Hey traders, As I previously predicted, Gold nicely bounced from a key daily support. Even though the market was sharply bullish, I want to remind you that technically speaking the market is still consolidating. The market is still stuck within a horizontal trading range. 1750 - 1760 is its support. 1811 - 1818 is its resistance. To catch a bullish...
Ford will fall. Two times price rejection. MA20 support level is weakening. This could be a distribution phase.
Greeting from IRAN to whole trading community ✔❤ Straight to the point , Its my Bitcoin short-term trading setup and I've highlighted yellow my entry zones I prefer to enter after the pullback , much Safer 😃 It would be a pleasure to comment your ideas about my setup 👏 KEEP IT SIMPLE :)
* Great earnings * Very strong up trend * High 3-month relative strength of 2.55 in the Industrial sector * Pays out dividends * Has been in a tight range of ~3.94% for the past 5 to 6 weeks * Held up incredibly well during this time of market uncertainty Trade Idea: * There are a few plays you can do here since the 4% stop is quite a distance away: 1) Enter...
US Dollar Index was in a bullish trend and after rising significantly, price started consolidating for a while in the form of a rectangle pattern. Since price was in a strong uptrend, we can consider the sideway move as a rest before rising again. On the other hand, price has been rejected strongly from the resistance level at 96.900, and we can see there is...
only in boxes/rectangle. Key support and resistance.
GE had a runup of ~90-100% from its 2020 lows, then consolidated in a horizontal range for the past 8 months, and is now showing weakness breaking down the $95 support level. A short opportunity at the current price, with slight resistance at around 85. The 65-85 level looks thinly traded so it is possible that GE may have further gap downs towards 60. Stop-loss...
If $BTC breaks out above the resistance of the triangle and the POC with an important volume, a long setup is confirmed. #Bitcoin 53k by next week?
* Good earnings * Very Strong up trend * High 3-month relative strength in the Real Estate sector * Breaking out of a flat base of roughly 6 weeks with higher than average volume * Pays out dividends quite generously since it's a REIT Trade Idea: * Now's a great time to enter as the price is just breaking out and is very close to the broken resistance. * The...
Dear Cryptonians, Considering the triangles before the large ALT run at beginning of this year and the similar pattern having in the present weeks, also the possible bear flag on BTC.D, please fasten your seatbelts, fully load your alt bags and exit around BTC.D 24..26 Information: Bear flag right leg based on fractal copy of left leg Good Lambooing and see ya...
Over the last one and half year, the triangle pattern for the shitcoins are still valid. It ends at "ides of March" in 2022. According to books, the upper breakout has a bigger chance. But, let's wait and we will see. It is not a financial advise, just drawing some lines to a chart HODL!
Hey traders, USDJPY was trading in a sideways range for 3 weeks. Finally, bulls violated its resistance to the upside. Taking into consideration that the pair is trading in a bullish trend, I expect a bullish continuation now. Goals: 114.8 115.4 ❤️Please, support this idea with like and comment!❤️
ADVANC | Thailand SET Index | ICT Sector > Chart Pattern | Continuation Bullish Rectangle > Price Action | Buy@Support and Sell@Resistance > Possible Correction Wave in Sideway Rectangle Pattern Always respect your stop-loss
3 days, daily, 4H time frame analysis on USDJPY. Price action & key levels. Trading recommendations & thoughts. ❤️Please, support this idea with like and comment!❤️
For those that followed the original idea, the look of the path seems correct, but the unexpected super-parabola was not. Even now, this chart looks wrong when zoomed out, due to the excessive price action at vertical levels. This next leg will probably be more than your average mean reversion, which is the only reason why I would ever follow up such a...
Silver (XAGUSD) - 2021 Support Resistance, Trendlines (Daily Chart): -Resistance Price Levels (colored horizontal lines above current price) -Support Price Levels (colored horizontal lines below current price) -Trendline Resistances (diagonal yellow lines above current price) -Trendline Supports (diagonal yellow lines below current price) note: chart is on log scale.
We have provided a series of entry points to the position according to the data taken from the chart
Adani Enterprises trying to breakout out of the consolidation phase. If the next two candles are green, expect major upwards momentum. If it fails breakout, it will come back in consolidation rectangle again. Adani gas is also trying to breakout highs, but getting rejected in last 2 days.