PLTR is long-term bullish, but I'm getting mixed signals in the short-term as VP structure looks bearish and the clear lack of confluence among some indicators
Looks like it could go either way until the volume kicks in decisively.
H4 - Bullish trend pattern followed by double wave correction.
Bullish hidden divergence, most recent downtrend line breakout.
Expecting the price to continue higher further until the strong support zone holds.
D1 - Price is bouncing from a strong support zone where the 200 moving averages coincides.
Bullish hidden divergence.
H4 - Bearish trend pattern completed. Bullish divergence.
Expecting short term bullish moves towards the key resistance zone.
D1- Bullish trend pattern, we may look for pullbacks and buys.
H4 - Currently it looks like the pullback is happening inside a bullish flag pattern, bullish hidden divergence.
H1 - We have two important buy zones that has formed. Price has reached the first zone, bullish divergence.
Until these two buy zones hold my view remains bullish here.
D1 - Bullish divergence, higher highs, we may now look for retraces and then buys with bullish evidences.
H4 - 3 higher highs, higher lows structure.
Currently it looks like the retrace that we are looking for is happening now. We also have a hidden bullish divergence that has formed.
Once the retrace completes itself we may then start looking for bullish...
H4 - Price is moving inside a channel and is currently nearing the bottom of it. Bullish hidden divergence.
H1 - We have a critical zone formed by the fibo level of the cycle and the bottom of the H4 channel, price is nearing this critical zone, bullish divergence.
Once the price reaches this critical zone we may then start looking for bullish setups with more...
D1 - 3 higher highs, higher lows structure, currently it looks like a retrace is happening. Price is nearing the uptrend line, bullish hidden divergence.
H4 - Price has reached a critical zone formed by the fibo level of the cycle and the daily uptrend line, potential bullish divergence.
H1 - Potential bullish divergence, until this critical zone holds we may...
It looks like the corrective intermediate wave (C) completed its bearish course at1.1956. The recent attempt to push prices down brought the pair lower where it completed a corrective minor A,B,C at the round 1.22 level.
As part of intermediate wave (2), the minor three-wave corrected down to the 61.8% golden ratio of 1.1956 bottom and 1.2588 top at 1.21943 - to...
W1 - Price reached the bottom of the channel and is moving higher.
D1 - Three higher highs, higher lows structure, until the uptrend line holds we may now look for retraces and buys with bullish evidences.
H4 - Bullish hidden divergence. We may now look for bullish setups with more bullish evidences in order to join the bulls.
W1 - Double wave down, price reached a critical zone formed by the fibo level of the cycle and the psychological area 0.65 and is currently moving higher. Bullish divergence.
H4 - Bullish hidden divergence.
H1 - Price is moving inside a bullish flag pattern, if the price breaks above the top of this pattern we may then start looking for buys with more bullish evidences.
Though there is bearish divergence forming, there is also a bullish hidden divergence forming at H4. I believe that price may go beyond 1.2384 because of the hidden divergence. But have to be cautious about the bearish divergence forming.
What we seen is that FTM is ready to change the downtrend to an uptrend!
- FTM creates a big hidden bullish div
- It has created a higher low
- low volume
- EMA 9 under the EMA 21
You can take the position over here (161 -163) with a stop loss (150 "lower than the last higher low").
H4 - Price reached the bottom of the bullish channel, bullish hidden divergence.
M15 - Two false breaks with bullish divergence, price has broken above the last high.
We may now expect possible continuation higher.
D1 - Price has reached a strong support zone and is moving higher, bullish divergence.
H4 - Bullish divergence.
H1 - Potential bullish hidden divergence, until the last low holds we may look for more bullish evidences in order to join the bulls.
D1 - Bullish hidden divergence.
H4 - Price is holding the 100 fibo level, bullish divergence.
H1- If the price breaks above the downtrend line, we may then look for pullbacks and buys with more bullish evidences.
If you want to be more conservative then wait for the price to break above the high shown in the chart, we may then start looking for buys with more...