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Falsebreakout

BMA Technical Analysis 🧙Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. The firm generates most of its revenue from Argentina. If you understand the idea,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
NYSE:BMALong
by unfair_advantage
NVDA, false break-down & catalystNVDA tested the support line, made a false breakdown. In addition, news that NVDA got picked by NIO for its self-driving solution. We are after a period of balance. All of this supports that a strong move up is possible. Also, this pattern is very similar to AMD, before it made its huge move up... Stop loss @ 504.96 if it gets there, there is a strong possibility that the false break-down was a CRACK, and the stock will make a large correction.
NASDAQ:NVDALong
by ZoharCho
2
CALA Calithera Biosciences Inc is a clinical-stage pharmaceutical company. The business activity of the firm is functioned through the region of US. It focuses on discovering and developing small molecule drugs directed against tumor and immune cell targets that control key metabolic pathways in the tumor microenvironment. Its lead product candidate is CB-839, an inhibitor of glutaminase for the treatment of solid tumors. Its other product candidate, CB-1158, is being developed for hematology and oncology indications. If you understand the idea,🎯 press a thumb up! 👍👍👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
CLong
by unfair_advantage
EURJPY continues the rangeEURJPY continues the range Since the beginning of December, EURJPY has entered a sideways movement and is moving in the range of 100 pips. A few days ago we saw a break, but very quickly the price came back. The direction will become clear only after a definite break and test, but for those who are looking for an earlier entry and a much better risk-return ratio, the entry may be soon. We are watching for a false break of the support, which will allow us to enter in order to: 127.18 127.66 128.10 If you have questions about how to trade this or another situation, contact us! To support us, like and comment! HAPPY HOLIDAYS!
Long
by ForexTrendline
EURCAD on a retracement move 🦐EURCAD on the 4h chart attempted to break the 1.54500 resistance area without success, The price from there got rejected and now testing a resistance structure. IF the market will break above we can set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together.
Long
by InkyGrip
6
Bitcoin Decision Time/AreaI think Bitcoin ( BTC ) is in an important time and area of decision making. In my previous ideas, I wrote to you about 18300 - 18400 that it is an area that if it is broken the correction is started.. In this idea I want to talk to you about how we call a price area, BROKEN?? Support and resistance areas that are strong and the price was above or below them for a long time, are hard to break. In most of occasions that I experienced, the first time that price can successfully break the area is not actually a breakout but it will be failure, but I can say that will happens 100%, it's just an experience.. Whenever we come this occasions, I believe there is a good solution that we can check other technical and fundamental indicators to make sure how the market is going to react.. The best solution in my opinion is that we should WAIT!!! Scenario 1: If this is a False Breakout, Bitcoin will keep on moving higher and there will be a good opportunity for us to make a long position around 18500 - 18600, and our first resistance area will be around 18900.. Scenario 2: If this is a True Breakout, Bitcoin will go downwards and there will be an awsome opportunity for us to make short position around 17550 17600 and our first support area will be on 17000 but I see much more deeper targets because if BTC go down this is a big correction a I told you in previous ideas.. I hope you enjoy this idea, feel free to ask me any question about it or tell me about your idea..
by ArshiaZojaji
2