MEME/USDT 4H TFPrice retest the neckline of this invert H&D .
If BTC stay above 40000$, I believe it's very possible to reach the target .
Stay safe , use SL , good luck
Necline
INTC - Breaking out of BaseINTC had been basing in sideway range between 24-31 since mid September 2022. It tested the neckline region between 30-31 at least 3 times and similarly the lower range between 24-25+ also 3 times (formed an imperfect triple bottom).
Yesterday it gapped above the neckline on strong volume and in the process, managed to close above the 200 day MA for the first time in a year. It is likely that the stock is now slowly emerging from it's base and any dips in the near future, especially back towards the neckline @30 +/- could be an 2nd opportunity to accumulate. Expect to see the 200 day MA flattening out and a Golden Cross materialising in the coming weeks.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Protect your trade with stop losses. Take care and Good Luck!
MY VIEW ON GOLD/XAUUSDMy view on OANDA:XAUUSD
Gold has been in a Bear Run for a while, printing LLs and LHs, following the significant trend.
Now:
Gold has broken its significant trendline with a big green candle showing the heavy buyers in charge, and RN it is around the Neckline(check analysis).
Plan A:
Sell from the neckline if see any bearish signal
Plan B:
Buying after the neckline breakout or when it gets retested after the breakout.
Trade your levels accordingly.
Your feedback would be appreciated and you can also share your analysis on Gold.
Best of Luck!
NZDUSD Head And Shoulder ShortH&S Pattern has formed and price is currently retesting neckline. Good time to short.
