*HERO MOTOCORP FUTURES* Time Frame: Daily Observation: * Rising Wedge Pattern Breakdown on daily time frame. Support/Target: 2439 2154 Resistance: 2817 2949
On the Weekly TF we arrived to the 0.786 Fib level, from here when we would have some bullish price action on the LTF, then I think that we can go higher until the 0.618 level. We have some confluence at this place, as I mentioned in my previous post.
👀 Look out... Bitcoin is making moves. 🔥 I did say %18,600 area would be the bottom and look what happened. Where next $20,700?? Eyes open and good luck. 👍
*TATA STEEL FUTURES* Time Frame: Daily Observation: * Triangle Breakdown on Daily time frame. * Significant Support Breakdown on Daily time frame. Support/Target: 92 82.75 Resistance:111
Call Credit Spread Symbol: /6C Expiration Date: 10/07/22 Days to Expiration: 10 Opening Options: Buy 0.7527 Call Sell 0.7450 Call Probability of Profit: 80% Max Loss: $530 Max Profit: $110
Traders And Invistors. Monthly analysis. The prie in the weekly closed under support As I shared before. four days remain and the monthly candle closes below the support level. We will see strong bearish. We have some analysis fundamental variables that significantly affect the markets when they exit can contribute to that in next month. -Durable goods orders...
This graph is a representation of my point of you of the futures market (USD).
Gold has been moving in a descending channel for several weeks. During the last 5-6 days, Gold was able to form a symmetrical triangle, and now it managed to break the lower line of the triangle. I expect Gold to go down at least to the target I specified in the chart (probably to the bottom of the descending channel). Gold Analyze ( XAUUSD ), Timeframe 1H (Log...
CHZ has been on the rise in the past couple of days before reaching its peak price point of ~0.26. Momentum has been fading together with volume and recently a bearish divergence seems to have surfaced on the RSI and MACD indicators. It would be likely to see a short term price retracement from the lows in area 0.23. Will try a very risk and short term short,...
Well this last pattern wasn't holding up. The MACD on the 3 minute chart was collapsing heaving through most of that triangle formation. So it's like Bitcoin has a bad case of the shits right now. These 15-12-10K prices are looking more and more likely here. We are so deep in a bear market right now its not funny for Bitcoin. Funny for short traders like you and...
cocoa was ranging since the beginning of 2017. In June 2022 CC broke the 209 SMA with a high volume. after that CC keeps testing the downline of the range. a breakthrough that line would signal a substantial short opportunity. it is taking into consideration the rsi that is under the 50% Line. Let's see what Cocoa will do in the following weeks.
Some ideas of possible operations on Future FX 6E for the next few days. I intend to apply them as intraday hedging positions, as an alternative to my usual scalping. Specifically, before carrying out my possible operations, I will need to have volumetric confirmation and volatility indications that reflect the previous conditions to determine a real interest in...
Bitcoin is on the verge of making a decent move. the way things are looking with the MACD and the recent price action we will see a bunch of red candles coming up on the one hour chart. BUT Bitcoin is at a moment right now where it COULD turn around on this middle line and head back towards the upper grand master yellow line. The next bull season will begin once...
As long as BTC is below 200 Daily moving average it in bearish market and retracement to important moving averages like 100 Daily Moving Averages can be used to as opportunity to take good risk reward short trades.
We have phoenix-harmonic-pattern formation. B: 50-78.6% C: 50-78.6% D: 224% Buy limit at 808 SL: 670 TPS: 931, 1057 Leverage: X20 Use a proper risk management. See you soon!
#STORJ/USDT $STORJ is below upper line of falling wedge pattern. 🐮 breaking out from the upper line will increase price to resistance zone around $0.75. also if price holds the support of 0.786 fib level, it can rise to complete the AB=CD pattern at around $1.25. 🐻🐮 I think it is possible that price tries to touch the lower line of wedge before breaking out the...
#RLC/USDT $RLC broke out from 4h falling wedge pattern. 🐮 possibly price will do a pullback to the broken line that is around support zone, then can continue its upward move to touch resistance zone around $1.6. 🐻 if price break down from support zone it will drop to next support and lower line of wedge.
USOIL price will continue droping the next week after the pullback that happend these days, we've see that price has retasted the previuos area of demand and it turned into an offer area, also we've detected a bearish diverence in RSI, so, the pullback has ended and now is the turn for the bears to take over the market.