Update plan with Tesla Tesla stock has touched the daily line which is good support, however you need to consider taking partial profits when the price hits the price holding zone that is eventually broken down which is also the horizontal resistance level. In case the price continues to break out of that horizontal range, we will continue to hold the order. On...
Increase in U.S. Rate Expectations Weighs on Japanese Yen Idanna Appio, a portfolio manager at First Eagle Investments, highlights the challenges facing the Japanese yen due to increasing U.S. interest rates and rising oil prices, which are negatively impacting Japan's trade terms. Verbal intervention by Japanese authorities is unlikely to have a significant...
Idea not advice Held zone through Asia and London Change of structure Probably needs juice if it wants to push downside Higher time frame bullish Godspeed in your trading y'all.
The price hit our target exactly as predicted in our earlier analysis. Thus, if a 1-hour candle closes above 38570, it suggests that the bullish trend will continue towards 38820. Conversely, if the price stabilizes below 38485, it is likely to drop to 38330 and then to 38180. Pivot line: 38480 Resistance Prices: 38810, 39000, 39200 Support Prices: 38340, 38180,...
The height was hit the previous day I expect a decline from the supply zone
NZDUSD 15MIN R:R = 3.5 RBR ZONE : This zone is calculated by supply and demand method
GOLD New Forecast The price of GOLD has adjusted back to its resistance level and is now poised to drop back down to 2302. A further bearish phase could be triggered if it breaks below 2302, potentially falling to 2278. Conversely, for an upward trend to be established, the price should remain stable above 2234, potentially rising to 2242 and then 2258. Pivot...
Nvidia NASDAQ:NVDA inched up 0.7%, rebounding from a 10% drop in the last session. Mideast tensions subside The risk-on mode was also supported by signs of easing tensions in the Middle East, As long as the price remains above 17,150, it indicates bullish momentum, potentially reaching 17,400 and 17,500. Breaking past 17,500 is necessary to continue to the...
EURGBP 30MIN R:R = 4 RBD ZONE : This zone is calculated by supply and demand method
H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has now printed a bearish which confirms the initiation of pullback which was needed by all HTF's. Following the bearish iBOS we now expect price to pullback. Intraday expectation: We are seeing a reaction to H4 flip zone where price could target weak internal low, however, price is trading in...
XAUUSD 15MIN R:R = 6 DBD ZONE : This zone is calculated by supply and demand method
US Futures Climb Higher on Strong Earnings US stock futures climbed higher on Wednesday as investors reacted to the latest batch of corporate earnings reports. In extended trading, Tesla surged 12% after the company said it would start producing more affordable electric vehicles in 2025. Visa and Texas Instruments also rallied 2.5% and 7%, respectively, on...
EURUSD 15MIN R:R = 4 RBR ZONE : This zone is calculated by supply and demand method
FUBO started its rally from $0.96 in March 2023 and reached $3.87 in August 2023. Since August 2023, it has been declining with the Elliot WXY correction wave. I think this correction will continue until the gap at $ 1.18 is filled. My guess is that this correction will continue until around $ 1.12-1.2. Unless it goes above $1.9, I am short FUBO.
Still looking at GAL after this surge the last days. Looking on opening an scalp position to our swing position which is up 35% 🚀 On the 12H tf I am looking for the FVG to get filled, we shouldn't fall much lower but the "worst" scenario for now would be a pullback to our swing entry and the demand resting there. Target for the scalp is the range high at 5.41$
The uptrend has been restored and with a former higher high removed, this is a promising zone.
Although the Daily uptrend has ended, this is a great level here which I think might be able to restore the trend or at least push price up and despite price is going down, there is no real Supply level left behind..