POL has recently emerged from a significant downtrend following an extended period of consolidation. It has successfully surpassed the 0.2200 resistance level that defined this consolidation range and is now working to maintain its position above this threshold. This presents a potential opportunity to enter a long position, with price targets set between the 0.2400 and 0.2500 levels.
GBP/USD 1H - As you can see price is now looking as though it is going to put in this corrective wave trading us up and into the Supply Zone above, in doing so it should give us the opportunity to enter in on this market. I want to see price trade up and into this area for two reasons, one to clear the orders which will encourage a reversal in the balance and secondly to set a Lower high within this higher timeframe bearish structure. Once price does trade us up and into this zone we can then begin to look for those short opportunities, we will want to see price trade in, clear those orders and break structure to the downside fractally. A break in the structure to the downside will confirm and end to the correction and the start of the next impulse, this giving us the confirmation to trade this market short following the higher timeframe structure of this market.
FCX Looking for a potential buy! ? Technical Context: FCX had a tremendous up-beat with 24% increase in the stock just in march! MACD Bullish Crossover: A clear bullish cross on the MACD confirmed upward momentum. RSI Strength: The RSI remains in bullish territory, signaling further upside potential. Favorable Risk-Reward Setup: The stock maintains support above breakout levels, offering an attractive trade opportunity. ? Fundamentals Analyst Upgrades: J.P. Morgan and Scotiabank both issued upgrades and increased their price targets, reflecting confidence in FCX’s future performance. Tariff Advantage: Potential U.S. tariffs on imported copper could benefit domestic producers like Freeport-McMoRan, increasing their advantage. Strategic Policy Support: FCX is advocating for copper to be classified as a critical mineral, which could unlock tax credits and boost annual profits by up to $500 million. ? Trade Plan ? Entry: 41.90 ✅ Target: 58.30 ❌ SL: 23.90 ? Looking for a potential 35% increase!
? TADAWUL: 3050 (Southern Province Cement Co.) The stock has entered a long-term demand zone near 30.70–32.00, showing historical support. If this zone holds, a potential bullish reversal could take price first toward the 36.90 resistance, then to 44.00, with a final target around 46.35. Trade Idea: Entry: 32.00–33.00 (inside demand zone) TP1: 36.90 TP2: 44.00 TP3: 46.35 SL: Below 29 Bias: Bullish (as long as price holds above 30.70) Narrative: Accumulation in demand zone with a possible shift in trend.
Price is currently bullish, structure turned bullish from last week's CHOCH and Mondays subsequent break of structures to make price bearish for the short=term, how short-term is price bearish for ? i have no idea but price will definitely still go for the ATH maybe inside this week or early next week which will be a new month (April). Right now, I'm bearish still hence this setup, it's actually a decent setup though (OB+IDM to take out the trendline liq) Disclaimer: Do your own analysis and please kindly risk what you can, apply proper risk and money management.
daily high bullish exhaustion use proper risk management
Good Day, Traders! The Stock DIB at #DFM bounced twice from Golden Ratio of Fibonacci Retracement after providing dividend. This makes the golden ratio a respectable support. The stock is expected to rise from here with few corrections. We may have a profit taking opportunity. Good volumes further enforces this idea. The trade maybe taken now if not taken earlier. Below is a trade plan: Trade Plan: Buy: 7.00 Stop Loss: 6.42 Take Profits: 7.68 & 7.92 Happy Trading!
#GTAI The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.1844 We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 Moving Average. Entry price: 0.1850 First target: 0.1870 Second target: 0.1895 Third target: 0.1918
If 108k wasn't the top. We're looking at 180k or prephecy 444k.
In my analysis, we are observing signs of weakness in the Euro, as indicated by recent candlestick formations that reflect a notable lack of buying pressure. This behavior appears to be aligning with key Fibonacci retracement levels, suggesting a potential transition towards lower price levels. I anticipate that in the pre-New York session, we may witness a temporary fake-out before a subsequent downward movement. Traders should exercise caution and consider these factors in their decision-making process Follow me for more breakdown!!