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Let’s see if the price retests the Upper boundary and reject Looks like the rising wedge is in play. We will get sell confirmation at the smaller time frame
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Here is a 4 Hour chart posted above Bearish Bias Price Already rejected the downtrend line Which is also a 50% retracement area Price is moving in a bearish correction pattern Most likely price will be coming to touch the horizontal support drawn Bullish Bias The US will announce another rate hike which is expected […]
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The US apparel company will declare its earnings today What do u think do we see a positive number and price hike or bear market will impact revenue and the same story of decline will persist
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The dollar is so strong, How long do you think it can stay strong? Look at the Monthly chart 1. Dollar is very close to the upper boundary 2. Since Jan 2022 dollar had just one red month 3. Back To Back rate hikes and Fed’s effort to control inflation is pushing the dollar to […]
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If you have seen my previous post , where i have analysed S&P500. The price broke the trend line and heading towards the previous lows Now lets see what price can do next, as you can see from the above image that price is approaching major support zone we might see price reversing a bit […]
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What do u think will be the next move for S&P500 The S&P 500 Index, or Standard & Poor’s 500 Index, is a market-capitalization-weighted index of 500 leading publicly traded companies in the U.S.
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Gold is trading very near to the support zone. Do you think it will break the support or it will respect the support zone and bounce from it
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Check our previous post here where we have possible scenarios of CHFJPY Let’s see what price has to offer now Look at 4 Hr where the price Broke the resistance and never retested the same zone Looking for short opportunities and expecting some retracement Watch our youtube channel to learn more about trading strategies https://www.youtube.com/c/Worldfxclub […]
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We can see potential triple top forming on CHFJPY However looking at 1 Hour we have two setups Let’s look at the continuation setup – Potential buy 1. Clear uptrend on 1 hour – supported by trend line 2. Price broke the previous resistance and made a new high – potential higher high setup 3. […]
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