Gold finally broke the Resistance + bull flag pattern which signifies high buying momentum Is about to take place.
Waiting for pullback and retest of this confluence area before going long on the pair.
Let me know your thoughts on the comment section.
Thanks😊
U can see supports and resistances. Also a big bull flag is forming on this index. A falling wedge after a decent pump. The pole dates back to Covid crash. I hope this will make u less fearful about the markets and inflation for coming months. NFA, of course.
There is an overall uptrend
Price broke out of bull flag pattern
Came back to retest and formed a double
Bottom on retest
So we have upside opportunities
We're sting low at a support of 1.33 all day. Looks like ADA is slowly recovering with a possible break out to $1.40+ looking at the 30 minute time frame. Just my opinion.
As you can see, after a sharp rally Shiba had experienced, it started its correction phase and created a bull flag ( bearish channel ). Shiba has 3 supported zone, one of them has been broken and the second one has been touched and supported the price. Since then, the price has stocked around the first broken supported. In the lower timeframe, you can see the...
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Watching JWN closely here especially with the expected acquisition news- Personally am bullish and will be watching closely for a breakout (Broader Market Conditions Permitting). Just some FIB levels and RSI-based supply and demand zones to keep an eye on-
- Possible cup & handle forming
- Bull-flag on JWN's yearly chart
- Gap to fill on the upside
