The price is brought back to the major channel. Though the price was broke out the Major channel, it was quickly recovered and the price is well within the Major channel. We can see inverse H&S and the price is heading upwards
BME:UNI bounced off the ascending trendline. Bullish movement to resistance level at $6.64 is expected to happen.
Corn has continued to sell off over the last few days and is now approaching our blue buy zone from USX 496 to USX 470. The downward movement in the form of the blue wave (b) should end there. Subsequently, we expect the blue wave (c) to rise to around USX 600, making it worthwhile for prospective buyers to place long orders in our blue buy zone. Our alternative...
Triangle Pattern try to lose less, Profits will arrive on time
It's a Flag try to lose less, Profits will arrive on time
📈 GBPDKK Sideways Trading Strategy! 📉 Hello traders! 📊 Today, I'd like to present a compelling trading opportunity in the GBPDKK currency pair. The 1-hour chart indicates a sideways market, with no clear bearish or bullish trend. To make the most of this situation, I have devised two trade plans using buy stop and sell stop orders, targeting potential support and...
📈 Technical Analysis: #EURNOK Sideways Trading Strategy! 📉 Hey traders! 🌟 Today, I present to you a fascinating opportunity in the EUR/NOK forex currency pair. The 1-hour chart suggests that the pair is currently moving sideways, lacking a clear bullish or bearish trend. But fear not, as we can capitalize on this situation by employing two smart trade plans with...
Recently, the GBPUSD has been obviously bullish, marked by higher highs and higher lows in the daily time frame. The last few days has given us a descent pullback to the confluence of June 5 trendline and the market structure (previous high). GBPUSD found support at this confluence point bouncing off to print a bullish engulfing candlestick on daily time...
Possible trendline breakout in MMM. It may move upward as depicted on the chart if it crosses 107.05 and trades above this level for 15 to 30 minutes.
Sometime this week we may see the share price of AMEX:SENS drop to $0.78. Anything lower could indicate a drop out of the trend, but if it holds, a large profit could be made moving into August. Using a combination of the following 3 scripts: 1. Advanced Price Direction Algorithm 2. DeQuex Algo 3. Moving Average Convergence Divergence If all 3 give off a...
A correction is expected and bought in the direction of the trend
Acquiring gold as a long-term investment strategy has been a favored tactic among many investors throughout history. This precious metal is not just a symbol of wealth but also a time-tested store of value that has stood resilient even during economically turbulent times. If you're contemplating buying gold for a long duration, here's why it can be a prudent...
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I spotted something quite interesting on the Bitcoin chart. The past has shown us a lot. Will history repeat itself? There are chances that in August we will have a high above the one in April, and in the Autumn we will have something extremely interesting.
AMZN is forming a new channel, I like that kind of pattern. A Fibbonacci would give us almost the same signals like the current volume profile - good sign. I would enter long about $133 and exit around $135
Michael Burry's given up but that's not why I'm going long here. RSI is above 60 for the first time since February. Contrary to what most people think, RSI is most useful as a momentum indicator and not something to identify trend reversals with. Going into the results season, we're approaching resistances again, but these are the levels I'd consider my targets...
CRYPTOCAP:RNDR broke through the resistance level. Bullish movement to $2.0 is expected to happen
🐂 Trade Idea: Long - ACCO 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout / Option 🔍 Entry: +/- 5.57 🐿 DCA: No / Yes, up to or down to xxx.xx 😫 Stop-Loss: 4.75 🎯 Take-Profit #1: 6.39 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no...