Unfortunately the market sentiment is very negative, SPX can break the down channel either down or up. Watch the VIX for more anticipation - it is nearing its 2SD where we could see some reactions as it acts as resistance. In case it goes up towards 45, we will see SPX dropping to 3200 area, in case VIX would cool down to its average values, there could be a 30 -...
NSE:KPITTECH midcap broke out channel pattern on 2022-09-22 and is in retracement at channel resistance turned as support. Pros: Strong fundamentals and financials. Consistent revenue and profit growth. -ve net debt. Consistent dividend yield. Cons: Continuous reduction in FII and DII holding. High PE ratio. Price above Intrinsic value. Entry : Enter if price...
The Dollar has been on a very strong bull run as we track it week to week. We can see a clear channel has been broken, and price interacting with quarter point. In addition. price has corrected itself by 50%! What do you think is the probability of price popping back into the channel ? Love to hear from the followers of this channel!
Am shorting GBPCHF after a break and retest of a channel's support and fib levels.... Am looking to grab a quick 3.78R, pls observe good risk management and let's roll.... Pls support me with a quick like and I u would want to see more content like this consider a sub....thanks.
btc can move to 11000 12000 if btc can break the channel open long i think we going down becarefull
The support and resistance lines in the 19,200-20,700 area are very important because of the long range.
ETH is now trading near 1650$ . It is moving inside a rising channel on 4H time frame. Now there are two scenarios: 1- ETH breaks down the channel then that is short term Bearish signal for ETH and it can test 1476$ - 1400$ level. 2- ETH holds the lower support zone of the channel then it can again go for upper resistance line of the channel and...
$CRWD is breaking down through channel support and top formation. Patience.
• The gold price is encased in a triangle pattern, as seen on the H1 chart. The XAU/USD pair indicated a greater increase after breaking free of the down-channel pattern. • The channel formation was regarded as a bullish reversal pattern from a technical perspective. However, it may test and retest the support of the triangle or the downtrend line in the near...
This is the eur/nzd 1hr chart; as you can see we had an ascending channel, which was broken to the upside, and theoretically, if we see a breakout to the upside during an ascending channel, there's a good chance it could be a false breakout (although there are cases when it's not a false breakout, of course). So here things are like this: the price broke the...
Entry : above 287 SL : 250 Reason for trade: Currently the stock is trading at upward channel pattern. wait for the channel to break out with considerable volume. Note: am not SEBI registered analyst. do your own analysis before taking any positions
The pair has finally broken out of the range (descending channel)....time for trend mode(buying on pullbacks..)....am going in....5.68R.....
Hello guys. BTC is holding above $19.5K support, which is also the first potential reversal zone of bullish shark pattern. As after break of structure an unfilled order block is formed, so there are high chances that BTC will pump now and fill the unfilled order block. If BTC breakout that order block then the bullish rally will continue and if it rejects from...
Breakout of descending channel and consequent retest on 4H....am entering in for longs...target 1.618% fib level of the retest.....3.65R....observe good risk management.
Dollar General Short Term - We look to Sell a break of 242.72 (stop at 250.70) Following yesterday's bullish candle, the overall trend higher looks set to reverse today. Trading within the Channel formation. The bias is to break to the downside. A break of support at 244.00 should lead to a more aggressive move lower towards 220.00. Our profit targets will...
Sbin day chart traying to break pattern What do you thik guys breakout or fakeout Comment you thoughts
N.B. I am very very sorry for the recent trash quality posts because there is a huge update on my strategy and frequent loadseding problems.All problems is fixed so I will only post high quality posts again Previous important support and resistance zones: ***s1: 0.5308 **s2: 0.4631 ***r1: 0.4737 Conditions for Long: 1. Channel breakout 2.trendline...