The Chart shows Bullish Trend .But Divergence is also there and its also making continuous Falling wedge. So, the Trend will be Bearish. The Entry price Will be at 21.01 and the Stop Loss will be 23.72
Price holds in at pattern support after EMA divergence gets rejected. Further recovery is possible if we can maintain within pattern. Still be aware of the chance of correction and the assumed W1 3k close. www.tradingview.com
Key Zones Supply Zone (Resistance) represented by the Red Box. The price has shown a clear rejection in this zone multiple times, indicating strong selling pressure. Demand Zone (Support) represented by the Green Box. Historically, this zone has acted as a strong support, suggesting buying interest in this area. Patterns and Trendlines RSI (Relative Strength...
Markets close at weekly ATH. Commodities surging, URA, Gold, Silver, Copper, Nat Gas NVDA earnings on Wednesday.
A bearish flag is a chart pattern indicating the continuation of a downtrend. Here's a brief summary: 1. **Preceding Downtrend:** A significant initial decline in price forms the "flagpole." 2. **Consolidation Channel:** The price then consolidates within a parallel channel, forming the "flag," typically with decreasing volume. 3. **Breakdown:** The pattern is...
EURUSD made a good dip for a long (did not hit the buy level perfectly so it could be not a buy for you). Price action is bullish on daily and weekly for further upside this week. Possible dip, but overall looking at 1.0857 to hold for further upside to 1.0905 and 1.0929.
AMEX:SPY May 20, 2024 15 Minutes AMEX:SPY managed to hold 527.5 as marked in char with a rectangle box. AMEX:SPY making a series of LH, LL pattern. So considering the rise 527.33 to 529.5 must hold 527.5 528 levels for uptrend. And if we take that fall from 531.52 to 527.33 AMEX:SPY need to cross 530 for any longs as it it represents 61.8% of...
NASDAQ:TSLA has been in consolidation between $170~$175. Last Friday it managed to closed at $177 giving a signal that price is now in breakout. Macd at 0 signal to upside with RSI and William% pointing rising bullish divergence. The first target is $193 .
XAUUSD today price has reached a new high of 2440. If the price cannot break through this level, It is expected that in the short term there is a chance that the price will go down. Consider selling the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About DASH (Update) On The 12H Timeframe⏰ On The Verge Of Massive Breakout Formed Falling Wedge☑️ In Case Of Successful Breakout Expecting Massive Bullish Wave✍️
High RS on weekly/Monthly 123 shapper, TTM sqeeze BO with PP volume, cheat entry
AMEX:BITO is ready to continue to work towards the VWAP at 29.04. The MACD has crossed and the time frame continuity is strong. If it can breakthrough the VWAP of 29.04, it can make it's way into 31. The stop loss that is in place is at the 25.78 area. Bitcoin has been strong along with gold and silver making new highs. So, this one should continue to track...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About LINK (Update) The Descending Triangle Pattern Has Confirmed Breakout On 1D Timeframe☑️ Expecting Massive Bullish Wave In Few Weeks⚡️
Last week NEAR completed an inverted head and shoulder pattern. The breakout had good volume and over the weekend we have retested the pattern's neckline, confirming it as support. I anticipate price to begin moving up to the target area.
Using Fibs and other TA I believe gold is getting ready for another run up from ATH towards 2700 at least which is near the 2.618 fib .
Bitcoin on weekly TF formed Ascending Triangle and is struggling to break 14 years resistance zone and previous ATH, if the price of bitcoin breaks these zones and enters into long term curve than we will see bitcoin price discovery and new ATH. On Daily TF bitcoin formed big falling wedge well as inverse Head and Shoulders (Pattern within pattern) and the price...
On Friday - 17 may 2024, price tapped by in to the 1H orderblock at the 1.08357 price level. Structure on the same timeframe confirms bullish price action with the continuation of higher highs and higher lows. Further bullish price action is expected during the London session when volume returns to the market. At this point, we are expecting bullish order flow...
Falling wedge buy @ support . I am seeing strength in the juniors recently and is a sign that we are about to enter the "fun zone" . Sprott is a good bet here imo .