Get started

Chart Patterns

Another bullish continuation for salesforceNYSE:CRM is looking at a potential strong bullish continuation after the stock has broken out of the bullish flag with a huge bullish bar with the support of a spike in volume. Furthermore, the stock has been in an uptrend channel since Dec 2022 and it is likely to continue higher. Hence, we are adding on to a buy position on CRM with near-term target price of 408. Should correction happens, the next support will be at 297 and 316. Momentum is stable in the mid-term after stochastic may potentially cross right above the mid-point line. 23-period ROC has been rising and has broken past the 50-line. Directional movement index is showing early signs of the rise in bullish strength.
NYSE:CRMLong
by William-trading
The Bullion on the Rise Again📊 FX:XAUUSD Gold (XAU/USD) Weekly Market Update Hey traders, While I couldn’t prepare our usual video analysis, here’s a detailed breakdown of the Gold market alongside chart snapshots. Last week, Gold revisited the 2615 level, near the 38.2% Fibonacci zone , which turned out to be yet another bear trap. Many shorts got liquidated, as seen in the surge in short volume. Thanks to our strategy, we stuck with the trend, entering at 2629 . We’re now running a strong 400 pips Open P/L , with Gold currently heading towards the 26.2% Fibonacci zone. 🔑 Key Levels to Watch: Minor resistance expected at 2685 and 2710 before reaching the 2750 target profit. 🔍 Fundamental Backup to Our Trade: 1️⃣ Geopolitical Tensions: Escalating Middle East instability: Rebel forces ousted President Bashar al-Assad in Syria, heightening fears of broader regional uncertainty. Safe-haven demand for Gold surged as investors sought security amidst these developments. 2️⃣ China's Gold Purchases: China's central bank resumed gold acquisitions in November after a six-month break, providing additional bullish momentum. 3️⃣ Dovish U.S. Monetary Policy: Friday’s U.S. jobs report indicated softening labor market conditions, fueling expectations for a 25-basis-point rate cut at the Fed’s final meeting this year. Lower interest rates enhance Gold’s attractiveness as a non-yielding asset. 🔮 Potential Scenarios: Bullish: Sustained geopolitical instability and dovish monetary policy may drive Gold above the 50-period SMA (~$2,678) and closer to our target. Bearish: A reduction in geopolitical risk premium or sticky inflation could pressure Gold toward the 100-period SMA (~$2,586)- very unlikely. Stay sharp, watch these levels, and trade smart! 💡 🧠 Let’s Collaborate! What’s your take on GOLD this week? Share your ideas and charts below in comment. Let’s discuss whether we’re headed to new highs or revisiting support levels! Cheers, The NFX Team™ 💚
FX:XAUUSDLong
by niclaxfx
BTCUSD: Perfect Bullish Area: 100000Disclaimer: This analysis is not a trading advice but a personal opinion only published for the sack of study. Greetings: What do you think about Bitcoin today. kindly share your opinion in the comment section BTCUSD Price Now: 100300 Currently market has experienced a huge drop which was necessary because market had to retest and find the new supporting area for hitting a new All Time High. BTCUSD is still bullish and can go further high. I think its the best area for buy till 105000 which can show a little resistance but if it breaks this resistance then its next target will be 107500. Market is working under a fixed range even if goes down it would not be a drastic fall. Supporting Areas: 100000, 98000 Resistance Areas: 105000, 107500 Demand Zone: 107500 Like, comment and support for more updates on BTCUSD Thanks for your support
BITSTAMP:BTCUSDLong
by ATF_Trades_FX
Bitcoin and altcoin overview (January 28-29)Yesterday for Bitcoin, there were signs of absorption of sales by cumulative delta which led to a rebound. At the moment, we have approached the lower boundary of the selling zone, from where a reaction is naturally expected. Yesterday's scenario is still in effect, and we prioritize expecting sales to resume. Selling zones: $103,000-$105,600(accumulated volumes), $107,000-$109,000(volume anomalies). Buying zones: $97,000-$94,300(maximum volumes of global sideways), $92,000-$90,000(volume anomalies), $89,000-$86,300(accumulated volumes). Interesting altcoins The Ach coin is currently between 2 unprocessed volume zones, so when entering each of them, there is an opportunity to open a trade in the opposite direction if there is a reaction. Buyer's zone: $0.32-$0.285. Seller's zone: $0.37-$0.4.
by Crypto_robotics
CADCHF // Selling scenario, Reversal pattern found on TOP..📉 CADCHF Price Forecast 📉 CADCHF has broken the upward trendline and formed a head and shoulders pattern at the top of the uptrend, signaling a potential bearish reversal. The golden crossover of the 200EMA and 50EMA has already occurred, and the price is now facing resistance at the 50EMA. With the bearish setup confirmed, the market is likely to fall further. 🎯Technical Target Levels: - 0.6280 - 0.6240 📢 Follow for more insights and updates. Don't miss out on the next big move!
Short
by TrendLogic1
1
Monday CLS, Key level. OB in the Premium, Model 1Monday CLS, Key level. OB in the Premium, Model 1 Im positioning myself to the EURUSD Long youu are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
CAPITALCOM:DXYShort
by Dave-Hunter
The 3 Step Risk Managment Booster StrategyThis is important for you to digest the power of risk management is very important for you to understand this next strategy I called it "the risk management booster strategy" is not easy because it will force you to trade with discipline Its very popular to just jump the gun in trading and enter the market order so what is the risk management booster strategy? only use the following: -Stop orders -limit orders -Pivot Points Indicator for entry This 3 step risk management system will help you trade with the discipline that you need in the financial markets to learn more rocket boost this content look at the chart of Tesla NASDAQ:TSLA based on this strategy you can see the place to place a buy order. trade safe. Disclaimer: Trading is risky please learn risk management and profit-taking strategies Also feel free to use a simulation trading account.
NASDAQ:TSLALong
by lubosi