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Trend Analysis

Lingrid | AUDUSD Possible CHANNEL Breakout: Buying OPPORTUNITY FX:AUDUSD showed bullish momentum after bouncing off the support level, following a bullish divergence at that point. The market's recent move upward, particularly after taking liquidity below the 0.65500 level, suggests a short-term shift in sentiment. I expect that the market may be forming an ABC pattern heading toward the resistance zone, which could lead to a breakout of the channel. Additionally, the TVC:DXY has formed a bearish long-tailed bar at its resistance zone and is currently showing signs of moving down. This development is likely to support further bullish movement in the AUDUSD market. My goal is resistance zone around 0.66100 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
13
$QQQ $NASDAQ : WE WILL BE AT ATH'S NEXT WEEK. HERE IS THE CURE! NASDAQ:QQQ NASDAQ:QQQ WE WILL BE AT ATH'S NEXT WEEK. HERE IS THE CURE! In this video, we will discuss the following 1.) We will look at the technicals and charts while going over multiple indicators and patterns pointing us in one direction on the markets...HIGHER 2.) Stick around to the end of the video as I give you the CURE to the markets' 3-5% pullback from recent highs, which will indeed take us to ATHs next week! Drop a comment below if you learned something new or want a deep dive into anything discussed in this video today. Stay tuned for more. LIKE l FOLLOW l SHARE NFA
NASDAQ:QQQLong
by RonnieV29
2
Gold rebounds and corrects, waiting for non-agricultural dataIn the early trading of gold, short (buy decline) in batches, 20% of the position, stop loss 6 points, target 2745-2730, break to see 2720 Gold callback near 2718-2720, long (buy rise) in batches, 20% of the position, stop loss 6 points, target 2735-2745, break to see 2750 Currently, the price has fallen below the upper and lower lines, but it did not close below. The key point is whether it can continue today. Today is the first day of the monthly line change. There is a large gap. The probability of covering this month is very high. The four-hour rebound at the lower track support, the overall break Bottom, the hourly chart has a big negative line that broke the lower line and the acceleration line downward. It is currently in a weak correction. Whether it can recapture the lower line and the acceleration line is the key. If it is recaptured, it will return to the second highest point of the second decline last night. So today we will focus on two points, one is 2758, and the other is 67. The support below is still 30, and the second is 2718-08. The 1-hour moving average of gold has begun to turn downward. If the 1-hour moving average of gold forms a dead cross downward, then the downward space for gold will continue to open. Gold will rebound under pressure at 2758 during the day. It will continue to go short at highs below 2758 in the European session. Go short near the current price of 2755. On the whole, today's short-term operation strategy for gold is to mainly go short on rebounds and to go long on pullbacks. The short-term focus on the upper side is the 2758-2760 resistance line, and the short-term focus on the lower side is the 2738-2740 support line.
OANDA:XAUUSD
by hheghheg
#GOAT/USDT Trade Setup. SPOT and FURTURES!#GOAT has broken out and is currently in a retest phase. As this is a meme coin, doing your own research is crucial (DYOR). These coins are highly volatile, so using low leverage is advisable when trading them. Entry Levels: - 0.6628 - 0.6433 - 0.6100 -0.5889 Stop Loss (SL): 0.5505 Targets: - 🎯 0.689 - 🎯 0.723 - 🎯 0.745 - 🎯 0.778 - 🎯 0.812 - 🎯 0.869 ⚠️ DYOR (Do Your Own Research), NFA. Do hit the like button id you want me to post more. Thank you #PEACE
GLong
by Cryptorphic
I CALLED THE $PLTR TOP! Down 8% since. Here's where we are goingNYSE:PLTR CALLED THE NYSE:PLTR TOP AS WELL! Down -8% since. Here's where we are going The thesis explained below: 1.) Williams R% had a down slop if you drew a line from the 01JUL2024 top to the most recent 21OCT2024 top. It hit this top 4 times since the first one and everyone was lower indicating resistance and lower tops. 2.) You have a Multi-year CUP on the weekly without a handle formed. We need to form that handle before we go higher that coupled with valuation and the stock price getting ahead of the company's numbers is another reason that plays into this. 3.) The handle would be a perfect little handle with a Volume profile gap fill down to the next volume shelf at $36.50-$37.50. 4.) RSI was in overbought area and finding multiple tops with resistance. Also, it was hitting and rejecting off the same top as previous ATH's back in Jan2021. 5.) Double top on the stochastic and red through yellow downward. 6.) Just shows the date I called it out which was Sunday. Also, time stamped on my repost here. 😁 Thanks for reading! I hope you enjoyed my reanalysis of a thus far predicted pullback. It may not hit my target but that's not the point. The point is being able to realize when something is lining up to turn against you or turn with you to the upside. Also, to realize the fakeouts in the market like what I believe the pullback is on the NASDAQ:QQQ which I made an in depth video going into depth about just like this one. It's pinned on my profile if you haven't seen it yet. LIKE l FOLLOW l SHARE NFA
NYSE:PLTRShort
by RonnieV29
MY GBPNZD SHORT IDEA 01/11/2024Direction: Short SL: 2.16529 - 2.16417 Indicators: 1. MA (20,50,100,200) 2. Trendline - Algo 3. Support and Resistance 4. I also use MT5 - Tradingcentral tools Time Frame: 4h (I also use other time frames mainly 1D because I like to trade for long period of time) Technical: 1. MA 20 (Yellow) still above 100 and 200 signaling a bull bias but I think this is a pivot and it is the beginning of a bearish setup I think the MA 20 will fall below the 100 and 200 soon. 2. Green trendline was broken previously so I'm looking for a breakthrough the red trendline. 3. Price respected the resistance zone and is falling backdown to support. 5. Tradingcentral tool signaling DECLINE on all time frames but the 1D time frame at the moment. Fundamental and economic: 1. GBP economy has been stabilizing and mildly bullish recently but then took a small hit after the 30 year green gilt auction. 2. NZD has been struggling a lot but I think the upcoming week is in favor for NZD with their unemployment news. 2. I use Edgefinder tool which shows me a score of 4 "Neutral" and it also shows me -5 "Bearish" for GBPUSD. 3. Q4 historically is bearish for this pair according to the seasonal indicator by Tradingview.
Short
by stingotho
BLS INTL SERVICES - Ready for a short term Up MoveThe stock had undergone a big correction even before the recent small cap index correction. The stock fell almost 28% from 475 to 340. It was pushed below the 200 DMA, from where it has been recovering. Even during the recent correction in the small cap index, the stock was in fact showing lot of strength and the relative strength compared to the small cap index is positive now. It is also making higher highs in the daily frame while it is still continuing to make the higher highs and higher lows in the weekly time frame as well. Now, it has also crossed above the short-term moving averages and the previous daily pivot. So, the stock looks likely to test 475 levels. So, I am looking at 15% returns in the short term from the stock. Of course, one has to always keep in mind the overall market weakness.
NSE:BLSLong
by karthikmarar
2