There are good chances from current level multiply can start a new trend to the upside, if geopolitical scenarios are settled this stock can rally very quickly specially after disclosing there positive financial results this stock didn't perform due to the same reason but with todays closing we are getting some sort of indication that buyers are again getting...
Trend Multiply is at a very crucial support zone for now that is 3.95-4.00 if this support zone is broken then we can witness more selling pressure and it can retest 3.80 area. Over all trend is still uptrend. Bulls have to flex up and show some power. Targets Strong resistance at around 4.10 zone but since multiply has spend so much of time near this zone if...
Trend Its still trending up, but for now it has hit the resistance at 4.10 area, today i sold multiply at 4.07 but i think it will come down for retest at support zone and this will be a buying opportunity for those who missed it at lower levels. If it comes around 3.95 lets wait for buying pressure and then pull the triggers. Hit like & follow guys ;)
Watchout for the marked zone on the chart, Multiply can come down for a rest into that zone to continue its upside momentum. Buyers are waiting for some more correction and will start picking up from the bottom. Hit like & follow guys ;)
Its looking very positive at current levels, i think this stock will fly again and my next target is 3.60 Multiply is overall bullish! Hit like & follow guys ;)
Hopefully coming will be for BULLs;) Hit like & follow guys ;)
I think tomorrow will be a good buying opportunity if this stocks drop due to panic sell in the market, I would love to pick this at around 2.05-2.07 zone. Also if market recovers in the same session i will try and book the profits. Over all this stock is very positive and should be in your "stalking list" Hit like & follow guys ;)
Just a little away from my target i dont want to carry forward the position over the weekend. Lets see what happens next!! Hit like & follow guys ;)
Lets see if it hits the target today!!! All the best
You should know that a structure trade with this setup doesn't usually interest me. So why is this trade so special? Hint: check the higher timeframe. The 1300(UTC +3)/ 1800(GMT+8) candle will decide if I'm going to engage the trade aggressively.
Do you remember that last week I've mentioned in my previous post titled, "EURJPY - Trendline" that the Bearish Shark won't form up and you can look for a shorting opportunity on the Trendline for a shorting opportunity, that opportunity alone brings you a 285pips(more than 2,850USD/lot) of net profit, and this is a spin-out trading idea from the Weekly Chart's...
If you have missed the Bearish Shark setup which completes at 1.2260 that I've shared on 16 May 2021; short on Parallel Channel at 1.2190 that I've posted on 6 Jun 2021; you probably won't want to miss to short within the range of 1.2150-2.2159 or at 1.2167 on the 1hourly chart, that's the price range and it's potential for a pull-back. Click follow so you won't...
The bearish shark pattern on the weekly chart has finally formed up(check out the link at the bottom), it took me months waiting for the formation and trading is all about patience. Right now I'm waiting for the double top pattern to form on the 4hourly chart for an aggressive trade. Could this be the trade of the year, I certainly hope so.
The bearish bat pattern has hit the target2 for the textbook case, as for us it's only our 1st target(we don't do it every time, only when it fits our criteria). If you have missed the previous trade, at this moment within the sell zone it's the area you can consider. Pro-Traders you may like to consider a zone for your additional shorting opportunity.
Shorted base on structure target, the first target goes to the previous low and extended target to the second target.
A bullish butterfly checkback that offers great returns for traders who are looking to go long on this harmonic pattern as a trend trading trade. It is possible to look for a trend extension trade on this trading opportunity. I'm in, are you?
Waiting for a buying opportunity at the Deep Gartley Pattern as a structure retest on a countertrend setup of a bigger bat pattern(check chart link at the bottom).
Looking for shorting opportunity within the sell zone will be preferred. Engagement of this trade is based on the long term chart analysis, the daily timeframe. Whether this trade will be an aggressive engagement depends on how this 1-hourly candle close.