There was a big rally on the WSE recently - 16 green Heikin Ashi candles in a row. Now it's time for a continuation of the downtrend or, less likely, a correction in the new bullish trend. Why? There is: - an important supply-resistance level - a supply zone - 1-hour confirmation - Head and Shoulders formation - weekly confirmation - an ending bearish candle and...
Gold now in observable motion for upward rally in cope with EUR pairs. After presidential remarks In Europe has Inverted many pairs for a good cause especially EURO pairs.This week mostly Stocks went into a rally shortly after CPI news hit following the rapid move for EURO pairs, GOLD and vice versa as dollar falls in a strong dive as planned by the feds....
$RLY looks like it's finally time to move. As you can see from the chart, $RLYUSD finally broke out of it's downward trendline and looks poised to move higher. Once rally breaks $.02, I see a quick move to $.03 and if we can hold above the $.03 resistance, then I see continuation to $.05 where I think the end of this move would take place. A chance at 3x upside...
EARLIER, i had posted saying if the us markets goes further down what will be there point. (check the link section) lets go on further, recession means what earned everything lost, reached its breakeven point. what profit gained has gone away, with net having no loss and no profit. FIBONACCI ANALYSIS: Fibonacci describes this statement in a very beautiful...
$RLY went a lot lower than most people thought was possible (including myself). I've been waiting patiently and watching for some indications that this could be bottoming and it looks like we finally just got some signals. The big signal that stands out to me is the 2D buy volume being the highest on the chart right at the bottom. That gave me the confidence to...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* !! This chart analysis is for reference purposes only !! If you want to...
26 OCT *NZDCAD Price has break the resistance of 0.78684 and on 4 H timeframe it is also on 200 EMA support. So two cases are - CASE 1 , one is direct hit to the two levels(LEVEL 1 AND LEVEL 2). - CASE 2 , other is RETEST to the fresh SUPPORT and then continue the RALLY. STOP LOSS - 0.78390 R:R - 1:08 OR 1:2.5 NOTE - PROBABILITY IS HIGH ON CASE 2 LEVEL...
Behold, another red ring of death is upon us. For most it's the bringer of pain and destruction. For few, a guiding angel to incredible buy spots, bringing wealth beyond thy beliefs.
KUCOIN:LUNCUSDT $LUNC has obviously been highly speculated on, by "gamblers" and "degens" in the crypto space. I, myself, have even DCA'd very small amounts into it over the past month. While this is, of course, is very possibly a short lived pump, $LUNC has actually made its higher high, above the previous swing-high. RSI's are also showing a strong rise in...
~180% surge on CEO appointment of former LKE boss Stephen Promnitz. Absolutely insane. The start of something incredible in the lithium-rich home of the Gascoyne/Pilbara region of Western Australia. Announcement made to the market at 9:24am AEST on the 28th of Septmember 2022. ASX:QXR
Hello 3700. We've been hanging out in this area for about a month now it feels like. And based on what I said yesterday, looks like the market needs more time to decide which way to go. So let's think about some things. We are technically still in a bear market and this also has the feel of a bear rally. Why? The day the CPI report came out, we gapped lower and...
Possible price action from the recent rally can end within the pitchfork due to the 50sma resistance level (green line in the middle) If that breaks and holds S&P could make a possible move to the up side to test the 200ema bringing it up to the 3865 price mark where it will need the bulls to bring everything they have to the party to breakout of the downward...
XRP showing a very nice Bull Flag on the Daily Timeframe. Upside Potential. Chance to Rally.
SPX seems like a decent area to buy some into end of year holidays. Obviously market could continue to nuke with some sort of event. NO idea after end of year
Hello Traders, here is a long trade idea for NIVIDIA. The market is oversold and overdue for a bounce. Yes, there is the potential that price heads lower but with the DXY approaching resistance there is a strong probability that we will see a bounce in the market this week. NIVIDIA is approaching a key support level at $119, this is an excellent entry for a long...
once price increase from 1.0817 to 1.09144( 0.90%) then i would wait on a retracement to the red zone but the can should close inside that zone. after that i want to see some selling pressure with a red candle close below my 1.06 zone the i would take my entry at the close of that candle.
My cycle patterns suggest a rally phase is likely over the next 7+ trading days - but, the trend is very bearish today. It is almost as if the markets are flushing out stop levels - actively seeking a support level near the June 2022 lows. It will be very interesting to see how the market ends today. If we see a big recovery rally into the close, it may support...
That means the SPY should find immediate support (after it appears a big GAP downward reflecting Europe's recession concerns). Here's a little hint: Bitcoin will likely rally along with the SPY/ES and others over the next 7+ days. The strength of the US economy/US Dollar may drive global investors into US assets and safe-havens throughout the end of 2022 -...