TSLA - CHANNEL MOVEMNT BULLISH ON 4H NASDAQ:TSLA is underperforming in the past couple of months after the split, and clear channel movement formed. Test, brake, retested, short-term recovery in channel ranges. Pattern and channel trading is based on historical movements, and should not be taken as a "concrete" indicator for price projections or predictions.
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Channeltrend
GBPCHF I Bullish trend opportunityWelcome back! Let me know your thoughts in the comments!
**GBPCHF - Listen to video!
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GBPJPY I Local Intraday SHORT!Welcome back! Let me know your thoughts in the comments!
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Back to neutral, with a tighter squeeze now.I am still waiting for another long position since March when we were at 47.5k!
We are back in the neutral zone yet again with the bands constricting tighter around the center. The red resistance band up top is crashing down, while the support zone below DOUBLE bands. The support is looking stronger, and I am leaning towards long here, but not yet.
We are entering November, December which is usually Bear months. I still need more confirmation that the current price can push towards the resistance.
NVDA: Key Points to watch next week!• NVDA is going up sharply today, reinforcing the bullish sentiment on it;
• If you are afraid of a pullback, keep in mind the channel seen in the 1h chart – only if NVDA loses this channel downwards the bull trend will get weaker;
• This wouldn’t be a reversal sign though, as we would need to see a bearish structure for this, and so far, there’s not a single bearish sign around;
• In theory, NVDA is heading to fill the previous gap at $141.98, and in the lack of bearish signs, this is the most likely scenario;
• In addition, NDA is reversing the trend in the daily chart too, as it is trading consistently above the 21 ema. The only thing missing is a clear higher high/low to say that this is officially a bull trend.
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GBPUSD I It will fall from resistance Welcome back! Let me know your thoughts in the comments!
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This bottom is due to an obvious multiyear support...It is tricky to say if it is "THE" bottom.
And it is easy to imagine lower bottom, which would better suit to the actual bleak economy forecasts.
Btw I am not gonna take any decision based on these soles charts.
I need much more data...
It is an update of my last post:
The Future For Gold (XAUUSD) Here I've provided my prediction for the future of gold. I do believe the DXY will make a final rally to the upside, making contact with the most recent weekly resistance. Based off the fibs I predict price of XAUUSD to move to the upside next week, maybe even the following week. Hopefully giving us that sweet rejection off the 61.8 fib level. Once I get the break of my 50 EMA I will be entering for the sell and holding until the bottom of the channel we are currently in. Feel free to leave your thoughts and opinions in the comments. OANDA:XAUUSD
BSOFT is forming channel patternNSE:BSOFT small cap IT stock is forming channel pattern.
This stock is trading at 50% below its all time high, but producing good result, hence giving wonderful opportunity to take high returns when US market turns favorable.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
AMD - BULLISH SCENARIONASDAQ:AMD bouncing in trend channel on the weekly chart, the upcoming earnings report on November 1st, 2022 suggests short-term upward movement in the channel. Chip delivery times shrank by four days in September, the biggest drop in years, in a sign that the industry’s supply crunch is easing.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses
📉✌BTC 15Min long Position✌📈Hi traders,We're back!!!
Between NOW and the entry area, you can open a long position in two steps.
If the price rises and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5 are on the chart.
The optimum stop-loss is below the determined area.
!!! If the bottom of the channel got broken with a strong candle, find a suitable exit position as soon as the price returns to the range of the entry point !!!
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Charging up for $20?$BLNK seems to be in downtrend, and there is a high possibility of channel bounce as we have hit the channel boundary. Currently oversold as the market goes beyond the channel boundary.
Trade idea 💡
Entry: "Only" after stock goes back in the channel and confirms upward momentum ($16.25+)
Exit: Between $19-20 as market reaches channel boundary and resistance
Disclaimer: This is not financial advice. Please make your own decisions while making an investment.
Next move on SPXUnfortunately the market sentiment is very negative, SPX can break the down channel either down or up. Watch the VIX for more anticipation - it is nearing its 2SD where we could see some reactions as it acts as resistance. In case it goes up towards 45, we will see SPX dropping to 3200 area, in case VIX would cool down to its average values, there could be a 30 - 40 days rally..