The HK stock market (HSI) has fallen more than 5000+ points from the high of 20,000 in July 2023. In Feb this year, I made a bold statement , making a crazy prediction that the HSI has bottomed in Jan 2023 and has been slowly accumulating this index via 2800 Tracker Fund ETF. Fast forward to the recent week, we witnessed a straight near 10 days of bullish...
After a failed rally, it fell down the break the last low and is now grinding out a bottom. This looks like a good opportunity to long by buying small positions every week for next few months. There has also been a completion of a three-wave correction, which helps to further strengthen the case that this could be in the final bear stage.
COCOA has been in a consolidation pattern for multiple years now. Testing lower side of the pattern and upper side, now it's in a very confined range and the upper/lower resistance/support line are coming to agreement. It is trading above resistance now and this would make an ideal long-entry when buying the pullback on the now broken resistance line around...
il India is showing good relative strength compared to the general market and had good earnings in the last quarter.
Follow-up to my previous 5137 Top Call (click). Markets appear to be retracing finally. This could be just the start of correction. Minimum next leg depicted goes to 4900-ish. $ 5109-5137 is major resistance that may be retested. $ 5044-5049 a minor support that will hopefully bounce. $ 4896-4924 is next major support and BEST GUESS...
Hints in May – supplement idea for fun, see if you can crack it. Ref. 4.20.'24 13th. (~29.00) "His ruling planet applied to an evil aspect of Uranus, indicating great worries following the starting of this journey. Said that he had planned his marriage for an unfortunate day and that it was better that it did not take place at that time" <-> "The symbol and...
ADA Analysis ADA is looking quite good and is bullish above $0.43 . If the price can hold above $0.468, I would be looking for a quick move to $0.478 which is strong structural resistance. ADA is showing 3 drives of bullish divergence on the RSI. ADA has already completed a deep retracement resulting in a higher low.
When price was bulling it created hh,hl,hh,hl, but in 1D it shifted and creating hl,ll,hl,ll, so the price is creating corection move/liquidation move. . The price is near to test a very critical area, to grab liquidity and bull till the area of 1D previous very high. . The price, where it is, is a risky. . it is better to wait until it reaches the liquidity...
USD/CHF is trading close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.9095 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.9184 which is a level that sits above the 78.6% Fibonacci retracement level and an overlap resistance. Take profit is at...
GM is now at an apex. It is met with an upper resistance and the support of a very respected trendline. There’s going to be movement.
USD/CAD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3779 which is a swing-high resistance. Stop loss is at 1.3815 which is a level that sits above a pullback resistance. Take profit is at 1.3717 which is an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin...
The Loonie (USD/CAD) has just bounced off the pivot and could potentially rise to the 1st resistance. Pivot: 1.37189 1st Support: 1.36879 1st Resistance: 1.37817 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
The Aussie (AUD/USD) has broken below a key pivot (Sell Entry) and the bearish momentum could force it lower. Sell entry is at market (0.6568). Stop loss is at 0.6600 which is a pullback resistance. Take profit is at 0.6538 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.5979 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.5950 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is...
#UNFIUSDT UPDATE Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze UNFIUSDT today. Descending Channel Breakout done in 12H time frame. We can see gain here up to 80%+ profit so far🚀
as it goes,,,,,,, before the fall we must climb. I am under the impression I am seeing some bullish activity.
The buy zone seems solid as the price has been rejected multiple times in the past. I do notice that the price is trading above the Ichimoku cloud, which is a good sign of bullish momentum. Let's see how this plays out Potential Trade Opportunity: Currency Pair: NZDUSD Position: long Risk to Reward Ratio: 3R Trade Parameters: BUYLIMIT: Entry Point:...
The buy zone seems solid as the price has been rejected multiple times in the past. I do notice that the price is trading above the Ichimoku cloud, which is a good sign of bullish momentum. Let's see how this plays out Potential Trade Opportunity: Currency Pair: NZDJPY Position: long Risk to Reward Ratio: 3R Trade Parameters: BUYLIMIT: Entry Point: 93.354 Stop...