TCS is forming beautiful price action from past 2-3 Years and it has given a breakout in weekly time frame. Stop loss is going to be below trend line and target can be as per ones risk reward.
1.34800 is a must hold level for the bulls , breaking below it on Wednesday, and trying to get back above it on Thursday. and now testing the upper channel of a descending Channel Formation. its a opportunity to witness this price action and use out entry criteria to enter the trade.
TSLA looking like a good risk/reward spot here. Holding the bottom of this descending channel. RSI is oversold on the daily, and MACD looks like it wants to flip bullish. TSLA has been beaten down relentlessly since the start of the new year. Good spot for the tide to turn.
CRYPTOCAP:USDT.D BINANCE:BTCUSDT as you can see on the chart, there is a descending par. Canal and this pattern leads to go higher levels that cause crypto market going down.
3ull presents a horizontal channel of consolidation. The wedge I hoped would play out did not. You can see I am still way up from my initial entry, and I did take profit a while back when I stated I did, seems like a long-time ago now. i will continue to hold this bag until the next obvious gaming run, likely lead by SUPER.
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a not long time ago started to trades inside the upward channel, where it first declined to the support line, after which it rebounded and rose to the 39900 support level, which coincided with the buyer zone. Next, the price some time traded near this...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few days ago price bounced from resistance line to support line of wedge, breaking $2005 level, which coincided with support area. Then price turned around and made strong upward impulse to resistance line, breaking $2005 and $2065 levels. But then Gold bounced...
Testing breakout channel and start continue bearish momentum test previous low support zone
Some updates to my previous idea . The key level, marked by the yellow rectangle, has been breached, but the chart also shows significant resistance on the diagonal axes. Obviously, breaking above here means strong bullishness with I-H&S confirmation (the uppermost red box would be the next target then).
AMEX:SPY February 8, 2024 15 Minutes AMEX:SPY opened the gap up, broke 496, and made a high of around 498 levels. So far working as expected. For the day I will consider The rise 482.89 to 498.43 490.23 to 498.43 492.84 to 498.03 For the last rise AMEX:SPY retraced to 23.8 levels and went up. So today holding the 495-496 levels uptrend is to continue...
Weekly breakout in JM Financial. A channel pattern breakout and limited stoploss.
The USD/JPY pair on the M30 timeframe displays a bearish signal due to a well-defined downward channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Key Points: Bearish Channel: The price has been confined within a descending channel characterized by two falling lines, one for resistance and one for support. This pattern...
The XAU/USD pair on the M30 timeframe presents a potential buying opportunity due to a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel: The price has been trading within an upward-sloping channel defined by two converging...
HD is one of my current core holdings that I averaged into during the crash last year. I have always liked the company fundamentally, and even have had success trading options on the stock as well. HD is above the golden fib (strong momentum) and has risen despite market turmoil. Even though tech is the favored sector right now HD has continued to rise. There...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to falling channel, where it at once bounced from resistance area to support line. After this movement, EUR soon backed up to this area and some time traded in, after which price fell back. Next, Euro rose to resistance line, and then...
Hi . KUCOIN:GTAIUSDT ✅ Today, I want to analyze GTAI for you in a 2H time frame so that we can have a Short-term view of GTAI regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). ➡️ As you can see, the price completed its downward waves ( ABC )after breaking Rising Wedge, and now...
Price action analysis for Bitcoin. Wave analysis & key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
Hi Traders! USOIL is in an ascending price channel as it looks to break back above the 75.00 level. Here are the details: The price action looks currently bullish; the market swings are getting higher, and the price is about to break back above the 20 EMA. Our idea here is to buy market dips leading up to the 20 EMA break. Short-term targets are levels around...