Hello Friends! This is a weekly look at Bitcoin’s chart. Bullish case: Needs to break out of the downward channel and take out $41.2K. Bearish case: If bitcoin breaks below $35.6k it will open the possibility of $29.2K being targeted. If $29.2 breaks, $25K will be the last support before it enters a longer bearish move. As always thanks for your follows,...
A quick look at the weekly frame. I expect more selling momentum in the coming weeks. It is expected that a temporary correction will take place on the next Monday and Tuesday. Before the bears resume selling, targeting 1.10 and 1.09
It can be good choice for swing trade for a couple of weeks if it breaks the downward trend-line followed from 13 Oct 2021. For this stock 60.7 acts as a crucial level from May 2004. The Stock is at a trend line support Trade Details: Trade Active : When trend Line breaks Entry: below 63 Stop Loss: Below Trend line Targets: 66, 69.7, 74, 77 ...
Just keep on eye on this channel break for the upcoming Trading sessions. Might this will be a very crucial point.
The Stock takes support on weekly basis, where it faced resistance previously. On monthly chart it created a hammer candle on the support zone. Good Swing Entry for a couple of months, hoping to see new all time high Trade Details: Buy Below : 19600 Stop Loss : 17300 Holding Period: more than 2-3 months
The dollar has posted its worst weekly performance in five months as it closes out the week. China's gross domestic product (GDP) is higher than expected is at the top of all of the other happenings this week. We will be keeping an eye on various data points throughout the week. It was the largest weekly loss in the general index of the US dollar since August...
Hi there! In this video, i share my areas of interest for the week of 17th January 2022, Feel free to comment, its my first video on this platform, but i think this is a great way to improve my own trading and help my to articulate my reasoning to take a trade. It seems the more I share the better my trading performance is... which doesn't make sense to me, but...
Hello Folks! This is my weekly outlook on the some major forex pairs that i trade most of the times. Overall the USD looks like is gonna be strong for the next week while other pairs is gonna decrease against USD. This is not financial advice, please DYOR before u take a trade.
Long Entry for COALINDIA: at a support zone in the trend line, being followed from October 2020. In weekly chart, we also see a long lower tail candlestick at the trend line support zone on the week 20 Dec 2020. Buy between - 146-150 Stop loss - 138 Holding Period - 2-3 weeks or longer Note : If you risk to trade this idea, you alone will be...
NSE:NMDC has broke the downward trendline followed from 12 May 2021. Next 2 resistance levels to watch: Resistance 1: 146.5 Resistance 2: 157.9 Trade Plan: Entry - Below 140 SL - 129 If weekly close above the trend line, we can go long for couple of weeks
Technical Analysis: Bitcoin (Weekly chart UPDATE):- BTC closed around 46.6k and looks good to me on weekly. We might see a wick down to liquidate the remaining longs and push to the upside from there. Reclaiming the 50D MA is what BTC needs in the next candle close. btc make an ascending tringle and its playout very well, btc now down at lower support and try...
Last week’s Forex market saw a lot of important news releases and the early stages of a big wave of coronavirus starting to hit western countries, mainly in Europe. However, directional volatility was not especially high, but we did see quite active markets during the second half of the week following the FOMC release. The US dollar rose a little in line with its...
When starting the trading week, it is a good idea to look at the big picture of what is developing in the market as a whole and how such developments and affected by macro fundamentals and market sentiment. There are a few long-term trends beginning to reassert themselves, so it can be a profitable time to trade the markets. Big Picture 12th December 2021 ...
Whatsup guys its a new week with new opportunities and we do take a look at a few of them during this breakdown. Will update as time goes on, stay tuned! Good Luck. God Bless!
Welcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** Current technicals point to a bearish bias on the weekly of EU. After a deep push to the downside and minor correction, sellers struggled to break lower than 1240. A break of above 1352 would signal next target at 1450 zone (previous weekly resistance)....
We are heading long. I think once December's low volume price movement comes to an end, we will be getting all the January pressure we need to start making the push long. I think we will be making a Double Bottom here for the last two weeks of Dec, then shoot long at the beginning of the new year; just as i've already illustrated.
Hi Folks! This is my outlook on some major forex pairs that i trade for the upcoming week. Please have a tea and some snacks and enjoy my video and prepare your charts for the upcoming week with me. This video is just for educational purpose, not financial advice, please DYOR before taking any trades. If u like please hit the Like and Subscribe.
Welcome to AHJ Chart Analysis Today we are looking RUNE on weekly timeframe last week we saw a 30% dump in RUNE but it held the previous low quite beautifully & also retested downwards trendline which is quite bullish For those who want to trade this. Entry: 7.7 (40%) DCA: 6.9 (40%) , 6.3 (20%) SL 5.7 TP: 15 (15%) , 21 (25%) , 30 (35%) , 50 (15%) , 70...