitor a potential buying opportunity around the 0.67200 zone. Presently riding an uptrend, AUDUSD exhibits a sustained upward trajectory. Simultaneously, the currency pair is undergoing a correction phase, gradually converging towards the trend at the pivotal 0.67200 support...
Our attention is centered on XAUUSD, as we actively monitor a potential buying opportunity around the 2037 zone. Gold, represented by XAUUSD, recently broke free from a downtrend, signaling a significant shift in market dynamics. Presently in a correction phase, the precious metal is steadily approaching the retrace area at the critical 2037 support and resistance...
Hello Traders ! On Friday 15 Dec, The EURUSD Price Reached a Support Level (1.08888 - 1.08727) The Price Formed an Ascending Triangle Pattern. Currently, The Resistance Level is Broken. So, I Predict a Bullish Move📈. ----------- TARGET: 1.09800🎯
Postional buy call CMP - 570. Buy on dip. Target - 600, 645, 790. SL - 475.
our focal point is AUDUSD, as we actively monitor a potential buying opportunity around the 0.67000 zone. Presently riding an uptrend, AUDUSD exhibits a sustained upward trajectory. Simultaneously, the currency pair is in a correction phase, gradually converging towards the trend at the critical 0.67000 support and resistance area. This numerical level holds...
Hello,Friends! We are now examining the USD/CAD 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 1.356 level. ✅LIKE AND COMMENT MY IDEAS✅
Greetings, Welcome back to Gems Series and apologies for the absence past few days! Today we are looking at Pastel (PSL). This coin will be seeing it's first bull market coming up. The price of the coin consolidated for a few months and since the breakout, it is currently 97% lower than ATH. While the price of the coin has been up and down, the MACD indicates...
NASDAQ:AFRM should def be on your watch list going into 2024. To keep my analysis simple, we can see a major inverted head and shoulder forming with an approach to the neckline after completing the head. We can see a high probability of a rejection at this neckline due to the RSI showing overbought on the daily/weekly. I wouldnt short the neckline due to the high...
Going to try to keep my thoughts simple. With alot of momentum growing in the crypto world it makes perfect sense to see NASDAQ:COIN get its latest pump, especially with BTC hitting 40k+. It is with no question that NASDAQ:COIN is in a overbought scenario as the RSI shows us. We closed today with a spike of above average red volume, leading to an indecision...
Aavas finance is a Nifty500 stock which has been taking a support on trendline. Recently the stock has shown good volume accumulation near the trendline and jumped from the same. The stock looks good technically as a buy on dip candidate uptil 1450 with a SL of below 1355 DCB. The targets are 1750,2000++. Idea is shared for educational purposes and should not be...
In today's trading session, our primary focus is on US30, where we are actively monitoring a potential buying opportunity around the 37100 zone. Currently riding an uptrend, US30 showcases a sustained upward trajectory. Concurrently, the index is undergoing a correction phase, gradually converging towards the trend at the crucial 37100 support area. This numerical...