Mastek's history shows that when these stocks breakout, give a big return just 1 week to 1 month.
And the stock is preparing for a big breakout after a long time, and the stock's breakout level is closing above at 487, And after having a clogin above 487, keep the stoploss of 467, Must hold for target 525/550/580 target time estimeted 1 month
Normally, I keep my trading and analyses to crypto, but this Dow Jones setup looks too good to ignore. Factoring in all of the bearish signs from fundamental analysis (rising interest rates, rising unemployment, slumping retail sales, and gov't shutdown), it's tough to argue that the stock market will break the previous high.
Triple top formation is possible. I'm...
Ripple has been respecting the ema 50 on the daily timeframe. Currently price is hovering in the ema 50, which indicates a possibility of a reversal opportunity to go long. Don’t forget to setup stop loss after entering the trade. Trade responsibly!
CTL has formed a weekly swing low failure and has also formed weekly bullish divergence. These are generally strong indications of a reversal, More so since they are showing on a weekly time frame.
Moving average guide (All Weekly for this post):
50 weekly moving average in Green.
100 weekly moving average in Yellow.
200 weekly moving average in Red.
on pound aussie we have a very good example of market phases.
pair is now approaching a decent level of resistance,
and the market leaves multiple clues of bulls exhaustion.
first of all, analyzing volumes,
we see that smart money dont buy anymore,
and prefer rather to...
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At the current point in time the market cycles that have been driving Bitcoin 1.00% for a large part of this year are almost universally high, indicating that there is a lot of pressure for bitcoin 1.00% to head downward in the short term. Market cycle c., which has been leading during the past few months has just recovered from a low...
The trend is strongly bullish for the Italian index. This from the first days of January to this days. After the collapse of May (from the highs) it has reached the support area setted at around 18000 points. The price in these 4 months has recovered most of the descent, returning below the key static resistance in area around 22300 points and identified by 23.6%...
Stellar has been respecting the ema 50 on the daily timeframe. Currently price is hovering in the ema 50, which indicates a possibility of a reversal opportunity to go long. Don’t forget to setup stop loss after entering the trade. Trade responsibly!
There are 3 things I like about the BTC daily chart right now. It looks like it is setting up an Ascending Triangle, there is a bullish divergence on the RSI, and the price has been holding up above the 50 EMA since Feb 18th (we haven't held above the 50 EMA this long since 2017) Hopefully we will see some upside soon!
Hi traders! When we look at AUDCAD on the 4H charts, we can see a very nice downtrend. In fact, this trend has been going for so long that it has been very overextended when we use Fibonacci extensions! The longer a trend moves on, the bigger the potential chances of a reversal happening and right now, it looks like we might have arrived at a support area that is...
The Cable dropped 240 pips last week and over 600 pips (!) the last 9 days without any fundamental reason I can find related to the UK economy or BoE, apart from some purchasing managers' indices missing their expectation. Last Wednesday the US ADP Non-Farm Employment Change missed expectation, signalling a potential miss of NFP on Friday, which did indeed happen....
As price reached the daily demand zone that causes the price to move up and break a few highs or just one in the one hour tf. Awaiting buying confirmation at the set demand zone which should push the price higher if it reacts accordingly.