hello everyone,
here my idea about XAU for bullish setup.
- minor touches on trendline
- I'm looking for inside bar candle breakout on H1 timeframe for confirmation.
- pullback or retest confirmation on 15/5M chart and execute position.
AUDUSD serge to upside and break long term resistance zone.
As the pair respecting inclining trendline, will the pair sustain inclining trendline and continue with its bullish momentum.
BINANCE:ALPHAUSDT.P Alpha USDT
Price Break the resistance level .11276 now retest the in 1 Hr TF. Bullish Candle in 4 Hr very good bullish sign towards price more upward direction in coming hr. Price 2 times test the .12544 Level now again test this level. If price break this level or stay above this level at least 1 day then chances move upward direction....
Technical Analysis:
1.The red line represents a crucial breakout point that triggers an 8.86% bull run.
2.Set your stop loss based on the demand zone of either 1 or 4-minutes intervals. If you need assistance in creating them, please direct message me.
3.Take profits by closing half of your position when reaching the orange line, and adjust your stop loss to...
This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Hello everyone so as on 26-May-2023 (Friday) session when price took support at resistance level which i marked as horizontal line on 15 min TF i bought it there and...
I decided to go long on gold immediately after receiving a reversal candlestick at a low on top of daily support. This candle also provided bullish volume after breaking a trendline and creating a new high. Price is now on the buy side of a strong trendline as well as the buy side of a strong support. I look forward to adding an entry upon a reversal candlestick...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
FTTUSDT was trading downward direction and was respecting falling trendline. And now break through falling trendline and currently creating strong support around 1.065 region. Will it grow from this region ?
BINANCE:SOLUSDT is in an interesting area where it could go either way. Upside target on the bigger pattern that has been running all year is around 34 (Fibonacci number).
There is a CIT window on Friday 21st April so if we get a retracement back to 22-23 area that will set up the move higher.
There is also the possibility of a deeper correction back down to 15...
Who sells wheat everyday? It’s the price-reducing wheat bears who want to provide us all with a cheap basic supply of food. "Affordable wheat for all," chant they, offering reduced-price bushels of wheat to anyone who comes their way. At the moment, they are not to be restrained in their sell-off ecstasy, however, we already see the low of the blue wave (v) lying...
Why Trident ?
• daily Retracement Successfully done.
• Last swing broken
• Further breakout retracement done
• Candle breaks 20 EMA and closes above that
• Resistance trendline broken
I'm bullish on trident. Let's see what happens!
Follow me for more future updates on trident and other stocks!
Tesla made nice and clean impulsive five-wave recovery from the lows that is now followed by a three-wave A-B-C correction, which from Elliott wave perspective suggests bigger recovery.
Tesla is now coming down into a support as mentioned few weeks back. Looks like wave C is now at the support, deeper one is 140. Invalidation level is at 102.
Stock has form a based at at support zone of 135-160 and can make a big move from here.
IEX - Indian Energy Exchange is looking good for an upside move CMP 160
TGT 1 196 (~25%) - Period 6 months
TGT 2 250 (~60%) - 1 Yr
TGT 301 (~90%) - 1.5 Y
Strict Stoploss 135 (~15%)
CAN BE AVEARGED In the range (135-160)
BYBIT:BTCUSD.P has been on a bearish market structure since the 31k high on 14th of April. For more upside, Bitcoin needs to reclaim the 28k Value Area.
A glimmer of hope is seen at the following setup.
Local S/R level.
Golden pocket, off of the local HTF pivot points.
Possible SFP of the range low.
Possible TP level at the reclaim of the 28k Value...
Aditya Birla Fashion & Retail Ltd - 13.04.2023
The stock price is above EMA in Daily Chart.
There is a MACD Bullish Divergence in Weekly Chart.
There is a Stochastic Bullish Divergence in Weekly Chart.
The stock can be considered for further upside movement with SUPPORT @ 218
A probable trend reversal candidate.
Watch out for the price action....
