Sai2k

04:06

Sai2k

Please watch video for clear explanation about my personal trading idea for today

Sai2k

Overall Trend: The chart shows an uptrend over the past few months, with the price making higher highs and higher lows. However, there are signs of a potential trend reversal as the price has recently broken below a key support level around 2,650. Patterns: Head and Shoulders Top, Descending Triangle Sentiment: -40 (Bearish) Strategy: The breakdown from the...

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Potential Reversal: There are signs of a potential bearish reversal or pullback, as indicated by the recent formation of a shooting star candlestick pattern near the highs, accompanied by increased selling pressure. Volume Patterns: The volume bars do not provide a clear indication of significant volume patterns, as they are not visible in the provided...

Sai2k

Trend Analysis: The overall trend appears to be bearish in the recent period, with the price breaking below a key support level around 2,670 and making new lows. However, there are signs of a potential trend reversal or pause in the downtrend, as the price has formed a bullish engulfing candlestick pattern near the lows. Volume Analysis: Trading volume has been...

Sai2k

Overall Trend: The chart shows an initial downtrend followed by a corrective uptrend, indicating a potential reversal from the bearish momentum. Sentiment: 40 (Moderately Bullish) Patterns: Head and Shoulders Bottom, Bullish Engulfing, Ascending Triangle Strategy: Look for a breakout from the Ascending Triangle pattern and go long with a stop below the recent...

Sai2k

Strategy: A potential bullish reversal strategy could be to look for a breakout above the neckline resistance around 2,613 with bullish confirmation from candlestick patterns or indicators. A stop-loss could be placed below the recent swing low, with targets set at key resistance levels or based on risk-reward ratios. Sentiment Analysis: The market sentiment...

Sai2k

Overall Trend: The overall trend appears to be bearish, with the price making lower lows and lower highs over the given time period. Potential Reversals: There are a few potential trend reversal signals, including a bullish engulfing candlestick pattern around 12:00 on the 15th, and a morning star pattern forming around 18:00 on the same day, indicating potential...

Sai2k

Overall Trend: The price has been in a steady downtrend over the visible period, punctuated by sharp sell-offs and minor corrective bounces. Potential Reversals: There are no clear indications of a trend reversal yet, as the downward momentum remains intact. Volume Patterns: The volume appears to be higher during the sell-off periods, indicating increased...

Sai2k

Trend: The overall trend appears bearish on the 15-minute timeframe, with price making lower lows and lower highs. Potential Reversal: There are no clear reversal signals yet, but the price has reached the potential support zone around 2,567-2,570, which could lead to a short-term bounce or a reversal if buyer demand increases. Volume: Volume patterns are not...

Sai2k

Overall Trend: The chart shows an overall downtrend, with the price making lower lows and lower highs over the displayed period. Potential Trend Reversal: There are no clear reversal signals yet, but the recent bounce from around 2,585 could potentially mark a short-term bottom if it can hold and prices start making higher lows. Volume Patterns: Volume appears...

Sai2k

Overall Trend: The chart shows a downtrend over the displayed time period, with the price making lower lows and lower highs. Potential Reversal: There are no clear signs of a trend reversal yet, but the price appears to be consolidating around 2,628 after the recent selloff, which could potentially lead to a short-term bounce or reversal. Volume Patterns: The...

Sai2k

Overall Trend: The chart shows an overall downtrend in the gold price against the US dollar, with lower swing lows and lower swing highs forming over the period displayed. Potential Trend Reversal: There are no clear reversal signals yet, as the most recent price action is still following the established downtrend. Volume Patterns: The volume bars are not...

Sai2k

Overall Trend: The chart shows an extended uptrend from the left side, followed by a significant downtrend. There are potential signs of trend exhaustion near the recent lows, but no clear reversal yet. Sentiment: 0 (Neutral) Patterns: Head and Shoulders Top (bearish reversal pattern), Descending Channel (bearish continuation pattern) Strategy: A bearish...

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Sentiment: -10 (Slightly Bearish) Patterns: No clear chart patterns can be identified at this time. The market structure reveals a series of higher highs and higher lows, indicating an overall bullish bias in the longer-term trend. However, the recent price action suggests a potential shift towards a bearish bias in the short-term, with the formation of a lower...

Sai2k

Based on the Bullish Flag pattern, a potential strategy could be to initiate long positions on a breakout above the flag's upper trendline, with a stop loss placed below the flag's lower trendline. Alternatively, traders could consider entering long positions on a pullback towards the flag's lower trendline, provided the trendline holds as support. Entry: 2738,...

Sai2k

Patterns: Rising Wedge, Bullish Flag, Head and Shoulders (Potential Reversal) The recent price action has formed a rising wedge pattern, which is a bearish continuation pattern suggesting a potential trend reversal. Additionally, there is a bullish flag pattern visible in the previous uptrend, which is a continuation pattern. However, the current price structure...

04:14

Sai2k

My short entry idea as overall daily bias is tend to be bearish.

Sai2k

Potential Scenarios: Bullish Scenario : If the price can hold above $2,518.99 and break through the $2,542.95 resistance, it may indicate a short-term reversal or an upward correction within the overall bearish trend. Bearish Scenario : Failure to break through $2,518.99 and a subsequent drop below $2,497.09 could reinforce the bearish trend, with the price...