For the Chinese stock JD.com listed on the Nasdaq, we observe a significant pattern. Initially, we had a prolonged sideways movement that concluded with an initial surge, establishing the current resistance zone. This zone held twice before the price fell through. Starting from point X in our Elliott Wave count in November 2018, we saw a rapid increase of...
The start of the new week begins with a holiday in the United States, which is Memorial Day. But on the other hand, this morning we have important data on the German economy, IFO - Business Climate, and lately the data from Europe is affecting the currency markets much more actively compared to a few months earlier. After the EURUSD peak of 1.0895 on May 16, a...
Description: In this strategy, I employ a consistent daily trading approach for NZD/USD, focusing on capturing small profit targets while maintaining strict risk management. The strategy has been backtested from the year 2021, demonstrating robust performance with a 100% win rate. Below are the key aspects and performance metrics of the strategy. Strategy...
Dear Traders, Gold rejected at $2450 and dropped more than 1200+ pips, indicating a strong bearish takeover. Still we expect the same to continue, as bearish momentum is so strong that price ranged between 2330-2340 area for a long period on Friday. Which suggested that bears large number of volume Is still there in the market. Going forward, we can expect price...
As traders, one of the biggest challenges we face is deciding what factors to consider when opening a trade: should we base ourselves on charts, news, macroeconomic data? Many opt for a combination of all these elements, and although all traders go through the same stages, there are different routes to success. The problem with following the crowd is that you end...
www.tradingview.com USDJPY May Rise! On the H4 chart, the USDJPY has formed a symmetrical triangle pattern. The price has broken above the trend line and is currently testing a significant resistance zone. A short-term bullish trend could be anticipated if the price manages to break above this resistance level. 🔼 Trade: Consider buying USDJPY on a breakout...
from the volatile market movements in us section 2407 now acts as a major pivot. any movements above this section will be a buy upto the area of upper interest 2450 and breach of this pivot will draw market down passing various supports down to 2376. PIVOT 2407 RESISTANCE 2427, 2436, 2449, 2463 SUPPORT 2407, 2400, 2397, 2392, 2383, 2376 support like...
buy limit entry 2427-2426 tp 2430 tp 2433 tp 2440 sl/hedge 2421 use small lots
You’re never going to find a trading technique that is 100% reliable. But you can become a specialist using a single specific technique. The one you have the most affinity with will always work better. It doesn’t matter if it’s the best or the worst, don’t waste your time on that. Just look for one you like and evolve it, perfect it to the beyond… Make it yours!...
Hey team Hope you are Enjoying our ideas and Analysis, Today in Trading Session we are monitoring XAUUSD Looking for Bearish But there is Alot of Risks in Bearish Because That Breaks all Support levels.... XAUUSD (UPDATE)....!! RISKY SHORT FROM ALL TIME HIGH.. Gold is trading in a Strong Uptrend but the price Failed to reach the Supply Zone 2438-2445, Which is...
If you haven`t bought NU before the previous earnings: Then analyzing the options chain and the chart patterns of NU Holdings prior to the earnings report this week, I would consider purchasing the 11.50usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.67. If these options prove to be profitable prior to the earnings...
If you haven`t bought DOCS before the previous earnings: Then analyzing the options chain and the chart patterns of DOCS Doximity prior to the earnings report this week, I would consider purchasing the 25usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $1.15. If these options prove to be profitable prior to the earnings...
If you haven`t bought GOTU before the previous earnings: Then analyzing the options chain and the chart patterns of GOTU Gaotu Techedu prior to the earnings report this week, I would consider purchasing the 9usd strike price Calls with an expiration date of 2024-7-19, for a premium of approximately $1.12. The chart looks bearish, but my bet is on a China...
My buying scenario involves breaking below the support area and then bouncing back up. The MasterCycle indicator signals a downward trend as long as it's under its cloud. However, when candle movements are in areas below 25, the MasterCycle indicator indicates the best entry point with optimal risk-to-reward ratio.
The main idea of the strategy is that in the event of a sharp unexpected drop, coins usually grow back quite quickly. We simply draw a short SMA, and when the price deviates significantly from it, we buy, and when it returns, we sell. We cannot buy every drop; it must be quite strong and sharp. If you buy early, you can buy at the beginning of a downtrend and...
It Speak Eloquently Currently, the strategy I've written is showing the best entry point for a long position. You could say we are at the market's floor; if the strategy I've prepared for it happens, I'll make good profits. We'll see. There's no miracle in the market; the market goes its own way. I've incorporated what I've learned into my strategy, thanks to...
We have seen price break from longterm triangle pattern and is now breaking out of a secondary flag pattern. We are surely bullish now and price is targeting the highs. On the daily price has rejected the 50% fib level so I expect a double top to form if not more past that. But for now a double top. Now we wait for further confirmation of the break and play for...
Swing trade This is a loose plan, trend following with some target levels . I now believe it's almost impossible to predict exact movements like I used to try to in some of my older calls based on classical patterns, waves, Wyckoff etc. The mind kind of sees what it wants to. If it works great, but I've had my biases really distort what's actually on the chart...