Gilead Sciences, Inc. is testing the resistance to begin completion of this longer-term bottoming formation. The W bottom formation has tiers of resistance to overcome. Hybrid Leading Indicators show strengthening pattern.
Having to have a clean break of the symmetrical triangle bullish continuation pattern, it is now at a retest which is confluence with possible inverted HNS pattern. With previous bullish impulse, it is expected that the price will reach to 150.281.
Market is trading inside a falling parallel channel. 110.9 structure support is the first level to be focused on. We can anticipate a minor pullback to channel's resistance line or even bullish breakout! 110.5 is our second support. 111.4 is the first decent resistance.
potential bearish cypher pattern on a daily time frame. entry is around 1.325 target 1 - 1.31 target 2 - 1.30 stop above 1.34
You can check my profile for the diamond pattern on Month Chart.
Support and resistance are clearly defined. Fibonacci indicates strong resistance at level 0.618. on the 45-Min Timeframe. Waiting to see what candlestick shows next. Question: Would this be considered a double top? Key Points: - Support and Resistance - Fibonacci indicator - Down Trend
two potential harmonic gartley patterns on gold.
after bears almost reached 1.11 level we see a pullback. the safest place to catch the trend continuation trend is the resistance line of the falling channel. looking left it matches perfectly with horizontal structure resistance. you selling area is around 1.125
almost completed bearish bat pattern. Entry - 1.3325 T1 - 1.315 T2 - 1.305 Stop - 1.345
Playing devils advocate. I said if BTCUSD broke through the downtrend channel from the 20k all time high. My views will change. This channel is lasting about 70 weeks. The next steps for Bitcoin seem to be testing the upper limit of this well established downtrend channel. More info on this trend channel can be found on my charts HERE and HERE . The...
seems btc/usd keep resilient and get a support from 20 EMA as a trajectory after fall from recent rising wedge pattern. indicators giving a slight shift into buy trend though keep in mind the volume is not so convincing as it's will start a rally, yet. in order the rally will continue, volume plays an important part as to avoid a clear divergence between price...
market is trading inside the expanding wedge pattern. now it is testing its horizontal support. T1 - 0.706 T2 - 0.707
confirmed bullish breakout of a falling channel with the subsequent retest of it. next resistance levels are 1.295 1.30 market has a very good potential of reaching these levels. For special offers, please, check my signature!
RocketMan back it again live from the Moon! Catching a glimpse of Haterville and its inhabitants. We love our haters! Now, lets get to it. Receiving a strong signal from the EUR/USD. The T signal is testing resistance strength at the 23.6% support line. Don't mind the small decrease in volume, this is normal on the 10 yr chart, which shows an increase in mid-2014,...
EURJPY on focus. 124.8 - 124.9 is your first area to short the market. looking left we have a significant structure resistance + completion point of a harmonic abcd pattern lies in this area.
You can check my profile for more triangles and analysis on EUR/USD
the market has reached 0.667 structure resistance overbought rsi and rejection candle indicate rising bearish pressure. market also is breaking the rising channel. I anticipate bearish impulse to 0.663 and 0.660 levels