The bearish breakouts from 11th June and 2nd August were filled before BTC continued further down. Two bullish breakouts from 5th and 8th of August are still unfilled and I'm expecting price to reach down at least to the one from 8th of August before we will either see a bullish rejection or price will continue to fall. If price breaks below the 50k level next...
🕳️ The Gap Dilemma: Price gaps occur when there's a notable difference between the closing price of one trading period and the opening price of the next, often seen on the charts as a "hole" in price action. 🔍 Gap Filling: Traditional market wisdom suggests that gaps tend to get filled, meaning that the price revisits the gap area and trades within it. In...
Cadchf short idea! 200ma is capping the price,there is a huge imbalance created friday that needs to be filled. Use a proper money management. Drago Analysis
cipla is currently in accumulation zone and also cipla momentum go down as per my analysis if cipla break 670 or below 670rs if cipla close so cipla weak... keep in radar... cipla fill gape in future 429-470 gape
It looks like maybe NASDAQ:SNOA has taken a slide past the industry's watchful eye with this one being so oversold... It may be going under, but it's in California, and Arnold likes those kinds of things. I think this stock will try to regain some ground; mostly because of it's insider buys. Some parts of this trade are not for the faint of heart, but some...
EDIT: sorry if the on chart text is small - essentially from left to right the text boxes on the chart say, 1) observe the gap 2) We assume the spike down in Sep is anomalous 3) Downward price target of H&S is the distanceof the neckline to head 4) NEckline retest confirms the pattern People will laugh at you if you say $75 as a price target for AAPL. But there...
Possible 123 trend reversal + possible inverse shoulder-head-shoulder formation => Entry @62.81 (123 trend reversal) and/or @ neckline of inverse shoulder-head-shoulder formation Possible taget values: filling of open gap @65.43 and target value coming from (possible) inverse shoulder-head-shoulder @ around 70.00 Possible stop @ around 60.00 (support by EMA20,...