USOIL, LongPrice has been growing in an ascending channel since price hit low @ $67.68 on December 13th, 2023. Fundamentals reported two weeks ago revealed that the Iraq refinery has been re-opened since its closure more than 10 years ago and that meant more supplies which fell the oil price from $78.69 to $75.73
The following week was met with USOIL demand where buyers picked the price from the $75.73 all the way up to $80.3 by the end of last week's market closing.
What do i expect this week??
I expect the USOIL price to retest the support and liquidity zone at $78.24 and with this holding, price could drive up to $81.95 that is if the support holds.
My Support is $78.240 and target is $81.95
Trendpattern
Bitcoin exhausted news ( read caption)I think Bitcoin growth potential is not yet exhausted this mean Bitcoin retest the level $59,370 or $58,890 then we think about the pullback of the Bitcoin to support level
Bitcoin Surges To New 26-Month High, ‘Whales Go Parabolic’ As Analyst Forecasts Rally Toward $59,370
Bitcoin (BTC) has experienced a surge of over 3.6% in the past week.
The gains have propelled the Bitcoin price to reach a new 26-month high of $53,360 on Monday.
Crypto analyst highlights the significant activity of the BTC whales.
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[INTRADAY] #BANKNIFTY PE & CE Levels(02/03/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session.Any Major downside only expected in case banknifty starts trading below 46950 level.
Head & Shoulder pattern breakout in BANKNIFTYBANKNIFTY INDEX
Key highlights: 💡⚡
✅On 15 MIN Time Frame Banknifty index Showing Breakout of Head & Shoulder Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 46850+.
✅Can Go Long in this Banknifty index by placing a stop loss below 46100-.
#NIFTY Intraday Support and Resistance Levels -01/03/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22060 level and then possible upside rally up to 22180 level in today's session. in case nifty trades below 22020 level then the downside target can go up to the 21900 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(29/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 45550 Level & this rally can extend another 400 points if market gives breakdown 45450 level in todays session.Any Major upside only expected in case banknifty starts trading above 46050 level.
Bitcoin Buy or Sell ??Remember that buying Bitcoin now is very risky. There is a possibility of the above-mentioned triangle structure. So Bitcoin has almost reached the end of wave D. It is still too early to post shorts. Because the bearish market signal has not been observed yet. In terms of time analysis, Bitcoin's main uptrend will start after 2025.
WHAT IS THE NEXT MOVE FOR EURUSD CURRENCY PAIR? READ THE CAPTIONFundamentally, the euro has been under pressure due to concerns about economic growth in the Eurozone. Recent data releases, including disappointing PMI figures and sluggish GDP growth, have raised worries about the region's recovery from the pandemic-induced recession. Moreover, uncertainty surrounding the geopolitical situation in Eastern Europe has added to investor caution, leading to a flight from euro-denominated assets.
In contrast, the US dollar has found support from strong economic data releases, particularly in the labor market and consumer spending sectors. Robust employment figures, coupled with rising inflationary pressures, have fueled expectations of tighter monetary policy from the Federal Reserve. The anticipation of interest rate hikes has strengthened the dollar against its major counterparts, including the euro.
Looking ahead, market participants will closely monitor economic indicators from both the Eurozone and the United States for further insight into the economic recovery trajectories. Key data releases, such as inflation figures, GDP growth rates, and central bank communications, will likely drive movements in the EUR/USD pair in the coming weeks. Additionally, geopolitical developments, particularly those related to tensions in Eastern Europe, could introduce volatility and impact investor sentiment towards the euro.
Overall, the fundamental backdrop suggests a bearish bias for EUR/USD, with economic divergence between the Eurozone and the United States likely to persist in the near term.
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MY IDEA FOR BITCOIN(BTC) UP TO ....., READ THE CAPTIONBitcoin has surged to impressive heights, marking a remarkable 26-month high as it soared to $53,360, a gain of over 4.6% within just 24 hours. Analysts are buzzing with excitement, with some like Ali Martinez pointing out the significant activity among Bitcoin whales. 🐋 These major players in the crypto market seem to be going parabolic, indicating a bullish sentiment and fueling speculation about a potential rally towards $60,500. It's a testament to the growing interest and confidence in Bitcoin as it continues to make strides in the financial landscape. 📈🚀
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[INTRADAY] #BANKNIFTY PE & CE Levels(27/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level in todays session.Any Major upside only expected in case banknifty starts trading above 46550 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(26/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46950 level then possible downside rally of 400-500 points upto 46550 Level & this rally can extend another 400 points if market gives breakdown 46450 level in todays session.Any Major upside only expected in case banknifty starts trading above 47050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(22/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 474550 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session .Any Major downside only expected in case banknifty starts trading below 46950 level.
The 9 Rules of Successful Investors The world of investing can be a daunting place, especially for beginners . With so many factors to consider and the potential for significant losses, it can be difficult to know where to start. However, there are a few basic rules that all successful investors follow. By following these rules, you can increase your chances of success and avoid costly mistakes.
1. Be prepared to lose money.
This is the first and most important rule of investing. No matter how much research you do or how experienced you are, there is always the possibility of losing money. This is why it is important to only invest money that you can afford to lose.
2. Calculate your risk before opening a trade, not during.
Before you open any trade, you should always calculate your risk. This means determining how much money you are willing to lose on the trade. You should also set a stop-loss order to automatically close the trade if it reaches a certain price level.
3. Be in a cold state of mind (without the influence of emotions).
Emotions can be a major enemy of successful investing. When you are trading, it is important to stay calm and rational. Do not let your emotions get the best of you, as this can lead to making bad decisions.
4. Open positions only in the direction of the trend.
One of the best ways to increase your chances of success in trading is to trade in the direction of the trend. This means identifying the overall trend of the market and then trading in line with that trend.
5. Keep a trading journal with a detailed description of each trade.
A trading journal is a great way to track your progress and identify areas where you can improve. In your trading journal, you should record details of each trade, such as the date, time, entry price, exit price, and profit or loss.
6. Regularly analyze your trades.
Once you have a few trades under your belt, it is important to take some time to analyze them. This will help you identify what you are doing right and what you need to improve on.
7. Constantly improve yourself.
The world of trading is constantly evolving, so it is important to keep up with the latest trends and strategies. There are many resources available to help you learn more about trading, such as books, websites, and courses.
8. Give yourself time to rest from trading.
Trading can be a stressful activity, so it is important to give yourself time to rest and recharge. Taking breaks from trading will help you stay focused and avoid making emotional decisions.
9. Profit is only what you have taken and have in your pocket (conditionally), not what the open P&L in the position shows, because it is floating and not fixed profit.
This is a reminder that profit is not real until you have taken it out of the market. Do not get too attached to your profits, as they can quickly disappear if the market moves against you.
Additional Tips for Successful Investing
In addition to the 9 rules listed above, there are a few other things you can do to increase your chances of success as an investor:
Do your research. Before you invest in any asset, it is important to do your research and understand the risks involved. This includes understanding the asset's fundamentals, as well as the overall market conditions.
Diversify your portfolio. Don't put all your eggs in one basket. By diversifying your portfolio, you can reduce your risk and increase your chances of success.
Invest for the long term. The stock market is volatile in the short term, but it has historically trended upwards over the long term.
By investing for the long term, you can ride out the short-term fluctuations and maximize your returns.
Don't panic sell. When the market takes a downturn, it is important to stay calm and avoid panic selling. Selling when the market is down will only lock in your losses. Instead, focus on the long term and ride out the storm.
By following these tips, you can increase your chances of success as an investor. However, it is important to remember that there is no guarantee of success. Even the best investors in the world lose money sometimes. The key is to learn from your mistakes and keep moving forward.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 474550 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session .Any Major downside only expected in case banknifty starts trading below 46950 level.
Descending Triangle pattern breakout in INDIGOINTERGLOBE AVIATION LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Descending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3240+.
✅Can Go Long in this Stock by placing a stop loss below 3040-.
[INTRADAY] #BANKNIFTY PE & CE Levels(20/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level & this rally can extend another 400 points if market gives breakdown 45950 level in todays session.Any Major upside only expected in case banknifty starts trading above 46550 level.
XAUUSD⚡️FOMC Minutes eyed⚡️❤️MY FOREX TEAM❤️
INFORMATION
Gold price (XAU/USD) holds above $2,000 during the early Asian session on Monday. US economic data suggests inflation is stickier than expected and prompted financial markets to dial back expectations that the Federal Reserve (Fed) would start cutting interest rates in June. At press time, the gold price is trading at $2,014, gaining 0.12% on the day.
💲BUY GOLD 1980-1985 💲
SL @ 1977
TP 1 @ 1990
TP 2 @ 1998
TP 3 @ 2009
💲SELL GOLD 2027-2030 💲
SL @ 2035
TP 1 @ 2020
TP 2 @ 2010
TP 3 @ 2000
Everyone success..👍👍👍
❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
XAU/USD holds above $2,000, PBOC rate decision, FOMC Minutes eyed
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
#NIFTY Intraday Support and Resistance Levels -19/02/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22060 level and then possible upside rally up to 22180 level in today's session. in case nifty trades below 22010 level then the downside target can go up to the 21890 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(19/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46550 level then possible upside rally of 400-500 points upto 46950 level in todays session .Any Major downside only expected in case banknifty starts trading below 46450 level.