NASDAQ:PYPL currently breaking out to the upside from this channel. Everyone anticipating another earnings beat next week?
🏃♂️The DXY index is moving in the Ascending Channel and seems to have broken the 🔴 Heavy Resistance zone($105.88-$104.65) 🔴, and is currently moving in a small Descending Channel and making a pullback to this zone. 🌊According to the theory of Elliott waves , it seems that the DXY index has succeeded in completing the Zigzag correction(ABC/5-3-5) inside...
👋Hi, everyone. First of all, I apologize for the chart being busy, but I think all the lines and zones are needed to better understand it. 🏃♂️Bitcoin is moving in two descending channels : a ⚫️Black Descending Channel⚫️ and a 🟣Purple Descending Channel🟣 . Also, it is currently moving in the 🔴 Resistance zone($66,050-$64,520) 🔴and near the Upper line of...
Tesla Long story short !!! we may see small pull back before the last wave is formed
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 After breaking above the $127 resistance, USDJPY has been going up in a parabolic manner. How high can USDJPY climb? The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of: 1- $160 round number and weekly high/ 2-...
If you find this information inspiring/helpful, please consider a boost and follow! Watching these paths if we continue down and break 3071 impulsively.
AMD is now on the lower end of the upward channel and sits right on the daily MA-50. If you believe it will go up, then this is the perfect entry. If it drops out of the channel and below the MA-50, then it's time to go short.
USDCAD leaves multiple bullish clues after a test of a key daily support. One of those is a bullish breakout of a resistance line of a falling parallel channel on an hourly time frame. The pair may bounce today. Goal - 1.3685 ❤️Please, support my work with like, thank you!❤️
Good day, friends! This is ESS team. Congratulations on the EURUSD's RISE !! Let's analysis EURUSD. :::::::::::: This is EURUSD 4H chart. Candle broke through the top of the Descending parallel channel with a cascading RISE up. If Candle retests safely of the Descending channel's upper line, Long positions are advantageous with power of rise. If the...
FX:XAUUSD on the background of dollar correction is strengthening to the resistance of the bearish channel, which was formed on the background of sell-offs. Ahead of strong news, on the background of which the price may reach the liquidity zone before further decline. On the high timeframe, a false breakdown of support is formed, liquidity gathering and after...
Hello, guys. This is ESS team. We are cheering for your safe trading. So, Let's talk about "EURJPY". It is pleasure to RISING well. Of course, We prepare for the EURJPY's next movement. ::::::::::::::: Currently, It's RISING with middle line's support within the rising channel. If candle is resisted at the GREEN line, It could temporarily fall to the bottom...
FX:GBPUSD is forming a counter-trend correction phase, pound sterling strengthens amid weakening dollar index. On D1, the price is approaching a strong resistance and liquidity area, which has multiple confirmations, indicating that this area is important for traders. The correction may be over in the area of the nearest strong level and there is a high...
The USDCAD is experiencing a slight downward trend on a 4-hour chart, moving steadily within a descending parallel channel. It is in a strong horizontal support level, and I anticipate that the downward movement will continue once it breaks through this support. To confirm this, we will need to see a 4-hour candle close below 1.3657. If this happens, we can...
Reasons for bullish bias: - Price is at near weekly support - Price is at channel support - Bullish divergence - Positive earnings results Entry Level(CMP): 29.80 Stop Loss Level: 28.72 Take Profit Level 1: 33.11 Take Profit Level 2: Open
FX:XAUUSD is forming a sideways range and continues to test a strong resistance area. Bulls and bears continue to fight and still cannot share a strong area. Possible shake-up. Gold is in the active phase of the correction, which started as early as last Friday and we were ready for it. The price is already down 5.7% from the high and most likely this is not...
OANDA:CADJPY on the background of global weakening of the yen forms a pre-breakdown setup against 112.26. The currency pair is preparing to strengthen. On D1 the general trend is obvious. Buyers are not going to give up and continue to press the strong limit resistance at 112.26, formed by sellers. The trend is bullish and it may continue. Fundamentally, the...
The previous daily candle closed with he top trendline of the channel as support and now the current candle is seeing a bullish impulse suggesting the tp trendline has been flipped to solidified support and that it could already potentially be validating the breakout. I’ve seen bigger fakeouts than this before so I’m not ready to say the breakout is confirmed jsut...
Hello Traders and Investors, today I will take a look at Tesla . -------- Explanation of my video analysis: After the triangle breakout and the bullish break and retest on Tesla stock back in 2020, we saw a significant rally of 1.500% towards the upside. For 3 years Tesla has now been trading in a decent bullish flag formation and just broke an important...