I wanted to share with you my trend analysis for Axis Bank's current trading situation on TradingView. From my analysis, it appears that the stock is approaching a key support area, which could present a potential opportunity for a long position. As you can see from the chart, AXIS Bank has been in a generally upward trend over the past few months, but it...
Gold looks generally bullish. However, I see an attempt by the bears to end the bullish run. The bullish flag seen here also calls for caution to be a bit more patient with Gold and get validation to sell or buy. Usually best to wait for Bullish Flag failure before attempting to sell. Or wait for breakout above 1914.695 before attempting to buy. Great caution...
So I went short last night at 3961 believing that the late day surge was illogical. In fact, I didn't go on a tangent in the video, but many news articles said "Inflation is cooling and markets are surging". That is a downright lie, and why you need to understand Economic Data and find things yourself. CPI INCREASED from .4% to .5%, which isn't a major jump, but...
We had already broken an uptrend from around $3,200 to the present in September 2022. The price, which has tried to break this trend as resistance many times, has failed every time. What will happen now seems uncertain. If we can successfully move the price above the trend, maybe we have confirmation of the bull season. But until then, it's good to be very, very careful.
It seems that an H&S formation is forming. With a confirmed breakout, a short position can be tried up to around $22,300.
Hy dear Members. Hope you all are enjoying our ideas and analysis. We are here to update about FILUSDT. FILUSDT is in dip and try for a big bullish wave. From this level it has maximum Chances we can see price around 24$. Keep in touch we will update further soon
U.S. stocks are rising after inflation data fuels hopes on lower rate hikes , and Jerome Powell said that interest will increase progressively , and high timeframes indicate the overbought signal , so for my opinion the gold metal will get back to 1866 .
Biden emphasizes US banking system is safe after Silicon Valley Bank collapse , while regional bank stocks have been hammered throughout the day, there’s also some cautious optimism that their efforts are having an effect as Wall Street firms , so that will push a little us30 upper .
So, after crushing a $5000+ day yesterday I will unlikely trade into the CPI data this morning. Ultimately the market environment could certainly take us lower, but the market analysis says we have to go higher. Likely the cause of a massive volume day yesterday at nearly 3.5 million. Although, we are around 25 points higher this morning so far, so we could head...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for NZDCAD . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:GOOGL Hi guys, So this is my analysis for GOOGL . Please bear in mind that this is a long term analysis and it could take time to play out. As you can see GOOGL was in a clear Uptrend (Higher Highs, Higher Lows). We created ATH in November 2021 and since then price tried to break that level in January 2022 but that attempt to break it was not...
AUD vs USD is in a bullish trend. Taking a precise entry can make you profitable.
When we look at the picture from afar, we see that it is significant that the channels with a falling layer structure keep the price in balance. We have arrived at the final stop of a major layered channel structure in which the current consolidation phase is in.
Hello traders! In my opinion, in medium term this pair is sell. Targets: Sell 1880.00 ; 1840.00 Be careful and wait for a confirmation! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
After the silicon valley collapse , dollar index goes down to 103$ levels , and the gold metal takes the high to 1914 and expected to reach 1918 . So my opinion the gold have reached the overbought on high timeframes , so the gold metal should do a retest to the Friday closed zone and after that we will look at the next point .
Hy dear Members hope you all are enjoying our ideas and analysis. Now we are here to discuss about NAS100. NAS100 has completed Retesting after breaking the falling Wedge Pattern. Now it has maximum Chances we can see price around 15000. As this is weekly chart so we can see small Retesting. Keep in touch we will update further soon.
Tomorrow we have expectation to be lower data for the CPI number that will create Long position sizes. we expect that the support zone be consolidated and then we see break to higher levels.
So on Friday I went Long at the close of the day into the weekend. That netted a $2500 trade right away when things opened up into Sunday evening. I cashed out on that, and was pleasantly surprised to see all those gains given up overnight. I then went Long again when we briefly went into negative territory at 3894, and moved up with it slowly, where I was...