SILVER Trading Opportunity! BUY!
My dear followers,
This is my opinion on the SILVER next move:
The asset is approaching an important pivot point 27.222
Bias - Bullish
Safe Stop Loss -26.487
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 28.310
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Longs
TESLA Set To Grow! BUY!
My dear subscribers,
TESLA looks like it will make a good move, and here are the details:
The market is trading on 147.01 pivot level.
Bias -Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 155.99
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GOLD Sellers In Panic! BUY!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 2322.8 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2362.6
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EURUSD: Bullish Continuation is Expected! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
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USOIL What Next? BUY!
My dear friends,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 82.07 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 83.70
Recommended Stop Loss - 81.04
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
NZDUSD Expected Growth! BUY!
My dear followers,
This is my opinion on the NZDUSD next move:
The asset is approaching an important pivot point 0.5925
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.5937
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
We are fulfilling the bullish "Megaphone Pattern"! $85,000 soon?We have been building a bullish megaphone formation for over 3 years now and looking at the 1T timeline, we are getting closer to breaking it.
What is Megaphone Pattern
This formation consists of 5 swings, i.e. at least two higher highs and two lower lows. It is relatively rare compared to other triangles or flags. Typically, this pattern is visible when the market is at a top or bottom. The longer the time frame, the better, the pattern will work, also considering that it is on a weekly chart and currently lasts about 1190 days, increases its probability.
Currently, the most important resistance that we need to stay above is the previous peak of the bull market, i.e. $69,275. If we break this level and stay above it, the next stop should be around $86,000-$90,000, depending on how quickly we get there. The faster you go, the lower this level will be. After the breakout, we should retest the upper wall of the formation, which would confirm another upward swing around $100,000. I would like to emphasize that this is only a formation from technical analysis, which is not 100% effective like any other and there is no guarantee of breaking the upper wall of the formation. Although looking fundamentally in the coming weeks in which we are now (cyclicality, inflows from ETFs, we are after halving, soon ETF on ETH and presidential elections in the USA), I think that the probability of coming out on top is certainly higher than lower 📈
Have a nice day 😉
GOLD Technical Analysis! BUY!
My dear subscribers,
This is my opinion on the GOLD next move:
The instrument tests an important psychological level 2340.9
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2369.0
My Stop Loss - 2325.2
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
SPY My Opinion! BUY!
My dear friends,
My technical analysis for SPY is below:
The market is trading on 495.10 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 505.99
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBPAUD The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The price is coiling around a solid key level - 1.9152
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.9230
Safe Stop Loss - 1.9101
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
CADJPY: Will Keep Growing! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the CADJPY pair which is likely to be pushed up by the bulls so we will buy!
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GBP/JPY Bullish idea 23/04/2024Price has been moving down on the 30m and 4h chart creating lower highs and lower lows but this morning price broke the most recent resistance indicating a possible change in structure. This was confirmed with a higher support on the 30m chart which means trading this time frame alone I would be looking for buying opportunities. It is nice confluence to see this on both time frames
Price on the 4h has closed above range support so if price can remain above the support it makes sense to see further upside. Waiting for the next support to form on the 30m chart would be an indication to get involved in to trade price to the next resistance looking left and this aligns with the top of the 4h range
This is very basic price action and not something I will be trading as it does not align with my trading session however I often plot these areas to give me a wider picture on what structure is telling me so I thought why not post
GBPCHF: Bullish Continuation & Long Trade
GBPCHF
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GBPCHF
Entry - 1.1324
Stop - 1.1283
Take - 1.1389
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCAD: Long Signal Explained
GBPCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPCAD
Entry Point - 1.7012
Stop Loss - 1.6958
Take Profit - 1.7099
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.0640
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0658
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPNZD On The Rise! BUY!
My dear subscribers,
My technical analysis for GBPNZD is below:
The price is coiling around a solid key level - 2.0843
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 2.0938
My Stop Loss - 2.0792
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBPJPY Massive Long! BUY!
My dear friends,
Please, find my technical outlook for GBPJPY below:
The instrument tests an important psychological level 190.56
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 191.38
Recommended Stop Loss - 190.11
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
USDCAD: Will Start Growing! Here is Why:
Balance of buyers and sellers on the USDCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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