Gold fell back to around 2365 today, then fluctuated and fell, and currently fell to its lowest level near 2339 and rebounded again. Gold did not fall below the 2335 position during the adjustment process, so gold as a whole still maintains a bullish pattern, and the upward trend has not changed. Therefore, gold will rise again after a short-term pullback. ...
Hello Everyone, The strong bullish trend in EURJPY is anticipated to continue, with some minor fluctuations expected. TradeWithTheTrend3344
Hello Everyone, AUDJPY remains a strong buy, although a monthly resistance looms at 103.46,104.12, and 106.099. If this resistance holds, we may see support being tested in the near future. Nonetheless, our outlook remains bullish! TradeWithTheTrend3344
This is a follow up to my $90 entry call (click). After a considerable retrace we have a bounce. The bounce is at a significant and key resistance. What happens here could determine the next trend. Immediate resistance zone is $103.14 to $103.82 Break above should run to golden fib at $117.36 Rejection could drop to golden below at...
IBM had the business office monopolized but then lost it. PC's came and they said "it's a fad, we have TYPEwriters" AI came and they said "we have Watson, he plays chess" It has however been in an uptrend with the market. Retrace is now testing a key support fib at $163.30 If that one fails, we have a fallback fib at...
It seems that with risk management, you can enter a sell position with a target of $358 and a S.L of $432
Nifty today received some support from the bottom and some support from the interview of home Minister where he was seen very confident about forming a stable government as well as talking about investments in the share markets and how things will be in case they win (Which he was confident about. Nifty took support near 21821 and broke a negative trend line and...
Monthly Double Hidden Bullish Divergence possible, Weekly RSI is consolidating right on top the lower band, Daily Inverted Head and Sshoulders possible and Triple Classic BD going on, 4h CBD forming...
We have identified the purchasing area, which is considered strong support, and it is possible to buy from an area. We believe that the best areas to buy are 2323 & 2303.
Long EURJPY, 4H entry 165.360 - 165.090 sl 164.000 tp1 166.870 tp2 168.293 move sl to entry if price reach 166.158 OANDA:EURJPY
I'm opening a Long after a flush of yesterday making altcoins to drop around 20%. In my opinion, GMT is in an accumulation phase and A Spring event is on-going. Prices dropped to the weekly support and is bouncing. For these reasons, a Long set-up is proposed as in chart. Disclaimer: This analysis is based on my personnal views and is not a financial...
Pendle did not bounce on the 100 EMA like I expected, the token is now deep into the daily demand zone. For longer term minded people this is definitely a great buy zone. I did add the start of a weekly demand zone as the dashed red, this is my next target. We could stop here, for traders we look to a break of the down trending resistance line.
GBPNZD has been in downtrend and now it has reached a key level which can be new Resistance zone while previously it was a Support Zone. If price breaks the Lower Low then the Resistance area will be confirmed.
Here I have AUD/USD on the 1 Hr Chart! Tonight, we have seen Price make a drastic turn to the Upside back into this Descending Channel it was traveling in last week! With this False Break of the Falling Support, could we see the appearance of a BULL FLAG?!?! Now with a Bull Flag, we expect valid tests of both the Falling Resistance and Falling Support!! So far,...
Market Structure still bearish on HTFs Looking at the continuation of the downtrend move Waiting for price to break below the AOi and retest for an entry; My AOi is at a Daily Level Retest of the Weekly EMA Weekly Rejection at AOi Daily Rejection At AOi H4 EMA retest Candlestick rejection from AOi Potential Head and shoulder pattern Awaiting more confluences...
Trading Plan for Monday, May 13th, 2024 Market Sentiment: Bullish, but extremely overbought and due for a pullback. Traders are advised to exercise extreme caution and prioritize protecting gains over chasing further upside. Key Supports Immediate Supports: 5236 (major), 5225, 5213 (major) Major Supports: 5202-04 (major), 5186 (major), 5155 (major), 5112-15...
Market Structure Bearish on Multiply Time Frames Daily Broke Structure on Friday to the downside My Entry is potentially at the Daily AOi There is Weekly Rejection at this level Daily Rejection at this Level Daily Bearish Engulfing Previous Daily Structure point Around Psych Level 0.82500 H4 Candlestick Rejection Rejection from Previous structure SOS...