NIFTY closed below va 1. gapup 22425 long till 22500 2. 22400-22320 trade breakout 3. gapdown 22320 short
After a correction from the supply zone and a correction based on the latest analysis, the price faced demand again and was able to rise to the target of 1.080. Currently, by examining the FX:EURUSD chart, as you can see, after rising to the desired target, the price is trading in a range of around 1.077. There is a possibility of further correction in the...
U.S. crude oil inventories are forecasted to grow by 1.2 million barrels for the week ending May 3, a decrease from the 7.3 million barrel surge reported in the prior week, according to strategists at Macquarie in a recent Monday briefing. The overall U.S. crude balance is projected to be considerably looser than previously expected. technically: The price...
IDEA has reached very lucrative levels for Long term investing. Bounced off near Anchored VWAP which should act as short term support. Stop loss is weekly close below 11.20 fib zone
The XAU/USD trades at around $2,320 after bouncing off daily lows of $2,291. The latest employment report in the United States (US) increased the odds for a Fed rate cut of a quarter of a percentage point in September 2024. Target 1 reached. Enjoy traders! #MOONTHETRUSCALPER #M88NVIP
Join me in a detailed analysis of key zones and movements on the GBPUSD chart. Let's uncover potential strategies and discuss market implications together. Your thoughts and insights are highly welcome in the comments Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The...
Gold price rallied close to 1% on Monday, late in the North American session, bolstered by an improvement in risk appetite due to increased bets that the US Federal Reserve (Fed) might begin to ease policy sooner than foreseen. This follows last Friday’s Nonfarm Payrolls (NFP) report, which showed the economy continues to create jobs but at a slower pace. The...
Speak TRADERS, I bring you a day trade option in the RNDR USDT Crypto. I've posted trades of this type here on my profile before, and they are usually very interesting due to the risk and reward they provide. LOGIC BEHIND THE TRADE This is a change of character that occurred in the early hours of today where the price showed interest in cheaper prices but did...
SNS on Solana dipped down to a weekly demand zone twice building support and is blasting off. This token is pressing up against resistance and I expect a huge breakout here. This was one of the strongest rallies after the big altcoin dip. I expect 11 cents soon given that we have some price action in that region. Just have to work through the 8 cent...
Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #EURUSD daily time frame 🇪🇺🇺🇸 EURUSD is trading in a bearish trend on a daily. The price is falling steadily within a falling wedge pattern. With a recent correctional movement, the price reached the resistance of the range. A trend-following movement may initiate...
GOLD New Forecast As previously forecasted, the price has declined and is nearing our targeted level. Currently, the price is poised to consolidate within the range of 2327 and 2302 before any breakout occurs. Presently, there remains bearish pressure, and as long as trading continues below 2327, it is likely to reach 2302. It may experience interim...
USNAS100 New Forecast The price has a senstive movement between 18030 and 18090 till breaking stability under 18030 means will try to touch 17940 as well, and under it will continue the bearish trend till 17795 otherwise stability above the trend line about 18100 means will continue the bullish trend till 18250 pivot line: 18090 Resistance Price: 18250,...
US30 New Forecast The price moved as our previous idea and reached our target perfectly. So now it is possible to do a retest till 38820 and then start a bullish trend toward 39010 and 39075, breaching 39075 means a continuation bullish trend toward 39285 otherwise closing 4h candle under 38820 will move under the bearish effect toward 38660 Pivot line:...
SPx New Forecast the price reached our target as we mentioned in the previous idea. Now, it still has a bullish trend to reach 5224 from the pivot line which is 5177, so otherwise, it should break 5177 by closing 4h candle under it to get 5150 and 5120 Pivot Line: 5177 Resistance Levels: 5202, 5224, 5249 Support Levels: 5153, 5120, 5103 Today’s expected...
H4 is alreading forming a bearish engulf which leads to bearish direction setup. Wait at the zone for QMC setup.
Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
-Fib PRZ 38.2% to 50% ranging -Untested Supply zone -Untested Demand -Imabalance on the way down -Market Structure shown bearish trend and confirmed it twice, the bulls havent changed the character of it yet
H4 Analysis: Analysis/bias remains the same as yesterday's analysis dated 06 May 2024. -> Swing: Bearish. -> Internal: Bearish. Price has now printed a bearish BOS and iBOS as price needed a pullback from all HTF's Following the shift in structure we now expect price to pullback. First indication, but not confirmation, of pullback initiation would be for...