Waiting on price to break the range and retest Price could break towards the upside or downside but i have a deep feeling the bullish movement of the USD is about to be exhausted, so i will be looking to short once price break the range.
Seen a bullish entry to the upside but still see a sell move if market doesn't get to my buy entry you can study my set then let me know if you have any question. Remember risk manager is of your own decision so apply proper risk management
Xau prompts to make an expected swing move rejecting from 2121...Eyes on the 2080 R-zone
Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance 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.
Today, gold managed to achieve a remarkable growth, breaking completely out of its downward trend. Important resistance for gold lies between 2084 - 2088, and I expect that with the market opening next week, it will start a corrective move from this range or slightly higher at 2092 - 2096. We have several reasons: Firstly, the downtrend line has been breached,...
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: Monday's trading session did not have many fluctuations, the price area touched the trendline and resistance area, setting up a SELL signal ⭐️ SET UP GBP/ AUD PRICE: 🔥SELL zone: 1.94300 - 1.94500 SL : 1.94800 TP 1 : 1.94000 TP 2 : 1.93700 TP 3 : 1.93300 ⭐️ Technical analysis: Based on...
After a breaking of the main bullish trend, there is a quick short movement. The price did a correction to 0.5 of Fib + supply zone combined with resistance line. This could be followed by a quick short movement to demand zone where doble bottom could be formed. There is a risk because the main movement is upwards and the correction of the main movement was done...
I think Bitcoin growth potential is not yet exhausted this mean Bitcoin retest the level $59,370 or $58,890 then we think about the pullback of the Bitcoin to support level Bitcoin Surges To New 26-Month High, ‘Whales Go Parabolic’ As Analyst Forecasts Rally Toward $59,370 Bitcoin (BTC) has experienced a surge of over 3.6% in the past week. The gains have...
1. GBP/USD Technical Analysis: - Sell Entry: Targeting a decline from 1.26503 to 1.25890. - Retest Anticipation: Expecting a revisit of 1.26640 before downward movement. - Risk Management: Set stop-loss above retest level to mitigate reversal risk. - Take Profit: Aim for 1.25890, but adapt to market conditions and price action. 2. Fundamental...
AMD vs. NVDA: When looking at these two stocks it's clear that NVDA is the clear winner and will maintain its pricing power over alternatives. NVDA's Gross margin (75.97%) is +35.57% that of AMD (40.4%). Although AMD has a low price to sales ratio this is likely due to them having a "Walmart sales model". High volume, low margin. This is illustrated...
Traders, True to form, though I rarely do this anymore, I’ve gone short on Bitcoin. My entry was immediate after hitting that resistance level at $60500 which I discussed in the last post. Target will be $48,300 Stop out will be about $63,000 RRR is nearly 5/1 I am confident here so I’ve risked nearly 50% of the trading portfolio. But I will definitely be...
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My daily setup My trading strategy is to look for opportunities to enter and exit trades based on these levels on a daily basis. It's important to monitor the market closely for any changes in the key levels of support and resistance to get a good exit or entry. I use technical indicators, such as moving averages, order block and volume price to identify trends...
As you see on the cart clearly up trend in channel. And i think eliot wave is completed so now we are in the area of ABC correction. so i see an opportunity for selling. Min Target: 1.35
Let's take a closer look at Nvidia NASDAQ:NVDA – a stock generating a lot of buzz. On the two-day chart, we observe a potential completion of Waves (3) and (4) between November 2021 and October 2022. As an alternative, we could see Waves (1) and (2), leading to the upcoming Wave (3). The targets are ambitious, and time will reveal the accuracy of these...
Today, we're taking a closer look at the Dow Jones Index, specifically the E-Mini Dow Jones Futures. It appears we're in Wave (2), overshooting the target and forming an Expanded Flat correction. If there's a turnaround here, typical for such waves, we might see a correction somewhere between 50% and 61.8%. We consider more than 78.6% unlikely, so we're betting on...
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: Pay attention to the long-term DECREASE trendline, set up a SELL signal ⭐️ SET UP AUD/CAD PRICE: 🔥SELL zone:0.88450 - 0.88600 SL 0.89000 TP1: 0.88100 TP2: 0.87800 TP3: 0.87500 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a...
Hey guys , NASDAQ:JKHY has formed a bearish expanding flat with lower degree trend continuation structure.