$BQX/$VGX appears to be following an overall upwards trend of a leading and expanding diagonal. Resistance and support lines were plotted through the use of Fibonacci ratios and may serve as indicators for stop buys and stop losses. Some of those lines, however, specifically indicate sell/buy opportunities as indicated by the green and orange lines (and the giant...
This is one of those companies where the fundamentals match the chart. This company is bringing gene editing to cancer and biodevelopment. The leading diagonal is super promising to have a strong first wave that would finish at ATH. After the Fib correction this could fly outside the pitchfork and really show longterm growth. Price targets on the next two waves...
Hi guys, Looking at the 4-hour chart and if we exclude the so-called "Musk candle" we can see that BTC is unable to surpass the diagonal resistance at $35,000. Actually, we can already see few wicks above it that were immediately eaten up by bears. So, if the $34,700 horizontal support is broken and could not provide the required stability, I would open a short...
if price passes wave 3 in any form, leading diagonal would be confirmed on xrp.
Zil/BTC break of downward trend. Needs retest of trend to officially break in my opinion This would start a new market cycle for ZIL/BTC pair
Price has been developing in a diagonal structure since 13th Nov low and we are expecting price to make a deep pull back from here. From a higher timeframe perspective, price is current near the top of an expanding diagonal structure too, providing us a huge room to the downside.
A leading diagonal has formed in motive wave 1 . upside targets of 13082 and 14000 in hindsight.
Yo traders, My first trade after the elections. Have been out for the last 2 weeks to avoid the uncertainty and volatility. EG has moved down in downward diagonal/channel and is now rejecting a strong support. Price broke through the 200 EMA but the bias is still up towards the resistance. You can also find divergence on the RSI on the 4HR and 1HR TF and with...
Hello Traders, here is the full analysis for this pair, let me know your opinion in the comment section below
Traders, Since 29.07.2013 AUDCAD has been in a corrective regular flat pattern and has given us a 3-3-5 sequence till now, so expecting this correction to end for the last final wave which will probably unfold into a five-wave motive sequence to complete the A-B-C ZigZag pattern. In the regular flat: 1 - Wave-(A) developed into a ZigZag internal structure...
seems to me like we have been doing a diagonal expanding pattern on the weekly HTF since the March Corona dump, making that 1000000% SUPPOSED TO HAPPEN
There is a clear sign that GBPUSD will test 1.3149 once again. the price has penetrated the resistance at 1.31200 once again and is clearly will break it if bulls support the breakout.
A Long position can be traded in the market, as the 5th wave tends to complete the zigzag pattern formation. If we count numbers of zigzags formed, it can be clearly seen the 3-3-3-3-3 Diagonal formation is almost complete. This signifying the possible break out to the 1.628 position. Please kindly check the chart for details. Kindly like, follow and comment...