Gartley pattern is in making its in a long term upward channel We may see 104 and higher levels for safe entry wait to close above 76 keep stop loss as 63 on day close basis once you enter
SP 500 Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channel, Cluster, Confluence, Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided...
XAUUSD is trading in descending channel and printing consistent LLs LHs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the buy momentum continues the next target could be 1990 What you guys think of this idea?
Gold falls, market turns its attention to US banking-related regulatory announcement. The dollar is strengthening at the same time, which has a corresponding effect on the gold market. Since gold is in a bearish trend and is making new lows, we expect a decline based on the following assumptions. Reasons for the drop: 1) The fundamental background for gold is...
FOREXCOM:XAUUSD is updating a low of 2001.9 and forming a correction in a phase of waiting for news to be released at 13:30 GMT. At 13:30 Initial Jobless Claims will be published - analysts expect that the index may show worse data than in the previous period, and also, it is worth paying attention to Bostic's comments (FOMC), who will speak three times...
USDCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
This is a split screen of NVAX, both on the weekly time frame. The chart on the right is the bollinger bands. Currently there's a squeeze and the mouth is just beginning to open. Price is under the white basis line, and if the mouth of the bands begins to open wider, it's likely price will get dragged down and ride the bottom yellow band. The chart on the left...
Solana is in a triangle between 2 channels, approaching the Apex! It could break either way! Solana could be in a wave 4 of 3 retracement which could last two months from when it started on Christmas at noon if it's length can bet determined by the wave 2, which lasted from July 13th 2023, to Sep 11th 2023 (59 days 20 hours) or we could just be in a calm between...
waiting for a short setup against China A50 and a long setup on Nikkei 225. Let'see how it goes. Traders who did the Long Japan/ Short China trades last year earned a lot. Will this combo still be the most beneficial trade for equity traders? Currency these 2 economies are gonna cut their rate. The difference is China's gonna cut their rate regardless of...
Gold reversing off the $2005 pivot with divergence. Divergence also evident on the 4hourly. Bulls will need a closure above $2055 to break out the bullish flag which would then target the previous high from early December at around $2140. First target $2030-$2040.
FX:EURUSD Parallel Uptrend Break, this is going to be positive for the dollar and negative for U.S. stocks. Notice how the EURUSD bottomed exactly when the U.S. stocks did.
Rising top flat bottom channel. Two key support targets for downside. Technical analysis would suggest downside price action from here. RSI close to breaking below 50.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
NASDAQ:TLT Parallel Down Trend and Support 50 day moving average NASDAQ:TLT , a discernible parallel downtrend is evident, suggesting a consistent downward trajectory in the stock's price movements. Notably, a significant support level is identified at the 50-day moving average, indicating a point where the stock has historically found stability amid market...
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: With the quite obvious and expected channel breakout in 2016, we saw a rally of more than 500% towards the upside on Amazon. This pump was followed by a retracement back to a previous support level before we saw another bullish reversal. If Amazon breaks back...
FX:EURUSD is declining and forming an attempt to break trend support. Fundamentally, the TVC:DXY is strengthening on the background of the Fed's position, which negatively affects the base currency - EUR. On the high timeframe we see that the dollar continues to strengthen after a long consolidation. The Fed is not going to give up and is trying to insure...
In a technical analysis focused on Tesla's parallel downtrend below the 50-day moving average (MA), we're examining the stock's price movement concerning its short-term moving average. The 50-day MA is often used to gauge the intermediate-term trend. If Tesla is in a parallel downtrend below the 50-day MA, it suggests that the stock's recent price movements are...
Price action analysis. Important key levels. Directional bias. Top-down analysis. ❤️Please, support this video with like and comment!❤️