Consider a potential swing trade opportunity in Craftsman Automation . Reasons are listed below : Strong Support at 3700-3800 : The stock has established a solid support level in the range of 3700-3800, formerly a resistance zone, indicating a significant shift in market sentiment. Bullish Hammer Candlestick : A bullish hammer candlestick observed on the...
Hello TradingView Family / Fellow Traders, For those who know me, I always enjoy studying previous price action. 📌Today, I want to share an interesting pattern I found on ETH. Back in Summer 2021, ETH experienced a parabolic bullish impulse (depicted in blue), followed by a correction (shown in purple) to reject the $3000 support before commencing another...
Container Corporation stands out as a promising prospect, supported by compelling technical indicators, inviting closer scrutiny. Reasons are listed below : Container Corporation has exhibited resilience at the 815 level, undergoing multiple tests before breaking through. The ongoing retest of this level signals a potential paradigm shift in the stock's...
EURNZD may bounce from a key intraday support. I see a double bottom after its test and a strong bullish imbalance on an hourly time frame. Goal - 1.805 ❤️Please, support my work with like, thank you!❤️
The world gold price just went through a bad session when it dropped to 68 USD/ounce after just one trading session. Investors sold off massively, causing the precious metal to quickly fall to close to $2,300 per ounce. Investors witnessed the largest single-day drop in more than three years. Gold futures price dropped sharply by 65.6 USD/ounce (equivalent to...
1) Stock is in uptrend in Monthly , weekly. 2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same. 3) Weekly Price shows Morning star reversal. Note : This stock has not participated in the bull rally of 2023. Entry - Anywhere between 122-135. I see aggressive entries can be...
wti crude oil comment: Market is making marginally higher highs on the 1h tf but it’s a reasonable triangle we are in. I think it will chop some more inside before another breakout and I think that will be news related/event driven. current market cycle: trading range key levels: 80-86 but converges inside 82-84 bull case: Bull legs inside the range...
NEAR/USDT has been experiencing a significant uptrend over the past few weeks, but recent price action suggests a potential reversal might be on the horizon. A key support level has emerged, and a breakdown below this level could signal further downside momentum. A breakdown below this level could unleash additional downside potential, offering short trading...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
🔍In today's ever-evolving crypto landscape, marked by its characteristic volatility, it's imperative to conduct a thorough examination of potential trading opportunities. Focusing our attention on STX, a project with substantial potential within the realm of Bitcoin's second-layer solutions, we embark on a detailed analysis aimed at identifying strategic entry...
Based on the 4-hour short-term chart of the FX:EURUSD currency pair, the price has been trending upwards from the 1.060 support zone. The price is currently trading above the EMA 60 and moving towards a supply zone. 🔹The current outlook is positive, with a potential for further upside movement towards the target zone of 1.077/1.080. ⏭An alternative scenario...
Hello traders.. Ever Since April 16th we can observe a pullback on Eurusd. We recieved bullish fedspeak on April 16th, as Chairman Powell mentioned the recent interest rate hike intervention is not having it's intended affect. The jobs market is hot but the real issue is 2 consecutive months of increasing inflation. This issue may cause interest rates to remain...
hello dear trader and investors there are two senario for bitcoin senario 1 : if price close below LL on 59077 this patren will be activated ( can can + fake out ) institutional price action …. after collect some liquidity on the yellow area senario 2 : if price close above HH on 73700 price can hit 89000 and 92000 without any liquidations … Bitcoin(BTC) Drops...
Gold prices are attempting a slight recovery during the Asian session after finding fresh demand near $2,355 once again. Gold prices took advantage of the softer risk tone and sustained weakness in US Treasury yields, despite recent hawkish comments from the Fed. XAUUSD trades above 2370 and the daily chart suggests the slide could continue. Technical indicators...
The EUR/USD currency pair is going through a period of volatility as tensions between Israel and Iran do not escalate. This has reduced geopolitical risks and decreased demand for the US Dollar as a safe-haven asset, leading to a slight increase in the pair. However, despite a slight increase in EUR/USD, the overall trend remains bearish. EUR/USD is maintaining a...
Good Evening and I hope you are well. overall market comment Bulls got excited again and calling for new all time highs after a 3 week selloff. Well today was the expected disappointment for the bulls, after euphoric bears got disappointed last week. That’s what markets do after wild moves. No one knows where it’s going and market is looking for the fair...
The stock is poised for a breakout move above it's all time high. Trend and RSI Momentum intact. My SL would be strictly at 624, target - 711.
As you can see in the chart, the price of CAKE has experienced significant growth after a period of decline and volatility. The price bounced back from the $1 support zone and has since experienced another minor increase after a pullback to the $2.50 demand level. The price is currently trading at $3.20. By examining the behavior of candles in the long-term time...