Nifty is showing some Bullish momentum thanks to FMCG scripts. I'm not expecting much momentum on the Long side. For now I have taken a long view for Target till 24,300 level only. Notice how the price has formed a Bullish pin bar on the hourly charts and started to trade above the Daily Pivots. This is a sign of Bullishness. Resistance would be the Hourly 200 period MA.
Hello, PEPPERSTONE:FRA40 has strong potential for further upside. For this to materialize, the price needs to remain above the 1-year pivot point (1Y PP) and establish it as a solid support level. If this holds steady, an upward trend is likely to follow! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
As Bitcoin dominance decreases and the alt-coin season approaches, Ethereum presents significant opportunities for entry and profit-taking. Identifying optimal buying and take-profit zones is crucial for capitalizing on this trend.
12/1/24 :: VROCKSTAR :: NASDAQ:GAMB Buy
Bnb is going to mooon be ready it is so close Channel and movings telling us the future
Trading Plan 1. Baseline Scenario : - Macro-Fundamental Bias Dovish. The market expects the Federal Reserve to continue lowering interest rates, with a 66.5% chance of a 25 basis point rate cut in December. This expectation is driven by the Fed's recent decision to lower the federal funds rate to 4.50% - 4.75% and ongoing efforts to support maximum employment and achieve the 2% inflation target. - Short Term Sentiment Bias : Dovish. Current sentiment is driven by the recent decline in the US 10-year Treasury yield to 4.2%, reflecting market expectations of further rate cuts and stability under the new Treasury Secretary, Scott Bessent. Additionally, the PCE inflation data aligning with expectations has reinforced the view that the Fed's current policy stance is appropriate. 2. Risk Event Baseline : - Market Expectations: - ISM Manufacturing PMI: Forecast: 47.7 | Previous: 46.5 - ISM Manufacturing Prices: Forecast: 55.2 | Previous: 54.8 3. Surprise Scenarios : - Negative Surprise: 7If the ISM Manufacturing PMI or ISM Manufacturing Prices data come in below expectations, it could lead to further USD selling pressure. This scenario supports long positions on AUD/USD, as the AUD is likely to strengthen against a weakening USD.
Based of the arc and the time mirror effect. We can detect the end of the sideway area near to one of the lines of the chart Or between them . then if we started up trend we can expect the top near to the right lines. you will need normal technical analysis to support it when the time come.
The analysis of BINANCE:SOLUSDT reveals a bearish trend, with closing prices consistently declining from previous highs. The EMAs indicate this downtrend, as the 9 EMA has crossed below the 20 EMA, confirming a short-term bearish bias. The MACD further supports this view, showing deepening negative values and a widening histogram, which points to increasing selling pressure. Key support levels are identified at $227.0 and $225.9, where buyers may step in to stabilize prices. However, critical resistance levels at $231.76 and $233.71 highlight the need for a significant reversal to reclaim these areas. The RSI is hovering near oversold conditions, hinting at a potential temporary bounce, yet the overall momentum remains bearish. For short sellers, favorable entry points may be found around $231.76, with $233.71 serving as a stop-loss level. On the other hand, long trades should only be considered upon a confirmed breakout above $233.71, with a target of $238.28 for potential profit.
A possible roadmap for BTC over the next 60 days or so. We expect the Santa rally then the yearly open dip
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.05400 zone, EURUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the trend at 1.05400 support and resistance area. Trade safe, Joe.