Hi traders, The last two weeks the price action of EU went as I've predicted in my outlook. It finished the correction down and after that it went up impulsive to follow with another correction down. This does not look like an impulse wave 3 so I think I have to update the wavecount later. But at the moment this pair is still bullish. So next week we could see another impulsive wave up into the direction of the Daily FVG higher. Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bullish and a small correction down on a lower timeframe to trade longs. If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. Don't be emotional, just trade! Eduwave
World Kinect Corporation (WKC) is a global energy solutions provider specializing in fuel, logistics, and sustainability services. The company helps businesses optimize energy use, manage fuel costs, and transition to cleaner energy sources. As demand for efficient energy management and sustainable solutions continues to grow, World Kinect is positioned to benefit from expanding global operations and increased focus on renewable energy. The stock chart recently displayed a confirmation bar with rising volume, pushing the price into the momentum zone, which occurs when it moves above the 0.236 Fibonacci level. This signals strong investor confidence and suggests the potential for continued upside as buying interest strengthens. Implementing a trailing stop helps traders balance risk management with profit potential. By adjusting stops based on Fibonacci levels, traders can remain in the trade while the stock trends upward, securing gains if momentum weakens. This approach helps avoid early exits while ensuring profits are protected if the stock reverses.
NASDAQ:TEM Called the DIP, Now calling the RIP! $115 Inbound! ? - Volume Shelf - Retesting previous highs to flip into support - WCB Creating support and bottom - H5 is GREEN with BUY SIGNAL - Down on market weakness Not financial advice
The Silver (XAGUSD) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The price action is creating a sequence of higher highs and higher lows. The recent consolidation appears to be a corrective pullback. The key trading level is at 3197, which is the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 3197 level could target the upside resistance at 3253 followed by the 3285 and 3316 levels over the longer timeframe. Alternatively, a confirmed loss of 3197 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 3166 support level followed by 3130. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Here is my thought process on gold for next eek. Bias has switched to bearish to due to higher TF ChoCh and simple SMC. I am expecting a gold drop of over 600 Pips this week. Risk Wisely?
Memecoin Farting Unicorn by Elon Musk on Solana. Long to the 20M mk.
NASDAQ:LCID - Massive Opportunity into Earnings! - Falling wedge breakout-retest-higher - Volume Shelf with GAP - Green H5 Indicator - Up-trending Wr% PTs: $4.50 / $7 Measured Move: $9.75 Not financial advice
AMEX:SPY SP:SPX : Contrarian Take! Market about to RIP FACES OFF! ? $631 Inbound! ? Same outcome different reason since Sept. Not financial advice
The GOLD (XAUUSD) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be an overbought consolidation after reaching the all time high on 20th Feb ‘25. The key trading level is at 2900 level, the consolidation price range and also the current daily pivot level. A corrective pullback from the current levels and a bullish bounce back from the 2900 level could target the upside resistance at 2931 followed by the 2950 and 3000 levels over the longer timeframe. Alternatively, a confirmed loss of the 2900 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 2879 support level followed by 2865. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
The current demand level can be expected to hold strong. Weekly candle also showed strong rejection from this level.