Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
HDFC life is a underperformer for Many years. Stock is forming Broadening Pattern in a long term We can see stock has bounced back from the support and now in an uptrend stock has formed Falling wedge Which indicating that stock may go up from hereon Also Stock is around the support of Falling wedge Long term support is around 480-500 levels. One can...
hello traders this my trading setup Strategy : institutional tactics If you like my idea please hit the like button, follow and show some love wish you good luck and good trading
Nifty forms a wedge or triangle pattern in 15min time frame and double top completion spot may have high chance of reversal from 22000 mark
Bitcoin has been trading fairly neutral over the month or so. In the process, an inverse head & shoulders has been formed. This is classically a bullish reversal pattern. In my eyes, this could be the definitive pattern to shoot BTC back towards the ATH around 73.5k, potentially even making a new ATH. Note: the pattern has not been confirmed yet, so wait for the...
📈 Dow Jones Rollercoaster Update! 🎢 Hey traders! 🚀 Exciting news from the Dow Jones Industrial Average! 🌟 After a wild ride down from its all-time high, we're seeing some serious action! 🎉 📉 First off, we've been on a downward trend for a while now, but guess what? 🤔 There's a new sheriff in town! 🤠 The daily chart is showing us a flashy double bottom pattern. 🔄...
#CHZ/USDT #Analysis Description --------------------------------------------------------------- + Looking at the weekly chart, CHZ is displaying a distinct breakout from the channel, indicating an overall bullish signal. + Examining the higher timeframe reinforces this bullish sentiment. + On the lower timeframe, we might anticipate a price pullback, presenting a...
CRYPTOCAP:BNB is forming a beautiful triangle I inicially thought it would form a parallel channel, but no, as you can see the channel is still on chart (in yellow) Breakout from this triangle will give us 27% from today price Expect some more downtrend for a few days before the breakout, as the Detonator indicator (purple) is riding on top of oscilation
I've made several analyses on ADA before where I talked about this parallel channel and argued that there's a possibility of ADA going for the top of the channel in the coming bull-cycle. It's not a likely outcome, but with a R/R ratio of 116 it's worth the risk. This could be your best ADA entry for the rest of your life. The best entry would be from the...
BONK has reversed from the previous local top, making it a double top reversal. I'm not betting on further bearish price action, but in case it does, I'm waiting for the price to reach the bottom diagonal support for a quick reversal entry. Target at the top resistance, stop below the most recent local low.
Interesting weekly candle, a hammer that needs confirmation in the next 2 or 3 weeks. These types of patterns require confirmation within the following 2/3 sessions, they represent a retracement in the majority of cases, only if seen on the top or bottom can they represent a reversal, here we have no such scenario, the candle has manifested itself during an...
The market to continue moving lower prices support line2277.345 than we can expect a rebound from it, potentially support the resistance. I think the market might moves up to resistance level My goal is a resistance level of 2326.515
The price is moving in a downward direction to establish a possible pattern. This pattern is only drawn for a schematic view and it may move down in a different direction. Money management is mandatory.
Based on the wave counter that has been done, you can see that in the 4-hour time frame, there is a lot of possibility and potential to reduce the price to at least 1.1955.
According to the price chart, NZDUSD will probably fall in the 4-hour time frame and will go down to the 0.57540 range. This is an idea that has a lot of potential to be realized, but it should be entered into the transaction with capital management and with low risk.
This analysis is based on a massive rising wedge pattern that has been developing over 7 years at this point. It's a long-term trade, so we have to be patient. The trade is simple; we're going to wait until the top of the next bull-market to enter a short on ETH. When this trade will activated remains to be seen. I'm waiting for ETH to touch the top resistance of...
In this analysis I want to elaborate further on my previous analysis where I talked about the daily RSI of BTC almost being oversold, which is historically a great time to buy during bullish long-term trends. As seen on the chart, I'm looking at both the RSI and the diagonal purple trendline. Ideally, the daily RSI will be lower than 30 and BTC will be trading...
""The time to buy is when there's blood in the streets." A quote that most traders are familiar with. It basically means to buy assets during periods of weakness. Bitcoin is currently experiencing a very volatily bearish period. With a daily RSI sitting around 32 points, it takes just one red day for the daily RSI to hit oversold levels. During strong long-term...