Took successful UJ buys after price broke resistance, waited for a pullback and entered anticipating price to move up with NY volume. Looked to target a 4hr wickfill and stops were placed below support.
Current Trading Range: The EUR/USD pair has been traded within a narrow range, roughly between 1.0930 and 1.0925. This suggests a consolidation phase following recent movements. Impact of Upcoming CPI Data: The market is anticipating the forthcoming U.S. Consumer Price Index (CPI) data. Scheduled for release on Thursday, these figures might significantly influence...
📊Analysis by AhmadArz: trading is a business 🔍Entry: 16.34 🛑Stop Loss: 17.59 🎯Take Profit: 15.01 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Today's focus: ETHUSD Pattern – Consolidation / ascending triangle pattern. Support – 2166 Resistance – 2371 Hi, and thanks for checking out today's update. Today, we are looking at ETHUSD on the daily chart. What's next for Ethereum? Will we see a new leg higher break resistance? A lot will come down to the SEC and its pending approval of the BTC ETF, but it...
Nifty will be gap down opening in today's session. After opening nifty start trading below 21530 level and then possible downside rally up to 21410 in today's session. in case nifty trades above 21560 level then the upside target can go up to the 21680 level.
The Nasdaq shows a significant rise in today's trading session. At the time of writing, the index has gained 460 points from the January 5th low. I've drawn two Fibonacci retracements to identify two potential areas: a bounce at the 0.62 Fibonacci level, illustrated in the chart, and a possible price reaction. Mainly, I expect a decline in the index tomorrow in...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
An update for my last copper theory based off trade pattern From 2016 till this day copper has formed a double bottom on such a large scale that makes it hard to miss. 2022 - 2023 looks to be the pullback phase back to the neckline, at liquidity (S/D). 2024 will be the year of the rally (expansion) seeing price action head towards $4.6, and then causing a...
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Hello TradingView Family / Fellow Traders, 📈 AUDUSD has been overall bullish , trading inside the rising channel in blue and it is currently approaching the lower blue trendline. Moreover, the zone 0.665 is a robust support zone. 🎯 Therefore, the highlighted blue circle represents a significant area to consider for potential buy setups , as it marks the...
The stock has compressed and poised to move out of the compression zone. One may consider to enter at around 2600, target 2720 and further trail.
Hi Traders! GBPUSD looks to have formed a range zone as it has tested the NFP high at 1.27712 and has failed to break above the high. Here are the details: After the NFP release, there was a strong bull rally to the 1.27712 level, but it was quickly rejected, as you can see with the large upside price wick. The market recently tested this level, and the...
Technical Analysis: Gold price might struggle to capitalize on the modest intraday positive move From a technical perspective, any subsequent move up is likely to confront some resistance near the $2,040 horizontal zone, above which the Gold price could aim to retest Friday's swing high, around the $2,063-2,064 region. The next relevant hurdle is pegged near the...
Analyzing the USD/JPY pair, I observe that it is consolidating losses below the 144.00 level. The Japanese Yen (JPY) has gained traction following softer-than-expected Tokyo inflation data, strengthening expectations of a more hawkish approach by the Bank of Japan (BoJ) and widening the monetary policy divergence between the BoJ and the U.S. Federal Reserve (Fed)....
Today's focus: USDX Pattern – Minor Support. Support – 102.06 Resistance – 102.52 Hi, and thanks for checking out today's update. Today, we are looking at USDX on the daily chart. Today's video asks if USDX will continue to hold short-term support at 106.06 and make a new move at testing resistance, or is this just descending triangle price action, which in...
Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level & this rally can extend another 400 points if market gives breakdown 46950 level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level.
Whats up gold gang! wow rekt today 2 losses! .. it looks like gold did a great job of manipulating the masses all looking for longs. Lets see why The daily respected as we saw yesterday and then shot down 200 pips in asian!! looking for pullbacks, i went long and got rekt. Its very rare for price to move so far in asian without a pull back in london. We got...
Gold (XAU/USD) has been subject to a blend of economic indicators and policy projections. After dipping to a several-week low at $2,017, gold regained momentum, surpassing $2,030. This rebound was bolstered by a drop in the yield of the 10-year US Treasury bonds below 4%. As a result, XAU/USD successfully mitigated a substantial part of its daily losses. Various...