CAD/CHF has rejected off the pivot and could drop to the 1st support. Pivot: 0.61954 1st Support: 0.60758 1st Resistance: 0.62626 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Longterm View It has reached the covid fall levels and is almost around 0.5 fib retracement level. looking good for long term. can buy in small small chunks between zones 1000-1300, rather than going all in at the same time. major resistance going forward will be arnd 1660 lvls above that 1900 & 2100.
My take on Silvercorp Metals. Im a buyer on the 1st of April once the 3 Month candle close above the RANGE (Blue Line) and; The BREAKOUT is closing above the 0 line, which is very bullish but as always it can be a fake-out as well. In my opinion, it's the most efficient silver mining company currently. Geopolitical risk is there, but its everywhere. Free Cash Flow will grow as the silver price goes higher. The Monthly Chart had a breakout several months ago and the candle is closing above the RANGE (Blue Line). https://www.tradingview.com/x/EU1dgQp5/
Morning Buddy, Today I hope to see 2 things that I have put on my Journal, 1 : Nas is within a daily FVG which seems weak to hold, but enough to create a manipulative retracement, either into the highlighted zone, which is a weekly bullish candle. 2 : The gap gets slowly taken, increasing FOMO trading and then retraces leaving $ lows, should this happen I expect to see the market retrace in a way that makes 15 minutes charts going down to 5, seem completely bullish. I will drop a video later today to keep up with the charts. Stay tuned. Happy Trading
Gold has recently seen a strong bullish rise, and the price has hit a new high. In the Asian session, gold retreated to the 3085 line and then rebounded and continued to rise. The current price is 3112. In the 4-hour view, gold continued to rise to the 2830 line, breaking through after the previous two adjustments. This is also the third breakout and rising pattern. The price bullish trend is stable. The price is high, so we don’t blindly short at high levels, but we can’t aggressively chase more. In terms of operation, we still maintain the idea of low longs and high shorts as a supplement. From the current trend of gold, the support below is 3085-3080. Don’t guess the top if the current trend above has not formed stagflation. In terms of operation ideas, it is recommended to arrange long orders in the 3080-3085 area of gold, with a stop loss of 3070. The upward target is 3100 and 3120.
It feels unstoppable whilst it is becoming severely overbought. We have moved beyond $ 3,080 area and the regression channel top has room till around $ 3,125. I am adding slowly at higher levels with lower leverages, as I feel from strategic perspective, we should have a reasonable correction in the near future. Strategy SELL or ADD @ $ 3,105-3,125 and take profit near $ 3,020 partially and rest near $ 2,967 for now.
Completing ABCDE correctional wave -- Targeting retracement to gap in futures of roughly 37600 level.
Just started using volume shelves on my charts. Can anyone help with more knowledge or using it as a tool as an edge toward trades? If I’m not mistaken, the higher bars (extending most to the left) are areas of high trading volume and can act as support areas?
ETH HODLs ready for jump at the end of APRIL for Pectra upgrade. inte rest rate of usa weekly RSI break the trend line im ready for new ATH even for the most important altcoin