Since the low on January 5, the ADBE stock have rallied and is currently attempting to break through resistance at $635.05. We expect the price to clearly surpass this level as part of the magenta-colored five-part wave, which will provide further upward momentum At the end of the movement is the high of the higher wave (C) in green. However, please also note our...
POLYCAB INDIA LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 4891+. ✅Can Go Long in this stock by placing a stop loss below 4200-.
Nifty will be gap up opening in today's session. After opening nifty sustain above 21700 level and then possible upside rally up to 21810 level & this rally can extend another 100-120 points if market gives breakout 21830 level in today's session. in case nifty trades below 21670 level then the downside target can go up to the 21550 level.
BTCUSDT. has changed its character after the breakout of the parallel channel and break of structure bears seem strong than bulls
Hi Traders! A symmetrical triangle has formed on the GBPUSD 1D chart, and we could have a breakout soon as pressure is quickly mounting on the pound. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it...
In the chart of Cloudflare, the last high should have set the top of the orange-colored wave b, which we count as a sub-wave of the larger (ii) in blue. Accordingly, we expect another setback to below the support at $75.50, where the reversal should finally be initiated in the blue Target Zone (coordinates: $67.96 - $57.11). Prices within this range can be used to...
GBPJPY price broke below and retested the support/resistance area, if price stays below the area, I expect the price to move lower. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
With multiple rejections of this level I can see price targeting the 40k level. That level IMO will give better idea to the price of BTC and or its next move. Im still on the fence cause i still see the 32 level . There is alot of data fling around this week so take that into consideration as well. if you agree please throw me and boost ideas and...
This is my next trade im looking to get into. Price has tested this level and everytime we get a nice action. On the higher time frames you can see the nice retest of the order block and a possible "W" formation for the win. MACD signaling buy and RSI coming out of the dirt is giving nice confluence I have a 30$ price target Please boost if you support...
Tencent remains in our magenta-colored (long) Target Zone, which extends from HK$302.60 on the upper edge to HK$237.40 on the lower edge. It is still our primary assumption that the stock will establish another marginally lower low within this price range. Once the wave (2) in magenta has been completed, we expect the price to rise above the resistance at...
Hi Traders! An ascending triangle is forming on the NZDUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bullish due to the market swings; the...
BATA INDIA LTD Key highlights: 💡⚡ 📈 On 1Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Above 1645+. 📈 There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 1830+. 📈 Can Go Long in this stock by...
Hedera continued to fall in the last week before a bullish counter-reaction occurred. According to our primary expectation, the price still has some room to the downside, but it should not be far to the low of the green wave 2. Once the low is established, a turnaround and a rise above the resistance at $0.10 is on the cards. Only the 33% probable alternative...
Hi Traders! A falling wedge is forming on the EURUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the wedge, as the market is looking for a direction. Looking at the price action, it looks bullish; we have had multiple tests at the...
Before any serious GOLD buy or sell, I think the yellow metal price must break out of the current 100 pips ranging zone (2027-2038). Here again, the Fundamentals for Tuesday (Jolt Job Openings and CB Consumer Confidence) will be key. Currently the market is neither a bearish nor bullish. It is a stalemate market, I think.
I know #AMC has been nothing to look at, but sometimes you gotta stick with your gut. The four hour chart looking like a db but the bigger picture is if you zoom out to the daily or the weekly. Price has been sitting on the 4.00 level unable to break lower. Bigger picture price seems to have resest and is siittin on a previous order block. It may be...
Meituan's price is still trading at the lower end of the magenta Target Zone between HK$96.90 and HK$64. Our primary assumption remains that the stock is already working on the wave 1 rises in turquoise - and that it should soon leave the resistance at HK$103.50 well behind it. However, we must continue to weight the option with a 35% probability that the stock...
EUR JPY traders are thinking 🤔💭 a bearish flag retest resistance levels breakdown fullback down 👇 Entry 161.013 Target 159.367 Safe trade ❣️🙏 pales like 👍 and comments