On the hourly chart, looking for a bullish pullback at/near the rising hourly 21ema. Looking for a sideways consolidation to go sideways until the 21ema catches up. The green line inside of the consolidation is Tuesday's closing price. Stop will be 75 ticks and Target is up there around 200 ticks
In week Chart, K2 close upon the neck line of a potential bullish head-shoulder pattern. The supply or demand pressure keeps at high level. The larger scale horizontal trend still has its power to pull back the price. If the high supply pressure candle K1 want to reverse the bullish market, K2 must close below the support immediately. It seems that the...
I am seeing 2 possibilities... One is that a rising zigzag has been completed and its correction appears. The other is 1-2-1-2 scenario.
Short Term Elliott Wave view on FTSE suggests that rally from 8.18.2023 low is unfolding as a 5 waves impulse. Up from 8.18.2023 low, wave 1 ended at 7745.82 and pullback in wave 2 ended at 7279.86. Up from there, wave ((i)) ended at 7764.37 and wave ((ii)) pullback ended at 7404.08. The Index then extended higher in wave ((iii)) towards 8015.63 as the 1 hour...
There is a possibility of further upside. It will break through the highs upward.
I see the possibility of a five-wave drop. It's going to break down the low.
ABC looks likely to fall. It's a flat pattern. It will continue its downward trend.
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
Nice to meet you. SEOVERIGN - This is SeoVerign. It is seen as an attractive position for POSCO Holdings to buy. It's based on ELLIOTT WAVE and trend lines and various technical theories. If it goes as I think, I'll solve it and explain it step by step. Investment volume, risk management, and investment decisions are your own, so please use them for reference. I...
The price action is bullish. There is bearish action that has not ended yet
Hello Friends, today is created Green Wave 4 and we in the way to Green Wave 5 as we expected in the morning previous post. this Green Wave 5 is very boring to reach for its target and I was waiting to end, let's finish while I am sleeping ^_^ {Just put Stop Loss} So The target is 67700 as you can see but take care of the 67400 level, it is famous for ending...
The Gold chart is currently trending upwards, with a strong support zone between $2,300 and $2,980. Our last target for this trend is in the range of $2,550 to $2,570. While there have been several smaller waves within this uptrend, I am waiting for the price to reach the final target before considering a long position. My entry for a long position in gold is at...
What happened in last 24 Hours: 1. Strong US earnings data pushes the USA Indices higher (more than 1%). 2. India VIX crashes nearly 20% in a single day, indicating stability and reduced volatility (as of now) 3. India’s Composite Flash PMI for April indicates stronger economy. 4. IMF expects India to become 4th Largest economy by 2025. 5. FIIs+DIIs are not...
Now Time of #AltCoins 🔥 . . . . . . Link to related ideas
On a 1month chart, longer time frame.. Looks to be overbought.. We are too far away from the moving average and a small correction is due down to around 47k.. It looks also like the last wave is completed?? As of now bitcoin Cash has already confimed to me of a possible down move on the 15mins and testing the 30mins support.. But if both these timeframes agrees...