This pair has a descending triangle and is currently back at the support zone it has not be able to break from previous attempts in the past.
On the lower timeframes (1hr, etc) there is a bounce off of the golden zone of Fibonacci and I am looking for this pair to continue pushing up.
Here is the play I will be taking on this pair:
PAIR = NZD/CAD
ORDER TYPE...
Price for gold is currently consolidating in a major support zone.
I am expecting price to break out of support and head back to resistance.
Here is the play I will be taking on this pair:
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1812.44
STOP LOSS = 1804.55
TAKE PROFIT = 1828.64
Price has broken out of the resistance zone on the 4hr timeframe.
I am expecting price to continue moving up.
Here is the play I will be taking on this trade.
PAIR = GBP/CAD
ORDER TYPE = MARKET BUY NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.73027
STOP LOSS = 1.72551 - 49 pips
TAKE PROFIT = 1.74607 - 158 pips
Looking to take advantage of price breaking out of a downward channel resistance zone.
Price has not broken the zone just yet, but it has bounced off of the 38.2 fib level with a convincing wick so I am will take enter the buy now (a bit prematurely) for that reason.
Here is the play I will be taking on this trade.
PAIR = EUR/CHF
ORDER TYPE = MARKET BUY...
On a daily time frame there is a downward channel leading into a major support area.
I am expecting price to balance off of the support line of the downward channel where it currently is at the moment and break out of the channel heading to the next level of resistance.
RSI indicator is coming out of the oversold state as well as the MACD showing a possible...
CTRE is a REIT focused on adult care facilities.
Overview beyond the technical analysis:
In the past, CTRE it has been recommended by highly experienced real estate attorneys as a long-term REIT for holding/dividends.
Given the aging boomer population and focus on healthcare amidst the pandemic, this REIT stands out from others.
Technical Analysis:
CTRE is...
Another awesome day to see our analysis play out. We hit 1822 level and 1828 target. So far 6 targets out of 7 already done !!
The last target is not one we will target from here unless we get confirmation with our signals. However as the market structure remains same we will continue to pick up buys from dips.
HOURLY CHART
We hit the 1828 target inline with...
hello everyone.
we had a clear retest on the daily chart .
The first resistance is 29 $ but the 35 $ is the stronger area.
at the end zoom out a lit bit!
Note:
I last mentioned this around late October 2021.
Since then it's gone up and consolidated while the rest of the market was turning down.
This shows institutional support technically and it's also doing really well fundamentally.
* Amazing earnings quarter over quarter
* Incredibly strong long term up trend
* High 3-month relative strength of 2.64 in the...
bull!!!. looking for price to reach fib 60% area also to hit rsi oversold 30% which would mean price would also hit a support level and if not hit trendline also, moving averages confirms strong uptrend.
This is an update from yesterdays post.
Al targets being HIT, as mapped out by us. Price is currently challenging 1813 Goldturn resistance. If this holds we will see another drop towards 1800 - 1795. However if we get EMA5 to cross this level with a Goldlturn, then we will safely resume to next target 1822 and 1828.
We are getting signals both ways between...
Solona (SOL) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
The Solona has been in a relatively reliable up-trending since April of 2020, without any major breakout or breakdown. The price action is looking very weak as it has done a breakdown of the up-trending. Currently the price is retesting as a major support...
Based on these technical indicators, I see Netflix ending the week above $600 per share. MACD shows growing bullish divergence while D+ also shows growing bullish divergence as indicated by the green shadow. The green outline means that is below 40 RSI. Guth 3x Confirm also indicates a buy signal. It has been a volatile market but I personally believe it is a...
Hello Traders, The last trade HCLTECH given yesterday hit the first target and we are booking it in this choppy market.
The next stock is also a one to go long on as it seems the correction in bhartiartl seems to be over and done for.
There's a demand zone near 650 levels which has been tested and stock took a good demand and reversed from here, we'll try to buy...
