FX:EURUSD Parallel Uptrend Break, this is going to be positive for the dollar and negative for U.S. stocks. Notice how the EURUSD bottomed exactly when the U.S. stocks did.
Rising top flat bottom channel. Two key support targets for downside. Technical analysis would suggest downside price action from here. RSI close to breaking below 50.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
NASDAQ:TLT Parallel Down Trend and Support 50 day moving average NASDAQ:TLT , a discernible parallel downtrend is evident, suggesting a consistent downward trajectory in the stock's price movements. Notably, a significant support level is identified at the 50-day moving average, indicating a point where the stock has historically found stability amid market...
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: With the quite obvious and expected channel breakout in 2016, we saw a rally of more than 500% towards the upside on Amazon. This pump was followed by a retracement back to a previous support level before we saw another bullish reversal. If Amazon breaks back...
FX:EURUSD is declining and forming an attempt to break trend support. Fundamentally, the TVC:DXY is strengthening on the background of the Fed's position, which negatively affects the base currency - EUR. On the high timeframe we see that the dollar continues to strengthen after a long consolidation. The Fed is not going to give up and is trying to insure...
In a technical analysis focused on Tesla's parallel downtrend below the 50-day moving average (MA), we're examining the stock's price movement concerning its short-term moving average. The 50-day MA is often used to gauge the intermediate-term trend. If Tesla is in a parallel downtrend below the 50-day MA, it suggests that the stock's recent price movements are...
Price action analysis. Important key levels. Directional bias. Top-down analysis. ❤️Please, support this video with like and comment!❤️
OANDA:NZDUSD continues to consolidate in a narrow range as uncertain sentiment is also seen in the dollar index amid a challenging fundamental environment. The TVC:DXY has been consolidating below resistance for two and a half weeks, which in standard practice is a strong downside signal as resistance cannot be broken. NZDUSD pair broke uptrend support...
FX:GBPCAD is forming a bearish trend change attempt. The Canadian dollar index is declining, while the GBP index is in consolidation against the background of the uptrend. The growth of the currency pair may continue after retesting the support at 1.6977 and forming consolidation above this zone. What confuses us is the false breakdown of the 200-hour moving...
🚀 CRYPTOCAP:SOL / CRYPTOCAP:USDT just broke out of a bullish descending channel on 4H! 📈 Eyeing a short term TP1 around $114.5, and TP2 at about $123.30. What are your thoughts on this? 💭 #Solana #Crypto
The Weis-methods shows clearly that the ice is tested for a following up-move. -first lines converged -strong down movement cutting the chanel -a strong spring acoured and brought the price to the highest point and threw the strong midpoint like a hot knife cutting butter -actually the midpoint is tested
AUDCHF is trading in a bearish trend. After a strong selling wave, the pair was consolidating for 2 weeks within a narrow range on a daily. Yesterday, the support of the range was broken. We see its retest now. I expect a bearish movement lower. At least to 0.5636 level. ❤️Please, support my work with like, thank you!❤️
Daily chart, the stock is trading in a rising channel, and is inclined to test the support line (Red), then rebound to the resistance line (blue) Below support, the target is 4.62. Above the support, the target is 7.76 (Crossing at around 6.66 - 6.70)
RNDRUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 3.00 What you guys think of this idea?
XRP is currently sitting on the main support of the ascending parallel channel. This is definitely a great opportunity to buy cheap XRP. We have a leading diagonal wedge as wave (1) followed by a sharp correction wave (2). Wave (3) should be in progress. You can be sure that XRP is a big deal for huge institutions such as banks. They are already investing a lot of...
The ZAR has been trading in a fairly large and choppy range. There has been strong support at the 18.13 level and this morning we saw it breach 19 again. Should this weak trend continue, the levels to look out for are 19.20, 19.30, 19.63 and 19.92.
AMEX:SPY January 17, 2024 15 Minutes. Back to 200 average support. As of now previous pattern if any has been negated in a 15-minute time frame. We need to consider 3 Fibs. The fall 478.6 to 473.07 The fall 476.6 to 473.07 And the rise from 473.07 to 475.06 As we can see in the chart AMEX:SPY is a downtrend correction mode in 15 minutes and needs to cross...