HDFC BANK is ready to give the breakout of parallel channel and also looks like flag pattern breakout on daily timeframe. Target - 1600, 1650 +
A BREAK AND CLOSE ON THE DAILY ABOVE 0.173 WOULD BE VERY BULLISH AND PATTERN BREAK OUT TARGET WOULD BE .22Cents ,with the btc.D so high we can seea big move from ada here
Nasdaq is still pushing to the upside despite the deep pullback to the 11 821.80 area. We might see it soar to 12 300.00 in the coming weeks.
We are now currently breaking though all resistances apart from the horizontal. Let’s see if we can push through :)
We have a triangle forming with the ABCDE corrrective pattern on play. Trade the breakout. I hope it helps.
$V forming an ascending triangle on the daily and consolidating over the EMAs in a very bullish pattern. Above is a nice gap and I will be looking to take a trade when this gets above the red triangle top horizontal line. Fintech looking strong as a sector as well. Remember volume confirms the move and large gaps are often not completely filled. Please give a...
BITSTAMP:BTCUSD at a key resistance / support zone on the 4H chart. Trend: Bullish Enter LONG @ 9890 Stop Loss @ 9080 Take Profit 1 @ 12200 Take Profit 2 @ 13100 Take Profit 3 @ 14400
Few things you need to look for a perfect play in this pattern: 1. Ascending triangle are the most reliable in an uptrend, ideally when its formed after golden cross of 50 and 200 SMA. 2. Must have higher lows with increased short selling activity near horizontal upper line. 3. If you have breakout and on top of that you have new 52 weeks height, you have a...
DACAPITALTRADING V2.0: WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY! - 1 HOUR Small bullish pullback to the upside! 4 HOUR Bearish market with 40% pullback of previous wave. DAILY Bullish market turned bearish and was dropping over 1 week now! OVERALL I think...
Triangle formed in previous resistance that held completely!! We know see a clear breakout and a double top confirmed at 0,382 fib retracement. All those in 1H timeframe. Take profit 1 is at AB=CD completion pattern which also is a 1.618 fib extension. tp2 is a long one at previous support. Don't forget to add me on insta @theo_k88 and @profiths_fx for more.
OTC:TRON is one bright spot in the market. toroninc.com This is an update to a previous idea. Primary Wave is extending. Primary Wave: Fib Time: Current: Near-Term Target: Will update. -AB
This is based on the observation of the downward AUDUSD channel established from the beginning of this year. Apart from the technically lined lower lows and lower highs along well defined trendlines, a fundamental observation can be linked with the fact that we have observed cycles of: - Bullish Signs: Lower Unemployment rates, high GDP growth approaching 3% and...
GBPAUD has rejected well from the resistance region and also had breakout of major Daily bullish trendline. Looking shorts only on this pair.
Hello Traders! Here we have a falling Wedge pattern, it's one of the most Profitable patterns! You will see a breakout within the next couple of weeks or even months. As always this is my trade opinion. Do your own research and never risk more then you can afford to loose! Feel free to ask me questions and or comment your thoughts and ideas. You wait, you win....
Hello everyone and welcome to this analysis on IOTA: . As you can see the technical tool that I am using and has been rewarding to me is based on the EMA 52,26,12. A crossover of the EMA 52 and 26 is a sign of a beginning of a trend. In this case you can see that the EMA 26 has just crossed the EMA 52 representing a start of a bullish short to mid term trend...
LiteCoin (LTC) :- Trading within a zone of support and facing resistance everytime it hits the upper downtrend line of the parallel channel. The Downtrend Channel Breakout would signal a move to the previous highs and would confirm a Bull Trend for LTC. A breakdown from the zone of support would mean that we initiate our short positions as we would then be...
On the shorter timeframe, this pair has been consolidating since it pushed higher. It did not go far, indicating that the resistance level is strong and a direction is unclear. Once a breakout happens, it will be confirmed the direction this pair will go. After a breakout, wait for a hold of the previous structure. I am in favor of the short side, since when...