Price is moving within multiyear channel. In a closer view there is a potential for an incline to 17-20 pln as a result of mentioned channel as well as rising sequence starting in 2019.
Wavecount of CLC price is quite clear. To be certain of it, price shall start to incline in next weeks and reach 14-28 pln as a first range.
Still wating to retest lower boundary of the longterm consolidatioin. Expected range of upcoming delicne is 40-47 PLN.
Likewise many polish companies charts, MRC last few months seems to be an accumulation period. Lately we could notice an upward impulse. Hopefully it is just a beginning of an incline do 120-250 PLN.
Last time with base and supply support and then "worked out" (xD) them based on the price behavior pattern. Today's behavior from the structure break line is determined from early September / early October, confirmation with fibonacci (bottom {0} + peak{1} ) that the price is applied to the creation. Additional fuel for speculation is a special Cyberpunk DLC,...
NEWCONNECT:SUN Suntech, market: newconnect, volume break + trend following system 1/2 out: crossing slingshot system upper line 2/2 out: crossing slingshot system bottom line
There was a big rally on the WSE recently - 16 green Heikin Ashi candles in a row. Now it's time for a continuation of the downtrend or, less likely, a correction in the new bullish trend. Why? There is: - an important supply-resistance level - a supply zone - 1-hour confirmation - Head and Shoulders formation - weekly confirmation - an ending bearish candle and...
Widzę podwójny szczyt, ale też i spadkową świecę dzienną. Niestety mały wolumen jak na konkretne spadki za to można niezły stosunek zysku do ryzyka wyciągnąć teraz. To nie porada, ot ciekawym, czy tak się kurs zachowa:)
Double bottom on daily, RSI significantly oversold on multiple time frames. Bullish divergence on 4h, 1D. Weekly RSI in lows. Highly possible reversal to 200 Daily MA/EMA (c. 0.33 - 0.35).
Target in green - currently LONG term buy order placed at 6.82. Remember of capital management.
If we have the low in place, the supply areas are created by 1:1 corrections during this mid-term downward trend. Each of the areas can result in making a new low. Especially dangerous for the long positions may be: the blue area making the downward movement more like a 5 waves the overlap of red & orange areas where the setup for a running flat can be...
Buy: 0.578 SL: 0.5 T1: 4.186 T2: 7.136
I wonder if DINO will go down. There was a panic selling on last friday so I expect the continuation in this week. This is not a recommendation just only my idea which I wanted to test.
Zgodnie z historycznymi statystykami zakrycie połowy czarnej świecy oznacza w 70% szanse na jej całkowite zakrycie. W przypadku MRC oznacza to zejście do poziomu 80zł w średnim czasie 4 miesięcy. Na wykresie dzienny byki bronią co prawda lekkim dolnym cieniem poziomu 100zł, ale według nas owe minima powinny zostać w najbliższym czasie poprawione.
The "COVID" fall seems to be a C in a 3-wave correction. The bounce from March 2020 bottom seems to be a 3 or an ending diagonal. What will happen next?
Possible WAVE 2 or B to be made, long opportunity in 2022
WIG20 ending a LEADING DIAGONAL in September 2021. A correction for at least 38.2% of move from 2020 bottom is ahead. Short.
EN: It seems to me that after a few days of gains it is time for WIG20 to fall. It doesn't have some big confirmation, that's a gap and a pinbar. How do you think? PL: Wydaje mi sie, ze po kilku dniach wzrostów nadszedł czas na spadki na WIG20. Nie ma to jakiegoś dużego potwierdzenia, ot luka i pinbar. Jak uważacie ?