Elin Electronics listed December 2022, now at Trend Support Buying range 155 - 160 Target 173, 179, 187.5 20% Upside Potential 1:2.4 Risk Ratio
Hello there, I think the rally for some Alts will be stop soon. Here, me thought tell me that we stop at 1.20-1.25 at a big resistence. The third waves is completed here. After, i expect a rebond on 0.618 Fib and the last Momentum ATH in 2023 : 0.55-0.60. The next target is the 5th waves at 2.80-2.90. I will follow this plan if the confirmation of beartrend...
Price action has recently shown a good change from Lower High Lower Low to starting with Higher High to Higher Lows. MACD has successfully made a cross on the Monthly charts too indicating a good momentum upward. Weekly MACD cross looks healthy too. Marubozu candle on 1st week of April indicates a good move too. Stock exactly trading above recent Marubozu candle...
First entry failed (rare case senario) so here is a more detailed chart with alternative entry points where i expect reversal even tho ive been crying wolf (recession crash) im not looking for it just yet but market doesnt wait for anyone now does it maybe it may lead to a retracemnt for bearish continuation ill update for interested parties
On the above weekly chart price action has corrected over 90% since April 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Trend reversal. Higher highs higher lows replace lower highs lower lows. 3) Confirmation of support on past resistance. Horizontal blue channel. 4) The flag pattern flagpole...
Greetings Traders! Current Market Analysis: At present, GBPUSD is reacting to a strong institutional resistance point aligned with an M15 bearish order block. The strength of this order block is due to the inefficiency (liquidity void) preceding it. Additionally, this order block is in conjunction with an H4 breaker block, a significant institutional...
As we know ADA reached a higher high last February. That means it shows strength to rise again, even to make a higher high. Some might say Change of Character (CHOCH) formed here. What I am seeing is not CHOCH, just gaining some strength while BTC is going down. Closing a candle above 0.525 in 1W TF will be a huge confirmation to go even further. I am waiting for...
Looks like Turbo is consolidating and testing support levels before setting a new all time high, nBTC is also setting to support a bulling lag in the weekly frame. *This is not investment advice but rather a request for the community to share their thought strictly for academic purposes.* MEXC:TURBOUSDT OKX:TURBOUSDT
As discussed throughout my yesterday's session commentary: "My position: Within #5-session horizon I am expecting #2,252.80 benchmark to be met where Price-action might get rejected towards #2,300.80 psychological benchmark once again, which should be Ultimate Top zone for current Bear cycle. Since I announced that non-stop Bullish moves are matter of history and...
Gold price cannot break the 2325 resistance level to form a short-term uptrend. Gold retreated to levels near 2310 as the US dollar tried to recover even as US Treasury yields eased again. The release of US retail sales data on Tuesday, weekly jobless claims on Thursday and a flash purchasing managers' index on Friday could provide clarity. in terms of...
Dear Colleagues, the news had a big impact on the price last week. I think that everyone felt these changes. My last trade went to breakeven, although it was very close to the target. Now I believe that wave 4 is still not complete. This means that I expect further price decline to the area of 100% Fibonacci extension level at 2252.844. Of course, I expect a...
Bullish Levels -Day closing above 182 or safe 212 Long term expected targets :- 233, 260, 290, 347 then 404 to 432 above this more bullish 461, 518, 574 or 602 then hold Bearish Level - Below 151 then 117 then 89 *Comment or message me if you wish to see my analysis for any stocks. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not...
Been following this one for the past couple earning sessions.Benefited from its recent report. Forward guidance looking strong and price action of course demostrated that witha 28%+ move. GAP is looking strong for the year post Q1 2024. Expecting a bullish continuation to retest that 35$ region that has acted as long-term resistance/support.
not trade advice, I create this chart as reminder of my own theory sl hunt target gold too often create a double top and double bottom I see a pattern and try to backtest it 2328, 2324, 2321 previously I used it for 2306 and 2301
To those of you who may have panicked seeing the post-market plummet of DELL, I hope to bring some solace in this analysis. Despite the stellar earnings report, Dell's stock fell sharply post-market. This drop can be better understood through the lens of demand and supply, rather than just technical analysis or predictions. Essentially, the market's reaction is...
In these days we heard news about war around the world and i am complitly bullish on gold
GLMRusdt presents an intriguing opportunity, showcasing signs of reaching a potential bottom and preparing for a bullish reversal. Two prominent bullish setups, the descending broadening wedge and the strong Inverse Head and Shoulder (IsHs) pattern, have been identified. The final setup target aligns with the immediate target level of the wedge pattern, while the...
Hello, we are back again after completing the downward form. Now I have an upward form and we are continuing for the better. This will be wave 1 of wave 3, which will gain us a lot. Do not forget to follow for everything new.