NVDA is doing great continuously making higher highs and higher lows in H1 time frame. It seems NVDA has defeated first proposed resistance zone and now is going to attack next one at 717-748 which is a broad one. Stochastic indicator in Monthly, Weekly and daily time frame is in overbought zone which suggests that going long is too risky now. For those who has...
if the dynamic resistant break to the upside and retest it we will be looking for buying opportunities
1.Strong Rejection of 4 HR support 2. Price broke 4hr Inner trendline 3. Price pulled back to 61.8 zone after trendline break. 4. Price is projected to achieve the daily 61.8, which is in the gray zone ( Monthly resistance)
1. Daily fib has reached 1.18/1.27 extension zone after a shallow retracement. 2. PRice created a swing high formation after consolidation. 3. Price broke the 1hr trendline I am looking for a price to move to at least the 38.2 retracement zone.
1. Daily fib has reached 1.18/1.27 extension zone after a shallow retracement. 2. PRice created a swing high formation after consolidation. 3. Price broke the 1hr trendline I am looking for a price to move to at least the 38.2 retracement zone.
Chart pattern: Since 2014 a regular chart-pattern can be observed in the Clinuvel ( CUV ) chart. After one year of a strong run-up (mostly starting in late February), the stock reaches a local peak (around Sept-Nov) and starts a correction (around -35% to -50%), followed by a longer sideways consolidation. Then the year after late Feb the next run-up starts....
Channel 1: > Lasted ~1 month and ended with bullish push. (1 Day Timeframe) Channel 2: > Lasted ~2 months and ended with bullish push. (1 Day Timeframe) Channel 3: > Lasted ~1 month and ended with bullish push. (1 Day Timeframe) > Important channel, created support/resistance for channel 5. Channel 4: > Lasted ~1 month and ended with bearish pull. (1 Day...
Happy Weekend Traders, Thank you for your likes and questions. If you have any queries feel free to message me. I have had a few questions around how I build my analysis for the week. Here is one idea, I am looking at, I haven't placed a trade but is on my watchlist due to the below: Bias: Short USDCAD Type of idea: Swing Please note: This chart is 4hr...
Good day traders !!! On gold we are looking at a short setup because we got again into the descending channel again and it seems that we had some sort of fake breakout of the trend line. Also we just completed an "M" formation on the daylight timeframe and we retested the neckline and rejected it. We are looking for a short setup on the short term but be cautious...
Good Day Traders !! On Gold as we expected the price dropped to the demand Zone and broke the trend line ! On the Monthly timeframe we have an overextended W formation and we just tested and rejected the neckline. Down on the weekly timeframe we have an "M" formation and we have confluence between the neckline of the weekly and Daily "M" formations. Also it...
- double big up & down bar is mean the price is rejected the resistance + supply zone - after breaks-out the head & shoulder pattern, the price is in the up trend - short will small position to demand zone or long when price test demand zone + support level with clear price action - if you look the volume, you will see it is increase around the head & shoulder...
- Strong demand zone 1st was formed after strong buy by SHARK with BIG BULL BAR & BIG VOLLUME - Wait Price Action or Buy Limit around the demand zone - Entry, Take Profit, Stop Loss as the chart
- the price is tested the demand zone - BUY LIMIT around demand zone and TP1 around 1upply zone 1st. TP2 around supply zone 2nd
price react aggressively Monthly support.
ICT one Short one kill model for entry....over all trend is bearish..
Hey traders, here is the analysis for the CADJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.