GOLD is repeating the same pattern as he repeated back in OCT 2022. gold is hovering around very important support 1806. And it seems like bulls are waiting for this level to hit for another aggressive move to upside. if bulls take the charge then 1st easily achievable target could be 1925.
MTLUSDT is trading in fine bullish trend and maintaining well the bullish trendline. Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from the chart. Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack. if bulls take the charge this time...
We have some PPO Confirmation at the PCZ of a Bullish Butterfly near a Support Level, along with some Pending MACD Bullish Divergence inside of a Falling Wedge Pattern. I think we are setting up to eventually Breakout of the wedge and get a 10-20% move out of it.
SNXUSDT is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle. Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle. If the breakout sustain to upside the optimum target could be 2.350. What you guys think of this idea?
Hi Guys, this is a Technical Analysis on BionTech (BNTX) on the 3 Day Timeframe. We are currently approaching a MAJOR RESISTANCE Trendline. This Trend started from the TOP in 08/2021. Everytime we've interacted with it in the past, we've been REJECTED. Will we get Rejected again? Well, we've had 3 touch points already. In trendline theory, it states that...
- Price confirms 200 MA (red) - Seasonality in Starbucks is starting now - Retraced already over 38 % from the last high in April So if the FED doesn't send the markets in the basement with their decision I stay bullish in Starbucks....
Hi guys! This is a technical analysis on Etsy (ETSY) on the 3 Day timeframe, supporting a potential Support Bounce Play. We've come a long way from our recent Rejection off the "Major Resistance" Red Trendline. Moving below the 21 EMA (Purple line) Breaking Below our previous Support Trend line Turned Resistance Line (Black Horizontal line) To now come in...
GBPNZD is trading in descending parallel channel and recently it seems like the sell pressure is just being exhaust and support being created to take off. If the bulls take charge and gives breakout of channel the next target could be 2.1350. what you people think of this idea .
Hi guys. This is a MACRO Technical Analysis on Netflix (NFLX) on the 1 Week TImeframe. This week we have TESTED Support on the 21 EMA and the Support trendline of the UPTREND channel. Netflix is heavily supported not only by these 2 mentioned SUPPORT lines but also a 3rd Support, the black horizontal support line as well. Everytime we've touched the Support...
ASTRUSDT was trading descending channel and recently bulls took the charge and has given the breakout from descending channel. Currently the price is retracing and creating the support around 0.060 region. Will the bulls take charge again continue for leg higher ?
EURAUD was trading in bearish channel and then broke through the channel and currently the price is ranging or we can say that price is creating a strong support. If this support is supposed to hold the initial upside target could be 1.6880 followed by 1.6970.
EURAUD is in strong bullish run and respecting the inclining trendline. Currently the price has retraced to support zone which is 38% fib level as well. This level is giving good bullish confluence for another leg higher.
AUDNZD is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle. Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle. If the breakout sustain to upside the optimum target could be 1.0842 followed by 1.0880.
AKROUSDT is in good bullish momentum and respecting very well the bullish trendline. Currently the price is retracing previous bullish leg and 50% fib retracement will be technically good for another bullish leg. What you guys think of it ?
NZDJPY was trading descending channel and recently bulls took the charge and has given the breakout from descending channel. Currently the price is retracing and creating the support around 86.65 region. Will the bulls take charge again?
The new bellwether for the semiconductor industry is reporting earnings Wednesday AMC, after the market close, which is not a good sign. It could tumble down if even a minor negative is in that report. The stock's trend is definitely overextended and at risk of being beyond its fundamental values. IF NASDAQ:NVDA drops, so too will the NASDAQ:NDX and ...
CADCHF is trading at support level. recently the price has shown good bullish reaction from this level. As the price has created local bearish channel. fortunately the support of the channel is at major support level. Will the bulls attack this level.
The Daily Chart of NYSE:BA shows where the probable support will halt the selling for Boeing. The long sideways trend is close to being a platform. The highs, or within the highs of the range, should provide strong support for the stock. If it dips deeper, it is likely to be temporary and should shift back to the higher area of the sideways trend.