Looking at the H4 chart, my overall bias for META is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 155.50, where the overlap support and 38.2% Fibonacci line is. Stop loss will be at 124.63, where the overlap support and 61.8% Fibonacci line is. Take profit will be at 224.28,...
Balkrishna Inds CMP 2028 Buy above 2050 SL 1980 Target 2200/2300++
w1 and w5 are very similar in size w3 is the longest/most impulsive. w4 is twice as long as w2 higher high price while RSI diverges buyers weaker at these levels
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.
The spy has closed below a key support which has now become resistance. Closing Below this level for 2 consecutive weeks leaves it vulnerable to retracing lower to the next major support. A retrace down to to the major trendline breakout will be very healthy consolidation if it manages to hold that level.
Technical Analysis and Outlook The index continues to respect our Mean Sup 4060 target as shown on S&P 500 Daily Chart Analysis For the Week of Feb 10. The newly created Mean Res 4145 is our intermediate upside target - However, keep in mind that the temporary bearish market sentiment is intact, and a significant possibility that the Mean Sup 4060 retest could be...
Palo Alto Networks - 30d expiry - We look to Sell at 177.77 (stop at 184.04) Levels above 178 continue to attract sellers. 179 has been pivotal. The previous swing high is located at 178.97. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Resistance could prove difficult to breakdown. Our profit targets...
Bias: Bearish. Easy room to 405, could break support and see 400. Top Watches: I will update this post with my top four long and short ideas between 9:25 - 9:30 EST. Tune in to my stream at 9:45 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, top stock watches, and...
TVC:US10Y The recent market response to data on CPI , PPI, and the selloff in the bond market, coupled with hints from the Fed about potentially raising rates towards 5% to 5.25%, provide important insights into where the markets could be heading in the coming weeks. Looking at the weekly chart of the 10-year Treasury yield, we can see a massive rising wedge...
Oracle Financial Services Software Ltd. Oracle Financial Services Software Ltd. is forming a good pattern, there is a good accumulation happening at current levels. Oracle Financial Services Software Ltd. is Symmetrical chart pattern breakout wait for entry about of confirmation candle. This channel is for only educational purpose. Any Profit/loss, I am not...
beautiful 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..
Hi Traders, Investors and Speculators of the Charts 📈📉 The SPX Chart is looking bullish as we see another very clear pattern form - the higher lows. Previously, this has been a sign that we can expect more upside movement from the stock market. But not all stocks are equal during this time... Have you bought some eggs recently? Forget high gas prices. If...
US Initial Jobless Claims decreased to 194,000 against an estimate of 200,000. Combined with a growing Producer Price Index and relatively hawkish comments from Fed officials, Mitrade now expects more significant rate hikes to combat inflation. As a result, the greenback strengthened against most of its peers. EUR/USD fell 21 pips to 1.0668, and GBP/USD lost 33...
Hello everyone! Thanks for being patient with the content, just finished building the studio setup so I can really dive into the markets and give in depth analysis. In this clip I will be discussing my take on DXY for the next few weeks to Q2 and Q3. As you can see the #dollar has made a significant pullback to an area of previous support, where its also...
Market pulled back today and many feeds were filled with Bears and Doomsday callers ... Is this the start of a massive down leg or just a technical pullback ? Bear trap or will Put holders be rewarded ? Time will tell.. CPI next week so anyone's guess . Personally I'm waiting for more resolution and confirmation before trading this spot as it could go...
Are you following my SPY Cycle Patterns yet? If not, here is a list of the SPY Cycle Patterns for this week and beyond... 2/6/2023 2/7/2023 Inside-Breakaway 2/8/2023 Harami-Inside 2/9/2023 CRUSH 2/10/2023 GAP Potential 2/11/2023 GAP...
Bias: Bear chop. Bit of support near 409, under that room to 406. Big gap down at support so expect an early bounce. Top Watches: I will update this post with my top four long and short ideas between 9:25 - 9:30 EST. Tune in to my stream at 9:45 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias...
The dollar strengthened amidst strong US retail sales data, but cryptocurrencies managed to recover significantly. Bitcoin jumped over 9% to $24,300, the highest level since June 2022. Ethereum also surged over $140 to $1,688.18. US retail sales recorded a 3.0% growth in January. This outperformed Mitrade's estimates of 1.8%. This allowed USD/CAD to climb 58 pips...