GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 191.72 which is a pullback support that aligns with a 38.2% Fibonacci retracement level. Stop loss is at 191.25 which is a level that lies underneath the 50.0% Fibonacci retracement level. Take profit is at 192.71 which is a pullback...
Silver (XAG/USD) is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 27.94 which is a pullback support. Stop loss is at 26.70 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 29.17 which is a pullback resistance. High Risk...
Support in case of price drop: 45K, which is the most important support, because if the price breaks, it will reach its last upward support, which is the trend line, and if it breaks, 31200 is the next support, and when it reaches this support, the market is in a bearish situation, and this support is more of a price support than a limited time. And our next...
Price is rising into a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. A reversal from this level could lead to a price drop to our take profit. Entry: 0.66482 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6676 Why we like it: There is a...
200% growth is not enough for Bolran because we want higher prices to build a resistance (which is a safe haven for investors) and this increase in Bitcoin growth over time shows that we are now in a special time and the crypto world Need more time or a special event! to attract investors. Remember this sentence (most of the funds come in after breaking the price...
Price is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry:0.97417 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.97917 Why we like it: There is an overlap resistance...
GBP/CAD is falling towards a support level which is an overlap support which aligns with the 61.8% Fibonacci projection and could bounce from this level to our take profit. Entry: 1.70854 Why we like it: There is an overlap support level which aligns with the 61.8% Fibonacci projection. Stop loss: 1.70228 Why we like it: There is a pullback support level Take...
like a monkey with a miniature cymbal the joy of repetition really is in you under and under and under and under and under the spell of repetition really is on you
hi traders Bake reached a key resistance and got rejected. Now we're seeing a pullback and most likely we will see some consoliadtion before the continuation to the upside. Make a note that the trend is bullish now. We got a bullish cross on SMAs which signals a trend reversal. 2 possible scenarios are shown on the chart. In both cases, mid-term target is...
USD/CHF is rising toward the resistance level, which is a pullback resistance that aligns with the 161.8% Fibonacci extension and the 61.8% Fibonacci projection. A reversal from this level could indicate a triple top pattern, which could lead to a price drop to our take profit target. Entry: 0.91497 Why we like it: There is a pullback resistance level which...
hi Traders PayPal is one of those stocks which we are invested in heavily. From the fundamental perspective , PayPal is a very profitable company and is currently very undervalued. When it comes to technicals, it looks more and more interesting. On daily timeframe we can see that the price broke the resistance . The long position can be taken now and the...
hi traders, SPX is correcting and many traders becoming super bearish here. Don't panic here! Let's make a plan! We expect SPX to retest high from January 2022. 4800 could be a great entry for a long position. It's a Golden Pocket Fibonacci therefore some buying pressure may be expected. Retesting this level would be very bullish as it's previous resistance so...
hi traders, I'm not going to lie here. I'm surprised that the price of BABA keeps going lower. It's already a no-brainer for me now at 69 $ and I'm adding to my long-term hold position, but if it retest 60 $, it will be an even more screaming buy for me as it will retest the absolute bottom again. BABA is a very profitable company with a strong fundamentals and...
hi Traders NVDA is not looking bad here on 1h time frame. The price reclaimed the support and we got a double bottom pattern. Entering long position at 845 $ to play a bounce is very justified here. 2 targets: 887 $ 906 $ Stop loss: 830 $ Good luck
Today, gold continues its upward momentum, eyeing the $2,400 milestone. Fueled by a weakening U.S. Dollar and subdued Treasury yields, gold remains a safe haven amidst global uncertainties. However, attention turns to Federal Reserve policymakers whose upcoming speeches may sway market sentiment. Stay tuned for key economic data releases and policy whispers...
As you can see After the price tests the 61k zone, we will go up As you can see, we can capture the goals that we gain on a time basis A beautiful example of cup&handle pattern. I think the bottom expected by the market will be around 58k. (If it fall, i will buy the dip) While everyone is afraid, the brave ones usually win more.
Fundamental analysis: Gold futures in New York extended their record rally on Tuesday, buoyed by buying momentum and geopolitical risks. COMEX gold futures rose 0.89 percent to close at $2,372.00 an ounce on Tuesday, after hitting an all-time high of $2,384.50 an ounce earlier in the session and hitting a record high every day since March 28. Investors are...
I think the Dow entered a downtrend, which turned its high into a short position. The price is likely to correct to 38800 and from there continue its downward trend until it reaches the important support of 35,000.