GODREJ CONSUMER CP - The BAT pattern Entry - weekly close above 940 SL - Point B Target = Point D Buy only in cash.
DXY VS GOLD - Correlation Candle charts = DXY Yellow chart = Gold Watch out for this correlation. Whenever, DXY has topped out, Gold has given a massive rally. Finally, Look at the recent red arrow. DXY seems to be topped out again followed by a sudden rise in GOLD. Can GOLD rally once again?? P.S - Just a visual.
Price closed Friday under $40.50 after almost reaching that same price this week but stalling out near $40.44. This stock tends to move slower than others. $41.50 to me is a safe price range with zeroing out at $42 worst case before we lose money. Daily bar Friday closed under the most recent candle before that as well to note. Wave 3 may lowkey be a wave 5 but...
Since the recent news relative to the authorization this past week, price has been making higher highs and lower lows. Only 6 times this year price played around in the $54 -$56 area. I'm banking on price exhaustion from the recent "good" news this past week. Daily is overbought as well. Maybe we can get a bar close or two this week lower than previous to give us...
The last two times price touched $42 was in August ($42.10) and December ($42.03). Price hovered near $42 highs in November but didn't hold. Could also be a start of new impulsive wave to the downside. Might wait til the fed decision and cpi reports pass next week to get a second look.
$41.48 to $42.36 were two recent noteable highs since September. Price rejected the $41.50 area twice in November. Daily is oversold so we still need to be a bit careful here for the type of range trade we are looking for. Might wait til the fed decision and cpi reports pass next week to get a second look.
$24.17 was the high since consolidation started late September. Price has been trading in a range since. Might wait til the fed decision and cpi reports pass next week to get a second look.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. I am not a fundamental expert (nor an economist) but I found FEDFUNDS chart really interesting! I never thought that basic technical analysis tools can also be applied to such economic instruments! As per my last analysis (attached on the chart) FEDFUNDS traded higher and...
Technical Analysis and Outlook Outer Index Rally 4140 is currently postponed. The downtrend sentiment points to a newly created Mean Res $3965, with the possibility of a support level of the Mean Sup 3860 emerging first as the primary target destination. The upside target to the Mean Sup 3965 is probable once the dip to the Mean Sup 3860 is completed. Of course,...
●● Preferred count ● S&P 500 - U.S. (^SPX),🕐TF: 60D Fig.1 The current count of long-term waves is already two years old. How much more is allotted to the wave V of (III) no one will tell you. All we are capable of is tracking the shape and structure of the wave, which should manifest itself in the form of a five-wave motive...
Carnival Corporation - 30d expiry - We look to Sell at 10.88 (stop at 11.67) The primary trend remains bearish. Prices have reacted from 6.11. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 11.00 continues to hold back the bulls. 11.49 has been pivotal. The previous swing high is located at 11.19. Preferred...
Patterns look familiar? If price tests the 103.60's, could we see a repeat? Higher PPI report came out today. Interest Rate Decision next week. What could CPI read next week? So many factors to consider. Fed said they will slow the amount of hikes but may get more serious about the level of hikes if data doesn't show good indicators relative to inflation. Price...
Hello Enthusiast Indonesia Stock Investor/Trader. Here's free outlook for potential Index Movement. Please give us thumbs up, follow, and comment your opinion on the outlook to support the channel. Let's GROW TOGETHER to become matured trader :) LQ45 is an Indonesia Stock Market Index which consists of 45 liquid traded stocks. LQ45 could be use as an indicator...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Cheers! Not a bad area for a turn here. Hitting some resistance, some Elliott Wave Fibs and some geometry. BUT the bounce up appears to be a 3 wave move and a...
I remember NVIDIA from when I was a young kid... NVIDIA, Intel, AMD as they made the chips and graphic cards for all of our playing/gaming... Those days. See how things converge, now NVIDIA is intertwined with Cryptocurrencies and once again this is our playground, with Cryptocurrencies we work and play. NVIDIA Corporation (NVDA) Weekly Chart Analysis There...
Looking like gold will take a dip down, what do you guys think?
The DXY index was able to make a Bullish ALT AB=CD Harmonic Pattern on the support zone. I expect the DXY index will go up at least to the resistance line. And in the next step, it will touch the resistance zone after breaking the resistance line. U.S.Dollar Currency Index ( DXY ) Analyze Timeframe 4H (Log Scale)⏰. Do not forget to put Stop loss for your...
The DXY index wants to make at least the zigzag correction(even it can make 5 impulsive waves, it depends on whether DXY can break the resistance line or not🤔❗️❓). The end of microwave B was confirmed by the Bullish AB=CD Harmonic Pattern, and after breaking the downward trend line, we can be more confident about the end of microwave B. I expect the DXY index...