FOREXCOM:XAUUSD is declining. Bulls failed to hold the 2050 area, but most likely there is a reason for that: the liquidity zone is near the previously broken resistance, and the geopolitical situation is complicated by additional Fed comments. The dollar index consolidated below 102.6 for a long time and it was logical to realize that the market was unable...
BINANCE:ETHUSD reacted more violently than BTC to the long-awaited btc-etf news. But why? The price tested the high at 2717 and formed a false breakout, leading to a correction amid bitcoin's decline. ETH technically looks stronger than BINANCE:BTCUSD . We can judge from the chart and strong bullish momentum and not a big pullback. The reason for this is...
Financials like Wells Fargo outperformed in late 2023 as bond yields fell. Now, after a pullback, some dip buyers may see a potential opportunity. The first pattern on today’s chart is the rally after inflation was lower than expected on November 14. WFC broke short-term resistance at $42.37 (its mid-October peak) and extended up to $50.77. It’s now retraced half...
FX:USDCAD According to retail trader data, 48.57% of traders are currently net-long on USD/CAD. The ratio of traders short to long is at 1.06 to 1, indicating a higher number of short traders. Interestingly, traders have been net-short since December 13, when USD/CAD was trading near 1.35. Since then, the price has dropped by 0.14%. As of now, the number of...
Dear friends, gold has fallen in the short term and is currently trading near the 2033 position. I guess there must be many friends who are shorting gold at this position and believe that gold is no longer strong and has begun to turn into a downward trend. In fact, I don’t think so. Although the US dollar has returned to strength and gold has been under...
Pendle looks like 2$ today on strong volume. After this strong sideways consolidation this is expected from one of the best networks on Arbitrum. I have remained bullish with a long-term end of year price target of 8-10$.
EJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it! I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack! This is looking like a very yummy LONG! Follow and Stay tuned my...
GJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it! I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack! This is looking like a very yummy LONG! Follow and Stay tuned my...
UJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it! I am Waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack! This is looking like a very yummy LONG! Follow and Stay tuned my...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
We can see how clearly the price reacted to the Fibonacci levels, and now Gold is at an extreme level. I assume that 2023 was the best year for Gold. And in 2024, we can expect a drop to at least 745 level. The next Fibo level is 385 but something tells me that the price will roll towards the low of 2000s - below 254. And the most impossible scenario is when Gold...
Channel & Trendline - bullish trend line on 1hr and 4hr still respected - bearish trendline on 15mins has been broken and retested - if the price respects the 0.764 on fib retracement it would support a new bullish trendline on lower time frames. Fib retracement - pullback at 0.764 has been respected at 15 mins even with with the high sales volume after the...
stock have most trending level and pattern are mentioned in the chart no recommendation for buy and sell take own risk
+ 1.) end of monthly pullback 2.) 2 weekly wicks rejections 3.) weekly 0.5 fib. level 4.) daily a lot of divergence pressure 5.) building daily liq. 6.) 4h divergence 7.) failed for 4h higher high Now you can also see my entry model with sell and buy areas and minor levels to enter the trades. Entry Model
Targets are included in the chart, the token is promising, invest some to avoid fomo in the future
- $ is still expected to weaken as 6 FED rate cuts are predicted (and naively believed) - price got to the important technical level - support cluster created by the Bullish Gartley Pattern and FE 0.5-0.618 of the latest uptrend impulse. - If the level is respected, it will most likely move the price up to 0.6738, and - in my opinion, the price will revet down....
Goldman Sachs - NYSE:GS Chart looks promising ✅ Rising 200 week and 200 day ✅Break out of long term pennant ✅ Pull back would be healthy here 🚨 Main concern would be a double top rejection from red line on the chart Earnings Perspective Rev ~~ $11.32B, EST. $10.84B EPS ~~$5.48 VS. $3.32 Y/Y AUM ~~ $2.81T, EST. $2.77T PUKA
After a fantastic run in a short period, BSE has been consolidating between the range of 2200-2300. In the last trading session's close, the price has taken support at the crucial level of 78.6% retracement. A high above today's close with volume support can take the stock back to its previous high of 2582 Entry - 2320 Stop Loss - 2210 Target - 2580