Price was strongly rejected in the confluence of inverted FVG, Breaker and Order block. All this is in the premium of the recent swing. In COT data I can see that MM were closing the long positions and building the shorts while the price was in this two-week pullback. Overall their net flipped to the negative -28K. This suggests that we will see lower prices in...
Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. Fundamentals are good. Rising OPM, Net profit, EPS with consistent tax rate. Good 3Y ROE, sales and profit growth. Reducing debtor days. Stakes increased by Promoters, DII, FII in last 2Q. No:of Shareholders jumped in recent quarter expecting good result. And company...
Hey everyone! Here’s our CRYPTO:MINAUSD Long setup. This set-up is for medium-long term holding. Excellent bullish RSI and huge upside potential based on fibo. A real #GEM for this Bull Market. Avg entry for this long position: 1.3 - 1.4 Take profit levels presented on chart as well as SL We recommend this asset for spot purchase.
The Reserve Bank of Australia raised its 2024 inflation forecast on Tuesday and appeared more concerned around achieving its 2-3% target. Despite considering the case for a hike, policymakers decided to hold rates at 4.35% for fourth straight meeting. The Aussie reacted lower, as markets likely expected a more hawkish language from the RBA, given the upgraded...
Bitcoin looks very strong at this moment. We can see that the price is breaking out of the descending parallel channel on the daily chart. The price is above the channel and has already retested the downward-sloping trendline. We should see a strong pump from the current price. Why is bitcoin pumping? From a technical perspective, it's pretty easy to say. Take a...
On the hourly timeframe, we can see that EMA50 is acting as resistance If we can't get above 148 to 150, we could see SOLANA dropping to 128 (first level of support) Lose 128 support, then we might fill the down wick and hit $100
Good morning Traders ☕️ Same setup as 2 days ago. Nothing changes for now. Gold is consolidating between this two zones. No trade this week so far, so practice patience and when is time to trade, we smashing it 💪 Have a profitable day 💯💰 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share...
CME_MINI:NQM2024 - PR High: 18176.00 - PR Low: 18153.25 - NZ Spread: 50.75 Key economic calendar events 08:30 | Initial Jobless Claims 13:00 | 30-Year Bond Auction 2 unfilled QQQ gaps below 5/6 & 5/3 ranges - Another virtually flat close for prev session range - +80 points above prev session low, below the close - Low vols remain Evening Stats (As of 12:05...
Due to delays this morning, I missed the opportunity to short gold. But fortunately, we also made a lot of profits in long gold transactions, which made up for the regret of missing the short gold profits. Today we added long gold positions near 2314 and 2307 respectively. During the rebound, gold hit the highest position near 2321. Even if we closed the position...
AMEX:SPY May 9,2024 15 Minutes. No trade day. Neither the sell below nor buy above was triggered. Uptrend looks like getting sorted out. AMEX:SPY has moved from 503 to 518 levels. And yesterday gap down open after 3 days of gap up did not hold. The first in 15 minutes gap down had close near top of bar and never broke the low during the day. We have 100...
Big F currently at a Genesis fib at $12.96 This fib has shown itself to the market. Even the fib-blind are watching this level. =====================================
4h - still within bearish internal range tomorrow I am looking at bullish towards the 15m FVG and then price could continue upside or go downside towards the 2h first low area to clear out sell side liquidity for the rest of the week. 1h WIP bearish H&S
IBM had the business office monopolized but then lost it. PC's came and they said "it's a fad, we have TYPEwriters" AI came and they said "we have Watson, he plays chess" It has however been in an uptrend with the market. Retrace is now testing a key support fib at $163.30 If that one fails, we have a fallback fib at...
Follow-up to my previous 5137 Top Call (click). Markets appear to be retracing finally. This could be just the start of correction. Minimum next leg depicted goes to 4900-ish. $ 5109-5137 is major resistance that may be retested. $ 5044-5049 a minor support that will hopefully bounce. $ 4896-4924 is next major support and BEST GUESS...
Description: Looking to add to my short position on EUR/USD at 1.0772 with a take profit target set at 1.0664. This trade aligns with my bearish outlook on the pair, with the TP level strategically placed just below the monthly open. Stop loss set at 1.0801. Trade Details: Entry: Short at 1.0772 Take Profit: 1.0664 Stop Loss: 1.0801 Analysis: The...
Neutral Trade Overview: Engage in trades that capitalize on market volatility without bias towards bullish or bearish sentiment. Fibonacci Extensions: Strategically place buy or sell orders at Fibonacci extension levels to anticipate potential price targets in both upward and downward trends. Fibonacci Retracement: Utilize Fibonacci retracement levels to...
FET has hit a 6.85 just as it did in its last market cycle top. I think that from here there is a chance that it dumps down to the 2.618 area as an initial dump. This is approximately around $1.22. Once this initial dump takes place, it will likely do a nice bounce back upwards, which typically sets up another dump/short opportunity. This bounce will probably...
Hi Traders i hope you all are doing well... so my idea will be Short from the support 1.07956 till the fib 0.3% -0.5% 1) We see the market went bullish because of the NFP news so we now have a support at 1.07956 after it reached a high of1.08123 it will retrace back for Liquidity and to clear the FVG so i am expecting a short from the current market. IDEA- Market...