From marker structure has shift from bearish to bullish, now the market is chasing the harmonic resistance
USDJPY is above the descending channel between the trend lines. The chart has formed a harmonic pattern. The price has already reached the dynamic support level, which previously acted as a rebound point, and is now above the 62% retracement level. We expect the price to rebound. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
This analysis is an update of the analysis you see in the "Related publications" section We previously had buy positions, all of which are in profit, and step by step, we identified the areas where NOT had pumped from the lowest point. Now, the wave structure of NOT has become clearer. We have simplified the chart and added the wave structure to it. According to this setup, you can enter a position in SPOT. The closure of a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Good Morning Traders, ?Tesla NASDAQ:TSLA has been on a remarkable upward trajectory, and the outlook remains bullish with continued closures over $376 look for $420 to be tested and $475 next upside. Let's break down why Tesla can continue to be bullish for reasons outside of Price Action. ? Revenue Growth: Tesla continues to report impressive revenue growth ?, driven by strong sales of electric vehicles and energy products ?⚡. Profitability: The company has turned profitable ?, with a positive net income and strong cash flow ?. Innovation: Tesla remains at the forefront of innovation ?? in the EV and energy sectors, with continuous advancements in technology and production efficiency ?. Additionally Carbon Credits and EV Policies Carbon Credits: Tesla has been capitalizing on selling carbon credits to other automakers who need them to meet regulatory requirements. This has been a significant revenue stream for Tesla. EV Credits: There are discussions about removing federal EV credits, which could impact the market. Tesla's strategic position and established market presence might make it harder for new entrants to compete without these incentives. Political Connections Elon's relationship with President Donald Trump has been beneficial. With Trump's support for electric vehicles and renewable energy, Tesla stands to gain from favorable policies and potential subsidies and knock on effects from yet to be known changes. ?Industry Trends The electric vehicle industry is booming, with increasing demand for sustainable transportation solutions. Polestar's strategic partnerships and continuous advancements in EV technology make it an exciting stock to watch1. Share thoughts in the comments! ❤️
Hi, dear investors our next opportuntiy we are looking into is GBP/CAD , as we can see it had a fantastic bullish trend and now it's time of a reversal because we got to the upper resistance level, so far the RSI has just began formulating descending channel after being over bought at 77 level. Entry - 1.80560 Target 1: 1.79844 Target 2 : 1.79380 Stop Loss : 1.80950 Risk to reward ratio at the staggering 1:5!!!! As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
AUDUSD has seen demand inflows on some economic hopes out of China. Todays larger rally has taken it off the lows. Comes off the back of sever AUD weakness into the weekend and no crushing USD weakness. Here's my take.
FIO/USDT appears to have bottomed out, with the price breaking out of a consolidation range. This suggests the possibility of a strong bullish move ahead. The breakout is happening on a higher time frame, so it might take a few days or even longer to fully materialize. However, based on current price action and market structure, I'm quite confident this could lead to significant upward momentum. That being said, it’s essential to keep risk management in mind. Always ensure you're entering positions with a stop loss in place and manage your exposure according to your risk tolerance. If you are considering entering a trade, be mindful of possible retracements or temporary pullbacks along the way—these are common in longer-term trends. Some additional tips: 1. Watch volume: Ensure the breakout is accompanied by solid volume, as this indicates strength in the move. 2. Support and resistance: Keep an eye on key support and resistance levels to identify potential entry or exit points. 3. Patience: Since this is a higher time-frame setup, don’t rush for short-term gains. Let the trade develop and give it time to play out. 4. Diversification: Avoid concentrating too much of your portfolio in one asset. Diversifying across assets can help reduce risk. As always, make decisions based on your own analysis and risk profile.
? Max Healthcare: Ready for Another Up Move? ? Current Market Price: 1117 Stop Loss: 1060 Target: 1330 Why Max Healthcare? Pattern Repetition: Historical patterns indicate consistent bullish moves, and Max Healthcare seems poised for another upward trend. Strong Setup: The stock's technical indicators suggest a continuation of its robust momentum. Strategy: Risk Management: Adhere to the stop loss at 1060 to safeguard against downside risks. Pyramiding Opportunity: Gradually add to positions as the stock gains momentum, especially above key resistance levels. ? Outlook: Max Healthcare's consistent historical patterns and current technical setup position it as a promising opportunity. If history repeats, this could lead to significant gains. ? Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. #MaxHealthcare #TechnicalAnalysis #BreakoutStrategy #InvestmentOpportunities #MarketInsights
The upward movement in USDCHF appears too weak to be an impulse and seems more like a corrective structure. I assume the 4th wave has completed, and the pair may move slightly lower. For now, I am labeling this as an ABC Zigzag correction.
Welcome back! Let me know your thoughts in the comments! ** DXY Analysis ! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Welcome back! Let me know your thoughts in the comments!