The dot currency has gone through a complete correction cycle, and now it can break the downward structure after the first swing and pullback and move according to the direction. We can say that the current scenario has had an upward movement, considering A, and now wave B has ended, which will be confirmed by the failure of the swing.
Gilead Sciences (GILD): NASDAQ:GILD We're aiming to diversify our portfolio beyond just tech stocks and the tech sector. We're now focusing on companies in the pharmaceutical industry, such as Gilead Sciences. Analyzing the weekly chart, we observed the largest surge since 2010 for Wave (3). We believe we've also completed Wave (4) at $56.56. The peak was at...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Traders may wait for more information about the Fed's interest rate-cut plans before making bets on the non-yielding Gold price. They will be closely watching the release of the US monthly employment details, known as the Nonfarm Payrolls (NFP) report, later in the North American session. If there is...
On day chart ARKM is pulling back to $2 now Last pullback was downed nearly 50% on Dec 2023, so I think it can be repeated Time will tell
Dive into the USD/JPY Forecast: A Surge Beyond the Current Range! 🚀✨ With the Bank of Japan (BoJ) gradually tightening its monetary policy and the Federal Reserve's (Fed) easing cycle simmering down, a compelling blend of fundamental catalysts is set to elevate the USD/JPY beyond its current boundary of 151.000. 📈 A Hawkish Twist from BOJ's Ueda Leads to a...
Rmrk usdt Daily analysis 2 bottom pattern and green uptrend give me a long setup Risk rewards ratio >2.5
Trias usdt Daily analysis 2 bottom pattern Risk rewards ratio >3
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) surged above $2,300, reaching an all-time high during the early Asian session. This was driven by weaker-than-expected US ISM Services PMI data for March and speculation that the Federal Reserve has reached the peak of the rate hike cycle, resulting in increased demand for gold....
Aggressive Counter Trend Trade 16 - short impulse + biggest untested volume T1 + support level + biggest volume 2Sp+ + test + below first bullish bar closed level entry Calculated affordable virtual stop loss 1 to 2 R/R take profit Hourly Context: "- short impulse + biggest volume T1 + biggest volume 2Sp-" Daily Context: "+ long impulse + T2 level + support...
NGM:SOUND is making a bounce on a major support level at $5. This is showing strength for the buyers and further upside to be made. Entering a swing position and targeting $15. Some more details on SOUNDHOUND AI: SoundHound AI's technologies have attracted the attention and investment of major players in the tech industry. For example, Nvidia disclosed that...
4H TF OP has created a reversal pattern, now it's trying to test resistance at 3.25 If OP can break and close above this resistance, I expect price will go higher 3.5 that zone is Supply Zone Wait for confirmation before trade
Now, it's time to add ASIAN Paint in the portfolio around 3100-3150. Once it breaks the 3575, It will blast and move towards 4000-4500
Buy ZONE - STOP LOSS marked in the chart. Excellent BUY opportunity in Bajaj Finance for the long term. Risk: 1% of portfolio
Regrettably, our Tesla trade within the 2-hour timeframe faced an unexpected stop-out. The anticipated completion of Wave 2 hasn't manifested, evident in the broader timeframe. Initially, we presumed it concluded at 50%, specifically at Wave C around $195. This presumption was invalidated post the recent earnings call, signaling a potential double correction....
In our exploration of the stock market, we don't limit our analysis to just short-term charts; we delve into the longer horizon as well. Ford has particularly caught our attention. Our initial entry into Ford was at $10.30, a point which, upon reviewing the broader picture, appears to have been very close to the bottom—hopefully, the lowest point it will...
Hey GBPUSD traders! What's your take today—buy or sell GBPUSD? The pair recently saw a gentle recovery, reaching 1.257, marking its best rebound in a week. Yet, GBPUSD's recovery may hit a few roadblocks ahead. The downtrend still dominates, with trading below the EMA 34 and 89 lines signaling caution for buyers. Moreover, the pair's retreat to the perfect 0.618...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) is entering a bullish consolidation phase after reaching a new all-time high around the $2,288-2,289 area during the Asian session on Wednesday. This is mainly due to persistent geopolitical risks from the Russia-Ukraine war and conflicts in the Middle East, which have dampened...
This is just a simple idea of what I think will happen for AUD/CAD tomorrow(04/04). I am not a financial advisor nor is this financial advice, TRADE AT YOUR OWN RISK. I feel as if price will test the PWH (0.88984). Pullback to the bullish FVG (Fair value gap) earlier to somewhere around 0.88587 & take off. I see it def clearing PWH(previous week high) after test...