Price is moving in bullish trend. No bearish divergence is formed.
hello , good morning , another opportunity in forex trading , Market is pulling down to complete the E Wave in ABCDE Correction. Best of Luck 1. Trade according to your account balance 2. Risk Management 3.Thank you
Gold's daily surge hit the previous high again. After the previous M-top was formed, it retreated and tested the MA10-day moving average at 2877, then stopped at the 7/10-day moving average and continued to open upward. The RSI indicator continued to run above the high of 70, and the daily price structure was running in the bullish trend channel! The short-term four-hour chart shows that after the price rose again above the 2900 mark, the MA10/7-day moving average formed a golden cross and opened upward and gradually moved up to 2917/23. The price is running in the upper and middle rail channels of the hourly and four-hour Bollinger bands. Today's trading idea is to buy at a low price during the intraday correction, and then consider selling at a high price. At present, gold is in a slow rise. Judging from the current trend, the bull market pattern has not been destroyed. The daily line maintains a unilateral rise, and the MA5-MA10 moving average maintains a golden cross upward; the weekly line has risen for 7 consecutive weeks, strongly opening the upper rail space of the Bollinger band, and the bullish sentiment is high. Since the key point of 2906 has been successfully broken through and stabilized yesterday, the intraday situation is strong, and the operation still maintains a bullish idea of callback! From the technical form of the small cycle, the support level is near 2913. It is worth noting that the 1-hour gold price broke through the position of 2913 after the bottom shock and sideways trading. Since 2877, the low point has been continuously raised and the high point has broken upward. As long as the bulls do not lose the support point of 2913 today, the upward direction will not change. Unless the position of 2913 is lost again in the future market, they will consider participating in selling. The bulls pay attention to the pressure of 2940-42. Key points: First support: 2928, second support: 2920, third support: 2913 First resistance: 2942, second resistance: 2948, third resistance: 2956 Operation ideas: BUY: 2913-2915, SL: 2904, TP: 2930-2940; SELL: 2948-2950, SL: 2959, TP: 2930-2920;
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Looking at the 4-hour chart for M6E1, you can see that the market has been consistently moving upward. There’s a clear bullish trend overall, with the price showing strength and a tendency to rise. The chart suggests that the market is in a positive phase, with sustained momentum supporting further potential for upward movement
My overall bias for Solana is bullish. Solan price is dropping significantly at the moment probably due to Libra token. (just my guess). I have set buy orders at $130-145 area. I don't usually buy the dip, but this might be worthwhile buy the dip opportunity.
A flat opening today in nifty, with the index currently positioned near 23000-22950. If Nifty moves above 23050, a long position can be considered, targeting 23150, 23200, and 23250+. However, a reversal short trade can be initiated around 23000-22950, with downside targets of 22900, 22850, and 22800. On the bearish side, a breakdown below 22750 will likely lead to further declines, with short targets set at 22650, 22550, and 22500. Since the price is currently moving within the 22950-23000 range, the market is likely to open flat and may remain range-bound initially. The decisive move will come if it either breaks above 23050 for an uptrend or falls below 22750 for a bearish move. Should wait for a breakout confirmation before entering positions.
Nifty 50 Analysis & Trading Plan (5-Min Timeframe) Current Price: 22,923.15 (-0.06%) Key Levels: Psychological Resistance: 23,000 Support Zone: 22,800 Breakout/Breakdown Levels: Bullish breakout above 23,000 → Move towards 23,233. Bearish breakdown below 22,800 → Next support at 22,600. Trade Setup: Bullish Scenario: Sustaining above 23,000 confirms bullish momentum; target 23,233. A strong breakout above 23,233 could take Nifty towards 23,400+. Bearish Scenario: If price rejects 23,000 and breaks 22,800, a short trade can be considered towards 22,600.
here is the updated version of my BTC lunar vortex trading in the key of 9. i finally got a chance to sit down and get these all up to date
Current Price: 49,064.15 (-0.35%) Key Levels: Resistance Zone: 50,400 Support Zone: 48,800 Breakout/Breakdown Levels: Bullish breakout above 49,200 → Possible move towards 50,400 Bearish breakdown below 48,800 → Target towards 47,993 Trade Setup: Bullish Scenario: If price sustains above 49,200, look for buying opportunities with targets at 50,400. A strong breakout above 50,400 can push the index towards 51,000+. Bearish Scenario: If price breaks below 48,800, expect further downside towards 47,993. Short positions can be taken below 48,800 with SL at 49,200.