ACE LTP : 1340 Targets: 1460, 1560, 1660 ?? Long Term Targets :1860, 2060 , 2260???? May add more on dips till 1240-1080. For investors with a long-term perspective and the ability to add on dips or hold calmly. Time Frame: 4 to 12 months ?? Trade as per your risk management and investment plan.
IMOB the main index about real state in Brazil has just collapsed after Central bank raike its interest rate and guidance for more increase in the next months due to it most real state companies will suffer quite a bit cause they need quite huge amount of capital for keep the business running mainly for costs to build.
US30 Retested upper supports at 0500 and 0600 Hours. At that point we were looking for entries on an intraday short. Which we took. US30 is currently Falling and will likely hit 43369 area before looking to return bullish as the Dow Jones continues to show signs of weakness. If you are already in a short you can hold it. If you want to get in on an entry price is quickly approaching a week support line at 43800. If it breaks this support, look for a retest for a clean entry. If you are waiting for the Bullish trend we will be waiting at least 5 trading days at this point. Let me know your thoughts!
I suspect that the price was manipulated by market makers and some normies getting in and pushing the price as well, overall sentiment is bearish, here are my 2 ideas for short, either I will short after displacement to the downside after rejecting the 15min disp fvg to the upside, or after displacing from the 4HTF FVG EQ level, also I will be more sure after the 4h candle closes which from the point I write this is going to be in 17 minutes, IF i see displacement with mss I will enter if not there IS not trade being taken Always DYOR and do not overleverage GL
Fibonacci extensions add confidence that bottom is in.
Easy enough. Breakout and re-test of what was previously a resistance now becoming support. Meets the 3:1 reward/risk criteria.
the price is approaching the breakout of the neckline, the targets are indicated on the chart
It will take a few more weeks for a proper pattern to form, but gold prices are carving out a rectangular pattern. The chart shows potential target levels following a breakout. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Technical analysis: Hourly 4 chart is delivering more clearer structure in times of violent market Volatility and drawdown on Stock markets such as January fractal, and that showcases that the Price-action is Trading on the #4th straight capital candle within the Neutral Rectangle on Hourly 4 chart. As long as the Daily chart’s #MA50 holds and adds durability, current Selling sentiment should be extended towards the #2,652.80 benchmark Support extension and if invalidated, a Lower High’s Lower zone should be tested near #2,627.80 in succession. The Daily chart aswell continues to Trade near healthy Selling levels and the market is just waiting for the Neutral Rectangle to break which may kick-start the aggressive takedown on Gold. I was ready to Sell Gold on spot ahead of the #2,700.80 benchmark break (as I announced the break-out itself should open flood doors towards #2,652.80 benchmark) however I was Highly satisfied with my Profit range / returns for the week and I don't mind I missed Selling sequence. DX invalidated the Short-term Support, and is dangerously approaching #106.500 Medium-term Resistance zone, so that development alone should ease Buying pressure on Gold. My position: I am comfortably on sidelines with my capital ready for fresh next week's candles to Profit upon. Weekly closing is on main stage and keep #2,652.80 as your main pointer for both Short and Medium-term. Have a pleasant weekend ahead!
All of us are waiting for a bull run in the crypto market and I think this chart should be considered. My last idea of this chart was different and I expected to experience bull market sooner but I have modified that to this counting. I am note sure about its counting. Thanks