Traders, Atom dropped from it’s ascending channel and soon afterwards found strong support at the top of the triangle for a classic retest of previous resisntance/now support. A break below this and we should be looking for exit points. I have set mine at approx. $8.50. Target is the June 4th body high at around $10.75 Position = ATOM Direction = long Entry =...
NASDAQ:NFLX had a run after finally finding a way to stop and monetize password sharing via an ad-based subscription. Now, where does it go from here? In this content war, where companies are jockeying for the best scripts and distribution rights, NFLX still has a leg up being the first one with legacy viewers. NYSE:DIS has the most content, but it still faces...
Price reacted to our significant zone and we can see bearish reaction. If price continues to go down, it is possible to see retest of 0.68000 zone.
FX:EURUSD Sorry i had to step out at the end for a quick sec. This is a shot breakdown of how a market structure is created i will be back to release the second halve of this video later tonight. Lmk in the comments what you think!
Despite some fluctuations and occasional rallies, the Euro (EUR) remains in a bearish state. Several factors contribute to this ongoing bearishness in the EUR. Firstly, the economic performance of the Eurozone has been underwhelming. The region continues to face challenges such as high unemployment rates, sluggish growth, and structural issues within individual...
I have made a supply zone. If nifty 5 minutes candles closes below the supply zone, you can take a trade for 30 points with 30 points as SL (1:1 RR Ratio) Disclaimer: I am not a SEBI Reg. Analyst. Also do your research before trading or investing.
Entry: with price above 75.97 Volume: with average or greater volume Target: 81.41 area Stop: Depending on your risk tolerance; Based on an entry of 75.98, 74.17 gets you 3/1 Reward to Risk Ratio. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Gold made a choch and is currently in a supply zone. Waiting for a lower timeframe switch in switch on structure to confirm the sells. M30 is currently in a bullish bias going against H4. The previous day high was also taken (PDL). Expectaion is to hold high at roughly 1935.50 and break the lows at 1915.50 and 1903.
📈 My bias is strongly inclined towards buying GBPUSD. Currently, I'm eagerly anticipating the formation of an Ascending Triangle trading setup. 🔍 There are two possible scenarios to consider: 1️⃣ Waiting for a retest back to the trendline for a prime buying opportunity. 2️⃣ Observing a violation of the red line at 1.2853, followed by a retest, before entering a...
Channel - There’s a clear uptrend channel. Symmetrical projection: An uptrend N pattern - By projecting a 100% symmetry projection of the initial swing from point A to B, and extending it from point C. - As the expected symmetric pullback to E did not occur, I anticipate a further 100% extension from D to F ($16733). The target price level aligns with the...
If this rectangle is broken in any direction, Bitcoin can move in that direction Currently, the momentum of the chart is bullish, if Bitcoin continues to move, the chart will be updated by observing other patterns. Support and resistance ranges are clear in the chart Good Luck
PLUG on the 4H chart presents healthy price action. It uptrended for a month starting in mid-May and then completed a 50% Fibonacci retracement from which it pivoted on Tuesday, June 27th. The zero-lag MACD shows a classical cross of lines under the histogram while the histogram was changing from negative to positive. Likewise, the RSI bottomed out at 32...
XAU/USD is experiencing a second consecutive day of decline, although it has managed to rebound from its recent low and is currently trading around 1,190. On the daily chart, technical analysis indicates that the 20 Simple Moving Average (SMA) is showing a bearish trend below the 100 SMA, acting as a resistance level at 1,930.70. The 200 SMA, on the other hand, is...
The Euro continues to demonstrate bearish tendencies in the financial markets, suggesting a sustained period of weakness. Market indicators align with the current sentiment that it might not be the optimal time to purchase the Euro. Instead, it might be advisable to sell Euro positions for now, with potential opportunities for buyback at a more favorable rate in...
Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In November 2018, Bitcoin Cash split further into two cryptocurrencies: Bitcoin Cash and Bitcoin SV. The long term trend is negative, which leads me to conclude that it will be negative in the future also. On the near term I would suggest...
Hey all! Made a quick video to look at the market and just check in. I'm still enjoying my self made vacation and taking time away from the market while I think it is overinflated, as I want to see some normality come back in before I feel comfortable trading again. However, just wanted to say hello, explain what I'm waiting for, and wish everyone else best of...
Hello, INDEX:ETHUSD Ethereum appears to be among those altcoins that hold the potential for continuous growth. TrendMapTM has identified the cycle's lowest point, indicating that increases in value are expected in the future. Best regards, Stardust (@TrendmapTM)