The oversold RSI and proximity to the lower Bollinger Band suggest a potential short-term rebound. However, this should be viewed as a corrective move unless confirmed by strong bullish signals, such as a break above key resistance levels and moving averages.
The breakout of a key daily resistance opens more growth potential on USDJPY on a daily. After quite an extended bullish accumulation within an ascending triangle formation, the price bounced yesterday and closed above its neckline. I think that the market may reach 160.0 level soon. ❤️Please, support my work with like, thank you!❤️
Technical Analysis: Gold The price has risen from 2323, as mentioned yesterday, and has successfully reached our target of 2357. Current Outlook: The trend remains bullish today, with the price stabilizing above 2357 and 2362. As long as it stays above these levels, it is expected to reach 2377 and 2386. Bullish Scenario: As long as the price trades...
S&P 500 Index Technical Analysis The price has declined from its resistance level of 5529 and is currently trading in a bearish zone. As long as it remains below the pivot line, the bearish trend is expected to continue towards 5410. Intraday Analysis: Today, the price is likely to stabilize below 5479, maintaining the bearish trend towards 5440 and 5410. ...
Hello traders , This my idea for Short. GBPCHF Once 4H Sell Candle confirm lets go for short. this is my ideas only. what you are flow your trading statistics you can continue. If you need more my ideas follow me
NSE:TIMETECHNO Time Technoplast Limited and its subsidiaries produce and sell various technology-based polymer and composite products in India and globally. The company operates in two main segments - Polymer and Composite. The range of products includes industrial packaging products like drums, containers, and intermediate bulk containers. ...
Analysis: NU Holdings Ltd. Has returned 45% YTD and currently maintains an average volume of 22.29M . Price has been stuck in consolidation since early May. Price has had four (4) attempted breaks of structure since. Watch for breaks or advances in "Support Resistance Structures (1) & (2)". Watch for a clear break "Support/Resistance D" before consideration....
Gold held steady around $2,360 per ounce on Friday, hovering at its highest level for two weeks, and set to post its second weekly gain, as soft US economic data reinforces predictions that the Federal Reserve might lower interest rates this year. could provide further insight into the economy's strength. 🔴SELL GOLD: 2388 - 2390, SL: 2394 🟢BUY GOLD: 2345- 2343,...
Hello traders, The bearish channel is obvious in the chart! you can see that upward moves are weak but the downwards are so strong. I consider the trend to be bearish. However, while my total bias over the pair is still bearish I think any breaks over the zone might lead the price to reach the next strong zone which is around 1.0790 At the same time breaking the...
FX:GBPUSD is losing after a prolonged struggle for resistance. A major player does not let the market beyond 1.2800. On the background of the dollar growth, the currency pair may change the local trend The fundamental background is unstable, the US dollar is still going through Wednesday, but based on the position of regulators the dollar looks ready to...
I think that AUDNZD may retrace from a key daily resistance. After its test, I spotted a breakout of a trend line of a rising wedge pattern on 1H. It gives us a strong intraday bearish confirmation. Goal - 1.086 ❤️Please, support my work with like, thank you!❤️
The XRP’s price has dropped to a significant support zone at the $0.4504 level. This is the fourth time the price has returned to this area. Historically, the price has bounced off this zone. An increase in trading volume is also observed in this price area. This zone serves as an accumulation area. In the future, a sharp price drop can be expected with the...
Gold has been on a nice run, breaking out of the pennant it had been coiling in before doing away with the downtrend dating back to the record high set in May. Momentum on the 4H timeframe remains to the upside with MACD and RSI signaling building strength. While the latter sits in overbought territory, it’s not at the level that warns of an imminent risk of a...
NFL is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains. Entry: Enter a long position at NFL's ATH price + 4% (155.15) Initial...
On Week Chart GALA has been downing to Golden Ratio Zone and touch lower trend line of Fibo Channel Wait it creates bottom and have some signals for reversal Time will tell
Coursera has been correcting ever since it IPOed. It hit a high of $60 and now it's declined nearly 90%. Based on the chart, it looks like the downtrend should be ending soon. I'd like to see backtest of that trend line break at around $5.80 and a push higher to start the new bull trend. Think we'll likely see that $19 resistance get tagged after this chart...
Some guidance for those who plan trading GME. Please be aware that this is a high volatile meme stock and size your position accordingly.