XAUUSD (GOLD) changed to bullish structure after closing above previous LH. Double bottom pattern 1st buy with strong bullish momentum candle at major key level 2nd buy at closing higher than the recent high
Few weeks have passed since I did my last Weekend Technical Analysis Fiesta. Seeing how the market finally saw some volatility, it's a perfect moment to do another. My short-term view on the markets BTC has fallen through the main bullish support which held the upward trend going all year. Considering we're coming out of a very long period of low volatility and...
Hey there, groovy Monday crew! 🌞🏄♂️ Time to dive headfirst into this market madness. You know the drill - Monday kicks off with its classic quick manipulation, just a tease before the real show starts on the Dollar Index (DXY). Smooth moves with dxy leading to that picture-perfect setup on EURUSD down to hell of course🚀 Now, let's chat about these levels,...
Waiting for #BIOLASE #BIOL #NDAQ #NASDAQ NOT INVESTMENT OR FINANCIAL Advice!
Ah, my esteemed colleagues of the financial surf, behold the captivating dance of the GU pair! We find ourselves gracefully navigating the oscillations between bullish and bearish distributions, like a true surfer riding the ever-changing waves of the market. With hopeful hearts, we yearn for a resounding rejection from the bullish domain while carefully gauging...
My short-term view on the markets: Bitcoin is looking bullish long-term. However, with the failure of breaking through 31,000 it becomes more likely for BTC to fall. The bottom dotted support line must hold to keep the long-term bullish trend intact. 🎉CRYPTO FIESTA🎉 Comment your favorite crypto below and I'll do my best to make an easy to understand...
The current trade setup for EUR/USD shows a bullish overall trend, while the short-term trend is bearish. Traders with a swing trading strategy might consider seeking long-term buying opportunities. It is crucial to emphasize the importance of employing effective risk management techniques throughout the trading process. Happy trading!
Conditions Meeting: 1) Strong Stock 2) 50% Retracement from All time high. 3) Panic Buying after huge gap down opening. 4) Currently Pharma and Medical Sectors are booming. Entry price range = 700 to 720 Stoploss Planning = Max Stoploss at 687 Profit Planning 1) Target 1 = Book 50% Qty at 1000 Price Level 2) Target 2 = Book 25% Qty at 1250 Price Level 3) Target...
In today's volatile market, an opportunity has emerged that demands attention. With a thorough analysis of the XAUUSD pair, it becomes evident that a long position is favorable. The following factors support this bullish stance and pave the way for potential gains. Safe-Haven Appeal: Gold, represented by XAU, has long been revered as a safe-haven asset during...
According to this chart we are riding the 8 and 20 day. Price bounced off of the 50 after the earnings sell off and broke out from a double bottom. If this plays out in a perfect world this will blow past 127 from the news run up. Not to mention everything AI is running and we are currently in an AI baby bubble. I would trade this carefully since it is making...
We see a strong Resistance Zone on a monthly chart frame. Let 10,042 break on a weekly chart with decent volume. Next resistance/target would be 12,000. Disclaimer :- I am not a SEBI Reg, Analayst. Please do your own analysis before trading/investing.
While waiting price to reach 1950.00 support level, running an order to buy... Minute after minute Hour after Hour Pips in the power...
The problem lies here in this consolidation zone. 15 minutes candle sustaining above this consolidation will lead NIFTY to 18770 (RSI is also neutral and I hope it will show strength as market breaks consolidation on upside). DISCLAIMER:- I am not a SEI Reg. analyst. Do your own research before investing or trading. Comment if you have any questions regarding this.
Friday… I do not like a very much trade on Monday & Friday…like as today… Technical analysis still holding & valid. Simply I do not like to keep open positions over weekend because of overnight charges & unpredictable beginning of Monday. Volume dropped already and market is already in “weekend mood”. No illusions here. I did exit break even at 1967.37 with a...
SL “clear up” for all impatient traders… I do believe , many of them do have a high blood pressure right now… I’m still waiting for entry like as planned…
Technical analysis: TP1 & TP2 was confirmed by technical analysis & lead to 2123 pips profit & 15%+ account increase. Purely in the theory do exist TP3 around 1978, but I seriously doubt it that it going happening today. Trying to follow TP3 would be totally based on gambling & alchemist rules… I do hope all of you had it good trades, time to relax…. :) Have a...
Hey Traders! 👋 For Day 23/100 of our challenge, we will look at USDJPY upside potential this week. Technicals: - 149 support rejected - 150 resistance breached - Now pulling back into 62% fib Invalidation area: 148.6 That's it for today! See you tomorrow!
Sometimes JPY just keeps getting weaker, bulls are enjoying a long way and more to go. We are looking for a buy in the demand zone where lies the imbalance to be filled. looking forward for 5R trade on this.