The price moved up to the specified target and decreased. Be careful, it is better to leave before the goals that are specified.
Currently spy is at the bottom of a box. Spy could see a bounce if there is support here otherwise, if this support zone fails then spy could see a lower trading price. I have circled areas where spy has sold off at before at this relatively similar price. What do you guys think?
The importance of this level in the role of support can be seen in the picture. It can be said that we are witnessing a rectangular pattern in the share and according to this hypothesis, the first two goals of this pattern have been determined for the symbol.
We have emphasized a slow down in momentum of Gold. Gold has been trading in consolidation between 1790 and 1820 region. The daily 50 exponential moving average is not as extended as before and price is likely to make its first contact with the moving average before heading higher due to seasonal strength. A breakout of the 1790 support region can potentially...
Dow Jones broke and closed below an important daily structure support on a daily. The broken structure turned into resistance. I will expect a bearish trend continuation from that. Goals will be 32550 / 32000 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Attention to closes above 1.81896, targets are determined according to Fibonacci.
GBPAUD is trading within a wide horizontal trading range on 4H. The price is currently coiling around its resistance. To short with a confirmation, watch 1.8128 - 1.8166 area. It is a neckline of a double top pattern. We need a 4H candle close below that to confirm its breakout. Short aggressively or on a retest then. Goals will be 1.808 / 1.803 If the price...
H1 chart - Is resistance zone stronger or drawing trend lines better?
#ABFRL very close to a range Breakout Stock gaining Strength & Volumes building up. Another Wedding/Festive & Holiday Season Theme Stock Take 5-10% & Keep Trailling Keep Sharing, loving & following for more Learning. Happy Trading !!!
HD ( HOME DEPOT ): Consumer Cyclical - Home Improvement Retail. Home Depot is included in the Down Jones Industrial Average. My technical analysis on the stock: The current downtrend took the stock 37% of its all time high of January 2022. On June 23, HD initiated a strong bounce to $333 off the $265 level. On August 17, HD initiated a huge drop back to 265,...
Everything indicates that the recession in 2023 is pretty much inevitable. And when the Fed pivots, a market crash is almost guaranteed. Nothing is for sure, but it's based on historical statistical data. The DXY index is currently sitting at the strongest support ever created. It's the rectangle line + wave (3) + wave 1. As per Elliott Wave rules, in an...
Hello guys, as you can see price create very bullish sign in the middle of trading range if it could break above blue line , what I expect is pomp for Link Stay safe ;)
Dow Jones Index price action analysis. Key levels & potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Short the breakout Rounded top pattern Sell Ride the wave down
Bullish Indications 1. Higher Highs and Lows 2. Tweezer Bottom and Bullish Engulfing on HL 3. Break 0.5 fib support level 4. Break Upper Resistance Trendline 5. Formation of Bullish Flag 6.12 out of 16 years December remains bullish 7. Trend is not mature enough to make it a reversal Seasonal Data for the Past 15-16 Years Dec-06 => Green Dec-07 => Green Dec-08 =>...
HDFCbank was trading in a range from past 1 month & it broke out of it today with good volumes. Could be bought with mentioned stoploss & target.
This bullish flag is absolutely ready for a breakout! I am bullish on ETH, and I opened a quick long position. I will exit at the resistance, and after that, I am going to short ETH! As you can see, the price is in this rectangle range, and usually the market is ranging 75% of the time, so there is a huge chance that the bears will step in at the resistance! I...
*This is NOT a trading signal. This is just a trading ideas. If you want to follow, make sure you know how to manage your RISK (MONEY MANAGEMENT).