Technical Analysis of Gold In our previous analysis, we identified a resistance level at $2,358 for gold. The price reached this level but subsequently dropped, continuing its bearish trend. Current Week Outlook This week, gold is expected to consolidate between $2,320 and $2,342 before breaking out in either direction. Bearish Scenario: If the price...
This technical analysis is based on the daily chart of BINANCE:ADAUSDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels. Price Channel Analysis: The previous bearish channel is broken out, and a bullish channel is formed. The suggested entry point is around 0.4518 USDT. Entry and Exit Points: ...
I cancelled the previous short position and put a limit on the chart above. Just my own analysis TYOR!!!
Hi, In previous idea i mistake with bulls correction. After 4H timeframe was analyse its clear bearish tendention after big bulls volume was distributed. Bears target 3539 - strong 4H X-Lines level. Support me.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
I think Adobe, which has lost more than 32% since the beginning of the year, has a fair value of $522.30. However, as long as the decline continues, we should wait to buy. You can't hold a falling knife. With a break of the moving average or downtrend, I think it will reach its fair value, and with momentum, it may even go up to $620, which is the long-term...
Last week marked some of the most unclear price action we've seen. Starting on Tuesday, sellers gradually took control from buyers, but most of the action occurred during extended hours (meaning on VERY low volume). On Friday, sellers finally acted during regular trading hours and attacked the market right from the open. However, it seems buyers were only...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
#TRON :small_red_triangle_down: moves in an ascending channel in the daily time frame and is in correction mode in the 4-hour time frame. The price is close to the $0.11120-$0.10520 support area, which is a strong demand area. Its long-term trend is upward, and the short-term trend is downward. To stabilize the upward trend in the 4-hour time frame, the price...
On the above 4-day chart price action has corrected over 75% since the long idea published earlier this year topped out. Now sellers using emotions have provided you with a 2nd opportunity to go long. Why? 1) You know why.. The same conditions as before. 2) Price action resistance breakout. 3) Support and resistance. Price action returns to past resistance....
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hi traders I am seeing gold will reach its support in 2300 area before moving upwards to 2400 or even reach new high of 2500. I will continue update you with more details in the upcoming days! Good luck and happy profit!
nifty important levels for tomorrow, Monday, 3rd June 2024 No trade Zone between 22656 and 22467 Resistance 1 22800 Resistance 2 22941 Support 1 22334 Support 2 22209
OANDA:NZDUSD breaks the bearish trend in early May and confirms the fact that bulls appear on the market. The fundamental background is positive and growth can be considered in the long term. Earlier the price tested a strong descending resistance by a false breakdown. There was no proper reaction in the form of a change of trend or a strong fall....
Boeing failed more than one third of the FAA audits for the MAX, the failures are systemic and the entire board and senior management team needs to be replaced. Add a launch failure and this stock will be toast Monday morning. My prediction is it opens around $165, drop to $142 and it may find some support. This could go as low as $121.
Market Structure is Bullish on HTFs Weekly and Daily at the same AOi Weekly Rejection at AOi Daily Rejection at AOi Previous Daily Structure Point Around Psychological Level 1.63000 H4 Candlestick rejection Levels 6.19 Entry 95% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
Still going with the trend, last week I was wicked out of a position, Looking for a pullback to go long Market Structure is Bullish on HTF Entry is at Daily AOi Weekly Rejection from AOi Daily Rejection at AOi Around Psychological Level 1.27000 H4 Rejection at AOi Levels 1:6.01 Entry 75% REMEMBER: Trading is a Game Of Probability : Manage...
After a significant correction of approximately 50%, price action has now confirmed support on past resistance as shown on the above weekly chart. This development suggests a potential reversal is underway, offering an attractive buying opportunity. In addition to the confirmation of support you will notice price action prints a higher low in tandem with lower...