See chart for analysis. -Looking fro buying opportunites with price inside demand zones. -Overall trend = uptrend + short term = sideways -Price above 200MA -Look for buys with Lower timeframe confrimation.
Available in TradingView's indicators Library or directly from my profile (Correlation Analysis). As the name suggests, this indicator is a market correlation analysis tool. It contains two main features: - The Curve: represents the historic correlation coefficient between the current chart and the “Reference Market” input from the settings menu. It aims to...
Over the course of the last few weeks, BTC has been trading very bullish. However, a rising wedge pattern might cause a minor correction in the near future. This might be the 4th leg of my Elliot Wave pattern analysis below. If we can close the day below the support, I'm expecting further selling. Targets in blue. Note that I think that there's still more gains...
#MAR has broken out of its correction and is half way to its destination and possibly further. Look for small buy setups along the way and don't forget to take your profits at your planned targets.
My trading idea for UBS following the announcement that the shares bought back last year will be used to finance the takeover of Credit Suisse. SHORT/SELL Apart from that, the price is battling at a significant resistance level. A breakthrough is unlikely in consideration of the current banking crisis. Entry: 21.00 USD Target: 15.50 USD (Profit 26%)
Price making higher highs with RSI making lower lows. ITC looks to have topped at 290 levels. At the current level of 270, DMI has a bearish crossover, indicating an increasing strength of bears. Next support level at 260 Quick short trade Sell - 370 Stop Loss - 374 Target - 360
Hi Abu Dhabi National Oil Company (ADNOCDIST) ready for Jump ENTRY:4.28 SL:4.20 TP1:4.75 RR=10% for First TP
The US dollar and Treasury yields continued their recovery run supported by resilient economic data and hawkish Fed speaks. The dollar index is trading higher at 102.05, and the 10-year Treasury yield rose to 3.591%. This has diluted the yellow metal’s safe-haven demand, with spot gold declining HKEX:9 to HKEX:1 ,995.18 an ounce. Later tonight, Mitrade expects...
the 20 year yields has also recaptured all of the key daily moving averages. The yield charts on the weekly and monthly chart look ridiculously strong.
Wix.Com - 30d expiry - We look to Buy at 84.11 (stop at 78.61) Trading within a Bullish Channel formation. Trend line support is located at 83.75. We look to buy dips. This stock has seen good sales growth. Expect trading to remain mixed and volatile. We look for a temporary move lower. Our profit targets will be 97.61 and 99.61 Resistance: 93.00 /...
This week I will be targeting 4184. I expect price to continue to make gains based on market structure using multi time frame analysis. Lets see if us traders can make this happen.
Hello, My previous post I analysed the weekly timeframe and I mentioned how the market has been consolidating and now on the 4 hour chart you can see the build up of the consolidation. We can see we are getting closer and closer for this break. We have had few fake breakouts, which we want to avoid getting caught in. I would wait for a break of 131200 area or...
AVAX has finally broken out of a 8-month pattern. With some luck, this might be the start of a new bullish era for AVAX, which has arguably been lagging a large portion of the market. Keep in mind that BTC took a dive today, so the current break out might be a fake-out. I'm waiting for tomorrows candle. In case of a confirmed break out, targets in blue.
JET2 PERFORMING WELL OVERALL SINCE THE COVID CRASH, STRUGGLED TO BREAK PAST THE 3 YEAR RESISTANCE OF APPROX 1403 ON A NUMBER OF OCCASSIONS, RISING WEDGES TEND TO BREAK TO THE DOWNSIDE 68% OF THE TIME, FUNDAMENTALS ARE BRILLIANT ON THIS ONE. NEW TRAINING CENTRE AND AIRCRAFTS PURCHASES. Jet2 Plc Market Data TIDM JET2 Ticker Code JET2.L ISIN GB00B1722W11 Currency...
Hello, I will start this weeks analysis with the weekly so we can see what has be going on with Nasdaq. To begin, let's take a moment to appreciate the positive changes in the market. In the beginning of the year, the Nasdaq broke from a downtrend, resulting in a change of direction for the market. This is a great sign for investors, and it's important to...
Imagine USD recovery, and "no fear" on VIX at the same time Not good combination for stocks IMO, especially when looking the extremes of 2022-2023 range. Calls at the extreme may not be a good thing.
Bias: Flat open on both indices, support below and above so going in with a pretty neutral bias. leaning towards the bullish side. Top Watches: Long - TECK, BAC, BTU. Short - RBLX, GOOGL, STT. Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this,...
The last week brought earnings from three major U.S. banks, including Citigroup, JP Morgan Chase & Co., and Wells Fargo. Overall, the results for the first quarter of 2023 were mixed, with indicators pointing to positive and negative trends. All three banks showed solid growth in revenue and non-interest income. However, declining deposits and loans paint a...