Currently hit the scan at around $6.00. There is an upside potential. It would be nice to see it starts trading above 6.80. The volume and price are both an alpha signal and looking good. Grabbed some shares
AUDCAD has been trading in a strong Bullish Trend. After a short period of retracement at the 0.89791 price level, the Bullish run has continued. Following the strong Bullish run, the price action has formed an AB=CD pattern, following which strong divergence has been observed on the RSI on the 1 hour timeframe, hinting a strong reversal into a Bearish trend, if...
US COFFEE Major support Long from 195 all the way to 207 and change
Waited for price to form structure during the London session. Market out the London lows. Waited for Sell Side Liquidity (SSL) to be taken out before entering during the 1PM New York open time (GMT+1). Price also swept the London lows liquidity. Opened a buy order once price closed above the SSL support. Closed 70% of my position at the structure high...
All the major US stock indices were firmer on Tuesday, building on gains from the latter half of last week. Investors were relieved to wave goodbye to April which proved to be an unsettling one in terms of increased volatility. Sentiment soured significantly last month, following an uninterrupted rally since the end of October. But US stock indices have had a...
boost and follow for more! 🤝 we got the breakout, resistance turned support and now going for a extreme resistance breakout soon? watching for a clear daily break over .18308, if that comes than continuation to .28-.435-.57 should come within months in my opinion. lets see what happens 🔭
Big congratulations to those who took yesterday's long with confirmation! We just managed to break above the last lower high, and the confirmation on the retrace is a great sign. Looking ahead, could this move take us to the range high? 🤞 Hopefully. Could it range here and rotate to break the macro range low? 🔄 Possibly. Do we have our pre-planned ideas for each...
On the above 2 month chart price action has enjoyed a 340% rally from the $7 lows of 2016. A number of reasons now exist to take a bearish outlook. 1) Broken market structure printed in 2013. Confirmation of broken structure printed recently in March 2022 (yellow arrow). 2) Trend reversal. Lower high replaces higher high. 3) The rising flag pattern is...
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fulfill that huge imbalance and then to reject from trendline + institutional big figure 0.90000. Fundamental news: This week on Friday...
Daily Show on NIFTY, BANKNIFTY, FINNIFTY and USDINR, where we try and predict the market direction for tomorrow by technical analysis, Open Interest (OI) data analysis, FII DII data analysis and much more. This show gives insights into the market and is especially useful if you are a beginner who has just started options trading and wants to learn how to trade...
The HTF (4hr) is currently bearish but is currently pulling back into HTF POIs The MTF (15m) is bullish which aligns with the HTF pullback phase Waiting for the MTF to enter the POI and waiting for a LTF (1m) CHoCH with entry on a 5m OB with imbalance.
We're potentially on the cusp of the ultimate bull run in history. The total cryptocurrency market cap excluding BTC and ETH (known as Total 3) is showing promising signs as it retests and consolidates around the 644 billion dollar zone for about 63 days. If we observe an upward bounce from this point, it could mark the onset of the greatest bull run ever witnessed.
Render broke through the descending trendline and the resistance level. The bullish movement to a local high of $13.5 is expected to happen.
Third winning strike of Bear, again nifty opens gap up at 22489 level but didn’t sustain and bear drag nifty down to low of the day which is 22232 level. Nifty was down by almost 200 points but given closing at around -140 points which is -0.62%. Nifty has formed a big red body candle with upper and lower shadow on daily chart. Candle is trading below middle...
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation...
BUY USDJPY for uptrend continuation STOP LOSS : 152.83 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
The solama's are forming a cup-and-handle-pattern with a target around the $0.72 price-level