DUOL on the 30- minute chart shows a healthy pullback of about 5% from its ATH reached both Feb 29th and a few days ago. so it is just under a double top. On March 19th, it rallied from the pullback to put in the second ATH and then dropped 5%. The question here is whether, CUOL can attract interest volume and so money inflow to allow a price rise (Wychoff''s...
Looks like we have plenty of room to come shorter. We are in the upper part of the channel and their is a key support level we can hit or the bottom of the channel. Strong bearish candle also.
Looks like the smart money is grabbing all the stop losses and may move a bit higher for some more liquidity but eventually move down with a big drop. Keep the stop loss reasonable but above the liquidity grabs.
Been little unactive on trading view will be posting a lot more in summer july time so look out
The GBP/USD 1-hour chart presents a compelling setup for traders looking to capitalize on Fibonacci retracements and fair value gaps (FVGs). **Retracement Watch:** The currency pair has recently experienced downward momentum, as highlighted by the progression of lower highs and lower lows. The focus is now on a potential retracement back into the FVG denoted by...
Dollar Index broke and closed above a key daily horizontal resistance, forming a strong bullish imbalance. The broken structure turned into a demand zone. I anticipate more growth. Next resistance - 104.85 ❤️Please, support my work with like, thank you!❤️
Bitcoin has been trapped in a downward descending channel since March 14th 2024. It is continuously struggling to hold ground and important supports. Right now it is struggling to climb above 50 hours EMA (64612) indicating weakness. Even if 50 hours EMA is crossed there is channel top and 200 days resistance near 66072. In case Bitcoin is not able to cross and...
VST Tillers Tractors Ltd (VTTL) is promoted by the VST Group of Companies, a well-known business house in South India, in technical collaboration and joint venture with Mitsubishi Heavy Industries and Mitsubishi Corporation, Japan for the manufacture of Power Tillers and Diesel Engines. Presently, the Company is engaged in manufacturing and trading of trading of...
BEML Ltd. is the leading manufacturer of heavy earth moving equipment in Asia and an Indian Public Sector Company under the Ministry of Defence, Govt. of India. It is a Mini Ratna Public Sector Enterprise, operating in three distinct business verticals namely Mining & Construction, Defence & Aerospace and Rail & Metro. BEML Ltd. CMP is 3091.05. The Negative...
Nifty bounced back but pretty well after confirming a near term bottom around 21710. right now facing mid-channel resistance. Daily closing firmly above 50 days EMA is another positive sign. Right now Nifty will face or is facing mid channel resistance which is near Friday's high of 22180. Nifty next week crossing and closing above 22180 will ensure that Nifty has...
I believe it's time to keep an eye on XRP. Let me start off by saying that this crypto actually has been in a bull range for quite some time. There was a spike sometime ago, which can be viewed as a precursor for what's to come in the future. What would I look for to take place? I want to see a B.A.R. of the mid-range high & monthly EQ ($1.10) before...
For last few weeks we have been looking at indices. By the study of a particular index we then try to determine about investing in components of that index or the stocks that from that particular index. In the series we will today have a look at PSU Bank Index. PSU Banks and the index of PSU bank consisting of banks like Bank of Maharashtra, Canara Bank, CBI,...
GOING LONG ON GOLD..BREAK AND RETEST OF RESISTANCE ZONE NOW TURNED SUPPORT. Price retraced slightly below support zone and rejected demand zone.
BTCUSD BIAS HAS CHANGED DUE TO MARKET STRUCTURE AND PRICE ACTION. Price failed to reject on the 15 minute demand zone and broke below, forming a resistance above. Took a short from that breakout downwards and now its shorts on BTCUSD
Gold created a descending wedge shape following a breakthrough of an important horizontal resistance. After testing a previously broken level, the price surged, breaking through the wedge resistance. It is likely that the pair will continue to rise, with targets set at 2184 and 2209.
As we can see that Evening start pattern has been formed at the resistance trendline with the confluence of resistance in CADJPY on Daily timeframe so it is a high probability swing trade. Target - 109
BINANCE:STXUSDT showing some buying potential. We have seen some continued rejections; I will take a long position if price holds above the support area at 1.4495 to target the 2.000 mark. #STXUSDT still looks ultimately bullish from my perspective