General Motors (GM): NYSE:GM General Motors has been added to our portfolio, starting our chart analysis from the COVID-19 low at $14.33. Since then, we've developed an overarching Wave (1) in blue and have also already completed Wave (2) at $26.30, characterized by an Expanded Flat and Zigzag correction. We are now in the midst of the overarching Wave (3),...
I am excited to delve into the intriguing scenario currently unfolding in Dalmia Bharat Limited's (DALBHARAT) weekly time frame. The company's shares exhibit a classic triangle pattern, which presents a compelling opportunity for both aggressive and conservative investors alike. The Setup Since late December, DALBHARAT has been confined within a symmetrical...
As we can see on EURJPY that price retraced perfectly to 61.8 fib level and also formed Flag and Pole pattern along with inverse head and shoulder pattern and then gave a breakout. what we are looking for is the retracement till the marked support zone which is also the neckline of inverse head and shoulder pattern. we can plan long trade once we get some sort of...
Market now in major resistance level, it's time to sell opportunity and huge profits. Risk:Reward = 1:6
FOREXCOM:XAUUSD strengthened last week and closed with +1.2% at 2035.375. Price returns to the flat range that is forming within the uptrend. Let's move a bit away from the local situation and take a look at the global chart. The global uptrend with variable trends indicates a rather huge interest from buyers, which is not subsiding. The pressure on the...
CME_MINI:NQH2024 - PR High: 17988.50 - PR Low: 17941.25 - NZ Spread: 105.75 Key economic calendar events 10:00 | New Home Sales Holding just below Friday's close Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 249.54 - Volume: 27K - Open Int: 286K - Trend Grade: Bull - From BA ATH: -0.4%...
NQ & ES finished the week green yet again after testing the low of the recent range early in the the shortened trading week for US markets. The NQ closed 1% off its ATH high while the ES finished 0.56% off its ATH. The late week recovery was fueled by another strong earning report from NVDA although big tech showed signs of weakness to closed out the week with...
on the 4H chart is showing a round bottom reversal at the bottom of the high voume area and rose over the POC line of the intermediate-term voume profile. Price now has room for a 50% move to the top of the high volume area at $ 52. The chart shows the relative volume indicator supports a long buy as does the dual time frame RSI. A speculative call option...
Entering a daily FVG, looking super interesting here
BOIL in the past month fell from a head and shoulders pattern on the 15 minute time frame into a trend down which leveled out into a double bottom. Supply is in a draw down right now as might be expected when gas production is diminished in the middle of winter while demand is rising. The Economics 101 expectation is rising prices on the futures market. The...
NASDAQ:SBUX Analysis is based on simplified Smart Money Trading Concepts. Starbucks analysis was performed on both the Weekly Time Frame and then dialed down to the Daily. The Weekly TF has had a change of swing structure from bearish to bullish (noted by the line with "W-x"). Then we had a pull back into the current discount zone and on the daily time frame...
$AMEX: SPY February 26, 2024 15 Minutes. The retracement did not happen. SPY was sideways on Friday. Consider the 2 rise. 493.56 to 510.13 and 503.02 to 510.13 On Thursday we had a $5 gap. I am not at the moment expecting a gap to be filled. Holding 505 is important today. 100 average is around 502 levels sloping upwards, hence on a pullback I have a target...
Hello traders, We are buying GBPJPY as it hits Fibonacci 0.618 and we expect it to continue long. First target will be previous high 191.140. Good luck traders!
BTCUSDT still trades sideways and we can still trade carefully until the big breakout happens The high of the mother candle on Feb 24 @ 20 UTC was broken and price almost reached the black 78.6% fib level and currently forming a wick ,if the current candle close below the black 61.8 fib level or lower then look for possible short after the low is broken and...
Price mitigated a Daily OB, and showed a good reaction to it. Expecting bullish continuation.
Price mitigated a Daily FVG, and is showing strong bearish reaction to it. Expecting more shorts.
Price took Liquidity, OTE Level, and an FVG that was made on the last impulse. So now I am waiting for a bearish continuation.