Several fundamental drivers backing the physical market of platinum and palladium such as institutional positioning, supply constraints, new deposit discoveries declining and misunderstood demand drivers across industrial market. Technicala offer a fairly simple setup based on a multi-year trendline starting from 2016 and a fib retrace to pull the price inline...
EUR/USD Technical Analysis: Current Outlook: EUR/USD is currently consolidating around the pivot level of 1.1000, with a potential bullish scenario on the horizon, especially with today’s anticipated inflation data, which is expected to show a weakening USD with a CPI result of around 2.5%. This could drive EUR/USD higher in the near term. Best Scenario : A...
Friday, I posted two targets in ES: 5619 and 5630. We hit 5630 by 10am. It was a battleground for the last two weeks of August, and we’ve been stuck here ever since. *Avoid overtrading around this .* As of now: 5619-22 is weak support. Holding that keeps 5642 and 5660 in play. If 5619 fails, looking for a dip to 5604 and 5598.
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USDJPY Analyze The overall trend remains bearish as long as the price stays below 141.020, with downside targets at 138.470 and potentially 137.450. A corrective move toward the pivot line at 141.028 is possible before the bearish trend resumes. However, if the price stabilizes above 142.100 with a 4-hour candle close, a bullish move of 141.030 extends toward...
Well, we made 5 waves up, now looking to short it to the top of wave 1. Goog luck!!
15m: Took buy-side inducement and cleared the entire day's buy-side liquidity. 15m NY Killzone: Took buy-side liquidity, and with no significant buy-side liquidity available, the market is likely to turn bearish. Additionally, the market took the 15m inducement and today's entire buy-side liquidity. Entered a short position after the NY Killzone gave a bearish...
According to the resistance in the range of 2589 After breaking this area, expect to climb up to the range of 2605 and 2628 Otherwise, after the failure of its support in the range of 2527, we can expect the range of 2473 to continue falling.
DOW JONES in the resistance range of 41490 After the failure of this area, expect the index to rise to the range of 42131 and in case of strength, 42536 Otherwise, and the failure of its support in the range of 40000, we can expect a drop to the range of 39278.
entry range ( 0.076 - 0.0805) Target (0.1999) SL .4H close below (0.0757) *** very near stoploss & very nice profit **** ************************************ BINANCE:RDNTUSDT ...
The EURUSD pair rebounded on Friday on its 4H MA50 (blue trend-line) and today the price is testing the top (Lower Highs trend-line) of the 3-week Channel Down pattern. This presents an strong sell opportunity on an excellent Risk/Reward ratio and the upside is limited to the top but the downside having much room to drop to the bottom of the Channel. The previous...
DCB (Nse) MTF Analysis DCBI Yearly Demand Breakut 126 DCBI 6 Month Demand DMIP 92.25 DCBI Qtrly Demand BUFL 119 DCBI Monthly Demand DMIP 131 DCBI Monthly Demand DMIP 117 DCBI Weekly DMIP 123.55 DCBI Daily Demand BUFL 1141 ENTRY 123.55 SL 115 RISK 8.55 Target 166.45 REWARD POINT 42.9 Last High 145 RR 5.02 RR 35%
The first interest rate cut of the cycle is finally here, we will find out what the Fed decides on Wednesday and there is a growing feeling that a 50 basis point is adjacement is possible. Whe. it comes to APPLE ,Apple Inc. (AAPL) is experiencing a mix of factors influencing its stock performance in September 2024. The company’s recent product launches,...
Monday 160924 On the monthly timeframe EURUSD is making a bullish range expansion in correlation with the movement of the dollar index. Its in a 3 wave pattern with this being the third leg, I have marked out a bullish order block below the Asia Low on the H1 timeframe and I will capitalize on it after sweep of the Asia Low with confirmation both time and...
Just 14 days ago, we analyzed NVIDIA and concluded that we might see a small push upward followed by a pullback. We were correct, although the last small push didn't materialize. Still, we're pretty happy that we called the top on NVDA accurately, and perhaps some of you were able to capitalize on it. If so, that makes us even happier 😄 Since our last analysis,...
My swing plan just might not go through to trade into a discount and go long from there. Fundamentals on the dollar don't cooperate with my plan. I might have to take a breakeven trade and start making another plan after the stop is hit.
Charts always tell a story. Not familiar with the fundamentals of ethereum at this moment but expecting another %30 correction from here before i long eth/btc.
A Fresh stage 2 Multiyear Flag breakout move. Why I consider this attractive ? 1) The stock has broken out of a 3 year old consolidation zone - Flag Breakout. June 2021-Aug 2024 2) The stock as compressed for 2 months at the breakout level. 3) Overhead supply is very minimal. 4) Daily has broken out of the compression at Flag Breakout level, retested and...