🔮 PEPE Analysis - Breakout Trading 💰💰 🌟🚀 #PEPE was trading in a Bullish Flag Pattern in daily time frame and breakout the pattern. We can expect a long rally as a retest has been done already #PEPE.💲💲 🔖 Current Price: $0.00000785 ⏳ Target Price: $0.00001081 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and...
We did well and got both our trades hit our exit point. Now rinse and repeat DAILY Broke through a resistance level and started creating new highs, plus our ascend was very impulsive and engulfed the bears in the market. Indicating we are pushing up and fighting bears now. 4H 191.24, the support price I will believe will give us further signs to look for longs...
This post will go over 3 wave degrees for $OANDA:XAUUSD. Primary (4h) Intermediate (1h) Minor (30 mins) Primary Degree: Wave 1 came to an end just below the December 2023 high of 2088, meaning we are likely entering a wave 2 of a 5 wave impulse. This can be seen on the image below where: The diagonal trendline links the high of 2148 till the high of March 1st...
This post will go over 3 wave degrees for $OANDA:XAUUSD. Primary (4h) Intermediate (1h) Minor (30 mins) Primary Degree: Wave 1 came to an end just below the December 2023 high of 2088, meaning we are likely entering a wave 2 of a 5 wave impulse. This can be seen on the image below where: The diagonal trendline links the high of 2148 till...
For a more detailed analysis, see my former post linked below which highlights many points of confluence for a bullish trend continuation. Here however I want to focus on our current move as we are approaching a strong upper resistance level . On our weekly chart, we're approaching a large resistance level in the top of a HTF wedge and the bottom of a large...
Coforge Looking week on hourly timeframe after a very good rally. Any candle close below 3870 can show a good down movement till the next demand area of 3500. It is a good area for accumulation for short and longterm gains as well.
Last day candle is going to close below the Strong Support line at 1860 which is considered a break in support. If you look at the other touches I circled, no candle closed below the line without selling for a bit. Also another reason to support this sell is the head and shoulders formation, we already have a shoulder and a head and if you look closely it’s...
Sellers this is an opportunity to ride the flag pattern down. If trade goes according to idea chfjpy would finally break that major resistance at around 118.000 and continue going upwards. Great swing trade idea. Any disagreements, leave a comment below.
USDCAD forming a Falling Wedge Pattern. Price action hints a short term sell to complete the Falling Wedge pattern. Own ideas only. Thank you.
The S&P500 reached our target-box in yellow and dropped like a stone. The impulsive sell-off confirms our primary scenario. Our next target now resides at 3262 points, bevor the bulls have a Chace to push back. We give the scenario in which the market stabilizes, in the range of 3262 - 3075 points, a probability of 38%. Should the S&P500 reach the blue target...
Delta has been undervalued since they haven't been able to perform as per usual. It may be a while before they continue business as usual. They will be able to bounce back as one of the Domestic Airlines. I am more interested in Domestic since other countries may want to keep a hold on the spread of the Virus by preventing international flights. Overall this is...
Hello traders, Back from holiday, I find this beautiful concept of Cypher that I want to share with you! On the long term could be a buy till 1.40 and after that a retracement to the first level that the price hit on Brexit (2016). Enjoy it! PS: It's just my vision, make your own actions!
Bearish Crab Pattern. Target, buy orders, retracement, PRZ in chart.
CGC Has run into multiple resistance trendlines coming into their ER release. I look for this to break it out of the current mini bear flag it's currently riding in, and send down toward support in the 27's area. At that point this stock is a long term add in my opinion. The industry will continue to grow, and this company will continue to find ways to grow with...
It's quite clear that consolidation is happening inside the triangle. Here are the reasons why it will most probably break up and not down: - we have strong support from previous top (possibility of a false break down) - support is stronger due to additional Fibonacci levels, that worked nicely as support before (colored lines) - convergence on indicators is...
Next weeks set up. To follow within my zones. Looking for Nzdusd to fall with the current zone to the red pivot line or potentially to the zone. However looking for it to continue Long. Key: Blue zone: Monthly Dark purple: weekly Red line: Pivot line Blue trend line: Daily
BITFINEX:BTCUSD Noisy Daily Analysis - Short-Term Bias adjustment 6400ish Potential Bullish Shark Pattern AC 1.13-1.618 XD 0.886 Potential Bearish Crab Pattern 1.618 Potential Bullish Gartley Advanced Pattern 1.272 Potential Bearish ABCD Pattern 1.618 2x Andrews Pitchfork Median Line Support and Resistance Levels Moving Averages Fibonacci Retracement...