Long term short position, explanation shown! The price is in a strong Short POI, I used external ExpertAdvisors, available only for mt5, and indicators, including LVL2 data. Not investment advice!!!! Short position is placed on the chart for illustrative purposes only! Always Analyze and look for your own entry, don't blindly follow anyone!
CRYPTOCAP:ADA bounced off the resistance level and the descending trendline. Decline to support level at $0.53 is expected to happen.
Uranium has now reached our orange Target Zone between C$26.86 and C$28.77. According to our primary expectation, this is the area in which we locate the high of the green wave (B), which is why the price should now make a small final rise before reversing. Subsequently, a pronounced sell-off is then on the cards with the green wave , which should reach the...
Short position After breaking the support formed at the price of 41360 Entry 41100 The loss limit is 42200 Risk Free 40000 The profit limit is 38800
Tata Consumer Products Ltd (TATACONSUM) is at all time high and at the peak of the Uptrend Channel. Previously the price has moved downwards from the peak of the channel and it looks like it can behave the same. Volume it pretty low. I am shorting this stock. Entry - 950 Stop Loss - 970 Target - 900 Risk to Reward - 1 : 2.5 Share your views in the comment below
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: The price entered the downtrend line area, setting up a SELL signal ⭐️ SET UP EUR/NZD PRICE: 🔥SELL zone: 1.75500 - 1.75650 SL 1.76000 TP1: 1.75100 TP2: 1.74700 TP3: 1.74400 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable...
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: Monday, set up a SELL signal right at the nearest resistance zone, no important economic data today ⭐️ SET UP GBPNZD PRICE: 🔥SELL zone: 2.05200 - 2.05350 SL 2.05800 TP1: 2.05000 TP2: 2.04700 TP3: 2.04300 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support...
Here is my idea for today potential break down of the GBP/CAD forex. On the weekly timeframe we reach a level of rejection and we are now about to have a trendline break for the downside. Maybe the entry is too early but I have some indications that can confirm the odds of breaking the trendline on this next push. Great Trades !
After a veerrryy long range on the daily/weekly timeframe, we finally have some potential action for the downside. I will not be very stubborn for this idea due to the long range we had. Great Trade !
For now I don't have any specific entry point on the asset but here is what I will be watching for the next days for a potential short position. I will update if we see a short pattern on this currency. Great Trade !
GBPJPY bounced from support as I have shared. Now we could see a big pullback coming as GBPJPY already moved with more then 1% today. If I see price getting rejected in this zone I will be looking for short positions! Let me know what you think!
Hi , as i clearly pointed out here , BTC is making HH on Lower Volume !!! in any technical view (i literally mean ANY) this is known as OVER BOUGHT (or sign of weakness ) so although i no longer trade crypto (cause it doesn't make technical sense anymore) i still suggest to sell or at least dont BUY !! ur money ur choice , i made my own mistakes in the past ,...
Welcome Investors, Dear Esteemed Viewers, Technicals Today's the 30 of November, and EUR's uptrend suffered a breaking. Technically, it means the downbreak of the rising dotted purple trendlines. This technically important price action aligned with a bearish cross on RSI and a bearish daily candle. The target price of this bearish setup is about $1.082, and...
Here is my thoughts on NYSE:BAC I am watching for this to go down here in the near future. I will be looking for a rejection of this supply zone with the Heikin Ashi candlesticks. My Take-Profit is the first gap fill and my SL would be at the top of the supply zone. As you can see here, we also have the MACD slowing down the buying pressure. Thank you as...
Price has been consolidating at a major Resistance level where price has dropped dramatically in the past. Short positions between 4600-4630 zone. Targets @ 4395 & 4330 Confluences: Consolidation under Resistance, Hanging Man candle on the weekly timeframe hinting at signs that buyers are losing steam, evidence of Divergence, 50MA and 200MA are at the .50 and .382...
Here a new short idea on the tech sector through the NASDAQ index. After a good bullish scenario due to the break of the trendline, we have now reach the last high and struggle to break it properly. The 16060.0 had been strongly rejected and now we could see a bearish momentum to see some lower levels. As usual, here is my most optimistic target but of course the...
Greetings, Fellow Traders, Technicals and Chart Explanation Indicators Trendline: A trendline is a diagonal line connecting at least two price points, typically peaks or troughs, to determine the overall direction of a trend. In this case, the downward trendline suggests a prevailing bearish trend in USDJPY. Resistance: Resistance is a price level where...
⭐️ Smart investment, Strong finance ⭐️ USD/CAD INFORMATION: During the Asian trading hours on Thursday, the USD/CAD pair is experiencing a stronger performance. This improvement can be attributed to the increased demand for the US Dollar (USD) and the decrease in oil prices. Currently, the USD/CAD is trading at 1.3605, representing a 0.09% decline for the...