On the 2 Hour timeframe, another pattern is in the making. If it so happens to be a morning star doji (one bearish candle, followed by one where the market is undecisive, and ending with a bullish candle), we will see a market reversal and Gold will enter into a bullish upward trend on the 2 hour timeframe. I have highlighted the pattern for you.
Please allow...
A possible bullish Gartley pattern cab reverse GBPUSD trend into bullish. Just wait for confirmation of a bullish candle formation, on the flip side if can not sustain and break previous low then abcd pattern come into play.
Bitcoin is at the crossroads as to whether it's bullish or bearish. In this short analysis we'll explain how and, more importantly WHEN, you we determine which of the two it is. By being able to identify the technical direction at the earliest safest point, we'll either be given the gracious opportunity of stepping away from the fast-approaching freight train, or...
Last week, with the weekly chart view. I found something interesting with this Stock.
Eventually, the chart pattern was making a bullish penant but past few week price was closing below support trendline of bullish penant.
But,
if we take a look 3 last candle of weekly chart. It created a price action of morning doji star with high volume on the last candle...
$BABA is a buy at these levels,
The chart has completed a 61.8 retracement and price action has consilidated into a falling wedge,
Target 1 is $243
Target 2 is $273
I'm trading this one using call options.
The Three Stars in the South candlestick pattern is a very uncommon bullish reversal pattern. I've only ever seen it complete on the daily timeframe one other time in my career - when Tesla went on its truly parabolic run from 1300 - 3000+. See related idea.
Seriously, that's the last and only time I have seen this on a daily chart without it being a historical...
I like what LAC is doing here
Sitting on 200 MA
Breaking out from bullish falling wedge
Consolidated after earnings
Held the level
MACD, RSI look healthy as well
Globus Maritime Stock Available At Robinhood
Currently $4.91 & SHORT SQUEEZE UP TO $100
Price Action Hovering Near Alltime Lows.
Confirmation Of Double Bottom!
Officially Breaking Out Of Falling Wedge Pattern
Bullish Reversal!
Short Float Percentage 21%
Of all its shares available, 21% is shorted meaning 1 out of 5 shares is betted the price goes down. So...
SUPER as a newly NFT project shows some volatility.
SUPERFARM is around the corner and good news are coming in.
The downward parallel channel has been broken.
Currently it looks like we found support and even went through the first resistance.
SUPER showed some trouble breaking the second line of resistance but this is just a matter of time.
Basic rules:
-...
As you can see from the chart, MSFT broke out of a symmetrical triangle formation right around January 20th and enjoyed a very strong uptrend for about a month. We can see a clear break in this uptrend around February 18th just based on price action and we can also see that at this same time our fast EMA's quickly turned silver indicating a weakening of the...
I still think it's not taking too long for #ADA to make a move. This looks like a reversal. Some people including myself are really tired of seeing Cardano bleed like this. This beautiful project and also we do deserve better. Let's hope it's a breakout to a new ATH this weekend!
What do you think or see? Please let me know in a comment, would love to see this...
I am not saying this with certainty but these are the types of price action that I watch out for if I want to trade reversals.
We seem to be forging a possible higher low with the current price action. Could this be the first higher low that kicks off a bull leg? I think the context is valid for it so something tells me it is but we need confirmation first....
several touches of the yellow down trend line suggest next touch should break up.
Very bullish the second touch of the red line didnt break, and was bought up quickly.
I expect price to break out past the yellow, briefly test the green trend line, before running out to retest the ATH @ 8.9
It probably will bounce off the ATH, which might have good entry...
112.15 ENTRY PRICE.
100.94 10% STOP LOSS.
117.76 5% TARGET.
123.37 10% TARGET.
Volume 100%.
200 sma inclining showing uptrend.
RSI above 50 level.
Price had a brief 3 bearish candle pullback that stayed above 20 sma.
Current price candle was a large body bullish reversal candle.
Price created a new high.
