Just posting a quick update here as GS has pulled back with the broader markets- Still bullish as GS respected support nicely and is holding within a nice falling wedge. Buyer volume starting to pick back up along with some bullish hidden divergence on the RSI & a golden cross on the MACD. Bullish and will be looking for a breakout from this wedge (Broader Market...
Just posting a quick update on GS as it would appear to be a nice bullish ascending triangle forming on the GS daily timeframe. Solid close yesterday after reclaiming the 50-day SMA as well sitting right on the 50-day EMA. GS is also holding a bullish falling wedge on the 4-hour and shorter timeframes. Just some support and resistance levels to watch along with...
Will be watching GS closely for a breakout here (broader market conditions permitting). Solid close yesterday after reclaiming the 200-day SMA as well as forming a falling wedge on the 1-hour, 2-hour, and 4-hour timeframes. Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Bullish...
Just posting a quick update as the SPY is looking even more bearish after closing on Friday with a spinning top reversal pattern on the weekly timeframe- the markets have been overextended for quite some time, technicals are bearish on almost every timeframe- Some FIB levels and RSI-based supply and demand zones to keep an eye on- - Bearish Megaphone Formed -...
ROKU still holding this falling wedge after selling off on earnings, however, finally looks to have found some support. Bullish and be watching closely for a breakout from this wedge (broader market conditions permitting)- Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime-...
Big falling wedge here on GPS- Will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime - Bullish - EMA's Converging- Closed on Friday reclaiming the 50-day EMA - Hidden Divergence (Bullish) on the...
ABNB really catching my eye here- Big ascending triangle forming on the 2-hour timeframe along with a big falling wedge on the hourly timeframe (See Attached Chart Below). Will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones -...
ABNB forming a big symmetrical triangle but frankly looking quite bullish, will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Sitting right on its 20-day EMA - Bollinger Bands Squeezing (Not Pictured) - Slight bullish hidden...
Big symmetrical triangle forming on MS here, personally am bullish and will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - EMAs starting to curl upwards - Slight hidden bullish divergence on the RSI - Buyer volume picking up...
Big falling wedge on FUTU here along with bullish hidden divergence on the RSI, still a bit wary of the broader sector with all the FUD surrounding sector regarding SEC Chair Gensler's comments, nonetheless will certainly be watching for a breakout from this wedge. Additionally has a small gap on the upside to fill from $77.61 to $81.38- just some support and...
I don't play SBUX often but frankly is setting up quite well here; Big falling wedge on the daily timeframe and also sitting on its 200 days moving average, Bollinger bands are squeezing on the 4-hour timeframe as well, some slight bullish hidden divergence on the RSI. Important to note SBUX has earnings coming up on 10/18' - Technicals all bullish and will be...
Big falling wedge on YOU here along with bullish hidden divergence on the RSI- will certainly be watching for a breakout, very bullish, just some FIB levels to keep an eye on in the meantime
Bearish hidden divergence spotted. It could make drop of more than 50 pips. Make sure to enter safely because of the news events.
Multi time frame divergences: W1 bearish divergence, D1 bearish divergence, H4 bearish divergence. Impulsive move on H4. Double wave pullback (ABCD/ABC pattern) and trend line breakout.
Hi guys; After breakout the Falling Wadge Pattern and Retest finally it triggered BUY Signal for safe entry.We are long till TP1 or TP2.Hope enjoy. Please put your comment below.
Finding opportunity to buy/long in the blue zone: Target EP: 0.70574 Target PT: 0.70759 Target SL: 0.70427