4H Chart Explanation: - Price bounced on the bottom of the Weekly Ascending Channel. - Price broke the Descending Trendline and started its up move. - Now, price has free path to go towards the ATH Zone. Weekly Vision: Daily Vision: Updates coming soon!
Divergence on the dow hourly MACDH. Possible head and shoulders, watch out for a fakeout breakout
4H Chart Explanation: - Price broke the Descending Channel and started a down move. - It made a huge bounce from the Ascending Trendline. - Now, it is above a Support Zone, trying to develop an ABC Corrective Structure. - After that, price will move up towards the Pullback on the Descending Channel. Weekly Vision: Daily Vision:
Daily Chart Explanation: - Price is on a Descending Trend. - It si close to an important Support Zone. - We expect price to get to there before looking for buy setups. Weekly Vision: 4H Chart Vision:
Hello friends, I feel in this time, it is important to document. With that being said, I have always felt in the past I was always calling the bottom. With this chain of posting I will post my thoughts on what I think the bottom will be. Most companies are over sold and over leveraged. Hope this finds you well. Happy trading. Disclaimed - This is NOT...
Daily Chart Explanation: - Price broke the Ascending Channel and, then, went towards the Ascending Trendline. - It bounced from there until it faced the Resistance Zone. - After that, it started the down move again. - We will be looking for sell setups until price breaks the Resistance Zone at 8.000. 4H Vision: Weekly Vision: Updates coming soon!
US is still on exponential growth curve confirmed cases (no signs of deceleration).
This year will be a difficult year for the world and America
Ford is going to 27 USD.
Weekly Vision: - Price broke the Ascending Trendline. - Price bounced on the Support Zone and made a pullback to the TL. - Now, it has potential to move down towards the next Support Zones. Daily Vision: 4H Vision: Updates coming soon!
4H Chart Explanation: - Price broke the Ascending Trendline and the Support Zone (now Resistance). - It went down towards the next Support Zone and bounced from there. - We expect price to retest it and, then, face a difficult zone on the Weekly Ascending Trendline. Weekly Vision: Daily Vision: Updates coming soon!
4H Chart Explanation: - Price broke the Ascending Trendline. - It went down towards the Support Zone and bounced from there, developing a pullback. - Now, price has potential to move down towards the Support Zones. - We are looking for sell setups on lower timeframes. Weekly Vision: Daily Vision: Updates coming soon!
Weekly Chart Explanation: - Price broke the Ascending Trendline. - Price broke the first Support Zone (Resistance Zone now) and is on a correction (pullback) to it. - Expect price to continue the down move towards the two next Support Zones. Daily Vision: Updates coming soon!
One thing is true the market moves in waves. The dow has now bounced of major support at 18200 and put in an inverted hammer reversal candle formation. 21680 is the first major resistance and an obvious target. Stop just below support. RSI is now pointing upwards and daily MACDH has triggered a buy signal. All the talk of major stimulus deal combined with...
Hello everyone, as we can see we are heading for the same % drop as in 2007, so expect till March - May 2021 the price to be around 5$ - 2.5$ . We do have support at 10$, but giving the fact how the 2007 crysis turned out for BAC with more than 90% drop, right now we are seeing record big drops, I see -90% from all time high price again. Right now we will see...
4H Chart Explanation: - Price broke the Ascending Trendline. - Price broke the Support Zone (now Resistance Zone). - Expect price to move down towards the next Support Zone. Weekly Vision: Daily Vision: Updates coming soon!
4H Chart Explanation: - Price broke the Ascending Trendline. - It is currently on an important Support Zone. - Expect a pullback from here and, then, price will start a huge down move. - We are looking for sell setups on lower timeframes. Weekly Vision: Updates coming soon!