Nasdaq looking to go short as the H4 & Daily EMA's start to have correlation signaling a change in direction along with a trendline and support that has been broken and retested. The first target will be @15260.00 where our SL will be moved to BE and some positions bagged and then hold the remaining till 15000.00 Psychological level.
Litecoin appears to be forming a falling wedge against bitcoin. Rsi trend has bottomed along with the price action within this wedge. RSI is showing bullish divergence over the last several weeks. Volume has been flat or declining in this wedge, often a reversal signal. This could be as much as a 30% move up to the next resistance area. This is the product...
Dotted line will react as resistance. Price will dump or consolidate here. You can go long after successfully breakout of dotted line otherwise better to wait
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪 Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside,...
nifty long trade dont short the market higher tf is bullish so if it breakout from the trend line one can go long and also forming triangle pattern
BINANCE:OCEANUSDT forms a bottom at 0.1208 and forms a false breakout. After formation of the formation, the price rallies and goes into consolidation in the triangle format After retesting the triangle resistance on July 22, the price forms a small correction after which the price forms a pre-breakout consolidation near the upper boundary of the formation....
Gold is bearish! But it is around a reaction leve, We could expect a correction for the first days of this week! There is high probability of retrace back to main trend around 1935. TP's might be weekly camarilla resistance levels , 1921 and 1912. Our final TP is overlapping of middle of bearish channel and HTF bullish Order_block! Best regards, Alisignals
EURUSD is testing flat support. There is both the possibility of forming a false breakout, but in this case the previously broken trend resistance will be confirmed, and an attempted breakout, in which case the price will head down. TA on the high timeframe: 1) There is consolidation forming around 1.09526 and numerous retests. 2) Price is testing a strong...
OANDA:XAUUSD is in a local bearish trend. Within the current trend, the price is testing resistance. Two scenarios are possible: either a breakout or a rebound. What to expect? The price tests the trend resistance and goes beyond it. If the price can consolidate above the level of 1914 after the channel breakout, the price may form a potential upside to...
FX:GBPAUD continues to strengthen within the framework of the uptrend. The price updates the local maximum and continues to seek trend resistance The currency pair may make a correction against the resistance of the ascending channel. The price may reach the upper boundary of the ascending range and form a false breakout or other traps for players. Price...
CMP: INR 2336 | Industry: Capital Goods P/E: 22 | Industry P/E: 38.4|ROE: 13.7% | ROCE: 18.8% |BV: INR 726 | EPS: INR 96| MCAP: 2369 Cr. Aggressive Entry: 2,336 | Resistance Levels: 2,712 | 2,947| 3,220| 4,204 Stop Loss: 2065 Confirmation entry levels: 2,512 | CCI: 66 | EMA (9d): 2,225 | S. RSI: 32 Analysis: Honda Power has been in the formation of a symmetrical...
#High coin is in descending channel with resistance around 1.60 Coin will retrace after touching 1.60 , so sell it at resistance
#High coin is in descending channel with resistance around 1.60 Coin will retrace after touching 1.60 , so sell it at resistance
We have a meaningful trendline break using log scan close only line chart , support further below
BINANCE:APEUSDT is trying to develop a bullish scenario. The prolonged bearish trend may end, but buyers will have to take and hold a few positions to do so While bitcoin is testing a strong support area and is in the correction phase, APE is breaking the descending wedge resistance and forming a local wedge. In this case, we are interested in resistance at...
OANDA:XAUUSD is testing the indicated target support at 1912.7. A false breakout is formed and the market reacts with a rebound to the false breakout of the liquidity area The price is testing the resistance of the next bearish channel. There is a possible reaction in the form of a fall from the resistance and at the same time, the price may test the...
BINANCE:SUSHIUSDT is forming a bearish wedge and after retesting the global bottom, the price starts to strengthen, breaking the resistance of the pattern A symmetrical triangle has been forming for the last few weeks, within which the potential is accumulating. Within the forming figure, the price is breaking the resistance of the global wedge, but is still...
BINANCE:RUNEUSDT is forming a prolonged downtrend. A global setup capable of changing the trend is being formed. After testing the bottom, the price starts to realize the bullish potential The rebound from 0.777 (market bottom) forms a bullish reaction on the background of bitcoin growth. An active strengthening and breakout of the global trend resistance is...