NASDAQ:TSLA - Tesla the "EV Maker" has seen a massive comeback from the low $100s. Tesla tested the $200 mark in February after which we have seen approximately 30% correction which partially filled the gap created in January. Per the diagram we can see that Tesla NASDAQ:TSLA is forming a classic extended broadening wedge pattern, which can indicate...
After a long bearish phase, the stock has touched it's 200 moving average in weekly time frame and i currently hovering around it. 116-120 can act as a strong support for IEX. As long as the support holds, we can expect a pullback. And if there is a consolidation for certain period of time, we can expect a change in trend as well.
Hey Everyone, Great start to the week with our Bullish target at 1966 HIT as stated yesterday. Price then failed to break and close above 1966 weighted level, which then followed with the rejection. Perfect EXIT!! We are now seeing price head into the support structure and now seeing another bounce up. There is room for more movement down to complete the...
Hey Everyone, Please see our 1H chart with updated levels and targets. Price has broken out of the descending channel and found support on the channel top for the break out. We are now seeing price range sideways, right in the middle of both support and resistance structure. All MA's are also converging together gearing up for a breakout. The retracement...
Hey Everyone, Please see our 4H chart with updated levels and targets. Price has broken out of the channel and looking for a retest on the channel top. Support here and we are likely to see a push up to hit 1982. We will need ema5 cross and lock above 1963 to solidify this target. We are likely to expect big swings next week due to high volatile news releases...
Hey Everyone, Please see our updated daily chart idea. Price has been testing the retracement zone support structure once again. We have a candle body close above 1968 opening a longer range gap above at 1992. As long as price remains supported above the retracement range, we can continue to buy dips in this range. A break below the retracement range will open...
On the chart we can see the head and shoulders formation, which is bearish. We are expecting a breakdown. Enter the short position only if the price breaks the neckline. Target and stop loss are shown on the chart.
On the chart we can see a rising wedge formation. Our strategy is enter a short position when the price retest the resistance line. We can see an on-going distribution as there is a lower highs construction. Stop loss: 2.957 USD Target: 2.021 USD Entry: 2.785 USD
Hey Everyone, And we finish off another great week of collecting positive pips buying dips, as per our long term trend target. We used our smaller timeframe chart ideas to navigate the week. As you can see from the last updates below, this week we completed the small detachment that was due completing the retracement. This provided the dynamic support needed...
Hey Everyone, Our chart idea and levels have been respected perfectly with our retracement range holding once again and supporting the price again for a nice push up today. We caught the move inline with our plans to buy dips for a nice finish back to benchmark move. EMA5 has also broken the weighted level leaving a gap to 1979. As always we only take entries...
The GBP/USD currency pair remains confined within a persisting Bearish channel, characterized by a downward trend. Notably, yesterday, the price experienced a significant rebound upon reaching the 61.8% Fibonacci retracement level. As of today, the price is displaying some efforts to regain its lost value; however, our overall perspective remains inclined towards...
GOLD-USD is moving in BULLISH direction from last few hours. The bullish movement remain to continue as the price is steadily RISING and the Relative Strength Index (RSI) is synced with the price action thus bullish momentum of GOLD-USD may be gaining its momentum. In addition, Bullish Flag Continuation Pattern can be also seen at ONE Hour Time frame. Based...
Hey Everyone, We had another piptastic day today catching the move up from support for a perfect exit at 1968 resistance level before the drop. Price is now heading back to the retracement range and as long as this retracement level holds, we should see another push to the upside to test the resistance structure. We are likely to see bounces between support...
ok guys lets go on another chart view of BTC. market is at the end of correction waves that means im waiting for strong signs for long movements . you can see my last analysis in my profile .
When price clears: 248.00 With daily volume greater than average Target: 267.50 area Depending on your risk tolerance: 241.50 gets you 3/1 Risk/Reward. This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
Hey Everyone, Another great day on the charts today with our final bullish target hit at 1963. 1963 is a weighted Goldturn level and therefore will need a EMA5 cross and close above this level to open remaining targets above. Failure to cross and lock and we are likely to see another support re-test below. We will continue with our plans to buy dips and...
TVC:GOLD The key level resistance is expected to hold according to macro trends. I consider this formation to hold some steam to carry gold to at least 1975 mark. If we are lucky, we will see some short consolidation before it will try to surpase the 1980 mark. With some good momentum we will see gold climb pass the 1985 strong ceiling and grab the 2000 price...
Ethereum has some big swings intraday but multiple timeframe analysis suggests its not mere noise. Price is testing a weekly bullish reversal pattern. Its best to be patient and allow this minor downtrend to cease and form a newfound support level. If an uptrend begins at these lows, Targets could be steep considering where the potential neckline is if a double...