US100 / NASDAQ looks enough UpDo you see Channel and Resistance.
It is good place for reverse for my opinion.
I will looking structure on H1/M15 or M5 for entry. target is new lower low
Restistance
USD/INRFX_IDC:USDINR price is currently overbought on RSI and Bollinger Bands along with at a major resistance area. I believe price will fall to the bottom of the triangle. It is breaks the resistance zone, I will be looking for a retest before it continues to rise.
Square gearing up for $100+I am going to start doing things a bit different for my charts so please leave in the comments below if this chart or way of looking at it is better and understanding the text also.
Wave 1 Price at high $89.95 (10/14/22-2/1/23): These dates represent how long the waves lasted as we progress through them. The green wave count in the smaller text is wave count inside the bigger wave 1 and represents bullish signs.
Wave 2 Price at low $55 (2/3/23/-5/13/23): We saw a decline in Square during this time period that was pretty brutal... almost a 40% drop from the highs of wave 1. During this period, people tend to think recession and panic when they see drops like this happen so fast. Also, Wave 2's during a bull cycle of a stock tend be the worst drops when they happen compared to wave 4's.
Wave 3 Price Prediction at high $117 (Date unknown): This is the wave cycle we are at now and if that is true then we are headed much higher and we should all be buying this stock right now. Inside of wave 3's we see a lot of bullish signs in the market, news, and everything.. It is the best time to hold a stock as the most gains are made in a wave 3.
XTZ:USD LONG TERM TREND BROKEN, BULLISH?LONG TERM RESISTANCE TREND HAS BEEN BROKEN, RETEST AS SUPPORT WOULD BE BULLISH.
XRPBTC LongXRPBTC is in a good position for long Position , as you can see XRP broke one of the most important resistance today and its trying to stabilize itself above the 2230 Resistance .... as soon as stabilization of the price it may get a small correction for the next movement/testing the next resistance... well time will tell what will happens.
EURJPY Short Currently in a short position in the EURJPY looking to close at support around the 116.700 and then see if it continues to the 115.300 support or find support and heads back up to 118.500 for a retest
XRP SHORT TERM DOWN SIDETop Bollinger on 4hour and 1h
At overhead restiatnce Level
Whicks off over head downtrend restsantce
LOOK ING FOR WHICK TO .16
^wHICNK OUT SIDE BOLLINGER ^
!!ON FOUR HOUR AND ONE HOUR!!!!!!>>>>>>>
sELL TO
.1441 FIRST TAKE PROFIT
WOULD LOVE TO SEE IT HIT 12 CENT ON THE SWING DOWN-- HOPEFULY BLEED LONGER
this is what a stron resistance looks like I was honestly thinking it would crash another 50% this year from it's last low but you know sometimes I'm wrong...or right if then market decides to flip for whatever reason anymore
This Ain't My First RodeoThe exchange between gold and U.S. dollar has traced well with the Stochastic indicator for the last three years. Suggesting that it's been trading with a horizontal channel. Doing a forensic analysis, we notice the exchange's reaction to the robust ceiling at $1,350.57, that it's action is no different than the reaction towards the end of 2016. In that case it dived beneath the channel but returned within the channel. Something to anticipate with this latest reaction from the ceiling.
XRP Showing alot of volumeAs indicated on the chart ripple bounced perfectly off the trendline . It showed great volume, meaning that it is likely it will go further up.
When the triangle breaks i expect an upward movement. (it can break to the downwards side so be aware, allthough i think it is unlikely)
It should be said that every alt coin is depended on BTC 0.94% movement. BTC 0.94% is having a great bullish volume right now, indicating that alt coins are about to follow.
I believe the first target should be around .9000 - .9100. Which is a huge resistance level.
I set the stop loss to be below abit below the trendline , so if the trendline breaks, we would see XRP continuing the downtrend.
I will keep updating the chart, so stay posted
May the charts be with you
- luke
Wells Fargo's Resurgence (part 2)AT this aspect of the analysis will be straight forward because at this point, after studying the long-term trend (5-yr), we discerned that the price was trending up. After looking at the 1-yr chart my conviction hasn't been swayed although the price's trend is heading into a resistance cloud and 31.8% resistance level I feel there's enough momentum to break through them. At this point the long-term and mid-term perspectives look good the next will be to try to forecast the shorter-term prospective. BUT, I like the stock enough that I don't know that there's any more evidence from the price action to assuage me from further research. The last part of this analysis will be to do the fundamental analysis and understand the growth prospects of the company from within.
I'm not averse to doing the short term analysis, leave a comment if you'd like me to do it. Check my blog Ready Set Budget (readysetbudget.blogspot.com) for other aspects of financial planning.
Ripple is ready for another swing up!I think Ripple is ready for another swing up followed by a pullback and a new swing up. As we can see the area's for the potential upsides are a resistance followed by fibonacci area's and the swing are about the same size as last time.
GBP/USD Dip Sell - SupportResistanceThis setup often tends to return to the original support line and from there to a downward trend.
Woow! That was a lucky shot!!Time to take profit on the Bear Put Spread and look at whats next.
This stupid huge downcandles must be triggers by Algos and stop orders. Seems like prcie now stilised so its sime to start collecting call premium :) Since IV zincreaed...
EURJPY: Short with Bearish Pinbar on 1h and 4hThe yen pairs have been climbing very high for the pass few weeks. It seems as though price is getting rejected to go any higher. We will see if price will continue falling after it touches the trendline. Still a good opportunity to grab a few hundred pips.
FTSE 100 ABCD + Bat Pattern => Strong short opportunityChart speaks for itself no extra information needed
AURAUD Gartley and structure line upLooking at a Gartley pattern on the EURAUD that completes at a major structure level.
The level has been hit several times (it goes way back, beyond what i can fit in the picture) and the price has turned and bounced many times.
This time along with a Gartley pattern completion.
We have a nice 1:2 risk/reward on the first target and more than 1:3 on the second target.
Stops go right above the X point of the impulse leg.
Good luck!
