I need to see sellers to test that V Formation in a strugling fashion.... When I see a Range is buying time!
Necesto ver que el test de esa formación en V sea con dificultad de los vendedores y ver una conslidación para comprar
This is going down, it is at an important level of resistance It will need to refresh to retest it or break it. Will look for a Buy arround the 142 ish area when I see that it is rolling over.
Sell @ 150.26
REBUY @ 142 ish
TP at least 149.5
CEMEX/CPO - Buying Opportunity.
TF analysis: 4H.
According to technical analysis, we can observe that we are in an uptrend channel, in which the price is gaining greater inclination by making higher lows. The projection of the possible upward movement is located up to the upper end of the channel.
price SEEMED to have made a head and shoulders pattern where the right shoulder also SEEMED to have made a bearish flag pattern.
This is ONLY a VERY BASIC technical analysis, there is no study of fundamentals of the company.
When visualizing the market and conducting technical analysis, it is crucial to interpret different timeframes.
Multi-timeframe analysis can enhance the probability of success in our trading by utilizing support and resistance levels from higher timeframes than our base timeframe.
It is also useful for identifying candlestick patterns in other timeframes and...
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
The recent logo change following Elon Musk 's acquisition of Twitter has definitely affected the price of both Twitter and Dogecoin. But...
On April 25, 2022, Elon Musk bought Twitter for an incredible 43 million dollars. Musk immediately promised to make Twitter better for humanity and has already managed to do a lot. How did Ilon's actions affect and what to expect in the future? Let's try to figure it out.
Buying Twitter is a grand bargain, but the impact of Twitter on people is even grander. Musk...
I just checked in a long timestamp and found that bullish channel has been broken, also right now I saw wave B is ongoing which makes confluence with H-C-H pattern and bearish Edge pattern too. We can see squeeze momentum is also ready for this bearish trend and CRSI is pointing too.