we had a breakout last friday from the 0.55$, now we need to hold above that level as a support, and then break from the resistant at o.87$, which will give us another bullish momentum towards 2 profit taking around the 1.32$ then the 1.92$ lveles .
• NVDA is incredibly bullish, however, it is trading at a critical key point;
• NVDA just hit a trend line that connects all its previous top levels since Nov 2021;
• What’s more, NVDA is inside a Descending Channel;
• However, if it breaks this resistance level, NVDA might trigger a long-term bullish reversal structure;
• It would not only break free from a...
This is a Dream chart pattern to be found.
Multiple confluences of patterns and support lines intercepting at the same place.
You can see that there is a huge bottom support line intersecting with a down sloping support line.
On top of this, we have a reversal pin bar on today's chart and the completion of a bear flag.
This is a 80% probability of success...
This short-term ascending triangle pattern appears on the H4 chart of GBP/CHF. I am planning to use it for a long breakout opportunity. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. The stop-loss is to be set to the triangle's bottom point at...
The long-term downtrend prevailing on this currency pair has consolidated in the form of a symmetrical triangle. It can now be used as a continuation pattern for a bearish breakout trading opportunity. My potential entry will be placed at the cyan line, which is located at 10% of the triangle's base width below the lower border. My take-profit will be at the green...
HINDUSTAN ZINC as per Day Chart Analysis Stock
ABOVE 345 TARGET 350
Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr.
Nifty Once Breaks the resistance at 18169 then the target is 18240 level.
Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level
Tomorrow Market trend to be on the...
current premarket price is just at the breakout zone , if we opened the market still holding above the 0l27$, is means the price will go first towards: 1PT:0.31$ 2 PT:0.41$ ,if we opened below the 0.27$, is means we going to test the level above 0.2357$ support , if we held it and bounced is means the price will retest the breakout zone around the 0.27 and break...
TSLA broke out of the falling channel with back test today-and could be attempting a 16% measured move up to fill the gap around $137.
*There will be resistance between 124-128.
If..IF Markets maintain bullishness we could see Tsla Move Towards $161-168 area, which coincides with: ~ Previous Support + 200WMA + 0.618 Golden Fibonacci Retracement, before moving...
This is just a quick calculation I did on the Adam and Even formation that has driven the latest bull run, the Adam and Eve pattern has high success rates especially if it is wide and deep. For pattern dependent traders the important thing to note is that the measured move for the Adam and Even pattern has been completed, and a pullback should be in by now. Notice...
My previous forecast on XAUUSD was bearish continuation and looking for Lower Low, this is an alternative for Bull Run, key level on lower timeframe by using Andrew's Pitchfork was 1914 then 1860.
Trade safe, Everyone!
All details are on the chart.
This is the weekly chart for Silver. From left to right, you can see that Silver consolidated for 2.5 years before it started the big move Upwards in 2019.
Price dip in March 2020 with COVID as everything else then it recovered to make a HUGE MOVE to ATH (ALL TIME HIGH) of ~79000.
Since then, Price has been consolidating in a...
• The SPX reversed the short-term bull trend, as it lost our 21 ema in the 1h chart, failing in breaking the previous top (it did a Double Top chart pattern around the 4k);
• In addition, it lost the support we mentioned yesterday, at 3,950, indicating a sharp correction – maybe even an overreaction;
• Either way, the 3,950 is a new resistance on SPX, according to...
we have a critical box to hold between the 0.29$ and 0.30$, which will confirm either the bullish continuation if we hold above it, towards the 0.35$ squeeze level , or a selling pressure towards the 0.26$ support level.
Today’s content:
1. Why each exit is within 3 months?
2. Why I turn from investing to trading the US markets since Jan 2022 and onwards
If you have been following, today’s is the 6th tutorial in our Trading Series:
1. “The buy strategy”
2. “The sell strategy”
3. “Developing long & short-term view”
4. “Choosing between the time frame”
5. “The entry”
6. “The...
AUDJPY HAS BEEN MOVING IN A CORRECTIVE CHANNEL. Looking forward to seeing a rejection on the third touch of the channel, adding to the case is the potential double top around 93.35.. a rejection and a correction on the 1hour chart will see me getting involved in the trade.
Apex level as confluence of the Expansion WXY with the Triangle Pattern gonna be my sell zone. If price break 12750, consider to stop selling, might up to 135xx.
Seems like the bullish breakout is finally here. The chart speaks for itself - if I should elaborate on something feel free to use the comment section here ....
