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Channeltrend

NAS100USD ( TRADING BELLOW TURNING LEVEL ) ( 4H )NAS100USD Yesterday, we reached our target of +450 pips. The current price is trading below the turning level at 19,547. As long as it remains below this level, it’s likely to continue declining towards the first support level. Tendency , the price is under bearish pressure , until trading below turning level at 19,547 . Turning Level: The price is currently trading below this level around 19,547 . As long as it remains stable and stays below this level, a drop toward the support level is likely . However, if the price breaks above this level and a 4-hour candle closes above it, an upward move toward the resistance level can be expected. Resistance Level (1): around 20,080 , The price is currently below turning level . To reach this level, the price needs to break and close a four-hour candle above the turning level at 19,547. If the price reaches 20,080 , and stabilizes above it, it will likely attempt to reach resistance level (2) . Resistance Level (2): When the price breaks through Resistance Level (1) and closes a 4-hour candle above it, this suggests it could reach around 20,538 . To confirm an uptrend, the price needs to reach this level before moving on to Resistance Level (3) at 20,969 . Support Level (1): As long as the price remains below the turning point of 19,547, it suggests a drop towards 19,115 . If the price reaches this level and stabilizing below it, it will likely attempt to reach Support Level (2). Support Level (2): When the price breaks through support level(1)and closes a 4-hour candle below it, this suggests it could reach around 18,696 . To confirm a downtrend , the price needs to reach this level before decline on to support Level (3 )at 18,315 . Channel Trend: the trading rate within the ascending channel. TARGET LEVEL : RESISTANCE LEVEL : 20,080 ,20,538 , 20,969 . SUPPORT LEVEL : 19,547 , 18,696 , 18,315 . Time Frame : 4H
OANDA:NAS100USDShort
by ArinaKarayi
SNXUSDT ( INSIDE ACCOMULATION ZONE ) ( 4H )SNXUSDT HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 1.395 . Turning Level: The price is currently trading below this level around 1.395 . As long as it remains stable and stays below this level, a drop toward the support level (1) is likely . However, if the price breaks above this level and a 4-hour candle closes above it, an upward move toward the resistance level (1) can be expected. Resistance Level (1): around 1.530 , The price is currently below turning level . To reach this level, the price needs to break and close a four-hour candle above the turning level at 1.395. If the price reaches 1.530 , and stabilizes above it, it will likely attempt to reach resistance level (2) . Resistance Level (2): When the price breaks through Resistance Level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.658 . To confirm an uptrend, the price needs to reach this level before moving on to Resistance Level (3) at 1.829 . Support Level (1): As long as the price remains below the turning level of 1.395, it suggests a drop towards 1.226 . If the price reaches this level and stabilizing below it, it will likely attempt to reach Support Level (2). Support Level (2): When the price breaks through support level(1)and closes a 4-hour candle below it, this suggests it could reach around 1.115 . To confirm a downtrend , the price needs to reach this level before decline on to support Level (3 )at 1.005 . Channel Trend: the trading rate within the descending channel . TARGET LEVEL : RESISTANCE LEVEL : 1.530 ,1.658 ,1.820 . SUPPORT LEVEL : 1.226 , 1.115 , 1.005 .
Short
by ArinaKarayi
USDCAD ( TRADING BELOW TURNING LEVEL ) ( 4H )USDCAD HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 1.375 . Upward Zone : for an upward movement to occur , the price needs to break through the turning level at 1.375 , leading to rise that could reach the resistance level (1) 1.383 , if the price breaks and stabilizing above this level it may attempt to reach resistance zone between 1.387 and 1.394 . Downward Zone: as long as the price remain below the turning level at 1.375 , it may drop towards the support level (1) at1.367 , if the price breaks this level with a 4h candle closing below it , it suggest further decline towards the support zone between 1.360 and 1.354 . CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 1.375 before dropping . TARGET LEVEL : RESISTANCE LEVEL : 1.383 ,1.387, 1.394 . SUPPORT LEVEL : 1.367 , 1.360 , 1.54 .
Short
by ArinaKarayi
2
LTCUSD ( INSIDE DESCENDING CHANNEL ) ( 4H )LTCUSD HELLO TRADERS inside sensitive area between two turning level , currently it will be attempt to reach turning level (2) . Tendency, the price inside sensitive are between two turning level around 61.61 and 55.90 . Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 61.61 , to confirm up trading , the price will be breaking turning level (1) to reach resistance level (1) at 65.88 , after by closing 4h candle above it reach a resistance level (2) at 68.41 . Downward Zone: by breaking turning level (2) at 55.90 , the price should be trying to reach support level (1) 49.77 , after stabilizing below this level could further support to reach of as next level at 47.45 . TARGET LEVEL : RESISTANCE LEVEL : 65.88 ,68.41 . SUPPORT LEVEL : 49.77 , 47.45 .
BINANCE:LTCUSD.P
by ArinaKarayi
BCHUSD ( UNDER DOWNWARD PRESSURE ) ( 4H )BCHUSD HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 342.80 . Turning Level: The price is currently trading below this level around 342.80 . As long as it remains stable and stays below this level, a drop toward the support level (1) is likely . However, if the price breaks above this level and a 4-hour candle closes above it, an upward move toward the resistance level (1) can be expected. Resistance Level (1): around 371.54, The price is currently below turning level . To reach this level, the price needs to break and close a four-hour candle above the turning level at 342.80 . If the price reaches 371.54, and stabilizes above it, it will likely attempt to reach resistance level (2) . Resistance Level (2): When the price breaks through Resistance Level (1) and closes a 4-hour candle above it, this suggests it could reach around 402.00 . To confirm an uptrend, the price needs to reach this level before moving on to Resistance Level (3) at 448.76 . Support Level (1): As long as the price remains below the turning level of 342.80, it suggests a drop towards 309.33 . If the price reaches this level and stabilizing below it, it will likely attempt to reach Support Level (2). Support Level (2): When the price breaks through support level(1)and closes a 4-hour candle below it, this suggests it could reach around 285.31 . To confirm a downtrend , the price needs to reach this level before decline on to support Level (3) at 250.56 . Channel Trend: the trading rate within the ascending channel . TARGET LEVEL : RESISTANCE LEVEL : 371.54 , 402.00 , 448.76 . SUPPORT LEVEL : 309.33 , 285.31 , 250.56 .
BINANCE:BCHUSD.PShort
by ArinaKarayi
ARBUSDT ( TRADING BELLOW TURNING LEVEL ) ( 4H )ARBUSDT HELLO TRADERS The current price is trading below turning level at 0.59. Consolidation and holding below this level would provide strong support for a price decline towards the support level (1) of 0.51. However, if the price breaking and a four-hour candle closes above this level, it may lead to a rising towards resistance level (1) . Downward Zone: As long as the price stays below the turning level at 0.59 , ARBUSDT is likely to dropping towards support level (1) at 0.51 . If a 4-hour candle closes below this level , it could push further to 0.42 , then 0.42 . Upward Zone: by breaking turning level around 0.59 , it suggests a increase towards resistance level (1) at 0.67 , confirming a upward trend. If the price stabilizes or stays above this level, there is a strong likelihood of reaching the resistance level (2) around 0.73 or possibly even rising . CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 0.59 before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.67 , 0.73 , 0.82 . SUPPORT LEVEL : 0.51 , 0.47 , 0.42 . Turning level at 0.59 , Time Frame ( 4H ) .
Short
by ArinaKarayi
2
PEPEUSDT ( INSIDE SENSITIVE AREA BETWEEN TWO TURNING LEVEL )(4H)PEPEUSDT Hello Traders, Currently, the price is in a sensitive area between two turning levels and is attempting to reach turning level (2). Tendency: The price is situated between turning levels 0.000008 and 0.000007. Upward Zone: For an increase, the price needs to correct at turning level (2) and stabilize above it. This should lead to a move towards turning level (1) at 0.000008. To confirm an uptrend, the price must break turning level (1) and reach resistance level (1) at 0.000010. Closing a 4-hour candle above 0.000010 , would indicate a move towards resistance level (2) at 0.000011 . Downward Zone: If the price breaks below turning level (2) at 0.000007, it should then aim for support level (1) at 0.000006. If the price stabilizes below 0.000006 , it may further decline to support level (2) at 0.000005. Target Levels: Resistance Levels: 0.000010, 0.000011 . Support Levels: 0.000006 , 0.000005 .
by ArinaKarayi
GBPUSD ( UNDER BEARISH PRESSURE ) ( 4H )GBPUSD HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 1.293 . Turning Level: The price is currently trading below this level around 1.293 . As long as it remains stable and stays below this level, a drop toward the support level (1) is likely . However, if the price breaks above this level and a 4-hour candle closes above it, an upward move toward the resistance level (1) can be expected. Resistance Level (1): around 1.298 , The price is currently below turning level . To reach this level, the price needs to break and close a four-hour candle above the turning level at 1.293. If the price reaches 1.298 , and stabilizes above it, it will likely attempt to reach resistance level (2) . Resistance Level (2): When the price breaks through Resistance Level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.303 . To confirm an uptrend, the price needs to reach this level before moving on to Resistance Level (3) at 1.309 . Support Level (1): As long as the price remains below the turning level of 1.293, it suggests a drop towards 1.283 . If the price reaches this level and stabilizing below it, it will likely attempt to reach Support Level (2). Support Level (2): When the price breaks through support level(1)and closes a 4-hour candle below it, this suggests it could reach around 1.275 . To confirm a downtrend , the price needs to reach this level before decline on to support Level (3 )at 1.268 . Channel Trend: the trading rate within the ascending channel. TARGET LEVEL : RESISTANCE LEVEL : 1.298 ,1.303 ,1.309 . SUPPORT LEVEL : 1.283 , 1.275 , 1.268 .
Short
by ArinaKarayi
US30 ( TRADING BELOW RESISTANCE TRENDLINE ) ( 4H )US30 HELLO TRADERS Tendency , the price is under bearish pressure , until trading below resistance trendline . Turning Level: The price is currently trading below this level around 40,671 . As long as it remains stable and stays below this level, a drop toward the support level is likely . However, if the price breaks above this level and a 4-hour candle closes above it, an upward move toward the resistance level can be expected. Resistance Level (1): around 41,016 , The price is currently below turning level . To reach this level, the price needs to break and close a four-hour candle above the turning level at 40,671. If the price reaches 41,016 , and stabilizes above it, it will likely attempt to reach resistance level (2) . Resistance Level (2): When the price breaks through Resistance Level (1) and closes a 4-hour candle above it, this suggests it could reach around 41,348 . To confirm an uptrend, the price needs to reach this level before moving on to Resistance Level (3) at 41,718 . Support Level (1): As long as the price remains below the turning level of 40,671, it suggests a drop towards 40,208 . If the price reaches this level and stabilizing below it, it will likely attempt to reach Support Level (2). Support Level (2): When the price breaks through support level(1)and closes a 4-hour candle below it, this suggests it could reach around 39,932 . To confirm a downtrend , the price needs to reach this level before decline on to support Level (3 )at 39,606 . Channel Trend: the trading rate within the ascending channel. TARGET LEVEL : RESISTANCE LEVEL : 41,016 ,41,348 , 41,718. SUPPORT LEVEL : 40,208 , 39,932 , 39,606 . Time Frame : 4H
UShort
by ArinaKarayi
NAS100USD ( UNDER UPWARD PRESSURE ) ( 4H )NAS100USD HELLO TRADERS The price is currently under upward pressure as long as trading continues above the support level of 18,696. For today, staying below 18,085 indicates a decline towards 18,696, but breaking this level supports a rise towards 19,522. Tendency , the price is under bullish pressure , until trading above turning level around 19,085 . Upward Zone : for an upward movement to occur , the price needs to break through the turning level at 19,085 , leading to rise that could reach the resistance level (1) at 19,522 , if the price breaks and stabilizing above this level it may attempt to reach resistance zone between 20,082 and 20,475 . Downward Zone: as long as the price remain below the turning level at 19,085 , it may drop towards the support level (1) at 18,696 , if the price breaks this level with a 4h candle closing below it , it suggest further decline towards the support zone between 17,772 and 17,270 . CORRECTIVE : currently price it will be attempt to retest to reach a support level (1) at18,696 before rising . TARGET LEVEL : RESISTANCE LEVEL : 19,522 ,20,082 , 20,475 . SUPPORT LEVEL : 18,696 , 17,772 , 17,270 . Turning level : 19,085 , Time frame 4H
OANDA:NAS100USDLong
by ArinaKarayi
XAUUSD ( UNDER BEARISH PRESSURE ) ( 4H )XAUUSD HELLO TRADERS Yesterday , during the release of the inflation rate in the U.S., just as I predicted, the drop led to a +350 pip profit . For today, the price holding at $2,442 suggests a possible rise towards resistance levels. However, if the price breaks down, we might see a decline towards support levels. There are also some key news events at 3:30 PM today that could have a significant impact on gold’s movement. Tendency , the price is under down ward pressure , until trading below resistance zone between 2,474$ and 2,484$ . Upward Zone : If the price continues to trade and hold above $2,442, it will support an upward move towards the first resistance level at 2,463$. A break above this level and the closing of a four-hour candle above it would strengthen the move into the resistance zone between 2,474$ and 2,484$ , To confirm this upward trajectory, it's expected that the news releases will likely result in a negative of the dollar. Downward Zone : A break and the closing of a four-hour candle below 2,442$ , would shift the trajectory downward toward the first support level. To confirm the downtrend, the price needs to stay below 2,421$ , leading to a move into the support zone between 2,406$ and 2,391$. TARGET LEVEL : RESISTANCE LEVEL : 2,463$ , 2,474$ , 2,484$ . SUPPORT LEVEL : 2,421$ , 2,406$ , 2,391$ . Turning Level : 2,442$ , Time Frame ( 4H )
OANDA:XAUUSDShort
by ArinaKarayi
US30 ( UNDER CPI PRESSURE ) ( 4H )US30 HELLO TRADERS Yesterday, the Dow Jones experienced a significant rise. Today, due to the release of the U.S. inflation report, the market is expected to show high volatility. From a technical perspective, if the price stabilizes below 39,951, we might see the first and second support levels. However, if it breaks above this level with a close of a 4-hour or 1-hour candle, the price is likely to rise towards the first resistance level. Tendency , the price is under bearish pressure , until trading below turning level around 39,951 Upward Zone : for an upward movement to occur , the price needs to break through the turning level at 39,951 , leading to rise that could reach the resistance level (1) at 40,668 , if the price breaks and stabilizing above this level it may attempt to reach resistance zone between 41,049 and 41,410 . Downward Zone: as long as the price remain below the turning level at 39,951 , it may drop towards the support level (1) at 39,448 , if the price breaks this level with a 4h candle closing below it , it suggest further decline towards the support zone between 39,022 and 38,370 . CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 39,951 before dropping . TARGET LEVEL : RESISTANCE LEVEL : 40,668 , 41,049 , 41,410 . SUPPORT LEVEL : 39,448 , 39,022 , 38,370 .
UShort
by ArinaKarayi
EURUSD ( TRADING INSIDE DESCENDING CHANNEL ) ( UNDER CPI ) (4H)EURUSD HELLO TRADERS currently of the price trading inside descending channel and stabilizing below turning level , today at 3.30 we have a CPI news that has a huge impact on market movements . Tendency , the price is under bearish pressure , until trading below turning level around 1.101 . Upward Zone : for an upward movement to occur , the price needs to break through the turning level at 1.101 , leading to rise that could reach the resistance level (1) at 1.105 , if the price breaks and stabilizing above this level it may attempt to reach resistance zone between 1.109 and 1.113 . Downward Zone: as long as the price remain below the turning level at 1.094 , it may drop towards the support level (1) at 1.094 , if the price breaks this level with a 4h candle closing below it , it suggest further decline towards the support zone between 1.088 and 1.084 . CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 1.101before dropping . TARGET LEVEL : RESISTANCE LEVEL : 1.105 ,1.109 , 1.113 . SUPPORT LEVEL : 1.094 , 1.088 , 1.084 .
Short
by ArinaKarayi
USOIL ( BREAKOUT LAST SUPPLY ZONE ) ( 4H )USOIL HELLO TRADERS after breakout last supply zone , the price stabilizing up trading , on the Friday price can be breaking supply zone and starting a rising , currently it will be attempt to reach a next supply zone around 78.56 . Tendency , after price breaking a supply zone , currently price is under upward pressure . Upward Zone : currently price trying to reach a resistance level (1) at 78.56 , possibly of the price retest a turning level at 76.37 before rising , breaking resistance level (1) with remain this level it continues the upward trend to touch resistance zone between 81.02 and 83.53 . Downward Zone: by breaking turning level with closing 4h candle below it , the price decline to reach support level (1) 74.76 , after remain below this level we see a downward trend to reach a regions 71.80 and 69.64 . CORRECTIVE : currently price it will be attempt for retest to reach a turning level at 76.37 before to see upward trend . TARGET LEVEL : RESISTANCE LEVEL : 78.56 ,81.02 , 83.53 . SUPPORT LEVEL : 74.76, 71.80 , 69.64 .
TVC:USOILLong
by ArinaKarayi
XAUUSD ( INSIDE DESCENDING CHANNEL ) ( 4H )XAUUSD HELLO TRADERS currently the price of the gold trading inside descending channel , and below turning level at 2,459$ , yesterday the price with open the market rising know could be continues rising to reach a supply zone around 2,459$ . Tendency, the price inside descending channel and trading below turning level , indicates under down ward pressure . Upward Zone : in order see increase , should be the price breaking turning level at 2,459$ , to rising and reach resistance level (1) at 2,474$ , by breaking and stabilizing above this level it will be attempt to reach 2,486 $ , then reaching a resistance zone around 2,495$ and 2,510$ . Downward Zone: until the price trading below supply zone around 2,452$ and 2,459$ , dropping to reach support level (1) around 2,421$ , and after breaking this level by closing 4h candle below it indicates further decline to support zone around 2,406$ and 2,391$. CORRECTIVE : currently price it will be attempt to huge retest to reach a turning level at 2,459$ before dropping . TARGET LEVEL : RESISTANCE LEVEL : 2,47$ ,2,486$ , 2,494$ . SUPPORT LEVEL : 2,421$, 2,406$ , 2,391$ .
OANDA:XAUUSDShort
by ArinaKarayi
ETHUSD ( SENSITIVE AREA ) ( 4H )ETHUSD HELLO TRADERS currently price between two turning level by breaking each level determine the direction , for know the price trading above turning level (2) at 2,412 , remain this level it will be attempt to reach a turning level (1) at 2,527 . Tendency, the price inside two turning level around ( 2,412 & 2,527) . Upward Zone : in order see increase , the price need breaking turning level (1) at 2,527 , by closing 4h candle above it , easily to reach a resistance level (1) around 2,812 , remain this level indicates the price trying to reach of a resistance level (2) at 3,114. Downward Zone: by breaking turning level (2) around 2,412 , the price dropping to reach a support level (1) at 2,209, to confirm downward , gold need breaking support level (1) by open 4h candle below it to reach a support level (2) at 2,046 . TARGET LEVEL : RESISTANCE LEVEL : 2,812 , 3,114 . SUPPORT LEVEL : 2,209 , 2,046 .
BITSTAMP:ETHUSD
by ArinaKarayi
US30 ( INSIDE SENSITIVE AREA BETWEEN TWO TURNING LEVEL ) ( 1D )US30 HELLO TRADERS U.S. stocks were higher after the close on Friday, as gains in the Technology, Consumer Services and Telecoms sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.13% . currently price inside two turning level in way , breaking each side determine our direction , thus breaking turning level (1) it is mean active up trading ,if the price breaking turning level (2) by close 1d candle or 4h candle below it , indicates to reach support level . Tendency, the price inside sensitive are between two turning level around 40,031 and 38,509 Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 40,031 , to confirm up trading , the price will be breaking turning level (1) to reach resistance zone around 40,990 and 42,268 . Downward Zone: by breaking turning level (2) at 38,509 , the price should be trying to reach support level (1) 37,550 , after stabilizing below this level could further support to reach of as next level at 36,235 . TARGET LEVEL : RESISTANCE LEVEL : 40,990 , 42,268 . SUPPORT LEVEL : 37,550 , 36,235 .
U
by ArinaKarayi
BNBUSD ( INSIDE SENSITIVE AREA IN DESCENDING CHANNEL ) ( 4H )BNBUSD HELLO TRADERS inside sensitive area between two turning level , currently it will be attempt to reach turning level (2) . Tendency, the price inside sensitive are between two turning level around 487 and 526 . Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 526 , to confirm up trading , the price will be breaking turning level (1) to reach resistance level (1) at 557 , after by closing 4h candle above it reach a resistance level (2) at 596 . Downward Zone: by breaking turning level (2) at 487, the price should be trying to reach support level (1) at 453 , after stabilizing below this level could further support to reach of as next level at 403 . TARGET LEVEL : RESISTANCE LEVEL : 557 , 596 . SUPPORT LEVEL : 453 , 403 .
BINANCE:BNBUSD
by ArinaKarayi
Is this what going "parabolic" looks like?Everyone is well aware of the fact that the Fed will soon be cutting interest rates. That's a given. If so, I'll be interested to see just what affect this will have on the market. It's hard to argue that it won't be a positive, but as some would say, there's a reason why the Fed would feel the need to lower rates...a slowing economy! I am not a prognosticator by any stretch, but just a chartist, and as such, it's hard to ignore what is beginning to look like a parabolic feature in the Nasdaq market. How will we know? Once rates are lowered (if and when), we look for either a continuation of the steepest uptrend channel and break of the July high, or down we go with a break of the uptrend channel to support levels.
CME_MINI:NQ2!Long
by EdStewart
1
USDJPY ( INSIDE ASCENDING CHANNEL ) (4H) USDJPY HELLO TRADERS Tendency, the price is under upward pressure , until the price trading above support level (1) at 144.354 . Upward Zone : until the price trading above support level (1) , may make be ascending channel , currently the price trading above turning level at 145.808 , to rising reach of a resistance level (1) around 149.186 , to confirm upward , price need breaking by close 4h candle above 149.186 to reach resistance level (2) at 152.225 , may be the price reserve and breaking turning level to reaching a support level (1) at 144.354 , after starting a up trading to inside resistance zone . Downward Zone: should the price reserve and breaking turning level at 145.808 , indicates dropping to support level (1) around 144.354 , to confirm downward , the price it will be breaking 144.354 , by closing 4h candle below it to reach support level (2) at 142.275 , called support zone have been buying increase in this zone . Corrective level :Price may make a correction at 145.808 & 144.354 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 149.186 , 152.225 . SUPPORT LEVEL : 144.354 , 142.275 .
Long
by ArinaKarayi
Thing's about to get WILD! Wilder World has to be one of my favourite crypto projects atm, just because I love everything about this project. They are basicly making a GTA metaverse game and are making the cars, the buildings, billboards, items etc purchasable as unique NFT's. I got to say they are putting some real work in to this and it looks amazing.. The good projects will be the one's sticking around in the crypto space the longest.. Can't believe this is still a #400 coin on Coinmarketcap. I will see this among the top 100 cryptos for sure! We're currently doing a really nice 3rd bounce from the channel support line. Stochastic is oversold and are turning upwards. For me this is a longer term #HODL for the bull run, but a nice target would also be at the top of the channel about 400% up from here! Make sure to follow me on X for more weekly updates: @PuppyNakamoto Our wolf pack are hunting profits, one block at a time.. 🐺 BITFINEX:WILDUSD KUCOIN:WILDUSDT CRYPTO:WILDUSD
Long
by WOLFofBlockStreet
Nvidia - The tide is (finally) turning!NASDAQ:NVDA is about to create a bearish reversal which will lead to a -60% correction! Charts just don't lie at all - instead fundamentals are always an illusion. Nvidia was retesting a major resistance trendline and is starting a significant bearish reversal. Nothing changed fundamentally but Nvidia is already down -25% over the past couple of days. This is just the beginning of another potential bear market, like we saw it back in 2018 and 2021... Levels to watch: $55 Keep your long term vision, Philip - BasicTrading
NASDAQ:NVDAShort
by basictradingtv
6
Sell EUR/USD Bearish Channel (Fed Interest rate)The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0825, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0785 2nd Support – 1.0767 Stop-Loss: To manage risk, place a stop-loss order above 1.0845. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
23