Current Price Action: The current price is around 2,321.045. There is a visible downward trend from recent highs around 2,362.845. Trend Lines: Several descending trend lines are drawn, indicating potential resistance levels. The price is moving within a descending channel, suggesting a bearish trend. Fibonacci Retracement Levels: Key Fibonacci levels are marked,...
NASDAQ 100 futures (NQU2024) on TradingView, showing various technical analysis elements including trend lines, Fibonacci retracement levels, and price channels. Here’s an analysis based on the chart: Current Price Action: The current price is around 20,096.75. There is a visible upward trend from the recent lows around 19,729.75. Trend Lines: Several ascending...
Volume Profile: The volume profile on the left indicates significant trading activity around the $2,310 to $2,320 range. This suggests that this price range is a crucial support and resistance zone. VWAP (Volume Weighted Average Price): The weekly VWAP levels are marked at $2,318.849, $2,329.414, and $2,308.283. The current price is below all these VWAP levels,...
Support and Resistance Levels: Resistance: The chart indicates a significant resistance level around $2,447.35. Support: There are multiple support levels identified: Major support at approximately $2,213.82. Another key support level around $2,093.47. A further support zone is marked around $1,980.73. Fibonacci Retracement Levels: The Fibonacci retracement...
Observations: Time Frame: The chart spans from 1916 to around 2111, covering a broad historical and future projection range. Price Levels: The current price level is marked at 5,469.29. Future projections suggest significant price levels up to around 19,569.70 and even higher in the longer term. Technical Indicators: Fibonacci Retracement Levels: Multiple...
Observations: Time Frame: The chart spans from 1916 to around 2111, covering a broad historical and future projection range. Price Levels: The current price level is marked at 5,469.29. Future projections suggest significant price levels up to around 19,569.70 and even higher in the longer term. Technical Indicators: Fibonacci Retracement Levels: Multiple...
Observations: Time Frame: The chart spans from the late 1800s to approximately 2100, covering a broad historical and future projection range. Price Levels: The current price level is marked at 28.89 USD. Future projections suggest significant price levels up to around 333.425 USD. Technical Indicators: Fibonacci Retracement Levels: Several Fibonacci...
Elliott Wave Analysis The chart still follows Elliott Wave theory, with additional annotations and projections: Wave Structure: The chart continues to indicate a completed five-wave impulse pattern. Waves (1) through (5) align similarly to the previous chart, with Wave (5) marking the recent peak. Corrective Waves: The chart suggests a potential ABC corrective...
Here's an expert-level breakdown of the key components and potential trading strategies: Chart Elements: Elliott Wave Analysis The chart includes Elliott Wave counts, indicating the different waves (impulse and corrective) within the overall market movement. These are critical for understanding the market cycle. The chart shows a completed five-wave impulse...
Here's an expert-level breakdown of the key components and potential trading strategies: Chart Elements: Volume Profile (Left Side) This shows the traded volume at different price levels. The areas with higher volume indicate strong support and resistance zones. VWAP (Volume Weighted Average Price) Lines (Monthly) Multiple VWAP lines are plotted, providing...
Chart Overview The provided chart shows the price action of gold (XAU/USD) with various technical indicators and levels. The main components of the chart include: Volume Weighted Average Price (VWAP) Levels: Monthly VWAP lines are marked at 2,329.47, 2,352.76, and 2,306.17. Liquidation Levels: Multiple dotted lines with bubbles indicating levels where...
Chart Overview The provided chart shows the price action of gold (XAU/USD) with various technical indicators and levels. The main components of the chart include: Volume Weighted Average Price (VWAP) Levels: Monthly VWAP lines are marked at 2,329.47, 2,352.76, and 2,306.17. Liquidation Levels: Multiple dotted lines with bubbles indicating levels where...
Dow Jones Industrial Average (DJIA or US30), here are the key points to consider: Overview The chart presents a detailed technical analysis of the Dow Jones index using various technical indicators such as Fibonacci retracement levels, volume, and VWAP (Volume Weighted Average Price). The price is currently at $39,137.64. Key Levels Support Levels: $38,767.86:...
Overview The chart shows a detailed technical analysis of gold prices using various technical indicators such as Fibonacci retracement levels, volume, and VWAP (Volume Weighted Average Price). The price is currently at $2,361.87. Key Levels Support Levels: $2,297.27: This is a key support level as indicated by the Fibonacci retracement (0.786 level). $2,264.04:...
Current Price: 38,823.79 USD (as of June 19, 2024) Chart Overview: The chart displays price action, Fibonacci retracement levels, trend lines, and volume profile analysis. It utilizes Liquidity Heatmap, VWAP (Weekly), and volume data. Key Observations: Price Action: The price has been moving within a descending channel marked by the red trend lines. Current...
GOLD (XAUUSD) chart with a focus on Fibonacci levels and other technical indicators. Chart Overview Price Levels and Fibonacci Retracements: Several Fibonacci retracement and extension levels are marked on the chart. The key Fibonacci levels noted include 0.618, 0.705, 1.618, 2.618, and 3.618 extensions. Trendlines: There are clear downward and upward...
Chart Overview Volume Profile: Visible range volume profile is displayed on the left side of the chart. High trading volume zones are marked by longer horizontal bars. VWAP (Volume Weighted Average Price): Weekly VWAP levels are shown, currently at 66,061 and 64,843. Trendlines and Channels: An upward trendline seems to be in place from the lower left to the...
DAX chart you provided, let's break down the key components visible in the chart: Volume: The volume is indicated at the bottom of the chart. The volume bars show trading activity, with higher bars representing higher trading volumes. VWAP (Volume Weighted Average Price): There are two VWAP lines on the chart: one for the week and one overall. The weekly VWAP...