🔴 Resistance - 3038 🔴 🚀 Target - 3061- 3079 - 3098 🚀 🟢 Support - 3024 🟢 🚀 Target - 3010 - 2996 - 2973 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 15 - 60 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS...
A very good morning to all. The purpose behind publishing this chart is not primarily to talk about "Rupa and Co.". The primary motive is to share the right approach to analyze any chart. What do you look for when you look at a chart at first? I have tried to put in a numerous things that i try to spot when i see a chart. Now to talk about this particular chart...
The manager turns to consider developments in the financial markets in the time between meetings. US data releases generally point to a stronger economic recovery than previously thought, and the market price reaction implies both a higher expected trajectory for policy rates in the near term. longer and long-term insurance premiums are higher. Policy-sensitive...
- Pound Sterling struggles to extend upside amid multiple headwinds. Despite a significant improvement, the UK Services PMI failed to conquer the 50.0 threshold. Andrew Bailey remains confident of bringing down inflation to 5% or below by year-end. - The Pound Sterling (GBP) recovers as the appeal for risk-perceived assets improves but struggles to extend the...
⚡️Gold continues losing ground for the seventh straight day and drops to a fresh multi-month trough. ⚡️Hawkish Fed expectations, elevated US bond yields and bullish USD continue to weigh on the metal. ⚡️A softer risk tone fails to lend support, though oversold conditions could help limit any further losses. ⚡️Gold price (XAU/USD) prolongs its recent...
⚡️The British Pound (GBP) and Yen (JPY) both failed to find momentum to launch the charts for the new trading week. ⚡️The GBP has struggled to find support across the charts after the Bank of England (BoE) kept interest rates steady last week in a split vote, and the end of the cycle appeared likely. The UK's interest rate hike has come much sooner than many...
TCD INDICATOR overlay TCD OSC The new Publishing script TCD INDICATOR overlay TCD OSC GCOV5 COMBINED WITH TCD INDICATOR( TCD OSC) = More Confident when the circle trends detected
The GBP/USD currency pair recently reached the 1.25240 resistance level, leading to uncertainty in the market. In our previous analysis, we identified potential supply zones at 1.25240, 1.25648, and 1.26252. The currency pair remains technically bullish, as the price is above the 20-day exponential moving average (EMA), and the MACD line is above the zero...
Just another reference for myself. Still watching the 800 EMA as an area of support as it begins to curl bullish. I expect this year to be a great accumulation time before a double bottom in the $890 / $900 range and quick spike nearing Fall 2023 / early 2024. The weekly and monthly time frames on platinum/XPT show me tremendous long term strength and a textbook pattern
We're in a wedge here and it looks like it might false breakout to the downsized which I foresee a bounce from the level charted. OR we bounce back up from the bottom of the wedge and break out the wedge.
Chart is pretty self explanatory. Looks like we're do for a push up, watch for confirmation before jumping in.
Consolidating at the top of the range, price-imbalance will most likely lead to FootLocker breaking out of channel towards 64.
Looking to go long here with a PT of about 4Pts. We've found support.
Here's a decent equity play. Looking to get back to anchored VWAP at 11:50 for a PT.
VRM: You wanna see a close above 29.60 for confirmation that price will push back up to 36+
I'm bullish on VISA with 3 pts displayed to take profits. Above anchored vwap and break of downtrend. Lets gooo.
Inverse Head & Shoulders formation on RBLX popping out and retest a trend with a nice push up ahead.
I see IWM dropping from this zone and possibly filling gap below.