My research continues to support more Bullish trending for the SPY and other US major indexes. I keep seeing others propose a market crash scenario - week after week... after week. I certainly hope you were not following their suggestions too closely - because the SPY has rallied more than 7% from the recent lows. That's a lot of losses piling up for anyone...
The Cable (GBP/USD) is rising towards the pivot and could potentially reverse from this level to the 1st support. Pivot: 1.2695 1st Support: 1.2606 1st Resistance: 1.2796 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for...
rico auto 1m time frame buy@ 134.50 target @ 170.40, 199, 220, 260.50 risk reward 3.5 ascending channel breakout its just a view trade @ your own risk sl@ 98.40
we can see that gold price is in bullish move from the last pullback at 2278 after breaking the pervious resistance as we can see in the chart price is now forming a rising wedge pattern which its a bearish pattern so expected that after the price finish the ABCE and breaking below the lower line of the pattern a pullback correction to the support level at 2335
Price is falling towards a support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 63,451.23 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci retracement. Stop loss: 61,331.39 Why we like it: There is a pullback...
SOL/USD is falling towards a support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 155.02 Why we like it: There is a pullback support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 149.20 Why we like it: There is a pullback support...
BTC looking for its next big up, i dont think itll hangout here long so pack your bags alts are headed to the moon while were headed to 73k. Wondering if itll go retest 64k first but i think its very unlikely right now... i guess we'll see over the next few hours. Super bullish on this one. First target 73k next target 96k for ATH and final top for this cycle......
Simple trading - Cup and handle pattern Watch gold to see if the handle will be filled. I have marked the probable retracement using the FIBB (purple lines) If gold manages to hold above .618 or 2340 we can look to continue buying. With the DXY making its way back up after testing previous support (104.05) it is only a matter of time before GOLD gets the...
ETH/USD is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 2,865.45 Why we like it: There is a pullback support level. Stop loss: 2,814.40 Why we like it: There is a pullback support level which lines up with the 61.8% Fibonacci projection. Take profit: 3,036.53 Why we like...
I like this path on ES. If it plays out, 5300 will be a critical test. We could see a move back to 5200 if it doesn't hold.
At this point, a bearish view is taking too long for it to come true. If we are indeed bearish, we will still visit the ATH before going down. Everyday we stay above 60k I am leaning more and more towards bullish. I don't believe this is a good place to short. We should see a series of higher highs and higher lows. Remember, nothing goes straight up or straight down.
Base on daily timeframe will go down as per pattern. 1000 pips
I like the potential div into a 4h block - probably will take a few days to play out the div, if it will exist, if not stop a few % lower.
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci projection and could reverse from this level to our take profit. Entry: 114.72 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci projection. Stop loss: 115.84 Why we like it: There is a pullback resistance level...
Hope everyone is doing well these past few days. With CPI and charts indicating a rise in price.. it should come as no surprise that the price is respecting the diagonal support here and looking to break out. On the 4Hr and Daily you can easily draw this support and see how clean it looks. Should see a break shortly and the price rise to the top of the...
XAU/USD has just bounced off the support level which is an overlap support that lines up with the 38.2% and the 50% Fibonacci retracement and could potentially rise from this level to our take profit. Entry: 2,374.74 Why we like it: There is an overlap support level which lines up with the 38.2% and the 50% Fibonacci retracement. Stop loss: 2,358.30 Why we like...
Here on Gold the price has been going down forming a down trend so we are waiting for breakout and after breakout there is likely the price will move but to maintain previous resistencance or move more than expect . So going for LONG is need but that should be after breakout of the trendline
2400 is a strong resistance zone. We may see a few days of ranging market around this area. Today's strategy is sell from 2385-2389 and buy from 2355-2358. Let's see the price action at these two zones. Market will provide us opportunities. Be patient.