OANDA:XAUUSD Hi trader's , Gold as per our last analysis went down and hit all target's Now Gold consolidating and making a potiential reversal pattern 'W' pattern is bullish reversal pattern , as after double bottom , buyer's can push market in upward direction Once 20 and 50 ema resistance area clear , gold can move upto 1973 mark minimum ❤️Please,...
On the chart, we see a falling wedge occurring for PLUG. We expect it to break the support, anytime soon. The target is purely based on technical analysis. Therefore we will advice you to keep in mind, that the stock is at its lowest for a long period of time, and therefore has potential for much higher upside, than our target.
Japanese Yen is nearing a crucial point of FIBO level 61 This level can be see as a pivot point for price action many times over and over again The yen fundamentally is in a 20+ Year run of Qualatative easing and negative interests rates The new BoJ Ueda seems very reluctant to use any type of terminology that leads one to believe that a swift change is on the...
Long-term outlook = Potential Head and Shoulder formin for mid-term swing short positions. Short-term outlook = Falling channel = Long opportunities. Target - 90% rule Disclaimer: For educational purposes only.
This one is a trade for the patient followers, as the targets are big with huge moves. We are seeing a head and shoulders pattern, and are now waiting for the price to break the neckline, so we can take our short position. The first take profit-level will give a return on investment of 29% while the second take profit-level will reward with 54%. The target gives...
Our cable trade from several days ago is playing out BEAUTIFULLY lets see if we can get some SUPPORT STRUCTURE tomorrow with CPI Hopefully anyone who missed out can get in before the main rally
hello tradres i have done a pre breakout strategy if you want to learn follow me it is possible to make money click that follow that free signal
I would write a bunch of nonsense here including how the MAVS are lining up and RSI is blah blah blah, but if youve traded before a day in your life you understand what it is you are looking at and for the reasons why its happening, well: US DOLLAR = TRASH GOLD = UP CUP & HANDLE = TRADE IT GENIUS
Here we see USDJPY in its final push upwards. As we can see by the chart 138.00 is a very significant level for TWO reasons 1. It is a major FIBO level that is retesting the overall DOWNTREND that we are on from a WEEKLY perspective, this has been a necessary retracement to the massive downward trend that we had begun late last year. 2. It is the 1.6 FIBO...
Clearly the most undervalued stock (with P/E ratio under 3) as compared to other stocks of this sector oil and gas industry ⛽ My avg. Buy at 180 Key Notes as: Cmp 240 Book value 340+ EPS 80+ ROE 20+ Face value 10 Good Q3 results Decreasing Public holding Increased Mutual fund holding Formation of ABC pattern (Sea horse) TGT 325-350+ SL BELOW 220-200 So...
After several weeks of Price action consolidating on CABLE inside of a DESCENDING WEDGE and forming several HARMONIC PATTERNS it appears as though we finally have a winner between the bulls and the bears. Based on the price action a bottom has been formed and a breakout of the WEDGE PATTERN has occurred. Assuming this is a STEP ONE BREAKOUT and a total reversal of...
EurCad Head And Shoulders Pattern Short in H4 Order Block important zone.
Ger40 Dax Double Top, 2618 Short Setup. Support Resistance Change..
Price is in a consolidating phase in the form of a bearish flag pattern. If the pattern holds there will be a continuation for price movement to the downside. So, I'll be considering A Risk entry type at the top of the bearish flag structure at an area of value. Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag. ...
From 1HTF perspective XAUUSD is moving in an ascending channel (Reversal pattern) waiting patiently for price to approach the area of value with a sell confluence before going short. So I'll be considering A Risk entry type at the top of the structure at an area of value. Reduced risk entry after the impulsive back down followed by a tight flag or break of...
EURUSD(Fibre) is trading and moving in an ascending channel. Looking forward for price to make a third touch with the upper dynamic trendline. If this holds then the pattern Will play out. So, I'll be considering A Risk entry type at the top of the structure at an area of value. Reduced risk entry after the impulsive back down followed by a tight flag or...
🚨IMPORTANT BITCOIN ALERT 1HR Timeframe, We know that the 0.618 Fibonacci level is full of sell orders at the moment and we will see. It will be very hard to break, a lot of people are trying to catch up with the dump from there. Knowing that Bitcoin is BEARISH on the mid-term timeframe. So I believe that we will see a good short position from there. LIMIT ORDER...
We are looking at a potential reversal here on the AMEX:SPY . To the bullish side. Let's break it down from June 22 2022 until now as you can see the chart tried to perform a reverse head and shoulders. But it did not reach its original high due to a trendline. This shows is that there intense selling pressure and the trend line is still valid. After the...