Silver is looking very interesting here. In my opinion, 26.60 (yellow downtrend) needs to be broken for a continued move higher. Should this play out, upside targets are 28.30 and 30.00 Stop loss on this trade would be a close below 25.
XLU Potential Breakout Analysis AMEX:XLU is indicating a potential breakout based on technical analysis, suggesting an opportune moment to consider exploring the utilities sector. Why Utilities Sector? The utilities sector is recognized for its defensive characteristics and stable performance, making it an appealing choice for investors seeking a haven during...
XLP Potential Breakout Analysis AMEX:XLP is showing signs of a potential breakout based on technical analysis. This could present a favorable opportunity to consider investing in the Consumer Staples sector. Why Consumer Staples Sector? The Consumer Staples sector is known for its stability and resilience during market fluctuations, making it an attractive...
VeChain is moving in the direction we anticipated, heading downwards. Of course, we'd be pleased with a continued parabolic rise since we have two open entries that have performed exceptionally well, with our stop-loss significantly moved up. Thus, we've already taken profits, securing a good position, but we aim to build a larger position in the overarching...
Hello to all our subscribers. Please share your personal opinions in the comments. We kindly ask for your support through likes and subscriptions. With the outlook strengthening for steady growth in the US economy and concerns rising over the moderation of inflation due to the increase in international oil prices, there is growing worry that the timing of the...
BRETT, the top memecoin in the Base ecosystem, looks ready for a second leg up after bouncing from area of confluence between R/S flip and daily FVG and also breaking out the short-term bearish structure.
white line broken we have possible triangle pattern in blue lines silver made bottom ahead of gold for fed pivot you can say silver is light year head of fed decision for next fed fomc watch if breakout sustain or fakeout
Today’s gold trading situation is as follows: 1.Xauusd: @2256-2258 Sell, SL:2266, profit and loss: -4000 2.Xauusd: @2263-2265 Sell, TP:2255 Profit and loss: +5532 3.Xauusd: @2273-2275 Sell, TP:2255 Profit and loss: +7184 4.Xauusd: @2276-2278 Sell, TP:2255 Profit and loss: +8520 In gold trading today, although one of them touched SL: 2266 resulting in a loss of...
Gold prices hit new highs for a third consecutive session on Tuesday, as demand from momentum-tracking funds effectively offset pressure from a stronger dollar and the possibility of higher U.S. interest rates in the longer term. Gold prices continued to climb on Tuesday despite a stronger dollar. It had previously hit a record high of $2,266.81 per ounce. This...
Today’s gold trading situation is as follows: 1.Xauusd: @2256-2258 Sell, SL:2266 Loss: -4000 2.Xauusd: @2263-2265 Sell, TP:2255 Profit: +5532 3.Xauusd: @2273-2275 Sell, TP:2255 Profit: +7184 4.Xauusd: @2276-2278 Sell, TP:2255 Profit: +8520 In today's gold transaction, although one of them touched SL: 2266, resulting in a loss of 4K, overall, I...
Looking to long CHFJPY. Pretty heavy fundamental week, and CHFJPY is not directly involved with the fundamentals taking place, therefore it is an appealing option to me for trades this week. Entry- 165.870 SL- 40 pips TP- 120 pips Confluences: 61.8% Fibonacci Trendline 3rd touch Intra Key Level "Money is made by sitting, not trading" ~ Jesse...
The GBPNZD experienced a sudden decrease in value today, breaking and closing below the neckline of a descending triangle formation on the 4-hour time frame with a strong bearish candle. The next support level appears to be at 2.1000, which is likely the target for sellers. To enter the market, it may be worth considering a retest of the broken triangle neckline.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Triangle variant, no triangle train tunnel vision, though. This would be ideal from here. Looking for a W(4) here to match (2). NGL and say this doesn't look impulsive.
MCD lives on people liking what they eat and eating a lot of it. The Happy Meal is famous. into the business model comes the new wave biologics for obesity and diabetes. the shots that cut down the weight and the food addiction. Insurance companies are jumping on the bandwagon. 1/3 of the people eat half the food. Increasingly, those people are...
Price broke the area of 151.582 and it’s set to drop massively. A sell opportunity is envisaged from the current market price. Target - 151.000
FX:XAUUSD is still very strong. The price does not react to the news properly, only as a short-term reaction. The market is quickly buying back the decline and testing resistance. Buying potential is quite strong, the probable area of the first stop could be the zone 2300-2325. On H1, an intermediate sideways range is formed after a false breakdown of channel...
Revealing Market Trends: Logarithmic Regression Analysis Indicates Bullish Path for SPY In the ever-evolving realm of financial analysis, the search for reliable predictions remains ongoing. Logarithmic scale regression analysis, coupled with potent indicators, has emerged as a promising tool for discerning trends, particularly regarding assets like the...
In this video, I follow up on the trend line exercise I introduced in the last post. The exercise is designed so that you can learn about markets and price flow in your own experience. There is beauty and harmony in each chart that shows the footprints of the buyers and sellers. To most people, the price action on a chart looks chaotic. It's not chaotic, you need...