NASDAQ:META had a good run, but now that run is coming to an end. I started buying puts today when price was at $524. I bought 6/21 $300P. There's a chance price could break the current highs, but it wouldn't change my bias. I think starting later this month, we're going to start to see a large move down in META. Overall, I think there's a possibility that...
Updating my analysis with some additions of some key levels to watch for as price makes it's way higher. I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels. Even though price seems to be forming a H&S top, I'm not sure that we break down here. I think the most likely scenario is...
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($65,700-$64,500) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 4 in the 15-minute time frame . 🔔I expect Bitcoin to Drop again and break the 🟢 Support zone($63,370-$62,790) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and...
FX:XAUUSD is forming a sideways range and continues to test a strong resistance area. Bulls and bears continue to fight and still cannot share a strong area. Possible shake-up. Gold is in the active phase of the correction, which started as early as last Friday and we were ready for it. The price is already down 5.7% from the high and most likely this is not...
Hi folks today I'm prepared for you Euro analytics. A not long time ago price in a short time rose to the trend line and then made a strong impulse down to the 1.0730 resistance level, which coincided with the resistance zone and even soon broke it. After this movement, the price declined to the support zone, which coincided with the 1.0640 support level, but at...
End of day update from us here at KOG: We got decent entries on yesterdays move and suggested holding runners and looking for the higher resistance levels. We managed to identify the long early session from the 2317 region and then again post-NY completing the higher targets. Not much has changed from yesterday, we're still looking for this to target that...
Dear Traders, We have witness change in price action, our bias remain same although now we are looking at the different area from where we can take entry. The first area is identified on the chart as 'entry' and then there are three areas to set 'take profit'. For stop loss it is up to your own risk management. Remember, do your own research too, and only take...
I see this reassuming an old down trade from resistance 1 trend line. Short Squeeze pop over resistance 2 trend line provided the opportunity resume down trend.
GBP/CHF is forming an Anti-Cypher Harmonic Pattern (XABCD) on the 4-hour chart. This pattern indicates a potential reversal in the current trend. Key Levels and Trendlines: The price is approaching a key resistance area and a 4-hour trendline, suggesting a possible reversal from the bullish momentum. Entry and Stop Loss: Considering the Anti-Cypher pattern...
FX:EURJPY is in an uptrend phase. Regarding what is happening on the chart, we can assume that the bullish trend will continue in the medium term. The market is redeeming the strong drop that happened at the end of 2023 on the fundamental background in a few months. The Japanese Yen is weakening strongly on the back of weak regulation by the Central Bank of...
Long-term target based on the latest BoJ interest rate hike and signs of a positive outlook for Japan's economy. Technically the pair is scraping around .618 FIBO level which is 195ish - there's still some room to hit the level. 1st target = 170 (0.382 FIB) 2nd target = 160 (156-157 - resistance/support of the past price action).
Hello traders.. Ever Since April 16th we can observe a pullback on Eurusd. We recieved bullish fedspeak on April 16th, as Chairman Powell mentioned the recent interest rate hike intervention is not having it's intended affect. The jobs market is hot but the real issue is 2 consecutive months of increasing inflation. This issue may cause interest rates to remain...
Market Structure Bearish on HTF Weekly and Daily at same AOI Strong Weekly rejection at AOI Weekly break and retest of broken support Previous Daily Structure Point Daily EMA retest Daily Rejection at AOI Around psychological level 0.65000 H4 Rejection at AOI
Price is trading within a triangle. A breakout to the upside will open the way to 1.81310 while a break of the support will propel the price towards 1.79430
The NZDUSD chart shows an ascending triangle pattern following a successful test of a strong horizontal support level. The breakout above the neckline indicates strong buying momentum, suggesting that the pair will likely continue to rise, possibly reaching 0.6010.
This one is a risky trade as it's all up to earnings, but the chart to me looks like MSFT wants one last leg higher before topping. If price finds a bottom in this $390 range, then I think we will see a big push higher up to around $450-$500. Let's see how it plays out.
Hello Everyone, The NZD/USD pair has kicked off with a strong bullish momentum, and what holds significance at this point is maintaining a consistent position above 0.595358. Presently, we're holding steady above the weekly pivot point, signaling positive prospects ahead. Expect further bullish momentum to unfold! TradeWithTheTrend3344
Hello there, DOGEUSDT will pulse up towards the supply area and potentially turn bearish. The 0.15810 is the only level of interest for bearish momentum for a bias of 0.15030 with one price target. Close attention may be required below the bell level, and if the price goes above 0.16400, the setup will be invalid. Happy Trading, wishing you a fruitful week Khiwe.