Boeing is about to hit trendline support at 212.56. The bottom of this trendline trend is March lows. I believe these lows are the strongest support. MASSIVE Cup and Handle forming on the 1D. Consolidation phase near completion. Fundamentally, COVID vaccines should support BA as a company and as a stock. Technically and Fundamentally bullish IMO. This...
As you can see on the one hour chart, SUSHI has a repeating pattern that looks as if it is getting ready for takeoff.
TRXBTC had a breakout from descending daily channel, and now the price is below the daily structure. IF the price will have a breakout from the daily resistance and weekly trendline, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure...
I'm not going to be posting as furiously on Trading View in the future. I do like to mark up the charts so I won't stop entirely. But, I am redirecting some of my focus into building a more robust watchlist system, so if that interests you in anyway please go check out this youtube video I made attempting to explain what I'm doing and what my goals are. www.youtube.com
Should see 1 last touch of the HTF trendline and a bounce from $40k - $45k
There is a strong trendline/support level around the $0.42000 level which i believe should be respected. This will also keep the smaller inverse H&S around that same level intact. The bigger one being around 20 cents
Should see 1 last touch of the HTF trendline and a bounce from $145
THIS WAS JUST A PULLBACK ## NIFTY IF BREAKS THE SUPPORTING TREND LINE THEN THERE ARE MORE CHANCES OF A CORRECTION IN THE MARKET. IF BREAKS THE RESISTANCE LINE THEN CAN EXPECT A GOOD UP MOVE AS WE WERE IN A GOOD SPAN OF CONSOLIDATION .
Price action has recently broken a strong resistance zone which is expected to turn now into a support zone. In case of pullback, expect the price to reject the new support zone and retest also the upward trendline before a new bull run. The price can reach 16$ in case it breaks the 100% level of Fibonacci.
- USDSGD is bouncing from a Resistance - Broke the counter trendline - Overall trend is bearish - ( Candlestick ) Bearish Signal - Plan is to go short - Take the trade when your rules are fulfilled A BEARISH MOVE is probable in this market.
$OGN.X had a breakout from descending trendline, after the price created a double bottom. IF the price will close above new daily support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure ->...
It Will Rise Because it reach trendline .
Those looking for a simple technical analysis (TA) could revisit the use of trendline. Its one of the most basic tools. As depicted in the QCOM chart, one could find the potential move of QCOM. Trendline 1 could tell the reader its a confirmed uptrend with at least 3 point of touches by the trendline. Trendline 2 is also a confirmed uptrend with the same 3 point...
GBPUSD H4 Live Forecast Down Direction
Hello everyone Here's the latest USDCHF analysis.As you can see, this is just price action analysis and you should be patient till get right candle stick confirmation. good luck
Gonna backtest the TL; if it holds, bears will be disappointed again. If it breaks back under TL, gonna confirm triple top. Alternate path shown goes down to close gap at 3400 and bounce. Just a guess, this is not advice! I posted this as Neutral as it can break either way now. Trade with great caution, ANYTHING is possible here, GLTA!
USDJPY H4 Live Forecast Down Direction
USDMXN H4 Live Forecast Up Direction