This is the 4HR chart for XAGUSD. I can see that price sold off on these 4HR candles and price has tried to retrace a series of times. But I see that price kept making a lower-high with each successive candles. I did have a Short in Gold but not long ago I booked a profit. It is quite possible that Gold has further to fall especially if the USDX breaks above...
xyo formed a higher low and sits in a green direction based on the previous lower high. Could things be finally turning around for XYO. Will the dismissal of A.I. fad be wrong and will the trend of A.I. culture continue to surpass all expectations.
Hi Guys. As always, heres a macro chart setup i've found to be a MUST WATCH, at the very least if not a potential long. Analysis done on 1 week, indicating a macro analysis. Alibaba (BABA), at current prices is roughly 75% from its blow off top in 2020. Around October- November 2022, we tested support at the historical bottom and bounced to test the Resistance...
Hi Guys. As always im on the look out for Macro opportunities in assets with market structure or patterns that scream "Pay Attention to me". One that stood out to me was ARLO. This analysis is on the 1 week timeframe. Notice the Orange rectangle. This zone is a MAJOR Support/ Resistance zone. When Arlo went Public, we started ABOVE this zone. Then made our...
Hi guys! So always looking for opportunities in repeating patterns/ macro developments. SNowflake (SNOW) particularly stuck out. This analysis is conducted in the 1 day timeframe. Since June 2022, SNOW has been in a Ascending Channel with consistent Higher low prints. This shows a reoccuring pattern of everytime we've made our way to the bottom of the channel...
Nifty open with huge gap down and bear took control of it and made low of the day that is 21793 level. Index has broke consolidation line and higher high higher low pattern. Nifty has formed a big red body candle with upper and lower shadows. Nifty has given closing below 22831 level which was its support level so, 21667 level will work as next support level...
a miniscule of rsi 14 above 50.... that's a good sign.... ✌️😍 even the volumes are low (blue & orange), tactics is to enter well before and that % acts as a cushion
DXCM had been essentially a range bound stock in the past 3 years, forming what is potentially a long term head & shoulders formation (bearish if break down). However, it looks like the odds of breaking down has diminished with a bullish monthly pin bar now forming after finding support at its 88.6% fib retracement (imperfect double bottom). The stock is still...
From mid July till now, SPX and NQ had been undergoing corrections resulting in lower highs (LH) and lower lows (LL). Although there is a chance the correction in SPX could be over, we can never be sure until it manages a higher high (HH) at least. JBL on the other hand, has demonstrated good relative strength to the market, eking out higher highs (HH) and higher...
NSE:COSMOFIRST Stock is showing strength in weekly timeframe. As we can see Stock is not able trade below previos lows. This week it has shown a strong green candle with "W" pattern. I believe it is a good time to go long with 605-610 which will be around 5% or so. Please note that "This is only for educational purpose, please manage your risk accordingly."
Stock is looking weak in daily time frame. From past few days it’s not able to cross it’s previous swing in daily time frame. It’s at crucial level 520-523. It has bounced multiple times from this lvl. However, if this lvl breaks on 30th June it will be good opportunity to go short. Please make sure there should be a bearish price action in 5/15minute time frame...
I've placed a limit buy in this market because: the long-term descending trendline was been broken we have a bullish seasonality for Adidas the price has broken above the 30's SMA the price has broken above the prior swing high the price has formed now a sequence of higher highs and higher lows (= bullish trend)
I have strong feeling for bitcoin to break out from here... that said, lets aknowledge previous instantiations of this fractal just within our recent price history suggests we can get a dip before ascending, instead of following the most recent odd ball that breaks up first
Take Profit at price level 1.00739 for USDCHF. Higher lows in the market indicates bullish activity.
Hey guys, we see higher lows and higher highs forming. I expect continued upward movement till BSL liquidity on the previous highs is taken out. My bias will be invalidated incase the current lows gets violated
AUDCAD currency pair is moving as expected. Expect AUDCAD price to increase.
Target Price is 1.687. If price closes below blue trend line, then exit trade.