I am bullish biased on Gold for this year, expecting to see it reach 2400 until 2nd November. I developed this project with only one question in mind considering the context perspective: where would could or should occur potential entry setups and signals for long entries. I have ~picassoed~ some potential support/resistance elements taking into consideration...
AUDCAD successfully surpassed and closed below an important intraday horizontal support last week. Following this breakout, the market retraced back to retest the previously broken level. The bearish response to this retest suggests that there is a strong likelihood for the downtrend to persist. The targets for this decline are set at 0.8800 and 0.8760.
With its strong foothold in the Indian banking sector and commitment to providing financial services to customers, Indian Overseas Bank presents an intriguing opportunity for swing traders. Reasons are listed below : Strong Support at 55-60 Zone : IOB has established a robust support base in the 55-60 zone, from which the price is rebounding, reflecting...
Consider a compelling swing trade opportunity in Rossari Biotech , a leading specialty chemicals manufacturer in India, renowned for its innovative and sustainable solutions across various industries. Reasons are listed below : Price at Support Zone : Rossari Biotech is trading at its support zone, where it was initially listed, indicating potential buying...
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
MEXC:TWTUSDT , 1d Following the breakdown of the descending triangle, price also broke below the 200SMA. Now price faces a major resistance level since this area is, 1) previous support turned resistance 2) descending trendline 3) 200SMA Bears will look for opportunities to sell the market at this resistance level. Bulls are in for an uphill battle after...
A #long trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📈. This is indicated by the #bullish engulfing candlestick 🕯️ pattern just above the 0.88046 horizontal support level. This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy). Sufficient upward momentum should see...
- Previous Day candle closed bearish . If we are looking for buys we will take on until daily resistance formed on 29th march 04 - If we are looking for sells we take on until 18th dec 03 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade. After hitting TP, you are done for the day. - We risk 5-8% of our capital. Close trades...
Entry Taken During London Session. 1. Price Creating New LH's and LL's Indicating Sells Over Buys. 2. Entry Taken at the Freshly Created LH. 3. Entry Taken at Daily Break Of Lows.
Good day traders! Last week, intraweek highs was liquidated/manipulated and our most premium supply level mitigated It seems though as price has reversed to the downside since (short-term basis). Could $2300 be our next stop? - Being it is our next medium term institutional demand level , with adequate sell side liquidity resting above to magnetize prices...
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
After this month's acceleration in Crude Oil (WTI) prices, the commodity looks poised for reversal after having experienced a considerable run-up out of a wedge pattern, commonly associated with a broad formation, given its uncertainty. The spike in price led to the formation of an Irregular Top which by its very nature implies a bearish move to follow. Given the...
After a test of a key horizontal resistance, EURCHF dropped and violated a support line of a rising wedge pattern. To me, it is a strong intraday bearish signal. I think that the price may drop now to 0.9675 ❤️Please, support my work with like, thank you!❤️
A significant head and shoulders pattern has emerged on the intraday chart of USDDCAD. The pattern's neckline was breached during the Asian session, with a candle closing below it. I anticipate a downward trend from here on, with the next support level likely at 1.3670.
Macro bullish-engulfing yearly chart. 🟢 Unstoppable Ascent (2009-2012): A solid start, Bitcoin embarks on an upward journey, laying down the foundation for what will become a digital gold rush. 🔴 Moderation in Momentum (2012-2015): The red candles suggest a period of consolidation, a breather where the bulls and bears are at a tug-of-war, testing the resilience...
I've been monitoring this pair for quite some time as its been ranging since February of this year. After a failed breakout attempt in early April, it looks like price is making another attempt at this week's open. I don't really have a strong directional bias with this pair as it's been in quite a whipsaw pattern for the past couple of months. I'd drop down to...
ADA completed its 2-legged pullback per my previous analysis and even overshot the key support zone to Push #1 support at $0.41. Is this an opportune time to long? Previous Analysis: How do we trade this? 🤔 Cardano found support at Push #1 support from the previous bull trend around $0.40 and has rebounded to the Daily 200EMA. It's reasonable to expect a...