Canara Bank touched a convergence of a support and a rising trendline, a reversal done, and a breakout above the short-term falling trendline, but today it failed to cross the previous high, and following the resistance, it cooled off a bit. But looking at the candles of the last Days, we may expect it to breakout and move higher. My Expectations for Targets 416...
Evening Traders,
Today’s analysis – APEUSDT- trading away from its Channel High, losing support will lead to a deeper pullback,
Points to consider,
- Price Action Impulsive
- Channel Low Support
- Naked Single Print
- Lower Resting Liquidity
- Market High Low
APEUSDT’s immediate price action is trading towards an area of support that is in technical...
Hey Everyone, Dean here, so while doing the midweek market review with my students, we came across the EURCHF. Now considering the overall structure of this pair it does offer some interesting reasons to get long, and if you want to know what those reason are, simply takes some time to watch our review of this pair and why we suspect a possible bull run is on the...
AMZN has now joined several other FAANG stocks in missing earning expectations, adding salt to the wound is that it has also given a weaker outlook for the next quarter. When more and more heavy weights start to roll over, then it is likely that Nasdaq will not bottom out so soon.
Medium outlook is bearish with possible next zone of supports between 2030-2180...
First went long at $39.600, then bought some more at $41.180 (kinda nailed the retracement). Current average price is §40.390, so were in small profit at this point, around 3.3%. As long as we can stay above the diagonal support trendline oft he ascending triangle I am bullish on BTC. It looks to me as if we have gained supprt at the trendline together with the...
ADA/USDT pair seems to be in a Falling Wedge to me, if the current supprt level at around $0.89 breaks I expect the price to go to the lower trendline again. Target at around $0.72 - $0.75 seems realistic to me, IF this scenario plays out. The other scenario I would look at is gaining supprt at the current level and wait for a high Volume breakout confirmation to...
As I mentioned in my previous analysis ✔️
the price has started to gain from the black trend line ✔️
and then
breaks the red trend line ✔️
and now
become close to important channel resistance, but this time we expect that the price will break the channel resistance to the upside, and we can see more gain for Ethereum 🚀💣
This is not financial advice, always...
CADJPY price is hovering around a good resistance area and looking weak at the time of writing, if bears regain their control there will be a downward surge up to trendline support and if the momentum is carried out we could see a drop towards 89.00 level. So selling on strength will be a good strategy.
Evening Traders,
Today’s analysis – NZDCHF – trading towards a key level where a bounce is probable,
Points to consider,
- Price Action Corrective
- Weekly S/R Support
- .618 Fibonacci Confluence
- RSI Extended
- Swing High Objective
NZDCHF’s immediate price action is trading towards a key trade location that has technical confluence with the Daily S/R...
With the lawsuit coming up, HCMC has risen to higher levels in anticipation of a successful court date.
The current volume and popularity this penny stock is receiving lately are undoubtedly impressive. Future improvements this company can make with more money are immense.
Based on general price predictions of TA and the alarming amount of exposure this penny...
Evening Traders,
Today’s Second Analysis – EURUAD- impulse sell into a high timeframe structure, finding support here is probable.
Points to consider,
- Impulse Price Action
- Daily S/R Support
- .382 Fibonacci Resistance
- Oscillators Extended
- Declining Volume
EURAUD’s immediate price action is impulsive, oversold conditions are likely to lead to an...
Hello traders,
SPY Had just completed a 1-2-3 pattern confirming the 265 as the short term top.
Our technical analysis models predict a downtern next week re-testing the 220 lows,
There is mote than 50% that the low of the 220 will break marking the 200 as the next level to watch.
breaking the 220 level will trigger a strong short trigger for SPY and other weak...
Hello Traders!
Today’s chart update will be on BTCUSD where we have a parabola forming, closing on a key Fibonacci retracement level indicating a probable blow of top.
Points to consider,
- Trend broke key resistance - .382 Fibonacci
- Structural resistance in confluence with .618 Fibonacci
- Strong support from 20 week MA
- RSI entering...
