EURAUD - 24h expiry The medium term bias remains bearish. A higher correction is expected. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Preferred trade is to sell into rallies. We look to Sell at 1.6480 (stop at 1.6516) Our profit targets will be 1.6390 and 1.6370 Resistance: 1.6480 / 1.6510 /...
OANDA:GBPCHF have had a 3 month impressive run which has led to the breakout from key resistance level at 1.106 region, and currently on a major supply zone of 1.14600 Expecting a reversal at 1.4600 to test previous breakout zone 1.1000 Scenario 2: if by strength it moves higher, then 1.164 should send it back to 1.100 region. As this will cut across all CHF...
Crude oil prices opened lower on Monday. WTI crude oil prices were at $85.75 per barrel, down 1.05%. Brent crude oil prices were at $89.97 per barrel, down 1.32%. Oil prices retreated on signs of a possible ceasefire between Hamas and Israel. However, Iran's response to the Israeli attack on Tehran's consulate in Damascus remains a factor in rising oil prices,...
Closing above 22629 has ensured it is a cup and handle Break Out for Nifty. Now the only major hurdle remaining between another leg of bull run and consolidation is the resistance at 22701. Once 22701 is crossed next targets for Nifty will be 22803(Major Resistance), 22910, 23047 and 23220. If the breakout fails and Nifty is not able to cross 22701 swiftly the...
NYSE:KMX stuck at a crossroads! After a triple bottom tease and a failed retest of support, is CarMax finally ready to break free? We're hovering right at resistance now, but the 50 and 200 SMA are offering some serious bullish encouragement. Buckle up for a potential breakout towards $120 if bulls can muscle through!
Bitcoin has been on the rise, and I would like to share my Master Fib. This angled fibonacci structure encompasses the entirety of Bitcoin's history and can be used to help discover price action patterns, facilitating future trade decisions. The chart can be useful on both logarithmic and linear price scales. This idea highlights the fib structure on the log...
**Heads up, everyone! ( NASDAQ:TSLA ) just bounced off a critical support line dating back to 2020. Not only that, we're seeing a bullish double bottom forming and RSI divergence hinting at a potential trend reversal. ** **This bullish sentiment isn't just for Tesla. My TA on NYSE:KMX and NYSE:F are also showing strong buy signals. Could this be a sign of a...
Gold aligns perfectly with my analysis, and I will only select opportune market entry points to profit from shorting gold once again. Despite significant market volatility, my short-term trades continue to yield accurate profits. Currently, all trades have been profitable, maintaining a 100% signal accuracy rate. Congratulations to all my friends!
For educational purposes only, I believe the optimal demand zone is between 1500 to 1520. You can enter at this level on a 15-minute timeframe reversal candle. For those who are willing to take more risk, entry points could be between 1550 to 1570. The subsequent targets are 1583, 1607, and 1640, with the stop loss set at 1495. If you find my analysis useful,...
Keeping an eye on this chart and hoping to buy when home prices fall back down to the support line
For educational purposes only: Coforge appears favorable for a long position within the demand zone. You can consider buying in the entry zone, which is between 5500 to 5600, upon observing a reversal candle on a 15-minute time frame. The subsequent targets could be 5700, 5800, 5900, and 5980, with a stop loss at 5450. If you find my analysis helpful, please...
According to this chart it may be better to rent until home ownership becomes more affordable.
End of day update from us here at KOG: Following on from the KOG Report published yesterday, what a move on Gold, point to point, level to level, as we like it here at KOG. Early session straight into support giving the short, then the RIP which was expected straight into the order region, and to top it off, the RIP from the order region for the short. Pip...
A 5 year breakout in Sundaram Finance holding. Daily chart has too many gaps because of the continuous gap downs, Weekly chart shows good momentum is due and ahead in this stock. Buy around 135 and hold with your own Risk, Round bottom target for me and 175 in short term.
UBL witnessing a falling trendline breakout on the daily timeframe. Traders observing for potential continuation of bullish momentum following this breakout📈
TAKE-TWO INTERACTIVE SOFTWARE NASDAQ:TTWO - Feb. 28th, 2024 BUY/LONG ZONE (GREEN): $153.00 - $168.45 DO NOT TRADE/DNT ZONE (WHITE): $143.65 - $153.00 SELL/SHORT ZONE (RED): $133.00 - $143.65 Weekly: Bearish Daily: Bearish 4H: Bearish Currently in a DNT zone as it would be unfair to automatically wait for price to drop and then say it's a bearish area;...
📊 Key Insights: Consolidation Phase: KAS has been consolidating above $0.12, indicating a potential bottom formation. Higher Low Formation: Setting a higher low at $0.127 suggests a positive trend continuation. Trend Continuation: Expectations of a trend continuation to all-time highs (ATHs) if price gains acceptance above $0.16. Position Building Strategy: Watch...
LLY is looking really good here on the daily chart. It's been consolidating just below ATH on declining volume. It's been respecting the 20 EMA nicely, and MACD is about to flip bullish. definitely one to watch for a breakout.