Unexpectedly strong U.S. economic data made the market uneasy about the outlook for U.S. inflation and interest rates, which in turn affected gold price trends. A business survey released by S&P Global supported the view among many traders that the Federal Reserve is likely to keep interest rates higher for longer. This expectation has heightened market...
With its strong foothold in the Indian banking sector and commitment to providing financial services to customers, Indian Overseas Bank presents an intriguing opportunity for swing traders. Reasons are listed below : Strong Support at 55-60 Zone : IOB has established a robust support base in the 55-60 zone, from which the price is rebounding, reflecting...
PHB 4h OS at support. D rising wedge marked the top. Playing for a daytrade flip . I would say W consolidation underway. D was a bearflag. tiny pivot. Lost D ema 12. not a great setup for 4h OS to catch W HL. trade smaller. I think the lower POC will have to be revisited. set alarm for the lower POC. PS: 2H STAIRSTEP drop. ALso check for news. PHB and...
Hi friend. Like you can see on image big bears volume was distributed. And now we can without resistance take upward trend. Bulls target 69715. Follow me. And dont forget to support! ;)
An interesting project that is moving in an upward channel! 📈 I am considering purchasing this asset in the marked zones. Targets: 0.1612$ 0.1735$ 0.206$
Container Corporation stands out as a promising prospect, supported by compelling technical indicators, inviting closer scrutiny. Reasons are listed below : Container Corporation has exhibited resilience at the 815 level, undergoing multiple tests before breaking through. The ongoing retest of this level signals a potential paradigm shift in the stock's...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
The euro is drifting on Monday. EUR/USD is down 0.05%, trading at 1.0849 in the North American session at the time of writing. US markets are closed for Memorial Day, which will likely mean a quiet day for the US dollar. In Europe, German Ifo Business Climate stagnated in May and was steady at 89.3. This unchanged from the downwardly revised 89.3 in April and...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
This presents an attractive opportunity for swing traders to capitalize on the potential uptrend in Hindustan Petroleum Corporation Limited ,a leading energy company in India engaged in the refining and marketing of petroleum products. Reasons are listed below : Strong Support at 450 Level : HPCL has established a robust support level at 450, indicating...
Strategic Acquisitions: GigaCloud Technology NASDAQ:GCT , a B2B e-commerce solutions provider, recently completed two significant acquisitions: Noble House Home Furnishings' assets for $85 million and Wondersign, a digital signage company, for $10 million. These strategic moves are expected to significantly enhance GigaCloud's revenue and margins. Leadership...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
Strong Performance: Shake Shack NYSE:SHAK , a growing restaurant chain, ended 2023 on a high note with successful sales strategies and margin expansion. CEO Randy Garutti highlighted the opening of 41 new U.S. restaurants and 44 international locations, including in Thailand and the Bahamas. Despite inflationary pressures, same-store sales saw a 2.8%...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
A potential swing trade in Finolex cables , a prominent figure in the cable manufacturing sector. Reasons are listed below : The stock bounced convincingly from the strong support level of 850, indicating solid buying interest at this price point. A hammer candlestick on the weekly timeframe signals a potential reversal, suggesting a shift from bearish...
Vertical lines represent bearish and bullish sessions. The next reads to be a Bullish Session. The price is questionable. The 3-month space is just an idea of what might happen. Bubbles represent price zones. I will not play Wizard and predict where the price will end up. I'm only being honest. Price action, sessions, and pi cycles read how and where. Prices are...
Hello everyone, Last Monday, the order block I was planning to buy didn't react as I'd hoped. But I'm still a buyer, given the trend. So here's my view of the next few days for EURUSD. Taking cash at 1.08050. Back in the OTE zone. Reaction on Order Block H4 If the order block reacts correctly this time, then I'll possibly take a buy on it. The level to aim...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.