In on this on LTF expecting more push to the upside to resistance this week? Holding to 38.2 on FIb extension. Curious to know your thoughts on this.
Hey traders, NZDJPY broke and closed below a major wide demand cluster on a daily. The broken structure 83.8 - 85.0 turned into resistance now. It looks like the pair is quite oversold at the moment. The market will most likely retrace to the underlined area and a bearish wave will initiate then. Goal will be a rising trend line, matching the last higher...
NZDCAD reached a key weekly structure last week. The price formed a double top pattern on a daily and broke its neckline then this week. Such a setup is a classic example of a bearish reversal. I believe that the market will drop at least to 84.2 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
NZDJPY broke and closed below a major demand cluster: 83.8 - 85.0 area turned into resistance now. I believe that the pair will keep falling. Next goal for sellers - major rising trend line. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Based off WTF are we expecting a drop on GOLD?? What are your thoughts
Tesla (TSLA) has an RSI below 30, has fallen 30% in the last month and is approaching a major technical gap fill at $137.00. This gives technical traders a potential opportunity for a swing trade long. Note: This is not financial advice, consult your financial advisor.
NSE: INDIGO is closing with a strong bullish consolidation candle supported with volumes Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days which is indicating demand. One can look for a 8% to 11% gain on deployed capital in...
NZDCHF reached a solid key level at the beginning of December. The price formed a double top pattern on that and broke a support line of a rising channel then. I think that bears may push the pair lower. Next goal - 0.585 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️ [/b
Last week price was met with a strong reaction at 0.6500, an important level for KIWI. Last time price traded at this level was in August after which a 900 pip move to the downside followed and a bottom was later found in October around 0.5500. Since then, buyers have been in charge and have brought prices back to 0.6500. For the first time since October we have...
From the last update a week ago price was wedged between support and resistance below 1800. On Tuesday we then saw price spike to the upside triggering buy orders as well as taking out any stop losses above the zone. Price consolidated above the 1800 zone until Thursday enticing even more buyers to go long. A strong reversal then came on Thursday which saw prices...
This is a fantastic example of a topping tail on the IBM chart. Note the topping tail is 1. at the highs of recent history, 2. The tail (wick) is 50% or greater of the entire candle length, 3. The body is 50% or less of the entire candle length and 4. the close is in the bottom 25% of the candle. Note the 50% retrace the next day giving a great short entry and...
🖥️ We have determined there is a 60% chance Bitcoin will Fall from our current entry point. 📉 SHORT - BTC : $17,180 📉 💵 Length of trade: we are expecting BTC to hit a $150 scalp, with a high end of $300, and a minimum expectation of $150. 🕰️ Duration of trade: we are expecting this to occur within 1.5 hours - 4 hours. Then we see a maximum duration of 14...
NSE: LICHSGFIN is closing with a strong bullish consolidation breakout candle supported with volumes Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days which is indicating demand. One can look for a 8% to 11% gain on deployed...
NSE: NAUKRI is closing with a strong bullish consolidation breakout candle supported with volumes Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days which is indicating demand. One can look for a 8% to 11% gain on deployed...
Long didn't go as high as expected, SPY breaking below the trendline. Waiting for retracement into OTE 0.618 fib
NZDJPY is trading in a long-term bullish trend. Since February, however, the price is stuck on 87.0 - 88.0 structure resistance. To catch a bullish wave, wait for its breakout. We need a weekly candle close above that to confirm the violation. A bullish continuation will be expected to 91.3 level then. ❤️If you have any questions, please, ask me in the...
The structure is very bullish in falling market the stock was very strong, today it has given a breakout of a pattern. with small Stop loss we can trade this setup.