DXY observations (short term bearish trend)DOLLAR OBSERVATIONS
As price continues its downward trajectory, it has shifted its trend to the downside, leaving behind clear supply zones. One of these zones was previously identified and respected as per last week's forecast. I anticipate this short-term bearish trend to persist until it reaches the 104.200 mark. At that point, I expect a bullish reversal to occur, especially considering the presence of an imbalance just above this level.
Additionally, with price currently in a downtrend, my bullish biases on GU and EU align accordingly. This correlation is logical until either of them reaches the supply zone on the daily chart, which should coincide with the same daily demand zone marked out on DXY.
Shortterm
SasanSeifi 💁♂Will We See a Break Above $1.32❓
Hi there!
Taking a look at the 4-hour timeframe, the overall trend has been oscillating within the price range of $1 to $1.30. The price has recently bounced off the $1.20 demand zone and is currently trading in a range of around $1.28.
In the short term, there is a possibility of a HIGH above the previous high of $1.30 and growth to the liquidity zone target of $1.38/$1.50. I expect the price to see growth after ranging or making a minor correction if confirmed. The key support zone is $1.20.
Conversely, if the price breaks below the LOW and settles below $1.20, further correction is likely.
Remember, this isn't financial advice! Always do your research before making any trades.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
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Bitcoin Retest 72000$🔥🔥If we pay attention to the US news and interest rate changes, we can see the price change soon.
The Bitcoin ETF has shown green buying colors after several days of negative selling.
After the inflation of the dollar, we are on the side of a sharp rise in the price of Bitcoin.
We may not see significant price action for 60 days. The market is looking like a cheater right now.
BTC - Bearish Short-Term Until...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 After breaking below the last major low in red, BTC has been bearish from a short-term perspective trading within the falling channel marked in red.
🏹 For the bulls to regain control, a break above the upper red trendline is needed.
Meanwhile, further bearish movement towards the lower bound of the red channel would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
PPLPHARMARectangle Pattern Breakout.
Volume Buildup seen.
Good for Short term.
Above all Key EMA.
Target 174 , 195 ...
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
MINDTECKForming a Base after a Breakout.
Another Flag Pattern possible.
Above all Key EMA.
Good for Short term.
Do Like ,Comment , Follow for regular Updates...
Follow Proper Position Sizing & Risk Management...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
MRPLLooks Good on Chart.
Volume Buildup followed by Consolidation.
Good for Short term.
Target 290 ,360 ...
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
TAJGVKMultiple Breakouts.
Consolidation followed by Huge Volumes.
Looks so Good on Chart.
Above all EMA.
Good for Short term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
MAHABANKTriangle pattern Breakout .
Good volumes.
Consolidation done .
Above all Key EMA.
Good for Short term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
JUBLFOODTrendline Breakout.
Volume Buildup seen.
Above 20 EMA.
Good for Short term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
SOLUSDT 1HInterval ChartHello everyone, let's look at the 1H SOL to USDT chart, as we can see the price has entered a sideways movement and is breaking sideways from the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $154
T2 = $162
T3 = $168
AND
T4 = $175
Now let's move on to the stop-loss in case of further market declines:
SL1 = $142
SL2 = $137
SL3 = $130
AND
SL4 = $112 - $105
When we look at the RSI indicator, we will see that we are bouncing off the downward trend line, but we can see that the lateral price movement results in an increase in the indicator, which may again translate into an attempt to drop the price.
GOOGLE with a bullish secret mountainI mean, let's be honest, everyone knows this pattern so I probably don't need to over-explain.
But basically, GOOGLE is quite bullish to 142.
The RSI on the bigger charts still have room to climb, and the smaller charts are all pretty high. The thing to notice is the rejection off a resistance trend, with a high short term RSI and a longer term RSI that is pumping. The high short term, at the rejection area implies that a drop would be soon to follow. That drop is starting to line up right with some pretty solid short term trend support. If the short term trend support holds up, we can keep pumping until we hit the next resistance trend, which would probably coincide with a cool down.
There are a few different paths that google could get up to the mid 140's, and the orange mountain drawing is one of them, and the one that provides a more natural growth in the short term with a healthier cool down. However, we could potentially see a more explosive move off the trend which might look more like this (pink)
On a trend break, depending on where this occurs, we could see some major downside (or some not so major downside depending on your position) with a nice little bounce back. Which might look more like this.
followed by a bounce somewhere (idk where) this is just a really really rough trading plan just incase we see a trend break and a drop. Lines are not accurate in terms of price and time frame.
If we drop to the secret base, maybe just under 126, expect a missile launch. Missile launch could be a dud and might not make it back past 133.
ELECTCAST Looks too good on Chart.
Breakout possible .
Above all EMA.
Good for Short term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
JUBLINGREA !!!Rectangular pattern Breakout.
Huge Volumes.
Good for Short term.
Target 590 , 640, 900.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
EURUSD - Bearish => Bullish 🎯Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 As per my last analysis , attached on the chart, EURUSD rejected the upper red circle zone and traded lower.
Currently, EURUSD is approaching the lower bound of the red wedge pattern.
Moreover, the $1.07 is a strong support.
🏹 Thus, the highlighted red circle with the blue arrow is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline.
📚 As per my trading style:
As #EURUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SJVN LONG !Expecting good Momentum .
Consolidation done .
Coming out of the Range.
Good for Short term.
Target 170, 220.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Bad EU data momentum trade (Apr 3)Fundamentals & Sentiment
EUR:
There was a lower than consensus Inflation data and a bad Unemployment print. I use these as triggers for a short-term momentum trade.
CAD: Canadian economy is doing better than EU based on the main economic indicators. CAD is undervalued based on a few market internals (not EURCAD pairs though)
Technical & Other
Setup: S(RTF)
Setup timeframe: 1h
Trigger: 1h
Medium term: Down
Long-term: Range
Min target: April 2 low
Risk: 0.27%
Other: expected a rejection from the heavy MAs
Short term Investment Idea | Infosys | 25% Upside Potential
Short term Investment Idea | NSE:INFY | 25% Upside Potential
✅ Buy Level - Rs 1485-1499
✅ SL - Rs 1431
✅ Target - Rs 1734 / Rs 1832
✅ Support on 200 DSMA
✅ Trading at the bottom of the parallel channel
✅ Completed Fibonacci Retracement of 38.2
Look at the chart for more information
Thanks
Thanks