Immediately as trading got underway in the Asia session, the flight to safety was clear following the attacks over the weekend on Israel. This initially set us up short on the EUR, which unsurprisingly dropped below last weeks bullish close to continue it's slide. My first entry was short @1.05300. I wanted to give price time to settle after the London open to...
After breaking out the strong bear trend over the last week and continuing the momentum yesterday post JOLTS to 1950 volume has slowed down and price met with a key S&R level which has previously been a pivot level for inner trends. If we can get a rejection off the 1948-50 area and a bearish pivot back down to 1940 we could then see the price fall to around...
Sorry for the clickbait title but I am feeling the vibe on this one. I know, I know. Targeted by the SEC as a security. But, on the other hand, one of the tokens legalized by the Hong Kong market. Outside of debates regarding fundamentals, let's dive into what the technicals seem to be showing us! First, take a look at the beautiful triangle! Dang son, it don't...
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From few days market is moving side ways in downward direction; and right now market made support here and tries to move upward from here and break the downward trendline if price successfully breaks the trendline and 1st resistance then we can expect a bullish markert. wer can open a buy trade when the market comes for a retest.
Right now market is in support zone and trying to pull back from support zone from few days market moving in a rectangle zone i.e If market successfully pullback from support zone then we can expect a upward trend following rectantangle zone till 1.15141 if it brake the resisrtance then market will again move upward direction and price will come nearest...
GBPUSD You can find me on tradingview.com Strategy Bullish The British pound held firm around $1.28, staying close to its peak of $1.2848 recorded in June 16th, as hotter-than-expected inflation numbers raised anticipation among investors that the Bank of England would respond to the persistent inflationary pressures by implementing further interest rate hikes....
GBPUSD stabilizing above 1.31000 will support rising to touch 1.31444 then 1.31683 then 1.31988 stabilizing under 1.31000 will support falling to touch 1.2996 then 1.2949 pivot price: 1.31000 Resistance prices: 1.31444 & 1.31683 & 1.32248 Support prices: 1.2996 & 1.2949& 1.2885 timeframe: 4H
This morning's CPI numbers sent most stocks up fairly nicely this morning. TSLA being one of those in which we were looking for a support breakdown potentially if those CPI numbers were at least more than expected. I'm happy with the CPI Numbers, if the markets are, so we are following suit with Calls going into September Fed Decision.
After announcing their partnership with UberEats and others, we had an explosive breakout this morning to $409.47 this morning, breaking above the $394.99 Level of Resistance before pulling back below and hitting the 50% Retracement Level ($378.50) before starting to retest that $394 Level. I'm looking for a potential $419 retest at least, if not higher those...
btc looking good here if we can break the falling wedge or we could go and rest the lows again either way good time to start averaging in
1 Potential divergence spotted while price is near a weekly level of resistance. Price broke May 1st high. However, I believe that there could be a potential pullback of at least 30% of the Fibonacci price level. $408 seems like a reasonable target.
4 Potential Divergences spotted at the current price level. Price may push towards the 90% fibonacci level. Strong resistance level located near that level.
4 Potential Divergences spotted at the current price level. Price may need to pullback towards the 90% and 100% fibonacci levels. Price may continue to move deeper than the 100% fibonacci level but we need to see further data if that level is breached.
Three divergences have been spotted at the current price level. The 30% and 50% fibonacci levels are two safe profit levels for this setup. Price may need to pullback to a recent level of strength or further.
Two Words…. LETS WORK. Looks like the car is running out of gas at this level don’t you agree?
On Wednesday, May 17, crude oil ran around 70.7/barrel; crude oil fell on Tuesday, as weaker-than-expected economic data offset the impact of the International Energy Agency (IEA) forecasting increased global demand, and the United Nations economic outlook report showed a strong recovery in the global economy , the outlook remains bleak ahead of the outcome of...
Going with the trend we can ensure our profits, sure enough! We are going on a downtrend, a reversal since May 23, we can see a new LL created after breaking an old HL, and creating a new support selling in this trade 1.5 Trade at your own risk!