Hello traders, I decided to do a short video of EURAUD, with my BIAS, I'm seeing a long from here. I was expecting a retracement to the support zone and on the trendline and the NFP on Friday boosted the sell. I'm seeing price start moving to the upside from the coming week. Y'all can add this pair to watchlist.
I am prepping another FTNT trade leading into earnings. As we hit the top range of the gap and fell a wedge forms. A purple momentum trend needs to be retaken. This candle looks to be an inside day as well, during this generally bullish long-term trend I think we are more likely to continue to go up than down. -I am eyeing June 80$ calls here -I might enter...
My Bias on Usdchf remains a buy, but I think it’s been over bought for a while and it’s currently having a pull back. So here is a quick reversal trade to make quick bucks. cheers !!
NASDAQ & NQM is way overdue for a massive correction down to 16419... I think...
AUDCHF is trading in a bullish trend. After the price set a new higher high on a daily, the market retraced to a key horizontal support. This morning, the price formed a tiny cup & handle formation on that. Its neckline was broken after a release of CHF fundamentals. We can expect a trend-following movement now. Goal - 0.59766 ❤️Please, support my work...
Monthly Chart of CBLS. Bullish! Little Island Reversal w./ a double bottom. Expecting to C higher monthly Close(s). Higher lows on each month.
ICP has printed three pushes up in a bull channel, reaching $20.90. It is currently holding its position above the Daily 30EMA. Is it time to short? How do we trade this? 🤔 We do not yet have a short signal near a key resistance zone. Three pushes up after the breakout into the bull trend is a sign to start looking for reversals, but we have yet to see a...
05.04.2024 The weekly timeframe doesn't appear strong, but I follow the overall trend. Trading with the higher timeframe trend alone can increase your win rate. On the daily timeframe, we observed daily liq. low and a rejection of the daily vwap with strong momentum. Therefore, I believe the uptrend will continue, as there are no signs of bearish pressure....
Thursday, 04.04.2024 We took the previous weekly low and touched my 8 EMA. On the daily timeframe, we have two strong daily wick rejections at my daily VWAP low, and we also observed important daily liquidity lows. Now, a small pullback is expected, followed by a long. Aggressive entry module
Last week began with bearish consolidation, which was short-lived. The bulls quickly regained control, established a daily higher low, and broke through the previous week's resistance at 524.1 . Although the breakout was not very strong, it was still meaningful. The March close was very strong, posting a +3% gain, and both weekly and daily charts are indicating...
Goldman Sachs, one of the very few giant financial services companies left, is intending to do the first mega buyback program that will exceed One TRILLION dollars into 2025. Gasp. So the chart shows the initial buybacks commencing and the support of its stock price during the very dicey sideways trend. The company reports earnings Monday, April 15. Enough...
Detailed technical analysis for WTI Crude Oil. Price action & important key levels. Daily/4h/1h time frames analysis. Bearish outlook explained. ❤️Please, support my work with like, thank you!❤️
On the above 10-day chart price action has increased 80% since the year began. A number of reason now exist to collecting profits. They include: 1) Price action and RSI support breakouts. 2) Weekly bear flag confirmation pattern. 3) Hidden bearish divergence. 4) The bear flag extension mark the correction for this flag to 32 dollars. Is it possible price...
A potential swing trade in Finolex cables , a prominent figure in the cable manufacturing sector. Reasons are listed below : The stock bounced convincingly from the strong support level of 850, indicating solid buying interest at this price point. A hammer candlestick on the weekly timeframe signals a potential reversal, suggesting a shift from bearish...
A potential swing trade opportunity in Suzlon Energy - a leading renewable energy solutions provider in India. Reasons are listed below : Strong Support at 34-36 : Suzlon Energy has found a robust support level in the 34-36 range, indicating resilience and potential buying interest at these levels. Bullish Engulfing Candle : A bullish engulfing candlestick...
Many of you asked me to share the updated analysis for Gold. Analyzing a 4H time frame, we can see some signs of a slowing bullish momentum: after a strong bullish impulse that the price formed last week, we see a contracting price action within a rising wedge pattern. The price managed to reach 2300 - an important psychological level. After its test, the...
The USDJPY is currently consolidating in a tight range on the 4-hour chart. Depending on how the price reacts, there are two possible scenarios. In a bearish scenario, traders should wait for a bearish breakout on the 4-hour timeframe and a close below the support level at which point a continuation to 150.24 is expected. On the other hand, in a bullish...