if i see a clear break thru the support line of primary C-Wave this will be invalidated and would be long,however if we fail to break thru support i can see a lower low to the bottom of the primary C-Wave.
Gold is rather behaving very strangely recently. Although 4hrly TF keeps breaking 2942 resistance, daily is still held under it. Every time it reached a new ATH, it quickly came down. To me, this is a sign of deceleration and trend reversal. Due to fundamental uncertainties, gold can spike up and take stop losses. Therefore, I will only trade break out for today. if 2930 gives away, i will sell upon retest. Targeting 2880.
1. Downtrend Reversal: The price was initially in a downtrend, as indicated by the descending trendline. 2. Breakout Confirmation: The price broke above the 1-hour trendline, signaling a potential trend reversal. 3. Buy Limit Strategy: Instead of entering immediately, a buy limit order was placed at a key support zone after the breakout. 4. EMA 21 as Support: The price respected the 21 EMA, confirming bullish momentum. Strong Bullish Move: After triggering the buy limit, the price surged upwards, resulting in a profitable trade. 5. Risk Management: Stop-loss was placed below a key support zone, minimizing risk while allowing room for price fluctuations.
imbalance and fair valu gap. how to find best imbalance and fair valu gap
An overreaction in financial markets occurs when securities are excessively overbought or oversold, driven more by psychological factors than by underlying fundamentals. The last two-day dip was excessively sold off. BUY NASDAQ:PLTR NOW TO GET THE DEAD CAT BOUNCE OR RESTEST OF $112-115. From there, let's see if the market pushes NASDAQ:PLTR to $120 or higher. Investing in Palantir Technologies Inc. ( NASDAQ:PLTR ) could be appealing for several reasons: Strong Growth Potential: Analysts expect Palantir to experience significant business volume growth in the coming years, with high growth rates anticipated. High Profit Margins: The company has particularly high margins before interest, taxes, depreciation, and amortization, contributing to strong profitability. Financial Stability: Palantir has a sound financial situation, providing it with significant leeway for investment and expansion. Positive Analyst Revisions: Over the past year, analysts have regularly revised their sales and earnings forecasts upwards, reflecting renewed optimism about the company's future performance
Hello everyone, let's look at the 1W link to USDT, in this situation we can see how the price moves under the downward trend line, but we can see some price stabilization, which can affect the potential change of trend. However, let's start by defining goals for the near future the price must face: T1 = 19.20 $ T2 = = $ 21.67 Т3 = $ 25 T4 = $ 27.65 Let's go to Stop-Loss now in case of further declines on the market: SL1 = $ 16.82 SL2 = $ 14.90 SL3 = 12.73 $ Looking at the RSI indicator, we see the descent below the lower limit of the range, which may also indicate
02.20.2025 / NASDAQ:PLTR #PLTR Fundamentals. Negative background due to information about the reduction of the US defense budget. Technical analysis. Daily chart: Correction on an uptrend. Aftermarket/Premarket: Gap Down on increased volume. We mark the aftermarket low of 106.00. Trading session: The primary upward impulse from the opening was stopped at 106.00. We are considering a short trade in case of retest and holding the level. Trading scenario: False breakout with retest of the level 106.00 Entry: 104.20 upon re-touching the level and exit downwards. Stop: 106.25 we hide it behind the tail of the candle above the level of 106.00. Exit: Close part of the position at 97.10 when the price accelerates and a reversal candlestick pattern appears. Close the rest of the position at 100.01 when the lower high is updated and the structure of the downward trend is broken. Risk rewards: 1/3 P.S. In order to understand the idea behind the Stock Of The Day analysis, read the following information .
If ENA reach those marked levels, then the probability for short is high. BUT , we are gonna TA those level again at time. as this time stamp, it looks bearish. The Chart and drawings say 1000 words more than my description :) Follow for more ideas/Signals. ? Just donate some of your profit to Animal rights and rescue or other charity :)✌️
- FTSE 100 broke support zone - Likely to fall to support level 8600.00 FTSE 100 Index previously broke the support zone between the support level 8700.00 (which created daily Bullish Engulfing earlier this month) and the 38.2% Fibonacci correction of the upward impulse from January. The breakout of this support zone accelerated the active short-term ABC correction 4, which belongs to the upward impulse sequence (C) from last year. FTSE 100 Index can be expected to fall to the next support level 8600.00 (target price for the completion of the active correction 4 intersecting with the support trendline of the daily up channel from December).
The analysis of XAU/USD highlights a strong bullish trend, closing at approximately $2,939.41 on February 20, 2025, marking a 0.23% increase from the previous day. The recent high of $2,946.83 on February 19 indicates continued positive momentum, driven by geopolitical tensions, inflation concerns, and fears of potential trade wars, all of which have strengthened gold’s status as a safe-haven asset. The current momentum has pushed prices toward historic levels, with the potential to surpass $3,000, supported by a weaker U.S. dollar and declining U.S. yields. The chart shows a key resistance zone around $2,960, with a potential retracement towards the $2,880 area, identified as the first major support level. The current price action suggests a possible pullback before another breakout attempt. If the price consolidates above $2,900, it could accelerate towards new highs, while a break below $2,880 may drive the price toward the next support level around $2,840. The overall outlook remains bullish, with investor interest fueled by global uncertainties and the increasing demand for gold as a hedge against economic risks.