Here is quite visible how tesla tested its support recently. As it had been mentioned on a previous idea, this level has become a critical one for short term price action. However, seeing price swing up in this manner and then finding support in the 2 moving averages, I find it hard to believe price will drop back to test the structure. If structure is broken,...
1. Trend Bullish 2. Set up: Breakout failure & reversal 3. RR is lucrative with 1:10+ 4. With false breakout all SL has been collected, chances are price will push higher
NFLX is starting to flag and tighten above previous highs. Basic resistance turned support flip, plus our premium indicator is printing bullish continuation.
💵GOLD PRICE AND ECONOMIC INFORMATION Gold held steady above the $2,300 per ounce mark on Friday, on track for its first weekly gain in four weeks after falling over 1% in the previous session, as investors assessed softer-than-anticipated US inflation figures against the Federal Reserve’s updated interest rate projections. Thursday's data showed that the US PPI...
Look at the GBPUSD chart to find entry opportunities that are supported by several advantages supporting the setup. I saw that after the increase GBPUSD tried to retest its demand zone. This will support the Buy setup with some supporting data if the price: 1. Trend is still bullish. 2. Price enters the RBR demand zone 3. In the demand zone there is...
Investors will focus on updated economic projections from the central bank, which are expected to show fewer rate cuts than policymakers previously anticipated. Markets now see only one rate reduction from the Fed this year in light of stronger-Gold prices eased toward $2,310 an ounce on Wednesday, hovering close to one-month lows as caution prevailed ahead of key...
Gold prices fell near $2,300 per ounce on Tuesday, hovering at one-month lows, as investors wait for US inflation data and the Federal Reserve's policy announcement later in the week. Traders will closely monitor for cues on when the Fed might begin reducing rates, in light of a stronger-than-expected payroll report last Friday. 🔴SELL GOLD: 2320 - 2322, SL:...
1. Trend: Bullish 2. Set up: Reversal 3. RR: 1:8+ 4. Perfect reversal from the support trend line. 5. Big rounding bottom breakout is expected this time and 166% TP may get hit
Our market structure indicator is showing a new bullish trend on STX after a 50% pullback. One of the better looking altcoin setups in the market.
GBP/USD Short Weekly because it failed the previous week up trend test, Short until evidence of reversal on daily.
For those eyeing AUDUSD, here's my take: While some might be tempted to buy, anticipating a retracement (UP) due to the recent price action, I'm not focused on buying opportunities. Instead, I have more strategic shorting setups in mind. 4-Hourly Chart: - Resistance Levels : Waiting for a retest at 0.6638 or a retest of the channel for shorting...
Based on current trends and analysis, I forecast that XAU/USD will reach a new all-time high (ATH) this week at the earliest and next week at the latest. Therefore, we should consider taking a Long/Buy Action in the market. Here are the key insights: Reversal: There was a strong rejection at the 2291 area after experiencing a strong rejection at 2393. This is...
see and watch :) Hamster :) Looks like it's ready for something big... don't forget it's a hamster :)
This is my Long Term Analysis _ "Alibaba". Downtrend is Breakout in monthly time frame and retested. So, from now on, the market will move to a Bullish Trend. And 1st Target is 0.5 Fibonacci Retracement (134), 2nd Target is (308). I want to help people to Make Profit all over the "World".
1. Trade: Breakout 2. Trend: Sideways to bullish 3. Strength: super strong
In this chart price action I have marked out where previous types of liquidity existed. At the left you can see there was an uptrend but this uptrend had no factors showing LOW liquidity. Only strong high liquidity. Using the rules below you can mark out liquidity levels and what to expect when price returns to these levels later on. No indicator can do this...
Crowdstrike has been in a strong upward trend since the beginning of 2023. Pullbacks were generally short-lived, and the trend accelerated early this year. CRWD reached its ATH in March, surpassing the 300 mark it reached in 2021. A significant consolidation occurred after that, but it seems like the bulls have garnered sufficient strength to test 360 again,...
Hi traders, Euraud rejected from a solid resistance level as marked, so a fall to the next support zone at 1.6330 is expected. Note proper money management! Safe trading!