Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Index is compressing inside symmetrical triangle and going to explode soon In hourly chart index is moving between 1H SMA50 and 1H SMA200 for some time I suppose it will break down because of last bearish engulfing candle on weekly chart
A glimpse of the DXY in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Hello everyone I know if I show you this time frame it might be possible that some of you criticize me but it is my wavy and I always get good views for my next months. One important thing is that all technical and elliott rulse are becomes more reliable as long as you go to higher timeframes. In this chart, we are in a break out candle (I named it) that will...
Nifty Bank Index is making rising wegde which indicates a reversal pattern. We will look for this stock for a proper breakout.
Price has finally broken a W CONSOLIDATION ZONE that started on 12/4/23. Looking for price to retest the consolidation zone + the mid point of the bullish M channel and then continue bullish.
The Nasdaq is again going to face an important and a very old tl/ channel resistance level a reason of this sudden strong move, will add monthly and weekly levels in the comment section also the 12M levels
Hello every one As we all expected, Dow starts a bullish trend from the first day of the week but we do not know if last week correction finished and what I have counted is correct or it is just wave b intermediate of ABC of wave 2 Primary. Note : There is another scenario that say we are in huge recession and what is happening is internal wave of an ABC cycle...
NDX ended this week right at a golden fib (Euromotif’s system). We could see a pullback next week Monday-Wednesday. Look for pivots around this area.
DXY bullish outlook due to potential Fed rate hikes this year attracting investors seeking higher dollar returns. However, monitor global economic health, other central bank policies, and risk aversion for additional influences.
This is in Group 10% Weekly, Daily, 4H Market Structure Alignment = BBRB HOW? Weekly —- Bullish Daily — Bearish 4H — Bearish
Precisely 6 days ago, the Zweig Breadth Thrust indicator was at 0.39 (thus below 0.40), having reached 0.53 at this moment. In order for a solid rally to be sustained by sufficient momentum (to make it last at least 3 months), the ZBT indicator needs to surpass 0.615 in 10 days at most since its last reading below 0.40. Thus, if ZBT is not above 0.615 by the 2nd...
Doesn't mean anything, but the setup is so similar, I am going to get some VIX next week:)
US30 is currently bullish and has rejected a significant level 37300.00 FOREXCOM:US30 FX:US30 . Price action is observed, bullish momentum is present. This is only a trade idea, use risk management. Happy trading