Analysist
Power Finance, Target Reached, 295 % Profit _ Complete AnalysisIn Power Finance Corporation a "Symmetrical Triangle Pattern" formed and Breakout, Reached the Target. Buy in February 2023 at the Price of 113 rupees and Sell in January 2024 at 450 rupees. This Result in a Total PROFIT of 295 % within a Year (11 months).
eurnzd analysis. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Possible bearish opportunities for Dell in the upcoming weeks
Here we have Dell Technologies Inc. (DELL) I am looking for shorting opportunities here within the next few weeks as you can see on the chart we are overextended from the upper band on the Bollinger Band. We are also overbought on the RSI. We are starting for form a bearish Heikin Ashi candlestick as well. I would target the recent resistance which the the red line for TP 1 and the VWAP for TP 2.
Still on a Uptrend move on the 2H TM.Price is currently Trading on a discount Range of the 2H TM uptrend .Meaning it has a potential of finding a strong demand and than push up to continue a trend. seller can sell as we are on a minor downtrend on the lower TM , but be aware of being trapped to your seller's positions because price is currently trading on a discounted Range of the 2H TM (which is the Major trend Up trend )
I am looking to buy GBPUSD only when price brake up the 1st structure. And i will start looking for sells when price brake down the demand structure.(2H demand Structure)
GJ - 1 Hr Projection and AnalysisI am leaning towards more of a bullish projection but I'm not sure yet it's too early to tell and I do not trade on Mondays.
It looks so indecisive at the moment, so I need to wait for price to break out and show me what it wants to do. Don't forget we are stuck in choppy and unclear behavior at the moment, especially on the higher Tfs, so I am not looking to force any trades. I need clear and concise price action and behavior before i even think about putting my capital at risk.
For me to take a trade i have pointed out what I would like price to do as that would give me the best position possible for buys.
If it does not retrace back to my Point of interest i will not be trading it this week or at all until it gives me something significant to work off.
I honestly just used to force trades for the sake of it and I also felt like if I wasn't actively taking trades, it meant I wasn't that i wasn't 'working' - but boy was I proven wrong. You should never over-trade or force trades if you are not 110% convinced it has a high probability or working out according to your strategy or trading plan because 9 times out of 10, it will hit your stop loss or blow your account.
So just remember if your pair/s are not giving you enough confirmations or are abiding by your trading plan/strategy - do not trade them because you WILL lose your money. Your trading plan is there to protect and guide you.
Once again - this is just what I would personally like from GJ this week and if it doesn't give me what I want I will trade AJ or not trade at all until i am satisfied with the market conditions for either or each pair :)
EURUSD Bias 11/21-11/25EURUSD Bias- Short
Currently in sells long term for EU & also scalping buys. Expecting us to push down for the rest on the week on all USD pairs going into Tuesday & finishing off wed with FOMC. EURUSD has the potential to hit 0.9700 again (monthly key level) before the year is over.
gold long sideI expect gold to move bullish after one more drop taking the liquidity below 1st as marked on the chart. We won't the reason for the drop until it happen. Even the drop is just an optional for gold but as a trader we should see the chances, this can push high without giving the drop.
So I'm biased only to long side
BANK NIFTY TOMORROW 4th AUGUST THURSDAY ANALYSISIF BANKNIFTY indices is trading in between 37400....38000 supply and demand area, since four sessions. Tomorrow if price breaks 38150 level immediately, target would be 38400. If price gaps up above 38400 or starts trading near 38400 level after 12 pm we can expect another 150 points move.
NIFTY TOMORROW 3 AUGUST WEDNESDAY ANALYSISAs we discussed yesterday price moved 120 points whole session . Tomorrow I am expecting the same trend will follow . If gaps up above 17400 level immediate resistance is 17460 or if gaps down below 17150 immediate target 17080.
As of now we cant expect big move , unless price breaks 17000 support or 17450 resistance , Inside this range price will make a choppy move . It is better if we trade in less quantity until price breaks upper or lower resistance zone.
DAX Analysis 02/08/2022From a technical perspective, last week Friday saw a monthly candle close as a bullish candle of a level of support. We closed above the 50-SMA while at the same time maintaining a bullish structure (higher highs and higher lows) on the monthly timeframe. The daily timeframe saw another bullish candle close as we now trade between the 50 and 100-SMA.
SPX500USD Shorts Coming This weekHi Traders,
S&P500 Has a similar structure to the Nasdaq and the Dow Jones, Right now I see a few points of interest where I may take a short position. I would like to see Price reach 3895 where I would look for potential sells seeing that price has made a lower high at 3950. Keep in mind that Price is yet to make a lower low and if we do reach our point of entry it may be the best place to enter the short for a lower low.
Price has left an imbalance at 4080 which still has the potential of being filled. Knowing this, I will be very conservative with the entry at 3895 where I will wait for rejection and then some sort of bearish candles before entering.
Let's be sure to smash this week, Remember to be patient disciplined, and very calculated with each trade. Many Traders tend to bring the gambler's mindset into their trading.
Best Regards,
Renaldo Philander.
BTC LONG POSITION 15' CHARTIn this 15' chart we are looking at the possibility of a long position due to the ascending triangle pattern that has been created. Only thing to take in mind is the volume factor that might change the rule of the game but we are just making assumptions and creating possible chart strategy in case of breakout of the resistance line.
SILVER...A BULLISH GOLD MINE?TECHNICALES
XAG/USD has finally come to a bearish end lasting over 120 days! An amazing performance from the metal in comparrison to the dollar.
The pair has made a bullish break out of the trend line on Thursday this week and tried to come back in but wicked out, continued bullish and there is our bullish confirmation!
On its way up i expect it to play around the regresstion trend till resistance zone of 24.641 strong bearish movement may come into play from then but will not come back to daily resistance zone bring at 22.435.
FUNDAMENTALS TO LOOK OUT FOR
SUNDAY, OCTOBER 17
02:00
USD IMF Meeting
MONDAY, OCTOBER 18
11:30
USD Fed's Quarles speech
20:00
USD Monthly Budget Statement(Sep)
URGENT MESSAGE FOR ETHEREUM INVESTORS!!BE PATIENT FOR THE BIGGEST RETURN!!!!
BINANCE:ETHUSDT
IN SHORT
➊ Ethereum still trending downwards (Lower Highs, Lower Lows)
➋ Ethereum will face correction
➌ Key Levels of support and resistance
➍ Bitcoin and Ethereum Mysterious connection
➎ My investment plan
ETHEREUM had its first test of resistance at around $3,556 USD it fell to $3,168 USD and used it as support. ETH rallied and the second push broke out of the resistance ETH is facing right now ($3.350 USD) and it used that as a support before breaking out of that key level of resistance at $3,556 USD. Due to the Evergrande Crisis ETHEREUM fell to around about $2780 USD and the $3,168 USD level of support then became resistance.
NOW EXCITING NEWS IS ETHEREUM HAS BROKEN OUT OF THIS MID TERM DOWN TREND
ETH now has hit this previous level of support ETH used before rallying up towards the short term all time high at $3,556 USD. Due to this big push and because Bitcoin is also facing a correction, we are going to see a correction for ETHEREUM which will most likely use the historic $3,168 USD level as support before gaining back the momentum to break through the $3,556 USD. However if ETHEREUM cannot hold this level of support we are looking at a technical target of $2,445 USD. HOWEVER!!! If it does hold this support we are looking at a technical target of $3,700 USD.
Make sure to keep an eye on Bitcoin as Bitcoin is really dictating the price of ETHEREUM. Ethereum has been labeled as Digital silver following Bitcoin being named digital gold. This makes me very bullish on Ethereum because for price to get driven up you need a narrative to really drive the markets because narratives are what get retail investors in and retail investors are the main drivers of markets. Due to retail investors and the media pushing Ethereum as the “silver” of the crypto world, ethereum is becoming very main stream. This causes Ethereum to sort of “follow” Bitcoin’s price movements as these two coins are the main ones being advertised to retail investors.
However be careful do not blindly put all your money into it just because you see videos or posts saying “BULLISH BULLISH” because a lot of the times the pump is not worth the hype.
I have invested a bit into ETHEREUM around $2,850 USD and i am patiently waiting to see if ethereum does use $3,160 USD as support and if i do see this i will increase the size of my positions as this would be an extreme bullish sign.
Be careful and stay safe and Make sure to follow for everyday news and analysis so we all can make MONEY!!!
Thank you make sure to let me know what you guys think and what your plans are with Ethereum moving forward
THIS IS NOT Financial Advice