I am starting a position on NYSE:NEP on three thoughts: The company should be able to resolve its financing issues. The stock pays a hefty dividend (14.6%) I expect the gently rising intermediate term trading channel to remain active, and the short-term, declining channel to get broken. Somewhat balancing this view is the concern that a significant...
Today's fundamentals are very bullish for NZDUSD. The price is currently forming a high momentum bullish candle on a daily, violating a key horizontal resistance. It opens a potential for a further bullish continuation next week. Goal - 0.6058 ❤️Please, support my work with like, thank you!❤️
Hello Everyone, Long-term prospects for EUR/JPY continue to favor buying, with an upward trajectory expected. Despite significant seller activity aiming to breach daily support, the current stance on EUR/JPY remains bullish, emphasizing its potential as a buy. TradeWithTheTrend3344
Market Observation: Considering a long trade on INJ, with a safer option to wait for BTC to surpass the $60,000 level before entering. Trade Setup: Entry: $22.50 - $26.00. Alternatively, wait for BTC to break $60,000 before entry. Take Profit: $30.00 - $32.50 or $39.00 - $41.50. Stop Loss: Just below $22.00. Risk Management: Utilize a stop loss just below $22.00...
Hey, guys. This is ESS team. We take this chart for you with a pro tip! If it is supported by the ORANGE uptrend line, It is expected to break through the RED downtrend line. After the break, It is going to reach the GREEN uptrend line. Tip! 1. If Green uptrend line is broken through, It will go UP to the purple uptrend line. 2. Cash HOLDERS, After breaking...
Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
Western Digital has pushed steadily higher since late 2023, and now some traders may expect the uptrend to continue. The first pattern on today’s chart is the zone around $66. WDC peaked there on March 6 and 21. It then rallied above the price and came back to hold it on April 19 and 25. Has old resistance become new support? Second, the data-storage company got...
Market Observation: Monitoring BTC's proximity to the $60,000 resistance, which could influence altcoin movements. NEAR is currently at a support level, presenting a potential long opportunity. Trade Setup: Ladder into a long spot trade within the current trading range or $5.75 - $6.20 support area. Alternatively, wait for BTC to break through $60,000 before...
COALINDIA formed a symmetrical triangle on daily chart and broke out of resistance with strong bullishness followed with huge volume spike. Looking the pattern formation, could see bears are weakening on every swing before breakout of resistance. Also note the low volume when price falls indicating sellers are not willing to let go at lower price. Prior runup to...
BANKNIFTY closed below va 1. gapup 49300 long till 49600 2. 49300-48900 trade reversal 3. gapdown 48900 short till 48700
NIFTY closed below va 1. gapup 22680 long till 22800 2. 22680-22480 trade reversal 3. gapdown 22480 short till 22400
OANDA:EURCAD is trending in upwards direction forming a series of Higher Highs and Higher Lows. Currently, It's retracing towards premium price levels of fib 50-75% where we can look for buying euro against canadian dollar.
Short-term Neutral-Bullish Intermediate Neutral-Bearish ES. On the downside, we have aggressive support at 5098.25-5002.25; holding above signals strength/stability and a break down below would be an early warning sign. Below 5098.25, we have Support at 5080-5090 where Buyers can still be active. Break and HOLD Below 5080 = Intraday Bearish
- Previous Day candle closed bearish . If we are looking for buys we will take on until daily resistance formed on 21 July 05 - If we are looking for sells we take on until 26th march 24 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day. - We risk 5-8% of our capital. Close trades ...
✅ Bitcoin finally managed to break the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and the lower line of the Descending Channel and 100_SMA(Daily) . 🏃♂️Bitcoin is currently pulling back into the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and moving near the 🟡 Potential Reversal Zone(PRZ) 🟡. 😱The Fear and Greed Index entered the " Fear zone " again after more...
Trading Plan for Friday, May 3rd, 2024 Market Sentiment: Bulls maintaining a tentative lead ahead of multiple high-impact market events (Apple Earnings and Jobs Report). Expect extreme volatility and plan accordingly. Key Supports Immediate Supports: 5068 (major), 5054 (major trendline - note this level rises daily) Major Supports: 5028 (major), 5001...
Every coin is down nearly 60 or 70% from its ATH made in March month. ●INJ is in the best buying area whu? because it's inside the Weekly FVG , When market trade down into the HTF FVG and we are in a bull market we buy whenever we are in FVG. ●Month of May is for buying and almost every best altcoin is down 60%. ●End of dump
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price a not long time ago rebounded from support 2, which coincided with the support zone and declined to almsot trend line, and then it started to grow inside the upward channel. Inside the channel, EUR soon broke support 2 and rose almost to the resistance line of the...