Nvidia’s stock price surge has triggered discussions of a potential "bubble" in AI stocks. Cathie Wood, CEO of Ark Invest, has recently expressed her concern and reduced Ark's exposure to Nvidia, citing the possibility of overly optimistic expectations, prompting her to sell a modest $4.5 million worth of Nvidia shares. So perhaps she is not overly concerned...
Once again ( gotta get a hang of this ) forgot to publish.. Got TP1 fairly quickly, TP2 didnt hit but closed second position at 60 pips
Hello Birdies, Here is a scalp trade. Steps wait for price to breakdown 71.5k wait till it create low after pull back enter where you find it near the price given on chart One more thing pay attention to H1 to see if we hold above $71.5k or drop back below.. If we continue up, next target to watch is around $74k
Hello trader' what do you think about usoil 1. **Initial Analysis**: You mentioned a strong buy signal for Usoil to reach higher highs, but it has since broken and rejected the area around 79.90 and 80.00. 2. **Resistance and Support Zones**: Currently, you're observing the market testing resistance zones at 79.80 and 80.20. If these levels hold, the market may...
Hello Traders, In today's trading session, we're keeping a close eye on GBPUSD for a potential selling opportunity around the 1.28100 zone. GBPUSD has been following a downtrend, and it's currently in a correction phase, nearing the crucial support and resistance area at 1.28100. Adding a fundamental layer to our analysis, today's release of the Consumer Price...
Hi folks today I'm prepared for you Euro analytics. Some days ago price broke the 1.0920 resistance level, which coincided with the resistance zone, and then continued to decline until the 1.0760 support level, which coincided with the support zone. After the price reached the support level, the price broke it and declined even lower than the support zone, but...
Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 77.81. The above observations make me that the market will inevitably achieve 73.55 level. P.S The term oversold refers to a condition where an asset has traded...
Please, check our technical outlook for USDCHF. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.878. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.865 level soon. P.S We determine oversold/overbought...
Please, check our technical outlook for SPX500. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 5128.6. Taking into consideration the structure & trend analysis, I believe that the market will reach 5070.1 level soon. P.S Please, note that an...
Here is our detailed technical review for EURUSD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.094. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.086...
Last week we got all bullish price action on GU. This week I dont feel like we will get more of the same but I have to wait and allow for the set up to show itself before getting active.
Gold looks to make a retracement to the 2140's zone and after which we look to pump till the 2300's before a projected point of return (PoR) Thanks 👍
Hello,Friends! AUD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.575 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! We are now examining the NQ1! pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 18052.50 level. ✅LIKE AND COMMENT MY IDEAS✅
RSI and MACD at ATHs for the longest period of time. This will eventually roll over in a big way once it does. Targets $490, $485, 470s, respectively.
NASDAQ:AMD to $155 still a go if we can close between the 20DMA/EMA cross here... NASDAQ:AMD
In light of the Triangle Breakout pattern, Litecoin has successfully reached its upside target. Simultaneously, LTCUSDT has broken above the resistance uptrend trendline, signaling a positive outlook for the long term. However, the current market conditions are presenting a highly intricate timing challenge for both buyers and sellers, with price exhibiting...
AVAXUSDT has recently encountered a formidable psychological barrier at $50, coinciding precisely with the 661.8% Fibonacci retracement level. This alignment presents an opportune profit-taking level for buyers, suggesting a potential shift in market sentiment. Traders could be inclined to initiate short positions on AVAX, possibly giving rise to an ABC corrective...