I see a good chase to long here based just on TA, so dont take as investment advice.
- OMXH25 has broken out of a falling wedge
- It has broken out of the channel
- While breaking out of the channel it formed a bull flag
- MACD Bullish div supports further growth
2017 also saw a drop, but instead of a falling wedge it was a megaphone pattern with bull div and a...
We can see Ethereum still in downtrend, but with a glimpse of hope for breaking up. Upper band has been tested twice and price has not fallen far from the upper band suggesting a third test, thus also forming a flag. The third test if succeed could validate the cup&handle setting target 80 pips higher from current levels, 180 acting as resistance, 200 as...
... Before finding a convincing bottom.
Listed Spain, Fance, Germany, Denmark, Sweden and Finland divided by 6 and by euro index.
Not trading advice, just an idea to see new points of view to the situation.
Not advice. Just an observation. MACD keeps making higher lows, price making lower lows. I would say longing OMXS30 soon for easy 50-60 pips would be a safe bet. Take partial profit and wait for either rejection or confirmation before further sales. Keep in mind a similar fake-out could happen as dec 3rd.
Not advice. Just an idea based on patterns and divergences.
As seen, we're still in down trend. We have witnessed however two close bottoms oct 22 and dec 10. We are also within a demand zone, so keep an eye for 9100 and 9200. If we fall with the rest of the world, keep eye for slightly over 8200's and next 7700's.
Not advice or anything, just an idea. Keep an open mind .
Just a possibility based on fractals, and fractals alone on this analysis.
-If we bounce on weekly from current levels, there is a chanse we're repeating the fractal.
If you want news on why this would be the bottom or why this wouldnt be the bottom there are plenty of sources in other analisis out there as well as great news on for and against.
Company in bad finance for a couple of years. Seems to be soon at it's last legs.
Common pattern: Company stock drops to downtrend channel and bounces in average 26% up from there to commence yet another new drop to the abyss (average drops +-28-33%).
It's a risky stock, but if charts are true, when oversold hits and price touches downtrend channel there is a...
Bottoms show a resistance (blue, striped line).
Red shows a bearish triangle forming. If coming true, target would be around 840-850 around the year 2020/21.
Pink show's bearish target.
Current uptrend (monthly) shown with Inside Pitchfork (started in beginning of 2009). There is also a chance we continue going up, but remember: What goes up also comes down....
Seems like in our current state Nokia is preparing for another touch of the upper line of the triangle.
This seems to be further supported by Hull Macd. If volume is weak we will move sideways and eventually test the lower border of the triangle.
Depending on the Q4 of the company we will either break up or down from the triangle. This will trigger hold or sell...
Renko Sniper with Trend bar colours and flintlockwood's identified bar patterns.
Credits for Renko Sniper go to VDUB, Chart patterns identified go to flintlockwood and trend bars to me.
Works like a charm with Hull MACD EFI (by Tom1Trader) and CM_Ult_RSI.
Free, but invite only so PM me.