- DOT is currently breaking out of the descending channel on the daily chart! - On the weekly chart we a have higher highs and higher lows, so there is nothing wrong with the overall bull trend. - Also an Impulse Elliott wave finished successfully with 5 waves to the downside, so now there should at least a retracement to 0,618 FIB. - RSI horizontal line is...
Price currently in a strong descending channel would be expecting some corrections to the downside and then a massive buy up till the 90% rule is fulfilled. This should be a long ride.
-> The market on the HTF has been moving bearishly through a descending channel on the daily TF, to which the price reached the support dynamic level and reacted from it with an impulsive move. -> Now on the LTF, the market has broken two 1H structures and one 4H too, which tells me that the market has moved its momentum to bullish and the likelihood of the...
Hello everyone. USDCNH created a recent new low since May of 2018 when the trade tensions between US and China emerged, followed by sharply depreciation of Renminbi. With the help of strong export in the past two years, Renminbi went against the greenback by 12ish%. If the Renminbi becomes too strong, it'll undermine its export competitiveness. There was no...
1. Nifty is trading in descending channel, it had almost touched the upper trendline but short covering happened when it went near that trajectory, same level represents resistance zone at 16800. 2. I often use Bollinger Band to asses the pick and the bottom of Nifty on daily time frame, where I observed constant rejection from mid-line of Bollinger band, somehow...
Hey Traders, As you can see on the daily chart of Binance Coin (BNB). There is a very important visible descending resistance line, if we break this the breakout could be the orange level but in the rare case the green level. Once this resistance line is broken the trend will have been reversed! Safe trading, -Pulkanator
AVAX is travelling in a descending channel giving swing opportunities. Analysis Descending Channel intact Symmetrical Triangle in progress on H4 Actions Wait for breakout wither upside or downside Take entry after retest
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE AUD / DOLLAR * The PAIR has been trading in a Ascending channel , just tested the roof of this structure after that fake out seems the bears are in control. - Short term the pair is in a down trend on lower time-frames as we see break bellows even on the 4h...
IPCA was trading in descending channel since january & it broke out of with good sets of volumes on bigger timeframes i:e daily & hourly. Should be bought with mentioned stoploss & targets.
In 4HR Timeframe, Double Bottom is confirmed!!! In 1HR Timeframe, Descending CHANNEL is breakout with a sufficient Volume!!! RSI and MACD Divergences are confirmed!!! Hope to see at least 200 MA in 1hr tf.
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE DOLLAR / ZAR * The PAIR has been trading in a descending channel just tested the TOP of this structure creating a double top after some strong bullish rally. - Short term the pair is currently rejecting at this structure possibly signaling a change in momentum...
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT NASDAQ INDEX THIS WEEK SWING * The index was trading in a DESCENDING channel but seems the channel that saw a break above of structure but failed to continue this momentum towards the upside. - Short term the index is currently on a bearish momentum, a break and close below would signal...
BINANCE:AVAXUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! $AVAX is moving into a descending channel and now there's a break down attempt on the recent trendline. In that case I would take a SHORT on the retest of broken level and hold it till...
S&P 500 it's in the bearish movement that could to crash to 4,090 points or around 6% of depreciation of value. So, I don't convinced that this will make a key support as we're in times of war and the things has becoming worse for the stock market. But if you want to short S&P 500, noticed that you can to trade it. But, I don't trade stock market as i trade more...
It appears though Tilray, TLRY on NASDAQ is trading in a descending channel. A bounce to the downward sloping resistance of the pattern is expected near term, the company is a pump machine with the PRs, Irwin has his eyes on more than Hexo, so in my opinion, the company will continue M&A, and has the rights to change the terms of agreement with Hexo pending due...
The sell model is well labelled in the chart.Target is 0.71000
the EURUSD price is in descending channel pattern and is near to the DAILY support line 🔥 i predict a bullish move 📈 i'm waiting for support touch & breakout (buy confirmation)🧐 if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Here is a new SELL Scenario, i expect a huge drop toward 1.10000 during theses days week The risk aversion to the benefit of the greenback ! (Safe Heaven) With all the sanctions, and the war ongoing, the situation is not going to improve ! JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within...