XO | Thailand SET Index | Food Sector | Target for uptrend Elliot Wave & Fibonacci Extension estimated
Price Action Trading: Trend Breakout with Marubozu White candlestick
Chart Pattern: Descending Triangle breakout
> MFI Money flow in
> RSI bullish signal
> MACD golden cross above zero line
Risk ratio 1:3 minimum
Ad-tech business - a hot industry, with names like $TTD and $APPS. My DCF analysis says a conservative 50% upside. Yesterday we made a doji at weekly 2B support. Today prints a strong opening marubozu.
TD D-Wave analysis says we completed wave 4 and on course to wave 5.
The stock Caplin point laboratories has given a massive breakout with Marubozu candle. The stock has now entered an new trading zone and should achieve the target of 1000 which is roughly 25% from current levels of around 795.
Buy the stock at current levels, buy on dips as well. You may keep stop loss of 700 on weekly closing basis.
Keep a view of atleast 6-7...
As you can see, daily candles are a solid indicator of price movements and market sentiment. In each of these instances, bears were able to push the price down to form either a double bottom or golden-zone retrace on the fibs. From here, buyers stepped into the market and made a statement of intent with massive buying pressure – as indicated in these daily bullish...
Can fin homes looks bullish on the charts.
There is a big bullish candle called marubozu candle which is signaling strength in the stock. Buy the stock at current levels and hold for big long term gains. The levels have been suggested in the charts. Keep stop loss on weekly closing basis.
**Ideas are my own** Invest as per your risk taking appetite**
USDTRY will gone moon !
USDTRY Where will be arrived?
USDTRY BULL prive movement prediction ready i believe that .
USDTRY mine own perspective so what's your consideration on the price movement please comment in the below section .
XAUUSD, Gold, recently tested its support zone on the 1D timeframe. It seems to have been rejected by rejected though.
The Friday candle closed as a bullish candle after testing the support zone with the previous days candle. The pair can be seen inside a descending parallel channel, bullish flag. Within that bullish flag the pair was also within a...
The Boeing Company (BA) has been forming a descending triangle with today's close resting right on a support that has been tested multiple times in the past week. With Coronavirus fears escalating again, the desire to travel and fly is falling. A bearish marubozu candle on the 1D chart may indicate a continuation of the downtrend and possibly break that support.
In my opinion, I think the market on the GBPUSD will continue its uptrend. This is an uptrend as shown by the trendlines and the crossover of the 2 EMAs. In addition to the uptrend, there is a slanted support line which has been tested 3 times and has seen neither a breakthrough or fake-out. This suggests the support line is respected by the market and will likely...
On the daily chart I see that the price is below all the moving averages
Also the price closed last week with a great Marubozu which confirm the bearish bias.
I am looking for a short positions on this pair for this week.
The price action managed to stay above the .886 and we got our first bullish marubozu candle in the PRZ. My target is the .50 to .618 because the price may reverse there if the cypher turns into a bearish 5-0
We are happy we achieved our Bitcoin prediction 2 days earlier that stated a bullish run of Bitcoin to its yearly high levels once again and reached $11.2K so far. Currently showing a bullish scenario if it can close in such momentum by the end of the weekend.
Indications and Scenario's
Indication are still showing a bullish trend continuation of...
I thought it was all a dream.. I was so drunk on selling, I had a Bitcoin hangover when I woke up. HAHA! Bitcoin takes a major dive under $7000. While many people anticipated Bitcoin going up to the moon from here, like 99%... The 1% of the population was selling Bitcoin. I hope it clicks about the 99% and the Top 1%. Doing my hefty candlestick analysis and market...
The 1-hour chart of Dollar index indicates that the index is currently in downtrend.
It is consistently forming lower lows and it has formed a Marubozu candle during the last hour.
So we expect the selling accelerate from here and reach the price zone of 94.14 where some profit booking could be expected.
Good to see on the 1 day chart that we have closed a second 1 day candle above the wedge giving us final confirmation of the breakout. What we are looking at here though is the 4 hour chart not the one day. That confirmation on the one day just solidifies that breakout and greatly increases our probability of hitting the $10335 price target. As of now, at the same...
Since the vote on Brexit, the path taken by the index is fairly obivous. The impulsion started at the end of June then is followed a period of consolidation from beginning of August until the end of 2016.
The new year started with a serie of new highs when the index reached 7341
The daily graph shows some sign of a reversal with a recent cross of the MACD, a...
PRGX Global, Inc. finished the previous week with bullish engulfing and tested its resistance level at $4,6 where bulls succeeded at rejecting that price several times. Yesterday PRGX formed marubozu pattern and now looking upward for further advance.
We would project the price go up to at least $6 by means of measuring the previous bullish move at the beginning...