MATICUSDTIs MATICUSDT exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.5580
What you guys think of it?
Sellsetup
Analyzing ITC Stock Using Fibonacci Chart: ShortfallIn this analysis of ITC's stock using the Fibonacci chart, we identify a potential "shortfall" in the stock's performance.
First Target at 412.6: The "first target" is a price level at which the trader or investor hopes to sell their ITC shares to lock in profits or limit losses. In this case, the first target is 412.6, which means the trader is looking to sell ITC shares if the price reaches this level.
Second Target at 392.15: This is a lower target, indicating that if the stock price continues to decline, the trader plans to sell their ITC shares at this price to mitigate losses.
Stoploss at 440: A "stoploss" is a price level at which a trader will sell their shares to limit potential losses. In this case, the stoploss is set at 440, meaning that if the stock price rises to or above this level, the trader will buy their ITC shares to cut their losses.
This information is often used in technical analysis and trading strategies to manage risk and potential gains when trading stocks. However, it's essential to remember that stock prices can be highly volatile, and there are no guarantees in trading or investing. It's crucial to make informed decisions based on thorough research and risk management strategies. It's also advisable to consult with a financial advisor or do your own research before making any investment decisions.
CHFJPYIs CHFJPY exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 165.10 followed by 164.
What you guys think of it?
GBP\UDS SELL SETUP @KENMI
1D Timeframe:
Market structure has transitioned from a bullish trend to a bearish one.
Inducement has been removed, mitigating the previous Decisional OB (Order Block).
The price continues to decline.
1H Timeframe:
The structure is breaking to the downside, indicating a bearish trend.
We are waiting for the Inducement to be taken out, with the possibility of mitigating the recent High-Volume Order Block (HP OB).
Upon receiving all necessary confirmations, we will enter the trade.
Target: The low of the 1D timeframe.
Best regards,
Trader Kenmi
Please be aware that trading carries significant risks and can become addictive. It's essential to exercise caution and never invest more than you can afford to lose. Remember, entering signals should be approached with careful consideration of the potential risks involved. Your financial well-being should always be a top priority when engaging in trading activities.
BTCUSDTIs BTCUSDT exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 28075 followed by 26000.
What you guys think of it
CHFJPY Short | Trade AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity CHFJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
AUDUSD BEARISH SETUP|LONGHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity AUDUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
19.10.2023 - SELL GOLD at 1948.00 The recent price movement aligns perfectly with my previous analysis. The market is currently progressing towards the key resistance level. The price managed to break out of a descending channel after forming a double bottom at the support level. I believe there is a possibility of gold retracing from the resistance zone and the upward trendline, given that we have witnessed a bullish trend for the past two weeks, and some correction is likely needed. Should the market test the 1968 level and encounter rejection, this could potentially lead to a bearish reversal. I anticipate a brief pullback from the resistance zone in the short term. My target is set on the support region around 1933.60.
EURAUD downside incomingGreen: Daily range
blue: weekly range
yellow: monthly range
Based on my analysis and personal strategy, all time frames scream for more downside to come into play. I already made a great short trade on this early in the week, and I think more short opportunities are presenting themselves.
NZDJPY Rising Wedge BreakoutThe pair is already in a strong downtrend on higher time frames. We are expecting further weakness which is signalled by the breakout of the rising wedge pattern. We can also see the formation of a new low and a breakout of a key level which further supports our directional basis.
EURAUD Potential MovementEURAUD potentially continue the previous move to go lower after breaking the support trendline.
We are expecting the EURAUD to retest in the trendline and that will be our opportunity to open sell position.
SELL LIMIT 1.657
SL 1.6635
TP 1.644
TP Max 1.633
Happy Profit!
Good luck!
CFXUSDTIs CFXUSDT exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1400 followed by 0.1200.
What you guys think of it?
GBP/USD AnalysisAfter the move down from the 4h FVG yesterday I'm expecting GU to continue the momentum to the downside, I highly recommend to wait for a retracement into the inversing FVG and waiting for some confirmations in the lower time frames to take the liquidity at 1.2060 and further more from a long term persepective