SUPER has had a strong rally over the last two weeks, and it's now facing resistance. We're eyeing a pullback to the next support level for an optimal long spot trade. ? Trade Details: Entry: Around $0.54 Take Profit Targets: $0.60 - $0.66 (First Target) $0.73 – $0.80 (Extended Target) Stop Loss: Just below $0.45 ? We'll monitor for support confirmation before entering. Stay tuned for updates! ?
Sitting at a critical zone. Big money clustering around current levels, VRVP showing strong interest. MACD hinting at trend shift. 1.078 is the key resistance - break it, and we're looking at a nice move up. Rejection, and we might see another leg down. Trading Plan: 1 Watch 1.078 closely 2 Bullish above, bearish below 3 Look for confirmation i'll update that soon. the uncertainty of the tariffs april 2 will be a big catalyst to look at
Possible cup and handle formation. Pullback to the highlighted level,then 3100-and so.
? Trade Idea: ALSAIF STORES (TADAWUL: 4161) Timeframe: Daily (1D) Current Price: 7.96 SAR Setup Type: Breakout & Retest ? Trade Narrative: Price has broken above a recent consolidation zone (marked in light blue). Strong bullish momentum is visible after reclaiming the key level of 7.80. Market structure shows higher lows and a push towards previous liquidity zones. ? Trade Plan: Entry Zone: 7.80 – 7.90 (retest area) Target 1 (T1): 8.35 (Previous High / Liquidity Grab) Target 2 (T2): 8.44 (Final Target with Heart Marker ?) Stop Loss: Below 7.70 (below recent structure) ? Risk-to-Reward: Approx. Risk: 0.20 Reward: 0.44 – 0.64 R:R Ratio: ~2.2 to 3.2 ? Confluence: Daily structure shift confirmed Liquidity resting above 8.35 Volume spike during breakout Potential bullish continuation if price retests successfully
Hi there! We have almost perfect formation for long term trend reversal level! I will make few smaller Timeframe chart soon! Good luck traders :-)
Update on the trade I believe it is winding up to break down hard.
Hi traders, There’s a high probability that MSTR will move lower from here. Friday’s session will determine its direction, as the weekly candle is forming a shooting star, but getting in early isn’t a bad idea. The BTC chart also looks bearish— the 0.618 Fib level from the previous high and low has been acting as resistance for several days. We need to watch if the 50 SMA will hold as support, but I don’t think it will, given my bearish outlook on SPY. My target is 250 area, 200SMA will act as support. May the trend be with you. AP
- 3M reversed from resistance area - Likely to fall to support level 147.00 3M recently reversed down from the resistance area between the key resistance level 154.00 (which has been reversing the price from the end of January) and the upper daily Bollinger Band. The downward reversal from this resistance area created the two consecutive Japanese candlesticks reversal patterns Doji – which highlights the strength of this resistance level. Given the strength of the resistance level 154.00 and the overbought daily Stochastic, 3M can be expected to fall to the next support level 147.00 (low of the previous correction 2).
• CMP: ₹490| Stop Loss: ₹520| Target:*440 | ₹440 DISCLAIMER: I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only.
- EURGBP broke support area - Likely to fall to support level 0.8300 EURGBP currency pair recently broke the support area between the key support level 0.8350 (which has been reversing the price from the start of March) and the 38.2% Fibonacci correction of the upward wave 2 from the end of February. The breakout of this support area accelerated the active impulse wave iii of the higher impulse waves 3 and (3). Given the strongly bullish sterling sentiment, EURGBP currency pair can be expected to fall to the next support level 0.8300.