Looks like there's potential for KAS to form an ascending triangle here. Could fill out the entire shape shown in this chart, or break out sooner than later. My bias is that it doesn't get filled out completely, but we'll see...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 When price bounced from $1905 support level and made strong upward impulse to $1985 points, it broke $1950 level. Then price entered to falling channel, where it declined below $1950 resistance level, which coincided with resistance area. Also Gold declined to...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price fell firstly to the 25700 support level, which coincides with the buyer zone, at once bounced up, and some time traded nearly there. Also soon, the price declined to the buyer zone, and then it rebounded and made impulse up to the current resistance level,...
Telsa after long bearish trend pushing prices with higher high and higher low patterns indicating a near bull run scenario to be take place. the convergence from point 2 to point 5 can act as bullish reversal and can push price to 1k USD or even more upside probably making tesla a multi bagger stock. As fundamentals are strong and TA giving green signal you can...
bullish pennant pattern formed in 15 min timeframe in SUNPHARMA Go long once 1153.60 level breaks which appears to be a good resistance level. SL should be at ~1149.50 level Your first target could be 1169.70 level (52-week high level) Happy Trading :)
AMD going to be explosive here if it bounces & confirms the flag. Watch it close. Always plan for dips, never add full position. NFA. Follow for more insights. I called it out to drop from top of TL @ 108. See what happened.
Bullish penant pattern seems to be formed in IGL price and price is near the trend line Go long if the it breaks ou the upper channel of the pennant First target - 487.10 Second target - 498.40 Happy Trading :)
Daily chart of UK100 is expected to Break up weekly resistance and trendline to follow a Bullish September Seasonal behaviour. Take Long positions after retest and new orderblock formation Dow theory HHs HLs: Bullish Candlestick Pattern : Bullish forming three soldiers Support &Resistance: Orange line formed on Weekly chark Trendline: Resistance...
Forming A Bull Pennant, can consider buying if breaks out, forming new highs
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price bounced up from $1955 resistance level, which coincided with resistance area and entered to falling channel. In channel, price declined lower two levels to support line of pennant, breaking them. After this, price started to move up and in a...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price traded inside from flat, where it some time declined to $28700 resistance level, which coincides with resistance area. But later BTC broke this level, exited from flat, and made a strong downward impulse below $25700 support level. As well price...
price is approaching demand zone again , as it exited the pennet ,,
Bitcoin has formed a symmetrical triangle. Perhaps it is even a bearish pennant looking at the bar. In addition, triangles usually indicate a continuation of the trend and the diamond pattern under the lower edge also suggests this. This is not financial advice.
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 A few time ago price started to trades inside rising channel, where it fell to $215 level and then continued to rise. Later price made strong upward impulse to resistance line of pennant, thereby exiting from channel and breaking resistance $225 level. But then...
Following a five-month decline from its all-time high in November 2022, ConocoPhillips ( NYSE:COP ) has spent the subsequent five months consolidating within an area of value in its long-term upward channel, establishing strong volume support. Historically, we've observed COP forming triangles and making measured movements on breakouts within this channel. If...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price a few days ago prices bounced up from the 25800 resistance level and started to trade inside the range. After the price reached the top part of the range, it started to decline and fell back to the 25800 level, where it some time traded near and then made...
EICHERMOTORS price action given break out on 1D timeframe with a DOJI candle. Good trade for positional traders. You can go long or wait for another candle to be formed. Next target could be 3508.00 Happy trading :)
Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some days ago price rebounded from 0.5080 current resistance level and started to trade in a big range. Inside the range, the price made the correction and later rose to the 0.5340 resistance level, which coincided with the seller zone. After this price...