- Previous Day candle closed bullish. If we are looking for buys we will take on until daily resistance formed on 02 feb 04 - If we are looking for sells we take on until 13th aug 03 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade. - We risk 3-10% of our capital. Close trades once price reverses to opposite direction and 1...
GBPAUD did not hold the psychological level at 1.94000 after reaching it, after which a bearish takeover followed. The price reached the support level, which it repeatedly failed to overcome. As the chart continues to maintain a bearish structure, we expect that the asset will again try to test its psychological level, after which a pullback will...
Fundamentals: SIMPLIFY VOLATILITY PREMIUM ETF (SVOL) tries to minimize volatility with maximizing dividend income. It is an alternative investment that does not correlate with market drops, but attempts to capture profits from volatility in the VIX. SVOL does not hold stocks and does not use a covered called strategy to generate its dividend yield. This fund...
I am waiting MEME 0.028-30 area for spot buy. I think there is give to us minimum 4-6x. I am short MEME
DXY is currently at a point where a horizontal intraday support and a rising trend line intersect, forming a confluence zone. To enter a long position with confirmation, look for a double bottom pattern on a lower time frame. If the price breaks above the neckline and closes, a bullish trend towards 104.72 can be anticipated. On the other hand, if the market...
WTI crude oil futures fluctuated higher, trading at $84.89 per barrel, an increase of 1.09%. Since March 27, oil prices have continued to rise and have hit a five-month high. During the European session, WTI crude oil prices continued to rise, hitting $85.42 during the session, before falling slightly during European midday trading. To some extent, oil's rally is...
The price of gold hit $2,288 again this morning, setting a record high, and the overall market showed a strong trend. Although the market is showing strength, it is not recommended to blindly chase long prices, especially when it is close to historical highs. Such an operation may not be rational enough. The price of gold continued to rise and stabilized...
You know that BINANCE:BCHUSD halving will happen on the 4th of April 2024, slashing the mining rewards by half. I bought the rumor early enough, and I am ready to sell the news. I will open a partial short position now, when there is a breakdown of the trendline, I will add to my position. Warning - Don't overuse leverage - Manage your risk - Manage your...
It is about to breakout the range, the blue box can work as an S/R level in this case. If we want to go to upper levels the price should be able to reclaim the red circle or invalidate it. Happy trading
The price visited below the npoc level as I’m pointed before. From this point I’ll look for one more LH to drop to the VAL and then it can go to the pWO / purple box zone.
A trendline breakout and a one-hour breakout seem to be occurring. Hopefully, Ethereum can make a push up towards its all-time high.
The stock is in uptrend in all Higher time frames. The stock has been in good consolidation for 12 weeks. Downside wicks in the last 3 weeks indicate good buying coming in. The last week candle seems to be an indecision candle post diminishing selling pressure and buying stepping in. The lower time frame price actions such as Daily and 75 mins confirm the...
After the second break of structure price hikes to provide us with a shift, this could be a clear bullish market. Looking for a correction to fill the imbalance and mitigate the order block then we can look for buying opportunities…
Bitcoin seemed to have faked out to the upside here. A sale at the current price would make for a nice TRADE. I do believe in Bitcoin long term. If the candle doesn't close within the range, the position should be liquidated immediately.
In chart it is discussed about the uptrend of USOIL chart and how to find weakness in uptrend. This chart is only for educational purpose. Please do your own study before taking any trading decisions.
Again Nifty is facing the same resistance as we have seen for the last 2 days as Nifty returned from the day's high of 22521. However the support came from the expected level mentioned yesterday i.e.22346. Most important turning point on either side can be US FED Chair Jerome H. Powell speech about Economic Outlook. (At the Stanford Business, Government, and...
After quick runup from 74500 to 78600, silver showing some overbought indicators and MFI at 15mt timeframe started giving negative divergence. Soon 30mt and 60 mt shall follow. one can short silver at 78600 for T1 76500. SL at 78980 Happy Trading.