Chartpattren
🧑🎓 XAU/USD ANALYSE 📈 I UPDATED MORE READ THE CAPTION?By world 🌍 Forex’ Traders Hello 👋 traders
"Gold Market Analysis 💡
4H Time Frame Chart 📊
_Bearish Signal 🚨_
We're seeing a potential short opportunity in the gold market, with a current price of $2378. Our target is $2287, which is a key support level. A breakdown below this level could lead to a significant price drop 💸.
_Analysis 🤔_
The 4H time frame chart shows a bearish trend, with a series of lower highs and lower lows. The Relative Strength Index (RSI) is also indicating a bearish signal, with a reading of . The Moving Averages are aligned, providing additional confirmation for a short position 📈.
_Trade Strategy 💰_
Sell: $2378 (short)
Target: $2287 (next support level)
Stop Loss: $2420 (bearish warning) ⚠️
Note: This analysis is based on a 4H time frame chart and is subject to market changes and fluctuations. Always use proper risk management techniques and consult with a financial advisor if necessary.
Follow me for more market insights and analysis! #goldmarket #forex #tradingview 💼"
GOLD 3 H TIME FRAM Full ? UPDATE READ THE CAPTION)⤵⤵🙏Hy traders Gold pair price All time high Bullish I want to agent Gold Bull 🐂 Gold pair price test New Ath 2340 NFP Gold pair price test 2280 agent Gold pullback bullish patterns testing 2329.
T echnical analysis update 3H time frame.
Analysis update 3H time frame update above avrege levels all target done ✅💯
2174 Berak above average 2188 + 2208 DONE ✅
2204 Break above avrege 2230+2250 DONE ✅
2250 Break above avrege 2263 +2290 DONE ✅
2290 Break above avrege 2300
+ 2324 DONE ✅
All above avrege levels successful 😄 closing trade have you good weekend 🎉
We are fulfilling the bullish "Megaphone Pattern"! $85,000 soon?We have been building a bullish megaphone formation for over 3 years now and looking at the 1T timeline, we are getting closer to breaking it.
What is Megaphone Pattern
This formation consists of 5 swings, i.e. at least two higher highs and two lower lows. It is relatively rare compared to other triangles or flags. Typically, this pattern is visible when the market is at a top or bottom. The longer the time frame, the better, the pattern will work, also considering that it is on a weekly chart and currently lasts about 1190 days, increases its probability.
Currently, the most important resistance that we need to stay above is the previous peak of the bull market, i.e. $69,275. If we break this level and stay above it, the next stop should be around $86,000-$90,000, depending on how quickly we get there. The faster you go, the lower this level will be. After the breakout, we should retest the upper wall of the formation, which would confirm another upward swing around $100,000. I would like to emphasize that this is only a formation from technical analysis, which is not 100% effective like any other and there is no guarantee of breaking the upper wall of the formation. Although looking fundamentally in the coming weeks in which we are now (cyclicality, inflows from ETFs, we are after halving, soon ETF on ETH and presidential elections in the USA), I think that the probability of coming out on top is certainly higher than lower 📈
Have a nice day 😉
April 22, Weekly Outlook: Navigating DXY and GBPUSD this WeekIn this video, I'll deliver a thorough analysis of the DXY and GBPUSD, providing insights into what to expect throughout this week's trading. We'll delve into the seasonal changes dictated by the quarters of the year, particularly significant as we transition into a new quarter. It's crucial to adjust your trading approach and expectations accordingly. Currently, we're witnessing a sell program with anticipated heavy volatility to the downside.
Stay tuned for this week's updates.
Kind Regards,
The_Architect
VEDANTA cmp 257, target of 300 ++ in 10-15 trading sessionsVedanta Ltd is a diversified natural resource group engaged in exploring, extracting and processing minerals and oil & gas. The group engages in the exploration, production and sale of zinc, lead, silver, copper, aluminium, iron ore and oil & gas. It has presence across India, South Africa, Namibia, Ireland, Liberia & UAE.
Its other businesses includes commercial power generation, steel manufacturing & port operations in India and manufacturing of glass substrate in South Korea and Taiwan. Vedanta is the market leader in production of Nickel in India. Below are the revenue-mix details of various businesses:
1. Zinc, Lead & Silver (25% of revenues)
It runs its Indian Zinc operations through its subsidiary, Hindustan Zinc Ltd (HZL) in which it owns ~65% stake. HZL is the largest primary zinc producer in India, with an expected 80% market share in 2022.One of the most notable achievements has been the successful commissioning of a 3000 KLD Zero Liquid discharge (RO-ZLD) plant at the Zinc Smelter Debari
2. Oil & Gas (9% of revenues)
The Co. is India’s largest private sector crude oil producer. It accounts for ~25% of the total crude oil production of India.
3. Aluminium Business (39% of revenues)
Vedanta has the largest aluminium installed capacity in India at 2.3 mtpa. It has a 47% market share in India among primary aluminium producers. Mines - Via BALCO, the company has 2 bauxite mines with capacity of ~2 MnTPA of bauxite and a coal mine to capacity of 1 MnTPA.
4. Power Segment (4% of revenues)
Its flagship power project Talwandi Sabo Power Ltd (TSPL) is located in Punjab. The company has 25 years of long-term power purchase agreement with Punjab State Electricity board
5. Iron Ore Segment (5% of revenues)
Vedanta is one of the largest merchant iron-ore miners in India.
6. Copper Business (12% of revenues)
This includes refinery and rod plant Silvassa consisting of a 133,000 MT of blister/secondary material processing plant, a 216,000 tpa copper refinery plant and a copper rod mill with an installed capacity of 258,000 tpa. Its international copper operations include a copper mine in Tasmania, Australia which remains under care and maintenance. It is evaluating various operations to restart mining operations.
7. Other Businesses (6% of revenues)
The Co. is also engaged in the business of steel manufacturing and port operations in India and manufacturing of glass substrate in South Korea and Taiwan.
Upcoming Growth & Projects:
Vedanta has a strong pipeline of growth projects and is incorporating future enabling businesses in its portfolio. In the Oil & Gas segment, the Co. intends to undertake new growth capex projects worth $687mn. In the Aluminium segment, it intends to incur a $1.4 bn growth capex over 2 years. This includes aluminium capacity expansion to 3 MTPA by Q3 FY24, Alumina capacity expansion to 6 MTPA by FY24 & 100% operationalization of 3 coal mines in a phased manner by Q3 FY24.
The company is focused on community development and achieving a greener business model. Vedanta achieved a 5-point improvement in the S&P Global Corporate Sustainability Assessment Index.
Current Performance and News:
Vedanta reported strong financial results for Q2 FY '24, with highest ever second quarter consolidated revenue, EBITDA, and PAT. Operational performance was strong across all businesses, with healthy production and cost control. The aluminium sector delivered one of its best quarters in terms of production and operational efficiency. Hindustan Zinc remained in the first decile of the cost curve globally, with further cost reductions. The oil and gas business delivered stable production and reduced operating expenses through optimization. The iron ore business saw higher sales and margin expansion.
The company received a favourable arbitration award in its oil and gas business, resulting in a positive impact on revenue and EBITDA. The INR4,600 crores gained from the arbitration award will be realized in cash over the next few quarters. Vedanta Limited has upcoming debt maturities of around $1 billion in the next two quarters, but the company feels comfortable in managing refinancing or repayment. Vedanta Limited's Board has approved the proposal to demerge the business into six independent listed entities.
Key Ratios:
Market Cap - ₹ 95,606 Cr
ROCE - 21.2 %
ROE - 20.4 %
Dividend Yield - 39.2 %
Debt to equity - 2.38
Stock P/E - 19.3
Industry PE - 17.5
Conclusion:
Technically, the strong price pattern at the bottom and then there is a trendline and price pattern breakout with huge volumes and there is change in price structure from lower highs lower lows to higher highs and higher lows. This itself gives strong conviction to buy at current levels and add more on dips if it comes. Vedanta is the market leader in the commodities segment and looking at the current market scenarios where metal, oil & gas and power sector are doing well due to various macro-environment factors and the company's improvement in profit and profit margins, various growth prospects, debt repayment being taken cared of and demerger benefits, the stock at current market price of 257 is a strong value buy for a minimum target of 300 in 10-15 trading sessions, which gives return of 16% in just 2 weeks .
GOLD 3 H TIME FRAM Full ? UPDATE READ THE CAPTION)Hello traders what do you think about Gold)
Gold pair price All time high Bullish Gold pair price 3H time frame break level of 2270 test 2280+ I think 💭 Gold pair price 2280+ 2290 of break out Next Movie possible 2300+ 2324 Gold pair price technical analysis update 3H Chart
Technical analysis update berak above avrege levels📉📈📊👍
✅ 2124 berak above avrege 2188+ 2208 Done ✅
2208 berak above avrege 2230+ 2250 Done ✅
2250 berak above avrege 2263+2280 Done
2290 break above avrege 2300+
2324 / looking a new Ath
^
Gold Buy. 2270
TP 2280
TP ^. 2290
SL @ 2265
G old sell 2300
TP ^ 2290
TP ^ 2280
SL @ 2305
Follow risk management
Don't forget like this analysis
EUR USD 3 H TIME FRAM Full ? UPDATE READ THE CAPTION)Hello traders what do you think about EUR USD)
EUR USD Technical Analysis 3H time frame update
Eurusd break level of big support levels 1.07237 pullback bullish patterns updates 3H time frame break level more above avrege levels
Technical analysis update 3H time frame update above avrege levels 📉📈📊
1.7699 Break above avrege 1.08097 Done ✅
1.08111 Berak above avrege 1.08559 looking now
1.08567 Berak above avrege 1.9330 looking now
EUR USD Buy 1.7667
TP ^ 1.08056
TP ^. 1.08567
SL @. 1.07237
Follow risk management
Don't forget like this analysis
📈UNI Spot Buying Entry Analysis🛒🔍Today, let's analyze UniSwap (UNI) focusing on the daily timeframe for spot trading, aiming to identify optimal entry points for buying.
📈After a sharp upward movement towards resistance at $15.402, UNI initiated a correction, extending to the 0.5 Fibonacci level, where price reacted twice.
✨A closer examination reveals a descending triangle formation approaching its apex. Upon breaking the triangle's support line, a short position opportunity may arise. However, caution is warranted as breaking the support enters the golden Fibonacci ratio zone, likely prompting significant reactions.
🛒For spot buying, patience is key, waiting for the trend to break and confirm above $12.964, which would serve as a consolidation trigger for a logical spot purchase.
🐢For those seeking more certainty, waiting for price confirmation above $15.402 before entering a buy position is advisable.
A concern arises from declining volume, indicating diminishing interest in UNI. Healthy volume is crucial for sustained price movement, whether upward or downward.
✅As for targets, considering the area around $22.718 could be prudent. Upon reaching this level, decisions regarding profit-taking or holding can be made based on price reaction.
📝Overall, UNI presents potential entry opportunities for spot buying, contingent upon price confirmations and volume considerations. Vigilance and strategic decision-making are essential in navigating UNI's current chart dynamics.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
#NIFTY Intraday Support and Resistance Levels -02/04/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22500 level and then possible upside rally up to 22620 level in today's session. in case nifty trades below 22440 level then the downside target can go up to the 22320 level.
Next Gold Target 2090 or 2350? Check Analysis📣Hello Mates!
We have seen that gold is continuously bullish and its momentum is not going down, so now we think that gold has gone as high as it was supposed to go, maybe it can go up a little more to 2280 or 2300.
May then continue to go down and meet our targets of 2150 and 2090.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 2266.00
📉 And our support levels are set at:
- 2150.00
- 2090.00
Stay tuned for further updates and trade smartly! 📊
The dollar index is in the crossroad of rising or fallingThe dollar index has once again hit the resistance of the downward trend line. It looks like the dollar index is forming a double top pattern. It is expected that the index will experience a fall from the range of 105.00
Breaking this range to the top will be an ominous sign for asset risk, and we should also wait for more currencies to fall against the dollar.
AAVE - USDT Update 29/03/2024G-Money's short version analysis based purely on technical analysis only, no nonsense "BS":
AAVE/USDT - low volume pair,
Stop Loss (SL): @ 107.11 USDT
Entry Point: @ 117.40 USDT
Take Profit (TP): @ 138.51 USDT
PS: ( 1 ) Remember: recommended re-enter area is between Stop Loss (ST) & Entry Point.
( 2 ) If price went half way between Entry Point & Take Profit (TP), be patient please & wait for price retracement to ( 1 )- EP-SL area or for the next new set up ;)
GBP USD Technical wedge pattern analysis) 💱📉📈📊Hello traders what do you think about GBPUSD) 📉📈📊
GBPUSD√ wedge pattern test supply zone pullback Berish testing diamond zone
Gbpusd Long 1.26347
TP 1/ 1.27330
Short Berish.127330
TP 1.25847
Follow risk management
Safe trade don't forget like this analysis 💝
( Gold pair price test diamond zone 2148) more Read caption 📌Hello traders what do you think Gold pair) OANDA:XAUUSD
Gold pair technical and fundamental analysis 📊📉📈
Gold pair price list week well bullish 2195 breakdown pullback Berish diamond zone2168) pullback bullish patterns closing 2179 I thank God price test supply zone 2195 pullback Berish testing diamond zone 2148) OANDA:XAUUSD
Safe trade 🙏❤ don't forget like and comments
Avax Up to 27 % Or Dump to 16% !?Diamond Pattern Analysis
After breaking the upward trendline, a downward movement can be expected. The first target is $44 and the second target is $35.
If the downward trendline breaks, an upward movement towards higher numbers can be expected. The first target is $69 and the second target is $81.
It is crucial to set a stop-loss because this pattern doesn't always work accurately.
Remember, this is solely an analysis, and your profit and loss are your own responsibility.
#OIL Price at profit taking placeHello everyone,
I'm thrilled to share my 101st analysis here, marking a significant milestone in my journey. While there were certainly some analyses that didn't pan out as expected, I believe the ones with better results outweighed them in total. I'd like to express my gratitude to those who supported the ideas, left comments, or liked the analyses. Your engagement motivates me to continue improving the quality of my work.
Now, let's delve into the analysis of the Oil price, as it has reached a crucial price level where profit-taking activity may occur, potentially leading the price lower.
As shown in the chart, not only has the price reached a bearish trendline that previously held it at lower levels, but we are also currently at the one-to-one price target projection of an inverted head and shoulders pattern , a level where many pattern traders would consider taking profits.
It's worth to note that as soon as the price reached this area, it encountered some bearish pressure and failed to sustain its bullish momentum.
At present, based on my strategy, I don't have any bearish signals or triggers. However, with a bit more patience, I believe a good opportunity may present itself soon.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
#USDCAD rising wedge pattern breakoutIn case of bearish breakout of a rising wedge pattern base on technical analysis text book, we could expect more bearish move in price.
Also we can see in the last bullish move price formed a bearish divergence.
Also price managed to shift market structure to bearish in lower timeframe which add to the possibility of bearish move.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.