SK Hynix fell 9.61% on July 29, closing at KRW 1,401,000 (SKHY: approximately $130.17) after reaching an intraday low of KRW 1,246,000 (approximately $115.77). The stock has now declined more than 50% from its late-June high, but the latest low tested a previous breakout area, suggesting that buyers are beginning to defend this zone. The…
OGN is approaching a major support area inside its long-term descending channel after a prolonged bearish trend. Price is currently testing the lower boundary of the structure, where buyers need to step in to prevent further downside. A recovery attempt could start if OGN holds the 0.0143 – 0.0137 support zone and reclaims the 0.0162…
ETH/USD – Holding Above $1,900, $2,000 Is the Line in the Sand Ethereum continues to defend the $1,900 level, and dip demand has been consistent — a constructive sign for bulls in the near term. Key observations: 🟢 Dip-buying intact — each pullback toward $1,900 is being absorbed, suggesting underlying demand hasn’t dried up.🟡 $2,000…
By analyzing the #Gold chart on the 2H timeframe, we can see that price followed our bearish scenario exactly as expected. Gold entered a heavy sell-off, dropped toward $4017, and is currently trading around $4031. While most analysts were talking about further upside, I maintained my bearish outlook and expected this decline. Taking a view…
Structure has shifted. Price broke below the recent higher-low, confirming a shift from bullish to bearish market structure — the key structural device giving this trade its conviction. That break is the trigger: a big trade printing at a broken structure level carries far more weight than one floating mid-range. Trade Plan: 📍 Entry: Short…
XAU/USD: Bearish Trendline Keeps Sellers in ControlAnalysisGold remains under bearish pressure after rejecting the descending trendline and failing to reclaim the key resistance zone around 4,050–4,060. Price is currently testing a short-term demand area, where a temporary bounce is possible.However, as long as price stays below the trendline and the Fair Value Gap (FVG), sellers…
By analyzing the #Ethereum chart on the Daily timeframe, we can see that price has arrived exactly where we said the battle would be fought. In our previous idea, I mapped the Daily Flip Zone ($1,968.80 – $2,160.36) as the single region where the major reaction would happen — and price has now driven straight…
Gold has found temporary support after last week’s decline, but buyers are already approaching a critical decision area. Price is rebounding directly into a descending trendline while attempting to reclaim a demand zone that has been tested multiple times. Every revisit to the same demand area tends to absorb resting buy orders. Unless buyers regain…
Copper futures are starting the new trading week with moderate gains. We primarily expect further increases up to just below our resistance line at $6.71 in the near term. After that, copper futures should see a clearer move to the downside, but remain above our support line at $5.25. The long-term uptrend is then expected…
Alibaba has bounced in recent weeks, but some traders may see downside risk. The first pattern on today’s chart is the April 2 weekly close of $122.05. The Chinese e-commerce giant fell through that level in early June before rebounding toward it. The stock stalled below that price area last week, potentially suggesting that old…
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