══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
Tal Education broke out of the range it has formed over a year. This stock popped last week due to start of coverage from Goldman Sachs. It operates in after school tutoring in China, which is a norm in Asia and a huge market. Looking for a retest around 10.30 - 10.50. Stops can be placed below 9.50 (10 weekly EMA). No traffic till 17 but we can take 16 as...
Although it looks more rewarding on the short position, I do not suggest to go in on short because BTC uptrend structure has not been broken yet on a 1H timeframe. The strategy is to wait for buy Two Scenarios; 1) If BTC breaks 38k, wait for a retest around 38k and buy when reversal candle happens 2) Wait for a retest at lower bound of trading range at 35.7k and...
Bitcoin is consolidating within a wide horizontal range on a daily after a strong bullish wave. I will anticipate a further growth after a breakout - a daily candle close above 38030. Next resistance will be 39600 ❤️Please, support my work with like, thank you!❤️
AUDCHF broke and closed above the resistance of a horizontal trading range on a daily. We may anticipate a bullish continuation now. Next resistance: 0.5856 ❤️Please, support my work with like, thank you!❤️
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
Dollar Index broke and closed below a key horizontal daily support this week. After the violation, the price was coiling for some time within a narrow horizontal range on a 4H time frame. The release of US housing data on Friday was very bearish for the Greenback. The price violated a support of the range, giving us a strong intraday confirmation. We may...
I spotted a strong intraday bearish confirmation on USDCHF. After a breakout of a key daily support, the price retested that. The market started to consolidate on a 4H time frame within a narrow range. Bearish violation of the support of the range indicates the strength of the sellers. We may anticipate a bearish movement to 0.881 ❤️Please, support my work...
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.
Last weeks high: $38023.9 Last weeks low: $36284.2 Midpoint: $34544.4 Bitcoin starts the week at almost exactly where it started the previous week, just hovering above the 37k it means BTC had a net neutral price action over the last 7 days. However, midweek saw a 10% range create the highs and the lows before contesting the midpoint. After a strong rally for...
The stock is a good contender for a short term trade because it appears to be setting itself for breaking out of a month's range. A simple yet effective setup. A entry is made when the stock closes above the range's upper boundary with good volumes. It is to be noted that the stock also has given a successful wedge breakout on Nov.16. Note*- Please do your own...
This trade is pretty simple. Nothing much to say beside keep an eye on volumes as volume expansion can add to the view and provide more confidence while entering. Another important point is that the stock belongs to the second best performing sector(PSU BANKS) of 2023. CMP 44.7 SL 42 TARGET 52(15%)
The US Small cap equities index - IWM - Russel 2000, has approached a massive level of polarity. This 160 level is where the old resistance has turned into support previously. Monitor for reversal and continuation upwards. A break of this level however could really cause massive technical damage. The bulls have their work cut out for them this week
USDCHF violated a key horizontal support. After a breakout, the price started to consolidate within a narrow horizontal range on a 4H time frame. Its support breakout - 4h candle close below 0.8852 will give you a strong confirmation to short. A bearish continuation will be anticipated at least to 0.881 level then. ❤️Please, support my work with like,...
BABA was sold off quite aggressively after results and is once again trading at the bottom of its recent range. The levels that need to hold are 77.38 and then 74.00. Previous swing lows are all the way lower at 57.60. Upside target is still the top of the sideways channel, 121.00
Stop violated before entry so adjusting trade positioning If stop loss violated before entry/ break above last bullish candle then trade invalidated...
Update for Gold. Earlier, we spotted a confirmed violation of a key horizontal support. Retesting the broken structure, the price formed a narrow horizontal range on a 4H time frame. Its support breakout - 4h candle close below 1931 - will give you a strong intraday confirmation. A bearish continuation will be anticipated to 1923 / 1916 levels then. ...
October 21, 2023 - BINANCE:FETUSDT (Fetch.ai) 1-Day Timeframe Analysis Insight : -70% retracement from February 2023 rally. 6 months of consolidation. Potential +140% spot gain from this level