$VARA has broken out of it's downtrend and has been consolidating on top of it's trend line. I lean towards a big move higher from here. Once $VARA breaks the $.15 level, we should see continued upside. I've marked off key resistance levels to the upside, let's see how high we go.
Bitcoin seems to be repeating the pattern that played out last December and January. Breakout to short term high, followed by choppy retracement. Then a lower high followed by higher post breakout low. Then minor break back to short term high. Makes me wonder if we will see something like the orange pattern with a retest of short term low follwed by a break to...
World gold prices increased slightly with spot gold increasing by 5.7 USD to 2,337.4 USD/ounce. Gold futures last traded at 2,358.4 USD/ounce, up 13 USD compared to yesterday morning. World yellow metal prices continued to conquer new records at the beginning of the week, boosted by central bank purchasing activities in Asia. Previously, spot gold price hit a new...
Dear friends, today after gold opened lower and fell back to the 2305-2300 area, it rebounded again and hit a new high near 2353. At present, gold has fallen back and remains near the 2338 position. Today’s transaction can be roughly divided into two parts. First, we ended our short position in the 2305-2300 area and captured good short profits;Secondly, I...
Dear friends, today after gold opened lower and fell back to the 2305-2300 area, it rebounded again and hit a new high near 2353. At present, gold has fallen back and remains near the 2330 position. Today's transaction can actually be roughly divided into two parts. First, we ended our short position in the 2305-2300 area and captured good short profits;Secondly,...
Price rejected from the bottom of the Daily range with a lot of bullish momentum. As we scale down to the 4H, we can see price forming an inv H&S. A break/retest of the neckline and trendline would produce a very favorable long opportunity to the next swing high.
Squeeze at the lows. Time for at least a bounce. 30 min timeframe. After the drop after dilution.
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"I am eyeing an opportunity in GBPUSD with a target price (TP) set at 1.27000, coupled with a stop-loss point at 1.26380, indicating a strategic approach to managing risk and maximizing returns in the market. FundamentaI stiII positive for GBPUSD "
"I am eyeing an opportunity in GBPJPY with a target price (TP) set at 193, coupled with a stop-loss point at 191.800, indicating a strategic approach to managing risk and maximizing returns in the market. FundamentaI stiII positive for GBPJPY "
"I am eyeing an opportunity in EURUSD with a target price (TP) set at 1.09120, coupled with a stop-loss point at 1.08400, indicating a strategic approach to managing risk and maximizing returns in the market. FundamentaI stiII positive for EURUSD"
Apple stock ready to surge after long consolidation
NASDAQ:TSLA Bearish to Bullish Break out Coming Soon with bottoming pattern. Waiting for a buy alert from our indicator before we go long. The technical analysis description "Bearish to Bullish Breakout to the upside" typically indicates a transition in market sentiment from a bearish trend to a bullish trend, accompanied by a significant upward price movement....
Hello Traders and Investors, today I will take a look at the Nasdaq. -------- Explanation of my video analysis: For over a decade the Nasdaq has been trading in a pretty obvious rising channel formation. We saw the last retest of support in 2022 which was followed by an enormous +70% rally towards the upside. Considering that the Nasdaq is now retesting the...
2024-03-17 On St. Patrick’s day this pair looks greener once again after the Bitcoin mood turned negative this weekend and erased about a third of WIF’s gains in prior weeks. Since trading began in December, the pair experienced an Elliott triangle correction into the last week of February, when it finally took off in a clearly structured impulse wave that took it...
The gold market has experienced significant volatility. At the beginning of the Asian market, the price of gold fell to US$2,302.89 per ounce, but then quickly rebounded to a record high of US$2,354.07 per ounce. During the European market, the price of gold was stable at around US$2,338 per ounce. Gold prices hit a new all-time high on Monday based on recent...
I think this thing has room to run. It's had its $h!t pushed in. It's broken it's down trend. It's down massively. Good risk reward if it doesn't go bankrupt.
NYSE:KMX stuck at a crossroads! After a triple bottom tease and a failed retest of support, is CarMax finally ready to break free? We're hovering right at resistance now, but the 50 and 200 SMA are offering some serious bullish encouragement. Buckle up for a potential breakout towards $120 if bulls can muscle through!