Higherlow
EURAUD 8 HourPrice currently is following an uptrend making higher highs & lows. Price is now at a very powerful zone making a new higher low, & momentum seems to be slowing down here. From this zone, I will be watching price action for confirmation for price to resume the uptrend for a new potential higher high next.
$USPT - Gorgeous Consolidation on Increasing VolumeThis chart is looking better with each day that passes. USPT has been consolidating for the greater portion of a month, while consistently testing the 126 level and creating higher lows in the process.
Volume has been steadily increasing throughout the month as buyers aggressively and consistently step in after each rejection, leading me to believe that we likely break this 126 level soon. Lots of bullish action taking place in this ticker, it's only a matter of time before sellers get exhausted and we make a large move upwards.
Once 126 breaks we likely visit 134, and above that 144.
All that being said, stay patient. This trade make take a bit longer to play out than originally anticipated.
$LINK: Pitchfork still providing clear S/R levelsHey yall. I think $LINK is looking really good here! We've seen a pretty clear A&E bottom with higher lows being created! As you can see the blue 1.0 pitchfork prong that acted as such strong support is now acting as a clear resistance! If we go back to re-test that 19.50 levels where we previously held and failed, I'd expect a bounce to above 20 and to continue our way back up!
Fundamentally SWIFT news and the amount of integrations and partnerships only continues to grow for Chainlink. Smartcon is coming. Super linear staking is coming. Any $LINK price under 50 dollars is a gift. I've been buying these last few weeks. Long term plan still intact.
BTC short term decision timeAfter breaking down from a recent pennant it is now decision time for Bitcoin to print another low. The question is whether or not it will be a higher low in the short term.
Failure to print a higher low could result in a further drop and more continued macro sideways movement. Whereas printing a higher low may assist the price to push higher and have another crack at early 40k prices.
It will be interesting to see if another attempt at the early 40s will surpass them, or if we will get rejected again.
Also as a side note, we recently got supported by the 0.5 fib retracement which is a good sign.
With the current market sentiment, I am expecting further sideways movement for a few more weeks or months. But my opinion doesn't dictate the market's movements.
Bullish and Bearish Trend | ForexbeeBullish Trend
Bullish trend refers to consecutive higher highs
and higher lows in the price of a currency pair in forex during a specific timeframe. it shows that there is strong buying pressure.
Bearish Trend
The formation of consecutive lower lows and lower highs in the price of a currency during a specific timeframe is called a bearish trend. It indicates strong selling pressure.
Gold Spot BullishHello traders this is my analysis on gold spot my one of my favorites CFDs Using Heikin Ashi 4H candlestick charts showing higher highs and higher lows price action on this parallel channel still growing strong and still showing bullish signs.
However, I see that we are heading towards psychological resistance price level 1958$ which is a very strong resistance zone denoted in red rectangle which price has tested twice around November 2020 and early January 2020 partly of the decline of corrective wave B.
Price action set up now to break this resistance point with strong buying volume and bullish sentiment from traders and analysis.
I'm 85% confident gold is set up for a bullish market. Get your orders in; place your long positions from anywhere between EP@1890-$1910 ;TP@ 1950
Meanwhile if you enjoyed my content/ ideas, please leave a like and comment and don't forget to follow my trading view account thank you so much.
EMAMI LTD. - Looking BullishAs per my analysis, EMAMI LTD. is trading in a higher high - higher low formation on a weekly timeframe which confirms bullishness in the stock.
It is currently trading near the support trendline which can be a low-risk entry.
It has the potential of reaching the target of 550+ within the next 1-2 months with a stop below 460 levels.
SPX: Key points to be aware of! An unbiased analysis.Hello traders and investors! Let’s see how the SPX is doing today!
As we discussed in our last study, SPX is in a bull trend, and we have no convincing reversal sign around . Honestly, I overestimated the bears and thought they would make the index retest the 4,119, but they couldn’t even do that.
But how about now? The main challenge SPX has is the purple trendline in the 1h chart. Although we are doing higher lows, we still don’t have a clear higher high, and the purple trend line along with the blue line at 4,187 are two important resistances for the index.
The SPX must break these resistances in order to retest the ATH again, but what if it fails in doing that? I believe the daily chart may offer us more clues about it:
The 21 ema is pointing up, and we have a support level at 4,119, which wasn’t retested yet. If SPX fails in resuming its bull trend, we could see a congestion that could last for several weeks , and if it loses the black line, the purple trend and/or the red line will be the next targets to work with.
But so far, we must wait for confirmation, and not jump into any conclusion. I’ve seen more people losing money trying to predict the top, than when the market crashes. And even if it corrects to the red line again, this point is quite close to the 21 ema in the weekly chart :
So, a sharp correction wouldn’t be the end of the world , and the major trend would still be bullish. Therefore, let’s be careful here! And remember to follow me to keep in touch with my daily studies, and if you liked this idea, please, support it!
Thank you very much!
$HUSQ_B long swing tradeHey guys, today I've taken a look at OMXSTO:HUSQ_B . Its a swedish company with focus on outdoor power products and gardening tools. They have an average of 44B in annual revenue. The company has an average annual growth of 4%.
Enough about fundamentals now to the thing you came here for!
If you look on the 2h timeframe you can deduce that It made a higher low. On the daily It just hit support at 117.75kr.
I see this bouncing Its way back up to 128.80kr before next thursday. With this said I'm going long.
SNDL: There's no hope for SNDL? Maybe there is.Hello traders and investors! Let’s see how SNDL is doing today!
The support level at $ 0.95 didn’t hold the price at the first moment, but SNDL is trying to do a nice reaction right now. For the first time in more than one month, we have a clearly higher low in the 1h chart.
This means that if SNDL breaks the $ 0.95 again and triggers the pivot point at the black line at $ 1.03 , it’ll trigger a reversal pattern that could make SNDL fly again. This pivot point is so important because it can reverse the bear trend in the daily chart as well:
Finally, the volume is increasing again, which is something we needed for a long time. We talked about how the volume must increase for SNDL to start a new movement in our last analysis, and if you missed it, the link is below as usual.
Now the volume is increasing, which is good, but today’s candlestick pattern is quite frustrating, right? Yes, but the pivot point at $ 1.03 is the most important key point for the short-term, and regardless of how the candlestick looks at the end of the day, it won’t change this key point.
If SNDL is serious about reversing the bear trend, it must do a very strong bullish structure, and these things take some time, so, let’s calmly wait for more clues in the next few days.
And if you liked this analysis, remember to follow me to keep in touch with my daily studies, and please, support this idea if it helped you!
Thank you very much!
$BTC Needs ATH for Weekly Bull Momentum to Continue $BTC bulls will look to keep the higher highs and higher lows pattern coming into this week.
We'll need an ATH to keep the bull momentum in the long term.
Feels like heavy price suppression as close to 60k as the bulls can get. 58k support has moved up to 59k-60k recently which bodes well for another leg up.
Let's see if we can get enough volume to confidently break the current ATH.
J.Crypto
CHFJPY Higher Lows On The Weekly Chart | Watch Level 118.180Watch for a breakout at 118.180. Look for buying opportunities above 118.180. You will see higher lows pushing into horizontal resistance line. The Exponential Moving Averages are pointing up on the Monthly Chart, Weekly Chart, Daily Chart, and 4H Chart.