SLB monthly - EDUCATIONAL only - Support, Resistance, Confluence, Fibonacci, Pitchfork - PRICE in a STRONG RESISTANCE area
Gold is rising and so also JNUG the triple-leveraged junior miner ETF which has components of miners that have the most to benefit from rising. On the daily chart, price dropped from a winter pivot high with a head and shoulders pattern into a trend down with a bounce off the lows in early March followed by a YTD pivot high in mid April followed by a trend...
We are looking at a conflunce of Events at area marked A: 1. EMA channel still holding Trend 2.Trendline Bounce 3. Support Turned to Resistance 4. Whole Number 5. And possible Dumping/Stop hunts earlier in the week when price moved fast to that zone stopping al those who took Short position early.
A monthly 50% retracement has been acquired as delineated by the Weekly swing low. (Please go back and check your charts for this). My long-term bias is now long. I am now looking for a retracement below the 50% level to a draw on liquidity, which may be the Daily Void area and/or the previous swing high before the run up to recent 4H highs. I do not see price...
OANDA:NAS100USD NAS100 broke resistance, waiting for a retest to continue bullish trend this week
the price had a breakout from the daily dynamic resistance and static one on 1.2$ and hot the market is testing the 1.4$ daily resistance. On the 4h timeframe, the price is creating an ascending channel and got the first rejection from the supply zone on 1.475$ How to approach? If the price is going to have the breakout from the 1.4$ confluence zone, we could...
ATOM Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channels, Confluences, Fibonacci Extension - Hope it Helps, Good Luck
FOSL Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channels, Confluences - Hope it Helps, Good Luck
The pair is trading in a bearish channel, price is touching the resistance trendline for the third time, a smaller trendline (in green) has been broken last week and this is a classic sell scenario, we have two important support zones as highlithed in the chart above, the first one is also a confluence with the 38.2% retracement of Fibonacci, and the second one...
AGNC Weekly - EDUCATIONAL only - Support, Resistance, Trend Lines , Confluences, Fibonacci Retracement, Parallel Channel, Energy Coil - Hope it Helps, Good Luck
AT&T Monthly - EDUCATIONAL only - Support, Resistance, Trend Lines, Parallel Chanels, Confluences - Hope it Helps, Good Luck
M - weekly - EDUCATIONAL only - Support, Resistance, Confluence, Pitchfork
Hi ! Above is my view for TUP, for long term strategy. I hope you use it. Good luck !
It's been a long time waiting on this trade but soon SNX will be pulling back to the .886 which is confluent with what is some sorta huge Bullish Bat/Bullish Gartley Hybrid and a smaller Bullish Shark. It would be nice if we hit the PCZ then break the trendline of our Bullish Dragon. We have room to go up 300% upon breaking the trendline of our Bullish Dragon.
Price is moving sideways in the lower time frames. The higher time frames will keep saying it all. Once i confirm Divergence in M15, i will send out the possible buy signal in my next post here. I appreciate the love so many of you show towards this channel, and to as many that keeps supporting us, i say a big 'thank you' !.
You can either shift your stop loss into profit to break even or you can secure some profits by closing some trades.
The price of BTCUSD is heading to the oversold region after leaving the overbought region. Trading should be systematic, leave emotions out of it, you can leave just a little amount so support logic. Confluences to look out for: 1. Hitting that support right there. 2. Price hitting the oversold levels in the RSI 3. Price action to support divergence 4. The W...
Hey traders! Good confluences for moving the price DOWNWARD after some days!