Check out Kava's chart! It's positively sizzling with excitement! Not only has it just touched the lower trend line of the channel, around the Fibonacci 0.786 level (ALTS seem To love Fib 0.786), but there's also a tantalizing OBV divergence taking place! This is a prime opportunity for a potential buy signal, friends. Just be sure to set your take profit at the...
Price has been trading inside the given upward channel since September 2022 . Recently , the price reached the pivot line of the Channel and has shown signs of rejection to the downside ! My next Traget will be the lower limit of the Channel i.e. 0.83700 which is also is the 0.382 retracement of the previous move above , henceforth making it a strong support point !!
Support below 0.618 above Probable Macro Wave 4. Parallel channel for channel support resistance, fibs 0.618 above resistance, Bearish Gartley looking at a possible flat top Wave 5 otherwise 36k probable on breakout to the upside from previous highs.
The Intriguing Factors That Have Sustained My Interest in This Promising Buying Opportunity When it comes to GBPUSD, my sights are set firmly on one direction: buying opportunities. The stage is set for a potentially lucrative trade, and I'm eagerly awaiting the perfect entry point. On the 4-hourly chart, a retest of the trendline (right) holds the key to...
Depicted channel in White to me is our Parallel Channel. Fib speed resistance fan currently 0.618 support in line with the channel. 0.75 major support level as can be seen on our previous impulse to the bottom, that was a support for I think was a fake out to the downside.
NASDAQ look for double top before a major correction? A Major correction in NASDAQ is on the table.
GBPUSD was trading in strong bullish trend and lately tested the weekly highs. After the weekly high testing , the pair fall back to lower side of bullish channel. Now will the GBPUSD rise again to high of the channel.
This is an update to a previous post. RLC / BTC saw a strong reaction, bouncing hard off the neckline of the inverted head and shoulders on its 2nd re-test attempt. The 1st attempt nearly failed but also reacted strongly. Now we're forming a parallel uptrend as it works its way to the TP 1 of the HSi. Reaching TP 1 would confirm a breakout of that as well and...
FOREXCOM:EURUSD - Bullish Trend in 1 Hr TF. Buy Stop Entry Break of Previous H.H. Wait for Confirmation
Eth is consolidating in ascending channel and falling wedge. It will stay in this range for some days. Btc will pump more than Eth these days. It’s not ETH time.
Hello 🐋 we can see more correction to the downside at least close to great daily support level ($26000) ❌🧨❌🧨❌ in other word if the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction, at least to our lower trend line ❌🧨 otherwise we can see more gain to upper resistance level ✔️🚀 for any other huge pump,...
Good afternoon, I hope everybody had a wonderful week and trading week. This week my bias has changed up a bit on the direction of where the market is going. Currently, I am leaning toward the market being in a diagonal consolidation in five wave count. Once the diagonal five wave count is complete, UJ will continue to be a dominantly bullish market. Focusing...
ODAS is abiding the parallel channels since April 2022. Two levels are given according to the price action. You can swing trade between the red intervals if it gives an opportunity.
ZS1! Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Cluster, Confluence, Parallel Channels, Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided...
ES Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channel, Cluster, Confluence, Pitchfork, Modified Schiff Pitchfork - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is ...
NZDUSD has been moving in an ascending parallel channel, and the price has formed an HL. Potential opportunity for Long. Look out for support on the parallel channel and 0.5 Fib retracement support
GRT has spent some weeks backtesting the supply line of this channel as support and may be preparing to soon continue it's ascent and potentially make a 0.618 Retrace which would take it to $0.62
I try to use as many indicators as I can to experiment and learn from thier comecomes. Iv been using the parallel channel tool recently and I enjoy how simple but handy it is. To me, recently we broke down from a upward trending channel (green) and it looked to me as if I slight downtrending channel was beginning to form (orange) Yesterday we momentary broke...