After hitting the top of the channel, SQ is on its way down. The Relative strength index shows the price has a little bit to go before it hits the support line. I would watch patiently and wait for the RSI hit the bottom before taking an entry position or buying more. Accordingly, wait for the price level to hit the double support line. The double support line...
Uptrend channel continues. Watch this hammer bullish candle at the bottom. It´s a confirmation. Buy now. Target: Top of the channel. SL: A few pips under last low Keep it simple. Good trade!!!
Stock corrected to 50% level after completing a Bearish AB=CD PATTERN. Then support taken at fib levels & uptrend channel support line. Expecting a bullish up movement.
I know I post about this stock a lot, but that’s because I truly believe it can outperform in the short run and over the long term. After falling out of the upward channel CROX found support at the 37.50 line, and bounced upwards to retest the resistance line (last week’s support line), at which point it entered back into its upward channel. This is despite a...
There are more than ine reason to consider buying Gpb/Jpy as shown in the photo Please do your own analysis before trading
price in uptrend channel also good bounce from this zone and looks good for long looking for breakout of the bounce candle and will add retest of this candle for the long
After just recently breaking out of a wedge pattern, BTC is traveling up the channel and is falling after hitting a recent top. Normally, I wouldn’t put much consideration to a head and shoulder pattern alone, but coupled with a breakdown in support for the RSI, one can’t help but sense a bearish outlook. I would watch the price at the 9700-10000 range as there is...
After hitting a double top pattern, BABA is heading back down to its support line. Watch it at the 252-253 range, at which point it should bounce. Both the RSI and trend lines indicate that the stock could and probably will fall further. For investors wondering when the best time to cash in on profits, I would set a stop loss at the 250-251 range. I would...
The $QQQ Held it’s support today, after dipping briefly below the support line. I remain bullish. Expect it to continue its uptrend, but with continued volatility. The overhead RSI resistance line and the lower RSI support line are far apart, meaning it could gyrate violently between the two.
Bias: Bullish trend will continue, however it matters where we can see the entry point for a long position. 1. As mentioned in previous chart updates, we have been in a bullish trend, HH and LL. More than that, I am not surprised that the price action is really well respecting the EMA 200 days, except for many bad or good news of oil price. ( A myth is that Oil...
Currently 115 pips up in this long trade on USDCHF. Target is the next higher high for a total of 936 pips.
BTCUSD has just broken & closed over a strong Daily Resistance zone. That was one of my key zones to watch out for. Predicting bullish movements if bitcoin fails to retrace or reject new price. I'm currently waiting for a confirmation to place order. What are your thoughts on Bitcoin? Post your Analysis Below..
Hello, traders. ZEC/BTC is inside an uptrend channel on the daily charts and is heading towards the target that is in the region of the next important resistance level. Best Regards. Sandro and Gustavo
Can we c twtr getting back in between the upward lines until earnings coming soon (2 weeks time)? I'de like 2 c the bull cross of 50 and 200 DMA .- BTW , I noticed in a few assets that almost golden cross , I know its a late sign but.... better be late then never.
Google has been trading inside Huge longterm Uptrend channel however this is all based on monthly candles so WAIT FOR MONTHLY CANDLE CLOSE!! this is a long term analysis & smaller timeframe moves won't affect it, we have been in an uptrend since 2012 after breaking out of multiyear ascending triangle, now we are looking at a possible Double top on monthly chart...
good long position, with a cracking 4.6R profit ratio. If Gold gets to 1800 before a deep pull back, should give enough time for Condor Gold small cap to break the current trend channel.
Yesterday it was announced the opening of Chinese hotels of the chain, their confirmed occupancy is about 40%. Paper 18.05 on good volumes passed day EMA50 and hour EMA200. Yesterday, it pushed upwards from them. The closest resistance level is 100, the next 110 and 117.5. That's where you can put the TP points. Stop-loss is below 88.1.
Cryptohopper Newsletter Market Analysis Bitcoin is, for the third time attempting to break the resistance between $10,000-$10,500. Breaking this resistance will mean making a new high for BTC this year. Based off of the previous bull run, we could expect the next resistance to be at $12,000. Should this resistance hold, we could see the price...