Hi all, Here we are breaking down SG30 Clearly we are in a very strong Bullish Trend and we have been for a while now, I would preferred to look at trade ideas supporting the trend continuation. The Preferred Trade Idea would be a break out of this Consolidation phase which is a wedge pattern into the Demand zone, sweeping Sell side Liquidity and then Buying looking to take out the Buy side Liquidity or you could use the Inverse FVG for the TP too OR We could potentially look for a smaller counter Trend idea selling from the Inverse FVG after sweeping Buy side Liquidity and selling into the Sell side Liquidity. Follow me to stay connected
NZD opens the week with strong bearish momentum, signaling potential downside continuation. Meanwhile, JPY gains strength amid USD weakness, adding to the pressure. With a failed bullish breakout, a possible double top formation could push prices down toward the 85.000 level. Will this key support hold, or is further downside ahead? Share your thoughts in the comments!
This weekly chart provides a broader perspective and helps identify longer-term targets and trends. 1. Price Structure (Elliott Wave Projection): The chart suggests a potential 5-wave Elliott structure, implying a medium-to-long-term bullish reversal pattern. Wave (1) starts from the current support (~1.2 USDT) aiming towards ~6.1 USDT. Wave (2) is projected to pull back after reaching ~6.1 USDT. Wave (3) could extend up to ~16.7 USDT, making it the strongest wave based on Elliott Wave Theory. Wave (5) targets the ~20.99 USDT region as the final bullish extension. 2. Ichimoku Cloud: The price is still far below the weekly Ichimoku cloud, signaling a strong long-term bearish trend. However, the current price level (~1.28 USDT) is near historical support and the chart indicates a possible long-term reversal. 3. RSI (14): RSI is currently at 28.90, near the oversold region (
USOIL will test the resistance near the range of $68.5 - $69 this week. When it reaches this area, you can start shorting crude oil. Crude oil trading strategy: usoil sell@68.5-69 tp:67.5-67 Currently, my account balance has grown from an initial $40,000 to $800,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
Break out brewing for tataelxi at 5500, next resistance at 6000
Technical Analysis: The stock is currently trading at its all-time high of ₹1,367, which may appear attractive to new investors. However, a triple top pattern is forming, indicating potential resistance at this level. This pattern is considered a bearish signal, suggesting that the stock may face rejection from this level. A potential downtrend toward ₹1,200 seems likely based on this pattern
Bitcoin Dominance Fakes Breakout After Hitting Trendline and Will Soon Fall A small altparty might be on the way.
STRK ~ 1D Analysis #STRK High risk trading. Buy gradually after successfully penetrating this resistant line with a short -term target of at least 10%+.
The after a good bullish run the GBPAUD seems to slow down and change its trend to bearish one. Bearish Points: -RSI Bearish Divergence -Double Top Formation
Price gave us an expanding pattern on the 4H timeframe, and a bearish flag on the 1H timeframe that act as a confirmation for price to push to the upside. For entry point we have to wait for price to break above the flag pattern and take a reduced risk entry