EURCAD has broken upward trend line and submitted low high and lower low that is an indication of downward movement price is currently in correction mode, short sell entry near the trend line is recommended.
trade already hit Sl plan followed 30 min break, 1 hour break divergence confirmations hit daily support reminder that i can actually lose lol .. after having such a long streak wait for Uk open , if i see a move, il try one more trade for a break even and call it a day. 30 min div , with large engulfing 30 min and il get in again otherwise, might call this a day
Tesla (TSLA) was down more than -8.00% in pre-market trading after reporting its lowest profit margin in over five years and missing second-quarter earnings expectations. This was largely due to cut prices to revive demand and increased spending on AI projects. This however can technically be a buy opportunity in disguise as following the ATH Lower Highs...
Rejection at 2,500 mean it might go back down but long-term it's as precious as Gold is!
The USDINR pair broke this week above Resistance 1 (83.700), the long lasting level since the week of March 18 and following a strong rebound on the 1W MA50 (blue trend-line), the break-out should technically lead higher. The long-term pattern remains a Rising Wedge and we expect at least a symmetrical +1.29% Bullish Leg to price the Higher High, similar to the...
Hello traders ,what do you think about GOLD ? After breaking the support of the 2400 zone, the price has returned to its top. As long as the price is above the specified support zone, it is expected to grow at least to the specified levels. If this post was useful to you, do not forget to like and comment.❤️
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 79.03 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 80.70 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6622 which is a pullback resistance. Stop loss is at 0.6656 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at 0.6578 which is a swing-low support that sits...
This play is meant to be just a simple quick scalp to the upside in the event we pullback a bit towards the previous range of consolidation
Taking a look at the 1 hour timeframe, gold has been recovering quite well from the drop we saw last week. I'm now just waiting to see how this 1 hour candle closes out to help me with my next decision.
Jasmine coin Pattern 2 bottom Risk rewards ratio >1.5 First target 3 Second target 3.7
The GBPJPY pair is currently on a 3-week correction, the strongest and longest since the one that ended on the week of December 11 2023. That was also the last time the pair closed a 1W candle below the 1D MA50 (red trend-line). As the long-term pattern is a 22-month Channel Up, every 1W candle closing below the 1D MA50 is a buy opportunity. The last Higher High...
With that giant W and daily supply area I believe the sell is near. Feel free to sell with first rejection H4 here. Expect the Green Box. But dont make haste! wait for the proper signal, your stop loss is above the Supply area.
United States Ether exchange-traded funds (ETFs) posted net inflows of $106.6 million on their first day of trading. Ethereum (ETHUSD) saw the massive inflows led by BlackRock, Bitwise and Fidelity overcome the outflows from Grayscale and that may have set the tone of a new ear of growth for the market. Much like Bitcoin's ETF launch back in January, ETH may see...
Rumor has it that ETH ETF trading will start tomorrow If memory serves, with the start of BTC ETF trading, the price of Bitcoin 💰 rose briefly, and then a 2-week correction followed... And then there was a without correcting rise #BTCUSDT price from $40 to $70k We model approximately the same scenario on the OKX:ETHUSDT chart As long as the CRYPTOCAP:ETH ...
EURCHF pair in past week is in down trend. Formed bearish divergence on RSI coupled with Rising wedge pattern and we entrered the position at the breakdown of the wedge. Now applying the harmonics it is forming a Bullish Harmonics ABCD Pattern with projection of PRZ (Potential Reversal Zone) at major key level where the pair had previous consolidated before the...
Just sharing on Gold Trading- Weekly Candle last week seem like shooting star pattern which is posibility on this week should be continuesly to drowntrend. Base on Harmonic Pattern there is PRZ on this zone D leg. Should be nice entry for short now TQSM
Dear Traders, i expect price will be bounce off from Support level that i specified in chart, Dont Forget like&Comment please ! Regards, Alireza!