USD is not in the best shape! Yen is the most recent safe haven with their recent rate hikes. Market favours JPY. This is the best trade I could find in the market. Best of luck and happy trading!
Well intervention or no intervention, market did take a major hit yesterday. Pertaining to this it managed to break lower than 103 support area. The only possibility I see next is 101.3 i.e. the blue box.
Yeah we heading down. Following are my reasoning to advocate reversal: 1- Bearish Bat 2- Strong daily rejection from a supply area 3- Weekly strong bearish so far 4- Broken uptrend channel Wait for a little pullback to sell and best of luck!
Gold broke structure last week under 2393 and now underwent a structural retest in last 8 hours of Friday. With the second last H4 as a shooting and last H4 as hanging man on some other brokerages, we are confident that correction is finally over that started form 2353. This correction eventually concluded with a broken structural retest which shall now be...
Wait for a bounce, although H4 already rejected but better wait for a daily candle signal. Best of luck UJ will show you the real moon soon inshallah B).
With that giant W and daily supply area I believe the sell is near. Feel free to sell with first rejection H4 here. Expect the Green Box. But dont make haste! wait for the proper signal, your stop loss is above the Supply area.
It is quite evident since April, 2024 that USDCAD has been following a ranged price movement. Last week, I personally had high hopes that BOC might finally be able to pull it off by breaking through the range bottom and head towards the true demand area at 1.32xx. My expectations were based on an assumption that since DXY was evidently heading bear, Loonie might...
To be honest I do not personally trade stocks and indices, but I sure can let you guys have my insight on it. With a P/E of 61+ and a P/B of 12.2, Tesla is extremely above the mark where it should actually be. This recent weekly bounce is the evidence that Tesla has gained above the real valuation and it might undergo a fall. Therefore, my opinion on Tesla is...
Alright folks, I took my time over weekend and looked at our beloved fiber again. The bullish wave that we managed to identify in our previous idea (see related ideas) seems to continue higher. as you can see in this chart we have marked even a greater reversal on daily chart with an inverted head and shoulders. Pertaining to this, the next most probable target I...
We have recently tapped daily demand area a few days ago, that is where institutes longed last time. Now considering the current PA it has formed a triple bottoms so far (Sign of reversal). Now, as long as the third bottom is intact, we should be ok to expect EURUSD to hit the supply area above. Even if your SL hits, the signal is valid as long as daily demand...
Daily supply area bouncing price! enter now, add when uptrend channel breaks best of luck!
bearish flag broken = red boxes are possible targets first red box = next demand second red box = fib 1.618 (2248) to flag structure target (2238)
Pennant = continuation pattern Break and retest = Entry Target next supply area! further confirmation = previous weekly and daily! Buying the pullback
Bullish bat = Reversal Demand tap and bounce = Signal Target = Next supply (bat recent high area)
double tops reversal + retest = check Uptrend structure broken = check Go sell Fiber!
Head and shoulders indicating targets in the red and orange demand areas. Best of luck!
broken flag + demand zone bounce from earlier = Hitting next supply Dont bother to take the trade, we are already very late on this one! we will see if it comes to retest the flag area then we might enter otherwise it is very poor RR
Broken supply = Demand area Expect the next supply!