NVDA has broken the up trend channel and now it’s on pullback
There is also a weak resistance zone nearby
And there’s a harmonic pattern (BAT)
So I expect price to fall in the next day that WallST opens
What’s your opinion guys ??
Mercadolibre is still correcting although drawing closer to a zone I expect a bounce/reaction.
Since Sept 2020 MELI has been trading inside a ascending channel and printed a fresh ATH in Jan 21.
I anticipate a move down to the bottom of the channel with the following confluences 200EMA,
.618 fib pull from bottom of the channel to the last swing high and the...
At the moment price reached a very important area for EURGBP and we have two different scenarios for this case:
1. Wait for rejection and buy for a bullish movement.
2. Keep looking on the chart and wait for the breakout. then sell at the pullback....
Etsy, Inc. is an online marketplace for buyers and sellers, and operates in the United States, Canada, the United Kingdom, France, Germany and Australia. It mainly focuses on handmade or vintage items and craft supplies that include unique jewelry, on-trend clothing, bags, toys, art, home decor and furniture. In addition, the company offers several services to...
5 paisa made high of 444- 465 in July 2020 and retraced some part of its previous rally only to take support around 235 levels.
The stock then started rallying again but was not able to break through previous resistance( highs made in July 2020) and traded sideways near the resistance for about 3 months.
Finally, it managed to break above in the first week of...
Recently audcad had a good support at 0.911
I just took a look at it's chart and understood that I missed the long position cuz it wasn't in my watchlist .
But let's see when we can enter it for long
The price is moving with a strong bullish momentum
There's a trendline and it seems it's gonna break because of the strong momentum we have .
Analysis has been done on 1 hour time frame and the price has approached support zone yet again! It has taken support from the zone 5 times on a bigger timeframe which indicates how strong this zone is for buyers but it must become weak.
This results in a make or break situation, where a small pullback is required after sellers dominance or either a complete...
Hi everyone , we hope you're all fine and having a nice time.
let's take a look at CSCO chart together :
- A long-term uptrend channel is recently broken
- The price is going to move as a pullback now
- Also the price is so close to touching the 50 EMA
- also there are fundamental issues that can affect on the price of CSCO to fall...
welcome to another free trading-setup.
Point of Risk-Reduction: 77.810
Stop-Loss: 24 pips
Risk: 0,5% -1%
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I would also be bullish on GOLD buying as well there is money to be made.
First you guys can see that triple top bottom at support level for AUDUSD , now though its has already formed I am waiting for the USD to gain some strength and pullback just a bit. I will be ready to get in during the pullback. Also on the higher time frame the 200 ema is approaching now if...