Here is an interesting pattern update on Daawat , we can see Daawat has formed an Ascending Triangle . These patterns trend may be either bullish or bearish
Two Scenarios for this pattern:
1. We need to see a price break above 55-56 with a volume accumulation and this confirms the next new high in the near future. The trend will continue to be...
A major 3 wave followed by a triangular consolidation followed by another major 3 wave?
Rice is a basic human commodity needed by many to survive; interesting that it is rising despite the fact that many other agricultural commodities like soy and corn are falling.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction
are the most profitable.
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators...
beardiv this is a play for 4-16 weeks probably
i'm a crypto person, or at least i've started to know the world of markets thanks to crypto. I want to be a player of all markets though, since I have more to gain than to lose by learning to successfuly trade traditional markets as well. I've looked and indeces and bigname stocks for some time just to follow and...
While eating some delicious rice pudding my friend Donna made i decided to take a look at the one day chart with tether on binance seeing as thats where most of the smart money is going as apposed to coinbase against the dollar. I wondered where we would be around the 2nd February when my dark chocolate almond milk expires.. it appears on the brink of the low and...
Since 2002 rice has had 10 major demand levels. Nearly every single demand level occurred between March through May (planting season) with the exception of one in July 2010. Every time rice prices found a bottom between March through May, prices increased shortly after, often substantially.
Below is a chart showing the daily triangle breaking out. This is an...
Trendline broken, and market formed a textbook flag above the broken line.
For me a textbook buy signal is forming here.
If you like to take a little bit more risk like me, buy here at 975 and place your stop at 957.
Target would be the longterm trendline at 1060.
This would result in a nice 5:1 Risk:Reward trade.
If your looking for a more conservative...
If we stay above August 15th's low next week, we'll confirm a potential rally to 1108, so it'll be worth it to enter at market here, risking 0.5% and adding another 0.5% position at the close of next week, if the August 15th low isn't retested.