am expecting this pair to go loong since the market has retested a key level zone
We are close to our overall target of 420.00, but we are running out of gas by the hour. After some consolidation, we are seeing bearish volume coming in. Dropping back down to 413.00 would be ideal, but the market is unpredictable. So here's the targets for a bearish play: First Target (entry): 416.50 Second Target: 413.00 Stop Loss: 418.25 Let's see how this plays out
Similar to my latest Gold Chart, I believe that the final impulse (sub) wave of the first leg up will lead us into a correction before or just after breaching 28.5. This will be underway with a breach of 26.3 (confirmation) and then 27 (participation). Correction at the top will be deep (~25.8), as it will be part of wave two. The first (non-believer) selloff in...
Here we go over what stocks we are watching for the coming week! As well as a quick recap of last weeks video! Seeing a lot of good opportunity out there! AMAT NASDAQ:DKNG NASDAQ:PTON NASDAQ:FB NYSE:SKLZ
We can see price is trading in a descending channel. We have identified key short term structure levels in blue. The yellow key level marked is a respected long term level. USD has been weak across the board once again. Will we see a recovery and a bullish push for the reserve currency over the coming weeks?
This is a small analysis of bank nifty's charts to set up a trade for 19th april. Important levels: no trading zone -> 31900-32240 long above -> 32240 to 32400(1st t) short below -> 31900 to 31725 (1st target) stop loss of 90-100 points. rrr = 1.6 - 1.9
Below .29 we’ll see .21 potentially (hopefully no lower). Above .39 is our next breakout level. Red zones are previous consolidation areas with purple lines as support bounce potentials and white lines as resistance above. Good luck if you’re still playing! I’m much smaller now but my bank is happy 😊
Looking at the chart, we have seen within the blue box 4 touches of this level. This is filling the retail traders with confidence that a breakout below which is what's just occurred will continue that trend. Nice long candle this morning clearing the liquidity on buys and now that people are putting on sells they will push the price back up to clear those stops...
Not legal and financial advice; Any information provided here is only the personal opinion of the author.
Levels respected to the absolute dot. Be patient and let it build a base near all time highs before it explodes higher.
These are the ones I use for my threshold theory Thanks Fibo!
What do you think is the proper entry for BitTorrent since it is on a strong downtrend? The bottom of this valley could be critical for Bittorrent and it has a great chance to be respected by a lot of traders. share your thoughts. I'm only a beginner trying to learn so keep it cool if you you are a badass in this market!
AFTER YESTERDAY MAJOR FALL TODAY BANKNIFTY IS TRADING IN TIGHT CONSOLIDATION WE CAN TRADE USING INSIDE BAR TRADING STRATEGY WITH HIGHER HIGH FORMATION OR LOWER LOW
$NGA Lion Electric: Maker of all-electric school buses Northern Genesis Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2020 and is based in Kansas City, Missouri.
Overall trend- Bullish on the Weekly, Daily and 4H. As predicted, price retested our support zone or 55k and moved nicely to hit our TP. Created higher highs and has a possibility to do the same based on the volume and strength of buyers. This is just the start of the pullback gaining bullish momentum.