💹 Let's kick off our trading week by analyzing the popular EURCAD pair. 🔎 Higher Time Frames Analysis: In our daily and weekly time frames, we observe that EURCAD has been ranging between 1.42435 and 1.50374, which is logical given the current policies between the European Union and the Canadian government. 📊 Previous Analysis Recap: In our last month's...
Nifty Short , Medium & Long Term View- 11-Mar-24 to 15-Mar-24 Nifty closed at 22493(22378) and touched low & high of 22224 & 22522 RSI and stochastics levels are same in this week (65% & 96% Respectively). Stochastics is in overbought zone. Market touched a new high on last short trading session on Saturday to 22522, which crossed the Fib resistance and trend...
The recent market dynamics have witnessed a shift in momentum, with a notable surge in strength last week, propelling prices to reach 44,696. Subsequently, a new short-term trend has emerged, indicated by the green chart. Despite multiple attempts, the market has been unable to breach its resistance, suggesting a prevailing bearish sentiment. According to the...
An analysis of Gains (GAINS) suggests a creation of a macro higher low, indicating potential upside, and identifies key levels, providing insights for market participants. Key Insights: Macro Higher Low: Gains is observed to be creating a macro higher low, signaling positive market dynamics. Potential Upside: The analysis indicates that the market looks...
As the trading week comes to a close, market participants have witnessed a slow yet steady rise in SPX futures. I'm going to dive into the advantages of trading futures, analyze the recent price action in ES futures and the SPX index, and discuss the leading diagonal pattern that played out in the market. I will also provide insights into what to expect for the...
PVR LTD PVR has broken the long term trend line. It might show you the levels of 1287 which is value are as per volume profile indicator. The retest of lower trend line may take place but eventual target may be 1280-1290 appx. Chart is for educational purpse only. Thank you.
Between uncertainty and waiting for a judgement, testing the local ascending channel!!
This pattern is important because it helps to indicate the continuation of a bullish or bearish market. When the direction of the price channel is in the upward direction it is considered the Bullish Price Channel and when the face of the price channel is in the downward direction it is called Bearish Price Channel. Traders could buy a stock when its price breaks...
The Dow is going to go up, on the weekly chart, there were two tests that the market performed to gather information as to which way to take the market. Test T1 tested the market for 4 weeks (1 month) to see if the market should go lower, the target test price point for T1 was answering the question, "should we take DJI to 100wk MA", the market sentiment answer...
Facts taken from the chart: 1. The overall movement of the Cap Market in an uptrend channel 2. The moving average of 200 is an important resistance above the recent candlesticks 3. Resistance levels are drawn in the form of a series of rectangles after the moving average of 200. (Fibozone) Important: 2 trillion is an important number for Market Cap.
It is clear this is going to jump, and FAST but hold and accumulate! UNLESS YOU KNOW FIB TRADING WELL DON'T TRY WITH THIS COIN! JUST LONG PLAY! That's is my opinion. BUY SHIBA INU UNLESS YOU THINK THIS GOING TO 0, NOW IS THE TIME!
Here's my perspective on the GBP/USD using the Elliott wave analysis; Disclaimer: This is just my idea on the current direction of this particular market, by no means is this financial advice, please do proper research. Thank you! It is seen that the market has been able to complete the (12345 wave) count, and its presently at a corrective stage, i.e....
Lookin at a decending wedge, you have price touching the bottom trendline of a rising channel.If price falls below this zone your looking at the next zone below between $1.85-$1.61. Coming closer to the bottom of this wedge I don't see price retesting the lower trendline of the wedge, but anything is possible. 1st target looking at $9.75, if we get past that I'm...
Are we in the middle of a paradigm shift in the entire market? With everyone having access to investing, not everyone knows what to do. So they put money that sounds good or someone told them is good. We need to keep watching RIDE and take a seat, it's gonna be a bumpy one.
Here we take a look at last week's video as well as some set ups we are watching for the coming week!
Ok, at the moment, in my previously technical analysis, I mentioned that Chainlink it's formed a bullish shoulder head shoulder inverted, but never touch my buy order limit. So as little update, we have another long position to bought Chainlink at $!3.50 USD put a buy order limit at this price with a SL at $12.90 USD. Don't worry, but I know that the market it's...
This chart shows total market cap of all cyptos minus BTC. It's an important indicator for identifying altcoin market trends. You can see the bullish divergence on Stoch RSI has played out with the breakout from the triangle (or bull flag). We are seeing a retrace right now, but if this bullish breakout gets confirmed by a retest of support at the top of the...
You see a #Support on level 0.786 at candles "25 Oct" , "24 Oct" & "23 Oct" at #Fibonacci as last post that i showed a #Resistanc on level 1, in this level(0.786) we have also a #Support. it means market trends is going to move in a range side and if level 1.272 be broken, the market trend will reach to level 1.272 in price 428.61 ___________ Indicator: Fib...