Last week i entered a trade at the PCZ of the Bearish Butterfly and it went a bit higher but found resistance at the HOP Level after diverging on the RSI and is coming back below the 800EMA so i have held and added to my entry and am still targeting the full ABCD Breakdown Movement down to $70 or lower.
VALID CHART UNTIL 2024 HALVING AND U.S.ELECTION for #LUKSO Don't mind this, this is just for research. Using Fibs and tripleMA alone trying to determine price action and price bottom and tops.
SPX is approaching a critical resistance @4100 (long term trendline / 200 day moving average) and a near term pullback is certainly possible from here. However, looking at the bigger picture, any pullback this month could be an opportunity to long some stocks with the right technicals. Yes, Fed is pivoting. However, interest rate could stay high for some...
Can I just say WOW at the rejection at the 200MA ?!? Honestly this is playing out how I would like to see the market. I recognize a price action candle, the shooting star. The shooting star often occurs when the market is buying and begins to react at some level of resistance. I am identifying my level of resistance as the 200MA. I would like to see todays...
No matter it's a correction or a reversal! Most dynamic levels are broken but the strong SMA200 is still valid! I think what ever happen in future there is a good probabilities for a wining long trade!
I think it is just a reversal to the broken long-term Bearish trend line. I'll put SL under the zone and enter under the line.
Here I've provided my prediction for the future of gold. I do believe the DXY will make a final rally to the upside, making contact with the most recent weekly resistance. Based off the fibs I predict price of XAUUSD to move to the upside next week, maybe even the following week. Hopefully giving us that sweet rejection off the 61.8 fib level. Once I get the break...
WPRO has given a bas returns this year, its quartly results also gave a negative affect on its stock prices. but this are all short term, things. this stock has pastly given great returns(look at the past trend i have drawn, the returns are approx.. 45% in a year). long term things are the moving averages, stock is in tis 50 moving average, as shown in its...
the two dark blue lines, shows the that the stock is on its IPO zonem, stock is at a very discount, it can all go up till 2200, with a very good swing trading. still can go further upside, in the long term. sales are good, quater results are also good. its a stock with good fundamentals, and a multibagger.
The price doesn't seem to break through the upper parallel line. The target Price is the nearest Median Line.
Hello! I have been busy studying alot about TA . Seems like this is the first post of mine on this year.. Total market cap trying to break the 200MA on weekly which it has never been broken . If we lose the 760 area next target is 440 . 45% drop! Bitcoin already used the same 200MA as a resistance . First time ever. I do think we still need...
Buyers did not tolerate breaking of the level! Generally, by breaking a level down more sellers join the market, if buyers be able to move the prices even higher the broken level it's a good sign of their power. some classical analyzer may find a Head and shoulder here! Bulls are so strong and price react bullishly to the dynamic levels. I'll buy some XRP...
The DXY Dollar Index confirmed a breakout under a near-term rising trendline from August as prices confirmed a Bearish Engulfing candlestick pattern. This might open the door to some weakness in the near-term. But, will the dominant uptrend hold? Keep a close eye on the 50- and 100-day Simple Moving Averages (SMAs). These could reinstate the dominant upside...
10Y Bonds are overbought kissing 200 MA RSI OB MACD OB ----------- This is a sign the ASX could bounce as 10 years pull-back from overbought and 200 MA being resistance. If bonds reak above 200 MA it signals a continuance in market fear and scepticism. US10Y Already found broke above 200 MA and it is now a supporting moving average, bad sign ASX could follow.
TATA ELXSI GOOD FOR SWING TRADE This stock is support the moving average 44 and support line so it is a good stock to buy BUY =9085 sp =8800 1st target =9547 2nd target = 9800
Hello everyone. USDCNH has been moving sideways for the past 3 months until the weaker-than-expected July economic data released this week. In addition, the unexpected rate cut to MLF gave a boost to the pair. The offshore Chinese currency fell sharply against the dollar by over 700 bps. Now, it pulled back from the previous high around 6.83. Technically, the...
Bolinger Band & MA: the price is entering the buy zone, but beware that there is no sign of bounce back yet from daily and weekly chart. So we are expecting to see at least 1 or 2 bearish weekly candles before the price go back to short-term bullish or small retracement. Gann Fan: looking at the weekly and monthly gan fann. current price i at 4/1 line area, if...
The "Decending Channel" pattern was identified on the weekly chart. A "Double Bottom" pattern was identified on the daily timeframe, however, price failed to go higher. A closer look at recent price action and we have confirmation of resistance becoming support (see level 93.62). Though this is true, it is best to wait for a break of structure before placing...