Why You Should Be Careful With Gold! Ascending Broadening Wedge Pattern! Gold reached a critical juncture from a fundamental and technical perspective. The price went up for no good reason considering what the market was facing before but on the other hand, it is not reacting now that a second possible conflict between Iran-Israel is being discussed. Now that...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 80.47 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 78.80 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit is...
Bitcoin market update 📈 As we approach the range high, will we get a reaction that tags the 8h supply above us? If we do with a bearish change in market structure, I will be in for a short 📉. Otherwise, if we close above, I will be looking to catch the pullback and the mitigation into our old demand range 🔄. Follow and boost for more
EUR/AUD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.6519 which is an overlap resistance. Stop loss is at 1.6555 which is a level that sits above a pullback resistance. Take profit is at 1.6476 which is an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin...
Amidst the uncertainty characterized by global events, last week witnessed the GBP/USD pair caught in the crosscurrents of rising geopolitical tensions and pivotal central bank pronouncements. Bank of England's Deputy Governor, Dave Ramsden, took centre stage with remarks on inflation risks, yet failed to provide the anticipated support for Sterling as it plunged...
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5932 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 0.5980 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Today's focus: Gold Pattern – Correctional phase. Support – Resistance – $2394 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at Gold on the daily chart. We have reviewed recent price actions and our thoughts on what we are seeing and looking for moving forward. Is this just a bout of profit-taking that will kick off a new trend?...
Part 1 of my analysis on tesla stock going into earnings & when I expect Tesla to bottom!
Taking a look at the daily chart, I am looking to go how. However, I want to see how this instrument trades following tomorrow's PMI data from the US. On my chart I plotted out an AOI level which would be nice to test. If that happens I'll be looking for bearish stalling action on the small timeframes such as the 5 min to scalp a long entry. That's it - That's...
GBP/NZD is falling towards a breakout level and could potentially break through it to drop lower. Sell entry is at 2.0899 which is a potential breakout level ( wait for the 4-hour candle to close below 2.0899 for confirmation ). Stop loss is at 2.1225 which is a level that sits above a pullback resistance. Take profit is at 2.0417 which is a swing-low...
Somebody has asked me my opinion on Bitcoin. These are my thoughts as I view the chart. It's purely an analysis and an opinion and not a trade idea.
EUR/CHF: A Move above 0.9725 can push EURCHF further EURCHF already recovered the bearish movement created from the new conflict between Israel and Iran. The price is already in a critical zone. it is very risky to sell and risky to buy without confirmation... 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
due to on going conflict and certain a.i running things to the upside for me on us30
The S&P 500 is in the neutral zone trade with a bullish bias. The expectation for Tuesday is for today range trading inside of Monday's range with a higher close.
AUD/USD Ahead of RBA CPI data and US GDP data AUDUSD this week will face inflation data from Australia and GDP data from the US. What should we expect? 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Natural Gas adn equity stocsk saw some positive flows on Friday despite tremendous market weakness. The commodity sector has been hot and Nat gas has still lagged by a large margin. Nat Gas still trying to break out of a potential stage 1 basing formation. This base could be a powerful move to the upside. If names like AR, EQT & LNG are telling us...