price has been tested 1.31996 as a support level it might retest it again waiting to break 1.32637 resistance level
Setup: Strong breakout of the consolidation zone and the 200 Moving Avarage on the daily timeframe. Pullback expected to test previous resistance. Entry: I expect support at previous resistance and this is where my entry zone is based. Around the 200 MA (daily). Orange box. Stoploss: Stoploss is below the consolidation zone @ 0.00001680. After making a new...
I suspect a bounce off EMA 26 (1h) is the most likely scenario. Failing that, there's further support at EMA 36, two 50% levels, and prior support / resistance lines. For a low chance of being stopped out, placing your stop at 0.85 provides room for plenty of support. If you are looking for a more aggressive entry, I would DCA at EMA 26/36 and place the stop...
PLTR looks ready to make a move. MACD suggests it's to the upside. Volume also reclining on this drawdown. Has two moving averages above it however. If it can break above those, it should move nicely.
Victoria Secret looking like the sexiest chart in the market right now, pun intended. Pushing both horizontal and downward resistance. 16% short interest and bull flagging. I'm in.
CVI coiling nicely on the daily. Great looking setup for a breakout to the upside.
Can someone please explain this to me? ANF is at an all time high. Well over the peak valuation from it's height of popularity in 2007. The weekly chart is so overbought it's laughable, but is it done? I'm so tempted to start shorting. Each one of these pumps has been followed by an equally ruthless plunge. Will this time be different?
OANDA:XAUUSD FOREXCOM:XAUUSD Hello dear traders. Gold is expected to rise to around $1,993 by the time the FOMC meeting begins. After that, the xauusd process will go through two scenarios. If the price does not stabilize above 1988 ---> the bearish scenario is more likely If the fork structure breaks and gold consolidates above 1988, gold could...
Hi Traders! USDJPY is under more pressure as we head into the final trading days of the year. Here are the details: The price action here on the 4H chart is extremely bearish. The 20 EMA has been broken, the market swings are getting lower and lower without any bullish pullbacks suggests that there are hardly any bulls in the market at this current time. We...
Traders, The S&P500 has been 9 days without testing support and saw All Time-Highs. Today, the daily chart has presented a high probability of resuming the trend after a sharp correction. I already have an existing long that has done well but I'm adding into the position for this setup for icing on the cake. New: Long S&P 500 SPY target 4848.00 Stop 4695
Bounced back from support with good volume and 50 EMA on monthly TF chart. One can long in Sharda Cropchem at CMP.
This is a unique situation. After 770 days, the price has reached above the average of the last 400 days. First, we will attack the $1.2 resistance. Then we reach the resistance of 3 and 4 dollars and that is the end of the upward movement
Already broke resistance andretested, fresh volume incoming and likely to give sharp upmove soon . One can enter at CMP for long term.
I waited for this confirmation, now we have it. Let us see how far this will pan out from here. If you like my analysis of BINANCE:ICPUSDT , follow me now and support my idea. Let me know your opinion in the comment box Cheers!
The stock price is about to give a stong upside movement in upcoming days(breakout move). Trend reversal is expected from CMP. Would recommend to keep this stock in yourwatchlist for upcoming days.
Clear breakout of resistance and trendline on weekly TF with pretty good volume. Price has just crossed both 50 and 200 EMA. One can enter for both swing and long term at CMP.
Hi Traders! AUDUSD is having a strong finish to end the year and is targeting the 6-month high at 0.68948. Here are the details: After the double top at 0.68948 six months ago, AUDUSD was in a bear market for two months and then went into a range zone for three months. Last month, the market finally broke the 0.65175 range zone resistance and has been in a bull...