GOLD AIMS HIGHERAfter a significant sell-off, we managed to find support at the 50% channel retracement, within the ascending channel, at the trendline, and in the golden pocket. I’m expecting a nice move up from here if this level holds
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Parallel Channel
HUDCO NSE CHANNEL BO WTF POSITIONAL HUDCO NSE STOCK Analysis
TRADE PLAN (DTF Close Price for POSITIONAL
ENTRY -223 25 % Qty, Add 50% qty 250 DTF Close
SL - 192
TARGET --01- 278 , TGT02-- 361
Hold For a -1 + Year or TGT 2
Chart Pattern :
STOCK had a 4Month Streak to Touch an ATH of 350, Retracing in below 50% FIBO Level forming a Bullish Flag /Channel Pattern.
INDICATORS EMA :
The Price is Currently Trading above 200EMA, and 20EMa below 50EMA in DTF. STOCK EMAs are currently in Transitional stage of Bearish alignment where price has recvocered 11 %+ with low Volumes indicating an EARLY start of a bullish Reversal on WTF.
FIBO/E :
Currently the price is below 50% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Investors Enter above 224 .
Volumes: There is a no significant increase in Volume on the Weekly Charts for1 Weeks after the 16 weeks Pullback.
Maintain a Strict SL
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses...
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
GOLD - Price can little correct and then bounce up to $2825Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Not long ago, price bounced from $2665 support level and fell below it, after which it started to grow inside rising channel.
In channel, Gold broke $2665 level one more time and later rose to resistance line of channel, after which made little move down.
Then Gold rose to $2755 level, after which bounced down to support line of channel and then continued to grow.
Later price made a gap, after which fell back to support line and then bounced up, breaking $2755 level.
Price a little rose, after which it started to decline, so, in my opinion, Gold can little decline.
After this movement, price can turn around one more time and then start to grow to $2825 resistance line of channel.
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EURO - Price can move up to resistance level and continue fallHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A not long time ago price entered to falling channel, where some time declined near resistance line of channel.
Later it bounced and fell to support line of channel, but soon backed up to resistance line, after which continued to fall.
Soon, Euro broke $1.0840 level, which coincided with resistance zone, and exited from falling channel.
Then price started to trades inside flat, where it declined to support area and then bounced up to $1.0840 level.
After this, price made a correction and then backed up to this level, but recently started to decline.
In my mind, EUR can make movement up to resistance level and then continue to fall to $1.0765
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DC. Growth potential x10 in 8 days.If we extrapolate the historical chart to the present time, we can assume that asset is capable of experiencing a similar upward movement. Given the bull market factor and ratio of assets in liquidity pools on decentralized exchanges, x10 may only be the beginning of global growth.
GOLD → The calm before the storm. News ahead... FX:XAUUSD is at a strong resistance of 2790. Traders are getting nervous before the news. Risks as well as the price are rising. PCE, Initial Jobless Claims, Chicago PMI are ahead.
Traders have taken a wait-and-see stance ahead of the news. PCE along with NFP on Friday should give an insight into the Fed's interest rate outlook. Against the backdrop of a steady US labor market, a 0.25% cut is the most likely scenario. The metal is holding back any fall that could be seen as a correction due to election uncertainty. There is not much time left. As well as news from China and the escalated conflict in the Middle East.
Technically gold is in a range, the chart indicates stronger levels and liquidity zones. The most probable scenario is a retest of one of the support zones and further growth after liquidity capture. Targets in such a case could be 2789-2800.
Support levels: 2771, 2758, 2745
Resistance levels: 2789, 2800
It is not excluded that there may be a strong shakeout on the background of the news. Market behavior at the moment will depend on the actual data. The reaction may be extremely aggressive.
Rate, share your opinion and questions, let's discuss what's going on with ★
FX:XAUUSD ;)
Regards R. Linda!
golden channel gold price are going up inside a yellow parallel channel
price is making higher highs with higher lows so technically it is up trend until lower trend line breakout
price not only testing upper line of channel it is also testing big psychological level $2800 near upper trend line
today is last day of October month
tomorrow we will have last nfp number before election
just few working days before usa election results and fed rate decision
Amd - Break, Retest And New All Time Highs!Amd ( NASDAQ:AMD ) is about to start another +100% rally:
Click chart above to see the detailed analysis👆🏻
Amd just retested and rejected a major previous horizontal structure and is starting the next major bullish wave towards the upside. Looking at previous cycles and the rising channel pattern, it is quite likely that Amd will follow Nvidia and create new all time highs soon.
Levels to watch: $130, $270
Keep your long term vision,
Philip (BasicTrading)
EURJPY → Buyer pressure is mounting. Pre-breakout consolidationFX:EURJPY is forming quite an interesting situation on the background of inaction of the Japanese Central Bank (weakening of JPY exchange rate) as well as strengthening of EUR.
The currency pair has been in the realization phase for more than a week. Based on the general assumptions, we can assume that this is not the end and the growth may continue. An ascending triangle is being formed on H1 (pre-breakout consolidation) against the resistance at 166.065. Accordingly, this level is a trigger. Within the general technical and fundamental environment, we can conclude that the currency pair is preparing for the continuation of growth.
If the bulls are able to overcome 166.06 and keep the defense above this zone, we should expect the continuation of the growth in the short and medium term.
Resistance levels: 166.06, 166
Support levels: 165.68, 165.14, 164.95
The trend is bullish, buyers are actively defending the trend support. All market pressure is focused on the resistance. A break of the level may provoke a strong upward impulse
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURJPY ;)
Regards R. Linda!
BTCUSD morning analysisBTCUSD bullish price analysis.
Price reclaimed smaller pitchfork and so far remains within it.
Remaining within both pitchforks could be seen as a buying opportunity, for as long as it does, ATHs will not be far away.
From an EW perspective, there would then be lots of room to take price well above $100k, with ideal target of 143550.63 within the next few months.
EURUSD Analysis==>>Inverted Head and Shoulders Pattern!!!EURUSD ( FX:EURUSD ) is moving near the Upper line of the Descending Channel , Support zone($1.0816-$1.0775) , and Support lines .
Regarding Classic Technical Analysis , EURUSD has already broken the Neckline of the Inverted Head and Shoulders Pattern ( Bullish Reversal Pattern ).
Also, Regular Divergence (RD+) between Consecutive Valleys .
I expect EURUSD to rise to at least the width of the descending channel after breaking the upper line of the descending channel and SMA(100) and then attacking the Resistance lines .
⚠️Note: If EURUSD goes below $1.075, we must wait for more dumps to at least $1.069⚠️
Euro/U.S.Dollar Analyze (EURUSD), 1-hour Time frame ⏰.
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CRUDE OIL (WTI): When the Gap Will Be Filled?
I strongly believe that a huge Monday's gap will be filled.
The confirmation that I am looking for is a breakout of a resistance
line of a horizontal range on a 4H.
4H candle close above the yellow structure will indicate
the strength of the buyers and make the market finally start rising.
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Binance Coin Long Setup Setting / Next Alt-Season BasketBINANCE:BNBUSDT
OKX:BNBUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
Considering the price trend in its previous channel, by repeating the stabilization of the price at the bottom of the second parallel channel, it can be expected that the price will continue to move up to the top of the new channel.
The price breaking above the specified level can increase the certainty of the realization of the price target.
The price falling below the red level cancels the bullish scenario of Binance Coin.
Potential price targets for the levels will be $950 and $1,447.
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
950
1447
2340
3515
🔴SL:
252
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
EURO - Price can bounce down from resistance area to $1.0680Hi guys, this is my overview for Euro, feel free to check it and write your feedback in comments👊
A few days ago price entered to rising channel, where it rose to $1.1075 level and broke it, after which continued to grow.
Then price made a fake breakout of resistance line of channel, after which fell to support line of channel.
Then it rose to resistance line and then started to decline to support line, breaking $1.1075 level.
Also then, price exited from channel and fell to $1.0840 level, broke it, and declined to support line.
But then it bounced and rose to $1.0840 level, after which recently, EUR turned around and continued to fall.
Possibly, price can grow to resistance area and then bounce down to $1.0680 support line.
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NZDUSD: Intraday Bullish MovementCheck a price action on 📈NZDUSD.
After a drop below an important intraday/daily level, the NZDUSD price began trading within a tight range.
The price with a single candle surge, breaking through a resistance line in a downward channel and a horizontal range resistance based on the daily key level.
There is potential for the pair to keep climbing towards targets of 0.6010 - 0.6026.
ARM LONGWe have three chartist patterns here:
1- An ascending channel. It's top (yellow) it's still giving the price more space to go up.
2- Up trendline (orange). It has been touched and respected three times and that means that the bullish trendline is powerful.
3- Symmetrical triangle pattern. We have to put attention to it, because if price breaks to the upside, then it will fuel a rally to the targets given below.
The target is 164.16 and then 174.81 or so. Finally the all-time highs at 182.65.
Also, fundamentals are currently bullish for semiconductors.
Bearish CRWD on 2 scenariosNASDAQ:CRWD
I'm anticipating CrowdStrike to keep falling (especially that the lawsuits hasn't bee settled yet), and that the pattern is back in the channel it's been in for the last 4 years.
Scenario 1: Fast drop
The yellow line represents a fast drop as per current economics readings, where it's anticipated to reach the $140 range around end of 1st quarter of 2025.
Scenario 2: following the Nov21>Dec22 fall pattern
The green line repeats the pattern of the fall between the period of November 2021 till December 2022, anticipating a fall to $150 around end of 3rd quarter of 2025.
Up to your considerations..
Bitcoin - 100 Billion $ Historical Liquidations | ALL TIME HIGH!Bitcoin is only a very small step away from reaching a new all-time high. On the following chart, we can see high leverage liquidity from traders around the world.
The most liquidity is around 70k - 73k. Over 100 billion dollars are ready to be liquidated! How is this possible? Most people have their liquidation price exactly around this level on their short positions on futures. They believe the market will go down, but as you know, liquidity can be a very sweet spot for whales; of course they want all orders.
From a technical perspective, bitcoin is forming a bullish pennant, and we have a strong bullish Elliott Wave combo (impulse wave + zigzag wave (1+2)). Wave 3 is in progress.
Bitcoin will most likely experience a massive flash pump, now it depends on whales - will they take the liquidity for their sell orders or let it be to push the price higher? What do you think? Let me know in the comment section. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!