M1 : Ongoing trend reversal in progress W1 : Currently, below the Mid Bollinger Band D1 : Below the clouds. Recovery attempt. Pivot level @ 45000 (D1 closing basis) H4 : Potential double bottom in progress ! Trigger @ 45'850 H1 : Above cluster. Double bottom trigger level (45'850), also coincides with H1 clouds resistance area M30 : Attempting to breakout the...
At the beginning of last week we saw a decline in AUDUSD. It seems to be over, as we have a break above the trendline and previous peaks. The downward trend of H1 ended with an inverted head and shoulders. We now expect an upward movement to start, with the first resistance being 0.7811. The ultimate goal is to reach 0.7887
This is the hourly chart on USDCAD. Here we can see that price broke outside of this H1 trend and if it goes above 1,2137 we will have a reversal. This will confirm an upside direction and market reaching 1,2240. At the same time we have a reversal candle on a Daily chart which also confirms this direction. On a Monthly chart you can see that price is...
M1 : Still in a broad bear trend channel, below the clouds W1 : Same than M1, but some potential recovery signal in progress D1 : In an uptrend channel, still below the clouds, yesterday's price action triggered a long white candle (which is usually a bullish signal) but needs to be confirmed of course. Looking ahead in case of a trend continuation on the upside,...
M1 : ATH so far @ 4208... W1 : Weekly pivot level @ 3436 D1 : Yesterday's price action triggered a doji pattern = uncertainty & indecision First significant support @ 3674 ahead of more important @ 3344 H4 : Mid Bollinger in progress to be broken (wait for next H4 closing for validation or invalidation !) H1: Ongoing bearish trend still inside the clouds which has...
M1 : Trend reversal in progress. Pivot level in this time frame @ 52'021 W1 : Roughly in the middle of an ongoing uptrend channel. Watch MBB as first significant support level D1 : Failure to recover above the clouds and above the psychological level of 60'000 (59603 high !) has been confirmed by two black candles which are followed today by another black candle...
In April we saw a clear downtrend on GBPNZD. The pair couldn't make another lower low and it broke out. This gives us a trend reversal opportunities. Today is a very important day for the GBP due to BOE interest rate decision as well as the elections in Scotland. That means we will see big moves! If you don't want to take on any risk, then wait for a higher...
The AUDUSD pair looks poised to complete a major Head and Shoulders, which is a type of pattern that is typically taken to signify probable bearish reversals in the wake of the May meeting of RBA's Governing Board. The AUDUSD has been developing the aforementioned Head and Shoulders pattern for quite some time now, and the pair is now seemingly finally ready...
ICICIBANK - Looking Bearish = Head and Shoulder pattern forms at the top, we expect trend reversal. 3Cr Rupees penalty by RBI also indicates the down move. For Educational and research purpose only.
Trend reversal eventually happened. A trade below 131.30 which was the last low confirmed the trend reversal in Apple. I warned in my publication on 9 Apr titled " Apple to resume bearish trend" that apple will face problems with 0.618 and 0.786 Fibo Retracemnet resistances and now it came true. Although that wave count may need some updates , Apple's last...
H1 : Last long white candle triggered a RSI BEARISH DIVERGENCE on a "overbought" zone ! Watch upcoming price action very carefully and first support to look at is the ongoing short term uptrend support line , currently @ 57'500, which also coincides with the Tenkan-Sen ! A failure to hold above this area would open for the following targets : S1 : 57'092 S2 :...
M1 : After having nearly reached the 50% Fibonacci retracement of the 3.25% to 0.3620 % move, high being 1.7740 % !, the ongoing current monthly price action is showing a potential trend reversal in progress, which could trigger, tomorrow, on a monthly closing level, a "DARK CLOUD COVER" (Wait for confirmation) W1 : Double top price action in progress with its...
H1 : Closing price of the last H1 candle was below the Mid Bollinger Band and outside of the Former ongoing uptrend channel. Watch pullback which will validate if it failed to reenter in the former uptrend channel or invalidate in case of a return in this uptrend channel. A confirmation of this breakout (expected) would put the focus on the 54’567 level and...
Price broke out of the H1 downtrend on USDJPY! Last week we saw market reaching the 107,45 and it then quickly rose back up. This week the upside move continues and now we have a higher low and a higher high. This kind of price action alongside the downtrend breakout gives us a signal that we should see an upside continuation. We could expect price reaching...
Hi dear followers, After downtrend we saw from Bitcoin, Important descending trend-line Which was a hinder of trend reversal was broke. Now this is my analyze on BTC, Hope to be useful. Thanks for your attention and don't forget to Like Analysis. ATCRYPTO ANALYTICAL TEAM
All, We could have a full trend reversal for many reasons. EPS growth Quarterly profit margin Q/Q increase Outstanding shares: 13.7M Float Shares: 5.24M Institutional Shares: 51% Insider Shares: 36% 3/24/25 "law firm investigates", but in reality what stock doesn't have these. Doesn't seem serious price definitely does not reflect it being serious.
As shared earlier, the RSI(!) showed a Wyckoff Accumulation pattern. After recent price action, it seems that also the PA is following along. Major FA-events occured lately, and a good subscription could force a "buy the rumor, sell the news event", driving prices back down to the huge volume-defined base - holding this area, would strongly increase the theory...
I call this atlantis its the opposite of a UFO when a body of candles is left with gaps on the left and right the result is a reverse in trend. SCETH going up. by iCantw84it