Target is 31,150ish or it might wick down to 29k. before a bounce on 31.2k maybe?
after breaking the trend line (rising wedge) its ready to test the first demand zone on its way. waiting for a nice pullback to the broken line then sell it. I get a long position on 34176 ~ 34270 with small SL 34000 first TP 34800 about 3.5 RRR . I use small lots.
ARE WE GOING TO BOUNCE? No update on the bullish path from yesterday a bounce here will look to confirm a bullish H/S pattern and see a strong challenge of breaking the key $33k resistance. Losing the $32.2k here though could be devastating though - and a quick fall to $31.5k and then just losing support after support to $30.1k There has been a pretty tight...
Tejas Net is forming BIG cup, after SMALL Cup & Handle. Fundamentals of firm are improving, as execution of orders continuing.
The premise for the the 3years time frame shows us a bullish window, and the chart, is forming an engulfing bull pattern..
This has helped me learn that technical analysis isn't always right. I was seeing a head and shoulders pattern, added my graphics, and waited. I expected the head and shoulders pattern to lead to a downward movement, but instead, an upward push ensued. I also placed my first ever paper trades after making an analysis. This was a great learning experience and I'm...
Basic analysis with possible short term move for gold,
Heres how I entered my long position in $EXPR: On the daily chart, you can clearly notice the cup formation. Once I felt the handle had formed after some consolidation and testing support levels, I entered into a long call position off the support bounce from $4.5 setting my strike price for $5 (.30 cent per contract) EXPR didn't fail me once over the week,...
Litecoin making Head and Shoulder pattern in 1 hour time frame its clear it will goes down at 110. NFA please share your thought in comments. thnks for the support.
if price interest to pullback at supply @ 1781.742 and drop. thats it. like and comment.
i think if cross my trend line this share become rocket invest in this stock 38-35 target above 44 and if this target achieved this share rocket and journey to next target
Little Revision New Data Predicting Larger Uptick
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Day trade for Tuesday June 15.Technology sector has had a week of strong relative performance. Momentum indicators in full swing, 1 hour charts show bullish candlesticks until close with increasing volume. Stop loss at 83; target price 88.
Oil plays are set up right now. Beautiful cup and handles. Bounces off the trendline and just launched off the 20 SMA. Lot's of resistance ahead, watch for a volume spike to get through. Give it some time. (3 months). Oil go Xoom.
This is just educational post about Bitcoin dominance. It might performing H&S pattern. Volume is declining from left shoulder to the right as it supposed to by the theory. If is valid then it should decline all the way down to 37%. If it so, it could mean ALT SZN! What do you think?
So from looking at the MATIC / BTC charts we have already done a 50% recovery from the bottom but I think we may see 1 more leg up to the 61.8% fib level before another pullback occurs. This is not a guaranteed leg up so I am watching closely to see where we go but it can turn downward very quickly considering the bearish flag forming in bitcoins hourly charts. ...