The chart is self-explanatory. All I have done is taken the Bar Patterns at the 15K lows and matched them with the lows at 25K, there are astonishing similarities. Go ahead and have a look at all the similarities I have highlighted. This pattern suggests, we should soon have a pump to 39K region, then a dump to 34K region followed by a pump to 42 to 44K region...
AMEX:SPY October 27,2023 15 Minutes. As expected once 418 was breached we saw 412 levels. Let's take 3 Fibs The rise 380 to 459 The rise 368 to 459 The rise 348 to 459 The first rise had done 61.8% retracement around 411-412 levels. The next has levels around 402-404 and the last 390 levels. On the upside, we can see consolidation around 424 levels. Seeing...
Looks like Disney is totally done. Last breaks below (M)MA200 was during yield-curve heavily touching high levels signaling end of recession. Now it broke (M)MA200 with yield-curve just inverted! 40$ levels next.
Salesforce moved finally below (M)MA50, this is important move. Couple months it was distributing stocks after fake break above (M)MA50 and finally broke below.
Pharma Sector and its components are in correction phase NSE:CNXPHARMA sectors NSE:DIVISLAB , NSE:SUNPHARMA , NSE:DRREDDY have created same structure as NSE:NIFTY NSE:DIVISLAB , NSE:SUNPHARMA , NSE:DRREDDY daily candle close below level. We can see all targets along with NSE:NIFTY , $NSE:CNXMETAL. Disclaimer - All information on this page...
Metal Sector and its component are in correction phase NSE:CNXMETAL sectors NSE:HINDALCO NSE:JSWSTEEL NSE:NATIONALUM have created same structure as NIFTY50. NSE:HINDALCO NSE:JSWSTEEL NSE:NATIONALUM daily candle close below entry level. We can see all targets along with NIFTY50. Disclaimer - All information on this page is for educational...
Hi Traders, Investors and Speculators of Charts📈📉 In today's analysis, I present to you 2 gems altcoins with great setups and great upside potential - XRD and GFAL . Let's take a look at ideal buy zones and future upside potential in this quick video analysis. Don't forget to check out this update on LINK: _______________________ 📢Follow us here on...
I expect AMD in the second half of the November at $86-87 and probability of the bounce will be quite high because: - there's a level at $86-87 - EMA 200 is expected to be at $86-87 - down trend line at $86-87 - RSI will meet the level at 40 Globally I would expect AMD at $74 in the mid of April 2024 and after this the trend should be reversed and go up.
Micron Technology has steadily climbed this year, but now there could be signs of exhaustion. The first pattern on today’s chart is the rising trendline along the lows of December, March, August and September. Prices have pushed back toward this support, which may suggest it’s getting ready to break. Next is the falling resistance that began in mid-September....
EURUSD SELL BIAS The ECB proposed an interest rate hold this quarter and we are anticipating a strong in the GDP report in the dollar today this 2factors can contribute to more downside movement in EURUSD, technically the price has broken the trendline support level to the downside with the 200 and 50 ma staying above the price level and the next target trader...
Following a few stocks in the ASX of particular interest, BOT represents a potential bullish opportunity should momentum continue and higher highs and higher lows be made past the current position. I'll cover this more in the upcoming weekly video, however as can be seen in the chart, the stock price is currently testing prior resistance (now support) of $0.14 and...
AMEX:SPY October 26, 2023 15 Minutes Downtrend continues. Today also sell on rise around 419-420 levels. 418 breached so expecting 412-414 as an initial target. There is nothing much to look into.
Has we all know the geopolitical event is still ongoing. Which gives the bulls more edge on the market. I took a long position to head towards 2024. Lets see how it goes.
FOREXCOM:XAUUSD OANDA:XAUUSD After some continuous trading, I took a break for two weeks and now I'm back on the gold chart Hello traders, gold has seen a return to the upward trend after following the path predicted in the previous analysis.💥✌ If gold stays above the ceiling trend line, it can continue the upward path to the extent of its return movement...
Snowflake fell sharply in early 2022. It drifted sideways for more than a year, and now traders may think the software stock is ready for another leg lower. The first pattern on today’s chart is the double-top in June and July. SNOW has declined since, confirming the bearish formation. Next, a series of lower highs following the double top has produced a falling...
On Monday, BTC had finally crossed above and broke through its major resistance area located on this 1 week charts at $32,415 - $27,785. Note: BTC is still in a Rising Wedge Pattern as well as an Upwards Channel Pattern. BTC is still in a massive Megaphone/Broadening Wedge Pattern otherwise known as an Ichimoku Y-Wave Pattern. Take Note of the Liquidity...
Break down. Possible target 416 levels. The retracement did not happen as it did not hold 422 levels. 418-419 important as before levels. The chart does not look good. For the fall 450 to 420 AMEX:SPY had retraced to 61.8% levels around 437 levels forming multiple tops before breaking down today. 418-419 is very important now.
Constructive engulfing candle over prior 6 days closes on Woolies today. Old resistance R64.60 acting as support. Still enclosed in a channel which needs a break to the upside. 61.8 fib from May to Aug swing low and high has also held. A break out this channel and a close above the 200dma at approx R68.50 will really give the bulls something to really get excited...