Rising wedge just made its appearance after showing a divergence on the RSI. Good signs towards the bearish sentiment. My Positions Sell Stop : 146.04 Stop Loss : 146.57 TP1 : 145.5100 TP2 : 144.9800
#AECOM ( NYSE:ACM ) secures a lead role in the Lone Star Constructors joint venture for the I-35 Northeast Expansion South Project. With a projected profit growth of 74%, a bullish outlook is maintained for ACM, setting an entry target above $80.00-$81.00 and an upside target at $112.00-$113.00. #ACM #StockTrading
Gold will be up but limited, buying area 1985 - 1997, TP area 1998 - 2016 SL 1984
GBPUSD was trading in falling wedge. The price was reacting well the support and resistance of wedge and now has given the very healthy breakout .. Currently the price has given the breakout of falling wedge and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout...
Today, let's turn our attention to the Total3 chart (excluding BTC & ETH), where a compelling narrative unfolds. The chart currently finds itself in a precarious position, trading within the vicinity of a significant resistance zone. Caution is advised, as potential corrections may be on the horizon. Here's an in-depth analysis of the chart dynamics and what to...
It seems to me that we have an upward wedge and the situation is similar to that around November 2020. I'm speculating, this isn't analysis - it's just a feeling. We had accumulation at the levels of $16,000 - $24,000, re-accumulation at the levels of $24,000-$31,000. Now should be the time to grow. We are definitely in the zone between $48,000-$38,000. A break...
EURCAD reached an important confluence zone on Friday. The underlined blue area based on 618/50 retracements of the last 2 bullish impulses and a horizontal key support. As a bullish confirmation, the price broke a resistance line of a falling wedge pattern on an hourly time frame. We can expect a pullback now. Goals: 1.466 / 1.469 ❤️Please, support my...
GBPUSD The price is currently above support/resistance structure, and price is currently attempting to break above the falling wedge, If price manages to break above the trendline I expect the price to move higher... Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
Hello All, I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. Sorry, I was banned by the moderators for not following the house rules ... But here I am back again :-) If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only,...
Hello All, I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. Sorry, I was banned by the moderators for not following the house rules ... But here I am back again :-) If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only,...
Hello All, I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. Sorry, I was banned by the moderators for not following the house rules ... But here I am back again :-) Patanjali ready to FLY ... Forming Cup and Handle have charted down Patanjali Movement .... If you like my Idea, Don't forget to Boost...
DRD broke out of the broadening channel trapping many shorts, price rose sharply but then reversed sharply, classic action of price fueled by short covering. Now price presents with a failed daily cycle, the current uptrend can be expected to be halted at the resistance of the broadening wedge then turn down lower than recent lows to the median line of the...
I multiplied the less risky Dow and Spy while dividing it with a multiple of bio, the Russel and Ark. This shows a clear shooting star candle in development this month which should signal much greater future gains in higher risk stocks and an end to this pullback in the market. You can see that we had nice rallies the last two times that this has happened on...
The recent test of sub-$70 oil prices appears to have been met with significant buying interest, potentially setting the stage for a reversal back above the $77 mark. The presence of a long wick followed by an inside bar could signal further upward momentum. Bull Case: There's strong evidence of support, particularly from the buying activity observed a few days...
I think this is the most important macro trend to pay attention to in our economic history, I see many 1930 comparisons with 2023 saying we are at the "1931" collapse point but all economic data is pointing that we are most likely at the 1927-1928 stage and crazy enough when you compare the macro trends they make the same giant symmetrical wedge pattern. Now...
Logarithm. Time interval 3 days. Locally 1 day . Still, price is moving after the breakdown of the wedge (all the price drop in 10.5 months) in the area of the level 0.00008963. Percentages as before to key resistance levels, nothing has changed at the moment. Showed stop loss accumulation zones, this is very important to understand on such cryptocurrencies...
RSI + MACD divergence pointing to a potential bearish reversal, Rising wedge could be the confirmation of reversal or some small retracement.