Gold is currently positioned within the confines of a bearish parallel channel, trading at its midpoint. Anticipation of a downward movement arises due to the presence of multiple overhead resistance factors, including: EMA100 Significance: The EMA100 serves as a noteworthy barometer for short sellers, indicating a pivotal level with potential implications for...
After almost a year of consolidation within an accumulation box, FNEL has given a breakout and successfully reached its target. Presently, it has encountered resistance at the horizontal zone of 7.0, which marked the first high of the current rally. It is expected to retrace, forming a higher low near the EMA or retesting the accumulation box. There are two...
TESLA INC Tesla has broken its short-term downward parallel channel (highlighted with dotted lines). It has completed its correction and is attempting to revert to its primary bullish trend. A minor resistance may pose a challenge for Tesla, represented by the falling resistance (double line). We anticipate an upside movement until 313, which serves as a...
HTL has just broken its downward trend after the formation of an inverted head and shoulder pattern (bullish reversal). We are currently witnessing a bullish trend with a first upside target of 36 and 37. Dynamic support (EMA) can be used as a stop-loss for any long position.
Searl Pharma Searl is an excellent choice for a long-term investment (1 to 2 years timeframe). It has recently broken its downward trend and moved to establish its first high. We anticipate this momentum to persist for a while, and the upside appears promising for long-term holders. A strict stop-loss should be used below 47 for any long position.
TRG PAKISTAN The Bigger Picture: First, TRG is still trading within a bearish parallel channel, as indicated by the solid black line. It recently experienced a downturn from the 99/100 area, which serves as both a psychological level and the upper boundary of the parallel channel. A potential healthy breakout is anticipated above the channel, ranging from 99 to...
Update: Bitcoin is restesting its major breakout level for $25500 which previously break on Mar 17 2023. Exactly 2 month later BTC has approached this level where EMA100 resides too. EMA100 remain significan in BTC major trend shift check our update on (2nd March 2023) Long positions are suggested on bullish signals from support with stick Stoploss on last...
PEPPERSTONE:EURAUD Price is testing 2-year-long resistance (1.64585) escape from this resistance zone may yield a13% gain with the following trade plan: Trade plan Buy if the price close above 1.64595 TP 1 .70315 (3.66%) TP2 1.76750(7.93%) TP3 1.86453(13.40%)
PEPPERSTONE:ETHUSD Price remain in cosolidation from Aug22(1773. Let it breaks and hold above this supply belt for following targets. TP1) 2436 TP2) 2548 TP3) 2896
PEPPERSTONE:GBPUSD struggling to closed above 124480 since jun22 ! if the price manages to close the above-said level we may see the initial target of 1307 (5%)
NYSE:F Price maintian its horizantal support since FEB21 TRADE PLAN 1) BUY: AROUND 11.50/10.88 SL: CLOSING BELOW 10.50 TP: 14.25/14.50 (23%) TRADE PLAN 2)BUY: WHEN THE PRICE CLOSE ABOVE 14.50 SL: CLOSE BELOW 14 TP1:16.83 (16%) TP2:17.87 (22%)
GOLD FXOPEN:XAUUSD Price remain in an upward channel on an hourly basis since 27/28 mar if it keeps remain in the said channel as shown in the chart it will achieve TP of 1990 which is the upper boundary of this channel. Failed to hold this channel we may see the downside in price !
ZILUSDT has finally break its 2 weeks horizontal range and currently retesting it. We have harmonic AB=CD pattern which provide upside target of 18 percent. The only condition here is closing bullish candle on the range top. Good Luck for healthy gains.
BITCOIN is showing some major moves since the start of this year 2023. Is this the year of BTC where we witness new highs in making?? On daily tf, the major trend indicator 100DEMA indicates the shift in trend when #BTC breaks above it on 12th Jan. However some key levels for btc is yet to break. $25500 is the first hurdle for BTC to continue its upward...
USDCHF in shorter timeframe has approaching to its rising trendline support. It is also completing bullish gartley pattern which indicates reversal.
SOLUSDT has broken the falling channel & is breaking upside. We are expecting bullish upside in the coin to atleast 23.8 in the short term. In the longer term, the SOLUSDT is forming ABCD harmonic pattern which is targeting to 28. Let us know what do you think of the idea.
NZDUSD is currently standing on horizontal resistance zone of 0.62750 where bulls are trying 4th attempt to breakout from the start of March. The all previous attempt in March were made when EMA200 was above the price hence bulls were never strong. This time EMA is acting as support in favour of bulls to surpass this resistance. We can witness upside in...