Technical Analysis of Mondelez Internation, Inc (MDLZ) From Left to Right (Monthly - Weekly - Daily - Hourly) First of all, this was discovered as potentially interesting using the Screener to identify assets with ADX moving above 15 on the Weekly chart. "Some of the best buy signals are found when ADX is below 15 and begins to rise." - Chuck Le Beau (Author of...
Gold hit a strong daily resistance and then began consolidating within a horizontal range on a 4-hour time frame after testing a specific area. The support within the range was eventually broken, and the price closed below a crucial horizontal support yesterday, with a retest currently happening. This breach of support indicates a shift in market dynamics,...
I see a common connection when looking across Wall Street futures, ASX 200 and the Nikkei. They're all retracing higher after a large drop and grinding their way towards resistance levels. And that could appeal to bearish swing traders. ASX 200 futures (SPI) are within their 8th day higher. And as they have only recouped around 2/3rds of the drop rom the fall...
US CPI data may not have been as soft as some would have liked, but it retains the view that the Fed will cut rates and achieve a soft landing. The US dollar index reversed earlier CPI-induced losses to close the day flat on Wednesday and form a small bullish pinbar. Its low almost perfectly respected trend support from the July 2023 low, and shows that demand...
The SPY is making an excellent recovery move, which could turn into a real bullish reversal if it continues at this pace. In our last analysis, last week (when the SPY was at $120), we had already identified a change in sentiment, and warned of a recovery in the medium term. Once again, we managed to get the movement right. In addition. last week we mentioned...
Waiting for the confirmation to enter a sell position in EURJPY once it breaks below.
Pfizer has struggled for years, but some traders may see signs of a turn. The first pattern on today’s chart is the pair of positive moves after stronger-than-expected earnings reports. Those may reflect improving fundamentals for the drugmaker. Second, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA last month. Has the...
BINANCE:MATICUSDT BINANCE:MATICUSDT Hellow everyOne as you can see in chart We are facing with a powerful magnific FVg in Weekly time frame so price if want to go up or even go down needs to fill this FVg as you see in Daily time frame we have 2 engulfing bullish candles. Good funds would pumps the coin FVG W1 : 0.44$ - 0.48$ Entry Price : Right...
As you can see in the chart, GBPAUD is forming a descending triangle in the 4hr chart. The Lower TF took an change in trend after the massive liquidity sweep. Now, 4hr is showing signs of the trend continuation pattern. I entered the trade at 1.63900 Tp1: 1.93300 (The base of the triangle) Tp2: 1.92650 Tp3: 1.91800
⚠️Gold is currently experiencing a bullish trend, with the price reaching a new high followed by a period of consolidation within a horizontal range. The resistance of this range is between 2477 and 2471. If the market breaks and closes above this level with a 4-hour candle, we can expect a continuation of the upward trend with a target of 2500, a psychological...
AUDCAD broke and closed above a key daily/intraday resistance cluster. The broken structure turned into support. We may expect a bullish continuation from that. Next goal - 0.9115 ❤️Please, support my work with like, thank you!❤️
Highlighting 2 swing zones as always. Both of which are identified from previous weeks price action around the levels. Using Tradingview's alert, place @ 7389 and @7090 In reviewing previous week; price could swing up, in which case the upper SZ will be highlighted Price action determines trades: Entry on the 5mins chart to achieve tight stops of 10-15pips
Today, SUI is stirring Crypto Twitter, the most talked-about token. On the daily, SUI has reached its resistance so we can expect a slight cooldown from this level On the 4-hour timeframe, it's starting to look very interesting as 4hema50 already crossed above 4hema200 $1 is proved to be a strong resistance (psychological number) , however, would view ...
📈USOIL successfully broke a significant daily resistance level on Monday, closing with strong momentum. The broken resistance was retested during the London session, leading to a bullish response and increasing the likelihood of further growth. The next targets are set at 79.91 and 80.85.
Price broke down below my AOI and I got a rejection so im expecting price to be bearish
Price broke above my AOI now we are expecting bulls to take over
Price broke above my AOI and rejected the area so im epecting buys
GBPJPY Has been on an overall bearish trend for a while now but if we dive deep into the H1 timeframe we can spot a nice uptrend and we can capitalise on those small scalps. As we have broken the recent recent higher high I am anticipating for a market to come back retest either with a bullish engulfing candlestick or strong rejection on smaller timeframes like...