EURJPY pushed higher with strong impulse last month after going all the way lower towards 125.000 psychological support and rejecting it. The current impulse was very intense until it tested the resistance that was present at 137.000 area and rejected it. This rejection was accompanied by the monthly candle closing beneath the key psychological resistance at...
(( Stopped out. Wave counting need a major update ! )) 4th Aug 2021 (( General trend is still down. There will be a considerable Up going counter trend correction . Then we will have another large down going wave . I will publish the update at appropriate time . )) 4th Aug 2021. Above are my last two updates on the idea published on 15th July 2021 ....
Ashford hospitality trust invest directly into the hospitality industry, mainly through hotels which of course have been annihilated since the pandemic, and there are arguments that business travel will never return to pre pandemic levels which Ashford hospitality rely on. At the start of 2020 the SEC launched an investigation into the business due to transactions...
A tricky scenario regarding the EURUSD! Its too oversold however the fundamentals are still very much against the EURO here. A LONG move is being capped by multiple resistance and one of the nearest trendline capping its growth is visible on the main 4H chart. Therefore a SHORT move would be favorable shall the technical criteria meet, one of them being the daily...
Everybody knew 77 was ridiculous level for this name to see when eCommerce was booming WW. But when the risk appears in the percentage terms in front of you...its hard to justify the buy. The core of how the titans of the investing world operate. Value is the most when retails is the most scared to touch anything. This applies to many chinese names. Not all of...
Hello everyone, if you like the idea, do not forget to support with a like and follow. FTM is overall bearish trading inside our brown channel . However, it is currently approaching the lower brown trendline. The highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support (1.0 - 1.2) and lower brown...
With the risk off markets that highly affected the EUR against the safehaven CHF a couple of weeks ago, the price plummeted near the parity! At the moment the price seems to be recovering slightly and likely looks to be headed over to the next psychological resistance found at 1.05000 area. The Swiss National Bank is likely handing a helping hand to the EUR here...
Considering the bullish sentiment on the GBP index and the bearish sentiment on the USD sentiment serving as additional confluence to the current oversold situation on GBP/USD, I will consider going long for at least till Thursday.
RUN looking really nice here heading into earnings sitting right on its 9-Day EMA. Big Falling wedge on both the daily and weekly timeframes (See Attached Chart Below), Bollinger bands are starting to squeeze (Not Pictured) as buyer volume starts to pick up relative to seller volume. Slight bullish hidden divergence on the RSI on the daily timeframe & the weekly...
With remote work on the increase, people are upgrading their home furniture and living conditions more than ever before. A company like Williams-Sonoma will feel the benefit of this changing trend in living styles. Increased demand should allow furniture retailers to counter-act rising material costs by raising prices. Adding to this point, the housing market...
GLS NSE Shares: Market Cap ₹ 5,428 Cr. Current Price ₹ 445 High / Low ₹ 800 / 376 Stock P/E 12.8 Book Value ₹ 161 Dividend Yield 2.42 % ROCE 96.9 % ROE 61.0 % Face Value ₹ 2.00 EPS ₹ 134 Industry PE 24.3 Debt ₹ 3.64 Cr. Debt to equity 0.00 Earning Power 26.5 % Promoter holding 82.8 % FII holding 8.32 % DII holding 0.47 % Pledged percentage 0.00 % High price all...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 4, 2022 with a closing price of...
Hello guys. We could see that the EUR has shown extremely high bearish pressure in the previous week. EUR bleeds. And this is not only the case with the USD (which is the main rival to the EUR) but with a basket of other currencies. Unfortunately, this is a consequence of the war that is happening in Europe, and according to various economic sources, the impact of...
On H4 chart BTC is bearish/oversold in the MACD, RSI and Stoch RSI. I expect BTC to consolidate or make a small correction to the FVG zone. This will open up possibility for fresh entries and both alts if we stabilize or correct here. BTC has now become a strong asset during the Ukraine/Russia crisis, BTC also looks stronger than fiat and jump in BTC price and...
// (v4) RSI AMPLIFIER ( MCDX-Oscillator + Renko-Filter ) ( BTC ) ( 1h,2h,3h,4h ) //Authors credit: //Smart Money based of / Indicator | MCDX //Renko Volume based of "Weiss Wave Volume" / "WWV" //The SmartMoney MCDX (MultiColor-Dragon) amplify rsi values to give confirmation of so called BANKER or SMART-MONEY against Retaillers. //The main issue to me...
Hi everyone! Daily 4H 1H As previously said on my previous post mentioned that BTC had a chance to test 45K. But unfortunately the current circumstances across all markets are NOT looking good all this as been referred to the current situation with Russia and Ukraine. But NOT everything is bad as good outcomes come from Red markets: We can accumulate Long term...
With simplicity on the chart, it looks a lot like Bitcoin is building a necessary support at ~43,600 which is necessary for the major attack to finally conquer ~45,000 If the past 2 weeks we haven't seen much clarity on the charts, unsure were all of this is going, we now finally start to get a sense of the general direction. It is most likely we have already...
Rallied 50% from the recent low...and pulled back from the supply. Bearflag should have pushed price further down today, but it recovered well. Price action is not all that bearish right now, so bears need to be careful if THIS can manage to stay above 91.. Targets, below 91, 75 (double bottom?), 54 Above 91: 105, 128, 154