We are in the middle of a bulls rally. But still in bearish territory. The 510 level is going to be very intense to watch. If the bulls manage to break up and consolidates above 510 bears are dead. I'm not shorting anything yet. I'm just sitting and looking at my long positions.
Resistance Zone And Support For EURNZD Is Showed In Chart
ENGINERSIN formed a descending broadening wedge on daily chart. Price broke out of resistance line today with strong volume. Price close high indicating bulls are out there. Note the volume when price falls as it stays below average line indicating sellers are not willing to sell at lower price. This is also confirmed by volume hike when price is moving high....
Hi Traders ! On Friday 19 April, The AUDCAD Reached The Support Level (0.88012 - 0.88194). The Price Broke The Last Lower High (Choch). So, I Predict a Bullish Move 📈. ------------- TARGET: 0.89430🎯
Major trend. This idea is a continuation of a closed idea on this pampa coin published 1.5 years ago before a series of significant pumping (in a bear market) in the process of forming a channel with a wide range. PUNDIX/USDT Major trend. Downtrend channel. Pivot zone The main trend is a descending channel. Now the volatility is narrowing under the descending...
Follow-up to my previous 5137 Top Call (click). Markets appear to be retracing finally. This could be just the start of correction. Minimum next leg depicted goes to 4900-ish. $ 5109-5137 is major resistance that may be retested. $ 5044-5049 a minor support that will hopefully bounce. $ 4896-4924 is next major support and BEST GUESS...
Keep an eye on $NQ_F it's leading the reversal and is at better Resistance. Intermediate Neutral-Bearish
Long-term target based on the latest BoJ interest rate hike and signs of a positive outlook for Japan's economy. Technically the pair is scraping around .618 FIBO level which is 195ish - there's still some room to hit the level. 1st target = 170 (0.382 FIB) 2nd target = 160 (156-157 - resistance/support of the past price action).
Technical Analysis for NASDAQ:MU (Micron Technology Inc.) Weekly Chart Analysis: - The weekly chart indicates a strong bullish trend, resembling a "bullet train," with prices consistently above the five exponential moving average (EMA). - Bullish momentum appears to be continuing, with the price hovering near a key support level at 106. Daily Chart Analysis: -...
A very risky trade, there is a high chance of eating a stop loss
Today, Saturday, it is better not to open a position, but if you really want, you can break the short position under the support of 63636, which I will not open again. It entered with very little reset. Also, you need to quickly save on your profits and reach at least R2
Trading Plan for Friday, April 26th, 2024 Market Sentiment: Uncertain, with bulls maintaining short-term control but facing the after-hours earnings event, which could bring sudden volatility. Key Supports Immediate Supports: 5067, 5058 (major), 5048 Major Supports: 5036-33 (major), 5010 (major), 4996-5000 (major), 4935-40 (major), 4904-08 (major) Key...
HUDCO formed an ascending triangle pattern on daily chart. With multiple support and resistance level tested. Price has been consolidating for some time now. Price broke out of resistance today with high volume indicating bulls are out there to drive the price higher. However, wait for the next candle to close above breakout candle high. This would give us some...
If you find this information inspiring/helpful, please consider a boost and follow! Watching these paths if we continue down and break 3071 impulsively.
Walmart broke out to record highs in February. Now, after a pullback, some traders may expect further upside. The first pattern on today’s chart is the falling trendline that began in late March. WMT pushed against it this week and closed above it yesterday. Some traders may consider that evidence of a breakout. Second is the April 2 low of $58.88. The retail...
This is my Setup to go LONG on XPTUSD . Market is bullish and given a CHoCH on 1 hour time-frame so we expect market to mitigate our extreme POI in this case and then continue move upward. Traders may look for LTF confirmation on 5 mins for entry.
Hope everyone liked the previous idea which hit full tp for a RRR of 17.5. This one is quite harder for a RRR of 20:1. Let me know if you agree or not with possible EURUSD up movement.
FR40EUR - Intraday Indecisive price action has resulted in sideways congestion on the intraday chart. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a buy from current levels. A move through 8100 will confirm the bullish momentum. The measured move target is 8150. We look to Buy at 8025 (stop at 7975) Our...