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BluetonaFX - USOIL Descending Triangle PatternHi Traders! The bearish price action continues on the USOIL 1D chart, and there may be possible opportunities for short entries. Price Action 📊 The market has had lower highs and lower lows since breaking below the 3-month low and 20 EMA, creating a descending triangle pattern on the chart. We are looking for further bearish momentum to break and close the trendline support line and continue to the downside. Fundamental Analysis 📰 The market's outlook on USOIL is currently negative due to continuing dips in oil prices following tensions in the Middle East.   Support 📉 74.57: TRENDLINE SUPPORT Resistance 📈 79.01: TRENDLINE RESISTANCE Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
TVC:USOILShort
by BluetonaFX
2
**EICHERMOT - Accelerating Towards New Horizons** 📈 **Market Momentum:** EICHERMOT is currently in the spotlight, exhibiting a compelling rise in both price and volume over the last few sessions. The stock has not only reached a new one-year high but is actively trading with substantial volume, underlining the strength of its market position. The latest tick echoes a robust price surge, further supported by strong volume, a clear indication of sustained bullish momentum. 📊 **Technical Indicators:** The MACD/Signal line bullish crossover and its sustained nature add a robust technical confirmation to the positive market sentiment. The stock is trending up nicely, consistently achieving consecutive new highs, showcasing a compelling upward trajectory. 💡 **Breakout Confirmation:** Evidenced by a positive breakout and a continuous upward trend, EICHERMOT is not just meeting expectations; it's exceeding them. Both daily and weekly Heikin Ashi patterns signal a bullish continuation, underscoring the potential for sustained upward movement. 📅 **Recent Performance:** As of November 15, 2023, EICHERMOT reached a high of ₹3860, closing at ₹3848.30, further solidifying its position as a top performer. Looking back, on November 1, 2022, the stock was at ₹3889.65, and by June 2, 2023, it was at ₹3748. These levels demonstrate the stock's resilience and ability to recover and surpass previous highs. 📊 **Trade Recommendation:** Capitalizing on this robust performance, consider going long above ₹3860, with a strategically placed stop loss below ₹3429. This trade aligns with the recent positive trend and positions traders for potential continued gains. 🚀 **Why Act Now?** EICHERMOT is not just a stock; it's a journey towards new horizons. With a strong one-year high, positive breakout, and consistent bullish patterns, this is an opportunity to ride the upward momentum! 📈💰 #EICHERMOT #BullishTrend #StockMarketOpportunity #FinancialSuccess #TradeSmart 🚀📊
NSE:EICHERMOTLong
by ruelfernandes
BCH BEAUTIFUL TREND! SO SEXY.Sometimes you just have to stop everything you're doing and admire a nice trendline. These market makers are having fun. When will the trend break? Let me know in the comments below. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
BTCUSDTA bull trap in trading is like a mirage in the desert—it appears to be an oasis of opportunity, but it often turns out to be a trap. This deceptive market move lures in optimistic traders, convincing them that a significant uptrend is underway, only to swiftly reverse direction, leaving them in losing positions. Keep a watchful eye, employ sound risk management, and remember that in the volatile world of trading, not all upward moves lead to lasting gains. #BullTrap #TradingWisdom 📈🐂"
Short
by MemoCrypto
3
CELO ANALYSIS🔮 #CELO Analysis - Breakout Trading 💰💰 🌟🚀 Here we can see a formation of "Descending Triangle Pattern" with an upside breakout and increasing volume and market interest indicates a potential bullish phase in #CELO💲💲 🔖 Current Price: $0.569 ⏳️ Target Price: $0.900 ⁉️ What to do? - Closing ablove $0.600 could confirm buying potential and serve as an ideal entry point. We have marked crucial levels in the chart .🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #CELO #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts