Treandanalysis
GOLD correction to SUPPORT line and new GROWTHThe price formed range zone. The market is ranging after impulse leg up and it might descending cahnnel which is going to be a correction against main trend. I think gold will range in this pattern for some time retest the support level and upward trendline. My goal is the resistance zone at 2030
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Gold Analysis and Trade Idea for 27-Feb-2023Bullish
- Market is in one day bull trnd and will make a LH
- Gold showed bearish trend from past 4 weeks and bearish trend is still continue until gold breaks 1817-20 Resistance zone
- Gold is facing psychological Support at 1800 which it will test in this week so Support zone is 1800-1806 in this zone gold can bounce back. and keep testing 1817-1820 Resistance zone.
- Long reversal trend is only possible if gold breaks 1820 level or above yellow doted line.
- On other Hand Dxy is getting stronger which will push gold up and give bulls a chance to jump into the market.
- Gold has made a LL on 4H around 1806.70 and can move up for today to make LH
Till this situation continous I'll wait for best move by selling in resistance zone 1817-1820 and buying in buy zone.
--Happy Trading | @patientwolff @xeshaan
Permanent Magnets Ltd - Resistance + Trendline Breakout📊 Script: PERMAGN (PERMANENT MAGNETS LTD.)
📊 Sector: Electrical Equipment
📊 Industry: Engineering
Weekly Time-frame
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Already Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price.
📈 Script has given Trendline Breakout which was working as resistance(sown in chart) in both time frame daily as well as weekly.
📈 Current RSI is around 83.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 507
🟢 Target 🎯🏆 - 597
⚠️ Stoploss ☠️🚫 - 468
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
ONEUSDT Extremely Bullish on Harmony 🚀Harmony is giving me a good vibe I must say. Clearly there is unique trend , HARMONIC patterns it has carved out for itself over time.
Consecutively ONE has had series of Bullish reversal mode of movement uninterrupted.
Every time it makes this move it sets another ATH . I see a huge new ATH this time as the correction taken quite longer than expected.
A solid Support near 16c has been defended by the bulls few days straight. Quite impressive the rally behind the Harmony token.
Nothing really to chart here, no need for complex analogy . It is all clearly drawn out in the Chart , crystal clear the next path for ONE which is, you guessed rightly UP 🚀
Bulls are likely going to attack at dawn and push upward. I am extremely bullish on Harmony .
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EUR/USD Signal to open LONG position {hidden Divergence}Greetings!
Euro / U.S. Dollar
If the 1.18289 line is broken, the price will go up to around 1.18600
As you can see, the RSI show a Hidden Divergence divergence, Which indicates a price increase.
ADX Below 25 means that the market has a neutral trend
Remember that oscillators show the future of the market
Line 1.17900 is a weekly and monthly support that is very important
Daily resistance 1.18600
Resistance level : 1.18600
Support level : around 1.17900
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck.