Hello Traders and Investors, today I will take a look at Alibaba. -------- Explanation of my video analysis: Back in 2020 Alibaba stock created a textbook breakout of an ascending triangle formation which was followed by more continuation towards the upside. Then Alibaba stock topped out in 2021 and we saw a massive decline of -80% from the previous highs. At...
Hello Everyone, The USD/CAD is aligning with the bearish forecast as it continues to decline. Key support levels to monitor include 1.367683 and 1.357556. TradeWithTheTrend3344
maybe the price going to hit last bottom and maybe not. 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...
If you find this information inspiring/helpful, please consider a boost and follow! Looking for these paths to play out for clarity to play off of. Possible Elliott wave triangle here. A break down and reclaim is a nice conservative move I am looking to play. A break up impulsively, I would be watching for a retrace to play high. The target for the triangle may...
This is my long term Eth chart. Eth looks to be short term headed to next resistance at 6.6K and very likely near $20K area later this year. If it gets to $20K resistance, it's very possibly a good sell for a move back to to $4K.
Hello Everyone, The NZD/USD is currently making strides upwards, positioning itself favorably for a burgeoning long-term bullish sentiment! Key resistance levels to monitor include 0.601471, 0.596321, and 0.598682. TradeWithTheTrend3344
Nifty is making a higher high, higher low, pattern on Nifty. Which looks very promising and positive. For going further and higher and into unchartered territory Nifty needs to hold 22625 or at least 22547. These two points will work as great supports too. Below 22547 the next supports will be near 22483 and 22379. On the upper side the resistance levels seem to...
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.)
I've identified what I think are key support/resistance levels for Etsy. Should supports break, I've indicated where prices could go next/lower.
Hello Everyone, The AUD/USD pair appears to be heading towards the 1-year pivot point (1Y PP) and seems to have encountered support. While the bullish outlook is gradually gaining strength, resistance levels at 0.662833, 0.657289, and 0.661223 should be noted as potential barriers to upward movement. TradeWithTheTrend3344
price is testing 2309 resistance level on 15 min chart.if price break 2309 level it can be touch 2320 .on other hand if price rejected from 2309 its go to 2295 for support and if break 2295 level it can go to next support level at 2290.
Trading Plan for NYSE:ES and AMEX:SPY based on Downtrend and Key Levels Overall Market Context: We are currently in a confirmed downtrend for NYSE:ES and AMEX:SPY since their respective all-time highs. Major resistance sits at 5150, with major support at 5033 and 4965. Trading Strategies: Short Positions: Primary Entry: Look for bearish price action...
Hello Everyone, The USD/CHF is currently following a bearish trajectory. The long-term trend continues to be bearish and is anticipated to endure. TradeWithTheTrend3344
End of day update from us here at KOG: An extremely decent week so far with the FOMC play moving nearly pip to pip on the illustration. We've completed two gold targets below timely exiting with price giving us a tap and bounce from support leading us up to where we are now. For now, would look for support to hold up price and attempt to target the resistance...
Hello Everyone, The GBPUSD is steadily improving over time. What we're currently awaiting is a secure position above the 1-year pivot point to confirm additional bullish momentum. TradeWithTheTrend3344
Price broke strong trend ll, price 59112 accumulated stops are taken, next direction is upper liquidities, follow risk management, follow the system
💹 Let's delve into this cryptocurrency, ATOM, and review our previous position update. If there are new entry points, let's analyze the chart again. 🕰️ In higher time frames like the weekly, except for an event in September 2022, we're still oscillating within a box. Currently, there's no spot entry for buying, and it's better to wait without getting involved...
Hello Everyone, The USDJPY has experienced a notable decline recently, and now it's crucial to breach the robust support levels at 152.618 and 151.877 on the monthly and daily charts for the bearish trend to persist. Presently, we find ourselves comfortably below the monthly, weekly, and daily pivot points, suggesting favorable conditions for further bearish...