Diagonal trending has triggered a bounce back 2 different times before this so we need bulls to hold this level. I’ve charted two paths from here depending on the daily close.
$HMSTR on its Death Spiral. Oversold. Taking a bit of profit, but letting the rest print. Posted last night.
EURUSD has continued its trend by seeking to break downwards after taking out the liquidity resting above it. RR: 6.42 or for earlier entry (bottom of OB) around 4.8 N.B.: This is not financial advice. Trade safely and with caution.
Hi there, I believe the price has formed a descending broadening wedge on the 4H timeframe, we have hit the bottom support and we are also sat on the 0.618 FIB retracement. I believe that we could see a bounce somewhere in this region, but we'll have to see how the market plays out. We seem to be pricing in the negative news that has recently come out, without acknowledging the positives. I feel as if XRP has not yet reached it's high and believe there is more to come. NFA Please feel free to give feedback on my idea, it would be greatly appreciated.
Last week we saw FX:GBPUSD attempt to Break Above the 1.25 Resistance Zone that its been struggling with since November 2024 and was sent back down underneath following the Fed's decision to Hold Interest Rates. We can see that Price so far seems to be following a Head & Shoulders layout where Price now is declining down to the Low that formed the "Left Shoulder" @ ( 1.23745 - 1.23518 ) What makes this Price Range so favorable is that if you take the Fib Retracement Tool from the Low of the "Head" @ 1.20991 to the 2nd Touch of the "Neckline" @ 1.25232, the 38.2 % Retracement Level lands right at the potential Support level of the "Left Shoulder" -If Price finds Support at this level, we can suspect the Low to form the "Right Shoulder" then for Price to work back up to the "Neckline" for a Break and Close for Confirmation of Pattern to then look for more Buying Opportunities! *Price Breaking and Closing the Neckline, signaling Confirmation of Pattern, will deliver a 90% Success Rate to the expected Bullish outcome. *Watch for Increase in Volume after Price is Successfully Supported by Low of Left Shoulder and RSI to maintain Above 50! Fundamentally, GBP: Final Manufacturing PMI - Monday Final Services PMI - Wednesday Construction PMI/Bank Rate - Thursday USD: ISM Manufacturing PMI - Monday JOLTS - Tuesday ADP Non-Farm Employment/ISM Services PMI - Wednesday Unemployment Claims - Thursday AVG Hourly Earnings/ADP Non-Farm Employment/Unemployment Rate - Friday
I see weakness at the top of the channel, but if we break through, targets are marked. Overall, the real estate, banking, and investment sectors in the UAE are gaining Momentum.
As of February 1, 2025, BigBear.ai Holdings Inc. (NYSE: BBAI) is trading at $4.24, with an intraday high of $4.53 and a low of $4.09. Technical Analysis: Over the past six months, BBAI has surged nearly 170%, driven by the growing interest in artificial intelligence. Technical indicators suggest further potential upside, with strong chart patterns and bullish moving averages. The stock's technical rating is 9 out of 10, indicating a Fundamental Analysis: BigBear.ai provides AI-powered decision intelligence solutions across various sectors, including national security and supply chain management. The company has secured significant contracts, such as a $17.9 million extension with the U.S. Army. Analysts have a median price target of $4.50 for BBAI, with a low estimate of $3.00 and a high estimate of $7.00, suggesting potential upside from the current price. Recommendation: Given the strong technical indicators and positive fundamental developments, BBAI presents a compelling investment opportunity. Investors should monitor the stock's performance and consider their risk tolerance before making investment decisions.
I´m suggesting to monitor mentioned levels for the entry. Gold can fall even deeper(2675-78) so don´t hurry up with entries. Wait for a reaction, do not trade the action. If you decide to trade this idea, look for a retest of the entry zone, then enter and set your SL. TP your trade partially as always. If you are beginner I used to update my trades when-if entry conditions are met. Check my previous trades to know, how it works. Do not set BUY LIMIT order based on entry zone. It wont work. Wish you good luck. P.S. I´m not a signal service, do not sell anythig. If you want to buy something, contact one of the signal services-signalists who will comment this idea. This way the are collecting new customers, they will be happy to sell you what you want. I´m sharing my ideas and way how to trade. If you want to learn and be responsible for your trades, you know what to do.
CRYPTOCAP:BTC finds support at GETTEX:97K , most of the liquidity taken, 2 out of 3 limit orders I put last last night triggered. Daily RSI at the support (42), the 4hr chart - oversold. $95k still an option, as there is some more longer term liquidity to be taken (very little below $94.5k). ??
As u c in my chart the motive wave that has begun around 2538 should be complete at least around 2825 and maybe upper around 2884 before retracement . Maybe in Asia time on monday 3-Feb !