Smartmoneyconcepts
AUD_USD RISKY SHORT|
✅AUD_USD is retesting a resistance level of 0.6700
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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CHF-JPY Risky Long! Buy!
Hello,Traders!
CHF-JPY fell down sharply
Then hit a horizontal
Support level of 166.517
And we are already seeing
A local bullish rebound so
We will be expecting a
Further bullish correction
Buy!
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EUR-USD Bearish Breakout! Sell!
Hello,Traders!
EUR-USD made a bearish
Breakout then retested
The broken level of 1.1050
Which is now a resistance
And went down again so
We are bearish biased and
We will be expecting a
Further move down
Sell!
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HEY INVESTOR! Nvidia below $100 is an absolute buy! check it outLet's welcome NVDA to our weekend analysis!
In this analysis, we're primarily focusing on two resistances that the price formed several months ago, which consequently created a gap later on, the price came back to test our blue area, which we'll call our "gap zone."
The price has been fluctuating in a bearish sequence; however, it has not yet reached our point #4 to complete the sequence we've been observing for the past few days.
If the price complete the sequence and reaches our point #4, we're looking an excellent buying opportunity below 100 dollars.
The trend is still bearish, but there are two factors that may suggest a short-term trend reversal:
First , the price has already touched our gap zone, and second , the dividend date is approaching, during which many accumulate shares to receive the dividend and then sell, leading to increased volatility for Nvidia in the coming days.
Just remember, Nvidia's intrinsic value may be positioned below 98 dollars, but if you're looking at it for the long term, this price shouldn't concern you at all.
Best wishes for success in your trading and investment!
Thankyou for supporting my analysis
Best Regards