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Downtrend

Pepsi Co to test 157$ resistance, what's next?Pepsi co had a steady bull run from March of 2020 to May 2023, where the price doubled in a span of three years after testing it's long term support line in March of 2020 at 100$. Since May 2023, the price is in a downtrend and even Trump pump did not help it! Currently price is about to test its short term resistance at 157$. This price coincides with 0.382 fibonacci retracement level. If the price holds there, there might be a chance for Pepsi co to break out of the downtrend and start a bull run. However, if the resistance does not hold and price fall below 150$, we are probably going to test the long term trend line (green line) which has been a support since market crash of 2009. If that happens, then we will be looking at prices around 130$ per share. This price is retracement level of 0.618 of fibonacci level.
NASDAQ:PEPShort
by Mo_reza_kaz
XAU/USD to continue dropping?From both technical and fundamental analysis I believe we should be seeing the beginning of a gold drop. Gold has been nothing but bullish with extreme euphoric movement. Following Donald Trumps win in the American election we can expect the dollar to begin its bullish ascent meaning that its time for the XAU/USD to finally start its descent. from my charts we can see that I predict a slight bullish move from the market open reacting of an 8H Imbalance taking Asian high liquidity from the upside and reacting from another 8H IMB to ultimately continue in its downtrend at least until the daily zone that caused a previous break of structure to the upside.
OANDA:XAUUSDShort
by JamelCapital
DOW30/US30 - SWING TRADE ONLYTeam, with the DOW/US30, we are doing swing trade. With swing trade, we require to leave room for stop loss, so our target is also big as well We prefer to enter SHORT at 43069-43085 STOP loss can be TIGHT at 42115 or SWING STOP LOSS at 43215 Target at 42815-45 then Target at 42410-56 PLEASE NOTE: With the swing trade, we could hold the trade for a few days until the target is reached. If we lucky we can get the target hit within the same day demand on how the market react due to data.
PEPPERSTONE:US30Short
by ActiveTraderRoom
TOTAL Market Cap Faces Rejection at $2TCurrent Market Activity: This morning, the TOTAL market cap was rejected at the $2T level, the top of the range, and has begun retracing, potentially testing the bottom of the range at $1.85T once again. Key Levels: Top of Range: $2T (Rejected) Bottom of Range: $1.85T (Potential test) Previous High: $2.25T (Late August) Bearish Signals: TOTAL has not created a higher high since reaching $2.25T, suggesting that the higher timeframe trend remains to the downside. A break below $1.85T could lead to a retest of the $1.7T level, which was last tested in early August. Market Outlook: Watch for a decisive move at $1.85T for clues on the next direction. #CryptoMarketCap #TOTAL #MarketAnalysis #SupportAndResistance #Downtrend #Bearish #Crypto #PriceAction #TechnicalAnalysis
CRYPTOCAP:TOTALShort
by Richtv_official