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G-channel

Band Practice BTC/USDT #regressionband #Bitcoin $BTC #cryptoThis is that Pink and Blue Regression Band that Bitcoin has been in since the March dump . You can see we just wicked the bottom edge of the pink part of the band earlier today near 10600 . We are still inside it though and unless we go down and close below the band then we are still good to see some upside. See the red arrow ? Near 14k ? That is going to wick us up to the top edge of the blue part of the regression band . Whether we could go even higher after that ,it's always possible . But we seem to be going towards 14k .You can place a regression band on your chart very easily by just placing it and it clicks into place automatically so to speak .You will find it in the left side free indicators in Trading View , the first drop down menu .
by shimmeringpath
2
$TSLA to slowly downtrend to correction?NASDAQ:TSLA Seeing a possible slow down trend on $TSLA. Many other automotive companies are producing EV's, seems just another possible factor that could take away from TSLA's steam. On the Daily chart we seem to hit a period of consolidation. If this accumulation doesn't feed enough momentum to continue upwards- I'll be watching to see if this stays within the small regression channel, which could lead to ~1330$ area. If that doesn't entice buyers, I see this riding to the bottom of the larger regression channel & possibly resting around ~1200$ before developing a new trend. This analysis is strictly for educational purposes, as shorting $TSLA can be bad for your health and is ill advised. Good Day!
NASDAQ:TSLA
by NillaCoin
Potential descending channel for MMED?The green upward sloping line of support is potentially keeping a bullish flag in play here, but it appears as though downward pressure is indicating there may be a retest of the bottom blue channel where I have the red arrow pointing down. KEY TAKEAWAYS A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Traders who believe a security is likely to remain within its descending channel can initiate trades when the price fluctuates within its channel trendline boundaries. A more potent signal occurs with a breakout, which is when a security's price breaches an established channel's boundaries, either on the upper or lower side.
M
by ScotianBot
BRKS - Cup and Handle. waiting for a regression channel breakout$BRKS I would have been more convinced if the Pearsons value in Regression channel was >0.899 Also there is one bar above Regression channel and one bar below regression channel. 47.7 to 47.95 is a resistance area. Pearsons is not very important so as to not to take the trade as it is near 0.9 levels only. But still worth a buy as fundamental is strong. So i will place a buy above 48.2 for a 8 to 10$ move. But after a buy i will keep 47 as stop loss.
BLong
by RiderTrader
USDCHF - Intraday Idea - Break of ChannelHi Traders! The market is ranging. Key Areas: Resistance @ 0.95253 weak Resistance @ 0.94881 Support @ 0.94103 Parallel Channel - descending, active Category: - Intraday Idea - Shortterm Trading - Catching Small Movement - Break of Channel Description: The market in not in a Trend, so we can either Buy or Sell. As you can see the market is moving between some Key Areas; these are the Support and Resisitance Levels in blue. It was moving down (first arrow), than up (second Arrow), than down again (last Arrow). Now it is still in the Down-Movement. The Down-Movement is in the pattern of a Parallel Channel. The Trading Trigger is the bullish Break of the Channel. We only want to catch a small movement, that's why we set our TP at the next weak Resistance. The SL is under the blue Support. We recommend to trade the Breakout on a closed candle. Thanks and successful Trading :)!
by swissmoneymakers
EUR/JPY Technical Analysis.Currently, EUR/JPY is trading at 119.58. The pair started a new down trend on 8th June and after giving the exit signal on regression trend by breaking the support level, it consolidated between the resistance and support levels. After breaking the support level and neck line at 120.68, the pair continued the down trend, its first target price for the down trend will be at 119.31 and the second target price will be at 118.47. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Short
by rishililawat5