EURGBP SELL | Day Trading Analysis Hello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURGBP
I still did my best and this is the most likely count for me at the moment.
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Patience is the If You Have Any Question, Feel Free To Ask 🤗
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NZDUSD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity NZDUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
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AUDCAD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity AUDCAD
I still did my best and this is the most likely count for me at the moment.
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NZDCAD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity NZDCAD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
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Bitcoin analysis in the next hoursIn the next few hours, the market is in a phase of uncertainty that could lead to a period of ranging, which is when prices fluctuate within a specific range without following a clear trend. This scenario is quite common on weekend days, when trading volumes tend to be lower due to the closure of many financial institutions. However, it is important to note that during these periods, the market may react unpredictably, especially if "whales", i.e. large investors or traders, decide to take action.
There is an expectation that significant movements could occur on Sunday, just before the markets open. But as traders, we must remain cautious and wait for clear signals before making decisions. One of these signals could be the breaking of an upper resistance. If prices manage to overcome this level, it could be an indicator to consider long positions, i.e. aim for prices to rise.
On the other hand, if we see a high volume move down towards the previous lows, we may start to consider bringing attention to possible short position openings. However, it is important to emphasize that we should be patient and wait for further confirmation before taking action.
A key element to consider is the New York markets opening on Mondays. Often, this trading session can lead to significant movements in prices and volumes. The direction in which the weekly candle closes could have a significant impact on trading decisions and the overall direction of the market.
XVG/USDT - Market Alert! 🐻📈 **Recent Highs, Possible Lows**: XVG/USDT is currently at a peak, but signs indicate a potential bearish trend ahead. 📉
💰 **Trade Cautiously**: If you decide to trade, consider using only 3-4% of your funds. Choose between spot or futures based on your preference.
🚀 **Bitxer's Insight**: We're sharing Bitxer's experience with you. Enjoy this free signal, and make informed trading decisions!
Remember to exercise caution and conduct your analysis before trading. Good luck! 📊🧐
📉 COMP/USDT Signal Alert: Balancing Act! 📈Critical Levels to Watch:
🚀 Breakout Point: $50.14
🔥 Bullish Targets: $54.58 and $57.22
🐻 Bearish Zone: Below $46.47, with potential drops to $37.35 or $36.27
👁️🗨️ Analysis: COMP/USDT is at a pivotal juncture. Keep your eyes peeled for these key levels:
🟢 Bullish: If it breaks $50.14 and holds a 15-minute candle above this level, we're aiming for the skies!
🔴 Bearish: On the flip side, a drop below $46.47 could send us on a downward journey.
📢 Trade Strategy: Patience is key! Set your alarms at $50.14 and $46.47. Once triggered, make your move. Enjoy the ride!
Bitxer's insights are your guide to navigating the crypto seas. 🌊📊
🚀 *Bitxer Signal Alert ID# 284-5*🚀 *Bitxer Signal Alert ID# 284-5
📈 *Trade Direction:* Long ⬆️
📈 *Entry Point:* NOW
📈 NEOUSDT Alert: Bullish Vibes! 🚀
NEOUSDT is once again dancing around the $7.14 support level, a zone known for catapulting prices higher. 🌱
Historical data reveals a recurring pattern:
🎯 First Target: $8.12
🎯 Second Target: $8.30
🎯 Third Target: $8.50
This trend has proven reliable time and time again. Whether you prefer futures or spot trading, Bitxer offers insights drawn from a wealth of experience. 📊
Don't miss out on this complimentary signal! Join us in capitalizing on the potential gains. 🙌🚀
The VIX: A Measure of Market FearThe VIX, or Volatility Index, is a measure of the expected volatility of the S&P 500 index over the next 30 days. It is calculated using the prices of options on the S&P 500 index. A higher VIX indicates that market participants are expecting more volatility in the future, while a lower VIX indicates that they are expecting less volatility.
The VIX is an important tool for investors because it can help them understand how risky the stock market is. A high VIX indicates that the market is expected to be volatile, which means that there is a greater chance of large price swings. This can make investing more risky, but it can also create opportunities for profit.
The VIX is also correlated with the S&P 500 index. This means that the VIX tends to move in the opposite direction of the S&P 500. When the S&P 500 falls, the VIX tends to rise, and when the S&P 500 rises, the VIX tends to fall. This correlation is not perfect, but it is strong enough to be useful for investors.
The VIX can be used in a variety of ways by investors. Some investors use the VIX to assess the risk of their portfolios. Others use the VIX to trade volatility, either by buying or selling VIX futures contracts. Still others use the VIX to hedge against risk in other assets.
The VIX is a complex and volatile asset, but it can be a valuable tool for investors who understand how to use it.
Here are some additional things to keep in mind about the VIX:
The VIX is not a direct measure of the volatility of the stock market. It is a measure of the expected volatility, which means that it is based on the opinions of market participants.
The VIX can be affected by a variety of factors, including economic news, political events, and natural disasters.
The VIX is not always accurate. It can sometimes overshoot or undershoot the actual volatility of the stock market.
Despite its limitations, the VIX is a valuable tool for investors. It can help investors understand the risk of the stock market and make informed investment decisions.
I hope this post is helpful.
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content found on this profile before making any decisions based on such information.
Only a few days left before rocket! Latecomers are not welcom 🙅LTC coin continues its slow upward movement for past 7 months, while most of crypto market is in a bear market.
The main reason for growth of this coin is next halving, which will happen in about 2 months.
Check out BINANCE:LTCUSDT chart, which shows almost the entire trading history for this coin.
As you can see, the price of LTC started to rise a few months before the halving:
1. Halving 2015.
The price started rising 126 days before the halving. Moreover, the price grew for 77 days and then went to correction for 49 days. After that, there was a halving.
2. Halving 2019.
The price started rising 238 days before the halving. Moreover, the price grew for 189 days and then went to correction for 49 days. After that, there was a halving.
3. Halving 2023.
The price started rising 280 days before the halving. The rest of the data is still unknown.
With the naked eye, there is a clear trend that the price is rising before the halving.
However, this year the price of the coin is in no hurry to grow, and there is not much time left!
Even more interesting is that each cycle of the beginning of growth before the halving comes later.
But what remains unchanged in history is that the beginning of the growth correction comes 49 days before the halving.
Also note that pre-halving growth is historically over 500%!
Ticker: $LTC/USDT
Buy market order: 92,5$
Goals: 105$, 132$ , 180$
Growth potential: up to 200% by the end of the year.
Write in the comments on what other assets you want to get an analysis 🔍
If you are interested in receiving promising ideas on market, dont forget subscribe to channel! In profile you will find a lot of interesting things.
Why do most traders end up losing moneyThis question is quite scary, but if you are a novice and see this question, congratulations, you are on the right path of trading.
The most important lesson to learn before entering the financial markets is risk expectation.
You can ask yourself, how much money do you want to make from trading? Is your goal asset appreciation, or a small fortune?
If a trade loses money, will it affect your own life?
Is your own character able to stop losses in time, or do you have no self-control?
After asking these questions, we decide whether to enter the financial market.
So why do the vast majority of traders lose money?
1. Because of the particularity of the financial market.
I believe that many friends have heard of the 28 rule. For example, in the distribution of wealth in our society, 20% of people control 80% of social wealth; 20% of people will persist in encountering difficulties, and 80% of people will give up when encountering difficulties.
The rule of 28 is ubiquitous in life, and it also determines what kind of people will succeed and what kind of people will fail.
As for the financial market, it is crueler than real life, because there are no rules in this market, only human nature, so the financial market even surpasses the rule of 28, and less than 10% of people may make profits. In the face of money, most people want to make a big fortune with a small amount, and want to turn around by trading, so those who have stable personalities, strong self-control, low income expectations, and money in their hands are silently harvesting these people who are eager for quick success.
Some people may say that the world is inherently unfair, and those who hold funds can only survive because of the capital.
Actually no. We Xiaosan hold small funds, and we can achieve low return expectations, or we can do it slowly, but how many people are just anxious to make money? Just want to make a big difference with a small one? Just don’t regard money as money, and think it’s a big deal to take a gamble, and if it’s gone, it’s gone?
So it has nothing to do with the amount of capital, but has something to do with people. In financial markets, human nature is the rule.
2. Too many people are dominated by human nature.
As I said before, there are no rules in the financial market, and human nature is the rule.
Trading is a very anti-human thing. Human nature is greedy for comfort, averse to risk, afraid of losing, feeling that one's level is higher than others, hating giving and learning, impatient, etc., which will be infinitely magnified in trading.
There is a saying in the trading industry that trading can be profitable, mentality accounts for 70%, and technology accounts for 30%. In actual combat, it seems that it is not difficult for traders to see the market correctly, but it is very difficult to complete this wave of market and make profits. Why?
I give two examples.
For example, the problem of stop loss in trading.
Seeking advantages and avoiding disadvantages is a characteristic of human nature, unwillingness to lose, unwilling to accept losses, this is human self-protection awareness. Stopping losses in the wrong direction means losing our real money, who can bear it? So in actual combat, many people rationally know that the direction is wrong, but they just don't stop losses, and even increase their positions against the trend, floating orders, allowing the stop loss to become bigger and bigger, and finally lead to serious losses.
Another example is the profitable position in the transaction.
The market trend always fluctuates upwards, or fluctuates downwards, and profit taking in positions is often encountered. Once profits are withdrawn, we will have a sense of insecurity in our hearts, worrying about the reversal of the market and losing profits. This insecurity is also due to human nature.
Even if we rationally know that the profit target has not yet been reached, we should continue to hold positions, but the little emotion of longing for peace of mind has been tormenting us, and in the end we couldn't help but close the position, and made a lot of less money. We comfort ourselves that it is all right, at least there is no loss. But in fact, less earning = loss, because the amount you lose next time will be greater than the money you earn. In the long run, your overall loss will be.
There are many such examples, such as betting on the market, heavy trading, unwillingness to admit defeat, stop loss leading to liquidation, etc., are all caused by the aversion to loss in human nature and the fear of failure.
In fact, if we look at the trading market 100 years ago, it is basically the same as the current human nature problem. The weakness of human nature is very strong, and it is also the main reason why traders lose money.
So at the beginning, I asked everyone to ask themselves those questions, just to let everyone understand their own personality, their current situation, and their human nature, so as to help you win certain opportunities in the trading market.
Trading is like a free game. It seems that the threshold is low and no money is required, but in fact some hidden costs are contained in it, and the human nature is clearly played for you. Therefore, before making a transaction, you must have an existing risk expectation, and then think about making money.
GANESH BENZOPLAST GANESH BENZOPLAST
Stock with 70%+ returns last year
Near it's ATH
Pattern observed : Ascending channel on weekly chart (Perfect pattern)
Seems to be a buy above 180 as it breaks the channel on weekly chart
Target : Around 230
Also :
Observed RSI Divergence on 1D chart so can go for short if fails to break the resistance
Target : 145-140
--But Adding small quantities for short will add more if Breakout fails .. or vice-versa !!
Note : Just an idea no personal recommendation to buy or sell with me #Be wise #Ideasshare
How to achieve quick profits through short-term trading?Many friends enjoy short-term trading, mostly due to the short holding time, quick results, and the thrill of the process. However, short-term trading is the most challenging among all trading methods and requires careful consideration.
Today, I will share my early experience of short-term trading with you. Specific methods and strategies will be provided in the later part of this article, which are closely related to practical applications and, I believe, will be helpful for you.
The article is quite lengthy. If you find it helpful, please give it a thumbs-up at the end of the article. Thank you.
Advantages and disadvantages of short-term trading
Short-term trading does not have a strict definition standard. When the market moves quickly, positions can be closed within a day, but if the market moves slowly, it may take two or three days to close the position, all of which belong to short-term trading.
On charts, I usually consider trades at the 5-minute, 15-minute, and even 1-hour level as short-term trades.
The advantages of short-term trading are:
(1) Short holding time and quick results. People are naturally curious about the unknown and want to know the results quickly. Short-term trading fits human nature, making it easier to control emotions.
(2) High trading frequency, providing a thrilling experience. Many traders are restless and want to trade multiple times a day, short-term trading meets this human need.
(3) The decay cycle of the short-term trading system is short, and the distribution of trading results is more evenly distributed, making it easier to execute. Sometimes, even with a losing streak of 5 times, the long-term trading strategy may take over a month to recover, while the short-term trading strategy may only take two or three days. Thus, short-term trading is less torturous to human psychology during a losing streak.
Disadvantages of short-term trading:
(1) High trading frequency requires more time and energy and is not suitable for part-time traders.
(2) Frequent trading generates high trading costs. Therefore, short-term traders need to pay attention to their commission fees. I have seen many futures traders who have had their accounts charged two or three times, or even ten times, the commission fees. How can they make a profit like this?
(3) Requires higher professionalism and attention to trading details. Short-term trading is more sensitive to changes in the market. Sometimes, when the market changes, you don't have much time to think and must act decisively. People with more procrastinating personalities are not suitable for short-term trading. Additionally, the margin of error for short-term trading is relatively low. Long-term trades do not require very precise entry points, and being off by 5 or 10 points does not have a significant impact on the overall trade. However, in short-term trading, being off by 5 or 10 points can be the difference between profit and loss.
Therefore, short-term trading is a delicate operation, and all trading details must be clear and easy to execute. Short-term traders also need to possess qualities such as attention to detail, boldness, calmness, and decisiveness.
So, how can you quickly profit from short-term trading? Next, I will share two strategies.
2.Plan One: Choosing Volatile Markets with Large Amplitude for Short-term Trading
As a short-term trader, we only need to capture a small segment of market volatility, and it doesn't have to be the overall trend, as long as the market volatility is fast and the amplitude is large.
The faster the market volatility and the larger the amplitude, the easier it is to make profits. For the same 100-point profit, it may take only one day to achieve it when the volatility is fast and the amplitude is large, while it may take several days to achieve it when the volatility is slow and the amplitude is small, resulting in a much lower trading efficiency and different challenges to our mentality.
Therefore, the amplitude of the product is the key to making profits in short-term trading. We need to selectively engage in short-term trading and not try to swallow all profits. There are two specific strategies to consider.
Strategy One: Directly select high amplitude products for short-term trading.
Different products have their own characteristics when operating in the market. Some products have fast volatility and large amplitude, while others have slow volatility and small amplitude. Before engaging in short-term trading, we must select the most suitable products.
For example, in the same breakout trading opportunity, products with high volatility and larger amplitude can achieve greater profits more quickly.
As traders, we all understand that the faster we can lock in profits, the more confident we feel. Therefore, selecting the right products makes short-term trading easier.
Moreover, if you choose a slow-moving product, your holding time will be longer, and your position may be occupied, which will reduce the utilization rate of your funds and affect the final profit. Short-term trading is about paying attention to details and maintaining a strong mindset, as even the smallest details can determine your success or failure. Therefore, do not be careless.
FXOPEN:XAUUSD FOREXCOM:EURUSD
Three support levels and three types of rhythms for gold.
On the night of the February non-farm payroll report, gold plummeted with a large volume decline, but on the night of the March non-farm payroll report, it saw the opposite, with gold continuing to rise significantly with a large volume increase.
Entering March, gold maintained its overall sweeping upward momentum. However, last week, due to news on Tuesday, the price dropped sharply, experiencing an unexpected dip. After the dip, it bounced back, relying on the 1810 level to reclaim 1830, and then continued to push up above 1830, breaking through the high point of 1858 and rising further. Today, the price continued to rise and found its way to the 1894 area. With such a market situation, the focus is on defending the high and low points and its sustainability. This also verifies the range of 1890-1900 that I mentioned last week, which only came faster than expected, resulting in a gap around 1870 that needs our attention.
From the trend perspective, gold relied on the four-hour lifeline to find its position on the four-hour trend line, as well as the point of the upward gap, which is also a back-tested support area at the 1872 level.
Therefore, for gold in the future, we should pay attention to three support areas and look at three different market rhythms.
Firstly, there is a strong upward trend with the four-hour purple trend line serving as a support at the early low point of 1872. The price holds onto the support and continues to climb, searching for resistance levels at 1890 and 1894, and seeking to break through the high point to find the next resistance range of 1907-1908.
Secondly, there is a sweeping upward trend with the top and bottom conversion position at the 1858-1856 range, which is also the support point area determined by the last pullback in the closing moments of Friday. It is used as a basis to observe a relatively strong sweeping upward trend.
Thirdly, there is an extremely sweeping and volatile upward trend with multiple supports stacked at the 1836-1833 range. This is quite awkward as the final result is still a rise, but it requires a dip before it can stand up. This is also the starting point of the rise after the non-farm data was announced, serving as the current long defense area.
By clearly understanding the meaning of the corresponding positions, in the subsequent market situation, holding onto the support and maintaining the corresponding rhythm is essential.
Currently, the price is primarily focusing on the first scenario, using the low point and the four-hour purple trend line at 1872 as support, with the idea of continuing to climb. Based on this strategy, a long position at 1874-1872 is recommended. The price has just pulled back to the entry point, and the long position should be held while observing the resistance level above.
OANDA:XAUUSD COMEX:GC1!
I will provide specific trading strategies during the trading session. It is recommended to subscribe for updates and pay attention. The recent market volatility has been significant, ↓↓↓with opportunities and risks coexisting. Managing risk is crucial to achieving returns.
How to resolve being trapped in gold position.
Given that no matter what market conditions may be, there will always be friends who find themselves trapped in a position, here are several methods for unlocking these positions:
Long-term unlocking: If an investor has a clear view of the big trend (such as a bullish market), and their position is trapped in a small trend (a dip in the market), they can first stop the loss and close out the position. Then, they can enter the market again at a lower price to earn the price difference and obtain the profit from the big trend while reducing the risk of being liquidated by the small trend.
Short-term unlocking: If the investor's judgment of the market is completely wrong, they should close out the position promptly to avoid suffering greater losses from the continuing one-sided trend. The longer a short-term investor holds a position in a one-sided market, the greater the loss.
Light position unlocking (also suitable for large fund investors): It means adding more long positions as the market falls, using idle funds to lower the average cost, and waiting for the price to rebound. The advantage is that as long as the operation is correct, unlocking is possible as soon as there is a rebound, regardless of how deeply the position is trapped.
Swing unlocking: This method is suitable for being trapped in various market stages, especially in volatile markets. It relies on the fluctuation of stock prices to unlock the position by using the price difference between high and low prices. The idea is to buy low and sell high, gradually reduce the cost, and minimize losses. The advantage is that the operation techniques are diverse and flexible, and can be adapted to different situations. If operated correctly, the unlocking speed is fast. The disadvantage is that it requires a high demand for personal time, energy, and skills, and frequent operations have a certain cost pressure. It requires professional guidance from those who have time, energy, and technical knowledge.
Tips for trading gold:
1.Entry point: The entry point is crucial. Although gold and crude oil trading involve two modes, long and short, there are actually four modes: low long, low short, high long, and high short. In a one-sided trend, all four modes are feasible. However, in a volatile market, it is essential to avoid low short and high long positions. These positions are akin to chasing rising and falling markets, which often leads to losses.
2.Stop loss: Before placing a trade, determine the stop loss price and ensure it is reasonable. Immediately input the stop loss price after placing the order. The purpose of stop loss is to limit losses. Only by limiting small losses can you preserve your capital. Sometimes you need to let go to gain something. Do not assume that if you lose this time, you cannot earn it back. Manage investment risks carefully.
3.Position sizing: How you allocate your funds affects your ability to tolerate risks. Oversized positions or full positions can lead to increased losses and psychological pressure. Often, you cannot analyze market trends carefully, which can result in mistakes.
4.Take profit: Many traders struggle to take profit, causing profitable trades to turn into losses. In a one-sided trend, the push stop-loss method can be used to increase profit margins. Taking profit requires personal consideration of exit points. Not every trade needs to yield thousands or millions of dollars. Sometimes, in a volatile market, a profit of a few hundred dollars can accumulate over time.
5.Mindset: This is the most critical point and one that every investor must master. When you enter the market, it is undeniable that everyone is here to make money. However, your mindset determines how far you will go on the investment journey. The goal is to prefer small gains over losses, not to think about making more or less profit.
Opportunities require us to seek them out ourselves. The moment you read this article, you have already been given an opportunity. Everyone in life experiences setbacks and failures, but the difference lies in our mindset when faced with adversity. Some people always regard setbacks as failures, which can undermine the courage to succeed. In investing, the key is to be on the right path and have the right direction. "A calm sea never made a skilled sailor," and there is no stable market environment. The purpose of investing is to make money! A clear mind is more important than a clever mind in this market. A good habit is more practical than a skilled technique. Perseverance is long-lasting, and authenticity is eternal. This is true of anything we do. I hope my article can bring you benefits and smooth sailing on your investment journey. May my investment experience benefit investors, and with you and me, an ordinary person plus an ordinary person, may we have an extraordinary investment experience and insights. Be meticulous in life and ordinary in your work. May your investment journey be smooth sailing.
If my article is helpful to you, please remember to like it. If you have other questions during your operations, you can follow my homepage↓↓↓ to conveniently get the information in the first time.
FXOPEN:XAUUSD TVC:GOLD COMEX:GC1!
HAPPIEST MINDS TECHNO.After a decent correction and time spent on support area seems to be ready for a new rally from here as:
Cmp 870
Support 780-810 acts a SL for short term
Add more if comes around 750-800
Sl below 580(For long term view)
TGT 1080-1360-ATH+
I am not saying will happen overnight but patience will pay off .. Likh k de sakta hu m
Also apne bacho ko gift kar dena baad m
Yemi_Fx1 | Short for AUDNZDPrice has been trading and moving in an ascending channel so far, currently it's approaching an area of value + the upper dynamic trendline of the channel. If the structure hold, AUDNZD will be experiencing a move downward.
I'll be considering
A Risk entry type at the top of the bearish structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
EKI Energy good for investmentFundamentals:-
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 358% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 171%
Technicals-
Near demand zone
Accumlate near 1400-1500 or on breakout and closing above trendline.
SL 1220, closing basis.
Good for long term investment.
Swing can be taken on trendline breakout.
not a sebi registred advisor, for education only.
Saptarish trading.
There might have to ways for gold - personal analysis
In the 1 hour frame I did noticed there is a triangle pattern in up trend which may indicate a possible of a down trend until it hit the strong support levels 1916, and it should go and hit 1929 and keeps going until it hits the level 1937.
reminder this is to increase knowledge in trading and exchange opinions so pleas be aware and do your research before taking an action /put a trade order.
personal analysis and not an advice.
Please comment if you have any other ideas.