Seasonal timelines have been drawn on the chart. MFFL stocks have been seen historically going up in the month of October till first week of December i.e. for average 1.5 months and then going down. This happens because of the citrus export and selling locally as well. While from March till Aug it mostly relies on selling finished food products like jams....
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 147.12, which is a pullback support close to 23.6% Fibo retracement. Our take profit will be at 149.46, a swing-high resistance. The stop loss will be placed at 145.83, which is an overlap support level close to 50% FIbo retracement. High Risk Investment Warning Trading...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8545, which is a pullback support close to 23.6% Fibo retracement. Our take profit will be at 0.8623, a pullback resistance. The stop loss will be placed at 0.8491, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1006, which is a pullback resistance close to the 23.6% Fibo retracement. Our take profit will be at 1.0940, a pullback support level close to 127.2% Fibo retracement. The stop loss will be at 1.1081, an overlap resistance level close to 50% Fibo retracement. High...
AGL trying break through it's recent highs and had consolidated around this level. with overall mkt sentiment this time it might break out. with a tight stop can see if it going to work. DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The...
Gold prices fluctuated in a narrow range in early Asian trading on Monday and are currently trading around $2,647 per ounce. Gold prices closed slightly lower after a sharp fluctuation last Friday, as a stronger-than-expected US jobs report poured cold water on expectations of aggressive interest rate cuts by the Federal Reserve in November, boosting the dollar to...
**Microsoft Value Correlation to USD and Interest Rates >We are approaching oversold region for both correlations **Election Year Seasonality forecast >Setting up for a Bullish move on October 10 Technical Analysis: 1. Price could reach the highlighted Demand Zone and bounce. 2. Price could also reach the Gap Below the Demand zone. Price Gaps are like magnets...
Chart Pattern- Big M Potential Reversal Zone (PRZ)- 1.12150 EURUSD declined after upbeat US jobs data. It hit a low of 1.109588 yesterday and is currently trading around 1.109750. Intraday bias remains bearish as long as resistance 1.1060 holds. The pair is trading below 34- and 55 EMA in the one hour chart. The near-term resistance is around...
We still don't have confirmation on the white vs turquoise count. I am beginning to lean towards the turquoise, but the white has yet to be made invalid at this time. I don't have the fibs on, but we're right at the 0.5 retracement fib of the white wave 3. Should price continue higher, then I will revert to the turquoise count. In short, if we move lower from...
The Aussie (AUD/USD) is falling towards the pivot which is an overlap resistance and could reverse to the 1st support level which has been identified as an overlap support. Pivot: 0.6822 1st Support: 0.6749 1st Resistance: 0.6867 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
As a follow up to my DXY short call, I am presenting you with USDJPY. Similarly, I think it has completed wave 2 and will be starting wave 3. What this means is that JPY will be strengthening very seriously. It could also mean that Nikkei is going to fall into a serious bear market.
The Disciplined Trader How to Enter the Chart for Intraday Trading: 1. Identify Candle Closure: ○ Look for a candle to cross your predetermined zone and close beyond it. 2. Validate the Break: ○ After the candle closes, if the current new candle breaks the previous high (for buys) or low (for sells), the trade is valid. ○ Refer to point 4 for additional...
Sharing my trading idea and experience for FX:HKG33 From previous post, the 1H chart has been bullish. I have taken the profit and thereafter trying to find re-entry position. However, without checking the shorter time frame 30m, 15m it turns bearish for the shorter time frame. Re-entered at 22500. As you can see from the chart. It's is a...
Bias: No Bias USD News: None Analysis: -Price is consolidating in daily structure -Waiting for a retest on daily rejection -Looking for BUY/SELL if there's confirmation on lower timeframe -Pivot point: - Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not...
WIFUSDT perpetual may go downside from BEARISH ORDER BLOCK There is a bearish order block between 2.4984 and 2.4028 . The selling pressure may apply on that area. so we may see the price come down. lets see what happen. I have analyzed the charts using Advanced price action theory SMART MONEY CONCEPTS . My analysis suggests open the position at order...
After K1 break up the initial uptrend channel, a bearish harami pattern of K2 and K3 stopped the strong bullish momentum. The market turned to be more neutral. It seems that a consolidation will lasts for months here. And the decreasing demand also verified it.
S&P has failed to make all-time highs Dow has failed to make all-time highs Nasdaq has failed to make any new highs Russell has failed to make any new highs Oil rips on Middle East escalations Dollar rips on technical support and bear trap play. Dollar is a big component to the stock markets edging higher for the remainder of the year (e.g. dollar strong =...
I checked GBP tri-monthly chart which is not usually posted here -- and the pair is already telling us something on the direction it wants to go at broader long term spectrum. On the tri monthly data, GBP has started shifting its trend --- bouncing off it perfectly on a 38-year long standing very solid support. The pair's last visit to this price range was on...