🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "NICKEL" Commodity CFD market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated on the MA level breakout of 16130.000
However I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 16500.000 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Fundamental Outlook 📰🗞️
The Nickel commodity CFD is expected to move in a bullish direction, driven by several key factors.
BULLISH FACTORS:
Supply Constraints: The global nickel supply is expected to be constrained due to production disruptions and declining ore grades at major mines.
Increasing Demand: The demand for nickel is expected to increase, driven by the growing demand for stainless steel and electric vehicle batteries.
China's Nickel Imports: China's nickel imports are expected to increase, which could support nickel prices.
Indonesian Export Ban: Indonesia's export ban on nickel ore is expected to reduce global supply and support nickel prices.
Technical Analysis: The nickel chart is showing a bullish trend, with a potential target of $20,000 - $22,000 per ton.
UPCOMING FUNDAMENTAL ANALYSIS:
Chinese Economic Data: The upcoming Chinese economic data, including GDP growth and industrial production, is expected to show a strong economy, which could support nickel demand.
US Economic Data: The upcoming US economic data, including GDP growth and durable goods orders, is expected to show a strong economy, which could support nickel demand.
Nickel Inventory Levels: The upcoming nickel inventory levels report is expected to show a decline in inventories, which could support nickel prices.
Mining Production: The upcoming mining production report is expected to show a decline in production, which could support nickel prices.
MARKET SENTIMENT:
Bullish Sentiment: 60%
Bearish Sentiment: 30%
Neutral Sentiment: 10%
Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂