As anticipated, gold is currently making a correction after price fell from 2032 to 1986. It broke the support around 2015 which is expected to be retested. The chart indicates that the gold market is at a key level, facing resistance near the $2015 mark. If gold sustains above this level, it could indicate a bullish breakout, potentially targeting the next...
📊 Market Sentiment: Neutral to Bearish OPEX Day = High Volatility Things could go either way today, so exercise extreme caution. I do not trade on OPEX days. The last hour of the trading session will be a determining factor on where we're headed next week. Stock Market Outlook: Earnings Growth Expectations: Wall Street's anticipation of double-digit...
The market leader has corrected to fall at long term trendline support. Keep this in the list to be studied. Note: This, like all other posts, is not a buy/sell call. It aims at spreading awareness and anybody making a financial commitment has himself/herself to credit for gains and blame for losses involved. #BajajFinance #BAJFINANCE #NSE #nseindia # bseindia
NZDCAD Buy at HL (also 0.786 FIB , trendline support intact) SL , TP mention in chart
EURNZD Short at LH (also 0.618 FIB , trendline resistance intact) SL , TP mention in chart
Puts or Sell short at $37.90. Buy to Cover $37.78 or lower.
- A Bearish Trend forming its next LH and will continue to go down. - You can put sell at fib 38% level but it's always nice to confirm the trend going down by setting stop order. - Beware of the USD news, you can take trade after the news. Sell Stop Order EP: 0.87790 SL: 0.88248 TP: 0.87337
i see a potential drop in bitcoin over the next few weeks. major downtrend and break of minor uptrend.
No trade idea just yet, but keep a close eye on IMP for a potential long once that trendline breaks.
FX:EURJPY is realizing the potential of rebound from support and forms a retest of resistance. At the moment consolidation is forming above the level, which increases chances for further growth. Globally, the currency pair continues to form a strong bullish trend, having left the previously formed ascending channel, which is currently a strong support area....
After breaking the weekly trendline and resistance area of 0.9500, we expect a move towards higher numbers. We can also have a pullback to confirm the trendline, in which case we can expect a 200% move on the weekly timeframe. This is my analysis, your profit and loss is your own responsibility. GoodLuck
Tuesday was the 8:30am news release that sent shockwaves to short term scalpers as the bottom fell out @ 2011.50. What's surprising is, the amount of 'high-impact' news that was released was less than Thursday 15th but yet, the market was able to move more violently. What this shows is, it docent matter if a day is packed with news, it does not confirm 100% high...
GBPCHF is trading in a bullish trend. The price recently broke and closed above a key horizontal resistance. The broken structure turned into a solid support. We may expect a pullback from the broken structure. I see a bullish breakout of a resistance line of a falling channel on an hourly time frame as a confirmation. Initial target - 1.113 ❤️Please,...
Orion Protocol (ORN) has caught my attention as a potential trade opportunity. It offers several compelling reasons to consider it as a promising investment. With its low market cap, listing on major exchanges like Coinbase and Binance, and a user-friendly exchange platform of its own, ORN appears to have great potential. In this analysis, I'll share why I believe...
Looking at a 1 Hour SHORT position. MACD just crossed as it leaves a third point on a downward trend line.
On this trendline setup, it seems like UJ is retesting well; nevertheless, I want to be cautious that it pulls back even more before making the move down. It is possible that it will take some time before a sell is a smart choice since there is more resistance up higher. I am going to exercise patience and wait to see what transpires. It goes without saying that I...
Update on the chart. Had a scare since the last chart when the stock hit the zone at $2.50 and fell sharply but it did not exit the channel. Price bounced off the bottom of the channel and headed back up. I noticed possibly another/different channel possibility(charted with orange lines and no fill color) that could indicate a reversal. It was weak with only...
on the 15- minute gaining 4.6% in the Monday trading. The chart shows price crossing through the high volume area from underneath it on Tuesday Feb 6th the breaking out from the upper boundary with a retest the following two mornings and then separation from the high volume area after that. Trading volumes have been consistent and constant with spikes after...