Network 18 Media , a prominent player in the media and entertainment industry, is showing signs of a promising swing trade opportunity based on several key technical indicators. Reasons are listed below : 75-80 Support Zone : The 75-80 level is a crucial support zone that has held multiple times, indicating strong buying interest at these levels. Bullish...
PVR INOX , a leading cinema exhibition company, is displaying technical indicators that suggest a promising swing trading opportunity. Reasons are listed below : 1440 Resistance Zone : The 1440 level has been a significant resistance zone. The price is now attempting to break through this level, indicating strong bullish momentum. Bullish Engulfing Candle on...
A potential area for a low-risk high-reward trade. The area marked is an AB=CD move that will happen above a prior high which means stops might be taken which will provide ample liquidity for a move down. Additional confluence - this happens at the 61% Fib retracement level, and also the 200EMA of the 4-Hour Chart. Overall the price is at the 20 Daily EMA area so...
Hi Traders ! On Tuesday 30 Jan, The EURNZD Price Reached a 0.618 Fibonacci Retracement Level. The Resistance Line is Broken. So, I Predict a Bullish Move. TARGET: 1.78700🎯
NASDAQ:NFLX I expect a bullish movement towards the 518 level if the resistance zone at the 503 level is breached and there are candlestick closures. Our support level is at 461. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
The EURUSD on a 4H chart shows a drop down to a strong support range (Orange range) which aligns with the 0.618 Fib. Around those levels, the price started forming a potential double bottom. For the pattern to be valid, the price needs to go up without dropping below the low points and produce an effective breakout above the neckline range ( Blue range...
The price of GBPAUD has formed a potential double top on the 4H Chart Additional confluences: - The pattern is happening at a strong reisstance range created from multiple previous low points in the price - The 2 tops are showing rejection from the 0.618 Fib level - The MACD has formed a bearish cross around the middle of the formation of the double top chart pattern
BTC had a bullish break out of a bearish right angled triangle a few days ago. Now it is showing accumulation, on a smaller timeframe, against a minor resistance standing in its way from the next target. The accumulation is well shown by the 1h graph: The stoploss is placed below the low of the accumulation phase as below that we believe that we could head to...
OANDA:GBPUSD Has extended higher into the 61.8% level @ 1.2720. Now with other USD pairs we look at the DXY to see if its going to hold these levels or break in which case we will see higher Indices, Gold & USD Pairs. Big couple of days ahead. If it breaks these levels then the 78% & 1.2900 would be the next target.. With other straight line moves its best to...
OANDA:NZDJPY Break below 89.640 weekly support and price made a retest at what is now 89.640 weekly resistance. a bearish engulfing candlestick on the 4h and 1h is confirmation to go short. Also the 61.8% Fibonacci retracement level at 89.640 weekly resistance is a strong confluence
US Oil looks like it could be trying to hold support with a Bullish Head and Shoulders around the 61.8% Fibonacci Retrace; If it is successful I think it could make its way towards $85.50
Calling all traders! We've got a fantastic EUR/USD setup unfolding on the 1-hour timeframe that you won't want to miss. Here are the key details: 🔑 Technical Analysis Highlights 🔑 📊 Fibonacci Magic: After a strong rally, EUR/USD retraced precisely to the 0.618 Fibonacci retracement level. A classic retracement pattern, indicating potential bullish strength. 🔄...
We have a potential Partial Rise at a 61.8% Retrace within an Ascending Broadening Wedge Pattern on the EURUSD with a Bearish PPO Confirmation Arrow. If we hit the Demand Line from here, it is very likely it will break down and hit the Measured Move Target down at 7.22
🚀 It's time for a change in direction! After a successful short entry based on the breakdown of an ascending channel, we are now shifting gears to capitalize on a bullish opportunity on the AUDUSD forex pair. The price action on AUDUSD has formed a double bottom pattern, with a retracement to the 0.618 Fibonacci level acting as a strong support. This pattern...
Calling all traders! Get ready for a thrilling opportunity in USOIL (Crude Oil) as we present a compelling bullish setup that is further supported by fundamental analysis. This combination sets the stage for potentially lucrative gains! 💰💥 In the 15-minute timeframe, price retraced to the critical 0.618 Fibonacci retracement level, known for its significance in...
Welcome back! Let me know your thoughts in the comments! ** XAUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
So today i took a sell on a EURUSD and took a loss 1.1%,my entry was at 1.09761,but this pair is in overall bullish trend so i will now look for a buy as my 0.618 fib zone alignes with 0.9250,wish everybody happy and stress free trading,be free to share your thoughts in comments.
Well here i used Fib tool to get another confirmation to enter a trade,we have fib 0.618+retest of daily zone+bullish engulfing,so triple confirmation,if u go to daily and u pull a fib from the low to the hi,0.618 alignes with my zone 144.287-always look as a zone not a LINE,i put the lines because if not my chart looks messy,and daily is retesting ,i only enter...