My projection for this week was a bit late but nonetheless, bullish projections of lowest displacement fair value gap was the target and yields achieved it, topping out just before CE was met @ 4.696%. Shortly after, yields witnessed a sharp paintbrush retracement mid week and never closed out higher than the highs printed on Wednesday 17th April 2024. On...
TVC:GOLD bullish momentum seems to be exhausted after making All Time High. As It has broken its ascending trendline and support area at 2300-2320, It looks like GOLD will continue its correction towards 2200-2230 zones. In long term outlook, GOLD is still bullish while in short term outlook, We can look for selling opportunities till fib 0.5 retracement.
In the European market on Thursday (April 25), gold rebounded after almost falling below the key support of $2,300. The price of gold rebounded to $2,330.6, but technical analysis believes that the market below $2,333 failed to reverse the bearish trend. A stronger dollar and easing tensions between Iran and Israel have weakened gold's safe-haven appeal,...
USDJPY has been in a strong uptrend, recently consolidating within a rectangle pattern. Price attempts to hold above the rectangle and potentially challenge the monthly resistance level. Always practice proper risk management with stop-loss orders
Hello, guys. This is ESS team. If you have position in FLOW, please CHECK this VIEW. ================ Candles are once again challenging up with GREEN line's strongly support. If support is confirm, The Candles will go to challenge to the red line.
TRG has been experiencing some downward presseure recently with a series of lower highs and lower lows and now in a accumulation phase. However, recently it broke the bearish trendline with strong bullish div on daily, if candle closes above accumulation zone 74.81 then we will enter at 76.15 , with a secondary buy opportunity at 71.69
Trading Plan for Thursday, April 25th, 2024 Market Sentiment: Uncertain, with bulls maintaining short-term control. Key Supports Immediate Supports: 5088-92 (major), 5082, 5077 (major), 5067 Major Supports: 5054-57 (major), 5033-36 (major), 5005-10 (major), 4966 (major) Key Resistances Near-term Resistance: 5104 (major), 5115-20 (major), 5133-36 (major),...
Looks like tatasteel taking support on the trend line, more chances to test 180 on the higher side, lets see if this works
We can attempt to buy OBOY from specified levels as it give breakout of trendline resistance , accumulation phase , also there is no bearish divergence at current levels. SL , TP mention in chart.
After a test of a strong horizontal resistance, Dow Jones broke and closed below a support line of a rising parallel channel on a 4h time frame. We can expect a retracement to 38230 / 38066 ❤️Please, support my work with like, thank you!❤️
Apple is having a tough period with weakening China demand, lack of growth and innovation, AI lag, regulatory challenges that threaten its lucrative walled garden business model and other headwinds. These challenges weigh on the stock, which shed more than 10% in the first quarter. Along with Tesla, they were the only stocks to fall, among the Magnificent...
Today, I shorted gold near 2330 many times and went long gold in the 2318-2315 area many times. I achieved 7 consecutive short-term trading wins during the day and made a total profit of more than $19K. It should be regarded as a relatively good short-term trading result! During the rebound, gold continued to rise with a strong positive line, reaching the...
SBI CARD first took 140 days, secondly 160 days and thirdly 260 days to reach support of 650 from all time high. This suggests that the sellers are weakening, now there has been a good bounce from the 650 support and a minor trend line break out has taken place, I expect the stock to look at the all time high soon. I think it is a good time for swing traders to...
Market structure showing us bearish momentum, broken structures. respecting supply zone retesting liquid area for london session looking for a good risk to reward on this trade
Hello, there! GOOD to SEE YOU. LTC is retesting now, after breakingout the downtrend line(long-term). If you see a rebound in the current section and breakout the red resistance line up, It will rise with huge movement . Look forward to it!
FX:XAUUSD is moving out of the sideways range downward. The price is testing 2328 within the framework of correction on the background of news. Earlier, the structure of the bull market was broken, which in general can determine the medium-term potential. “GOLD → Bears win. Downward counter-trend correction ↓” The price is testing 2328, which is actively...
BINANCE:BTCUSD is testing 71572 and forming a false breakout, I have emphasized our attention to liquidity above this level in a separate idea. Trading inside the range after capturing liquidity continues and the market appears to be preparing for a halving. (April 6 idea: BITCOIN → Trading inside a sideways flat. ↑ 75K or ↓ 60K?) The false break of...
Hi traders, I am seeing that XAUUSD follows its trend line but might soon seeing temporary reversal to fuel its bullish movement even further. Good luck!