potential short term reversal area. look to see H4 broken for more upside
S is looking to breakout after a really nice PEG in December. Hit resistance just below $28 and then consolidated down. 20 EMA now acting as support and it looks ready to explode higher.
Comprehensive Bitcoin Analysis: ** Overview :** In this in-depth analysis, we explore Bitcoin's price movement on different timeframes, focusing on the daily and hourly charts, and delve into the potential Elliott wave counts for a long-term perspective. As of now, Bitcoin displays interesting dynamics, testing crucial support levels and showing signs of an...
Hello guys, I hope you are doing well Let's review what happened last week You can see the gold chart in 1 hour. As we expected, the resistance zone prevented the growth of the gold price. We have a support level, we have to wait for this level to be broken, if we had a close candle below this level, we can enter sell positions in reversals. There is a...
Good morning, traders! ☀️ Hope everyone had an awesome weekend filled with relaxation and good vibes! 🌟 Still patiently waiting for OANDA:XAUUSD to hit that sell zone I've been eyeing for a few days now. 📉 Looks like today might be the day for that setup to finally unfold. Let's stay sharp and see how it plays out! 💪 Wishing us all a fantastic start to the...
please read full info before execute 1) 4H bullish trend 2) price is running in 70.5% in fib zone 3) 5min price multiple time rejected and formation of Wykoff with clean SC,AR,TEST & PURGE 4) BOS in 5min with impulse move and broke recent structure printed demand zone Thank you for reading and please share your valuable knowledge to learn me too
FX:EURGBP Preference: According to early PMI survey data, business activity growth in the UK has accelerated for a third consecutive month in January, indicating a promising start to the year. The data suggests that the economy is likely to grow at a quarterly rate of 0.2% after a flat fourth quarter, thus avoiding a recession and showing signs of renewed...
Turnover for the Asia Session and Into London. 1H Heiken Ashi showing move up starting. Entry on 5 Minute. Trailing Stop Set and Targeting Fib Golden Area for first TP then Order Block above swing high for TP2.
Ford has scaled back its EV ambitions in consideration of the marketplace while TSLA drops its price in the Eurozone and falls into less than first place in the China EV market. Ford's F-150 truck continues to dominate GM and the others in North America. On the 4H chart, first a price uptrend and then retrace to the 0.5 Fib level and a reverse into a new...
Stock is trading at it's all time high levels. The stock looks poised to break upside for a target of 30%. It has been consolidating since 3 weeks. The RSI in lower timeframe supports an entry at 490 range. Targets can be trailed as per pivot levels for a 30% move.
TVC:DJI DJI will be able to create RSI divergence in the near future? DJI will have an adjustment in the near future, but no one knows how much, where and at what price. But in a certain expectation, I think that the case of the price increasing a little more (maybe to near 40K) and then creating an RSI divergence is a fairly typical case for this bullish pattern.
As per my analysis, NSE:SGL has retraced after breakout of 18.95. Now price again ready to move for upside. Best buy level to take entry is 18.00 with stop loss of 14 (-04 Points Risk). Expected upside target as per Fib Retracement would be 23.80 (+05.80) & 27.75 (+09.75). This could be low risk and high reward idea. Note: This is my personal analysis, only to...
Entry: with price above 36.50 Volume: with volume greater than average. Normally I would say greater than the volume from the previous high, in this case 6.032M, but given that volume is from earnings, that is unlikely. The more volume the better. Target: 39.19 area. This is an area, you might consider existing early if price drops below a significant...
Entry: with price above 505.48 Volume: with volume greater than 41.61M Target: 590.09 area. this is an area, you might consider existing early if price drops below a significant moving average such as the 20 or 50 EMA. YoU might also considering holding some portion of the trade longer as price closes above significant moving averages. Stop: Depending on...
Asset: EURUSD Bias: Bullish Price range: 1.0765 ~ 1.0735 Confluences; 61.8% retracement of 2023’s 4th quarter bullish rally 100% extension of the first bearish wave from 28 Dec to 5 Jan (Healthy corrections appear in 2 equal legs) (Elliot wave) (Harmonics) The lowest level reached in Dec 23, price flirted but never closed below this level during Dec 23. ...
NSE:SHANTI has been given a confirmation bullish breakout above level of 19.75. Best level to take buy entry is 21 with stop loss of 18 (-03 Points Risk only). Expected upside target would be 30 (+09). This could be low risk and high reward idea. Note: This is my personal analysis, only to learn stock market behavior. Kindly do your analysis before take any...
NSE:BIOFILCHEM has been identified as breakout and ready to retracement of 0.236% from its lifetime high. Best level to take buy entry is 63 with stop loss of 53(-10 Points Risk). Expected upside target would be 72 (+09) & 88 (+25). This could be low risk and high reward idea. Note: This is my personal analysis, only to learn stock market behavior. Kindly to...
Hello dear traders In Dogecoin currency, the price has reached the resistance range due to being in a downward trend after its price correction. This resistance zone can decrease the price due to the presence of necessary liquidity. The loss limit should be above the dotted line indicated on the chart, and for the entry point in the resistance zone, enter...