In this chart I point to main chart pattern in the SLB prices at this moment, that is the head and shoulders. Not only that, but the prices are doing a breakout of this pattern, that I indicate step-by-step at the purple text in the chart. I am also trying to take some advantage of this movement, and so I bought a very short term put option to try catch some...
Biotech stocks can make huge moves, and this one is no exception. TGTX more than doubled in a month and is showing no signs of slowing down. Slower-trending, blue chip stocks tend to ride their 50-day moving average (red line on chart) on the way up. Stronger stocks tend to hold their 21-day moving average (blue line). But with high-flying honey badger stocks...
I'm still following the idea of backtesting the FWB:25K level, however the price is on another - in my opinion - important trendline. Maybe the price could bounce of this trendline creating a lower high and continue to the downside later on.
possible pullback to 1 of the 3 targets. on the 1min and 5 min chart we can see some CHOCH on a support, just another notice is that we also broke our recent bullish trendlines. If support gets broken, have good look at the 24.000-25.000 area where is a bullish orderblock.
✅CAD_CHF has hit a resistance Cluster at 0.668 of the falling and Horizontal resistance lines and we Area already seeing a bearish Reaction so I think that the Pair will go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
OANDA:EURUSD Price breakout trend line and pull backed to the trend line. We should look for short positions. I think we might see price near orange line. 🟥Please Pay attention🟥 *Don't forget like and follow.💛 *Please do a research first and then open a position( Not just by my analysis )🧐 *If you liked this idea or if you have any other opinion about it,...
The 200-SMA of a weekly chart is probably the main indicator of a secular bull market. It's almost never breakdown, except if a crash happens, and then prices usually come back quickly to the uptrend. Or, the other situation, when an extended bear market begins, and in that case, prices will remain under this MA for a while and the battle around it lasts...
Hello,Traders! APPLE is trading in an Uptrend and the stock Made a rebound from the Rising support just as I Predicted in my previous Analysis, however, a strong Horizontal resistance of 175$ Is about to be retested and As the stock is locally Overbought I think that We will see a bearish Correction and a move down Sell! Like, comment and subscribe to...
✅AUD_CHF is now making a Nice pullback from the resistance Of 0.604 just as I predicted so I am even more bearish biased And I think that we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
• QQQ corrected to the 21 ema again, after filling the previous open gap at 322.08 (open since Aug 22, 2022); • It is ok to see QQQ losing strength after reaching this key resistance, however, in order to maintain the bullish bias, the 21 ema must act as a support; • If don’t, QQQ could easily seek the next support level, which is around 310, and this would...
• The SPX has been correcting since it hit our target, the technical resistance around 4,170, but it seems it is stabilizing above the 21 ema; • We set this target on my previous analysis (the link to my previous public analysis is below this post, as usual), before the SPX confirmed its bottom, when it was still below the 21 ema in the daily chart; • Now we see a...
Iridium Communications is a telecom stock in a clear uptrend. Shares have more than doubled over the last 12 months with clear support at the 50-day moving average. The dashed white line on the chart highlights the area I have been watching - the HKEX:62 price level. This has been a key area of support and resistance and a likely place for IRDM buyers to step...
Hello Traders 💖 On The Daily Time Frame The USDCAD Price Reached A Resistance Level 1.35123-1.35538 ! Currently, The Price Broke The Key Level (Resistance Level Becomes New Support Level) If Price Stays Above The Key Zone, USDCAD Can Continue The Bullish Move 📈 ----------- TARGET 1: 1.36767🎯 TARGET 2: 1.38000🎯 ___________ if you agreed with this IDEA, please...
H4 - Price is bouncing higher from a key support zone. Bullish convergence. H1 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the two strong support zones hold my short term view remains bullish here.
Long Zone on FOREXCOM:GBPUSD GBP/USD has broken the range and made a fresh HH. Seems like will give a pullback from a pivot and golden FIB. Zone. Also, there will be a confluence of a support level that was acting as resistance previously. Manage your trade accordingly. Best of Luck!
Hello Traders 💖 On The Daily Time Frame The AUDCAD Price Reached A Resistance Level 0.91064-0.90806 ! Currently, The Price Failed to Create new Higher High 📈 If Price Stays Under The Key Zone, AUDCAD Can Continue The Bearish Move 📉 ----------- TARGET: 0.89800🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
As we have UK CPI on Wednesday this long could be just an intra-day punt. Looking for a drop down into the imbalance and then a sweep of the recent swing high. There is a double bottom just below the entry hence why I am not really bullish. The news could be used to sweep those lows and maybe a pushed further down. Going to stay nimble. The USDJPY held up today,...
Hello,Traders! EUR-GBP has retested a Horizontal resistance of 0.886 And failed to break the level So now we are seeing A nice bearish reaction And I think that the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!