Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected. So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time. Last week we stated we...
Hey Everyone, Last week we stated that after completing all our long range targets, we were seeing price break out of the ascending channel. However we needed to see ema5 cross outside the channel to establish another bullish run above. The Bullish momentum last week helped clear some of our extended long range targets- BOOOM!! We also need to keep in mind the...
Forecast: Start of Bearish Trend (Daily) Invalidation Level: 5281.7 Only sell when the price is close to these levels: 5151.3; 5281.7.
Forecast: Start of Bullish Trend (Daily) Invalidation Level: 1.580 Only buy when the price is close to these levels: 1.745; 2.026 (R/S);
Forecast: Return to Bullish Trend (Daily) Invalidation Level: 2087.889 Only buy when the price is close to these levels: 2330.901; 2268.223; 2145.037.
DXY projection recommends a push through to sweep 110 ... haha folks .. sit tight and anticipate the moves .follow for more insights , comment your opinions and boost the idea buddy...as dxy flies ✨ THANKS
Hey Everyone, What a fantastic finish to the week!!!!! Yesterday we shared our completed 1H chart idea update and today we completed our 4H chart idea. We started the week with our first bullish target hit at 2348 on this chart. Followed with the lock confirmation opening 2367 and then completing the first range. We then had the ema5 lock above 2367 opening...
The Japanese yen has hit its weakest level against the US dollar since 1990, trading at 153.24 per dollar on April 10. This signals significant downward pressure that has prompted Japanese financial authorities to officially warn of possible intervention. Even though Japan's central bank switched interest rates from negative in March, the currency continues to...
Hey Everyone, Another PIPTASTIC day on the chart for us today!!!! After completing all our Bullish targets earlier this week, we stated yesterday that failure to lock below 2338 and 2324 will establish support above this range for another retest at the levels above. - 2324 Goldturn held as support confirmed with our algo for the bounce and BOOOOM straight to...
The allure of the markets is undeniable. Charts dance across the screen, promising riches for those who can decipher their secrets. But amidst the flashing indicators and exhilarating wins, a forgotten weapon often lies dormant: **patience**. Imagine yourself as a skilled sniper in the financial jungle. Your prey? Lucrative trades. But unlike the movies, a hail...
Australian consumer inflation expectations increased in April Australian consumer inflation expectations for April: 4.6% Previous: 4.3% The RBA will not want to see inflation expectations become out of control.
Gold has pulled back a bit in today's Tuesday trading session as it looks like we will continue to try to get higher. Regardless, I think this is a slightly stressed market and it might be worth noting that the relative strength index is well above the 70 level. All in all, I think the $2,200 level below would be an excellent support barrier similar to the 50-day...
Hey Everyone, Yesterday we hit the 2364 target completing this chart idea. This followed with the rejection into 2338 and 2324, as no further lock above 2364, which is a good area of weighted support providing plenty of bounces inline with our plans to buy dips. If this level holds we are likely see another attempt at the levels above for a test should 2324 now...
The Japanese yen weakened barely on Tuesday, with USDJPY now lower back toward 152 - its maximum stage in view that 1990. The yen`s weak spot comes whilst Japanese officers time and again warn that they'll reply correctly to hypothesis in opposition to the yen. However, promoting momentum piled at the yen, specially withinside the face of better longer-dated US...
Hey Everyone, Another Piptastic day with our chart idea completed with our final target at 2364 HIT. Once again you can see how well our levels were respected in a range where no one has any existing levels to go by, but our averaged levels are being respected to perfection like magic!!! After yesterdays rejection into 2324, where price found support, as...
Hello traders, I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Wish you many pips Good luck
Short Term Trading Advice by Naranj Capital Buy Dominos Pizza ● Buy Range- 494 - 500 ● Target- 525 - 530 ● StopLoss- 480 ● Potential Return- 5-6% ● Duration- 14-15 Trading Days
Short Term Trading Advice by Naranj Capital Buy StoneCo ● Buy Range- 17.1 - 17.5 ● Target- 18.6 - 19 ● StopLoss- 16.2 ● Potential Return- 7-9% ● Duration- 9-10 Trading Days