Adobe in a flag?Adobe - 30d expiry - We look to Buy at 328.71 (stop at 312.61)
Daily signals are mildly bullish.
Price action is forming a bullish flag which has a bias to break to the upside.
Trend line support is located at 327.
We look to buy dips.
We are trading at oversold extremes.
This stock has seen good sales growth.
50 1 day EMA is at 329.
Our profit targets will be 368.88 and 372.88
Resistance: 355.67 / 365.00 / 380.00
Support: 340.00 / 325.00 / 320.20
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
FLAG
Bull flag on SPX MonthlyMonthly SPX looking super bullish. A super bull flag has formed. I suspect either 2024 or even Q2/3 of 2023 could see a strong breakout of this flag's upward channel line.
Step 1 was to breach the downward trend line
Step 2. will be to do so convincingly
Note we do not expect a hard confident break of the downward trend line this month or jan-Mar.
I suspect we will see consolidation along the downward trend line before the bull is opened up.
BTCUSDT > Can We Close Above $18000 Soon!?Analysis of #BTCUSDT
Hi traders, today we will have a look at #BTCUSDT
Bitcoin recently tried to close above $18000 and failed, we can expect that the market will try again, but first, it may pull back to reload with more buyers and try again to close above $18000 which will be very positive for this market, and crypt market in general.
looking to the left side of the chart you can see we are trading inside the wick of a bearish candle, this is part of the reason why I think the market will all down first before it tries again to close above $18000, another reason why I don't think the market will take major move is that we have FED news today. but I do think after FED we might get back and try $18000,
I am interested to know what you think.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
btc analysis...hello guys...
actually I wanted to publish an analysis of btc these two days but my internet was soooooo bad and i lost that opportunety, otherwise it is not a strong analysis because this quasimodo pattern which btc formed is so weak.
I prefer do not get this position with my normal risk and split it two positions.
one position on qml that i shown in chart,
and one position for when price hunt las higher high and confirm hunting setup
so be aware on this situation my dear
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
HDFC BANK, GREAT FLAG PATTERN!!a great formation has been formed by hdfc stocks.
its a great bullish pattern, and as i have mentioned the waves, and the trend of waves, a long back in one of my idea(linked it below), the stock is following in the same way. it yet needs to go up by 10%, there is 3rd wave pending, and stock will go up soon.
but the risk part is that bank nifty, has been very overbought position, and it yet needs to be falled about 7%, i will bring a detailed analysis, in further coming ideas. but yet, this risked, is hedged, by the fall of SBI & ICICI banking stocks. this 2 very stocks had kept bank nifty at its ATH.
bank nifty will trade between the range of 43000-40000. its just that it needs to come to its major trend, since now it is in an overbought position.
yet this range will be maintained by great weighted bank nifty stocks, like hdfc bank, icici, kotak and sbi.
LAST POINT: have a look a volume bars too, for month, week and day time frames.
so i am bullish on hdfc bank as of now for this month.
(below i have just dropped some idea links related to banking sector for your own analysis).
NIO: You must be aware of this KEY POINT! [Trend Analysis].• NIO is still trapped inside a Bearish Flag chart pattern, which we already mentioned in my previous analysis (link below this post);
• In theory, this is a continuation pattern, and since the long-term bias is bearish, NIO would trigger it downwards and seek the next target around $5;
• What’s more, NIO is quite close to the 21 ema in the weekly chart, another resistance level, and doing a Hanging Man candlestick pattern (so far);
• However, in the daily chart, the trend is bullish now, as NIO is doing higher highs/lows and it is above the 21 ema (which is pointing upwards);
• If NIO triggers another bullish pivot point by breaking the $14 area, it will probably break this Flag upwards, and in this scenario, the next resistance around $21 becomes the target;
• Therefore, the $14 is the key point here. It all depends on how NIO will react near this price level. I’ll keep you updated on this.
Remember to follow me to keep in touch with my daily analyses!
AUDCHF Key level broken - SHORTWelcome back! Let me know your thoughts in the comments!
**AUDCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
BESI again in a bull flag.BE SEMICONDUCTOR INDUSTRIES - Intraday - We look to Buy a break of 64.52 (stop at 61.24)
Daily signals are bullish.
Our short term bias remains positive.
Price action is forming a bullish flag which has a bias to break to the upside.
64.38 has been pivotal.
A break of the recent high at 64.38 should result in a further move higher.
The primary trend remains bullish.
Our profit targets will be 72.42 and 74.42
Resistance: 63.00 / 64.50 / 66.00
Support: 60.00 / 57.50 / 55.50
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
AMD in a bear flag.Advanced Micro Devices - 30d expiry - We look to Sell a break of 55.48 (stop at 59.11)
Price action is forming a bearish flag which has a bias to break to the downside.
A break of the recent low at 57.17 should result in a further move lower.
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 46.46 and 43.46
Resistance: 64.00 / 69.00 / 78.00
Support: 57.20 / 54.60 / 50.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Channel continuation or Trading Range?Market's atmosphere is good and we can have more upward movements in coming days.
If it is fail , it is more likely to have some trading ranges after a little correction for a few days!
Strong Bearish Bo at current point will increase the chance of falling down!
Do not enter until it is completely clear for you!!
BULL FLAG IN MATIC !!Just I Saw a Bull Flag In the MATIC Coin, Which is a Continuation Pattern, the trend of MATIC is Bullish right now which means, if MATIC breaks the Flag's vertical Resistance it will pump very quickly.
Your TARGET should be at $0.9700 and your Stop loss should be at $0.8942, which is the flag's Bottom.
Thanks for reading carefully, please follow me and write your thoughts.
NIO: Trading around a CRITICAL RESISTANCE! What's next?• We see a Bearish Flag on NIO, however, this pattern wasn’t triggered yet (and we can’t tell if it’ll be triggered);
• As we discussed in our previous study, it did a bullish reaction just above the support, and it reacted just to hit our resistance, the upper line of this Flag. The link to my previous analysis in below this post, as usual;
• As we already mentioned, only if NIO breaks this upper line, it’ll completely frustrate this Flag, and it’ll reverse the bear trend;
• Either way, it is good to see it breaking the 21 ema with such strength. We don’t do that since September;
• Although NIO is trading near a critical resistance, there’s no top sign on it yet, indicating a pullback. If we see one, it might retest the 21 ema, or even the base-line again;
• The situation is critical (again), and the next movements will tell a lot about how NIO will perform in the next weeks, maybe months. I’ll keep you updated on this.
Remember to follow me to keep in touch with my daily analyses!
AUDJPY, Aussie to continue to growHi Traders,
Australian dollar is shaping up to continue its upside run as the current price action is looking bullish. Price failed to break the low of Oct 16th and instead is climbing higher towards the upper boundary of a flag pattern which I'm looking for a clean impulse breakout followed by a LTF correction to confirm a buy opportunity.
Trade Safe
Thanks
two positions for BTCUSDT ... check ithello guys...
let's check what happen to BTC
firstly formed a three-drive pattern and break out its ascending trendline...
secondly made a consolidation after break out and price from equilibrium decided to break down consolidation...
thirdly after break down make a falling knife and return to %0.3 of that pattern (knife support)...
now btc have 2 area that we can get positions..
first scenario:
entry: market
stop loss: 16350
tp1: 16060
tp4:15811
second scenario:
we are waiting until price reach to QMM level area or flag at break out then get position
entry: 16380
stop loss: 16500
tp1: 16200
tp3:16000
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.