Advance decline has made a new swing high confirming the rally in the SPX and supporting strength for further gains in week ahead. Have very little reason to be bearish SPX at this point in time when market breadth is supportive
AS PER ANALYSIS , I FOUND THAT THE SUPPORT IS 35500 AND RESISTANCE IS 36000 [
BANK NIFTY MAY BULLISH ON 14TH JULY,
TRADER SHOULD WAIT TILL 35500 TO 35550 , AND THAN BUY BEFORE THIS DON'T TAKE BUY POSITION,
IF GAP UP THAN WAIT TILL 36000 FOR SHORT POSITON.
FOR GETTING LIVE SIGNAL CONTRACT ME 9811158705
We've been there a couple times. Not my first retrace, not my last, prob not my worst.
We already hit the bottom. Only thing that could really fuck this IMO up is a fraudulent tether drama / Mgtox v2.
Stay safe hang on the rollecoaster BTC is going to the moon in a near future.
Ethereum (ETH) Bullish Breakout
of Bull Flag/Pennant Buy Signal
After consolidating, Ether (ETH) broke above resistance to begin an advance.
Bull flag breakout of a bullish continuation pattern with strong volume. RSI is indicating scope for the rally. Higher lows create rising trend lines and upward sloping 50-day moving average favor further upside in ETH...
I am trying to get a chart the helps me understand if there is any divergence that can alert me to an impending sell off. Can anyone help with this concept either by putting up the relevant chart comparison and then describing if the divergence is meaningful?
We moved lower, breaking many structure levels and making a L3C. I immediately think bearish, and we may have an opportunity to go short. We had a Double Top at previous structure (OR), and I'm now waiting to see if the 2618 completes.
** update: stopped out, re-entered at 1.5169 long
After a very big bearish shark which completed at 1.5551 after 56 days, the GBPUSD rate retreated 50% of leg BC. Now, on a 4H chart you can see that the pair recently broke out of an upward channel.
Also, the last advance to the C point of the bigger shark, extended 1.113% and did not touch the 1.1272% extension....
Actually, I already posted this idea on Friday. But I draw this cypher pattern on H1 timeframe, that's why I've been criticized. On hourly timeframe this very cypher HAS a candleclose of C-point beyond 1.414. On H4 timeframe, as you can see, there's no a candle close beyond 1.414. I don't care wether you treat it as valid or not. I back and forward tested lots of...
Chart : red dotted line = structure level
red trend line = stop loss
violet trend line = entry
green trend line = target
Bought at 171.313, we went for a double bottom into previous structure support (red dotted line). A 2618 trade opportunity has been noticed in lower time frame (15MIN)
Now, it should be easy to get higher into our target, 172.091.
If market...
