ADES is breaking the falling wedge pattern. ADES is potentially move upward to the target area 2800. The momentum indicator is pointing up in the neutral area, indicating that ADES has a chance to continue moving upward.
*The roadmap will be invalid if the price exceed the support level 2230 or hit the target area 2800
so many ideas for gold right now this is just another idea possibility for a bounce of a major trend line support..looking more into this idea changing time period to 4hr 1 hour daily you can see gold came down to test this support trend line.
then gold created a consolidation phase. Spot is most likely to break either up...
👉Hindcopper is making same patterns again and again.
👉Flag is broken now wait for the retest to get positions.
👉 Market view- Bullish.
👀Keep an eye👀
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😊Happy Trading 😊
Note:Patience is a key to success.
Disclaimer: This is my personal analysis for educational...
Leading banking stocks are moving higher breaking out from falling channel.
Similar breakout happened in Bank of Baroda which has given a successful breakout from its multi-year falling channel, retested it and continuing its upward move very smoothly. Also we can see a Flag & Pole pattern formation at the bottom of the downtrend indicating a near term target at...
Wall Street and in particular the Nasdaq resumed its sell-off during the first half of the US trading session pressured by the continued weakness in high-flying tech names and the rising US Treasury yields. Better-than-expected job data and the outlook for more US fiscal stimulus stabilized markets now and pushed stocks that benefit from an economic reopening back...
Although we see a broad rally today we see travel and small cap companies outperforming. Johnson & Johnson's COVID-19 vaccine was authorized for use in the US over the weekend. It is the third approved drug in the US, following the vaccines from Pfizer/BioNTech and Moderna. However, while the earlier two vaccines required two doses, the drug from J&J is a...
Equity markets remain bearish from a technical perspective and most analysts were also expecting further losses on Monday. Instead, as we predicted, we see an improvement in risk sentiment , a decline in US Treasury yields from last week's highs, and a strong performance from Asian/European markets so far. We also see stocks mostly in the green in the pre-market...
GOLD is rangebound for now watch zones for trades. chances are high that the market reacts to them always watch these zones (even market breaks them or restest or reversal will happen also add confluence for trade). for now, keep watching these zones. AND HAPPY NEW YEAR 2021 :)
AUDCAD is fluctuating on the important resistance level, this fluctuation has formed an obvious H&S pattern.
In case of the breakout of minor structure, we're looking to set a sell limit order.
1st Target - 0.94901
2nd Target - 0.94413
This is a video from ICT, showing IPDA insights.
So on EURGBP, I actually saw a very similar circumstance playing out like the video above. Price took out the first high of the previous consolidation period, and it depreciates to a level where a key low was at.
The yellow line is a "Rejection Block"
The a few...