Developing triangle on SPY. The context doesn't provide much clue which direction it will resolve. We have clear trend reversal signs on daily chart (Lower high is set) but weekly consolidation has not yet started so there is still opporunity for bulls to set daily higher low. Adding to bearish side is slightly unfilled gap from Tuesday. But this is very minor...
❤️Forex Besties❤️ INFORMATION The UK economy has experienced a notable downshift since the start of 2023 which culminated in a technical recession for the second half of the year. Worse-than-expected GDP data for the fourth quarter revealed a 0.3% contraction (QoQ) to mark two successive quarters of negative GDP – the definition of a technical recession. 🔥BUY...
Piramal Enterprises has formed Descending Triangle pattern Stock has given huge breakout around 930 levels Target would be around 1150-1100 850 is Strong support for long term If we correct then prices may take support around 850 levels. Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
ZEEL is around Long term Support Support zone is around 130-150 And Stock is also making falling channel on a weekly timeframe. Falling channel support is around 130-150 If we connect the dots we can see 1301-50 is the strong support zone. We can expect price to bounce 150-200% from current prices. Disclaimer : We are not SEBI registered analyst. Do...
FAIRCHEMOR stock has made Big Broadening Pattern And around the support of Broadening pattern stock has made Ascending Triangle pattern Also Stock has given Breakout of Ascending Triangle pattern We can clearly see Breakout with Huge Green Candle!!!! Stock can show 2100 levels in coming weeks Which is 50% from here on. Broadening Pattern target is 3000+...
Today's focus: Nickel (XNIUSD) Pattern – Diagonal Pattern Support – 15,840 Resistance – 17,198, 18,500 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Nickel on the daily chart. We have been watching Nickel for a few weeks now, traders, as the consolidation pattern continues to drag out. The shape of the pattern at this point is...
❤️MY FOREX TEAM❤️ INFORMATION Gold price is set to finish the week with losses, even though has recovered some ground. According to the daily moving averages (DMAs), XAU’s is upward biased, but since reaching $2088 on December 28, it has printed successive series of lower highs/lows, opening the door for further downside. If XAU/USD prints a daily close below...
VIP Industries has given Zero Returns from last 3 years VIP Industries Stock currently around the support which was working as Resistance. Stock has also formed Falling channel in short term and now around 500 levels is coming support from these 2 factors. So stock is around the support and looking good for swing trading ! Disclaimer : We are not SEBI...
SUSHI after breaking above the short-term resistance can go up. Here is the potential entry zone with TPs and SL 🔵Entry Zone 1.224 - 1.280 🔴SL 1.1304 🟢TP1 1.3909 🟢TP2 1.4697 🟢TP3 1.6079 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not...
❤️Forex Besties❤️ INFORMATION The cross between the Canadian Dollar and the Japanese Yen is seen as a strong substitute for the USD/JPY pair when a trader is wary of trading the US Dollar. However, CAD/JPY is historically more sensitive to changes in market-wide sentiment than USD/JPY due to the historically higher yield attached to the Canadian Dollar. NEXT...
❤️Forex Besties❤️ INFORMATION Gold price attracts some buyers amid sliding US bond yields and subdued USD price action. Geopolitical tensions in the Middle East further lend support to the safe-haven XAU/USD. Delayed Fed rate cut bets could underpin the USD and cap gains for the non-yielding metal. 🔥Sell Gold 2013 - 2017 SL @2022 ✅TP 1 @ 2007 ✅TP 2 @ 1985 ✅TP...
XAUUSD is repeating the same pattern from September 23. if XAUUSD repeat this pattern then XAUUSD is definitely going to ATH.
Alert! Bearish Pattern Spotted! 🐻 📊 Pattern: Rising Wedge 📌 Symbol/Asset: RELIANCE 🔍 Description: Stock is making rising wedge on a smaller timeframe. Reliance is around curve resistance shown in the previous post. Reliance resistance is around 2980-3030 Connecting the dots shows Reliance should fall from here on. 👉 Disclosure: We are not SEBI...
Alert! Bearish Pattern Spotted! 🐻 📊 Pattern: Curve Resistance 📌 Symbol/Asset: RELIANCE 🔍 Description: Reliance is near the resistance of curve on a weekly timeframe. We can see correction of upto 15-20% from this prices. Resistance is around 2990-3020 and Reliance stock should fall from these prices. 👉 Disclosure: We are not SEBI registered analysts,...
🔮 #ONE Analysis - Breakout 🚀🚀 💲💲 As we can see that there is a formation of Descending Triangle Pattern in #ONE. Currently the price is trading above its major support area. Breakout will indicate a bullish move here.📈📈 💸Current Price -- $0.01588 📈Target Price -- $0.02923 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according...
The long-term view (eagle view) of EURAUD is bullish, but in between we can see a bear setup based on the 1HTF. A preceding impulsive move of a bearish continuation pattern (Flag). Patiently waiting for this pattern to build up. The short-term flag pattern suggests a potential downside move within the larger bullish trend. We may see a rejection of price at...
Hi Realistic Traders, let's delve into the technical analysis of NYSE:DIS Following the breakout of the bearish trendline and double bottom pattern (signaling a Bullish Reversal), Disney sustained its upward trajectory beyond the double bottom and the EMA90 Line. Furthermore, a falling wedge pattern emerged near the EMA90 Line, suggesting a continuation of...
Following a brief pause, the previous upward trend is poised to resume. A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper...