Notes: * Great earnings * Very strong up trend on all time frames * Pays out dividends * Showing tonnes of strength and accumulation * Basing for the past 4 months while the general market and the respective sector took a nasty hit * Currently finding support at its 50 day line * Printed a Pocket Pivot Technicals: Sector: Industrials - Building Products &...
Notes: * Great earnings track record * Very strong up trend on all time frames * Pays out dividends * Coming up on the right side of its base after ~4 months * Has been in a tight range of ~3.8% for the past 3 weeks Technicals: Sector: Healthcare - Drug Manufacturers - General Relative Strength vs. Sector: 1.91 Relative Strength vs. SP500: 1.54 U/D Ratio:...
Price is on higher time frame trendline, pattern forming which is a falling wedge reversal that leads to a LTF impluse phase, these are good indication, to start hunting for some bullish opportunities Wait for price to impluse out, and smaller continuational correction to confirm and validate the buy potential GOOD LUCK AND AS ALWAYS, TRADE SAFE AND STAY SAFE!
I think it is very bullish, or do you have the same opinion!?!?! If the corrective movement trend does not fall below the price range of $0.918, the possibility of forming an upward trend similar to the drawn scenario is not at all out of mind. On the other hand, Ethereum and Bitcoin have not yet issued a signal for an upward trend!!! As long as the loss limit...
Notes: * Very strong up trend since October 2020 * Not the best earnings track record * Broke out of its base that was forming since 2018 with higher than average monthly volume * Retested that broken resistance several times on the monthly chart and bounced bullishly * Formed a double bottom in the past couple of months Technicals: Sector: Energy - Thermal...
Notes: * Very strong up trend on all time frames * Great earnings in the recent quarters * Coming up on the right side of its ~7 month base with higher than average volume * Creating an ascending triangle pattern (bullish) * Printed a pocket pivot Technicals: Sector: Consumer Cyclical - Specialty Retail Relative Strength vs. Sector: 1.23 Relative Strength vs....
Notes: * Strong up trend * Not the best earnings * Tested historical resistance of $6.17 around mid June * Broke and retested historical resistance of $7.43 just recently * Printed a pocket pivot and is still relatively close to its 50 day line * The Healthcare sector is doing relatively well compared to others Technicals: Sector: Healthcare -...
Notes: * Steady up trend * Great earnings track record * Forming a cup and handle like pattern on the monthly time frame for the past ~4years * Held up relatively really well while the tech sector was being destroyed * Currently bouncing off its 200 day line and now its 50 day line * Also forming an inverse H&S pattern and broke out of it * Bouncing off its 50...
false break out during consolidation after huge drop of gold price...possible fundamental expectation for price to retrace...therefore, buy possibility1
After confirming the break of the resistance level136.60, the price forms Elliott waves in a perfect way, the correction waves ABC are almost finished, and the bullish trend is still dominant in the market, which confirms the idea of buying. LIKE AND SUBSCRIBE FOR MORE DAILY SIGNALS
Hi, I hope you have a nice day. The bullish momentum is stronger than the corrective trend, but the price range of $31.6 has been engulfed! As a result, in my opinion, the downward trend is not over yet. The possibility that we have an upward trend to higher ranges and a downward trend is formed again to the price range of $27.86 is not out of mind! We would be...
NZDCHF just begin a fresh up trend, creating a HH and HL and also there is a retest of the previous highs with engulfing 4H candle
Notes: * Very strong up trend on all time frames * Great earnings track record * Building a base on base pattern * Held up very well against the general market and its sector * Recently bounced from its 50 day line * Printed a pocket pivot with higher than average volume * Saw a lot of demand around the 50 day line a few days ago with a strong bullish hammer ...
Hello traders, After the price made a quarterly low and created a Bullish Order block ( BuOB) the price rallied up to form a breaker to indicate a change in the order flow. This week, catch the lowest price possible so that we can continue going long. Wait for the price to come to the level around 0.75125. Like and comment if you agree 💯
EURCHF has fallen to all time lows. Based on our analysis, we are seeing H4, H1, M30 and M15 oversold. We see M15 and M30 divergence. The stop loss is very tight as this is a counter trend.
Big move today for the Australian dollar, with selling pressure for the franc. The pair breaks the bearish channel and forms an ascending triangle pattern as a reversal. must wait for the pullback and retest the key level before going long . subscribe for daily free signals