Get started

Beyond Technical Analysis

Kaiser Reef Ltd - I'm Hyper bullish on thisShowed this to a friend and he said, "oh a small cap?" Yes, somehow this is still a small-cap. Luckily for me. I have taken my position. If the price stays depressed over the coming weeks and months I will definitely be adding. No technical analysis, all fundamental and all of the fundamentals sound great to me (I am not in the Company and am definitely not a shill - not a paid one anyway :). Firstly, the market cap is only AUD41.7m today. Crazy. Why crazy? - They have AUD23 million on hand. So, take that off their market cap and their total operation is only valued at AUD18.7 mil. - So what do you get for that? You get two gold processing plants (one in Vic and one in Tasmania). Together they have over 1500 tons per day processing capacity. I just read about a mine in Peru that got an estimate of USD89 mil for a 1500 tons per day gold processing capacity. Obviously, that is more remote. But even if the cost was only 33% of that (USD30 mil), it would still be more than the current Market Cap of Kaiser. Also, permitting, environmental approvals? Could take several years to install a plant elsewhere. Kaiser's are permitted and producing gold dore bars now. - You get three highly prospective mines plus a few exploration projects (one that I want to see more about in the future; it is a gravity low, that is next to a magnetic high, on top of the gravity low at the very center is an historic gold mine. There is likely more gold there, how much? Will have to wait a few years to find out more about that one). - All three mines (Henty, A1, and Maldon) are very high grade - A1 averaged 25 grams of gold per ton historically and they are commencing mining of high-grade ore this year after years of processing secondary grade ore. - -Maldon reserves will be established over time. Maldon's historic production was 1.7Moz at an average of 28g / ton (including 300,000 ounces at 187g/ton AVERAGE from Nuggety Mine!). They are already compiling some really attractive drilling samples to establish reserves and extend the strikes. I am very interested to hear what they find underneath the historic workings of Nuggety Mine. There is underground infrastructure in place, but some work is needed to get it into production. ETA... not sure. Comes with a 120,000 ton/ pa producing production mill. - Henty (newly acquired in March 2025) historic production of 1.9Moz averaging 8.9g / ton. Henty produced just under 25,000 ounces of gold in 2024 (avg grade 4g/ton). Additional exploration and expansion planned. Comes with its own 330,000 ton / pa producing production mill. - If they even get both mills up to 50% capacity, with low-grade ore, this stock is going way way up. Back of the envelope using very conservative numbers: (capacity 550,000 t/pa / 2 = 275,000ton/pa x 4g per ton = 1,100,000 grams / 31.103 (grams per troy ounce) = 35,366 ounces pa). 35,366 ounces at $4800 an ounce is 169.75m gross revenue. Maybe a 15% net profit percentage (pretty conservative in this environment where Goldman Sachs just upgraded their target for gold in 2025 to USD3300/oz) = 25.464m pa net. If they have a PE ratio of 20 the market cap would be AUD509.275m which is 12.2 times higher than the current Market Cap. That is without any acquisitions, any gold price rises, adding any additional gold reserves (which they will add soon). If they only net 10% net profit the Market Cap should (at a minimum expand to AUD339.5m or 8.1 times the current Market Cap. 36,000 ounces is unachievable? That is the target the exec team set for the Company in 2025... not 2027... but soon. That is even without Maldon in production. Can nobody do math? Is nobody willing to take a risk on a very prospective looking operation? Some people will. I also like the exec team. They seem to; - Have a nose for a good deal, - Are not about buying over-valued assets (like a lot of the gold mind mergers you hear about these days. Big players buying fully-priced mega-mines with huge debt leverage. They will never survive any price drops and will end up being sold off at fire-sale prices by creditors), - They have a real sense of urgency in getting things moving. Buying working assets at fire-sale prices, with a near-term plan (that is tracking) to steadily improve production, cash-flow, mine grades, mine life etc. Anyway, I am going on. Do your own research. I shouldn't be writing this. It may mean I cant add much more to my position at low prices. I'm having some luck with gold miners - check out New talisman Gold on NZX (I still think it will go up 5 x from todays price when they start steady production).
ASX:KAULong
by flyinkiwi10
1
XAUUSD Trend Today - Slightly Downtrend🔔🔔🔔 EUR/USD news: 👉The EUR/USD pair continues to extend its decline from its recent yearly high, starting the week on a negative note. It has fallen below the 1.0800 support level, reaching a new three-week low near 1.0780, an area that also coincides with the temporary 100-day SMA. This correction comes as the US Dollar (USD) regains momentum, with the US Dollar Index (DXY) strengthening further above the 104.00 mark, as investors closely monitor the latest developments regarding tariffs. Personal analysis: 👉EUR/USD will maintain its short-term decline and await further news on US tariffs and Russia-Ukraine ceasefire talks. 👉The market is stable as there is little information affecting the pair today. 👉Analysis based on important resistance - support and Fibonacci levels combined with trend lines and EMA to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Sell EUR/USd 1.0790- 1.0800 ❌SL: 1.0830 | ✅TP: 1.0750 – 1.0720 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
EURUSD Hello Traders! 👋 What are your thoughts on EURUSD? The EURUSD entered a corrective phase after hitting the anticipated resistance zone and was rejected from this area, as previously analyzed. The price is now approaching a key support level. At this support level, there is a possibility of a new bullish move starting, which could lead to a breakout above the previous resistance and push the price toward the next identified target. Will EURUSD hold the support and push higher, or is there more downside ahead? Let us know your thoughts! Don’t forget to like and share your thoughts in the comments! ❤️
Long
by HAMED_AZ
9
Copper's Grip: Stronger Than Oil's?Is the U.S. economy poised for a red metal revolution? The escalating demand for copper, fueled by the global transition to clean energy, the proliferation of electric vehicles, and the modernization of critical infrastructure, suggests a shifting economic landscape where copper's significance may soon eclipse oil. This vital metal, essential for everything from renewable power systems to advanced electronics, is becoming increasingly central to U.S. economic prosperity. Its unique properties and expanding applications in high-growth sectors position it as a linchpin for future development, potentially rendering it more crucial than traditional energy sources in the years to come. This sentiment is echoed by recent market activity, with copper prices hitting a new record high, reaching $5.3740 per lb. on the COMEX. This surge has widened the price gap between New York and London to approximately $1,700 a tonne, signaling strong U.S. demand. However, this burgeoning importance faces a looming threat: the potential imposition of U.S. tariffs on copper imports. Framed under the guise of national security concerns, these tariffs could trigger significant economic repercussions. By increasing the cost of imported copper, a vital component for numerous domestic industries, tariffs risk inflating production costs, raising consumer prices, and straining international trade relationships. The anticipation of these tariffs has already caused market volatility, with major traders at a Financial Times commodities summit in Switzerland predicting copper could reach $12,000 a tonne this year. Kostas Bintas from Mercuria noted the current "tightness" in the copper market due to substantial imports heading to the U.S. in anticipation of tariffs, which some analysts expect sooner than previously anticipated. Ultimately, the future trajectory of the U.S. economy will be heavily influenced by the availability and affordability of copper. Current market trends reveal surging prices driven by robust global demand and constrained supply, a situation that could be further exacerbated by trade barriers. Traders are also anticipating increased industrial demand as major economies like the U.S. and EU upgrade their electricity grids, further supporting the bullish outlook. Aline Carnizelo of Frontier Commodities is among the experts forecasting a $12,000 price target. However, Graeme Train from Trafigura cautioned that the global economy remains "a little fragile," highlighting potential risks to sustained high demand. As the world continues its march towards electrification and technological advancement, copper's role will only intensify. Whether the U.S. navigates this new era with policies that ensure a smooth and cost-effective supply of this essential metal or whether protectionist measures inadvertently hinder progress remains a critical question for the nation's economic future.
COMEX:HG1!Long
by UDIS_View
EUR/USD: ECB and US GDP ExpectationsBy Ion Jauregui –ActivTrades Analyst The EUR/USD is at a time of high expectation, with key European Central Bank (ECB) appearances and the release of quarterly U.S. Gross Domestic Product (GDP) promising to generate significant moves in the financial markets. Today, all eyes are on Christine Lagarde and Luis de Guindos, president and vice-president of the ECB, who will provide details that could reveal the institution's interest rate strategy. Uncertainty over monetary policy in the Eurozone remains a key determinant of EUR/USD performance. The Role of the ECB and Market Expectations The appearance of Lagarde and De Guindos has become one of the most anticipated events of the day. Investors are analyzing every word, looking for clues about possible monetary policy adjustments. Uncertainty about future interest rate moves directly affects the euro, as a more hawkish stance could weaken the currency, while a cautious stance or signs of easing could generate upward momentum. This attention is because the FX market reacts almost immediately to expectations about monetary policy, making EUR/USD a direct reflection of the economic outlook in the region. The Impact of Quarterly GDP in the U.S. On the other hand, in the United States, the quarterly GDP is expected to be published, with a growth projection of 2.3%, in contrast to the 3.1% of the previous period. This data is crucial for the dollar, as a slowdown in economic activity could weaken the US currency. Investors are watching to see if the US economy shows signs of slowing or if growth trends continue, which would have a direct impact on the EUR/USD. A lower than expected figure could translate into a loss of dollar strength, thus boosting the euro in the international market. Technical Analysis The EURUSD has recovered in a bullish push up to $1.09296 per euro on the 18th of this month, the correction was not long in coming and the correction has continued to 1.07614 in today's trading. This has all the feel of support in a bullish momentum given that today's candle is all green, so it is very likely that this sentiment will push the euro back towards its upper end of the range and look to test the $1.09296 price. This theory is supported by the fact that the triple crossover of averages has pushed the 50-average above the 100-average since the impulse and yesterday there was a golden crossover where the value of the 200-average is starting to move into position below the 100-average, signaling to us a possible price expansion. This theory is supported by the fact that the RSI has made a micro support at the 50% average so this corrective sentiment seems to have stopped. If today's price breaks above the 50-average we could see an advance towards $1.10 per euro. If the US GDP data surprises and Europe does not have enough bullish sentiment we could see a return to the current checkpoint (POC) around 1.05327, but this is not expected to happen with a US market on a war footing with Trump's tariffs threatening the economic stability of its companies in exports. Other Financial Environment Variables In addition to the ECB statements and the GDP data, other elements are influencing the macroeconomic environment. Cryptocurrencies, for example, are trading with high volatility; while Bitcoin moves around $87,000 and Ethereum around $2,000, these assets reflect the general uncertainty in the market. Likewise, Brent, coffee and gold also move in a context of caution and uncertainty, factors that affect risk perception and, by extension, EUR/USD. In Asia, the indices show mixed movements. The Nikkei is down 0.9%, the Hang Seng is up 0.7% and the Shanghai Composite is little changed. These indicators reflect the diversity in the performance of international markets, although the main focus is on Wall Street's reaction. Yesterday, US indices ended in the red, with the S&P 500 down 1.1%, Nasdaq down 2% and Dow Jones down 0.3%. These dynamics are contributing to a cautious mood that is seeping into the FX market. EUR/USD Outlook In summary, the EUR/USD is at an inflection point where ECB statements and US macroeconomic data play a crucial role. Investors expect any hints on the future direction of monetary policy in the Eurozone or on the economic health of the US to trigger significant moves in the pair. Attention will be particularly focused on how ECB policymakers communicate, and the market's reaction to the GDP figure, which could reshape the direction of the dollar and, consequently, the euro. Technical analysis reveals that, after a recovery and a crossover of moving averages, the euro is holding up and could move towards $1.10 if it breaks above the 50-mark. However, global volatility and economic tensions warn investors to maintain a flexible and vigilant strategy. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
Long
by ActivTrades
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed lower, facing resistance at the 240-day moving average on the daily chart. With a significant gap between the price and the 5-day moving average, a pullback toward the 5-day MA was anticipated. The index did find support at the 5-day MA, closing with a lower wick. The key question now is whether the current correction wave will fill the gap created on Monday, as it faced resistance at the 240-day line. If you’re looking to buy on dips, it’s best to focus on the gap area as a potential support zone. The MACD remains in a golden cross, and with a noticeable spread from the signal line, the market is likely to stay range-bound unless a bearish crossover occurs. On the 240-minute chart, a bearish crossover (death cross) has formed, suggesting the potential for further downside. However, the price is approaching a strong support zone where buying interest previously emerged. Thus, buying on dips in lower zones may be favorable. In the short term, both the MACD and the signal line remain above the zero line, indicating a possible short-term rebound. Be cautious with chasing short positions and monitor lower time frames. Also, don’t forget: Today’s GDP release may influence market direction. Crude Oil Oil closed higher, reaching $70 on the daily chart. Since the $70–71 range is a major resistance zone, it’s likely the trend may consolidate in this area. The daily MACD is rising sharply, and buying pressure appears strong and one-sided. Despite the resistance at $70–71, if oil gaps up over the weekend, there’s a chance this resistance could be broken by a gap-up move on Monday. Keep an open mind to this possibility, but also be cautious over the weekend (over-the-weekend risk). On the 240-minute chart, the MACD is bouncing off the signal line, with strong renewed buying pressure. However, if oil fails to break higher, a MACD divergence could develop, so avoid chasing longs at elevated levels. Overall, it’s safer to treat the $71 level as the upper boundary of a range, favoring short-term selling strategies. Watch the lower timeframes for signs of trend reversal. Gold Gold ended the day flat within a narrow range, forming a small consolidation box ahead of today’s GDP release and tomorrow’s PCE data. The daily MACD is converging with the signal line, suggesting we are approaching a turning point — either a new leg up or a bearish crossover. Both bullish and bearish scenarios remain open, so it’s important to monitor how the market reacts to upcoming data. If gold fails to push higher, a bearish divergence may form, opening the door to a pullback toward the 5-week MA on the weekly chart. On the 240-minute chart, both MACD and the signal line are hovering near the zero line, indicating sideways movement. Since the signal line remains above zero, the buy side still holds a slight edge, but confirmation via a strong bullish or bearish candle is needed to establish a trend. Any MACD signal triggered at the zero line could lead to a larger directional move, so keep that in mind. Until data is released, continue range-bound trading, and avoid premature long or short positions, as today’s trend may remain undecided. March is coming to an end. Make sure to keep a close eye on today and tomorrow's data releases and aim to close the month with solid results. Wishing you a successful trading day! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!
by Futureguard
151.00 Cracks: Is USD/JPY’s Rally Over? Key Levels AheadFrom a fundamental perspective, the USD/JPY exchange rate retreated from around the 151.00 level. Despite the poor Japanese PMI data on Monday, investors bought the Japanese yen influenced by the hawkish outlook of the Bank of Japan (BoJ). The minutes of the January meeting showed that policymakers tend to tighten policies when appropriate. The BoJ governor also stated that the degree of monetary easing will be adjusted once the 2% inflation target is achieved. Technically, the overnight breakout above the 150.00 psychological mark and the 200 - period Simple Moving Average (SMA) on the 4 - hour chart is a bullish signal. Indicators on the daily chart also support appreciation, and pullbacks may present buying opportunities. If the rate breaks below 150.00, it may accelerate its decline to support levels such as 149.30 - 149.25. Failure to hold these levels indicates that the rebound momentum has been exhausted and the trend may turn bearish. Conversely, if it stabilizes above 151.00, the upward resistance levels are successively 151.30, 151.75 (the 200 - day SMA), and it may even rise to 153.00. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Long
by JohnGonzalez7
Silver Insights: Aggressive Strategies and Bullish SentimentHello, friends! I’m excited to share some observations on Silver. Yesterday, I came across a couple of intriguing portfolios focused on this metal. The first one is an aggressive call spread at $40-$40.25, while the second portfolio is a "butterfly" spread, positioned slightly lower. Both portfolios are designed to capitalize on price movement, but the first one could yield a threefold profit with just a little push in its direction. The second one, however, will require some time and ideally needs to reach around $38 by the end of April. From a technical standpoint, the chart shows a "spring compression", which often leads to the emergence of such portfolios. While I don’t place too much weight on predictive elements, the sentiment remains bullish. Stay tuned, plan your trades and let’s see how this unfolds! Always do your own research but do no hesistate visit us to leverage the comprehensive analysis from our team to enhance your trading advantage! 💪💼
FOREXCOM:XAGUSDLong
by ClashChartsTeam
Buy, hold, and let those sweet returns melt in your portfolio!Guys, we all know the sector rotational for consumer defensive is now rebounded regardless the sector rotation or tariffs noise, agribusiness and sugar remains an essential commodity in our daily life. There are strategies that Wilmar has taken for the past 3 years. We have seen the share price is being strongly supported at SG$3.03. Given the essential nature of sugar, Wilmar’s strategic positioning, strong financials, and resilient consumer demand, this could be an opportune time to buy and hold for long-term gains. 🗝️ Key Investment Considerations: Strong Technical Support – Wilmar’s share price has consistently held above SG$3.03, indicating a solid support level. 📙 Fundamental Strength – The company has a wide economic moat, benefiting from its integrated agribusiness model. 💰 High Insider Ownership – With a 74.7% stake held by major investors, management has significant “skin in the game.” SGX:F34 📌 Investment Call: Buy & Hold (24-36 months) 🎯 Target Price: SG$4.46 💰 Potential Upside: 33% 📈 Dividend Yield: ~5.13% (TTM) Wilmar International (stock symbol: F34.SI) dividend yield (TTM) as of March 27, 2025 : 5.13% Average dividend yield, last 5 years: 4.1% (including 2024) W Chart - crossing above zero line for MACD indicator
SGX:F34Long
by ChenQianYu
EURUSD SHORTin monthly timeframe the price is making a strong rejection a FVG level also a ChoCh level (also march month is at its end ) indicating a strong down trend and in small time frame a lots of dominant break candle stick pattern which is also a good sign of a down trend .+ some of EUR news are coming at 13:30 Pm if the the news goes RED(bearish) than you enter the market + wait for the trendline to Break in 15 minutes timeframe (for confirmation).and Inshallah you will see good results
Short
by MohammedAijaz
ATOM Breaks Falling Trendline – Eyes on $8.80 TargetATOM/USDT has broken out of a long-term falling resistance trendline on the daily chart, signaling a potential bullish reversal. The price is currently testing a key resistance zone around $4.90–$5.20. A strong breakout above this level could open the path toward the $8.80 target, offering solid upside potential. Immediate support lies near $4.40, with stronger support at $4.18. As long as the price holds above these levels, the bias remains bullish, with a favorable risk-reward setup for continuation. Found this analysis helpful? Don’t forget to like, drop a comment, and follow us for more insights. Thanks for the love!
Long
by unichartz
AUD/USD at a Crossroads: The Battle of Breakouts and SupportsTrade frictions remain a headwind in the market. US trade measures have triggered concerns, and the Australian economy, which is dependent on exports to China, may be impacted. Meanwhile, inflation triggered by tariffs conflicts with concerns about a slowdown in the US economy. The Federal Reserve has maintained the interest rate unchanged and adjusted its economic forecasts. The Reserve Bank of Australia (RBA) cut interest rates in February, and future actions will depend on inflation data. Employment positions decreased in February while the unemployment rate remained stable. The upcoming release of the monthly CPI indicator for February is of great concern. The net short - positions of the Australian dollar have increased, and market sentiment is bearish. Technically, if the AUD/USD breaks through key levels, there is upward potential. If the bears dominate, there are multiple support levels. Momentum indicators show mixed performance. AUDUSD sell@0.63500-0.63000 tp:0.62500-0.62000 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Short
by JohnGonzalez7
1
Gold Trend Today - Downward Correction Is Over?🔔🔔 🔔GOLD news: 👉Gold regained some of its luster on Tuesday, driven by concerns over tariffs. The XAU/USD pair climbed to $3,036.04 early in the U.S. trading session as headlines regarding U.S. President Donald Trump's tariff plans weighed on the U.S. Dollar. 👉Reports indicated that Trump intends to implement a two-step approach to his tariff strategy, aiming to establish a more structured legal framework for the president's reciprocal tariff regime. 👉Meanwhile, geopolitical developments emerged, highlighting progress toward a ceasefire between Russia and Ukraine. The news suggested a "maritime ceasefire," effectively reinstating the Black Sea Grain Initiative, which enables Ukraine to export grain and agricultural products to global markets. 👉Earlier in the day, the U.S. reported a significant decline in consumer confidence for March. The CB Index fell to 92.9, below the expected 94.2 and sharply lower than the previous 100.1. Personal analysis: 👉Gold has had a correction in recent days, and the buyers are gradually regaining control after failing to break the 3000 level. Therefore, waiting to buy at a cheaper price is a reasonable choice 👉Analysis based on resistance - support levels and Pivot points combined with EMA to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Sell Gold 3038- 3040 ❌SL: 3044 | ✅TP: 3033 – 3028 – 3023 👉Buy Gold 3005 - 3007 ❌SL: 2999 | ✅TP: 3012 – 3018 – 3025 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Moustafa! NASDAQ 16.03 Warren Buffett would wink to me right now- If you want to know the moves of the market whales, you have to think as you are one of them! then you need to think big! and analyse on the large time frames! - Open the weekly frame then you will notice the biggest rising channel in the history of Nasdaq which started to form on March 2020! then you will find that the index touched already twice its upper and lower line! which validated that channel! inside it you would find other smaller channels! but have a look on when the whales including the great Warren Buffett sold a big portion of his stocks! before it reaches the upper line! for a clear reason! - I believe that chart is showing everything and the people in charge in this world is setting simply reasons to make it happen! any reasons you could imagine! just to make it work out! for example Trump winning or his created agenda of tariffs and the response back from the attacked countries to set other tariffs in return! a trade war! which no one knows when and how it would end! and how will exactly the consequences be in the medium and long term! but why we would not think that the stocks markets were not planned to crash from the early beginning?! nothing is not planned and they know exactly what they are doing! and what they will and how! - You remember me creating an idea since two months and predicted that a huge bearish wave would hit this index and us 30 too and could be the biggest one in that index history! no one believed me! but now only all know that I was right! and Here I am, coming again with an idea for a medium and long term time frames predicting the next move and will tell you why! - I said before that you would find series of red weekly candles and look now, we reached our 4th bearish weekly candles and moreover in a row! and this wave is the 7th fastest bearish waves in Nasdaq history! the 4th candle closed under the moving average 50! imagine that the last week candle closed under the average of the last 50 WEEKS candles! just imagine that! - Just observe with me, that between September 2022 and January 2023, the price formed a double bottom pattern after a very strong bearish trend, was enough to turn the index completely bullish for a complete 2 years till February 2025! but now between December 2024 and February 2025, the index formed exactly the opposite! a double top pattern also on the weekly chart! - In trading, there is a simple rule but not many traders know about it! that every long wick MUST and WILL be filled sooner or later! then have a look on the weekly candle lower long massive wick from the week of carry trade of 05.08.2024! remember that week as we will return back to its low! (the TP2) as the massive pull back happened after its settle on the MA50 exactly, then went up non-stop literally in a huge bullish rally leaving behind a wick could fill the space between the sky and the ground! This wick will be filled in this wave! - Consider please the area I highlighted in yellow in a square! that is an area without any volume and each time recently the price go in that area, would try to return back so fast with a power! that would explain Friday 15.03.2025 massive push up for more than 2% to the upside! as if it would fell down, so no interest from traders in any price that! which means in case it would return back and fall in that area, the index would travel to its end non stop! - The target of the massive double top pattern is 18330 but my TP1 is before that level! as the index did not reach back to test the high of the weekly candle of 20.05.2024 so there a retrace to the upside would happen! but temporarily! but on the weekly! so it could be looking like a big retrace on lower time frames! - Let us say that market could open bullish on Monday then any good news would take place or whatever which would lead to a bullish wave! I would say no chance to go further up more than 20845! and the weekly candle would close under that price, as that the neck line of the massive double top pattern on the weekly chart! - My TP 3 is so critical and the most important support and resistance level, when the index broke that resistance in the week of 15.01.2024 and never tested it back on the weekly chart! so I believe it is the time, that will happen! - My TP4 is the deepest price we could reach to which is at the MA 200 and another top of the week 31.07.2024 which the index did not test too and it was also a strong resistance level! and by reaching there, would mean reaching to the lower line of the rising channel! or I expect it would reach there when the index reaches in same time the lower rising channel line! but I can guarantee the price but can not expect how long time it would take to reach there! -
FX:NAS100Short
by moustafa_marei
2