We observed two unusual breakouts on the DXY chart. The market had been in a consolidation phase for about a week plus, during which the price formed a triangle pattern and a horizontal range. Both the triangle support and the range were broken, indicating strength in selling pressure. This suggests that the price could potentially drop to the 105.00 support level.
am not bullish on the market. I am mostly holding selectively bullish until we get a sub $12 dip in the VIX. That's when I go long on UVXY, UVIX, URA, possibly GLD, cash, and short SQQQ and other stocks. If you look at the 1-month to 6-month history of the VIX back to as far as it goes, like the 1999/2002 tech bubble bursting, 2007/2008 RE Crisis turned Great...
✅DAX is trading in an Uptrend and the index Broke out of the falling Wedge pattern so our Bullish bias is reinforced And we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
DEMO: ICT liquidity sweep, market structure shift, fvg for entry
Dow quickly turned neutral again on its 1D technical outlook (RSI = 49.651, MACD = -238.11, ADX = 37.915) not staying for long on its previous bearish state as after hitting our TP = 37,300 it rebounded emphatically and is about to test the 1D MA50. The pattern was the same as the prior corrections inside the Channel Up: pullback to the 0.382 and -6.95% in...
"EGX30: The Epic Adventures of Market Mayhem and Superman's Potential Rescue!" Summary: In a whirlwind of chaos, the EGX30 market faced crashes, outages, and blackouts while institutions sold stocks, leading to a 10% loss in just four days. Will Superman save the day as the market teeters on the brink of collapse at 24,400 points? Stay tuned for this epic...
DXY Trading Journal Analysis It seems likely that the DXY will be seeking lower prices going forward as the bias. Gravitating to the 50 % Equilibrium level on both HTF and LTF. Today Price delivered to take the sell stops from April 18 and coming to the middle of the D BISI in an attempt to rebalance it. For the week I would like to see price seeks the 50%...
Monthly-timeframe After an extensive bull run breaking all-time highs since December 2023, the bulls are finally taking a breather and price is retracing towards November 2021 all-time highs, will this old level of resistance hold price as support? Time will tell but this market is extremely bullish and unless a crash is due, this is just an opportunity to buy at...
Adding NASDAQ:OM here at a discounted price. I believe in #MANTRA team. Buying every dip of NASDAQ:OM as it will outperform in upcoming days. So many developments are ongoing. Something big is coming!!
Long trade on 4hr retesting the channel breakout on the 4hr chart. Just be aware as the breakout has low volume therefore be quick to move to breakeven is order gets triggered.
Recent Price Action: Bank Nifty recently experienced a structural shift by breaching the 47,800 level. Currently, the index trades within the resistance zone of 48,119 - 47,940. This zone can be interpreted as a liquidity sweep area where supply and demand forces may find equilibrium, potentially leading to a retracement. However, a sustained break above 48,120...
Yesterday's Recap: As anticipated, NIFTY traded within a defined range for most of the April 23rd session. This followed our prediction of a consolidation phase after the breakout above the previous swing high of 22,340. Current Market Structure: The breakout above 22,340 suggests a potential shift in market structure. However, prices are currently seeking a...
Rounded Bottom or Cup & handle Bullish pattern formation Higher High Higher Low swings RSI > 60 Target 1 = 38750 Target 2 = 39050
The dow has been continuously in uptrend . The bullish trend is clear and safe. And currently in resistance zone which is violated so long position of 1:2 can be plan accordingly. The current low in the Dow is by institutional.and if this low breaks (sl.hit) them the trend will.be negative for sometime
we delve into the dynamic world of the Nifty index, providing valuable analysis and commentary on significant levels that traders need to keep an eye on. From crucial support and resistance zones to potential breakout points, we aim to equip you with the insights you need to navigate the Nifty with confidence. Stay tuned for regular updates, technical analysis,...
BUY ABOVE - 48120 SL - 47940 TARGETS - 48260,48400,48510 SELL BELOW - 47940 SL - 48120 TARGETS - 47840,47700,47560 NO TRADE ZONE - 47940 to 48120 Previous Day High - 48260 Previous Day Low - 47940 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22430 SL - 22360 TARGETS - 22470,22510,22570 SELL BELOW - 22360 SL - 22430 TARGETS - 22320,22270,22210 NO TRADE ZONE - 22360 to 22430 Previous Day High - 22430 Previous Day Low - 22360 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...