Norfolk Southern Corp. operates more than 19,000 miles of rail road in the U.S. With a #2 ranking in the IBD Group Leadership and a RS line rating of 84, NSC is close of making an ATH. This is a sign of very good technicals. On the fundamental side, it had a revenues increas of 15% to $8.29B for the nine months ended 30 September 2021. Also, for the last 3...
As we can see, GJ has been consolidating price for a while on the hourly time frame. We had price break structure creating a lower low, but price then used this as structure to continue on a bullish uptrend, thus breaking the change of turning into a downwards trend. If the hourly candle closes bullish outside of this range, would expect to see price retest...
✅AUD_USD is trading in an downtrend And now we are seeing a breakout From the bearish wedge pattern So after the retest I am expecting A bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅USD_CAD is trading in a head and shoulders pattern And the pair is finalizing the last leg of the right shoulder Which makes me bearish and IF we see a bearish breakout We can go short on the pullback SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Rectangles can extend for a few weeks or many months, and provide great trade opportunities every time the stock touches the top or bottom of the rectangle, until it finally breaks to the upside or downside. TRV has been trading in a range (146.75 / 162.77) since February, forming a rectangle pattern. Generally, the longer the pattern, the more significant...
#ALGO/USDT Bull Flag Update:- $ALGO bullish flag in HTF 3D chart. We can see last Drop till $1.20 So this is Accumulation zone. Entry:- $1.20-$1.45 Targets:- $2/$5 I am expecting $5 if break out Bull flag resistance.
Hello traders! In my previous post, i analyzed a reversal point at 41000 and I was expecting a reversal exactly from there and it happened. The market moved back exactly from 41000 and we saw retracement of 4.5% but it's sad that market is continuing its fall and it broke the TR point. The new reversal point is 38595.10 and I am expecting at least 15-20% rise...
Divergence & break out opportunity in this stock, potential to give good break out opportunity.
I've been watching this pair for quite some time now. After seeing it fail to push to a new higher high, this pair became a range play. As it breaches my lower boundary at 1.0604, I am expecting the downside momentum to pick up. Of course, this is provided that price does not make another attempt to trade above this level.
For this analysis we are looking at the daily timeframe. NFLX is in a nice uptrend, but currently we are seeing a retracement, which is the chance to buy a nice stock at a smaller price. Netflix recently broke the upper resistance of an ascending triangle formation, which is a bullish sign. The break was followed by a fastly reached ATH from which the price...
TVC:DXY I am watching the US Dollar index closely as we have seen it stuck in a range for a while now. One thing I like to do when watching for ranges is, looking for a liquidity grab (false move) in either direction before the real move. So if I see the US Dollar wanting to push down, I would love to see the highs taken out before we do so. Same thing if I see...
#Bitcoin LTF update:- $BTC trading at $42500 Now Trading at Resistance in LTF. So as Per chart:- - Break $43600 then bullish In LTF and Target would be $46000 - If Rejected then We can see BTC test $40000 support. - Never Open any trade Without Confirmations. - If break $40k support then Ready to $29000 support. - IMO we can see BTC price $52000 within Few weeks.
LINKUSDT price Analysis: This pair has performed better in the current market situation. Price jumped up aggressively when there is any downside activity and bulls feel this an opportunity to hold their momentum. So we are expecting any corrective move to the upside by BTC will definitely help link price to grow further towards 30.00 level again. Good Luck!
NSE:VERTOZ broke out from base after a sharp downtrend. Price jumped above the 30 week EMA, breaking out of a head and shoulders pattern. Could be a positional gem. Place a deep sl below 100. Enter at C.M.P and after retrace. Aim a minimum of 1:2 first and then trail stoploss. Judging by previous high, price could give 100% (1:4) in 3 months to 1 year time....
EURCHF price is trying to break the channel, There is also a breakout on a bigger timeframe. So we are expecting the bulls will try to fuel up their momentum and pull the price towards 1.0500. Good Luck!
Price had dump from our resistance zone as we said: Now it is near local support of 1790 and the first target reached so we can expect local rise here like a green arrow to 1810 at least or if this local support breaks more dump is expected like red arrows on the chart. DISCLAIMER: ((trade based on your own decision )) <>
H1 time frame. Structure: Downtrend. The Ascending channel retraces to the 50% Fibonacci zone of the previous downtrend and has a downward move to break the channel. Wait for the retest signal to confirm the downtrend is back, then you can find selling opportunities. Profit target is 1.26200 and 1.25300 price...
NSE:ADSL Broke out of a small flag pattern and has given good momentum post breakout. Price hit upper circuit of 10% today after 2 days of retracement. Enter if price opens gap up above day's high or breaks the day's high. Potential BTST trade as price can hit upper circuit again tomorrow. From price action view, price will move another 30 points towards 180...