Part 2 of the EURUSD trade taken on May 30th 2024 at 7:45am. Our Stop Loss was reduced from 1% risk to 0.5% risk. Protected our capital
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
My dear friends, My technical analysis for GBPCHF is below: The market is trading on 1.1509 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1593 Recommended Stop Loss - 1.1454 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
I’ve watched this triangle form over time on NKE “Nike” waiting for a breakout to the upside of breakdown to the downside. After a few decent economic reports and FL “Foot Locker” signaling positive forward guidance I believe we have the momentum needed to push higher on NKE…..let’s see how this one plays out!
go short now and take any target - USD is weak - CHF is Strong have fun :)
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Price is rising towards our resistance level, if there should be a break then we will be expecting more upside movement in price.
ADANI GREEN STRONG SELL COULD BE INCOMING. NICE REJECTION FROM PREVIOUS SUPPLY ZONE. BUYERS WILL LOSE CONFIDENCE AS IT GOES DOWN. Not Confident enough in the Trade. Wait for confirmation before taking Trade. Could Take Weeks to Achieve Target.
Buy in spot and wait some weeks and see Result why I'm so sure about klay reason is if we see weekly chart of klay it indicate us. Chart pattern foam which is (W)..I'm not going to tell you hundred reason but I'm going with my chart which indicate me it's buy opportunity
Hello,Traders! GBP-USD retested the Horizontal support of 1.2688 And we are already seeing A bullish rebound so We will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
The WTI Oil 4H chart displays a classic bullish reversal pattern, often referred to as the "three pushes" or "three drives" pattern. This pattern is characterized by three distinct attempts by the market to push lower, each attempt being met with increasing buying interest. The current setup shows that after three downward pushes, the price has started to rebound,...
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
Beware sellers, we can notice double bottom pattern forming on 4 hr and gold hasnt broken 200hr MA on 4hr as well, so target will be the gap at 2411.
i think this resistance are important and good for your strategy
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Let's quickly review some levels in SPY. I can see potential support at 525 as a base flip level. 523 also looks like support - here are 21 EMA + the flag bottom + gap fill. The obvious resistance here is 532-533. One key thing I want to mention: the market is now ranging, and it's important to be patient and give it some time to form clearer price action and...
The pair has been trading in a bullish trend up to the April high which forms a strong resistance. The pair has recently broke below the rising support trendline on H4. If this level holds, I will be looking for short trades. Please do your own analysis before placing any trades. Cheers and happy trading !