NASDAQ:TSLA
Fibonacci Retracement on NASDAQ:TSLA implies that it may take support on fib level of 0.236 of 176-177 dollar.
Current price structure shows that it has taken resistance of 0.38 of 222 dollars, therefore, it may go down towards 146 to fill the gap. At this level, its RSI will also be oversold which will trigger bullish rally towards 177.
Tesla...
COINBASE:SHIBUSD
Fibonacci Retracement on COINBASE:SHIBUSD suggests that a possible bounce back is expected from 0.00001272 till 0.00001388.
After that a massive short position may take place till .00001000 after which a bullish rally may seen.
Hello everyone, on March 2nd, when EURUSD was around 1.058, I provided a long strategy and a take-profit level. The first take-profit level has been reached now, and partial profits can be taken here, while the rest can be left to wait for the second take-profit level.
Alternatively, all profits can be taken and wait for a retracement near the support level...
A bearish trend can be seen with the LLs and LHs forming along with the trend line. The retracement is seen to the 0.382 fib level at which we can suppose an entry.
NZDJPY is looking to continue its growth after a short term retracement retesting the 84.50 level. As you can see price has created multiple higher lows indicating a bearish run may not be likely at this moment.
Price impulsively broke out of the upper trendline of a reversal structure surpassing previous highs which we should see further upside after a short...
Some basic support and resistance analysis followed by layering the fib retracement shows confluence between the charted lines based on recent price history from 2020. 100 being the down target and 108 being the possible up target.
If we get a drop down on the DXY I expect risk assets to continue another leg up. If we break through the upward resistance I expect...
We see a clear bearish continuation of the trend (Break of Structure) at 11960. We can see that the price went to a zone established recently at the previous trade at 11895, making it a good support level.
Our analysis speculate that we might see a continuation of the bearish trend after this retracement at the resistance level 12005, at then if it rejects, you...
The EURUSD has rallied the whole day.
This is an unusual move for the pair. Considering that
the news (ISM Manufacturing PMI) at 17:00 will not significantly impact the market, it
is possible to have the retracement back to 61% of the total move
as depicted by the green arrow.
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Information Regarding Important News and Figures can be...
we saw tday a big push upwards on ETH, is it all about to collapse intermediate term ? BIAS on higher timeframe showing me a retracement back to $1540 area first in the next few days.
What do you guys think ?
Although we expect DXY to be bullish, a short-term retracement is expected in the overall run. This could mean you could enter a better positions for USD/xxx by setting a buy limits at the next support levels and sell limits for xxx/USD at resistance levels. NFA
Get ready for an exhilarating ride as we witness a big bounce on the upside! The market is currently in the 618 area, signaling a retracement in the 4-hour timeframe. The price is holding steady at 1830, setting the stage for an epic battle between the Bulls and the Bears as they fight for sentiment movement. As we continue on this short run, our stop loss is set...
AUDUSD is trading in a downward channel. On the daily timeframe, the market reahced a major support level.
The market attempted to break the psychological level at 0.67000 but failed.
Price tested the support level two times, potentially creating a double bottom .
We expect a retracement from the support level.
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Share your opinion in the...
SPY is currently trading just above the exact middle of the 2023 price range (398.07).
This will be an important level to watch tomorrow as we close the second month of the trading year.
Something else to consider is support from 396.75 to 397.25, which would correspond with the 50-day SMA (Red SMA)and the top of the range for the highest volume trading day of...
