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200ema-pullback

Pick of the Currency Outbreaks AUDUSD. More bulls ahead. This is the Daily chart of AUDUSD. It's up well over 1% today. It looks to have strength continuing to the upside due to a change in momentum favouring the Aussie. You can see in the chart of daily how the 200ema has turned in favour of the Aussie. I would be looking for a pullback to this 200ema which is about 0.6652 to 0.6655 to offer a wider zone of buying. If you look ahead on the Daily, you will see a huge head n shoulders bullish setup which the bulls will be chasing. I wrote a month or 2 ago how I expected the Aussie to breakout, but the USD has also returned to strength. We also saw AUD perform very strongly against a basket of of other currency's in the Asian session earlier.
by Easy_Explosive_Trading
Exide Industries out of consolidation and ready to take off.After a period of consolidation 📉, Exide Industries seems to be building a solid base and is showing signs of renewed bullish momentum 📈. Recently, it also bounced from its 200 EMA, which is an important reversal signal 📊, indicating a potential shift in market sentiment. The consolidation phase likely allowed the market to absorb earlier gains, setting the stock up for its next upward move 🚀. Investors might see this as a prime time to enter, with the potential for continued growth looking promising based on current technical indicators 🔍. View invalidates below 400 on daily close. Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
NSE:EXIDEINDLong
by Numan_SuriyaMohammed
VELO RSI looks beautiful VELO looks beautiful on all higher time frames. I especially like 3D RSI, which is setting up nicely, but needs to stay above 50 level. 12H and D1 look great as well...both RSI position and market structure. I first want to see what happens when price breaks above the previous highs marked with the blue horizontal line. Ideally I would like to long the restes of the broken level and a retest of 12H 200 EMA and SMA. Another option would be to simply go in with a starter position once the level breaks. I would preferer option 1. Let see what we get Happy trading
Long
by Retrace_all_gains
$US500 SP500 forecast.Here's what I'm looking at. I still think $4100 is on the table for a bottom. Reason being, there's multiple levels of confluence there. 1) If you take the AVWAP from the Jan 2022 highs, it comes to around $4100 2) It's a horizontal level 3) It's roughly the measured objective of the Head and Shoulders break down 4) It's also coming in around the 0.618 fib level. Of course there will be levels of support along the way, one being the current $4260 area. This $4260 area is also a confluence of support with 1) It's a horizontal level on the weekly 2) The 200EMA on the Daily chart 3) The AVWAP from the recent March 2023 lows. Either we see a bounce and recovery from here ($4260 area) or if we break lower we'll see 4100. For now, I still think $4100 may be the low for this correction.
PEPPERSTONE:US500
by HaseebKhan_90
GBPUSD have bottomed?Has GBPUSD bottomed? Price action suggest that it has. Since GBPUSD dropped to $1.036, higher lows pattern have formed WITH contracting pattern (tightening). From that pattern I drew a trendline. Price broke the key moving averages confluenced with the trendline break. Currently price is retracing back to its mean 50/100/200 after testing several times the $1.163 level. Actionable plan : wait for the price to test the key moving averages (keep it simple) and identify a rejection at those level and then Long. *Rejection could be anything. but preferably confluenced with pocket pivot (blue bar or green bar at volume indicator)
Long
by sufiansaid
Ford - A good spot for a swing trade Long?Looking at the Ford weekly chart, share price has fallen hard since Jan. of this year with no relief pull-back. Well over 50% from the low in March 2020. Is it at a good level now for that pull-back to happen? Notice a possible head and shoulder formation brewing in the works. Price is at the 200ema on the weekly and at the .618 fib level. The .618 fib level is at a point of support also. Stoch RSI has been under 20 since early Feb. Maybe a good time to pick up a few shares for the longer term investor. Or possibly a nice swing trade long. It'll be interesting if price just destroys this zone or reacts to it.
NYSE:F
by DubbsyFX
Wallstreets wants the Q's weekly EMA 200 again?Currently we are inmiddle of one of the most chaotic times, and stockmarket is starting to price in some serious fears into the market. Just eventually be prepared, that wallstreet might be aiming for some real deep value here. Btw. currently we buy the 100 week average price on nasdaq, not the worst spot to maybe start a fresh longterm depot, DCAing on the way down to maybe the weekly 200 might be somewhat of a chance with long horizon. Stay safe guys, trade setups coming soon again, busy times..
NASDAQ:QQQ
by 10xTrading
DOT/USDT found the bottom ????Polkadot has been correcting since the ATH and is heavily impacted by BTC. DOT is almost 37% below the last ATH despite all the bullish hype such as parachain auction. The question is where should we buy or accumulate more DOT? Currently DOT finding support at 200 EMA and 0.786 fib if it bounces from here and breaks the trendline then we will see a massive rally. If 200 EMA doesn't hold then the next major support is around $27. Be mindful of BTC movement too because BTC movement affecting DOT price more than other alts. This is not financial advice please DYOR
Long
by CryptoCafeClub
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