The price for ARI is moving in an ascending channel on the weekly and daily timeframe. The share price is now at the top of the ascending channel, which represents a critical resistance level. If prices find support at the 17 000 psychological level or the inner trendline, then we can expect prices to continue further with the bullish move. However, if prices...
Price is currently moving downwards, making a series of impulses, corrections and continuations. Therefore, bear flag patterns are written all over Gold's wall. I will expect to take a short position once prices breakout of the bear flag pattern and target the 1270 price level.
If prices can break below the 1280 level and push to the downside, it could be a good...
The general trend is up, however, prices seems to be correcting for a further possible downside continuation after some sell-off. For a long position, it would be prudent to wait for a retest of the channel resistance and then executing the buy trade.
The price for NIO could likely face resistance at the $5.00 price level, or even if it could go higher than this, it would likely face some strong resistance at the $5.90 area. The price has been moving in a downtrend, forming a series of bear flag patterns along the way. One the higher timeframes, the price broke out of a major range to the downside. This should...
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From a PA standpoint EUR/USD is looking bullish. Took our trendline yesterday along with 200-MA and OTE of previous leg-up while retesting our bullish OB.
Referring to the picture in the comments section; A pretty clean mirror.
As a target I'd make use of 1.137 as overall OTE and...
Due to work on our webshop and app we've been busy for the last two weeks.
Let's dive into it. USD/JPY got a strong weekly close along with several decent daily closes above 111.892.
While taking out our 5th March high I'd make use of 112.929 as target. Upper-half of our bearish OB + 1.05 Fib-extension of bearish OB giving confluence here.
Stop-Loss below EQ...
As we can see, this pair is in a downtrend after forming a head and shoulders pattern, breaking that ascending trend line. We can also see a descending wedge, indicating a potential bullish outbreak. Price made a morning star candlestick reversal pattern at an area of demand. We could see a breakout to the upside, a rejection from the .618 + area of supply, and a...
Look at these trend lines.
The stock value of the apple has grown exponentially within a certain trend.
Looking at these trends, we can say that currently buying apple stocks has a moderate risk.
In order to reduce the risk, it is better to wait between 150 and 180 for the purchase levels.
US30 is always an interesting chart for me to analyse.
we have a ABC directional trend in the red arrows showing us that we could see price reaching a monthly high.
my main focus right now is seeing if price respects the down diagonal parallel channel, if this is the case then we can enter short term buys & Sells from a intraday perspective.
with the sentiment...
Although there will be a counter move somewhere/some time against this recent push up, I'm more willing to be a buyer on weakness into the GREEN zone shown -- just as long as price doesn't cross over 7650/7700 beforehand. Should that happen, then retrace entries get tricky for me.
Overall, I still expect price to move up to First Target (7650), Second Target...
Good Afternoon everyone,
I've been using a couple of indicators for a while now and I decided that from the graph here that if Walmart Breaks out towards the top it seems like it will run to the top and test new areas.(monday)
Of course TA isnt the only thing that affects the stock, news to horoscopes can affect the market. Remember to just do your own research...
Dear Traders all around the world!
Today we're taking a look at the US30 Wall Street Index. Parallel you can use this analysis as confluence for a SPX Short. If you like my work make sure to hit that like & follow button!
Price is currently approaching EQ of our bearish breaker along with daily-RSI approaching trendline-resistance too. Volume is decreasing...
After reaching the targets ADA needs a cool off and retracement.
It can reach the
Targets but i expect a nice and deep retrace after hitting the targets.
The overall market is bearish so soon or late we will see ADA downfall.