NASDAQ:MSFT has fallen in 5 waved from the top made in July and in process of retracing that down-move in ABC. The fall from top could be either a larger degree wave 1 or wave A. In both cases, soon wave 3 or C down should start since the wave 2/B has completed 61.8% retracement which is at 436.73. Stock closed below that level yesterday which makes me wonder if...
Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! Understanding the Inverse Correlation As you correctly noted, Bitcoin (BTC) and the US Dollar Index (DXY) often exhibit an inverse relationship. When DXY weakens, BTC tends to appreciate, and vice versa. Analyzing Recent Trends DXY Breakdown: DXY is currently...
🔮 #NOT Analysis Pump & Dump 🌟🚀 There is a complete formation of Falling Wedge Pattern in #NOT. As we can see that there is a breakdown of the pattern in 12hr time frame. We can see a dump first in #NOT and then a reversal from its support zone.🚀🚀 🔖 Current Price: $0.00745 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according...
MCX:CRUDEOIL1! trade at 6200 level, Support is at 5850 Resistance is at 7050 Crude oil trade in a range since 3 years. Now it ready for give a breakout or breakdown...
I opened a short position today. It's is possible the price bounce up from the bottom of the flag, in that case I will add. SL triggers only if a daily candle breaks up the downtrend, a big fat green candle.
🔆 #TON Analysis : Breakdown 📊As we can see that #TON is following ascending channel on 4hr time frame. There is a breakdown in #TON and if it sustain this breakdown then we would see a dump first then a pump. ⁉️ What to do? - Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸 #TON #Cryptocurrency #ChartPattern #DYOR
🔮 #BTC Analysis 💰💰 🌟🚀 #BTC is trading in a Ascending Triangle Pattern in 4hr timeframe! And we can see a breakdown in #BTC. After a small fall we would see a reversal after few days. 🚀🚀 🔖 Current Price: $58100 ⏳ Target Price: $56450 #BTC #Cryptocurrency #DYOR
Divis lab at crucial levels. After Breakout, it has formed double top and has broken below imp levels. If breaks below 4600, 4400 is quite possible. below that 4000-3800 visible on chart.
Failed to break out and hold, became a deviation and we back in the multi year range. Think correction is nearly complete, we will test the 200 weekly ema and then I think we bounce from there. lets see what the reaction is like at that point.
tried to break resistance multiple times and failed. think we go lower to the support, fill those wicks and then make the next move. lets see where we get to.
Looks more like distribution rather than accumulation. Think we test 200 and if that doesn't hold its scary but we go test the weekly 200 ema wherever that might be post the breakdown.
Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market,...
SPY on a 30 minute chart shows a rising wedge over the past week. Price is now under a nearly flat upper trendline of resistance while the support trendline is rising. The dual TF RSI indicator shows strength about 70 while the zero lag MACD shows a K /D line cross. Because of this I believe, SPY may retrace to 468 or the level of the Fib 0.5. Since SPY is...
I hope this chart is better and readable. Excuse me for my last chart, u guys can still look it up and read my idea about NOT.
NOT shows a strong triple top pattern, waiting for confirmation breakdown then i expect NOT to go to the blue support line to follow its longer support line, see my other TA of “What will NOT do?”. What are your thoughts? This is no financial advice, always DYOR.
HS confirmed and price is testing the broken neck. Be careful, this one is very volatile. I have some puts expire by the end of the month, probably I should have given more time. SL if a weekly candle closes above 17.
81.40 below breakdown possible 80/76.50 can test trendline breakdown possible 21 ema below start trading fall will be sharp
JUN 2024 BANK NIFTY Sharap MOVE for ONE side DO NOT pridect THE FUTURE but FOLLOW trend PLZ DO NOT BLINDLY