XAU/USD 1H - As you can see this market has given us some good signs of a potential bear run with the recent move that has seen price trade us to the downside. Now in order for us to the have the confirmation that price is in fact ready to take a move to the downside longer term, we need to see price break the last protected low. Once price has broken the last...
AU200AUD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 7800 will confirm the bullish momentum. The measured move...
In the 4H time, after a zigzag correction to the $6 range, it has been within a trading channel for some time. 💎 In time 1D, an FVG gap is observed. Therefore, if this return to the minor ceiling is supported by the green box, it can have a growth to fill this gap in the first step. 💎 In addition, in the case of strong momentum, this growth can be extended to the...
It looks like Nifty can create a U formation if the resistances at 22632 is cleared and we get a proper closing above it. However for perfect U-formation the Nifty will have to cross other resistances at 22693, 22734, 22768 and finally 22794. In case we do not get a closing above 22632 and Nifty returns the supports for Nifty will be at 22536, 22484 and 22445....
The AUDUSD pair has broken through both the rising support trend line and the neckline of a double top pattern on the 4-hour chart. Following a test of a significant horizontal resistance level. As a result, we may anticipate a retracement from this level, potentially falling back to around 0.6564.
Buy now or above the 279 upto you and enjoy the levels SL at 245. Multiple inside bars on the weekly time frame. Breakout above 279. I am not the best analyst like the other social media experts. I am just a beginner and self investor. Please DYOR
Trading Plan for Wednesday, May 22nd, 2024 Market Sentiment: Bullish, consolidating within a tight range. Expecting a breakout, but with heightened anticipation due to Nvidia's upcoming earnings after the bell. Important Note: Nvidia earnings after the bell could significantly impact market direction and volatility. Be prepared for potentially large,...
NVDA in a BBOC pattern under a serious resistance BBOC pattern = "Birthday Balloon On Ceiling" (joke). Point being that the earnings report might deflate it. I think it will break and continue after earnings. But IF there is to be a top anywhere NEAR here, then THIS would is a perfect place and time for it. $ 944.39 - 952.16 is the immediate resistance. $ 894.22...
This is getting interesting. Looks like a breakdown a very bearish. But if the weekly candle closes up within the triangle that would be a bear trap. And it would be very possible that bulls try to break up the triangle. Let's see how the week closes and next week I'll have more clarity on what to do next.
US30 Technical analysis in this Analysis we can see some sell level which I shared, watch it carefully and follow price action.
A recent bullish violation of a key daily resistance on EURJPY makes me think that it has a nice potential to go up again. The broken structure now turned into support. The price may reach 171.0 level soon. ❤️Please, support my work with like, thank you!❤️
Gold dropped suddenly today after FOMC. Here is my latest structure analysis and important key levels to watch. Vertical Structures Vertical Support 1: Falling trend line Vertical Support 2: Falling trend line Horizontal Structures Resistance 1: 2426 - 2450 area Support 1: 2360 - 2376 area Support 2: 2323 - 2336 area Support 3: 2303 - 2308 area Support 4:...
Today's session marks the beginning of the second up-wave in soybeans. The ultimate target seems to be around the 1305–1310 level. This move begins now and may possibly extend to the end of June or early July. A wide stop is recommended to allow the trade to play out. A close beyond 1189 would nullify this trade, and losses should thus be taken. Stay tuned for updates.
Today's session marks the beginning of the second down-wave in lean hogs. The ultimate target seems to be around the 0.8300 level. This move begins now and may possibly extend to end of June or early July. The stop loss should be around the 0.92 level. Stay tuned for updates.
FX:XAUUSD is stopping and forming a consolidation between 2400-2450, but at the moment the consolidation resembles a descending triangle. What's going on? The price breaks the local ascending support line in the correction phase, which makes traders panic (some start selling, others start actively buying). But the candlestick setup suggests that the buyer is...
I think this cycle can reach 3 Target 135,000 has arrived When everyone is talking about heavy shedding, move with the whales' wallet TURBOUSDT BTCUSDT
Reasons for bullish bias: - Price broke All time high - Strong resistance breakout - Accumulation phase breakout - Strong weekly closing - Positive Earnings Here are the recommended trading levels: Entry Level(CMP): 188.18 Stop Loss Level: 176.92 Take Profit Level 1: 199.44 Take Profit Level 2: 214.95 Take Profit Level 3: Open
Part of my ongoing analysis, see links below. We are retracing as expected, Bulls look to be tired for now. Early plot suggest three targets. $ 2315/16 "Speed Bump" needs to slow the drop. $ 2401.37 - 2403.55 is the "Minimum Expected". $ 2391.36 - 2391-91 is the "Best Guess" target. $ 2382.46 - 2383.83 is the "Worst Case" target. . Big Picture plot looking...