Current Market Overview: The EUR/USD pair has recently reached a significant support zone and has broken below a key trend line after experiencing some fluctuations within this zone. This breach signals a potential shift in market dynamics. Technical Analysis: 1. Support Zone: The pair has reached a crucial support zone, suggesting a potential reversal in the...
today is critical day to confirm ending of correction details are in the video
if wave A ended, moderate Target 56EGP today is critical day. Details are in the video
Looking for price to break above H4 Resistance to continue bullish, but if price breaks below daily support, look for sells.
68.7-69.5 EGP is THE Bearish order block. Tried to by passed it in Thursday session, and failed. However, the analysis demonstrated end-of-correction.
This stock in neutral mode - means neither good for selller or buyer Advice -- For quity trader -- please trader according to my red Trendline price and sell above Trendline -- stopp loss is mandatory if Trendline broken For option trader -- seems market can go up 200-300 points to touch upper red Trendline For more chart analysis comments me in this post.
5M timeframe below KUMO Chikou span downward facing Rebound breaking point 119.6-120.17EGP
Yesterday Idea went good , though short position as i said was risky and got stoplosed at entry, though longs are blowing up insame profit. We are now moving in high resistance, On higher Tf we are extremely bullish while on lower we are looking kinda bearish , we might get spike soon like 600 dolars 15m candle for 800 dolars. I dont know if it is good to short...
My trading plan does not allow me to buy into new highs. However it's not safe or practical to aimlessly short the high. A sell stop order is how I safely trade the highs. I am Bearish to Neutral for now. Waiting for significant signs of bullish support. Seasonally, the market is Bearish/ corrects on average going into February. 🫡🌊
I don't like this setup. The recent increases we've seen are just to reach the edge of a wedge, which is the classic movement before a fall, and the wedge has a descent of 25%. so, be careful!
If you've been following GME with me, you bought at 12.5 and below last month. Sell target 1 was 16.9, we came close but lost a tiny bit on the first topside pump. We bought the dip around 14.02 and below, and we were looking for 18, 21, and 25 with small retracements in between. I'm not sure, but per indicators, it seems we might see the higher targets of 21...
Just an idea, you can see Xrp went for $0.1665 to $0.5000 Then snapped back to $0.0085 before ripping up to $3.50 Always watching this coin because we all see it’s huge pontential, with BTC making a pattern to drop and black rock trying to control the market, I imagine we could see a sharp push up to collect, followed by a heavy retracement down before take...
I have been using Strangles in NYSE:BEKE for the last weeks, strikes 15/16 with expiration every friday, made a whole bunch of money, price is usually around that channel. If price ends up outside the channel just rollover.
Uncertain EURUSD, but These Levels are likely Important Dear Esteemed Members, I know when I say the EUR can go up or down, doesn't seem to be useful, but I believe the outcome depends on resistance or support break and fundamental factors. As per the latest technical analysis updates, it is widely agreed that the EUR/USD exchange rate is currently...
USDCAD has been Ranging in higher timeframes. On lower timeframes, a Bear market predominates. Price approaching Significant Zone: 1.30900 - 1.31775 Although zone was used previously as support, momentum indicates probable continuation passed this zone onto lower prices - unless proven otherwise by future price movements. Opinion is currently Neutral ...
According to the Bureau of Economic Analysis, US GDP in the third quarter increased 5.2%, up from an estimate of 4.9%. Stronger GDP data boosted the USD. Expert Jeffrey Roach of LPL Financial, a financial company, said that inflation is trending down, consumers are still spending but at a slower pace, and the Fed can end the cycle of raising interest rates...
KNRCON in Wedge pattern at top trend line check if opportunities comes for Beakout out.
The technical analysis for XAU/USD (Gold/US Dollar) is showing a neutral to slightly bearish sentiment at the moment. The summary from a technical analysis is neutral, with moving averages giving equal buy and sell signals (6 each). However, the technical indicators are leaning more towards sell (4) than buy (2), suggesting that there might be a slight bearish...