A potential swing trade in Finolex cables , a prominent figure in the cable manufacturing sector. Reasons are listed below : The stock bounced convincingly from the strong support level of 850, indicating solid buying interest at this price point. A hammer candlestick on the weekly timeframe signals a potential reversal, suggesting a shift from bearish...
Greetings Traders! Brief Description🖊️: Today, I am focusing on trading the US30, with an interest in taking a selling opportunity to reach the H4 bullish order block. Things I Have Seen👀: Liquidity Engineering🔄: Currently, price is engineering liquidity right above the H4 bullish order block using a retail pattern (support zone). Confirmation Buy Zone🟢: Once...
SUI Analysis and Signal on 4H 🔵Entry Zone 1.0369 - 1.0638 🔴SL 0.9673 🟢TP1 1.1397 🟢TP2 1.2670 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 👍 and...
💹 Let's kick off the new week by updating our analysis on this currency pair and reviewing our new entry points. FX:NZDCAD 📅 Weekly Time Frame: On the weekly time frame, this pair, like most others, is oscillating within long-term boxes without any specific trend other than ranging. 📆 Daily Time Frame: On the daily time frame, however, we are grappling...
Last week, the gold market witnessed a significant decline and seems likely to continue to correct this week. Gold prices opened the session stable at around 2,340 USD and remained stable in the early hours of the Asian trading session. Gold prices reached a record high of 2,450 USD/ounce early last week before the market reacted to news of the tragic accident...
Dear traders! As Ryder mentioned in last week's analysis, EUR is currently in a corrective recovery phase, receiving support at $2328. However, overcoming the $2375 resistance seems challenging and remains on target. Currently, XAUUSD is trading steadily below immediate resistance at $2355 and there are no signs of a reversal in the pair's trend yet. It seems...
ENA Analysis and Signal on 4H 🔵Entry Zone 0.952 - 0.916 🔴SL 1.0086 🟢TP1 0.8344 🟢TP2 0.7396 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 👍 and...
Dear traders! GU is trading around 1,274, showing little change from late last week as it entered a short-term consolidation phase. It completely convinced me to buy in the medium to long term as it completely confirmed the break of the falling channel resistance and the strong increase so far at. Personally, I still maintain and believe in a buy target towards...
The EUR/USD pair is trading in a local uptrend, which can be recognized by looking at the previous green 1W candle. On the 6H time frame, this pair is going down however the BB indicator is showing a sideways trend after expanding. Therefore, we are looking to buy a pair with the lower BB line acting as support. The next target is the 1.088 area.
Hello traders, hope you like this trading idea. In the coming days, I think we will likely see a short-term uptrend in EURUSD to the indicated level, so with a suitable trigger, we can open a long position. and finally tell me what do you think? Up or down? Leave your comments below. If this article is useful to you, please like and share with your friends. Thank.
As you can see in the chart, it seems like the price has completed the 3rd wave of wave 3 and is now getting ready for a bearish corrective move to form wave 4 of wave 3. During this bearish correction, we could expect the price to retrace all the way towards the static support zone. However, based on the three basic rules of Elliott Wave theory, wave 4 cannot...
Dear traders! USD/JPY remained on the weak side during the Asian session on Monday, weakened by recent cautious comments from BoJ policymakers and a broadly depreciated US dollar. The pair did not benefit from the modestly upbeat market mood as thin trading limited movement. In terms of medium and long term, I am personally still optimistic about the prospect of...
I think that GBPUSD has a nice potential to go up this week. I see a confirmed violation of a key daily resistance and a positive, bullish reaction to that after its retest. Next resistance is 1.278 ❤️Please, support my work with like, thank you!❤️
Dear friends! Gold is forming a bearish wave, after updating a new peak above 2450 USD to 2334 and closing below this level. In which Price is testing strong support amid changing sentiment, it is likely that we may witness a recovery but it is unlikely to last long as it approaches the resistance level of 2400 USD. Buyers are probably still weak amid corrections...
Dear traders! Today, world gold price closed at 2,334 USD/ounce, up 9 USD compared to the lowest price in last night's trading session of 2,325 USD/ounce. The precious metals recovery is underpinned by a pick-up in US manufacturing activity. Meanwhile, a recent poll by the University of Michigan (USA) shows that consumers have mixed expectations about the...
Hey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5260 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5260 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.64000 zone, EURAUD was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 1.64000 support and resistance area. Trade safe, Joe.
Affle India , a global technology company specializing in mobile advertising, is showing technical patterns that suggest a potential swing trading opportunity. Reasons are listed below : Ascending Triangle Pattern : The stock is forming an ascending triangle pattern, a bullish continuation pattern that indicates increasing demand and the potential for an...