Symmetrical triangle breakout in Apollo hospital No recommendation for buy or sell
The Dollar(DXY) might be short again hopefully the correction will end soon to continue falling
Another pair that could indicate the strength of JPY in upcoming weeks if not months
FCX is bull flagging with a lot of tailwinds that I won't delve into here. Solid long term play worth a couple rolls.
Bitcoin violated an important horizontal daily demand zone this week. The broken structure turned into a supply area. The price is currently testing the broken structure. Analyzing the intraday price action, I spotted a bearish flag pattern. I believe that a further decline will initiate after a breakout of the support of the flag. 4H candle close below that...
The stock has formed a lovely bull flag and looks to be gearing up for a nice move towards target around R72 Ideally bulls don't want to see a daily close below R53 as it will negate the positive bias. A bull flag is a bullish continuation pattern that occurs during an uptrend. It is formed by a sharp price increase (flagpole) followed by a consolidation period...
Bidding and Asking opportunities from breakouts, SND, SNR all presenting them self in a while now, which has given traders opportunities to make money. Currently oil eyes 83 zone which is also synonymous to BRENT oil, I strongly see a reversal at the highlighted region, in turn creating a massive sell opportunity. Well this is my bias, let us wait for the outcome 🍻
HI.AGAIN The Australian dollar convinced me to consider a second plan (To see the second plan, refer to the previous analysis) As you can see, the first area did not have the necessary power and order to increase the price It seems that we have a retry to collect more orders and break the floor. We know that big moves require liquidity: look at the chart A lot of...
✅AUD_CHF is trading in a Downtrend and the pair has Formed a bearish flag pattern So IF we see a bearish breakout Then I think that we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
I have some calls expire 07/28 strike 13. Looks like the price is forming a bullish flag, and giving it a whole week to break out and buying just above the support. Mi risk is low.
Big tech keeps pushing up, not sure why but is doing it. Google seems to catch up very quickly. Looks like is forming a bullish flag prior to break out the 160 resistance and test 140 level. I'm not sure how long is going to take so I just opened a long position (no calls this time) and wait.
Calculated implied range for FOMC today. With vix being under $15 we normally don’t see the extreme range but anything is possible. The implied extreme range is $130.77, we could drop $40 from yesterday’s close and the close the day up $90 for example. The standard range is $90.25 and I would expect to see all of that move. Rule of thumb is the first volatile...
NASDAQ:GOOGL has several bullish patterns forming. There is a Bull Flag consolidating, there is inverse head & shoulders pattern, and NASDAQ:GOOGL is above the 150 day moving average showing an uptrend.
I normally don’t put too much faith in 4 hour timeframe chart patterns, however should this 4 hour chart bull pennant hold up the bullish breakout target is around $1.10 . As of now it does look like it’s about to break upward, however being a smaller time frame like the 4hr chart there is still a chance this could be a fakeout and the real chart pattern is much...
We’ve become so accustomed to headlines of ‘peak inflation’ and falling input prices that some have been throwing the wonderful ‘deflation’ word around. And we think most would enjoy a bit of deflation, as that would result in lower interest rates. However, with commodity prices (particularly oil) being a key driver of inflation, a lot of the softness can be tied...
BINANCE:BTCUSDT CRYPTOCAP:BTC has been going sideways for a very long time. CRYPTOCAP:BTC Bearish Retest of highlighted zone could provide downside ideas to major support at 25.2k zone. The Bearish Retest could be clean into the highlighted zone or be a "dirty retest" that breaks this zone and then breaks down. FOMC meeting outcome on Wed 26 Jul so trade...
ALGO is currently forming a bear flag on the daily chart following a sharp price decline, indicating a potential continuation of the downward trend. The pattern is further supported by the downward trend in volume. Currently, the price is experiencing a brief consolidation phase. Now let's monitor any breakouts below the lower trendline, and a breakout with a...
Analysis on Bitcoin (1H timeframe): first some little break under the flag, followed by the confirmation and then probably the real break to the 29k - 29.5K area will follow.