GBPCAD 4HRSThe price due to fundamentals on friday rallied down to previous low, we expect corrective moves in the price. analysis will be invalaid if the price moves below the highlighted zone.
Ilovetrading
Happy Holiday, Traders!Just some market analysis to keep the mind having fun during this holiday.
Happy Holiday, traders!
MPHASIS - 12/11/2022-LOOKING GOOD#MPHASIS... ✅
🔹🔹🔹🔹🔹🔹🔹🔹🔹
👇👇👇👇👇👇👇👇👇👇👇👇
INTRADAY/ Short term delivery call as well 👍
All levels given in charts ...
IF good potential seen then we work in options also
👉if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
📚📚👁🚀 📚
🚀🚀🚀🚀🚀🚀🚀🚀
Possible to give good target
👍👍👍👍👍👍👍👍
#SBILIFE-LOOKING GOOD IN PROVIDED LEVELS KEEP EYE ON SBILIFE
It will be good above 1274 with a little stoploss
we always trade with double confirmation
if good momentum found we trade in option as well
XAGUSD (Silver)Update:
Silver retraced 78.6% of Fibonacci level leading to our target at 20.66
Still considered to be in bearish market as we have not yet broken above daily counter trend break (can anticipate a deeper retracement). Early bullish entries therefore needs to be taken with smaller risk on lower timeframe.
Market has respected daily trendline support, and moving towards potential future daily resistance (long term). As of the time posting this, retail sentiment changed bearish(most retail traders tend to lose money).
From current price we are about 150 pips away from target.
I am looking for break and re-tests of resistance levels on 1 hour timeframe with counter trend break bullish and wick rejections at these levels for entries.
Stop loss below market support structure
Take profit 3x risk
lot sizes: 2 to 5 lots
I have my eyes and alert on price 18.905 for retest of 1 hour resistance becoming support. I believe that if the dollar gains strength against Japanese Yen this trade idea may not work, however given signs of bullish weakness to break above resistance on USDJPY we can potentially see investors moving from the dollar to commodities momentarily until its confirmed that there is uncertainty in the FX market which will cause the dollar to become weaker for the time being. Until then I still hold my positions on USDJPY and looking to move some cash into silver (risk off).
#happytrading
GBPUSDGBPUSD:
According to monthly timeframe, market is oversold. Market has been at its lowest dated back to 85'. September candle closed with wick rejection bullish (doji candle). market has potential retest of monthly support becoming resistance. Due to the above I therefore believe the market may need a correction before a potential run bearish again.
Daily timeframe shows strong bearish trend. Support at bottom blue level, and resistance at top blue level. We are still within a daily ABCD Fibonacci sequence bearish. A break below daily trendline support in September thereafter the market made a huge pullback to 61.8% retracement level. Potential Gartley sequence forming should the market find support at bottom blue level where we can expect the market to begin a rally towards the top blue level for resistance and then continuation bearish for future daily low and future daily fibonacci target. If dollar strength continues one can expect the continuation to play out, if dollar losses strength we can expect a new bullish trend for the longer term. If the market breaks above resistance trendline and does not form the "D" gartley at this level I'll step back and not expect the bearish continuation until further analysis.
Of course this is a long term setup, so this could take weeks/ months/ years. But the important thing is getting direction right which will give a trader an edge on the market and to deploy their selling or buying strategy.
#Successformula
Waiting for a break out of this current range on EUR/USDLast Friday market mitigated the Imbalance left from their earlier in the week manipulation. So I would love to see a move clearing out bottom side liquidity and tapping into our OB to take price higher to unmitigated OB'S.
Caught a short on EU this morningHad a prior OB setup from the 11th and I saw it start to produce a wyckoff late in the market yesterday 13 OCT. This morning I saw it produced a UTAD and I was blessed enough to catch the retest of the UTAD. Still waiting to hit TP but BE on overall trade
BITCOIN Analysis in 1 HOUR 🌟HI 😉
Two days ago we saw a 10% price drop from the $20,180 area in this cryptocurrency, which continued to the $18,200 area and buyers took over the market. Currently, the price has formed higher ceilings and floors and has been able to change the Substructure to Minorstructure and create a change in nature from downward to upward in the one-hour time frame.
If the green candle closes above the level of $19,670, the price has the ability to achieve the target of $20,180 and the resistance range of $20,780 (low probability).
Otherwise, with the loss of the $18,200 support zone, the price is expected to react to the $17,600 level.
Arztoday Team 🌞
Analyzer✍: AR.Rashidi
Nifty Prediction & plans~~ Target 17800 to 18243Nifty50 Prediction & plan:-
Nifty CMP 18070 and currently SGX nifty -319
So it is confirmed that there is going to be a huge gap down tomorrow in the market.
PLANS-
1)if nifty open around 17865 level then these condition wait for market sustain..
2) if nifty open around 17794(around 17800).... then this condition you can go for 18243 levels
Buying level 17865 & 17794
Invalidation level 17700-17720
NOTE : - target expect nifty we can touch before week end
Responsive industries inverted head and shoulderInverted head and shoulder with RSI breakout
Look good with a close above 156
stay tuned!
Sell IdeaHello traders, in today's trading session my team and I are monitoring GBPJPY for a selling opportunity below the 160.604 price level, once we get a bearish breach the pending order will be activated.
Pip Regards, DayBot6.
PS: Kindly COMMENT on what you think of this idea. Also LIKE, if you do.
HOODRobinhood shares slumped after a judge ruled that the company must face U.S. market manipulation claims over the ‘meme stock’ rally. Additionally, the SEC is investigating hedge fund Melvin Capital Management, which was heavily involved and affected by the ‘meme stock’ saga last year. 📉 11/08/2022 By "StockTwits"
USDCAD ROLLOVER TO THE UPSIDE?? WELL. YES.USDCAD has been maintaining its support level on 1.24528 for the past 30 weeks and we finally have proof that it will rally up. Based off price action, USDCAD has printed an equal inverse three head pin. besides that, looking at the weekly closure above the last week candle shows how powerful the bulls are ready to kick price back to 1.36824
Google's (GOOG) Support and Resistance Lines In this map we are seeing consecutively google stock has went up after hitting support lines. The same pattern is for resistance lines. In these terms Google's stock is close to current resistance lines. That being said there's room for a jump in stock price. The overall prediction is that this stock will be falling into support lines within the next few months.
EURUSD H4BUY ENTRY @1.09359
STOP LOSS@ 1.08518
TAKE PROFIT@1.10630
Market Update (Looking to Long)
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XPRUSDT .... Target ❓❕❔❗🐣🐥🐤Ripple Technical Analysis predicts that the Ripple (XPR) price will stop in the 0.323 price range by the end of 2021 and then reach $ 0.4030 by the end of 2023. This means 58% growth.
