Good evening trader, Im expecting a long on GJ, price has been rising, and I expect price to keep rising for a nice amount of pips! I have a daily resistant line placed and I think price will most definitely touch it. Expecting price to move upwards of the 137.000 range. Just to be on the safe side for some id look for a buy limit order because price could pull...
This is GBPNZD - Weekly chart: Price is moving within an ascending channel ad its testing an ascending line Price is at an oversold area on the RSI and it has the potential to reverse higher
Price broke out of this ascending channel from this supply zone @1.35710. It was slightly tested but you can sell for a solid 2.33:1 RR.
OANDA:XAUUSD I think GOLD will continue is way up and won't broke the ascending channel that we are currently in. At this moment GOLD is trading sideways. When this pattern is formed, usually we see a continuation on the trend. That's why I think it won't broke that resistance zone and will test the trend line until it goes up and break the resistance level...
Similar to AUDCAD waiting for a break to the downside
Great Rising trader! ETHUSD is looking to have some drawback to the key area on my chart. I expect price to reach the key area, and rise for a nice profit on this beautiful Saturday! If you take a look at my chart on the daily time frame price broke out of the ascending channel that it was in, and moved towards the bears. This is just a thought that I am sharing...
Good Day everyone Here's a look at the USDZAR looking for the continuation patterns or the trend to the downside/ downtrend, the pair has been trading in a descending channel on a downtrend hitting HL & LL as we just hit a swing low upon close this past week. looking for continuation of this trend on the pair to resistance level 16.33836 since there are no...
Costco has been in an ascending channel since 2017! Long Costco!
Today’s analysis – LBCBTC – Testing key support, price holding this level forms a higher low; first signs of trend continuation. Points to consider: - Macro-trend bullish - Key level- channel support - 21 EMA- visual guide - Volume influx - Oscillators oversold LBCBTCs macro trend is bullish with consecutive higher lows and higher highs forming a probable...
Hello there, Price is making ascending channel in Weekly TF. And right now price is making Continuation Pattern inside the uptrend. Here we have 2 possible entries: 1. Entry at the ascending channel line, which is also a possible swapzone in H4 2. If price breaks the swapzone, we can entry at the demand zone below the swapzone. This entry is just possible if...
This stock has been in an uptrend since the past month, thus, it will be showing some correction. The stock is forming an ascending wedge which is a sign of weakness in the price action. The price has not been able to push past the resistance level i.e. 608-610 level. The price is going to move towards the 565-570 level. Thus, I would insist no fresh position...
Don't shoot the messenger! I have a timeline of Tesla below which should put a price target on NIO North of $400 to $500 a share. www.thestreet.com As we stand today, NIO is much more successful than Tesla ever was and at this time, or there a bouts, compared to Tesla at or around the same time period in production & sales, Tesla was trading north of $360 a...
Hello there, Here's the update of GBPUSD, at previous analysis, we got a great opportunity to short the currency, basically the retracement of the currency. Right now, we're going to follow the real trend of the currency (for now). Although at Weekly Chart now prices are forming Rising Wedge (Continuation Pattern). One more thing that supports this analysis is...
Just an FYI... If anyone missed this today... At approx. 1:59 PM today, news was announced that Richard Branson Secured a financial package for Virgin Atlantic of about $1.5 Billion. www.barrons.com This is also great news for Virgin Galactic Holdings, Inc. because it takes financial pressure off all the Richard Branson companies as a whole. Also, on another...
Good Day Everyone A look at the GBPJPY pair from the 4h chart looking for a breakout from the ascending triangle we've had a couple of fake-outs, looking to see if structure will hold or we'll see that volatility we've been waiting for on the pair... pending Oder, buy oders etc. just around 135.604 looking for a break above structure a break below the whole...