Opportunity
buy by R/1 (OP)📊Analysis by AhmadArz:
Trade in low level of renge.
🔍Entry: 3.747
🛑Stop Loss: 3.644
🎯Take Profit: 3.851
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GBPCAD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPCAD
I still did my best and this is the most likely count for me at the moment.
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Ethereum's Merge EIP-4844 can Boost OP to 4.44$Is good to have like minded cool friends and Cryptonite Clark is exactly that to me.
''Professor,
Just reading about Ethereum's next merge, EIP-4844, that's happening later in the year. The main beneficiaries are Layer 2s (www.coingecko.com), as it will reduce the cost of rollups, which they rely on. There's likely to be a "Layer 2 narrative" leading up to it, and ETH will probably recover lost ground against BTC. ARB and OP are top picks.''
I did my research and he is absolutely right. Then again I do prefer OP vs ARB so here we go with an updated OP chart:
Price is behaving nicely and a breakout over 1.60$ is my expectation for next.
From there it's destination 2.33 which offers a nice trade with excellent R/R since risk (SL) is over 1.3 and reward (TP) lies alomost 4 times higher.
Then again there is the ALTs possibility for Bullish scenario which can get the price to 4.44$:
One Love,
the FXPROFESSOR
Awesome OP news: Coinbase's Base to adhere to Optimism's open neutrality framework Link: www.theblock.co
NVDA Short SwingAfter a very big bull phase on the NVDA Stock, we start to see some reversal pattern on the 1.618 fibonacci level of extension. We can see the formation of lower lows and a stop hunting at the top (and near the extension level we are looking at).
What are we looking from ?
First we want to see the recent gap to be filled on this swing position (around the $315.0 level and the $306.0 50% of Fibonacci will be great but we can also see the $280.0 level of interest).
Then potentially, we can wait to see a bounce on this level for a long (but we are not here for now).
For me it's a strong short bias on this asset with decent R:R.
Great Trade !
USDJPY - 2 SCENARIOS 📈📉Hi Traders !
On The Weekly Time Frame The USDJPY Price Reached A Resistance Level (151.944 - 151.424)
Currently We Have 2 Scenarios:
Bullish Scenario📈
If The Price Breaks and Closes Above The Resistance Level !
We Will See a Bullish Move📈
TARGET: 154.500🎯
Bearish Scenario📉
If The Market Breaks Support Line and Closes Below That
I Will Sell On Retest...
TARGET: 148.600🎯
NIFTY INTRADAY LEVELS FOR 03/11/2023BUY ABOVE - 19170
SL - 19110
TARGETS - 19230,19330,19380
SELL BELOW - 19070
SL - 19110
TARGETS - 19030,18970,18930
NO TRADE ZONE - 19070 to 19170
Previous Day High - 19170
Previous Day Low - 19070
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
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Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
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TSLA Entry, Volume, Target, StopEntry: with price above 299.29
Volume: with volume greater than 142.36M
Target: 359.29 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 299.30, 279.30 gets you 3/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Can Goldman fall to $250? Bearish divergence on the weekly time frame indicated a bearish move. Which has already happened, giving up control from the bulls to bears. Creating a lower high which could indicate a upcoming move towards $250.
Over bought stochastic and Market exhaustion of the RSI to the upside. Could support my analysis which means NYSE:GS could fall 24-38% in the coming months.
This low would also provide perfect buying opportunity for the overall bullish annual trend.
EURUSD SELLS INCOMINGSticking to the basics of trading:
The market stalled making a resistance zone for the buyers. Thus showing early selling pressure.
The next area the market can possibly bounce from is at the 0.08500 mark. This mark would be a good area for buys continue the higher timeframe trend.
For anyone going into the london session can use the 4H timeframe to see that price has potential to retest this level and carry more volume to the downside.
However, BIG Reminder!
The market can do what it wants, so beware that buys are still in play as the overall defining trend is FX:EURUSD bullish for the buyers.
$M Long Swing Opportunity with Big Price TargetsNYSE:M is in a downtrend channel but I think there is a long opportunity as long as it holds the 15.9 level with targets of 19 and 22.65
-Falling Wedge breakout and retest wedge-line as support
-Bottom of channel bounce with strong green candles
-Buying volume vastly outweighs selling volume from trend
-RSI showing momentum with plenty of room to run
Good idea to wait for a confirmation hold above 16 old support for entry