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...
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased...
Despite escalating tensions in the middle east, TVC:USOIL keeps declining. The market seems more focused on global economic growth beyond other factors. Now that the US is the largest oil producer, Geo-political tensions have less of an effect on global energy prices.
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased...
The price hit a strong support level. Price made a double bottom. RSI is moving up showing bullish momentum. Small scalp with 1.45 R
Uptrend and Bullish. So far no sell signal since first breakout in Mar 2023 Successfully breaks resistant and formed new support at 20 and 30. Turtle, MCDX and FIFT parameters are still BULLISH except there's sign of Bearish Divergence in FIFT where buying Volume seems weakening (It's a sign, Not a Signal - Hold). Support 30-32, Next target 40, 45.
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased...
We brake trend line on 1h and brake uptrend. daily divergance is reson for shorting.
SXP ~ 1W #SXP Go back to this support block. if you have Conviction on this coin,. This is a great time to make purchases in stages.
After created Wave 5 elliot. DXY will Run ABC and the target price is 92.1
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NIFTY will open gap up in today's session. Expected opening near 26000 level. Possible reversal downside from this level upto 25850. In case, Nifty gives breakdown and starts trading below 25800 level then possible strong downside in today's session. Now upside rally only expected if nifty starts trading and sustain above 26050 level.
Although you should never be bearish when SP:SPX breaks ATH, i think a short term minor sell off would be healthy given the bearish divergence forming on the daily. The 200D MA would be an ideal buying opportunity. However, its more likely we keep crawling to 6000
Modest performance and reducing selling in Pricol.There may be a turn around in the trend soon add to your watchlist.
DOT ~ 1W #DOT Price reaches the demand zone again., Make purchases gradually with a target of at least 20%+ from here.
TVC:DXY might have a short term relief rally this week before continuing its march to lower lows. Factors contributing to weakness can be economic data and/or FED being more dovish than expected
Today will be gap up opening expected in banknifty. Expected opening near 53500 level. After opening possible reversal from this level. If banknifty gives breakdown of 52950 then possible strong downside of 400-500+ points in banknifty. Downside 52550 will act as a support for today's session.
No bias, just based on TA Current Price Action AMZN is currently in a downtrend, forming lower highs and lower lows, indicated by the descending channel on the chart. Price is consolidating around $185.67, which suggests the potential for either a short-term bounce or continued bearish momentum. Support and Resistance Levels Resistance Levels: $189.55 -...