Gold in the next 24 hoursGold is still currently in a downtrend, it respected my major 1750 zone as resistance and closed bearish as well on the intraday level. We could see price fall to 1725 support zone, if that’s broken, we would start heading down towards 1700 zone.
Gold Sell Limit @1742
SL- 1749
Tp- 1738
Tp- 1732
Tp- 1727
*Only Risk 1-2% of your account
Power
Cup and handle pattern, will it break 246-250 jinx?Tara power forming cup and handle pattern with resistance around 245-250 and if it break then it can till 295 as short term target.
Let's watch for 3-4 weeks for resistance testing.
Note: this is just educational purpose and not for recommendations at all.
CNXENERGY - DAILY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Wyckoff accumulation + gartley pattern We can notice an accumulation phase in the market. Pay attention at the spring, if you zoom in the chart you can see that the low of the spring has broken the low of selling climax and that is a perfect liquidity grab used by istitutionals to open their big long positions.
Then you can see the gartley pattern that worked perfectly, now I expect a retracment and a continuation of the new uptrend
Bitcoin Bear Flag: WARNING!Hello Team,
---Trade Idea:
Short Play:
Bitcoin has formed another Bear Flag; this formation is a bearish pattern indicator. You can see the outcomes of Bear Flags in Bitcoins Past giving the short play a higher probability of occurring. We will wait for a confirmation break of the flag support to enter short positions to our 18.8K Target. As the price falls we will add breakeven stop losses and take profits along the way keeping a small remaining position open for a potential continuation down. Coming up we have GDP, Core & Fed talks so expect an increase in volatility.
This Short positions will be invalid if we break out of the Bear Flag resistance. If this lower probability of price action occurs we can look to retest ~28K.
---Opportunity:
Historically Cryptocurrencies have a ~4 Year Bear market according to its short historic data. If this occurs again we can look for more despair in the markets. The cryptocurrency market maximizes emotions with its huge swings in price. In the past, we called the last bear markets (2017 BTC 5K, 2020 BTC 10K & Other altcoins) & warned of sell-offs during the bull market (ETH 4K & BTC 60K). Every time emotions hit an all-time high. We have already started entering positions for our long-term portfolio (which can be seen in our others posts). We also are preparing our long-term portfolio for all outcomes of the financial markets (you can view a breakdown of the plan in a past post). Investing in the cryptocurrency bear markets in the past has created life-changing opportunities.
---Stock Market
The Stock Market is still toying with emotions as well as creating a potential bear trap and is still in a medium-term downward pattern. If the stock market takes another dive downward expect Bitcoin to follow as they are currently correlated. Currently, the SPY has hit a resistance level that could push it back below 400 and into the high 300s. Look for a pattern break to indicate a reversal in both the stock market & cryptocurrency market before looking for a long trade or long positions for your long-term portfolio.
Powerledger (POWR) formed big Gartley for upto 451% pumpHi friends, hope you are well and welcome to the new trade setup of Powerledger (POWR).
Previously we had a nice short term trade of POWR:
Now on a weekly time frame, POWR has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Tata Power Breakout As you tata power make a inverted head and soulder pattern in lower time frame (15M). In 1hr time frame it is also V shape recovery.
This trade is for monday for day trading as well as swing if the structure is break.
Confermations (Buy if )
1) 200 EMA in 15M
2)break the stucture and marked resistance
3) Trend line break
And the target is Around 235
(Always do your own analysis)
DOLLAR MELT UP? As some will know I've been monitoring the DXY very closely for months.
It's unbelievable where eh Dollar is now, compared to mid 2021. After all, many a guru out there predicted the dollar would crash. Markets don't obey gurus!
In this video I explore the Dollar on different time frames, to get a perspective on key levels and where the Dollar could go next.
Nothing here is a prediction. The point is, if in your mind you think 'It can't go higher', well the markets may think differently.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Speak Life into what you want speaking on what we say to our self and what we speak aloud tune in to what you say and fine tune it to better you self and the world around you
challenge
today listen to what people say and find the negative words they say and write the sentence down and restructure the sentence to be a positive and that is spoken in a way that is moving forward.
FLUX Power (1D) Could it be SO bullish ? Hello Traders,
This analysis is based purely on Elliot Wave trading analysis. As you can see My Wave count expect trend reversal.
Wave A was amazing1:1, Wave C alredy formed 5 subwaves (whch are most likely finished).:
- RSI 1D is positively Ceonverging,
- MACD 1D is positively oConverging,
- Today 10.2.2022 at 4:30 Eastern Time will be reported Earnings for 4Q/21.
Its very nice price entry from All time low only 13% up. = Aiming for 6 to 7.5 USD sell zone it brings me very interesting Risk Reward Ratio.
trade safe, do your own research and EW count + always use stop-loss ;)
SUNW Expected to Beat Earnings Estimates on March 11Sunworks, SUNW, is expected to post quarterly loss of $0.21 per share, a year-over-year change of +25%, while revenues are expected to be $29.5 million, up 243.8% from the last year quarter.
Sunworks provides photovoltaic based power systems for the agricultural, commercial, industrial, public works, and residential markets in California, Massachusetts, Nevada, Oregon, New Jersey, and Hawaii.
My price targets for SUNW in this energy booming economy are $6.40 and $8.05.
Looking forward to read your opinion about it.