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Supplyandemandzones
EURCHF- Long term Swing TradeTechnical Analysis:
-Trop down analysis shows that there is a strong bearish trend for this pair so I will only be looking for short trades.
-Supply zone and Fibonacci level 62% are in line which shows a strong confluence that price will retrace to from this level.
-According to my algorithm, the seasonality shows a bearish trend for this pair will last till the beginning of may.
Fundamental Analysis:
There will be a few major impact news which could have a massive impact on how how price will react during the news.
Nifty @ Supply ZoneIt's better to follow the price instead of to predict the price as an option seller.
Currently Nifty @ Reaction Zone. There is a high probability to see strong price action on the any side within a day or two.
Bullish price action will take nifty to the next supply zone @ 17800-17900
and
Bearish price action will take nifty to the next support @ 17000 and 16850-16900.
Let's See....
Going short on Gbpusd In my former idea I shared on Sunday opening,I said I am only interested when the highs or buyside liquidity is being taken out..this was the same analysis I shared on Sunday for my paid mentorship students ...my ideal target is for 1.23114 to be taken out respectively..stay safe guys...risk what you know you can afford to lose..
Investing in Zoom stock: Will You be Profiting Long-Term?Are you on the lookout for a solid investment opportunity in the current market? Look no further than Zoom Video Communications! Although media reports or rumours about a significant change in a company’s business prospects usually cause its stock to trend and lead to an immediate price change, certain fundamental factors always drive the buy-and-hold decision.
Zoom Video Communications stock company is reacting to a very strong monthly demand level located around $70 per share. There is a lot of profit for margin for this long-term buy opportunity of Zoom Video Communications shares. There is room for this tech stock to reach $250; it will need a few months, bu
GOLD Bearish SignsHello Traders
I think the Gold price Stabilized under 1880 area and its time for more decreases.
As you can see on my chart we Broke 1880 support Area with a Long Red Belt candle.
and after pullback to this area now its time for a few crash.
I thnik the Gold price decrease till area created by 38.2% Fibo Retracement of last long leg
(yellow channel above) and a strong support level around 1800 and 1820.
Also the price Breaks 50EMA and Retest it too.
JUST...
If you take a TRADE , DONT FORGET TO SET A REASONABLE STOPLOSS.
Thank you all for reading my idea.
please teach me something in comments.
Nifty: High probability to move above 18000 in coming week.Levels and other details are mentioned in the chart.
There is a high probability to get trending market on upper side.
I will change my view and position in case of price sustain below 17600.
Levels and analysis is for a position view (Option selling).
AXSUSDT is testing the key level!AXSUSDT is testing the weekly support at the $9.9 area, which is a crucial level for traders and investors.
The 0.786 Fibonacci retracement level is also in close proximity, which is a key level for traders who use Fibonacci retracements to identify potential areas of support. It is expected that the price will bounce off this level, as it has done in the past, as traders look to enter long positions.
However, in order for this bounce to occur, the price needs to break out from the descending channel and static resistance, which has been acting as a significant barrier to upside movement. Once this breakout occurs, it is likely that we will see a strong move to the upside, potentially towards the $12.5 area.
According to Plancton's rules, a new long position should be opened once the breakout occurs and the price closes above the resistance level. This is because the breakout is a strong indication that the trend has shifted in favor of the bulls, and that further upside movement is likely. As such, traders who follow Plancton's rules may look to enter long positions in anticipation of a strong move higher.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐