Year to date, Nvidia (ticker: NVDA) is up by an eye-popping 38.0% and refreshed its all-time high at $697.54 yesterday! This follows last year’s near-240% rally. Needless to say, the US semiconductor company's share price (current: $678) is fast approaching $700 amid demand for AI chips. Interestingly, based on recent analysts’ forecasts for the stock, the...
Gold has taken a Structural low at the price level of 2030 causing a proper change to market structure and after this, a pullback is expected before the sell continuation begins. A BUY to SELL, from 2019 or 2020 to the available inefficiency in the movement of price.
As I was expecting, pullback to the OTE Area. We also have a good OB, and 5m confirmation.
Bearish XAUUSD is expected to give us a continuation after the recent bullish pullback. The imbalance (Fair Value Gap) shows the probability of the price going further higher before the bearish moves begin. I will take a short entry from the 50% of the existing FVG at price 2048. PATIENCE IS KEY! Let's see what Gold has for us today.
BANKNIFTY closed above va 1. Gapup 46350 long till 46500 2. 46200-46000 trade reversal; 3. gapdown 46000 look for longs
NIFTY closed above va 1. gapup 22065 long till 22125-22200 2. 22030-21920 trade reversal 3. gapdown 21920 short till 21830
I have taken a short position on EURUSD as the price has reached a supply zone. After conducting a thorough analysis of the EURUSD chart, I have identified an interesting opportunity to enter a short position. The price action has recently reached a significant supply zone, characterized by a concentration of sell orders. This area represents a strong resistance...
I have taken a short position on EURJPY due to price touching a supply zone. After conducting a thorough analysis of the EURJPY chart, I have identified a compelling opportunity to enter a short position. The price action has recently reached a significant supply zone, characterized by a concentration of sell orders. This area represents a strong resistance level...
Now, I have taken a long position on USDCAD due to price touching a demand zone. After conducting a thorough analysis of the USDCAD chart, I have identified a compelling opportunity to enter a long position. The price action has recently reached a significant demand zone, which is characterized by a cluster of buy orders. This area represents a strong level of...
After conducting a thorough analysis of the GBPUSD chart, I have identified a compelling opportunity to enter a short position. The price action has recently reached a significant supply zone, which is characterized by a cluster of sell orders. This area represents a strong level of resistance where sellers have previously been active, indicating a higher...
got 3 possible scenario for $Link. These 3 are areas for the possible bounce before going to my bias. A broken structure on a DTF is a signal for me that I will take long here.
In the retail zone, which is currently above 1.69–1.733, GBPCAD is where individual traders, or retail traders, are actively buying and selling currencies. This zone indicates where most people are making their trades, often based on their own analysis, news, or speculation. Conversely, the wholesale area, ranging between 1.5477–1.40507, is where larger financial...
Technical analysis and probabilities NZDCAD is currently moving between oblique support zone and the resistance zone. Several signs tell me that this will cause a downward movement. All the signs are listed below: Technical Its a down trend with lower high The Oblique Resistance The Horizontal Resistance zone Prababilities: 1. There is 70% chance for a new...
The US Dollar Index (DXY) has shown signs of a potential bullish continuation after breaching and closing above the previous week's high, overcoming a significant supply level at 102.750. This bullish momentum followed a two-week consolidation period, indicating a potential shift in the market sentiment. Last week's bullish close and the successful breach of the...
-Previous Day candle closed doji. If we are looking for buys we will take on until resistance formed on 29th nov 23 and TP 2 until 30 Nov 23. - If we are looking for sells we take on 30 aug 23 and TP 2 until 10 Jan 24 support. - Wait for 1 hour candle to close above or below zone. -We risk 3% of our capital. Close trades once price reverses to opposite direction...
-Previous Day candle closed Bearish. If we are looking for buys we will take on until resistance formed on 14th nov 23 and TP 2 until 13 Nov 23. - If we are looking for sells we take on 01 feb 24 and TP 2 until 03 Nov 23 support. - Wait for 1 hour candle to close above or below zone. -We risk 3% of our capital. Close trades once price reverses to opposite...