A good opportunity to short Oil has come up. There is a bear flag on the 4H timeframe…now potentially forming a retest wedge pattern into the point of interest I have marked out. This is a 1:11.44 R trade and if held to $60.50 which is where I think Oil is heading to by May, then it is an 80R opportunity- though I do think it best to take most of the profits off at the conservative target market out as it could create continuing forming this bear flag higher up. Risk to reward rating for target 1: 7/10 Chance of success if it follows path: 7/10 Overall rating 7/10 Risk to reward rating for target 2: 10/10 Chance of success: 3/10 Overall rating: 7/10
we can see range on daily chart. We are now on the lower band where we can look for long setups. Little specaultive trade can be seen on chart. What give the confidence in this trade? if you look OBV is incresing specialy from prevous low the OBV value is much higher! Tha means we have strong buying presure. Have a nice day and Be safe ;)
Rsi and macd are indicating a breakout soon. Buy it if you can. GaN is the replacement of Si going forward
Chola fin is looking steady on charts and it has a good potential for upside in the short to medium term. The base level for upside would be 1485, and up on crossing this level, we can expect it to continue momentum upto levels of 1656-1716. On the downside, the important support area is 1415-1360, and imp. short covering levels are 1309 and 1258. The view remains invalidated if Chola fin breaches 1250 on the downside. NOT A BUY/SELL RECOMMENDATION.
I’ve just entered a position in PayPal, and the reason is that several overlapping factors are lining up in a way that suggests a potential bottom may be in. First, it looks very likely that Wave (2) is complete. The stock tapped the 61.8% Fibonacci retracement level with precision and has held that level over the past few days – all while the RSI has been climbing, which is a strong bullish divergence signal in my book. Second, PayPal just touched last year’s VWAP level perfectly, which I view as another strong technical indicator for a potential reversal. How far this move could go is still unclear, but the open gap above is definitely something I’m watching closely. For that to be in play, $71 needs to be reclaimed. And from here on, $66 should not be touched again. That’s my plan – and that’s how I’m trading it. Let’s see if the market plays along.
Hey folks, a few days ago, we did an analysis on ? #PENGUUSDT, wondering whether it would be a bird or a fish. And just so you don’t forget, I’m sharing it again... #PENGUUSDT.P decided to be a bird, folks! ✨ Buckle up—#PENGUUSDT ? is taking off! ????⚡⏳ Manage your risk, stay in the game! ?? Let me know what you think in the comments—let’s discuss! #AlyAnalysis #TradeSmart #CryptoVision #PENGUUSDT ?
full retest of the broken trendline, confirming it as resistance will lead to filling the gap around 70$
Nas has found the floor respecting 19000 Lows Price has broken Structure and approaches 20k Next Target ATH of 23k SWING TRADE ENTRY @ 19,463. 03/17/2025
CAD/CHF has shown a clear reversal, forming higher highs and higher lows. This shift in structure indicates the beginning of an uptrend. As long as price action maintains this pattern and does not break key support zones, we expect a move toward 0.6220.
### **1. Bearish Technical Indicators** - **Rising Wedge Breakdown**: chart shows a rising wedge, a bearish reversal pattern. Price has already broken below the lower trendline, signaling potential downside momentum. - **Bearish Divergence**: - The **RSI** is making lower highs while the price made higher highs → Indicates weakening buying strength. - The **MACD** also shows a bearish divergence, meaning momentum is slowing down. - **Moving Average Rejection**: The price is testing short-term moving averages (red and blue lines). If it fails to reclaim them, more downside is likely. ### **2. Fundamental & News Factors Supporting a Sell** - **Stronger U.S. Dollar**: - If the **USD is rising**, cotton (which is priced in dollars) becomes more expensive for international buyers, leading to lower demand and falling prices. - **Weak Demand from China**: - China is a major cotton importer. If their economic data (like retail sales or industrial output) is weak, it signals lower demand for cotton, pushing prices lower. - **Higher Cotton Inventories**: - If recent USDA or global reports show higher-than-expected cotton supply, that adds to selling pressure. - **Seasonal Pressure**: - Cotton prices often decline after seasonal peaks, especially if new harvests increase supply. ### **Conclusion** - **Technical Breakdown** (wedge break, bearish divergence) + - **Fundamental Pressure** (stronger USD, weaker demand, high supply) → **Bearish Outlook** If these factors continue, selling cotton could be a solid trade. Do you want to discuss potential targets or stop-loss levels? **(Not Financial Advice: Do your own research before trading.)**