The PEAD projected a Bullish outlook for $CPRT after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
/ I have pointed out the divergence (double heights + decline on RSI) on November 2021 that drives the current correction / Now we are about to finish the downtrend / Still some sideways/mere down movements are possible for a period of 1-3 months / The road to a new ATH wouldn't be a straight line (as drawn) ..lol / Timewise it would be in the 1H of 2023
Entry -POI: 15min OB (No FVG Available) -Risk to Reward: 1:6 -Pip Count: (SL: 11pips) (TP: 66pips) -Position Type: Buy Limit -Killzone: 6:30am -Session: New York -Time of Execution: 8:30am -Date: 5/30/2022 -Day of Week: Monday Moral: -DXY Downtrend (Distribution on Higher TF) -Daily Candle Opened up Bearish -EURUSD Uptrend (Accumulation on Higher TF) -Daily...
Our 20 and 50 EMA are looking like a potential crossing point and thus indicates bullish structure remains. I posted this one to show you all the basic way to spot a trend….higher highs and higher lows are bullish behavior. Very easy way to identify this is drawing “path” tool from lowest points to highest points as long as the next one supersedes the other...
At the moment, we have a bull move to $ 52,000, which is good for taking a long position
After that major capitulation, retest of the capitulation lows. The 4 hours chart is showing a strong inverse head and shoulders to push ETH to 4300 and above. 4300 first target would put us just above VPVR resistance where we can see consolidation before a leg up to next resistance. Follow and like, after the move to 4300 I will post an update for next supports...
As i did post an analysis yesterday about BTC in higher time frame , forgot to mention about Bullish divergence but it worth to mention it with another bullish pattern in shorter time frame As we can see from image above, we expected BTC to bounce at MA100 in Daily time and support trend lind did pretty good job, So BTC did bounce and we got a good...
Hey guys, EURUSD has been on a bearish move for quite sometime. After the daily support got broken, It signified a strong bearish momentum. Currently i'm on the sidelines on this pair but considering the weak dollar, i would look to buy. I would wait for the upper slanted trendline to get broken to give me a proper buy confirmation. Happy trading.
Here is my analysis for a bullish scenario for ETH. Fibbonaci Retracements: We're still above resistance level at $2698 (bottom of the area in red in the smaller Fibonacci retracement), and still above the bigger resistance at $2580 (bottom of the area in blue pale in the bigger Fibonacci retracement). Thus we can expect the trend to go upwards to reach higher...
Hello Traders! As we can see Market moved exactly as i pointed out in my previous post. It formed a rising wedge Pattern then broke out and now it found support near 37k. I is aiming to touch 50k to gain some confidence back in crypto. After that, we will see another drop. I will post the chart step by step.as we predicted the drop from peak Don't forget to...
TrueBit protocol ($TRU) is a utility token for the Ethereum Blockchain. I strongly advise DYOR on this one. BUt the technical team behind the coin is incredibly competent and interconnected throughout the Ethereum and greater crypto space. A $TRU gem for sure.
The chart posted to night is the ending of a 4th wave triangle a new bull phase is now starting !!!
After some Swing Trading analysis, I have been looking at taking a Long position on GJ. Using previous key points, Price recently returned to a bullish trendline after a positive move over the past several weeks. To back this up, price has broke above a previous resistance area. I am now looking for a retest at the Resistance (Or new support) area as an entry,...
Hmmm Where have I seen this little critter before??? Ture, this dolphin doesn't look the same completely but IDK until we see otherwise. So I am back at Seaworld for a winter waters show! BE AWARE THE WATER IS LIKLY COLD!!! Alright so after many hitting the reset button "Some" people played the game differently this time around. Ex: Buy...
I believe that GBPJPY will start the week off bullish. As we can see, we are at a pinnacle point that can be see two ways. A double top (followed by a sell off) or a break of resistance and formation of a new support. As you can see, we have strong volume being pumped into this pair with the engulfing candle that shoots past our resistance. From here we see a...
Based on the chart it can break either way for bulls or bears. Blue line indicate the support line holding if bear play comes into play. TQ
The SPX, DJI, and IXIC indices have been forming consolidation patterns after the market-wide rally in early November. Each chart is displaying bullish hidden divergence and an oversold stochastic RSI on the 4h. Expect more upside until the upper lines of resistance are met, at which point the indices will either reverse or resolve upwards.