please look time frame first and then choose your RR if satisfice with that then only. All the best. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
Take a look at our analysis for SPX500. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 5,310.4. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 5,261.1 level. P.S The term...
Hey folks, We have possible short on BTC. Since we passed Monthly ATR + Price testing upper boarder of the flat. SHORT ACTIVATION only if price breaks 76 800$ !
I still think we hit the same upside levels but think we take a different path to get there than I originally thought. I've been anticipating a big move down before we hit the top, and I still think it happens, but I think we go to different price levels and it happens in a different timeframe than I previously thought. Everyone thinks the trade is going to be...
The EGX30 index, a benchmark for the Egyptian stock market, faces a critical challenge: the concentration of its weight among a few large companies. As of May 28, 2024, the top three constituents – Commercial International Bank (CIB), Talaat Moustafa Group, and Sweden Electronics – account for a staggering 50% of the index's weight. This excessive concentration...
#FET, recognized as one of the strongest AI coins, has solidified its position in the market. With its innovative technology and strong community support, FET has become a standout performer. I've personally recommended the community several times to get into FET last year where it has shown remarkable growth, up 10x. Holding onto such strong projects is key in...
WTI Crude Oil Price Shows Bullish Trend Ahead of OPEC Meeting As the chart indicates, on Monday, the price of WTI crude oil rose by approximately 1%. Reuters reports that the bullish sentiment is driven by: → the upcoming OPEC+ meeting scheduled for 2 June; → expectations of high fuel demand with the start of the summer driving season and holiday season in the...
Dear traders! Overall, this week's outlook for GBPUSD is bullish as it recovered and stabilized above 1.2700 after falling to weekly lows below 1.2680 early in the European session on the back of promising Retail Sales data. UK disappointment. USD struggles to find demand on the upbeat risk mood and allows the pair to hold its ground. With a positive outlook this...
After overnight short orders hit TP: 2343 this morning, gold has been fluctuating within the 2340-2345 area. Judging from the current gold trend, the downward trend of gold has slowed down, and it has rebounded again in the short term and exceeded the 2340-2345 area. But the weak situation has not changed.There are two voices in the current market. One is that...
Hello everyone, I would like to share my opinion on EUR/USD across multiple timeframes. Upon analyzing the daily chart, it is evident that the price is currently in a critical zone and is displaying signals that suggest a potential move towards lower prices in the 4-hour and 1-hour timeframes. Based on this analysis, I believe that as long as the price remains...
BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken...
The rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven...
The Resistance is evident and so is the divergent trend line. Check the support time coinciding with the election results. Short-sell Nifty Futures on the horizon.
1. US30 on support level. 2. Chances are high for long from this level. 3. once its broken below short we can expect a short un till its long.
OANDA:AUDUSD TPs in 15m time specified on the prices / TP1 0.66249 TP2 0.65944 TP3 0.65660 TP4 0.65221 TP5 0.64820 Remember there is no 100% in financial markets.
I see a sell opportunity on EURJPY. I will wait for price to break below triangle followed by a bearish engulfing candle.
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ Day 3 cycle Tuesday DAY 2...
Hey Everyone, Great start to the week with our chart idea playing out, as analysed hitting our open bullish target at 2350. We were able to trail this to 2358 for a nice catch. We are now seeing ema5 lock above 2350 opening 2365 and 2378. 2365 will need a ema5 cross to further confirm the 2378 gap. We now have gaps above and a retracement range below that has...