A short sell for an uptrend continuation...... A new all time high loading....
GBP/JPY is rising towards the resistance level which is a pullback resistance that aligns with the 78.6% Fibonacci retracement and could drop from this level to our take profit. Entry: 192.22 Why we like it: There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement. Stop loss: 193.80 Why we like it: There is a pullback resistance level that lines up with the 50% Fibonacci retracement. Take profit: 190.37 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Silk Road founder Ross Ulbricht took to social media to caution cryptocurrency users about investing in memecoins bearing his name.
Die Diskussionen um einen möglichen TikTok-Bann in den USA erreichen einen neuen Höhepunkt. Die US-Regierung erwägt, die beliebte Social-Media-Plattform aufgrund von Sicherheitsbedenken endgültig zu blockieren. Doch was bedeutet das für die Millionen von TikTok-Nutzern, die täglich Videos hochladen und konsumieren? Und wie können Nutzer trotz eines möglichen Verbots auf die Plattform zugreifen? Warum ein TikTok-Bann […]
Overview and Key Observations Bajaj Finserv has recently shown signs of a bullish reversal after breaking out of a classic double bottom pattern, a strong indicator of upward momentum. The neckline at ₹1,680 was breached with significant volume, confirming the breakout. The current price of ₹1,735.20 positions the stock above this critical support, establishing a solid base for further upside. The pattern suggests a measured target of ₹1,800, aligning with intermediate resistance levels. Support and Resistance Levels The chart highlights the following critical levels for traders: Support Levels: ₹1,693.73: Immediate support just below the current price, ideal for pullbacks. ₹1,652.27: Intermediate support aligning with prior consolidations. ₹1,630.13: A deeper demand zone marking the bottom of the previous accumulation phase. Resistance Levels: ₹1,757.33: The immediate resistance that needs to be breached for continued upside. ₹1,779.47: A key resistance level and the target based on the double bottom pattern height. ₹1,820.93: A stronger resistance and the next major target for the stock. The stock currently faces resistance near ₹1,757.33, and a breakout above this level with strong volume could open the doors for a rally toward ₹1,779.47 and ₹1,820.93. Volume and Momentum The breakout candle exhibited a notable surge in volume, validating the reliability of the bullish move. However, subsequent candles show declining volume, suggesting mild consolidation near resistance. Momentum indicators such as the RSI and MACD need to be monitored for confirmation of continued strength. If RSI remains below 70, there is room for further upward movement. Trading Strategies For swing traders, entering long positions near ₹1,700–₹1,720 on pullbacks or above ₹1,757 after a breakout offers good opportunities. A stoploss at ₹1,669, below Support 1, ensures risk is minimized. Targets include ₹1,757.33, ₹1,779.47, and ₹1,820.93. For shortterm traders, a failure to sustain above ₹1,680 could indicate weakness, with downside targets of ₹1,652.27 and ₹1,630.13. Summary and Outlook Bajaj Finserv is exhibiting strong bullish momentum backed by technical patterns and volume. The immediate focus is on clearing the resistance at ₹1,757.33 to confirm further upside toward ₹1,779.47 and ₹1,820.93. Traders should remain cautious of a potential retest of the ₹1,680 support zone, which would act as a critical level for invalidating the bullish setup. With strong risk management and a focus on key levels, this setup offers a promising opportunity for both shortterm and longterm gains.
https://www.tradingview.com/x/piewIDsm/ Hello,Traders! GBP-AUD has hit a horizontal Support of 1.9600 and we Are already seeing a local Bullish rebound so we will Be expecting a further move up Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
- NYSE:HIMS has shown tremendous growth in the past, currently it has a descending trend line as resistance. Once broken it will have a renewed momentum and could take the stock to 40+ range by post earning FY Q1 2025
Nifty today did well to close just above Mother line of hourly chart. The closing we got was at 23344 and 50 EMA or the Mother line is at 23330. This bring the hope of recover towards 23.5K and further towards 24K+ levels in the medium to short duration. The resistances for Nifty right now remain at 23390, 23460, 23589 and 23703. Closing above 23703 will be very good for Bulls as they can drag the index in this scenario towards 23821, 24021 and 24231 levels. Supports for Nifty on the lower side remain at 23330 (Mother line support, 50 EMA), 23172 and 23046. Closing below 23046 can lead to Bears coming back to pull nifty further down. As of now shadow of the candle is positive. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
As the second Trump era begins, this is how Bitcoin looks: - BTC new ATH in the run up to inauguration and highest ever weekly close. I believe this was in anticipation for Trumps acceptance speech to mention Bitcoin and or the strategic reserve. That did not happen and so we've seen a selloff wick down to Midpoint with price settling at 0.75 in the range. Typically, wicks get filled and so I would like to see price steadily reach the midpoint and then begin to show some strength before looking to go LONG. That all changes if we see a crypto specific executive order signed in the coming hours/days we should then see a move back to the highs. - 4H 200 EMA is always an important level for the Bullrun, the vast majority of altcoins are under the 4H 200 EMA thanks to liquidity being drawn out into BTC and Solana memecoin craze. - Bitcoin is still leading the greater market but I do expect rotation into strong US based altcoins within the next few weeks going into the later part of Q1. Some key alts that fit that category are SOL, SUI, LINK, ONDO, XRP, ENS, and many more. It's important to remember this is a marathon not a sprint and I fully expect progress to be made but it may not be linear, until we have broken out of the range in the chart and move into a clear trend environment BTC should be treated as such by trading instead of buying and holding.
2 very likely positions for the start of a terrible fall in XAUUSD in wave c I suggest you only look for selling points The first target is 2525 The second target is 2425-2370