Get started

Technialanalysis

TradeCityPro | EURGBP : Testing Weekly Range Support👋 Welcome to TradeCity Pro! In this analysis, I’ll review the EURGBP forex pair, focusing on the daily timeframe. 📅 Daily Timeframe: Downtrend Near Weekly Support The pair has been in a downward trend accompanied by deep retracements. Currently, it is moving along a descending trendline and has reached the 0.82711 support level. 🔍 The 0.82711 level represents the bottom of a weekly range that has been in place since 2020. At present, the price is oscillating near this crucial support. ✨ If the 40.17 level in RSI is broken, bearish momentum will increase, raising the probability of breaking the 0.82711 support. In such a case, the next support would be at 0.80934. 📈 If the price holds at this zone, the first long trigger is at 0.83901. However, this is considered a risky trigger. Personally, I prefer waiting for a higher low above this level to confirm a trend reversal. 🔼 The next long trigger is a breakout above 0.85129, which is a more reliable signal. The subsequent resistances are at 0.86142 and 0.87442. 🔑In my opinion, the price is likely to move upward from here as it has reached the bottom of a 4-year range, and market momentum is declining. For now, I anticipate the price will find support at this level and may attempt to break the range in the future. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
1
XAUUSD H1 Analysis - BullishPair Name = Gold Timeframe =H1 Analysis = technical + fundamentals Trend = Bullish Support Levels = 2514, 2508, 2500 Resistance Level =2523, 2529, 2445 Explanation : - Gold Moving As predicted Yesterday. Still getting Good Volume and On the way To Our main Target 2550. But always Secret of the market is buy the dips and sell tops. So if you are sure market is bullish or bearish, the main and important thing in the life the trader is perfect entry with proper Risk Management. One more thing I wanna discuss before the details explanation about the GOLD today Move. Maximum traders fails because they don't use Risk Management formula in trading. Here I wanna Explain the Gold Next Move. Gold Dips has hit The Price levels 2514, 2508, 2500 .All These were the key points for the bearish move as predicted yesterday. In bullish Move Key Levels are 2523, 2529, 2445 In bullish Move Gold Will Target These Points.
OANDA:XAUUSDLong
by Alpha-GoldFX
Gold can make small movement up, after which rebound downHello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some time ago declined to support line of the pennant, thereby breaking the support level, which coincided with the buyer zone, but soon XAU rebounded from it and made impulse up to 2050 points, breaking 2005 level one more time. Next, the price made a little correction, after which continued to move up to the resistance line of the pennant, breaking the resistance level, which coincided with the seller zone. After this movement, Gold rebounded from this line and in a short time declined below the 2055 level, thereby breaking it again. After this, the price fell to 2015 points, where it turned around and made impulse up to the seller zone. Price made a fake breakout of the resistance level, after which it declined to the support level. Also recently, Gold bounced from this level and started to rise. So, just a moment, I think the price can make a movement up, after which the price starts to decline to support line of the pennant. For this case, I set my target at the 2010 points, which coincides with this line. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
2
LOCKHEED MARTIN CORP - LONG THEN BIG SHORTIn examining the technical analysis (TA) of Lockheed Martin Corp's stock chart, we observe discernible indications of a potential trend reversal. Notably, multiple Bearish daily Fair Value Gaps (FVGs) are present, accompanied by a Bearish Order Block (OB) situated just beneath the preceding major peak of $508.10, as delineated in the accompanying chart by blue boxes. From a fundamental analysis perspective, information from reliable sources indicates imminent challenges within a specific segment of the company's operations. These challenges, poised to become public knowledge shortly, could substantially impact Lockheed Martin's growth trajectory if not adeptly managed. The root of these challenges can be traced back to 'a program', which is on the brink of exposure due to impending government intervention. Should the company persist in a non-transparent approach to these issues, we anticipate a marked increase in bearish market sentiment favoring selling, potentially depressing the stock's value significantly below its support level at $393.77. Conversely, if Lockheed Martin's management adeptly capitalizes on the significant commercial and public relations opportunities—particularly concerning the mass production of a groundbreaking, revolutionary product—we foresee a robust market sentiment driving the stock well beyond its all-time high of $508.10. One of the new opportunities could emerge from diversifying Lockheed Martin Corp's business model, potentially exploring manufacturing sectors beyond their traditional scope, or through strategic collaborations with a company (example: 'Tesla') known for their innovation and lateral thinking, thus broadening the range of their market engagement. Currently, it is imperative for investors, including myself, to encourage Lockheed Martin to engage proactively with governmental entities and the broader community. Such engagement could pave the way for a brighter communal future, concurrently augmenting the intrinsic value of the company. Assuming the mass production of this innovative product materializes, it could potentially double the company's value in a relatively short timeframe. This projection might appear ambitious, but the potential is undeniable once fully comprehended. However, failure to seize this opportunity could precipitate considerable selling pressure, potentially triggering a significant market correction over time, with the potential to reach a critical support level of $119.95.
NYSE:LMTShort
by Market-Pip-Factory
3
GBP struggles to maintain upward trend👑 GBP struggles to maintain upward trend 👑 👑 Last week, the British pound positively surprised all investors. Because the Bank of England announced the purchase of assets such as bonds 👑 Against the JPY, we could see a rebound of about 10%. 👑 This gave a clear signal confirming the continuation of the upward trend on the pair 👑 The high bounce we made may be cooled in the upcoming trading sessions 👑 But looking at the dynamics, I'm willing to risk saying that the upward trend on this pair is not over yet 👑 Do you like analytics? Watch the profile👑
Long
by InvestMate
9
💸 AUD/CAD Breakout time 💸💸 In today's analysis we look at an interesting opportunity on the aud/cad pair. 💸 Since the beginning of today's session, we can see the strength of the Austarlisian dollar against the Canadian dollar. 💸 Most of the technical analysis indicators signal the possibility of a breakout and divergence from the previous moment when we were at the same price level. 💸 I sense a breakout from the double bottom 💸Risk/Reward ratio: 4.52 (excellent) 💸 If you like the post? Follow the profile!
Long
by InvestMate
2
LOOM/BUSD PRICE ACTIONHi folks , There could be a entry opportunity for guys , 1ST: If it come back to support area ( 0.063-0.065) and reject to break the support , then you can enter. 2nd : if it break the current resistance then you can enter when it come back to retest it . TPs are in the figure Please buy into parts and if you will get into some profit , you can close it or can move your stops to breakeven Please like my idea and follow , In past 3 days I gave 2 signals Vidt/usdt - 26% profit ( in hours ) Fida/Usdt - 30% profit ( 2 days )
LLong
by Ahmedchaudhry1
BTC Accurate Dump Fractal?Unfortunately it seems Bitcoin is following a similar pattern of price action as it did in 2018 during its near 50% correction during a long and drawn out bear market. This consolidation before dropping below support has incredible similarities, and could come into fruition within the next few weeks if price action continues this way. Especially considering the bearish BTC narrative, and how accurate retail and traditional analysts have been with their forecasts, I think this situation is more than likely to play out... Just one thing to consider, if you hadn't already noticed this is in fact an inverted price chart. BTC doesn't look so bad right now, everyone being bearish isn't a bad sign, and a bear market isn't guaranteed. This is not an indication to be bullish, it's just a thought that anything could happen!
by BlockchainSpecialists
2
$TSLA squeeze.. $TSLA squeezing making the momentum going. TSLA bounce with the overall market with no apparent news about EV. base from the indicators' TSLA is squeezing and could possibly continuous as more buyers starts to steps in or possibly bull trap? on this very volatile market anything is possible. Day trade or scalp target play: 03/01/22 Buy call above 893.1 sell at 910.15 Buy puts below 840.14 sell at 831.00 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
NASDAQ:TSLALong
by CHRIS_B58
$CLF energy shines from war conflicts?$CLF bounce due to technical break out from ongoing war conflicts between Ukraine and Russia. with possibility Russia of being cut off for importing goods to other countries. this makes other energy producers shines due to desperation finding alternative resources. $CLF failed to meet the wallstreet expectation EPS from recent earnings and got downgrade by goldman sachs from 28 to 26 bringing the stock down for a bit. with the possibility of high demands on energy stocks, this makes the $CLF & $PLUG more appealing and other energy stocks. Day trade or scalp target play: 03/01/22 Buy call above 22.72 sell at 23.10 Buy puts below 21.91 sell at 21.20 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
NYSE:CLFLong
by CHRIS_B58
1