Get started

Correction

Pfizer long-term movement after a deep correction - risky paperH i, I looked at Pfizer's chart and it looks like this deep correction won't stop until the $30 zone. The fact that side effects have developed worldwide due to the Covid vaccine and many people have filed lawsuits against pharmaceutical companies probably also plays a role in this deep decline. There is a lot of money in the pharmaceutical industry, so I think that the companies will have plenty of money to cover possible legal costs. And since in several countries they have signed papers that they request the vaccination on their own responsibility, the exclusion of liability will be justified in many cases. The $30 zone seems like a perfect turning point because I see it as a strong level. If the $30 zone holds, we will most likely look at the $40 zone, which also coincides with an important Fibonacci level. Do not forget. This does not constitute investment advice. Do your own research before entering a position. Regards In extreme cases, the $27 level is also possible.
NYSE:PFE
by XOX_XOX
1
NQ Power Range Report with FIB Ext - 11/3/2023 SessionCME_MINI:NQZ2023 - PR High: 14962.00 - PR Low: 14924.25 - NZ Spread: 84.25 Key Economic Events 08:30 – Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate 09:45 – S&P Global Services PMI 10:00 – ISM Non-Manufacturing PMI - ISM Non-Manufacturing Prices Continuing to push supply with strength - Breaking multiple levels of long-term sell interest Evening Stats (As of 12:05 AM) - Weekend Gap: +0.47% (open < 14272) - Session Gap 8/2: -0.33% (open > 15807) - Session Gap 7/20: -0.11% (open > 15939) - Session Open ATR: 254.67 - Volume: 20K - Open Int: 255K - Trend Grade: Neutral - From ATH: -10.8% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 15247 - Mid: 14675 - Short: 13531 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQZ2023
by mv3trader5
TRBUSDT ------> SHORT (40%)Hi Everyone All I have available is the price chart and that's all I need. And what I see on the chart is an unconfirmed ( yet unconfirmed ) DOUBLE TOP pattern. For BINANCE:TRBUSDT As the momentum decreases and the price ceilings approach each other, and the price approaches the ceiling of the ascending channel , Considering the dominance chart of Tether, Bitcoin and Ethereum , for me a general correction in the market and especially in this chart is predictable . Targets in the order of probability and time $100 $85 $75 and I consider a possible stop loss around the price of $130 .
Short
by thegreatoneinthemetaverse
Metal Sector and its component Daily Timeframe analysisMetal Sector and its component are in correction phase NSE:CNXMETAL sectors NSE:HINDALCO NSE:JSWSTEEL NSE:NATIONALUM have created same structure as NIFTY50. NSE:HINDALCO NSE:JSWSTEEL NSE:NATIONALUM daily candle close below entry level. We can see all targets along with NIFTY50. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
NSE:JSWSTEELShort
by sugatmankar
#GBPJPY Selling opportunityHello, traders and friends. I hope you are all doing well. Let's delve into GBPJPY and explore why we believe there may be a potential selling opportunity. As you can observe, the price has been in a bearish channel for the past few weeks, consistently reacting near the upper boundary. This pattern suggests the possibility of a repetition, offering another favorable selling opportunity. Apart from the bearish channel's upper boundary, we have additional factors supporting a bearish scenario. These include a supply area and a liquidity pool located just above the horizontal arrow line. Price could potentially move into this area, clear out liquidity, and then trend lower. For us to consider taking this position, we would need to see a fake breakout above the arrow line, followed by a failure of the price to close above it. If you have found this analysis helpful, please take a moment to leave a like and a comment.
Short
by mohemati
2
Plug Power -> Another 10.000% PumpMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️ I am trading the higher timeframes because this allows me to massively capitaliz e on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Tesla. Looking at Plug Power stock you can see that after the recent -90% correction Plug Power is now retesting a cluster of support zones from which we could see a decent move higher. Keep in mind that this is a very risky stock so keep your risk small on this trade. - - - - - - - - - - - - - - - - - - - - When the market moves where, and how, and if - these are all unknown. The only thing which you can control is your risk. - Philip Basic Trading - Keep the long term vision🫡
NASDAQ:PLUGLong
by basictradingtv
32
SILVER - Catch Wave B!Silver is currently in wave 2, which appears to be a 335 flat correction. Wave A had 3 waves and now we're in wave B where we're expecting another 3 wave structure. It appears as the bottom is in so we can use the lows as invalidation level. Trade Idea: - you can either enter now with stops below the lows - Or wait for a pullback (retracement) and enter with stops below the lows - Targets: 24, 25, 26. We may make an expanded or contracted flat correction so just manage position as we move higher. Goodluck and as always, trade safe!
OANDA:XAGUSD
by WicktatorFX
3