Varroc Engineering presents a compelling case for a potential swing trade, backed by several key indicators. Reasons are listed below : After multiple tests, Varroc Engineering broke through the crucial 500 level and is now retesting it, indicating a potential shift in market sentiment. A doji candlestick formation on the weekly timeframe and a bullish...
Exxon Mobil with ticker XOM is back in the uptrend after a completed (A)-(B)-(C) irregular flat correction for wave 4. It's in strong rally away from projected support for wave 4, so wave 5 can be now in progress, which should be completed by a five-wave cycle of the lower degree. It can easily send the price towards all-time highs, just be aware of subwave (4)...
EURCHF is trading in a strong bullish trend on a daily. After the pair set a new higher high, it retraced to a solid rising trend line. Analyzing the reaction of the price to that, I spotted a double bottom pattern on a 4H time frame. With the release of CHF/EU fundamentals this morning, the pair successfully violated its neckline. We can expect a bullish...
OP is continuing to go down 🔵Entry Zone 3.386 - 3.295 🔴SL 3.6772 🟢TP1 3.0923 🟢TP2 2.7968 🟢TP3 2.4722 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...
LDO has broken below the support zone, it will continue to go lower 🔵Entry Zone 2.755 - 2.679 🔴SL 2.9709 🟢TP1 2.4522 🟢TP2 2.1710 🟢TP3 1.9937 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked...
XVS after the pullback will go lower 🔵Entry Zone 16.74 - 16.35 🔴SL 17.528 🟢TP1 14.610 🟢TP2 12.564 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes...
Strategic outlook on SOLUSDT: Today, SOLUSDT is currently consolidating around the range at high levels. currently at $196.92, marking a drop of nearly 2.68 on the day. Currently, any upside or downside breakout of SOL brings strong volatility. According to statistics, the strongest fluctuations occur after a false breakout. In general, at this time the market...
BTCUSD is consolidating above the 68,500 level but at the same time the triple top pattern has completed. Theoretically, the price will break the support level, which will constitute a false breakout. According to statistics, the strongest fluctuations occur after a false breakout. A breakout and consolidation below $68,500 could cause a sharp decline to the...
Hello dear friends, let's explore the GBO price after yesterday's major fluctuations! Regarding the developments and outcomes of the news: The GBP/USD pair maintained a positive increase near 1.2628, ending a two-day downward trend on Monday. The modest recovery of the major currency pair was supported by mild comments from Federal Reserve Chairman Jerome Powell....
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.88300 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88300 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.46050 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46050 support and resistance area. Trade safe, Joe.
Hello dear traders! Overall, EURUSD experienced a significant pullback the previous day with the price falling past the 1.0800 level. As can be seen, it closed the weekly candle low around 1.0789, after hitting 1.0785, marking a 0.03% gain on the day. This is not only a signal of a change in market sentiment but also a strong sign of downward pressure on...
XAUUSD This Week: Uptrend Continued or Is a Correction Coming? Faced with the challenging question of XAUUSD's direction this week, we see that gold prices are maintaining a notable bullish streak, reaching $2257 in the early trading hours of the week. Geopolitical risks still exist and will continue to increase as the US Presidential election approaches. When...
Hello dear friends, Let's discuss our new strategy! As RalphBenjamin mentioned in last week's analysis, EUR is currently in a corrective recovery phase, receiving support at 1.055. However, overcoming the 1,080 resistance looks challenging and remains on target. It seems that the downtrend has officially returned after last week's sideways movement. According...
Overview Google ( NASDAQ:GOOGL ) is in the dangerous territory of a double top formation. I've discovered this same macro-pattern with a few other assets as well. In combination with a rise in long-term Treasury Yield Curve rates since December 2023, I think a rush of selling pressure could be around the corner. Technical Analysis Utilizing Fibonacci...
Technical Analysis: Incorporate key trading indicators such as the double line resistance breakout, pullback support, and demand zone analysis to assess price movements in the US Oil market. Identify channels and trendlines to spot potential breakout or breakdown points, confirming with volume and momentum indicators like relative strength index (RSI) and moving...
Hey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.71200 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.71200 support and resistance area. Trade safe, Joe.
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About JUP (Update) The Symmetrical Triangle Has Breakout In 6H Timeframe✅ Hope To Move Towards The Destination Of Success Soon✍️