Direxion Daily Semiconductor Bull 3X Shares forms bullish "Megaphone Bottom" chart pattern "Megaphone Bottom" chart pattern formed on Direxion Daily Semiconductor Bull 3X Shares (SOXL:NYSE). This bullish signal indicates that the stock price may rise from the close of $16.61 to the range of $19.60 - $20.30. The pattern formed over 16 days which is roughly the...
This is not financial advice. And always remember to trade using a good risk to reward.
The price is making an ascending triangle pattern so we expect the price to raise. Take the entry once the price breakout of the triangle. Look at the volume surge in order to avoid fake breakouts. Take profit and target are shown on the chart. Good luck
I have entered into a long position in Atom as I believe that wave 2 on the 12-hour timeframe is soon to be completed. This gives me reason to believe that wave 3 will soon follow, which I plan to ride in order to profit from the price increase. It's important to note that the Elliott Wave Theory is not a guaranteed predictor of market trends, and conditions can...
USDJPY Falling wedge formed Two entries at the same price. But take profit will be different. Stop loss should be the same for both entries 1,1% of the account
BTC/USD (Bitcoin) cryptocurrency has finally broken out above a 1-year falling wedge price pattern. Bitcoin price needs to stay above $25000 and continue its uptrend to sustain a rally this year Resistance Targets above are: $30000, $40000, $50000. Support Targets below are: $25000, $20000, $15000. note: recent volatility and price action has been...
CHFSGD Falling Wedge Formed Two entries with 1 percent of account risk.
The HK50 Index has recently given a breakout above the trend line on the four-hour time frame, indicating a potential upward trend. The index has broken several previous highs and is now taking support to continue its ascent. Traders looking to enter the market can consider a long position, taking advantage of the current support level for a potential...
Greetings, fellow traders! Today, we'll take a closer look at the JPN225 index . On the four-hour timeframe, we can see that the index has recently touched its resistance level and is now retracing. This presents a potential opportunity to enter a long position in anticipation of a bullish move. My analysis suggests that the index is likely to continue its...
Hello, fellow traders! Today, we are going to look at NSE:CAPLIPOINT, a pharma sector stock that is ready to breakout. The NSE:CNXPHARMA broke its resistance in October and showed signs of going higher, but it has been consolidating for four months now. Looking at the chart, we can see that the price is patiently approaching the mentioned price level, and the...
Seems we have a weak support here and after breaking it we can reach 28200 - 29K range. It may also retrace back to the strong support before it go up.
Hello traders. My next point of interest where I'll be looking for long opportunities in Bitcoin are the Naked Wick levels at $25752 and $24117. The reason is simple. Every criteria for those levels are in check.
Equitas Small Finance: (Positional/Swing) Possibility for a long setup in Equitas Small Finance. Price is testing the support zone 60-65. Note: Do your own due diligence before taking any action.
UP trade idea for the FIL/USDT 4H analysis for the fiat
My 1st try in Ideas. China Zero-COVID + BABA double bottom on 60 and go up to 120 return to 90 and to 130 -> 160
On the chart of Intel Corporation (INTC), we can see two bullish reversal patterns on a daily timeframe. We can see a Descending Broadening Wedge. This is a typical bullish reversal pattern. Once the price breaks out of the upside of the pattern the highest point of the pattern becomes the target. The second pattern is a forming Double Bottom. This pattern...
bitcoin again bullish ,, . Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to Traditional Instruments Less than a year since Central Bank of Russia (CBR)-approved entities began issuing digital financial assets, these have issued DFAs for 2 billion rubles (over $26 million). The data was announced by Ekaterina , general director of the...
Bitcoin's current price is $24700, and it's being analyzed over a 4-hour timeframe. The Relative Strength Index (RSI) is 64, indicating that the cryptocurrency is in slightly overbought territory but still has some room to grow. The Volume oscillator is -8.52%, which indicates lower trading volume than average. The Moving Average Convergence Divergence (MACD) is...