SPOT has made a nice and tidy breakout of the wedge on the daily. Looking to enter on a break of Thursday's high around $195.50. Targets $200 $202
After a long mega bull flag formation breakout and retesting its support Now a potential ABC wave bullish pennant in progress Entry: Pennant breakout confirmation SL: Below pennant T1: 100% ext. Fibonacci - 15+ baht T2: 161.8% - 18+ baht Indicator: RSI week bullish divergence breakout Always trade with affordable risk, respect your stop
Long side It sounds like you're describing a trading position on the GBP/USD currency pair, indicating that you're taking a "long" position. In forex trading, going "long" on a currency pair means you're buying the base currency (in this case, GBP) while simultaneously selling the quote currency (USD), with the expectation that the value of the base currency will...
Global gold prices are holding steady, with spot gold registering a modest increase of 2.3 USD, reaching 2,043.6 USD per ounce. Gold futures, in the latest trading session, settled at 2,050.7 USD per ounce, marking a 1.2 USD uptick from the previous day. After a four-session decline, the world gold market has found stability, as investors await the release of the...
Gold's 4-day losing streak could not continue yesterday, after the price rebounded. However, the rising bar D1 yesterday had a narrow amplitude, had a long shadow above and closed below 1/2, thereby showing that the upward pressure was weak. This D1 bar is also located inside the previous D1 bar to create an inside bar model, and has the narrowest amplitude among...
Hi Traders! NASDAQ:SMCI has recently demonstrated a positive shift, breaking its downward trendline and concluding last week above the 9 EMA. This bullish trend, if sustained with good volume and the stock maintaining above the $301 level, could potentially propel it towards the $310 region. This movement signifies a notable shift in momentum, meriting close...
DXY started a recovery from 100.257 from the heavy decline due to the pause in the interest rate hikes back in December 13th, 2023. The index started to recover from 28th December and to 102.723 due to the positive news from the last Friday NFP fundamentals. Price was quickly knocked down by the negative news on the ISMs late Friday. DXY January candle has done a...
As stated, not guaranteed but possible. Within a month from the bottom of Covid, it is clear that the market is rolling upwards, contrary to the conditions.
Rising in a channel with a recent bullish momentum breaking the major KL I'm expecting price to keep climbing upwards with a target of 73 USD.
Hello Traders, welcome to today's analysis of S&P500. -------- Explanation of my chart analysis: The S&P500 has been rallying for the entire year of 2023. Many people do expect a correction but the charts are still looking pretty bullish. If we see a breakout above the previous all time high at $4.700, I do expect a rally back to the upper resistance of the...
In anticipation of today's Non-Farm Payroll (NFP) trade news, I am strategically eyeing a selling opportunity within the range of 2054-2056, with an extreme level target set at 2062-2066. The chart analysis is remarkably clear, presenting a compelling opportunity. Despite the inherent risks, the clarity in the charts motivates me to engage in this clash during...
📊Analysis by AhmadArz: buy in breakout trendine 🔍Entry: 95.1 🛑Stop Loss: 93.57 🎯Take Profit: 96.67 🔗"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!
CNX bounced off the 200 EMA on the daily and has broken out of a downward wedge. A move over $21.00, and a reclaim of the 50 EMA should send this back up to test the highs. Looks even better on the weekly chart imo. Target $23.50
YES Bank try to break weekly Cup pattern setup and if same happens we can easy see 36 and above level in very short period of time
Iron gives a good Break out few days back and now we can see 219 level in Few weeks
Technical Overview: 1. Support and Trend Analysis: The weekly chart for DATAPATTNS indicates a strong technical setup. The recent candle has found Support at the Rising Trendline, reinforcing the presence of a robust support level. This suggests a potential continuation of the prevailing uptrend. 2. RSI Support and Bullish Momentum: The support observed...
Technical Perspective: 1. Support and Trend Analysis: The weekly chart of GTPL is exhibiting a notable technical setup. The recent candle reflects a Breakout Retest of a Falling Trendline, a bullish signal indicating a potential shift in sentiment. This suggests a possible end to the preceding downtrend. 2. Inverted Head and Shoulders Pattern: An Inverted...