I don't know why I didn't share my Ethereum analysis earlier, but it's not a problem. I'm sharing it now with some modifications for you. I conducted this analysis in a multi-timeframe manner because the chart isn't clear. First, I analyzed the four-hour timeframe, as shown in the image. We're in a descending channel, but what caught my interest is a bullish trend...
NASDAQ:TSLA looks to be close to making a short term bottom. Thinking we could see price find support in the $131-137 range and then with earnings see a push to $200 or so. NASDAQ:TSLA has been the leader to the downside and it looks to be nearing exhaustion. Would make sense for the leader to the downside to end up being the leader to the upside should the...
Today we made a good profit in gold long and short transactions, which gave us a good start for this week's trading. First, we shorted gold near the 2323 position in the morning. When gold fell back and touched the 2316 position many times, it stopped falling, so I closed the position near the 2317-2316 position in time to lock in profits in time;Then we went long...
📊Analysis by AhmadArz: 🔍Entry: 9.780 🛑Stop Loss: 9.200 🎯Take Profit: 10.270 - 10.787 - 11.304 - 11.811 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
This is a sell setup in the EURUSD. Reasons A rejection of the downward trend line A rejection of upward channel I am expecting a breakout from the upward channel and a retest of the trend line before selling.
We can attempt to short AUDCAD from specified level as it break HL , trendline support , also there is bearish divergence which indicate that it move downward. SL , TP mention in chart.
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 77.450 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 75.600 which is a level that lies underneath a pullback support. Take profit is at 79.900 which is an overlap resistance
Analysis by: EZ7strategy 🎖 📊In these patterns in the chart, the long-term trendline, which we are waiting for a failure to climb, and next to it, the buying areas that have places to be touched at any moment, which is consistent with the end of the second leg of the second move. 🎯Please exit according to the targets and stop loss must be placed. Primary entry:...
SPY created a weekly sell model, we targeting the low. Ideal area is going to be $460-480. All we did was a bearish retest and filled the -FVG and nuke.
Hello, everyone, and welcome, subscribers. Please share your personal opinions in the comments. We kindly request your boosts and subscriptions. Expectations for a rate cut have increased due to the Fed's more dovish stance than anticipated at the FOMC meeting and the slowdown in the US labor market. The Fed's first rate cut of the year is forecasted to begin in...
Here's a set up that will be meaningful: NASDAQ:TLT breaking out through the downtrend AND weekly EMA30. The area to watch in the green box 👁️✍️
Trading Plan for Tuesday, May 7th, 2024 Market Sentiment: Bullish, but increasingly cautious following a strong breakout. The RSI is deeply overbought, increasing the risk of sudden pullbacks. Proceed with heightened awareness of volatility. Key Supports Immediate Supports: 5186-88 (major), 5163 (major) Major Supports: 5144-46 (major), 5060-65 (major) Key...
After a breakout of a key horizontal resistance, NASDAQ retested that and formed an ascending triangle on an hourly time frame. A bullish violation of its neckline is an important intraday bullish confirmation and a clear sign of strength of the buyers. We can anticipate a growth now at least to 18100 ❤️Please, support my work with like, thank you!❤️
CADNZD is showing signs of a potential bullish reversal based on the formation of a Bullish Bat Harmonic Pattern (XABCD) with Point D coinciding with a Potential Reversal Zone (PRZ). This zone is further supported by key factors including a significant support area, a 4-hour trend line, and a bullish divergence on the RSI indicator. Bullish Bat Harmonic Pattern:...
The stock has been in an up trend. It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now. It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe. One may also consider this for a swing opportunity , RSI intact in all time frames. Weekly price action shows,...
Hi Guys. As always, heres a macro chart setup i've found to be a MUST WATCH, at the very least if not a potential long. Analysis done on 1 week, indicating a macro analysis. Alibaba (BABA), at current prices is roughly 75% from its blow off top in 2020. Around October- November 2022, we tested support at the historical bottom and bounced to test the Resistance...
Trading Plan for Monday, May 6th, 2024 Market Sentiment: Uncertain, with bulls seeking further confirmation after exceeding a major resistance level on Friday. Consolidation and complex, level-to-level price action are likely. Key Supports Immediate Supports: 5145-50 (major), 5136, 5116-13 (major) Major Supports: 5082-77 (major), 5067 (major), 5060...
The GBPUSD has surpassed and closed above a strong horizontal intraday resistance cluster and a significant descending trend line. The broken vertical and horizontal formations now create an expanding demand area. I anticipate a bullish trend starting from the highlighted red zone, with targets at 1.2618 and 1.2690.