Crude Futures Settle Lower, But Post Weekly Gains I think there are many factors that can cause crude oil to rise, after all, the world situation is unstable right now.
Trend
VGX NEW INCREASE VOLUMEVGX shows an unexpected trend increase which could be confirmed in the coming hours.
At this moment is VGX one of the coins that shows extra effect
Trend follow will be below with updates.
SUN Price prediction 2024 - SUN IS GOING TO SHINE AND $0,07 SUN Price Prediction 2024 - Will SUN Shine Bright?
Based on our analysis, SUN could reach an exciting target of $0.07 by the end of this year.
Current Trends
At the start of the year, SUN's trend looks promising and different from previous years. This isn't just about a percentage increase but also about its overall development.
Year 2023 was a red year and 100% not sumllair as the trends of this year.
The year 2024 already made some start trends also to see on chart.
What’s Next for SUN?
We’re keeping a close eye on SUN because it has shown some very interesting movements recently. For 2024, there are several possible targets:
$0.021
$0.025
$0.035
$0.047
The most optimistic target is $0.07, which would be up to a new all-time high (ATH).
Note
Always do your own research. This is not trading advice. The market can be unpredictable.
The market can go for a time stable, it's about the year 2024 this is not short-term update.
Do you have the KEY?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 KEY has been overall bullish , trading within the rising channel in blue.
Currently, KEY is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a strong demand zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green demand zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #KEY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Understanding my SPY Cycle Patterns - Bottom-103This video highlights the Bottom-103 pattern and how price action (support/resistance/rejection) can be used to confirm and execute better trades.
This is something most traders will easily understand as a BOTTOM pattern reflects a possible bullish price trend - except when price rejects this setup and trends downward.
Learn how my SPY cycle patterns can help you become a better trader.
SUN NEW INCREASE VOLUME TO HIGH LEVELSUN looks to enter an important trend increase with the possibility of a break.
Sun has new confirmation since this week and can show more.
We will follow the trend for SUNUSDT.
AUD/USD shortAUD/USD One hour trading report overview
Tickets (EP): 0.6662
Reason: Select the 0.6662 entry point based on the relative strength index (RSI) and wait for favorable opportunities Opportunities exist during market corrections.This setup suggests the best entry point to capture a potential downtrend.
Stop Loss (SL): 0.6711
Rationale: Stop loss is set at 0.6711, calculated using average true range (ATR) data.This strict stop-loss setting is designed to protect the trade from any unexpected upside, thereby minimizing potential losses.
Take Profit (TP): 0.6601
Reason: Take profit level is set at 0.6601 The strategic goal is to maintain reasonable profits when the price is close to the previous support level and to ensure reasonable profits when the price pulls back.
Profit on this trade: 61pips (610usd/lot)
Please note that foreign exchange trading involves risks and the analysis provided is based on the information provided. Market conditions can change rapidly, so it is important to stay current and consider implementing risk management strategies. It is crucial to monitor the market closely and adjust your trading strategy accordingly
USDJPY shortUSD/JPY One hour trading report overview
Tickets (EP): 156.86
Reason: Select the 156.86 entry point based on the relative strength index (RSI) and wait for favorable opportunities Opportunities exist during market corrections.This setup suggests the best entry point to capture a potential downtrend.
Stop Loss (SL): 157.44
Rationale: Stop loss is set at 157.44, calculated using average true range (ATR) data.This strict stop-loss setting is designed to protect the trade from any unexpected upside, thereby minimizing potential losses.
Take Profit (TP): 155.77
Reason: Take profit level is set at 155.77 The strategic goal is to maintain reasonable profits when the price is close to the previous support level and to ensure reasonable profits when the price pulls back.
Profit on this trade: 109pips (approximately 1,090usd/lot)
Please note that foreign exchange trading involves risks and the analysis provided is based on the information provided. Market conditions can change rapidly, so it is important to stay current and consider implementing risk management strategies. It is crucial to monitor the market closely and adjust your trading strategy accordingly.
S&P500: Is approaching the a significant support areaHey Traders, in the coming week we are monitoring US500 for a buying opportunity around 5240 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5240 support and resistance area.
ETH - Bow and Arrow Trade!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been overall bullish, trading above the rising trendline marked in blue.
After rejecting the $4,000 - $4,100 resistance zone, ETH is undergoing a correction phase and it is currently hovering around the $3,500 round number.
If the $3,500 is broken downward, a deeper bearish correction towards the $3,100 demand zone would be expected.
🏹 The highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green demand zone and blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As ETH approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPUSD idea invalidation (idea correction)News pushed the price through the resistance level. Expect a potential retest of around this level (1.28214). If resistance becomes support, the price may continue in the direction of the current prevailing trend. However, if the price breaks this support level with momentum, it may reverse. In that case, we'll wait for a retest of support now become resistance (again), and confirm the reversal by new lower high or lower low.
HDFC AMC: A 5 Years Consolidation StockHDFC AMC is an Asset Management Company.
Fundamentals of the stock are great.
Profits rising every quarter.
Fiis increased stakes.
xauusd analysisOn last monday we have posted a chart analysis major bullish and bearish points of xauusd. And all our targets were hit ✅✅✅✅
BULLISH:
2335 ✅✅✅
2343 ✅✅✅
2347 ✅✅✅
2355 ✅✅✅
2367 ✅✅✅
2376 ✅✅✅
2398
BEARISH;
2321 ✅✅✅
2312 ✅✅✅
2298 ✅✅✅
2287 ✅✅✅
2282
our analysis for monday june 10 2024
as xauusd has fallen around 120 points or 1200 pips from its top of 2388 on friday a possible retracement can be elicited out.
if the support area from 2288-2282 is not breached then xauusd will fly back to 2333 area where it has major resistance
minor resistance are present in 2304 2315 2321
more updates will be posted soon.
please like share and follow us for more market related updates
SPx500 FORECASTOverview:
- Current Price: 5,348.8, down by 0.10% (-5.3 points).
- Price Action: The index has been in a general uptrend, with some recent consolidation near the highs.
Key Observations:
1. Trend:
- The overall trend is bullish with higher highs and higher lows.
- There has been significant upward movement in late May, followed by some consolidation and minor pullbacks in early June.
2. Recent Price Movement:
- After reaching a high around 5356.8, the price has pulled back slightly and is currently consolidating just below this level.
- The consolidation near the highs indicates a potential continuation pattern, suggesting that the market might be gathering strength for another move higher.
3. Bearish and Bullish Levels:
- Resistance: The recent high around 5356.8 is acting as a resistance level. A breakout above this level could signal further bullish momentum.
- Support: The previous swing low around 5280.0 can be considered a key support level. If the price breaks below this level, it could indicate a potential trend reversal or a deeper correction.
4. Volume and Volatility:
- The chart does not show volume, but the recent price action suggests that volatility has been relatively low in the consolidation phase. Traders will likely watch for an increase in volume accompanying a breakout or breakdown to confirm the move.
Potential Scenarios:
1. Bullish Scenario:
- If the price breaks above the resistance at 5356.8 with strong momentum and volume, it could continue the uptrend, targeting new highs.
- In this case, the next psychological levels to watch would be around 5400.0 and 5450.0.
2. Bearish Scenario:
- If the price fails to break the resistance and falls below the recent consolidation low around 5280.0, it could signal the start of a correction.
- In this scenario, the next support levels to watch would be around 5220.0 and 5200.0.
3. Sideways Movement:
- The price could continue to consolidate between 5280.0 and 5356.8, indicating indecision in the market.
- Traders might wait for a decisive breakout or breakdown from this range to determine the next significant move.
Conclusion:
The S&P 500 index is currently in a bullish trend with a consolidation phase near recent highs. A breakout above 5356.8 could continue the uptrend, while a breakdown below 5280.0 might lead to a correction. Traders should watch for volume and momentum to confirm any potential moves.
Key Levels:
Bullish Lines: 5377, 5405
Pivot Point: 5328.5
Bearish Line: 5300, 5251
NAS100 FORECAST
Overview:
- Current Price: 19019, slightly down by 0.11% (-20.2 points).
- Price Action: The index has been in an uptrend since early May, with a recent consolidation phase.
Key Observations:
1. Trend:
- The overall trend is bullish, with higher highs and higher lows forming since early May.
- There was a significant upward movement around mid-May, followed by a correction and another upward push in early June.
2. Recent Price Movement:
- After reaching a high around 19050, the price has pulled back slightly and is currently consolidating just below this level.
- The consolidation near the highs indicates a potential continuation pattern, suggesting that the market might be gathering strength for another move higher.
3. Bearish and Bullish Levels:
- Resistance: The recent high around 19050 is acting as a resistance level. A breakout above this level could signal further bullish momentum.
- Support: The previous swing low around 18600 can be considered a key support level. If the price breaks below this level, it could indicate a potential trend reversal or a deeper correction.
4. Volume and Volatility:
- The chart does not show volume, but the recent price action suggests that volatility has been relatively low in the consolidation phase. Traders will likely watch for an increase in volume accompanying a breakout or breakdown to confirm the move.
Potential Scenarios:
1. Bullish Scenario:
- If the price breaks above the resistance at 19050 with strong momentum and volume, it could continue the uptrend, targeting new highs.
- In this case, the next psychological levels to watch would be around 19100 and 19200.
2. Bearish Scenario:
- If the price fails to break the resistance and falls below the recent consolidation low around 18900, it could signal the start of a correction.
- In this scenario, the next support levels to watch would be around 18700 and 18600.
3. Sideways Movement:
- The price could continue to consolidate between 18900 and 19050, indicating indecision in the market.
- Traders might wait for a decisive breakout or breakdown from this range to determine the next significant move.
Conclusion:
The US NASDAQ 100 index is currently in a bullish trend with a consolidation phase near recent highs. A breakout above 19050 could continue the uptrend, while a breakdown below 18900 might lead to a correction. Traders should watch for volume and momentum to confirm any potential moves.
AUDJPY - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDJPY has been overall bearish , trading within the falling wedge in orange.
Currently, AUDJPY is undergoing a correction phase and it is currently approaching the upper bound of the wedge.
Moreover, it is retesting strong supply zone marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the green supply zone and upper orange trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #AUDJPY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DJ30 FORECASTBased on the OANDA:US30USD chart, the price at 38790.0 is above the pivot point of 38753, indicating a bullish sentiment. If the price stays above this pivot, it could move towards Bullish levels at 38906 and 39022. Conversely, if it drops below the pivot point, it could target Bearish levels at 38637 and 38484. The current bias is bullish, but close monitoring around the pivot point is essential to confirm the market direction.
Key Levels:
Bullish Lines: 38818, 38906, 39022, 39165
Pivot Line: 38753
Bearish Line: 38637, 38484, 38279
BTC NEW INCREASE VOLUMEFor the low time frame BTC showing a positive trend which can allow BTC to break soon up 72K
FLOKI is Ready To Push Higher!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 FLOKI has been overall bullish, trading within the rising wedge in orange.
Currently, FLOKI is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting strong demand zone marked in gray.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the gray demand zone and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #FLOKI approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDNZD - Wait For The Next Bearish Impulse!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDNZD has been overall bearish , trading within the falling wedge in red.
Currently, AUDNZD is undergoing a correction phase and it is currently approaching the upper bound of the wedge.
Moreover, it is retesting strong supply zone marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the green supply zone and upper red trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #AUDNZD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MOBILE NEW INCREASE VOLUMEMOBILEUSDT has a good chance to show a new increase in volume trend in the coming time, on this reason interesting to check for confirmations.
Good chance means not a guarantee that this coin should increase since it will be interesting depending on the study.
The last week the trend was stable since BTC.
If this coin can get a confirmation, it will be updated further.
Trading is about combinations.
US DOLLAR INDEX The us dollar index opened with a gap. today the us dollar index which was closed at 104.94 opened at 105.5 with 11 point gap.
this gap may be an indication that us dollar is going to resume its upward momentum this week which it has started on last Friday.
if this momentum continues it will be a fall for xauusd.
more clear cut analysis will be posted soon .
but please post your comments which will be helpful to understand what the crowd thinks and thus understand market sentiments.
LIKE BOOST FOLLOW US
XAU/USD - Q2 Market AnalystBased on current trends and analysis, I forecast that XAU/USD will reach a new all-time high (ATH) this week at the earliest and next week at the latest. Therefore, we should consider taking a Long/Buy Action in the market. Here are the key insights:
Reversal: There was a strong rejection at the 2291 area after experiencing a strong rejection at 2393. This is a sign that the market has the potential to move upward. Additionally, this week, on May 10, 2024, the market closed above the support area.
Correction: The market will undergo a correction around the 2393 area before continuing its bullish trend, as long as there are no adverse news or situations affecting the market.
Please remember, this analysis is a personal interpretation of market trends and should not replace professional financial advice. Always conduct thorough research and consult financial experts before making investment decisions.
