-Price traded
into a discount
-Created SMT then reached
towards internal buyside
Overall we are in a consolidation but
lets see if price will reach higher for more
buyside or continue to consolidate
RTY1!
I sometimes wonder if people realize how bad things are going to get.
Daily chart analysis
RTY1! Reached all-time highs after the fake money covid pump. It then spent all of 2021 moving sideways in what turned out to be a Distribution stage.
It entered a downtrend (under 200ema) to start 2022 and found support by mid-year.
Now over the last 12 months,...
GameStop ( NYSE:GME ) stock has risen 13.1% to its highest close since December, marking a resurgence for the videogame retailer and original meme stock. The stock closed at $18.01, its highest since December 28, when it ended at $18.07. GameStop ( NYSE:GME ) shares also recorded their biggest single daily percentage gain since May 3, when they climbed 29.1%....
Keeping it simple
TQQQ Multi-time frame analysis
Daily chart – Long term
Pretty clean straight forward chart. In this one we can see the different stages of the market.
After topping out in Aug. ’18, price entered a “sideways” market between Aug.’18 – May’20. The “sideways” market was deemed an Accumulation stage after price broke upwards and entered Uptrend....
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
USDCAD TREND-FOLLOWING. 📚
👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising orange channel.
👉Moreover, price approached our rising trendline, lining up with our massive...
The recent price action on the CADJPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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GM
About to blow.
After receiving those COVID bucks that propelled its stock into a nice uptrend, GM spent most of 2021 in a distribution stage, forming an M-top pattern. The price entered a downtrend in February '22 and finally found support in July '22.
The price entered a sideways range, initially resembling a rising wedge but later developing into a...
Dear Respected Traders, we hope this communication finds you well.
we are convening a discussion focused on #SNXUSDT
On The 6H Time Frame📊:
The Falling Wedge Pattern is Formed , Now it's Ready to Break the Pattern
In Case of Successful Breakout, Expecting a Bullish Move of 50% 🚀
#Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT...
Bitcoin / U.S. Dollar, 1h_ Under_ Trading_Venue_ Coinbase!
Moving accordantly and at the same time we collect what to expect as already some mess is created while is moving up!
Lets cover those mess and breakdown the distribution price at the same time!
Until Market is at the Advance stage we will be expecting small lower decline! Advance stage = Market...
The Pound Sterling's recovery has encountered a standstill amidst robust speculation regarding early rate cuts by the Bank of England (BoE). Concurrently, the GBP/CAD pair, after establishing a bottom within its channel around 1.68880, initiated a pronounced bullish surge, propelled by a convergence of technical and seasonal indicators. Technically, the price...
ORCL
Was in an uptrend the 1st have of 2023 topping out in June 2023.
Price then started to move sideways and formed a what looks to be a M top pattern.
Price has broken thru the neckline of the M top pattern and the trendline the uptrend created. This is my que to enter trade short.
Entry: 110.07
Stoploss: 116.48, -5.82%
Target #1: 85.00, +22.78%, 3.91 RR...
Gold has been rising slowly today without any correction, but it is not yet certain whether the rise in risk aversion can continue to amplify. Gold will continue to rise, and there must be news to stimulate further support. Gold has now reached the early intensive resistance area, and beware of a pullback under pressure.
CRTO
Daily chart analysis
CRTO bottoms out at all-time lows Mar.’20 at around 6.45.
The freshly printed covid bucks sent the stocks into uptrend up to 45.50
The stock eventually starts moving sideways in form of an M top pattern with a neckline/support at around 34.00
Feb.’22, price breaks down from M Top pattern, signaling the start of downtrend.
Price enters...
XAUUSD analysis:
Gold has broken the descending trend-line that was connecting the bodies of the candles on the 4H this was (also acting as a resistance) line holding price.
Another descending trend line has been issued this time wick to wick to see if we have a fighting chance on the 4H but if this one will not hold we might see price approach the next major...
Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price made a downward move, but soon turned around and reached the resistance level, which coincided with the resistance zone, after which BTC rebounded and made a strong impulse down to the trend line, thereby breaking the 60200 support level. Then price some time traded near the trend line and...
#market_pulse #Gold
👋 Hey hey hey, SabioTraders!
👀 Let's dive into #Gold and its potential trading opportunities.
📉 Technical and Fundamental Insights
Gold is headed for its strongest week in five, with a 3% rise influenced by expectations of a U.S. rate cut. Spot gold rose 1% to $2,369.35 per ounce, its highest in two weeks, after data showed a spike in...
