Hi fellow traders, XAUUSD will be ready to make a move higher from the blue box after completing the flag pattern in ABC formation. It is currently building an ending diagonal structure of the last leg. Target the previous high at the 2680 level. Good luck and trade safe!
We can attempt to short ONGUSDT from specified level if it break HL , also bearish divergence occur indicate that it moves downward. SL , TP mention in chart.
On higher timeframe ( weekly) it seems we are making a complex correction as well, Wave Y are usually a triangle or flat ( in case wave w was a zig zag as in this case) Most probably, it could be a flat, so we can arrive 61.8% area as wave 2 . Also, ADX indicator is about to begin what it seems a new strong trend.
Disclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only. Stock has given break out. Buy above high. Keep this stock in watch list. Buy above the High and do not forget to keep stop loss, best suitable for swing trading. Target and Stop loss Shown...
Lately we’ve seen BINANCE:CHZUSDT drops a lot and had a small ups and downs but I think this is the time to it for new upward movement, by breaking fibo and re-test we might see above 0.08$ for short term and 0.15$ in long term investment Stay tuned
Nifty future and banknifty future analysis and intraday plan in kannada. Positional trading ideas included. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
oil has found itself at some good resistance levels. I believe the pros will shake the market out and we go lower. and only then WITH war oil will rally very high. see my alternative on the chart
bonds trading AT major resistance... a pullback should take us lower
In the near term, and according to the 4-hour chart, the risk skews to the downside. A bearish 20 SMA acts as dynamic intraday resistance, now at around 1.0970. Technical indicators, in the meantime, lack directional strength but remain within negative levels, in line with another leg south. Finally, the 100 and 200 SMAs turned south far above the current level,...
I think Eurusd is being part a complex correction WXY since September 2022. First , we made an intense zig zag ending at July 2023t , then , we made and ABC correction ( wave x ) ending October 2023t, and now it seems we appear to be doing a FLAT Abc as wave Y. If the wave C is already completed as it seems, the crash will be huge.
NZDUSD Breaks Key Resistance Zone Fundamental Analysis: The release of the FOMC minutes today and the upcoming US CPI data on Thursday are reinforcing USD strength. Additionally, the market is anticipating a 25 basis point rate hike by the Federal Reserve at the next meeting. Two weeks ago, Chair Powell reiterated: We have made good progress toward restoring...
The price faced hurdles near a key bearish trend line at $64,200 on the same chart. There was no convincing close above the 100 simple moving average (red, 4 hours). The price corrected gains and declined below the $63,500 level. Immediate support is near the $62,200 level. The next key support sits at $61,400. A downside break below $61,400 might send Bitcoin...
Entry: 1.3442 TP1: 1.3975 TP2: 1.426 TP3: 1.466 SL: 1.309 Price will likely surge back to 1.466 area going into next year, as USD strength will likely return in full force after election season.
GBP/JPY Poised for Bullish Breakout Amid Yen Weakness and FOMC Minutes The GBP/JPY pair appears to be accumulating volume within a large triangle pattern, indicating a potential breakout in either direction. However, my focus is on a bullish move. The Japanese Yen is showing signs of weakness due to diminishing hopes for further rate hikes from the Bank of Japan...
Entry: 0.635 TP1: 0.611 TP2: 0.585 TP3: 0.578 SL: 0.658 Dollar strength will likely return with this new fiscal year beginning.
BUY USDJPY uptrend continuation STOP LOSS : 148.308 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
Entry: 0.69 TP1: 0.663 TP2: 0.635 TP3: 0.619 SL: 0.717 Dollar strength is expected to return in full force after election season.
Palantir Technologies NYSE:PLTR reached a new all-time high this week as the tech firm continues to enjoy a month-long rally that began on Sept. 9 after S&P Dow Jones Indices announced plans to add it to the S&P 500. What does technical and fundamental analysis say might happen from here? Regular readers might recall that I wrote about PLTR some two months ago,...