swing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
TVC:VIX gaining some momentum on the daily but cannot deny the damage that was done to it last month #VIX is a tad harder to chart but it does look like it wants to bottom here Opening AMEX:VIXM put selling strategy = bull Keeping tight stops @ support levels
Tesla shares closed down 7.6% to $204.99 on Friday, taking its market capitalization to $642 billion. The decline has now sliced in half the stock’s Nov. 4 record closing high of $409.97 150-160 is a great demand and buy zone for tesla and 180$ is good time for taking long positions for short term I start shorting at 300$ after Elon decided to sell 6.9 billion...
UBER had a massive price jump yesterday after the upbeat earnings and is approaching Resistance 1 (37.50), which rejected the February 08 High. That was the last Higher High of the Channel Up pattern that started after the June 30 bottom. We expect this trend to continue for a new Higher High at 39.00. If we get a 1D candle close above the Channel Up, then we...
For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial. Please note that any trading...
My trading idea for - Nu Skin - BUY based on strong seasonality! Entry: 40.00 USD Target: 44.00 USD (+10% profit) Nu Skin Enterprises is a direct sales company for health and beauty products. I am buying a position in Nu Skin because of its strong seasonality. In the period May to early August, the stock has outperformed its index (SP500) by at least 4% each...
If AI is eating your lunch, your company better have a good strategic plan to adjust and create new revenue streams. This is classic Marketing myopia, e.g. US railways, in mid 20th century, saw market share eroded by the airlines. That's because railroads never saw themselves in the transportation business, and limited themselves themselves by thinking they...
Hey Traders, in today's trading session we are monitoring US500 for a selling opportunity around 4150 zone, US500 is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 4150 zone. I would also keep the FOMC in the watchlist as a hawkish FOMC should trigger Dollar strength which does correlate...
HI TRADERS ✌The possible scenario of NVDA is specified. As you can see, after breaking the downward trend, the price was able to grow up to the range of 230 and after a little price correction, it started to grow again from the range of 204. Currently, the price is in the range of $238 due to the breaking of dynamic resistance and pullback to the level of dynamic...
On Tuesday, the Reserve Bank of Australia raised interest rates by 25 basis points to 3.85%, to control inflation. The decision was not expected by investors. AUD/USD then added 31 pips to 0.6661. The Eurozone year-on-year inflation rate was 7.0% as expected by Mitrade. EUR/USD increased 24 pips to 1.0999, and GBP/USD slipped 32 pips to 1.2464. USD/CAD rose 83...
SUGAR RAWUSD Bearish trend forming for Sugar Commodity We are seeing a Elliot 5 pattern way theory occurring as well on the 2-3 hour charts. But most importantly sugar is spiraling down towards a major support level. Clearly the uptrend has broken it's trend line with a fake cat bounce/retest making it definite the reversal has occurred. FIB LEVELS also...
Dropbox - 24h expiry - We look to Sell at 22.14 (stop at 22.94) Expect trading to remain mixed and volatile. Previous support at 22.00 now becomes resistance. The medium term bias is neutral. 22.33 has been pivotal. Preferred trade is to sell into rallies. Price action has resulted in a bearish candle after the previous swing high found selling interest at...
The DXY index has been moving in the descending channel for more than 1 month.📆 DXY seems to have formed the Double Three Correction structure(WXY) in the middle of the descending channel during the last two weeks. I expect the end of wave Y to finish near the middle line of the descending channel and the🟢 support zone($ 101.3-$ 100.82) 🟢, and again DXY will...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Tesla stock just recently perfectly retested and already rejected a quite obvious previous weekly structure area exactly at the HKEX:200 level. You can also see that weekly market structure is now bearish, we are currently retesting...
On the chart we can see the Head and shoulders formation which is a bearish formation. Wait for the price to break the neckline to enter the short position. Target and stop loss are shown on the chart.
What we can see on the chart is the head and shoulders formation, which is bearish, therefore, we are expecting a breakdown. Target for this pattern is shown on the chart. Stop loss should be placed above the right shoulder. Enter short position only if the price breaks the neckline. Good luck!
Today, the price of BP shares experienced a significant decline after the release of their Q1 earnings report, despite the fact that they made 4 billion during this time period. This phenomenon can be explained as a case of "buying the rumour and selling the fact." To better understand the market's reaction, we look at the BP chart to identify the key support...
The price has been traded in the range. Currently the price has been approaching the upper boundary of the range, which should be acting as a resistance. The price has been respecting an upsloping support and we believe that the price will hit the resistance which would be our entry for the short position. Target and stop loss are shown on the chart.