NASDAQ:GILD - #GILD exit the bearish channel at the end of December 2021 - Series of higher highs and higher lows since January 2021 - Lower end of the channel coincides with the 50MA - MACD sloping up - RSI at good level Buy price at USD 64.55 1st TP at USD 68.00 2nd TP at USD 72.00 SL at 61.00
USDJPY is an uptrend channel, within the channel there's a shorting opportunity. If you have shorted based on the Bearish Shark Pattern and Bearish Crab Pattern. It's understandable if you are worried that it might hit the Stop-Loss, a break and close below the trendline will give better peace of mind for a counter-trend trading opportunity.
Hi guys; Currently this pair is completing the 4th wave as a correction till demand zone( the second grey zone or lower trendline ) after that we expect that it starts a new impulse as a 5th wave. Please put your comment and like . If you would like my vision , analysis please follow me thanks guys.
Using trend lines, a clear bullish trend has been identified with strong support and resistance levels also being identified. After a bullish week in USDCHF, prices have reached the resistance level. The last candle was bearish indicating possible bearish momentum coming into the markets. This could indicate a pullback to the support level.
Taking a little risk on this play but I think it could reach the target I have a stop loss set just in case trends don’t go as predicted but I’m seeing a strong uptrend. What are your thoughts?
NNDM is trading within this bullish channel so i see no reason why anyone would trade anything other than long with this stock currently
The trend is your friend. Been consolidating with volume. Solid potential gains on this chart. Buy the break out! #otc #tsx #cse #otcmarkets #ascendingchannel #stocksignal
Technical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 4 hour movement. Price forming rising tops/bottoms ~upward trend~ and has been respecting this channel. So far there has been no disagreement with the MACD, if any, even better to confirm this bullish leg. Exponential Moving Averages taking parallel...
ETH is on a very important place, near its ATH and on a uptrend channel, 2 resistances below. We can see a lot of sellers yesterday at "1" then not so much sellers at "2", so afraid people are out. Now we are on good way to breakout the ATH again. Please, be careful, look for the chart.
This Video looks at the trading opportunity that could present itself on the 4 Hour of the NZD CAD. 1. Uptrend Channel Formed. 2. Now at Support. 3. Needs a Strong Bullish Signal. 4. Would trade to Resistance of Channel. 5. Trade would be in sync with the overall Uptrend of the Daily Chart 6. Always better to trade setups that are in sync with the Market...
MYOR (Mayora Indah Tbk) one of the best fundamental data in Indonesia consumers goods sector, now is testing its uptrend channel support as well as EMA150 as trendline moving support at price 2500, i think if you consider to invest for long term, this could be an opportunity to BUY, but if you are a trader you should consider more since the volume of the...
Hello Traders, ANKR is playing within an uptrend channel. Volume increase. RSI/ MFI supporting uptrend. Similar inverse head and shoulders pattern with the uptrend channel, as we saw in the recent months time. Saw a 300%+ increase after breaking the previous channel. Buy/ hold for gains. 60%+ possible. Take profits after reaching recent highs and hold for...
Hello guys, Just a quick trading idea I came up with today morning on the 4-hour chart. I haven't changed it since I still think it is the most probable scenario for ETH if we consider the bull trend as valid. So, the ETHUSD pair is in an uptrend channel since the beginning of January and it is trading within its boundaries for almost 4 weeks now. The $1,230...
Hi guys, The situation for LINK is pretty much the same as the one we just commented on in the ETH idea. An uptrend channel, which in the case of LINK is very close to being broken to the downside. If it doesn't hold up, I will be looking at the zone around $20. I drew two possible scenarios this morning and by the looks of it, we are taking the "longer" one,...
Technical analysis regarding the price of BITCOIN in relation of dollar for the next scenarios, based on 4h movement. The price I have been walking effecting its downward corrections. The price found a strong support region at 29K697, touched and is already retracting. Projecting the Chypher correction, we obtain the level of 1,188 that the price made. In such a...
Hi guys, SNX is one of the best coins to trade recently, posting some serious gains. It is now flirting with the lower boundary of the uptrend channel on the 4-h chart. It is a good opportunity to add some coins to the positions. Targets in green Resistance in red Stop at the 50-day EMA Regards
When you are trying to determinate whether a market is trending or not, you have to use bigger time frames such the 4H, the daily or the weekly time frame. Lower time frame might trick you when it comes to determine the market structure