Primary Chart : Palantir Technologies Inc. NYSE:PLTR on a daily time frame with key Fibonacci Levels drawn as well as support, resistance, the 21-day EMA, and a critical VWAP from the bear-market lows of December 2022
Palantir Technologies Inc. NYSE:PLTR , once a tech darling of the 2020-2021 bull market in equities, has achieved a substantial retracement now...
Looks like price retesting broken ascending trend line. This is also where 61.8 fibonacci located for the recent drop of XAUUSD.
We might see price continue going down to retest 1755 area again.
There is also a possibility price making right shoulder of a HnS pattern.
Sell XAUUSD 1827
Stop loss 1855
Take profit 1755 (2.5R)
Use only 1-2% risk
Good luck
Disclaimer on
SC updated with extension targets .66 .618, ive set a TP target at 90 SATs to front run the .66 which comes in at 91 on the extension,
I managed to get in with two orders one at 56 SATs and the other at 59. Trade safe people!!
Evening Traders,
Today’s analysis – GBPJPY- trading under Local S/R with bearish price action, further downside probable,
Points to consider,
- Price action impulse
- Local S/R Resistance
- .618 Fibonacci & 200 EMA confluence
- Low volume
GBPJPY’s immediate price action is trading under Local S/R, therefore any rallies are considered bearish retests....
Evening Traders,
Second Analysis – EURJPY – trading in a rising wedge formation where a breakdown is probable.
Points to consider,
- Price Action Bearish
- Local S/R Resistance (.618 Fibonacci Confluence)
- 200 MA immediate support
- Oscillators Divergence
- Volume Declining
EURJPY’s immediate price action is bearish, trading in a rising wedge; this...
Evening Traders,
Today’s analysis – TSLA- swing high back into range, price action is currently bearish under range high.
Points to consider
- Bearish impulse break
- Range low support
- Range high resistance (bearish retest)
- Stochastics sell cross
- .618 Fibonacci
TSLA’s bearish impulse back into range allows us to have a bearish bias on the market....
Evening Traders,
Today’s analysis – VETUSDT- breaching dynamic resistance with an impulse move, swing high being the immediate target.
Points to consider,
- Local downtrend broken
- Retest confluence (.618 Fibonacci)
- Key dynamic resistance breached (swing high target)
- Stochastics flat
- Volume below average
VETUSDT’s down trend has been breached by...
Evening traders,
Today’s Analysis – BTCUSDT- a probable swing trade, signs of a short term bullish bias as price shows strength, breaking dynamic resistance is a long.
Points to consider,
- PA Demand (.618 Fibonacci Level)
- Dynamic resistance/support converging (Apex)
- 21 MA visual guide
- Oscillators diverging
- Volume below average
BTCUSDT’s price...
