Value stock on early stage uptrend possibly mispriced with significant growth potential with cannabis legalization and e-commerce tailwinds. SOURCE : seekingalpha.com
It's hard to see but the resistance is at 290, 330, and 405.50 would be the exit of this second wave and the negative divergence and p-n-p MACD bullish divergence and in CCI OB vs on the last drop in that price range
We can identify the falling wedge chart pattern on WISH. As a result, we can anticipate a rebounce towards the fibo level.RSI Divergence also shows a reversal happening soon.
The price action has been developing a massive Ascending Wedge that was highlighted in our previous analysis of the pair. This implies that the EURUSD may finally be ready to break away into a new downtrend. These expectations are further substantiated by the MACD, which is underpinning a divergence in the making. Such a reading of the indicator is to be expected...
#EOSUSDT it seems this reverse head and shoulders occurred in most of cryptos $EOS can touch $7.8 by this pattern
#BTCUSDT #bitcoin also made a reverse head and shoulders that will help price touch $46k
It is possible that BTC is completing the reversal Head and Shoulder pattern at the bottom. Is that the begining of the 5th main wave? Please let me know what is your opinion about that.
We enjoyed a 150pips run in our last publication before the price began to find higher highs (see link below for reference purposes) which topped @ Y133.4ish during last week trading session. Even as the EURJPY appears Bullish on the long-term outlook, the break below Key level @ Y132.800 which also serves as the Neckline of the Double Top structure signals a risk...
It has been over 400pips move in our direction since my last publication on this pair (see link below for reference purposes) and it appears we at a critical juncture in the market that warrants a trading opportunity after considering the character of price action during the last week trading session. $1.42000 level "rejected" attempts for a Bullish breakout of...
I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you. Analysis on #GBPCHF Hello friends. similar to my analysis on GBPCAD, but this I prefer as it has a bigger range of 250 pips with no resistance on its way. A possible Reversal pattern on my radar and I am...
The EURUSD appears to be developing an Ascending Wedge pattern as global inflation concerns tighten. This could strengthen the reeling greenback, potentially causing a reversal. This is further substantiated by the fact that, when found at the top of an existing uptrend, Ascnedning Wedges signify potential reversals. Furthermore, the MACD indicator underscores...
If you have been watching the PTON chart for the past few weeks and/or been following my ideas over the past two weeks, you would have seen the head and shoulders pattern materialize/activate. However, earlier this morning, a new pattern entered the mix! As you may already know, it is very common for the price to come back up to the neckline of the H&S pattern...
Short Term chart Developing Crab Pattern. Let a bottom form first Crab Patterns may Extend as much as 1.92 times XA Stop and Targets are marked As always do your own due diligence Good Luck S
1. A DOWN TREND ON 4H CHART IS BEING BROKEN, WITH BULLISH (MARIBOZU) CANDLE. THE MARIBOZU SIGNIFIES THE MOMENTUM UPWARDS 2. THE 1860 MAJOR LEVEL HAS BEING BROKEN 3. IF A RETEST OF THE 1860 OCCURS, WE ARE LOOKING AT IT AS A CONFIRMATION TO BUY
At the beginning of last week we saw a decline in AUDUSD. It seems to be over, as we have a break above the trendline and previous peaks. The downward trend of H1 ended with an inverted head and shoulders. We now expect an upward movement to start, with the first resistance being 0.7811. The ultimate goal is to reach 0.7887
With over 800pips run since my last publication (see link below for reference purposes); It appears we are at a juncture in the market where a trading opportunity is building up as structures insinuates a reversal. The CADJPY pair appears to be losing its bullish strength since hitting her peak @ Y 90.600 which was followed by Lower lows that culminated in a...
Looks like the Elliott Corrective Wave (ABC) perfectly played after the Elliott Wave (12345). The gartley that formed also comforts the idea for a next leg up with a target (Gartley pattern + corrective way) of approximatively 61K. Notice the small bullish divergence on MACD and RSI as well. It would form another (bearish) Gartley from there. To be continued...