In a recent video, I covered a trade idea prior to the Gamestop (GME) bull rally. Since then, we’ve observed a significant bearish movement. I’m closely monitoring the current price level for another potential buying opportunity, provided that price action aligns with my analysis from the video. The market is currently moving sideways, and if we wait for increased...
The Aussie (AUD/USD) is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 0.6562 which is a swing-low support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 0.6502 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit...
NEAR: Two Targets Reached - More Price Decline is Expected From our previous analysis, the price reached our targets. Today NEAR is showing that it can move down more as the bearish volume is increased again during the last couple of hours. 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if...
From the previous day we saw eurjpy still making lower highs on the 4hr timeframe following the bearish close from last week.
Trader Tom, an investing.com technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
I've been posting silver analysis and have been trading it quite a bit lately. It has a lot of potential opportunity, but it's a dangerous asset to trade and I'm probably going to stop looking for trades on it as much for a while. But hopefully this idea may help those who are planning to trade it.
In this video, we provide a succinct analysis of the U.S. Dollar Index (DXY) and its potential impact on USD pairs. Following recent bullish momentum, the DXY has become overextended, reaching resistance levels. Currently, we observe a significant retracement toward support. Our main goal is to identify an optimal buy entry point within this critical support zone,...
A quiet day in the S&P 500 is expected for Tuesday as the market gets ready for the fundamentals coming out on Wednesday.
Recently, the US30 has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback. The video discusses the Dow Jones prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
Discover the best strategies for trading gold in 2024. Learn how to analyze market trends, identify key support and resistance levels, and make informed trading decisions. Whether you're a beginner or an experienced trader, these tips will help you succeed in the gold market.
At first glance, USDCAD might seem to be moving sideways on the highest time frame. However, a closer look at lower time frames—daily, H4, H1, and 15 minutes—reveals a different story. The pair has been consistently forming bullish patterns and breaking previous highs. This suggests a strong possibility that USDCAD is gearing up to target 1.39000. It’s only a...
Below mentioned points are discussed in my post analysis video(Fast forward to 0:42 for Hindi Audio) -No Trades in the morning -Good Volumes in nifty before 10 -Sold Nifty around 23300 for a new low -How will i trade when market opens tom
GBP/JPY is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 197.72 which is a swing-low support. Stop loss is at 197.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 200.74 which is a pullback resistance. High Risk Investment...
The Nasdaq 100 (NAS100) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 18,938.13 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 18,670.00 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take...
We can see that GME Gamestop has rallied. If you haven't already it's time to move your stop loss to break even from my last video trade idea. In this video we look at price action and discuss a new trade idea. But ways this is for educational purposes only and not to be construed as financial advice.
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 76.59 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 79.00 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
Based on our weekly analysis yesterday, CADJPY is one of our Sell Pairs. We are trading the CAD/JPY for a short-term sell looking for a target below 113.30. Stop loss above 114.40.
Aw we monitor GU for this London session looks like it wants to continue. We have USD news tomorrow that can shift everything. So we have to be cautious.