Recently, XAUUSD broke its previous high, reaching $2,304, its highest point. From a technical analysis perspective, a healthy correction seems likely, which could create ample room for future growth. Gold has been following an upward trend within a channel marked by blue dots and has just touched the upper boundary(line) of this channel. I believe there's a good...
The stock symbol of Robinhood, known as " NASDAQ:HOOD ," has been consolidating within a symmetrical triangle pattern for several months. However, recently, it has started to break out on the weekly. Hoping to see the next resistance level around 15.
US100 index pullback idea, hoping to see 14255 area support.
The US30 index has broken out from its upward trend channel, and I am anticipating a deep pullback. Once the price reaches my predetermined target and provides me with confirmation, I will look for a long-term swing to the upside. However, if the price surpasses the downward channel it is currently confined within, I will exit my position.
Tesla is a leading electric vehicle (EV) manufacturer and clean energy company known for its innovative and sustainable approach. Led by CEO Elon Musk, Tesla has revolutionized the automotive industry with its advanced electric car models and is driving the transition toward renewable energy. The TSLA stock is currently following a significant downward trend and...
The XAUUSD currency pair has been consolidating within a bearish triangle pattern for days, but it has recently experienced a downside breakout. The price encountered significant rejection near the 61.8% Fibonacci level, and the price action appeared favorable. It is advisable to exercise patience and await confirmation that is consistent with your trading style...
I have included a daily chart of the US30, which indicates the presence of a potential head and shoulders pattern. However, this pattern has not been confirmed yet as it requires a break above the former strong resistance level known as the neckline. If we do manage to break above this neckline, there is a chance for a swing opportunity upward (marked red arrow). ...