The Ebay share is currently experiencing a tug of war between bears and bulls. In our primary scenario, the bears should prevail and push the price to the green target zone between $37.48 and $29.58 as part of the green wave . Having placed the low, the price can then rise above the resistance at $52.23.
Hello Traders check the analysis for GBPAUD the GBPAUD is presenting a possible sell opportunity as we are currently observing a beautiful bearish Cypher pattern near the strong key market level of 1.8300. Additionally, we are at a strong supply zone where the market previously dropped 1000 points, indicating that this area may serve as a strong resistance to...
Rectangle Pattern Up Trend The price is constrained by support and resistance levels in the Rectangle pattern. This means observing the pattern on a chart, and traders need to look for a price between the two horizontal lines. The Rectangle marks several highs and lows. These highs and lows indicate a period of consolidation. Also, there is indecision in the...
Analysis on #USDCAD The market is inside a support zone \ demand zone right now which previously showed a strong buying desire Plan: >> If the market provided me a bullish confirmation on the 1-hour time frame I will then look to get in a buy entry with a good risk to read ratio >> If the market fails to provide me a confirmation for entry and continued...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, kind of wish I was into this stock. These are still a dime in a dozen that the market is so bullish these days. That being said, watch out if this explodes to the moon!