Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XLM has been overall bearish for a while trading inside the red wedge pattern.
Lately we can see that the bears are getting exhausted, not being able to push lower as before, getting stuck inside a range forming an accumulation phase.
Moreover, XLM is sitting around a...
the USDCHF price breaks the daily Resistance level ,the old resistance becomes new support level ✔
the neckline of the double bottom is broken 🔥
so, i predict a bullish move 📈
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Very similar structures, a rising double bottom
If this is the case for this second structure we may be upon a large bull move
Bullish on this Weekly timeframe
Price action thoughts posted in green bars pattern
IEX has closed above EMA 9 & 20
the stock has taken multiple rejections from EMA 50 line which also acts as main resistance to the stock price since a long time.
The stock is expected to reach the target price by taking its previous price actions.
The stock price may retest EMA 50 before hitting Target 2.
Place stop loss GTT trade while taking the...
TEVA has been a repair story now for many years. With litigation in the process of being resolved, debt burdens of $2 bn. per year appear manageable with cash flow - TEVA is moving away from a debt/litigation story
to an equity story. Cash Flow of $3bn + per year, Net Income of ~ 2bn.+.... warrant a blended Intrinsic Value of ~ $22 per share. TEVA's technicals...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
FIL rejected a strong support and demand zone, so we will be looking for buy setups.
on H4: Right Chart
on DAILY: FIL formed a valid double bottom pattern but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle...
Short Term - We look to Buy at 105.03 (stop at 102.52)
Buying pressure has confirmed an initial rejection from the approach towards the key psychological level of 101.21. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Further upside is expected...
After 2015 tumble down and humble recovery in the beginning of 2016 Cheniere Energy Partners is preparing new ground to rise up ahead of 3Q earnings. Recently the stock has formed double bottom at $26 where several technical factors converge together on the bullish side.
Firstly the area used to serve as a resistance and now has turned into the respective support....
In the previous week the pair formed a double bottom pattern and bounced bullishly off the support.
The double bottom coupled with bullish divergence on technical indicators suggests an uptrend in the coming weeks.
Expect a pullback towards weekly support on market opening ,from where we can open buy orders.
• So far, SPY is heading to the next support at $360.69, indicating we have a few more bucks to drop, and there’s no technical evidence pointing to a reversal. In the daily chart, at least, there’s not a single bullish pattern yet;
• We see some open gaps (yellow squares), and they will become targets, in the future, if (and only if) SPY triggers a...