Identifiable BULLISH INTERVERTED HEADED & SHOULDER CHART PATTERN !!!!!
AUDUSD is on its final leg needed to complete a very common chart pattern ...The BULLISH INTERVERTED HEAD & SHOULDER.
I will be looking for BUY opportunities on the lower time frame with expected first take profit at .756000
TSLA retesting resistance at 942 level.
If 942 level is rejected the bear trend started in January will continue downwards for possible targets @847.94 and @780.21
Also tesla can reclaim the level above 942 aiming for resistance from bear channel started on November and have 986.20 level as a target.
Hi guys! 👋🏻
🔔 I believe the impulse is very high and the Australian Dollar will continue upwards. The track for the #DXY will be set by important economic data today and tomorrow, especially the #NFP - non-farm payrolls.
🔔 Russian Ministry of Finance this week declared the start of Gold purchases starting February 7, might effect the Gold price. The current...
Haven't seen a cleaner Diamond breakout in quite some time.
Although diamond top upward breakouts have poor performance statistics, the Cleanness of this pattern + Above average Volumes on breakout + MACD bullish crossover is persuading me to take action.
Target 3130
Keep SL according to your risk...
Market progressing just as expected. Rejection of the Key support level confirms wave b of the correction. Now let's see how the market plays out through this progression.
We still have to keep in mind the Daily outlook for Gold could go either way based on the interesting development of the Triangle pattern. You can find the link below this post.
Let me know...
NSE:GUFICBIO Broke out of rectangle consolidation pattern and now price gave retest + confirmation.
Bullish signs-
Big volumes on breakout and on the buy side.
Price entered virgin territory with this consolidation and breakout.
Recent support from 30 week MA.
Low volume red candles.
Pattern is of a bullish flag type.
Stock has already delivered multibagger...
Traders,
As you know, when you are bullish, you go long.
And when you’re bearish, you short.
Many of you have noticed that my bullish sentiment has quieted down a bit. It may even appear that I have become bearish in the crypto space. Short-term, maybe a bit bearish. Longer-term? Not yet.
So, why have I not taken any short trades during this drawback?
Well,...
NSE:AFFLE broke out of a cup and handle pattern and gave a retest. Price made a green candle and is back to breakout levels.
Bullish signs:
Strong uptrend before this consolidation.
Recent support from 30 week EMA
Heavy volumes on buy side. Red candles are of low volumes.
Hit all time high on breakout.
One can enter entire position at break of yesterday's high....
Cadjpy hourly trade idea,when we saw htf bias that its changing its direction we came to more lower timeframe and find our entry, it can be a swing, because of some Fundamental events and technical analysis.
Confirmations and confluences:
1. Higher timeframe bias,
2. lower time frame confirmations,
3. shifting market structure.
4. fundamental analysis.
Market is in a very interesting corrective setup.
let us see how it plays out in the next few days.
Comment your thoughts below. I will keep tabs and make updates accordingly.
Just monitoring price around the current support to see if we can get an obvious push back up for a retracement and then ill be looking for those short positions for a continued move down on the higher timeframe.
Hello, everyone! Here's my analysis for GBP/USD!
Price has just reached support on the Daily. We've seen consistent moves to the downside for this second half of January. These next few days should give us a clear outlook on how the market is going to react to this 1.34xx area. Also, a new monthly candle will open on Tuesday!
Here's what I''ll be on the lookout...
