DAILY : Currently attempting to recover above the clouds in a consolidation mode. Indeed, as long as Gold stays and hold on a daily closing basis above $ 1'720,00 it should still be seen as a consolidation phase in a broad sideways triangle price action. In order to neutralise the downside risk, Gold should break and hold sustainably above the $ 1'840.00...
HDFC LIFE may get trendy in either side.. after breaking consolidation phase...
* Great earnings quarter over quarter * Relatively new * Breaking out of IPO base * General up trend * Breaking out of a cup and handle forming since April 2021 * High Relative Strength of 1.46 relative to the Financial sector * Braking out with 56.83% more volume than average Note: * This has the potential to go much higher than the indicated target but it's...
GBPUSD has consolidated throughout the entire week and the price is now coming off from the to the range. The price is also seen breaking out from a upwards corrective channel and fell through during the Asian session. It's very likely that the price will continue the trend into the euro session, potentially bringing the price back to the range bottom at...
A GOOD CONSOLIDATION FROM APRIL 2021! Forming a Descending triangle pattern! Wait for a true breakout do check VOLUME! 50 EMA AND 200 EMA giving a good support! And for intraday making same pattern! TARGET PRICE=143/145 STOP LOSS= 113/111 And if breaks the consolidation then can hold for long! TARGET AFTER CONSOLIDATION=185/190 (the above analysis is only for...
Important Things to Note: BTC is flat out unstoppable. Despite any divergence or patterning, the FOMO is real and the buying is undeniable. This makes it extremely hard to predict the altcoins that follow it closely. Watching ADA consolidate for 3 days has been painful. From the last double bottom reversal, ADA looks like it is flagging. The coil it is forming...
Right now Gold is totally consolidated. It breaks the trend line but does not take a good move. It always pullback to the 4HR trend line and go for long again. All I'm waiting for is the breakout support or resistance level to enter the market. Thank you guys and good luck 😃
Good afternoon traders, Today I am looking at the supply and demand levels for the most recent ethereum uptrend since its low in 2020 (~88.18). I am NOT a financial advisor, this is simply for entertainment/educational purposes: TRADE AT YOUR OWN RISK. 2020 Low of 88.18 (~3/9/20)---> the following two candles we see the DEMAND AREA being formed between (A 118.63)...
* Great earnings quarter over quarter * Strong up trend * Breaking out of a ~4month consolidation period with higher than average volume * High relative strength in the financial sector Trade idea: * If you don't mind a little volatility then enter now and join the ride * If you're looking for a discount you can wait for a pull back to the 53.07...
Micrososft in daily is in consoidation phase and incertitude. to buy we need to wait the break of the superior limit of the range.
#BTCUPDATE - 4.OCT.21 FAKEOUT & RETURN TO CONSOLIDATION A strong rejection at $49.2k brought the price directly back into the continued consolidation triangle and now back to awaiting which direction is going to be confirmed. Unfortunately an unfilled weekly pivot has a appeared that usually has a high chance of being filled - so it can be looking like a...
- We are having a pretty neutral structure after a big bearish impulsive move. Previous price action gives unclear signals of whether it will be a continuation pattern or a reversal to the bullish. - I'm just waiting for this structure to consolidate and for a breakout to happen, and to form a continuation pattern to a further impulsive move
Hello my friends. I think BITCOIN correction is done and it will consolidating between $39,000-$43,000 in the coming 2-3 months. By my rekoning the idea of BITCOIN drop to lower levels below $39,000 and some people saying it will drop to $37,000 or lower is not true. after the consolidation in the end of 2021 and early 2022 its very possible to see a spike...
BA technical price analysis. Cup and handle on 1 D it is almost done consolidating (or may be done) for the big launch. Lost trend temporarily but is back in (as expected in the last post). I would love for it to hit the support and 50 MA about $220, but a target of $280 (resistance) or $320 if BA decides to follow trend. Fundamentally BA’s travel sector has...
The price broke through the control points of the side support and rested against the local support level, now I expect a descent to a stronger level before returning to the sideways range. Have a nice trade!
* Good earnings quarter over quarter * Steady and general up trend * Recently broke highs from 2017 * Before breaking the highs from 2017 it consolidated for roughly 5 months close to resistance * After breaking the highs from 2017 it consolidated again for another 5 weeks creating a base on base pattern * Broke out of the 5 week consolidation with 88.74% more...
The price is still in a sideways range, there is a high risk of going below the pivot points, as the price constantly retests the lower border of the sideways range and upward impulses are becoming weaker. Have a nice trade!
* Good earnings quarter over quarter * Very strong up trend since inception * Breaking out of almost a month long consolidation with higher than average volume * Recently had great earnings report causing volume to come in and push higher Target: $542.67