-Previous Day candle closed Bullish. If we are looking for buys we will take on until resistance formed on 9th AUg 07 daily bearish candle open. - If we are looking for sells we take on until 7th Dec 07 daily support. - Wait for 1 hour candle to close above or below zone. -We risk 3% of our capital. Close trades once price reverses to opposite direction and 1 hour...
The stock is consolidating for about 10 weeks, and ready to move out of the consolidation zone, indicated through price action, RSI is supportive. One may enter and hold for a minimum 10% then trail towards 25% target. Entry - 404-410, Target 452, 522.
I noticed a strong bullish reversal on Gold today, with the price bouncing significantly. A high momentum bullish candle formed, breaking through both a horizontal resistance and a resistance line of a falling parallel channel. I anticipate that the bulls will continue to drive the price higher, possibly reaching levels of 2031/2042.
This is my first attempt at publishing what I see... looking at each DAILY Close , according to the 15m chart , leaves us a little GAP to play with the on the DAILY Open It looks like if we drop below the LOD from 2/16, then we head down to fill the GAP at 165.67... by the way, I am far from a financial advisor, more like your average uneducated trader,...
Should investors begin to eye PYPL stock? Large time frames seem to think so. 3M: shows a pin bar candle stick near 44.5 support level. This pin bar candle is telling of a sharp rejection of support zone, implying that price will gradually begin to move in the opposite direction. In this case, up and to the right. 1M: looking here we see a bullish divergence...
Long EURGBP, 1D entry 0.85385 - 0.85047 ; sl 0.84622 ; tp 0.86374 - 0.86532 FOREXCOM:EURGBP
ADA completed its measured move to $0.68 and has now completed two legs down in a pullback to Support Zone #1. Should we long here? How do we trade this? 🤔 Support Zone #1 has held through two failed attempts to break down. We have a strong bull bar leading into the Daily 30EMA where we are now seeing some resistance. The RSI is around 50 and above the Moving...
In comparison to CME_MINI:ES1! , CME_MINI:NQ1! was much more uniform with the delivery, especially when the gap formed on Monday going into Tuesday was filled on Friday whilst CME_MINI:ES1! Thursdays candle exceeded the gap. I believe there is more pain to come from liquidating sell stops compared to buy stops as the overall sentiment is bullish with the...
H4 is at a resistance level, so we are waiting for a BOS on LTF to take sell opportunity.
This is my long term analysis for the upcoming week for GU. ○ 1 Month Timeframe First when looking to the Monthly Timeframe we notice that we've Broken bearish and that we're in an overall bearish order flow. We've almost mitigated a bearish order block but didn't and price started to fall. We could see a retracement towards th 1Month TF Bearish Order Block...
Let's discuss the trading plan for GBPUSD, and it revolves around the recognition of a Bearish Deep Gartley Pattern. This pattern, once confirmed, provides an optimal setup for a shorting opportunity. Here's the breakdown: 1. Trading Setup: Bearish Deep Gartley Pattern. 2. Price Reversal Zone (PRZ): Awaiting confirmation at 1.2725. Once the PRZ is...
3M chart tells an interesting story: zooming out, we see a big green candle validated by a big green volume bar, breaking trading range (taking open/close prices only). With 1.5M left in current 3M cycle, I think we'll see a push towards 0.10500 by end of current 3M cycle or in the next. 1M/1D looking at the 1M chart, the last 3 candles show a spike in price,...
Analyzing the Solana (SOL) 1D chart, we see that the price has experienced substantial growth and is now navigating a retracement phase. The Relative Strength Index (RSI) has recently dipped from overbought levels, now floating around the mid-range, which suggests a normalization of buying pressure. The Moving Average Convergence Divergence (MACD) histogram is...
daily chart is exhibiting several intriguing technical patterns and indicators that merit a professional analysis. TRON (TRX) is currently showing a strong uptrend, as evidenced by the price action creating higher highs and higher lows. This bullish sentiment is further supported by the Relative Strength Index (RSI), which, despite being in overbought territory...
The Bitcoin (BTC) against the U.S. Dollar (USD) chart showcases a dynamic trend within the context of Smart Money Concepts (SMC). The price action is currently above the 0.618 Fibonacci retracement level, which is situated around $42,747.61, suggesting a significant level of support recognized by institutional investors. The chart demonstrates a clear uptrend,...
Hello traders, Following the positive response to last week's study on AARTIIND , let's delve into another promising stock: NSE:MCDOWELL_N (United Spirits). 📈 Uptrend Observation: MCDOWELL-N has been exhibiting a consistent upward trajectory, bouncing off demand zones and charting higher. ⚖️ Strategic Entry Points: Anticipating potential upward...
Last Week The NQ Has Been Strong Bullish Since Tuesday Till Thursday , On Friday The NQ Made A Retracement There's Probabilities It Will Retrace Till The 450 Level Latest 381 If There Will Be Enough Momentum To Drive The NQ Down. Or Price Might Just Sweep The 1H Internal Liquidity Then Continuation Of The Longs, But My Point Of Interest Is The Daily Sell Side...
▹Today's candle is bearish engulfing w/ increased selling pressure. ▹Bearish RSI divergence + MACD + Stoch intact. ▹Rising wedge + vol shelf. ➢ I believe, next week it'll fail to hold 20ema & 🪂📉