In previous failed breakouts (marked by dark-shaded circles) KDJ and Stochastic RSI both peaked and indicated trend reversals to the downside. In the current breakout attempt, both indicators are close to their lowest possible points.
Yesterday EURUSD headed towards the first support and pulled back. No entry grounds on these levels. Another drop today and pulling back from the support zone will allow buys. The target is breakout of 1,1274 and the SL should be below pullback level. An important news due next week which will cause big fluctuations.
It could take a couple of more weeks to explode, but it is worth to open a long position and accumulate next week. Oil is going up so I don't think this one breaks down.
Hello Traders👋🏻 On The Daily Time Frame The USOIL Price Reached a Strong Resistance Level (74.92 - 73.91). Currently, This Key Level is Broken (Resistance Level Becomes new Support Level)🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 76.50🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Breaks above its weekly 50 ema and looks like there's more to come. Only thing is, volume could be higher.
Look at the chart, we had a double top that didn't play out. That means that the price is going to the other direction so up. This is a gold and copper mining company. Both metals are ripping. I would buy a good position here and if it drops buy more. Is very unlikely to break down the strong support. BTW while you are holding, it pays you more the 4% yield...
Palo Alto Networks is a cybersecurity company that provides advanced security solutions to organizations worldwide. I don't think they're going anywhere for a while and are very established already with multiple deals and have been on point with their financials and earnings. We're looking for a break out of the consolidating 238-240 range which already...
Lockheed martin earnings play. This stock has my interest with multiple contracts with the government and missing 1 of the last 5 earnings. Lockheed is no stranger to getting multiple contracts. A lot of constant contracts coming in with government agencies and commercial airlines. For a month it has been consolidating jun-jul and recently broke out of...
Cameco (NYSE:CCJ) released a strong print ahead of market open, and followed up with a strong call, as the market leader points towards a narrowing supply/demand gap and increased willingness for utilities to contract at higher prices: CATALYSTS : McArthur River - CEO Gitzel indicated that there's no change to the Company's strategy of pre-selling future...
27th of July is the date of the FED interest rate decision announcement. It happens to align with a significant retest to the upside. Short-term price movement will be impacted by the outcome of the decision, whereas the long-term direction shouldn't change. --> Current Interest Rates: 5.25% --> Expected Interest Rates: 5.5% Short-term price movements: ...
✅AUD_NZD broke the key Level of 1.0829 and the breakout Is confirmed so I think that After the pullback and retest We will see further growth LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NSE:SAIL Stock is near verge of breakout 90-91 level. It has formed a rounding bottom near support levels. As per the weekly chart it is creating higher lows from past few weeks. Currently there is a inside candle formed in weekly timeframe. However, it needs 3 more days to get confirmed how it will appear. I still believe that the stock is bullish above...
BTCUSD moving in range now wait for breakout to trade or place your buy stop and sell stop. Manage risk according to your account size.
XVGUSDT has given the breakout of long declining trendline and currently the price is hovering at support zone. Will the buyer took the benefits from this support to push price higher ?
Hello Traders! On The Daily Time Frame, The NZDJPY Price Formed a Head and Shoulders Pattern📉 i'm waiting for a neckline break! Then, we will see a huge bearish move📉 ----------- TARGET: 84.050🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The rise in EURUSD continues and we are now very close to 1.1274. This is an important resistance level and we will watch how the price reacts when it is reached. There are no opportunities for new entries here this week. Today at 15:30 there is USD news that may have an impact! The resistance level along with the news is a good time to initiate a correction.
Hello,Traders! GBP-USD is trading in a Strong uptrend and the pair Broke the key horizontal level Of 1.3 which reinforces our Bullish bias and I think that After the pullback and retest We will see further growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅NZD_USD broke the long Term falling resistance and The breakout is confirmed So as the pair is going down To retest the broken line I think that we will soon See a rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅