I don't think anyone can deny that we have broken out in the S&P500. Once we took out the highs last Friday, we have been rallying the whole week. However, we are now within points of a key resistance. The 4920 level on the Tradingview CFD is 20 points away from the key 161% Golden Fibonacci extension (if you are using the ES contracts we are roughly 30-40...
GBPUSD broke the previous LH with the clear divergence on RSI. with Harmonics AB=CD pattern, potential reversal zone is marked and TP1 can be achieved. Wait for a retracement at Fib level of 0.382 for buy entry or place a buy limit order.
TD Analysis, Hitting HTF range high. Aiming at .56, ,5 HTF Resistance is retested and on failure short seems more viable.
The destination is clear. The direction of movement may change due to the change in the input volume. personal opinion
I received the USDCAD long idea and I thought it needed a bit of refining before it could be usable to trade
I'm using Multi Time Frame Analysis and now all my time Frames are confluence with one another. M15 recently created another low and we identify the premium zone by using a fib.
EURJPY Buy at HL (also 0.5 FIB , trendline support intact ) SL , TP mention in chart
AUDCAD Short at LH (also 0.5 FIB , trendline resistance intact) SL , TP mention in chart
XAGUSD Short at LH (also 0.5 FIB intact) SL , TP mention in chart
Nifty Daily Chart with Fib Retracement my view is Bullish because of Retracement might be will go 20870 point one it will bullish again so buy on dip only stocks for swing not nifty or banknifty..
Price is moving to the upside in corrective way. The wave structures show a possible WXY complex correction and now we are about to finish wave C of higher degree wave Y. If we are correct we should expect price to drop.
Good morning, amazing traders! ☀️📈 Guess what? OANDA:XAUUSD is doing the tango between those marked zones. 🕺💃 There's a sea of liquidity, but I'm not spotting any shiny new supply or demand zones. Taking a breather and practicing the fine art of patience as gold struts its ranging moves. 🧘♂️🔍 Now's the perfect time to sharpen our skills and study the...
CME_MINI:NQH2024 - PR High: 17578.25 - PR Low: 17551.50 - NZ Spread: 59.75 Key economic calendar events 09:45 | S&P Global US Manufacturing PMI - S&P Global Services PMI 10:30 | Crude Oil Inventories Continuing to push the highs - Break above prev 2 session highs Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session...
Bullish medium term, long term need more info. Lets evaluate once price gets around 35K USD. I am not a financial advisor. This is not meant to be, and does not constitute, financial, investment, trading, or any other types of advice or recommendation.
Bearish on two potential scenarios. I am not a financial advisor. This is not meant to be, and does not constitute, financial, investment, trading, or any other types of advice or recommendation.
Yesterday, EURUSD broke the previous bottom and reached the first target - 1.0820. All sales already made must be reduced risk. New trade opportunities will be available after pushing back from the resistance. The target is a new test of 1.0820, and on a break, heading towards 1.0740! The sell idea is broken on a break above 1.0916.
Looking for shots off this area, structure is being respected and looking to continue shorting. Higher timeframe found below, Let me know your thoughts. Cheers!
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 18/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our...