The AAPL market can still push higher; we're already in an uptrend, so we should be bullish; the price appears to be following channel rules; and it's now approaching an important support level, where a significant pullback might break the upper barrier and form an ABCD pattern.
Best of Luck Investors !
Due to the breakout of the main trend line and head and shoulders pattern, and the significant moving averages and clouds are bearish, and high negative volume in the breakout zone, the market appears to fall in the coming days.
Best of Luck Investors !
Following an uptrend, we have a shooting star pattern with high volume, indicating that bears are strongly rejecting the price in that area, implying that there is a strong resistance, as well as an end of the uptrend or a strong correction. Let's wait for the trendline breakout as confirmation for the entry.
Following the reversal of the uptrend and the breakout of EMA 200, the price has been falling in accordance with fibonacci levels and golden ratios, forming nice chart patterns (corrections and impulses in the form of wedges), and now the price is facing a strong support, which could result in a strong downwards impulse if it is broken.
Good Luck Investors !
We are in a bearish trend, so we must think bearishly. We have a pullback, which would be a strong support zone, and another pullback on the golden ratio of fibonacci levels. Now, after the breakout of the Direction moving average indicator with strong volume + Golden ratio + RSI moving average breakout heading down to the oversold area, and the strong bearish...
On the 4h frame, we can see that the chart is bouncing inside an uptrend channel, and that it has now reached the high low (downtrend) of the channel, with a bullish harami pattern showing a reversal, and intersects with the golden ratio of fibonacci levels, which is 61.80 percent, and the majority of volumes are accumulated in this area, so it represents a strong...
Let's take a look at ZN1 from a broad perspective! , based on thecnichal analysis, the price appears to be breaking the uptrend channel with high bearish volume after bouncing into it for years, and the EMAs indicators are indicating that the chart is controlled by bears due to their breakouts, and now it's facing a strong support which is located in the trend...
The price is still in a bullish zone, making a head and shoulders pattern; if it breaks the trend line and 200 EMA , we may see a trend reversal! Wait for confirmations and follow the SL/TP for entrance. BEST OF LUCK!
1 - Wedge Pattern
2 - Resistance Pullback
3 - EMA Ribbon Breakout
4 - Fibonacci Pullback on 61.80% Golden Ratio
5 - RSI Strong MA Breakout
6 - Trendline Pullback
- Please respect the entry and TP/SL
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After a long downtrend, we had a trend breakout and volume accumulation forming a wedge pattern, the volume is bullish and RSI is above 50%, it seems more bullish ! Goodluck everyone, please respect the entry and stoploss !
The price has been bouncing inside a channel for the past few days (little up and down movements), but now we have a wedge pattern with solid weekly support, and the price has reached the lower bollinger band, indicating that an upwards rise is the most likely possibility. Goodluck.
On the hourly time frame, the chart has been bouncing inside a channel, and it appears that it is attempting to break out due to details we notice on the 15min chart: the descending wedge and flag channel indicate that we are in an uptrend, plus the bullish volume , and volume accumulation in the channel rotation; wait for the breakout as confirmation. Goodluck.
After an uptrend, we have a price correction creating a descending wedge, which is a nice bullish signal, as well as a pullback on the trend line and VWAP. Watch for the breakout of the descending wedge and support for further confirmations.