Today's focus: Oil Pattern – Ascending Triangle Possible targets – Downside 69.73, Upside 76.50 Support – 71.49 Resistance – 74.05 Hi traders, today we’re looking at oil after yesterday’s fast move down that snapped a three-day winning streak. Could this be the start of a move that breaks out of the current ascending triangle pattern? Sellers have some support...
Today's focus: US30 Pattern – Support point, descending triangle. Possible targets – Downside 31,840 Upside 31,160 Support – 33,033 Resistance – 33,705 Thanks for checking out today’s update. Today’s analysis is over the US30 daily as price sits around support in a descending triangle pattern. Yesterday price broke lower after buyers failed to beat Monday’s...
Bitcoin is back above 30K in today's session extending yesterday's breakout. Hard to look past Bitcoin today as buyers hit 30K, a price level not seen since June 2022. The move started yesterday as Bitcoin buyers broke above 28,600 resistance, and the move was held at the close, which is a great sign as it's the first set in confirming the move. Today buyers...
Hello TradingView community, today’s video update focuses on BTCUSD as price remains fixed in a pennant consolidation pattern. With the Medium-term trend and possibly the longer-term trend lower, you could lean toward this being a potential continuation pattern, but as noted in the video, we defiantly think it’s essential to wait for a clear breakout before...
In this video: * I take you through a basic charting process * We look at data, collect clues, discover indicators, that might help us determine future price targets. * Final targets could be anything from .27 cents to .42 cents depending upon price, time, and pattern. Best of luck traders!