We have a 3 Rising Valleys Pattern that has recently formed on the weekly timeframe, and we recently had a confirmed weekly Bullish Engulfing; if XRP manages to get back above 51 cents from here then it will likely begin to move fast towards it's last swing high of $1.96 but at the same time this is XRP we're talking about so it could go much higher because it is...
Thoughts on potential future price movement. - 1 "Potential" options. - An opportunity becomes realized only if the "potential" price path is followed. - Only Technical Analysis considered. - "NO" Fundamental Analysis considered. - "NZDUSD" Correlation considered.
Thoughts on potential future price movement. - 1 "Potential" options. - An opportunity becomes realized only if the "potential" price path is followed. - Only Technical Analysis considered. - "NO" Fundamental Analysis considered. - "EURUSD" Correlation considered.
Thoughts on potential future price movement. - 3 "Potential" options. - An opportunity becomes realized only if 1 of the 3 "potential" price paths. - Only Technical Analysis considered. - "NO" Fundamental Analysis considered. - "NO" Correlation considered.
Thoughts on potential future price movement. - 2 "Potential" options. - An opportunity becomes realized only if 1 of the 2 "potential" price paths. - Only Technical Analysis considered. - "NO" Fundamental Analysis considered. - "NO" Correlation considered.
- On the daily Ethereum chart , a downtrend has been evident since March 13, 2024. - A downtrendline from $483.91 rejected the price at $3728.48 after a retracement from $3053.92. - The downtrend continued to $2807.28 before reversing and breaking the downtrendline to the upside on May 20, 2024. - The price closed at $3498.93 and is currently around...
Early Entry: After the breakdown of a Rounding Pattern formed since Sept 21, It has shown renewed interest at the bottom of a channel both on the weekly with a hammer candle and a strong bullish bottom shaved engulfing on the daily! Entry above daily close of 2375. Morning Star at the bottom... Safe Traders wait till Price closes above 200EMA or the Golden Crossover....
The Red Line shall act as the last defense to hold buyers. Should it be broken, no idea (218.396)?. This is just an idea and not indicating buying or selling at any particular prices.
Good move ahead for Nifty can hold the levels of 22470 and give a closing above 22522. Incase we get a closing above 22522 the resistances ahead will be 22587, 22658, 22730 and 22800+. In case Nifty gives a closing below 22470 the supports will be at 22345, 22246 and 22055. 22522 is however a strong trendline resistance and gap up opening and holding above it is...
Easy plan. A break of either the green level for calls or red level for puts. Range defined in-between.
S&P500 broke and closed above the resistance based on the all time high. It opens a potential for a further bullish continuation. I will expect more growth at least until FOMC on Wednesday. ❤️Please, support my work with like, thank you!❤️
Currently HAL is showing good volume buyers @ ATH, As BJP is going to win in General election 2024 and It's giving major Importance to defence sector once they win. Also technical Analysis is showing good positive outlook.
Simple setup with some projected data points as price targets in time. If and only if at least 3 of them are hit, and maybe a wild card pivot point at any of the elements, preferably the pink rectangle, I would strongly suggest analyzing the potential for a bounce from the green rectangle zone in case another power wave forms that pushes the price higher. The idea...
Simple project where all lines from all rectangles are projected potential support and resistance. Looking to catch at least one reversal (in either direction) with a candlestick pattern or signal at any of them. The vertical ones are more like time stamps for potential essential events like change in mood, sentiment, volatility or other. The polygon is more...
🏃♂️DXY Index is moving near the 🟢 Support zone($104.27-$103.90) 🟢, and 200_SMA(Daily) and 100_SMA(Daily) , and the lower line of the ascending channel . 💡Also, the Morning Candlestick Pattern is clearly visible. 🌊According to the theory of Elliott waves , it seems that the DXY Index has completed the Double Three Correction(WXY) in the support zone...
- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on7th Oct 04 and TP 2 on 22nd June 05 - If we are looking for sells we take on until 25th may 05 and TP 2 on 30th april 2024 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for...
Gold surpassed and ended above its all-time high level today. The previously broken structure has now become a zone of demand, and the pair is currently testing that broken structure again. I anticipate an increase in buying volumes in that area, leading to a bullish trend continuing towards 2460.
On watchlist, Waiting to see if we form some good levels to risk off and get some good initiating momentum.