If we see this candel close above the trend line coudl see more upside
This stock has done nothing but great things! The chart is looking great for a breakout. Top possible being 37.50 and bottom being around 31.30. Looks like it's about to gap and go. I will be adding to my position on good dips.
Straight forward Double Bottom trade, previous area of support, we have rejected this area before
TCT Trade But Waiting for Double Bottom For Long Opportunity
After Wave 1 : Entry 7238 TP1 7380; TP2 7441 Pending Wave 2: Entry : 7300~7330 SL: 50pips PT: 300pip (6R/R, trailing up)
GBP/JPY - Bottom to be found between 156.02 - 156.21 The decline from the 163.89 high has been relentless, but it's only part of an expanded flat correction and once the low is found a new strong rally higher should be seen. The low should be found in the 156.02 - 156.21 area. At 156.21 we have the magic 70.7% corrective target of wave (I know that the 70.7%...
Looks like we have some a break out (although not 100% clear) on the 4h. Moreover, the last dip makes up for a possible bottom since it met a) the lower end of bull channel and b) the lower end of linReg(50,200). It is not a clear hit, what could mean it takes another shot at it, but the bottom might be in here already. Especially, in the light of Bert...
Long term consolidation - rounded bottom. Some choppy price action to follow with an eventual upside.
Previous pattern, Inverted Head and Shoulder, breakout was diverted by strong resistance around 36.70. Since the previous pattern busted, price has been coming down fast, we've already broke below the neckline support and are heading towards the previous low where the Head of the Inverted H&S stood at 27.85. Double Bottom Possibility To characterize as a...
Papa John's International Inc PZZA:NSDQ Target Price Range: $73.00 - $76.00 Implication Bottom Triangles and Bottom Wedges are considered to be bullish signals that mark a possible reversal of the current downtrend. Description Bottom Triangles and Bottom Wedges make up a group of patterns which have the same general shape as Symmetrical Triangles,...
NOAH forms “Diamond Bottom” pattern Description Bottom Triangles and Bottom Wedges make up a group of patterns which have the same general shape as Symmetrical Triangles, Wedges, Ascending Triangles and Descending Triangles. The difference is that these particular formations are reversal and not continuation patterns. These patterns have two converging...
These two plays are almost identical in duration and price movement and on both occasions it started when market felt relieved that bottom was reached, marking the beginning of a new long term upward market, just to find later that bottom was on 1,272 extension and later even deeper.
The EURJPY has been in this trading zone between the 122's and 124's for quite some time now. The question here is whether it'll break the resistance levels to go higher into the 124's or it'll break below the support levels as shown on the picture. As long as we keep in this zone advanced patterns will keep showing up just like this bullish bat setup. When this...
GBPUSD has pulled back to a nice level of previous structure. Look left on the chart and you will see that the market has respected the 1.4450-1.4500 zone on multiple occasions over the last month. I am looking for buying opportunities in this zone, in particular, looking for a double bottom to form on the hourly timeframe for an entry. If that trade setup plays...
I'm bullish silver for a number of fundamental reasons, but if this pattern confirms, it's the technical icing on the cake and gives an initial upside target of around $18.5, which coincides nicely with a pre existing zone of horizontal support and resistance. We also broke out of the long downtrend, we retested that steep line as support from the other side, and...
Apple go LONG, Glory will be back soon.
Bulkowski's Bump 'n' Run Bottom. Look for long on pullback. Target top of pattern.