GULFOILLUB daily timeframe i just shared my experience it is not an invite or recommendation to trade. if youn any doubt means Please leave comments for any query. best wishes DYSON
I believe we may see a potential bearish structure commonly referred to as the “Bart Simpson” pattern, followed by a clear upward trend with a prolonged rally and periodic signs of European recovery. This outlook is supported by the expectation that the United States will move away from Democratic governance, and that a similar shift will occur in core European countries that were previously undermined by these corrupt, progressive left-wing governments.
3x potential ends of wave 5s, Likely to see some significant moves up to finish a wave It will be interesting to see what happens from there but I suspect there will be some retracement and possible complex correction for quite a while before pushing higher The triangle is over a decade long... so likely to continue higher medium to long term
MANTA is holding steady at a strong support zone, showing bullish potential. If this level holds, the next target to watch is $1.3. Keep an eye on market sentiment and volume for confirmation of the breakout!
Today, I have placed short trades on GER40. I can see that I believe this is a rounded top formation and using the fib retract I believe this is a good entry point for a short trade. SL is placed at the nearest peak on the 2H candles. TP is 19.800.
#XAUUSD firstly today Is Fed rate, price expected maybe differ from what we are expecting. #Gold have been sideways since past hours which holds multiple breakout, now below 2645 holds bearish which will fall below 2639-2628, stop loss 2652.75, but if the H1 candle closes any longer candle on buy then possible reach is 2674 which holds sell retracment also.
Nasdaq Time 15 minutes analysis and signal Due to the failure of the upward trend line and keeping the important support number of 22000 today, we are an indicator buyer towards the target of 22180 and 22250.
NZDUSD: Approaching a Critical Support Zone Amid a Strong Bearish Outlook The NZDUSD pair is gravitating towards a significant support zone that it last tested over a year ago. This return to familiar territory comes under the shadow of a strengthening US dollar, which continues to exert downward pressure on the pair. The growing momentum behind the dollar and New Zealand's lackluster economic fundamentals are intensifying the likelihood of a major support level breakdown, potentially paving the way for deeper declines. Bearish Momentum in Full Swing The broader downtrend in NZDUSD remains firmly intact, driven by several key factors: Rising Dollar Strength: The US dollar has been bolstered by robust macroeconomic data, tighter monetary policy signals, and increased demand as a safe-haven asset in a volatile global environment. Weak New Zealand Fundamentals: New Zealand’s economic landscape offers little support for its currency, with lower growth forecasts and subdued sentiment adding to the downside pressure. Technical Weakness: The price action clearly reflects sellers' dominance, with the pair facing persistent resistance while struggling to hold onto key support levels. Testing Key Zones: Resistance vs. Support The pair is currently navigating a critical battle between resistance and support levels. A detailed breakdown is as follows: Resistance Levels: The 0.577 and 0.5817 levels are acting as formidable barriers for any bullish attempts. Each time the price approaches these zones, selling pressure intensifies, capping upward momentum. Support Levels: On the downside, 0.575 serves as an immediate level of interest, while the next significant floor lies at 0.562. This lower support remains untested in recent months and could act as the next price magnet should the pair breach the current descending channel. Descending Channel in Focus The NZDUSD is confined within a well-defined descending channel, which has dictated price movements for several sessions. Currently, the lower boundary of this channel is acting as temporary support, holding the pair above critical levels. However, the technical picture suggests that any decisive break below this channel could trigger a cascade of sell orders, as there is minimal structural support below until 0.562. Scenario Analysis: What Lies Ahead? Bearish Breakout: If the descending channel support fails and the price consolidates below this level, we may see a rapid acceleration of the downtrend. In this scenario, sellers would likely push the price toward the 0.562 mark, with minimal obstacles in their path. Temporary Correction: While bearish sentiment dominates, a temporary corrective bounce cannot be ruled out. Should buyers manage to defend the current support zone, the price could revisit the resistance levels at 0.577 and possibly 0.5817. However, such a move would likely be limited to short-term retracements rather than a trend reversal. Support Retest and Breakdown: The most probable outcome remains a retest of the support zone. Given the current macroeconomic backdrop and technical setup, any subsequent breakdown of this support could trigger fresh selling, opening the door for a deeper slide to 0.562. Conclusion: Downtrend Unlikely to Reverse Despite the possibility of minor corrections, the overall picture for NZDUSD remains overwhelmingly bearish. The combination of a strengthening US dollar, weak fundamentals for the New Zealand dollar, and a bearish technical setup creates a perfect storm for continued downside pressure. Traders should keep a close eye on the support zone near 0.575 and the descending channel boundary. A decisive break below these levels would confirm the next phase of the downtrend, targeting 0.562 in the near term. On the other hand, a sustained bounce above current levels might offer a brief reprieve, though it is unlikely to signal a reversal of the prevailing bearish trend.
Hi Leute! In dieser Serie von Uploads werde ich die Grundlegenden Konzepte, die ich im Trading täglich nutze simpel erklären. Wenn du neu im Trading bist, kannst du hier einiges Lernen und ich empfehle dir deine Fragen in die Kommentare zu schreiben. Ich werde dir dann sobald ich es sehe antworten :). Ihr wollt direkt mit mir und anderen euer Wissen erweitern? Schreibt gern in die Kommentare!
“The White Lotus” bekommt eine dritte Staffel. Alles, was du über Besetzung, Inhalt, Starttermin und Drehort wissen musst.