Target for this advanced breakout on PLTR!Hello Tradingview community! We have a strong divergence on PLTR, and an Advanced Breakout on the RSI. I did an educational post about advanced breakouts and how to trade them, I recommend the reading! ;)
Now PLTR is in an extremely oversold area, and it will likely do a rally next.
In the 4-hour chart we have a good looking hammer, and a rally to one of the fibo retracements is very likely, given the RSI divergence + advanced breakout in the 30 minutes chart, and this hammer in the 4-hour chart. The $ 22.41 is a good exit point.
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See you soon,
Melissa.
Candlestick analysis
Where should I buy Doge Coin?Well, I've seen a growing interest in this coin and you might be interested in what is a good price to buy?
With limited data on this feed, the price that's good to consider to buy is within the blue box.
You have to ask yourself if you are trading and earning the difference or buying the coin and keep(no fluctuation risk)
Make your own decision, you may use this as a reference but don't follow blindly.
AUDUSD - Bullish Gartley on FlagWell, the bearish shark pattern has not even touched its Target1, most of the time when this happens the shark pattern is not going to payout.
If you look closely there's a bullish flag pattern and there are multiple tests on the base flag and coincidently I have a bullish Gartley pattern form and completes at the base flag, the only thing about this Gartley Pattern is that Point C went higher than Point A, check that on your live account on your 4-hourly chart to see if it's true, even if that's the case, you still have a bullish flag to support you if you plan for a buying opportunity.
Trading idea on ZM - Good risk/reward ratio!Hello dear community! This is my first post here, so, I hope you like it 😊
I want to share with you a trading idea on ZM 🚀:
Buy point: 314.58
Stop-loss: 311.79
Exit point: 325.48
Risk/Reward ratio: 3.91
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
What is the decision of the dollar?Hello
I hope you are well
This analysis is done on a daily basis and has long-term goals.
We are currently on an uptrend and the trend has not changed yet. The price formed a meaningful Candle pattern after hitting the daily resistance line and did not reach 1.2175 and gives us a signal to start falling. Our impression of the chart is that the price is going to go down and probably its first target is 1.1800. If the price breaks its Candle pattern and crosses the support level of 1.2175, we can think of buying trades. Chart signals are currently descending.
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GBPUSD-Weekly Market Analysis-May21,Wk1GBPUSD is still on the bullish trend, trend traders can wait for a candle confirmation at 1.3777 for a buying opportunity on the Bullish Gartley Pattern. Gartley Pattern as a Harmonic Pattern usually forms a V-Bottom and it leaves the conservative traders out of action for most of the time.
EURUSD-Weekly Market Analysis-May21,Wk1On the 4-hourly and 1-hourly chart, EURUSD is still on its bullish trend, ticky part of this harmonic patterns is that it forms outside on the buy zone but yet even if it closes outside of the buy zone it is still a bullish trend. This is because, for this Shark Pattern, Point X happens to have a long shadow to invalid the buy zone, the candle has to break and close below X, it will be better for the candle to close at 1.2000 this will attract the price action trader to hop it for the trade and it will push the bullish shark pattern traders to its desired outcome faster.
BTC EXPOSEDHello traders,
this beautiful trend shows a very aggressive bull run towards the million Dollar.
Will take some time but will go there.
Now for who is looking short term... this bull run before the heavy correction is on the way to 200000 USD.
Right now the RSI is to high and we have a bad monthly close candle.
Waiting for the opening of the next candle to open a position, for now I am bearish till 42000 USD level.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
EURAUD going short overall downtrendEURAUD has been a long term downtrend( trade with the trend)
i've seen a breakout of trend and it touch my daily resitance zone therefore we are looking for sell Opportunities
2.5 risk/reward
I explain my reason why I took this trade, this is my analysis so take it with precautions
April 27 2021
$SLRX Target PTs 2.50-3.50Salarius Pharmaceuticals, Inc., a clinical-stage biotechnology company, focuses on developing epigenetic-based cancer treatments. The company's lead candidate is Seclidemstat (SP-2577), which is in Phase I/II clinical trial for the treatment of advanced solid tumors, including prostate, breast, and ovarian cancers, as well as Ewing sarcoma. It has a strategic partnership with The University of Utah Research Foundation for the exclusive license with respect to patent rights protecting SP-2577 and related compounds; HLB Life Sciences to develop, produce, manufacture, use, and sell the drug in South Korea; and Cancer Prevention and Research Institute of Texas for product development activities. Salarius Pharmaceuticals, Inc. is headquartered in Houston, Texas.
$NIO PT 74-100$NIO recycles EV Batteries, expanding to US as well...
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in Mainland China, Hong Kong, the United States, the United Kingdom, and Germany. The company offers five, six, and seven-seater electric SUVs, as well as smart electric sedans. It is also involved in the provision of energy and service packages to its users; marketing, design, and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. In addition, the company offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Public Charger, a public fast charging solution; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service, where it offers vehicle pick up, charging, and return services. Further, it provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; courtesy car services; and roadside assistance, as well as data packages; and auto financing services. Additionally, the company offers NIO Certified, an used vehicle inspection, evaluation, acquisition, and sales service. NIO Inc. has a strategic collaboration with Mobileye N.V. for the development of automated and autonomous vehicles for consumer markets. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was founded in 2014 and is headquartered in Shanghai, China.
finance.yahoo.com
Candlestick formation contextIn using trading concepts like Candlestick formations it is very important to look at the context and not just blindly go short or long as these get printed on the chart. In this example, I am looking at a weekly candlestick formation spinning top on EUR JPY. Spinning tops or bottoms are labeled as indecision patterns or reversal patterns. In this video I am going through the importance of context when looking at candlestick formations.
SNDL: There's no hope for SNDL? Maybe there is.Hello traders and investors! Let’s see how SNDL is doing today!
The support level at $ 0.95 didn’t hold the price at the first moment, but SNDL is trying to do a nice reaction right now. For the first time in more than one month, we have a clearly higher low in the 1h chart.
This means that if SNDL breaks the $ 0.95 again and triggers the pivot point at the black line at $ 1.03 , it’ll trigger a reversal pattern that could make SNDL fly again. This pivot point is so important because it can reverse the bear trend in the daily chart as well:
Finally, the volume is increasing again, which is something we needed for a long time. We talked about how the volume must increase for SNDL to start a new movement in our last analysis, and if you missed it, the link is below as usual.
Now the volume is increasing, which is good, but today’s candlestick pattern is quite frustrating, right? Yes, but the pivot point at $ 1.03 is the most important key point for the short-term, and regardless of how the candlestick looks at the end of the day, it won’t change this key point.
If SNDL is serious about reversing the bear trend, it must do a very strong bullish structure, and these things take some time, so, let’s calmly wait for more clues in the next few days.
And if you liked this analysis, remember to follow me to keep in touch with my daily studies, and please, support this idea if it helped you!
Thank you very much!
AUDUSD DAILY CHART PRICE ACTION ANALYSISHello Traders, Hope you are well. Today I will talk about AUDUSD pair.
This pair creates an interesting candlestick pattern in daily chart. A sharp rejection from 0.7820 resistance zone. We can further price weakness of this pair. If price hold 0.7820 resistance we can see the price near 0.7560 support area. And if price break 0.7560 support then next destination will be 0.7310 support area.
Tell me what you think about this pair. Are you short or long on this pair? Or sitting on your hand. Share your opinion.
Thanks...!