Simple as that. There are lots of things I could show on the chart, but this one is for the beauty of simplicity. These two lines are the main ones, though they are not the easiest to notice. I marked the touches so that you could see that they are beyond valid.
Hello everyone, Welcome to a new trading week and i hope it will be a good one. In this update i am talking about the fact that we might have reached peak rates in the US and the Fed are starting to rethink their strategy. I do not believe there will be any rate hikes for the December meeting. The data is starting to deteriorate and this is the lagging effect of...
Previously Daily broke previous HH, now on a retrace possible retest of that previous High. LTF are showing bullish structure also, we should be seeing a continuation of that bullish move if price maintain that structure.
CHOCH, Broke of Trendline, Weekly Demand Wait for price retrace to RM3.90 for entry (FVG)
Subject: Watching Convergence TSLA looks to be coming up on a price shift after Thanksgiving, roughly on 11/28/23. The RSI seems to be losing momentum and there is established resistance at the $243 range. Outside of any news based momentum shifts, I see the price retracing to past support levels at the $194 or $165 levels respectively. This is further supported...
Long SUNVIEW if there is a CHOCH with momentum and break of trendline. Wait for retracement Enter at Order Block 886 Bat Harmonic Pattern
Let’s first review the overall trading situation this week. A total of 18 transactions were generated this week, two of which experienced small losses, and the other 16 transactions achieved varying degrees of income, with a total income of $18.3K.I am only 1.7K away from achieving a stable profit of $20K per week, which is overall a good result. According to...
↪️The EURUSD reached the 1.0900 level towards the end of Friday, concluding a week of trading that began with a surge towards the 1.0880 area, stimulated by the initial bids at around 1.0680. Technically speaking, the pair is nearing a convergence of resistance levels: the ascending parallel channel and a horizontal resistance level. This suggests that we may see...
As per technical Analysis Expecting Sideway Opening mention levels will work as Support and Resistance. NSE:NIFTY1! Analysis If Nifty future Open below 19740-30 and if goes below this Level then Probably we can see some selling Pressure and it will test 19550-19500 level. if Nifty future Open above 19860-80 and if sustain above this then we can see...
Entering the European market on Friday, as the market further digested bets that the Federal Reserve's interest rate hikes were over, the decline in U.S. bond yields further accelerated, and the stock market regained momentum. The U.S. dollar was dragged down and found it difficult to gain a foothold. USD/JPY fell to Below the 150 mark, at the same time, gold...
WCUUSD is another way we can track the strength of the dollar. As we can see, WCUUSD is in a pullback, and the target is the 61.8% Fibonacci level, the same as in the previous pullbacks. Based on this, we could expect the dollar to continue retreating in the coming week or until the end of the month.
Hi traders, we should expect NZDCAD to retrace in the early this week before continue its rally. Good luck! Happy Profit!
HI traders, I am seeing GBPUSD is potentially retrace in the early this week before continuing its bullish movement following its parallel channeling. Good luck! Happy profit
The price has been pushed to the plinth, the information space regarding the active is silent! Will the formation of the accumulation zone or the reaction and food news, consistently upward growth? The price is down 88.22% from its high. We've been in a downtrend for 722 days. Is it all that bad? I suggest you also watch the DOT/USDT publication. Crab pattern. ...
Since December is coming and historically December will be bullish month for EURUSD in the past 4 years, we might see EURUSD rallying in December. Prepare your buy position in the upcoming days for bullish rally in December Good luck! Happy profit!
Following the wedge breakout on the Weekly and Daily timeframes, I think price action might tend to move towards the next weekly high and beyond. DISCLAIMER NOTICE! This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...