SWING IDEA - CAPRI GLOBAL CAPITALCapri Global Capital , a prominent non-banking financial company (NBFC), is showing technical indicators that suggest a promising swing trading opportunity.
Reasons are listed below :
200 Zone is a Strong Support Zone : The 200 level has been established as a strong support zone, providing a solid base for potential upward movement.
Bullish Engulfing on Daily Timeframe : The formation of a bullish engulfing candle on the daily chart indicates strong buying pressure and suggests potential for further upward movement.
Support at 50 EMA : The stock is finding support at the 50-day exponential moving average (EMA), reinforcing the bullish sentiment and providing a strong support level.
0.618 Fibonacci Support : The stock is finding support at the 0.618 Fibonacci retracement level, a key area where prices often bounce back, indicating potential for an upward move.
Increase in Volumes : A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest.
Target - 250 // 290
Stoploss - weekly close below 197
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@visionary.growth.insights
Longsetup
EURUSD continues to maintain an increasing rangeConan, hello everyone.
Today, EUR/USD is maintaining its initial bullish bias below 1.0800, after closing the session with a steady gain above the intact bullish channel. The pair is supported by optimism over China's stimulus measures and a broad correction in the US dollar, which helped reverse the decline caused by the ECB's dovish decision.
On the other hand, any further upside is likely to face resistance around 1.0974, above which, it could trigger a short-term recovery and push EUR/USD towards the psychological level of 1.1020.
Gold todayHello everyone!
Overall, Gold is trying to maintain its upward momentum from today's Asian session, despite the risk aversion from China. The weakness in the USD continues to provide momentum for gold.
Currently, a cup with handle pattern has appeared, indicating a positive signal for the medium-term outlook. However, the important resistance level of $2,670 is a big challenge. If buyers can take advantage of the strong momentum from the $2,660 - $2,665 zone, supported by the 34 EMA that has not shown any signs of reversal, then gold could definitely break out to $2,680 in the short term.
Gold prices continue to rise?Gold is struggling to capitalize on the positive momentum from Friday and is currently hovering around $2680. With clear signs of bullish momentum being shown by the 34 and 89 EMAs, there are no significant signs of a reversal yet.
The next prediction is that gold will continue to trade in the range of $2683 to $2660. The $2660 level at the 89 EMA could be retested, but only in the short term for consolidation. The preferred direction remains an upward movement.
EUR/USD should buy or sell ?Hello everyone!
The EUR/USD pair has just broken a four-day losing streak and is currently hovering around 1.0840 in the Asian session on Friday. The recent decline has been largely driven by the strengthening of the US Dollar, with the greenback hitting a two-month high of 103.87 on Thursday. Despite the strong recovery, the market is now gradually shifting towards expectations that the US Federal Reserve (Fed) may cut interest rates soon, helping the EUR/USD pair recover slightly and minimize losses in the short term.
As seen on the 4-hour chart, the EUR/USD downtrend remains clear, however, the key support zone at 1.0810 and then 1.0777 is still holding. Moreover, a harmonic pattern has formed, signaling a potential reversal, at least towards the 1.0980 level, where confluence signals are emerging strongly.
Do you think this pair could reverse and rise again soon? Don't miss out on the exciting trading opportunities that await!
BTC: Buffeting Under Resistance, Awaiting the Decisive BreakBTC is currently buffeting under the upper trendline, which is acting as strong resistance. According to cycle analysis, we could see a couple more days of upward movement before entering a decline. The potential for an Elliott Wave impulse (1,2,3,4,5) to break through the upper trendline is becoming clearer. If the break happens, expect BTC to pull back and sit on the trendline before continuing higher.
However, the frustrating part is that volume is cooling, which isn’t typical during Wave 3 of an impulse. Ideally, we’ll see a decisive break of the upper trendline within the next 24 hours, something that’s been long anticipated.
$TSLA DOIN THE ROBOT DANCE TO $270-$300 PARABOLICThe target patterns are right on the chart. Invest smart, invest hard. Buy the dip thst just happened. You want to make sure you'll be in trade in these next few rallies.
Stock Wrangler out.
Like, comment, subscribe. I love to answer people's questions!
XAU ! 10/18 ! Weekend price increaseXAU / USD trend forecast October 18, 2024
On Thursday, the European Central Bank cut interest rates for the third time this year, the first consecutive cuts in 13 years, and signaled more reductions due to the worsening economic outlook. The Federal Reserve is also expected to lower rates again after a significant cut in September, while weak UK inflation data has strengthened expectations for more aggressive easing by the Bank of England.
price increase to create new ATH - continue to wait for new ATH at the end of the week. FOMO is huge
/// SELL XAU : zone 2723-2726
SL: 2731
TP: 50 - 100 - 300 pips (2696)
Safe and profitable trading
XAU increased sharply! Continued bullish FOMO⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) rises for the fourth consecutive day, marking six positive days out of seven, and surpasses the $2,700 mark to reach a new record high during Friday's Asian session. Key factors driving this upward trend include anticipated rate cuts by major central banks, Middle East tensions, and uncertainty around the US Presidential election.
Thursday's strong US data reinforced expectations of moderate rate cuts by the Federal Reserve (Fed), which boosted the US Dollar to its highest level since early August. However, this hasn't dampened the bullish momentum for Gold, which is set for strong weekly gains.
⭐️Personal comments NOVA:
Gold prices show a crazy bull run in 2024 - continuing the crazy uptrend. Above the $2700 zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2733 - $2735 SL $2740
TP1: $2725
TP2: $2715
TP3: $2700
🔥BUY GOLD zone: $2684 - $2686 SL $2679
TP1: $2692
TP2: $2700
TP3: $2710
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
XAU ! 10/17 waiting for new ATH 2712XAU / USD trend forecast October 17, 2024
Gold price (XAU/USD) continued its upward trend and retested its all-time high on Wednesday, driven by expectations of rate cuts from major central banks. Markets have fully priced in a 25 basis points cut by the US Federal Reserve in November. Additionally, weak inflation data from Europe and the UK has strengthened expectations for more aggressive rate cuts by the ECB and BoE. This resulted in lower yields, supporting the non-yielding gold.
Strong uptrend - H2 frame forms DOW theory for next new ATH opportunity: 2712
/// SELL XAU : zone 2712-2715
SL: 2720
TP: 50 - 100 - 300 pips (2685)
Safe and profitable trading
USDJPY: Uptrend Remains IntactHello everyone!
USD/JPY is finding fresh demand alongside the US Dollar in the Asian session on Thursday. New measures in the Chinese real estate market disappointed and strengthened the safe-haven greenback. The US Retail Sales data will now be in focus, and looks vulnerable.
However, in the short term, with the trend still intact and because of the principle of "trend is your friend", Ben predicts that the price will correct slightly to test the 34 and 89 EMA before continuing to strengthen further in the near term.
What do you think about this major pair today?
DOES $MARA HAVE SOME ROOM TO GO UP?WITH CRYPTOCAP:BTC BREAKING OUT OF ITS CONSOLIDATION IS ONLY RIGHT EVERYTHING CRYPTO WAKES UP. WHICH BRINGS US TO NASDAQ:MARA
TECHNICALS: NASDAQ:META has to regain the level of 18.52 for a pop to 19.38 if we can get a clean close above 19.38 we can see a clean run the 26.76
“REMEMBER, TREND AND VOLUME ARE THE GAS AND STEERING WHEEL THAT POWERS AND DIRECTS A MOVE IN YOUR TRADING VEHICLE (STRATEGY) , DON’T CAUSE AN AVOIDABLE ACCIDENT, TRADE SAFE”- TWINEY
@T.W.I.N.E.Y
SAGA ANALYSIS (update)🔮 #SAGA Analysis - Update 🚀🚀
💲 As we said earlier #SAGA performed the same. More than 175% done move done in #SAGA. Now we can see that there is a formation of Rounding Bottom Pattern in #SAGA and we can see a more retest before a pullback.
💸Current Price -- $2.8100
📈Target Price -- $3.5700
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SAGA #Cryptocurrency #Breakout #DYOR
NEW ATH ! XAU ! wait to reach $2700 for gold⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The recent drop in Crude Oil prices is likely to reduce inflation pressures, enabling major central banks to cut interest rates further, which supports demand for Gold. The European Central Bank is set for its third rate cut of the year this Thursday, while a sharp decline in UK inflation has strengthened expectations of a Bank of England rate cut in November.
⭐️Personal comments NOVA:
Gold prices recovered - when war information continued to have a good impact on the Gold market. Expect to touch old ATH 2685 this week and correct to create additional liquidity
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2700 - $2702 SL $2707
TP1: $2690
TP2: $2680
TP3: $2670
🔥BUY GOLD zone: $2663 - $2661 SL $2656
TP1: $2670
TP2: $2680
TP3: $2690
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
We can still look for a long opportunity in BitcoinAs mentioned in the weekly analysis, 68,200 was a strong return range for the sellers who also rejected the price, but as long as we do not have a structural change at least in the 4-hour time frame, we can have long intraday trades in the ascending ranges, if confirmation is issued.
$Amzn coming off of bottom channel, Target of 195.57 Upcoming?Amazon looks to be about to start its leg up off of the bottom channel. If price can close above yesterday’s highs around 190’s we can se a push to our upper target area of 195.57 for a 5 dollar move. Price action is key with volume!
Trade Safe
@T.W.I.N.E.Y
BTC: Leading Diagonal Forming? A Small Dip Before the BreakoutAfter revisiting the wave structure, it seems BTC may be forming a leading diagonal for Waves 1, 2, 3, 4, 5. So far, BTC hasn’t shown the ferocious momentum needed to decisively break the upper trendline, but a small dip to $62K might occur before the long-awaited breakout.
The upper trendline breach is coming—it’s just a matter of time. Expect a potential brief pullback before BTC launches to new highs.