NASDAQ 100 finished in February 2024 with a record high of $18386.25 however the growth will continue after a structured retracement to the target support at $18121 between the 4hr EMA 20 and 50 and my target resistance is $18474. Support: 18121 Resistance: 18474
Slow market to day. But let's take a small short. I expect more volume in the market with the news event this week. Don't over-risk the position.
HDFCLIFE is currently trading near an Good Quality Hourly Demand Zone which is again close to an Weekly Demand Zone ( making the entry zone even more reliable). The Opposing / Target zones T1 and T2 (both previously tested) have been marked in the image with levels and price movement should be observed around those levels. Stop loss has not been mentioned but...
Right! I will keep it simple. EURGBP on the weekly timeframe currently resides within a DEMAND zone, indicating the possibility of an upward movement in price from this region. Additionally, on the daily timeframe, price has shown rejection at a supportive level. Furthermore, the hourly chart has transitioned from a bearish to a bullish stance, while the 45-minute...
Okay, Short and Simple! The USDCAD pair on the 1-hour timeframe continues to exhibit a bullish sentiment, with recent market movements suggesting a retracement towards a notable demand zone. This retracement presents an opportunity for traders to potentially capitalize on the upward momentum of the pair. Good luck!
Oil is presenting to us clear (marked with green rectangle) demand zone presented on chart. Yesterday there were multiple strong demand signals there identified real-time by Scanner. This zone becomes still valid, especially as it's placed within today's Balance Zone (between Gamma +0.25 and Gamma -0.25). Following price structure, it is supposed to retest demand...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Smart Money Concept: The term "smart money" refers to the institutional investors, fund managers, or sophisticated traders who are believed to have a deep understanding of the market and make well-informed investment decisions. The concept suggests that following the actions of these experienced and well-capitalized market participants can provide insights into...
After the upward lag that started at the price of 63 dollars, it has continued its upward trend in the form of an ASCENDING channel. By reaching the resistance levels, we saw returns from these areas as long shadows, which indicates high liquidity in these areas and it is difficult to pass through these areas. Multiple reversals from these areas show the...
bos occured then a liquidity sweep giving me a demand zone entry. course available on how i trade.
Introduction: 🌐 STRAX is under the spotlight as the trader strategically accumulates for potential gains! The coin has been consolidating within the historical resistance zone of $1.19 - $1.27 for the past two months. With substantial accumulation and significant volumes, the trader anticipates an impending breakout, projecting bullish momentum in the coming...
Introduction: 🌐 Brace yourselves for an exciting ascent in the crypto sky with ICPUSDT! Traders are gearing up for a long position from $11, as the price approaches a compelling level. Let's unravel the details of this potentially rewarding trade. Trade Details: 💰 The long position (#ICPUSDT) takes flight from $11, safeguarded by a stop-loss at $10.93. The...
Introduction: 🌐 Get ready for an exciting adventure in the crypto seas with LTCUSDT! Traders are embarking on a long journey from $71.44, riding the recent upward structural break and the formation of a sloping support level. Let's dive into the details of this bullish odyssey. Trade Details: 💰 The long position (#LTCUSDT) sets sail from $71.44, secured with a...
Introduction: 🌐 Brace yourselves for a turbulent ride in the crypto seas with ICPUSDT! Traders are embarking on a short position from $9.073, navigating through recent active growth and identifying a descending structure. Let's delve into the details of this bearish journey. Trade Details: 💰 The short position (#ICPUSDT) sets sail from $9.073, anchored with a...
Introduction: 🌐 Get ready for a vibrant ride in the crypto garden with YGGUSDT! Traders are diving into a long position from $0.386, as the asset bounces off a support zone. Let's explore the blossoming details of this bullish trade. Trade Details: 💰 The long position (#YGGUSDT) blooms from $0.386, with a stop-loss set at $0.344. The rationale behind this move...
Introduction: 🌐 Brace yourselves for a thrilling ride in the crypto seas with IMXUSDT! Traders are setting sail on a short position from $2.32, anticipating a correction in this overbought asset. Let's explore the details of this daring trade. Trade Details: 💰 The short position (#IMXUSDT) sets sail from $2.32, with a stop-loss anchored at $2.61. The rationale...
The stock is currently spotted at an important upwards curving area of demand that has been active for the past 4months. The demand zone has been enough times tested in the past 4months and proved its strength over all test occasions. The stock has traded between the demand zone and the control price for the past 2 months and the entire 2 months range can be...
Price is currently in a daily distribution phase towards 1990, and we got to 2010 yesterday where Price was pushed back by an OB. The current movement of Price is not an impulsive move but a correction which is a reaction from the OB at 2010. I believe Price would take the NY liquidity created yesterday at 2030 and resume its downtrend. Its safe to buy but bear...