As long as Bitcoin sustain above 18,000 we can see break out from falling wedge and might test 2,630 $. MACD also turn to bullish on 4H.
For anyone considering AAPL for an earnings runner here is what you need to know. AAPL has fallen back into the channel before the breakout and will is now sitting on support. Monday 10/26 Scenarios: Scenario 1: AAPL gaps up pre market and is now looking strong and bullish heading to the next Fib and so on Scenario 2: AAPL finds resistance and heads down towards...
BAL has had a bit of a rough go, much like the rest of the market, in recent times. Up until a few days ago, clear descending channel. It had a breakout then got stopped at very firm support turned resistance. I've got a feeling we might see a jump back up here in the next week or so. INDICATORS MACD has a bullish divergence right now and just fought...
Previously, I mentioned BTC was in a bit of a tricky spot, looking like it might be heading into a textbook Bart Simpson. Looks like we may have avoided this formation! BTC pulled the ole "I'm going home" with the move up above all our notable levels and EMAs on the 4H chart! If we can post a close at this level, we're looking good for things to turn back...
ARE WE GOING TO GET A BOUNCE FROM HERE OR WILL THE USD MARKET PULL US FURTHER DOWN?
TSLA I made an argument earlier this week that since the last 'golden cross' in late March, TSLA stock price always bounced off of the 200 MA level in an hourly time frame. "When is the next bounce?", I asked. I believe we are at that point now. The question now is that if the current market condition will allow for this structure to sustain. Let's hope the...
First scenario is in yellow arrow while second scenario is in red arrow.. I would really love to hear about your opinion about my analysis..
HEAD AND SHOULDERS SHOWN AND DOUBLE BOUNCE BACK AT BOTTOM. COULD BE A STRONG BUY. (SUGGESTION ONLY)
USDCHF coming closer to our preferred entry level at the ascending trendline, also corresponding perfectly with our 0.618 Fib retracement level. I'm hoping to see the trendline hold and bounce, otherwise my nullish sentiment will be changed completely if it doesn't.
Last week, this pair moved in an ascending parallel channel. We expect the bearish trend to continue towards the bottom of the channel and support zone. Once reached this area, we will look for buy opportunities.
FX:EURJPY EURJPY reaching the end of the pattern. It is now trading next to an important support range showing signs of weakness it will possibly bound on this zone and go long with 4 different level targets to get your profit - MACD and RSI diverge on the weekly chart Next week we should see this shorting towards the 116.292 support line and the beginning...
Instrument: CUMMINSIND Time frame: 4 hours indicators: Stochastics: bearish PSAR: bearish My analysis: Expecting CUMMINSIND to gap down / sink to 371 - 354 on Monday. Once it starts retracing back upwards would like to buy above 366 to 371 keeping the so below the low of the day for targets 379 - 386. RISK DISCLOSURE: Technical analysis of FOREX and INDIAN...
Netflix has bounced 3 times off of the upward trend line. I see it going higher hitting the various levels indicated by the yellow lines.
Kinda feels like the bear has no much strength to even drag this pair further deeper. We have seen good gains on the comdolls from the beginning day of the week. Equity market did raise well and mostly TVC:DJI but talking back to comdolls at the moment bearish are weakening. Feels like there could be more probabilities for upside rather than the downside as long...
POSSIBLY AT A BOUNCE POINT WE MAY FOUND SOME SUPPORT SELLING THIS PAIR IS ALSO THE OPTION AS IF OUR ENTRY TO GO LONG FAILS TO SUPPORT WE WILL HAVE A CHANCE TO SHORT THIS PAIR TO THE NEXT LEVEL OF SUPPORT BEFORE TAKING THIS PAIR TO THE UPSIDE THIS IS AN EITHER OR SITUATION WE CAN EITHER SELL THIS PAIR IF OUR ENTRY FAILS OR WE CAN EITHER BUY THIS PAIR AFTER...