In 1 hour, we are expecting US PPI report. Ahead of the release of that data, I see a bullish price action on US30. After a test of an intraday support, the Index started quite a long correction within a narrow horizontal range. Its resistance was broken with a strong bullish candle, indicating the strength of the buyers. The market may bounce. Goal -...
DJT has some crazy short float percentage. Currently around 193%. Let me be clear, the fundamentals of this company are just simply bad. This is not for the faint hearted and this idea is pure gamble and sentiment play. Looks like we have entered meme season and election is coming up. Trump supporters might be ready to buy this hand over fist and everyone likes...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello Dear Traders. 🔴The market has reached the end of its suffering range and our team's holiday break is nearing its end. ⚡️ In this post I will track the BTCUSDT movements as long as it stays inside the Box. 🔴The past few weeks, the pressure of market volatility was very high and we needed a break. We will review the...
EURJPY leaves clear bullish clues, after a breakout of a solid intraday resistance last week. After the violation of the underlined structure, the price started to consolidate within a horizontal range. Bullish violation of the resistance of the range this morning is an important bullish confirmation. We can expect more growth now. Next resistance - 186.5 ...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
DJT has had some wild swings lately. Impressively DJT pushed deep into overbought territory on the longer duration weekly timeframe. The company is sitting on under $400K of cash and carries a debt load of nearly $6.8M! From a technical standpoint how can we take a view of where the price might go next? With all the noise the monthly timeframe is where I think we...
Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. Fundamentals are good. Rising OPM, Net profit, EPS with consistent tax rate. Good 3Y ROE, sales and profit growth. Reducing debtor days. Stakes increased by Promoters, DII, FII in last 2Q. No:of Shareholders jumped in recent quarter expecting good result. And company...
Gold has broken out 3 month pennant. In my opinion, it is ready to go test all time highs now (I am super bullish). The best part of this breakout is look at the volatility measure through GVZ. GVZ has tested the lows and is starting to have a bounce. Every time Gold has tried to go above 2100, GVZ has been very high but this time around it's the other way...
CADCHF pair broke and closed below a solid intraday horizontal support. After a violation, the market retested the broken structure and started to consolidate. A bearish breakout of a support line of a consolidation range gives us a strong bearish confirmation. It increases the probabilities that the fall will continue. Goals: 0.6587 / 0.6567 ❤️Please,...
Neo is a ticking bomb because whales have been accumulating, which can be seen on the chart. We have a pretty long accumulation zone, and once it breaks, we can expect a Tremendeus pump. You want to buy NEO Lower, wait for a breakout, or just wait for my next analysis, and I will notify you, so make sure you follow my account. From the Elliott Wave perspective, we...
SUN is another gold mine that can make a lot of profit in 2024! We can see that we have had a 622-day long consolidation at the bottom of the chart. It's very important for whales to accumulate their coins so they can pump them and make a lot of money. What we want to do is spot the buying activity and buy before the pump! I am definitely bullish on this coin,...
We can attempt to buy GBPUSD from specified level as it make Bullish Rectangle Pattern (Continuation pattern) , also 0.5 FIB level intact , also there is no bearish divergence which confirm that bullish trend will be continue. SL , TP mention in chart.
If it breaks the triangle upwards, it will experience at least 5x growth
Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...
EURJPY in Bearish Trend with Bearish Rectangle is indicating continuation of Declining Phase.
Classic Darvas breakout and a reliable repeating pattern. Looks great!
Cholafin showing signs of readiness to break out of its weekly consolidating range. Traders monitoring for potential bullish momentum as the breakout unfolds
Price action analysis for DXY. Important key levels. Potential scenarios ahead of FED interest rate decision. ❤️Please, support my work with like, thank you!❤️