PBH has clearly broken its short term downtrend line with High Volume which adds confidence to my analyses that it could move higher in the upcoming sessions. My targets are mentioned below:
TP1 - $14.70 (potential 7% gain)
TP2 - $15.25 (potential 12% gain)
Stoploss - $11.80
Please note these are my own notes, by no means trading advice. Please do your own...
Z1P has been consolidating for a while at the lows and now the price action suggests that it may be preparing itself to move higher, as we can see that the Bearish Trendline has broken with High Volume. I am bullish Z1P with my trade plan mentioned below:
TP - Next Resistance Level of $8.40 (potential 17% profit)
Stoploss - Below the recent Swing Low at...
We have three (3) main setup here and a very good buy confirmation on this chart to go long to $1.80.
First, we have an uptrend (trend continuation). We also have a bullish pennant breakout and price in a ranging zone testing the demand zone back to the supply zone.
The trendline breakout confirms this three (3) setups for price to go long to $1.80.
What do you...
As we can all see, we have a falling wedge pattern. Price broke out successfully at $36,000 with a pull back and we now have an uptrend in place.
Therefore, I expect price to continue in this new trend, long to $43,000, short to $39,000.
Another long to $46,00, short to $43,000 before a good BUY to $50,000.
What do you think?
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This analysis is about the pink annotations, which are from the weekly timeframe. The grey ones are from daily/4h and i'll be posting an analysis about them later... follow me to make sure you see that.
As you can see, gold is in a clear uptrend. The bottom trendline has 3 or 4 points visible from the weekly TF where price has come down and respected the...
What do you think? It's been a strong market. Tough to get short. But, a trendline break is a trendline break. The recently broken one had four previous touches, meaning it should have been more supportive than it was. This signifies possibly a shift in market sentiment, saying the bulls were in control, and now the bears are in control.
How has life gotten me to...
Hey traders!
its been one month that BTC and cryptocurrency market are going side way but the good news is that it wont last very much :) because as you can see BTC is in corner of a triangle which will be broken soon...
more falling possibility is so much low, after one month of range market a huge pump expected
i suggest you buy if you want to hold...
dont...
The price has been moving up for a very long time now and it has formed a rising wedge in the H4 timeframe. However, we can see that the price has gotten out of the trendline and did a retest to it with the GBP News release, it is also respecting the minor trendline's resistance that has been formed in the H1 timeframe.
Price has the potential to move down from...
With respect to my previous post on BTCUSD, price broke it earlier than expected. We had a breakout from $37,000 yesterday and a pull back followed.
Right now, I expect a bullish movement to $40,000, $42,000 and $43,000.
What do you think?
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As we can see on this chart, we have a downward trendline breakout from $2650 and a pull back is in play back to $2550 or the breakout point at $2650.
When price reach $2650, I expect price to dip to the neckline at $2220. If price, break the neckline downward, then I expect another dip to $1800.
What do you think?
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Entry price - $1890
Take profit 1- $1870
Take profit 2 - $1857
Stop loss - $1904.50
As we can see on the chart, price broke the trendline downward, and a pull back occurred. Therefore, I expect price to short to $1857.
What do you think?
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As we can all see on this chart, this is replica of what happened early this year (January, 2021).
On 8th January, price found itself in a tight triangular zone and eventually left the zone 21 days after with a breakout and a retest which led us to $57,500.
History repeated itself again and price got into the same tight triangular zone on 19th May 2021 and it's...
