The 200 moving average (red) is coming into view and there is a potential flip in momentum coming up on the daily chart. More validation will be needed but they may come in quick succession. Just be ready! Lastly, don't forget your stop loss. We are in volatile times...
Tesla Daily Chart The last few times, the RSI on the daily chart went under 30, it signaled the bottom of the downtrend, as well as a reversal to the upside. I suspect Tesla could go down to $780 (Next Major Support) before bottoming out. The RSI hasn't yet gone under 30, but it is very close. I also use the De-trended Price Oscillator to help Identify tops and...
GOLD (XAUUSD) again bearish or soon breakout? We can expect breakout and huge pump here too and on daily charts , it is more clear. But in lower time frames we can see that correction and local fall is also expected like the red arrow on the chart. DISCLAIMER: ((trade based on your own decision )) <<💚💚💚💚💚💚💚💚press like👍 if you enjoy💚💚💚💚💚💚💚💚💚💚>>
Last week I suggested shorting Albemarle (ALB) if it pushed through the many levels of support and closed below 215 in price. Technical analysis in the form of chart patterns like descending triangles, double tops, multiple downward spikes, an increase in volume on the uptrend, and the Fibonacci retracement along with a close below a long-term upward trendline...
A lot of questions whether Bitcoin is going to go up or down, by making a trading zone on BTCUSD, finding the support and resistance levels, should give us a good idea if when BTC hits to a certain price if it'll shoot up or down, so I did that, pretty standard, if the price of Bitcoin goes below our support level (first blue line price labeled as 33047.89) we...
CME_MINI:NQH2022 - PR High: 14499.25 - PR Low: 14402.75 Evening Stats (As of 1:11 AM) - Gap: = N/A - Session Open ATR: 406.37 - Volume: 97k - Open Int: 242k - Trend Grade: Neutral - From ATH: -15.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 15550 - Mid: 15247 - Short: 14360 Keep in mind this is not speculation or a prediction. Only...
Welcome back! Here's an analysis of this pair! **Bulls are showing strength! After the aggressive push from 4100 demand zone, we expect it to reverse at 4325 area to potentially form a flag near 4240 zone. From here, we could see more upside potential. Where do you think EURCAD is headed? Let us know your thoughts in the comments! Please support this idea with...
A quick look at Beta (#BETAUSDT, 1D, Binance): According to CoinMarketCap, "Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets." The price has been trading in a descending wedge since its launch but may have found a support at the current level. Main Points If the support level holds, price may trade...
Looking at the BTCUSDT daily chart using a linear regression we can clearly observe a bearish trend. Someone who wants to long or short, must use this chart in correlation with the monthly or yearly charts of BTCUSDT to observe the long term trend. Short short term Long long term
Bullish / bearish scenario + key turning points in the past.
CAPITALCOM:ALBES Daily Timeframe Position Albemarle (ALB) may be nearing the end of its uptrend since late March 2020. A long-term Trend Line from the valley in March moves upward against corresponding valleys signifying the uptrend (weekly timeframe). For the first time price has now dropped and closed below the trendline. Although it has closed below the...
Buy low sell high the saying goes and what a great opportunity on this pair for just that. Plus meeting the rules for entry on a geometric trendline and fibo zone notably my preferred 73-78.6 for a nice correction long on the daily chart. Great risk reward on this one, that's what we like.
NZDUSD Buy trade opportunities NZDUSD running on channel and currently retest Support area and make bullish candle its can go up from this area
Monthly level . base daily . trend line . best signal sell .
Gbpusd is set for short, look out for sell. Always apply your risk management. checkout for candlestick pattern as well
Factors to watch for gold price action- Global stock market- Bearish (Positive for gold) US dollar index –Bullish (negative for gold) US10-year bond yield- Bullish (Negative for gold) Technical: The near–term support is around $1800, violation below targets $1780/$1760/$1750. Significant reversal only below $1750.The yellow metal facing strong resistance...
This is a contra call on IGL . stock is available at the previous support level . with less risk reward is very favorable. keep strict stop loss. in such type of trades where we take decision opposite of stock trend . we should allocate less capital to such trades and stop loss is must .
Update on BTC, apparently the price is going down, as i did post earlier. Key support will be 40536.66. if we breaks it, and it's not a bear trap like previous cases. I'm quite sad to say that we are going into a bear market. If we lose the key support, technical target towards the downside will be 30K BTC. Death cross on the daily. Rsi oversold. BTC Daily