Hello traders, USOIL has been bearish since early of April. It got one week correction and turn down to drop hardly again last week. On the left weekly chart, last week Strong bearish candle cross EMAS down to a new low. This is a weekly bearish signal for us. On the right 4H chart, seems like it stops dropping by reaching FIBO EXT 1.27-1.414 support zone....
Hello traders, GOLD is facing a wide side way price action at the end of the strong weekly uptrend leg. On this left weekly chart, price could start to rise again with the support of EMA and retest weekly pressure zone. On the 4h chart, gold has start a new leg up since yesterday and now is sideways price action above 4H EMAS, this could be a chance to join...
TF: 6 Hr Price has made a nice correction of the recent impulse move down to ~$17,100. Price has recently been rejecting the 0.786 retracement of the move down. The 0.786 retracement also aligns with the POC of the impulse move down. Price could be setting up for a correction or price could also be setting up for another impulse move down, however, I think at...
PLTR price action has gone crazy this week. First, the H&S pattern failed when $19 target failed and pushed above the neckline; creating an inverse H&S pattern. The target for inverse H&S pattern almost got hit, but then the post earning shenanigans began. Price has fallen through the neckline once again and if the last low of $20.20 breaks, then it will be...
From K1 to K3, it is a three soldiers stalled pattern, K3 close upon the downtrend line. The supply pressure is temporarily low here. If the following candles successfully retest the downtrend line, It will be a good place to buy in. Buy-63188/Stop-62188/Target-72000
5/6 @ 7:46 pm EST 1. Beach Levels M 7/8 17500 W BTW 6 & 7 @ 18084 CMP D 6/8 18125 4H 8/8 18125 1H 8/8 18125 M30 8/8 18125 2. Waves Day: OB Buying; O Mid Buying 4H: OB Buying 1H: OB Selling (Bear Divergence) M30: OB Selling 3. Channels M- Bullish; Near top W- Bullish; Middle D- Bullish; B/o downside w r/t 4H- Bearish; Top 1H- Bullish; Top M30- Bullish; Bottom 4....
This can possible play out, just some TA i did, DYOR
The market is currently reacting to a major zone, we could possibly see a selling opportunity should the current level hold. Feel free to share your views.
Bearish Scenario: Increased Geopolitical Tensions: Escalation of the conflict leads to heightened geopolitical tensions in the Middle East, sparking concerns about regional stability and security. Risk Aversion: Investors flee from riskier assets, including the U.S. dollar, as uncertainty rises. Instead, they seek refuge in safe-haven assets like gold, driving up...
set and forget the inverse head and shoulders pattern My opinion may be completely wrong
Longed the retrace here at 7.250. Pretty solid RR if holds here and make it a retest of the FIBs here. Stopping if holds under or smash 7.100. Holds and easy target of 9 and 10. Note: Not a Financial advise.
Triple top signaling bearish pressure, higher low and higher high was form suggesting bearish movement, reaction at resistance line, order book was rebalanced from the new bullish trend , so now we'll need sell
There is a high chance that NYSE:BABA (and other Chinese stocks) has not bottomed and will make a new low, because 1) the rally so far has been 3 waves (zigzag), 2) RSI divergence of the lows on daily need to be erased, 3) recent rally got rejected at 200MA If the drop breaks below 77, I'm quite sure a new low will happen NASDAQ:JD NASDAQ:BIDU AMEX:FXI TVC:HSI
GBP/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/GBP Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD...
as you may saw on my previous post. i'm on bear side waiting for confirmation to sell. but this 2 days i can't found any confirmation, hihihi so as i'm so addicted to taking position. i would like to take on bull side, and here is my reason: the 3rd wave was 323% of 1st wave, so in my opinion, the correction is not over yet. i'm expecting 1 more bullish impulse...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
one: pull back to the bearish trend line and goes up to previous stairs of highs { which are marked on the the chart} ( depends on the news) two: infiltrate to the bearish trend line and ranging between two channels. this one potentially will be an amazing opportunity for traders who are good at trade on a range and in this scenario price can play between lines...