Pomiar całej fali wzrostowej na wykresie H1 pozwala wyznaczyć ciekawe poziomy ewentualnej wzrostowej reakcji:
- 61.8 + 161.8 fali BC (ok. 1.1563)
- 88.6 + ZZB -> formacja harmoniczna Nietoperza (ok. 1.1536)
NZDUSD tested the critical resistance area at 0.7100 during the Asian session where sellers emerged. We believe that a larger correction could be unwind from here. The break of 0.7065 will give cofirmation.
Initial short term targets are 0.7045 and 0.7020. But as we see from the daily chart that follows, the correction from this resistance could be deeper. Our...
The technical figure Triangle can be found in US company Wells Fargo (WFC) at daily chart. Wells Fargo & Company is an American multinational financial services company. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board. The Triangle...
USDJPY is testing for once more the top of its rising upward channel. Besides of the channel the pair is testing multi highs at the 114.35-65 area where we believe that sellers would emerge aggressively. We have opened SELL positions at 114.35 preparing to add more on any new upside towards the 114.55-65 area. We will set our stops above 115.20 for 113.20 target....
Bullish flag formations are found in stocks with strong uptrends and are considered good continuation patterns.
Entry possibilities:
bottom of the flag
Breakout of the flag
StopLoss:
Below the flag
Target:
50% of the pole and 90% of the pole after breakout.
SHIB broke out downward!
I think it will also break the support(1) @0.00002760
and will find his support(2) back 0.00001800 or will touch support(3) @0.00001535 and rise again to (support1) @0.00002760 or his major resistance @0.00003530
What do you think ? let me know! ^^
One thing is sure! i will buy again when it hits support (2)or(3) :D
FOLLOW and LIKE for more!
Hello, traders. As predicted, the EURUSD is facing bullish momentum, and our short-term target is almost achieved.
Recently, EURUSD has formed a double bottom on the H4 chart and the latest candle seems to have broken the neckline at 1.1572 to the upside. This further indicates that bullish momentum is high. However because stochastic seems to be in the...
The PEAD projected a Bearish outlook for $NKE after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 40%.
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
We had a lovely drop during FOMC, but the market failed to continue and break the indicated Daily Low. We have seen a sharp recovery and an overall bullish market structure.
Therefore, I believe even today we can either continue with that bullish sentiment or just range. Of course, we can have a bearish price action and a much deeper pullback that what I...
Shares of Coty rose 4.07% to $8.18 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.15% rising 1.15% to 4,357.04 and the Dow Jones Industrial Average DJIA, +1.43% rising 1.43% to 34,326.46.
The stock's rise snapped a three-day losing streak.
Coty closed $2.31 below its 52-week high ($10.49),...
The bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend.
In this scenario we have a Bull Flag formed after a Morning Star Reversal Candlestick Pattern.
This pattern has a 67% probability of succeeding to the upside.
Entry Possibilities for a Bull Flag are:
At the Bottom of the Flag
At the Breakout of the Flag
Take...
Chart shows the possibility of the Right Angled Descending Broadening Wedge Pattern and it's target.
A right-angled descending broadening wedge is a bullish reversal pattern.
The PEAD projected a Bullish outlook for $CAT after a Positive Under reaction following its earnings release placing the stock in drift A.
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
