NSE:ABCAPITAL trade at 236 level, After break 250 level, You can watch for an huge upside movements. Stock ready for giva a breakout after 7 years.
As I have discussed many times previously, we are about to enter the stage where triangles typically will break apart. What will constitute the triangle breaking apart is for price to breach either our purple (a) wave high, or our purple (b) wave low. Price must continue to constrict to maintain the integrity of the triangle. Nonetheless, in my primary analysis...
We are looking at Ethereum and things are not good, support is being challenged... How are you feeling today my fellow Cryptocurrency enthusiast? I hope you are having a great Monday. The week is just starting and we are looking at the weekly timeframe. Ether (ETHUSDT) produced three weeks of green while challenging MA200 as support. The more often a support...
A full month of Range on USDCHF. Oct may be interesting. Get Ready guys.
Using MA200, we can determine if Bitcoin, or any Cryptocurrency, is in bullish or bearish territory. ➖ When an asset trades above MA200, we consider it bullish and it grows. ➖ When any asset trades below MA200, we consider it bearish and it drops. Here we are looking at Bitcoin (BTCUSDT) on the daily timeframe. We can see that it moved above MA200 briefly, for a...
XAU / USD trend forecast September 30, 2024 Israel escalated its conflict with Iran’s allies, the Houthis in Yemen and Hezbollah in Lebanon, launching airstrikes on Sunday and raising fears of a wider Middle East war. The Israeli Defense Forces reported targeting several locations, including power plants and a seaport in Yemen. In Lebanon, Israeli strikes...
Bullish bias on EURUSD for a good move of 2X on 1H frame.
Etherum is yet to give a good entry for buy or sell. From chart analysis on the long term view, we have higher probability for bearish move than bullish. Also, my short term trading position will be short after a bearish breakout from the raise channel, with first and second targets at 2604 and 2336 respectively. However, looking at the coming NFP economic data...
After flipping the 64K support zone to resistance BTC is short term bearish. Short postion is in play after retracing to the support zone. Right now the only clear support I can see is at 57.5K. Coincides with the 0.382 fib, Fair value gap is also around this area.
We can clearly see that it has attacked the strong red resistance line and is breaking. The main next move can be a solid crossing of the red resistance band Crossing this band can be the beginning of the next growth So wait and be careful
The earlier bearish prediction on silver was confirmed, as the price declined from the indicated blue resistance today. Analyzing the 4-hour timeframe, I identified another bearish signal: a breakout below a significant horizontal support level. I anticipate further bearish movement toward 30.55.
We are with the sale of the S&P 500 stock and have identified the specific areas that we expect to reach
Red boxes for the week ahead. GOLD – 4H RED BOXES: 2665 break above for 2672 / 2685 / 2701 / 2707 2650 break below for 2635 / 2624 / 2620 Have a look at the previous pinned posts on Red boxes to familiarise yourself with how they are so effective in keeping traders the right side of the markets. Red Boxes: Many of us sit and wait for the perfect entry, I can...
USDCAD is almost neutral on its 1D technical outlook (RSI = 44.464, MACD = -0.002, ADX = 19.851) as it rebounded on August's low. This is a similar price action to the April-May 2023 sequence and as long as the 1D MA50 contains the price under it, we will be bearish. Our Target is just over the S1 Zone (TP = 1.32500). ## If you like our free content follow our...
NQ is Exploring lower end of short term range. Current range between 20,436 and 20,134. Orderblock still open above as possible bullish target for restest and fail, or retest and new move up.
Due to an unsurprising rate hold, the Aussie was among the top-performing currencies in the major forex markets. Meanwhile, the dollar fell against AUD and several other currencies as the recent Fed cut continues to downplay the greenback. Have any fundamental outlooks changed for this week compared to our last report? Let's find out. Market Overview Below...
### Chart Overview: The chart illustrates price action for gold (XAU/USD) on the **hourly time frame**. Key technical features such as **Higher Highs (HH)**, **Higher Lows (HL)**, and **Lower Lows (LL)** have been marked, with price movement forming a clear channel. ### Key Elements in the Chart: 1. **Channel Formation**: - The price is moving within a...
AUDUSD is almost overbought on its 1D technical outlook (RSI = 68.054, MACD = 0.006, ADX = 53.204) as the price reached the HH trendline at the top of the Megaphone pattern. The 1D MACD printed a sequence almost identical to the December 28th 2023 top, which soon after declined to the 0.5 Fibonacci level. Consequently, we take this as a strong sell signal, aiming...