Retestsupport
ORIENTAL HOTELS :RETESTNSE:ORIENTHOT had already given breakout and now it is Retesting to the Trendline. The Fibonacci is providing Upside Targets. Stop Loss for the same is given.
EURUSD H1Hello traders, EURUSD is setting up for a downside move, i am currently waiting for price to break the mentioned area and give me a beautiful retest for a short position opportunity setup.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong because i will learned from it and come back stronger.
GOOD LUCK & GOOD TRADING
Wipro Long time investment Opportunity Wipro Long time investment Opportunity. Retesting the multiyear breakout level and also forming rounding bottom pattern. Looks good opportunity for long term investment.
TWL retesting its breakout levelTWL has recently given a volume breakout from trendline and a strong supply zone and also crossed its 52 week high of 124.
It is now retesting the earlier resistance which can now act as a support.
One can take add at current market price or wait for a breakout of today's high, mostly above 128.
It can give a good move if it manages to sustain above 118-119 levels
ETHUSDT is looking for a retestThe price had a breakout from the descending channel and daily dynamic resistance after a double bottom on 2400$
On the 4h timeframe, after the breakout from the weekly resistance got a rejection from the 4h resistance and now the market wants to retest the previous resistance as new support on the 0.382 Fibonacci level in order to create a new higher low
How to approach?
The price needs to confirm the flip of the previous resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
$PROG Next Target PT 2.25 and higherProgenity, Inc., a biotechnology company, provides develops and commercializes molecular testing products in the United States. It offers Innatal, a noninvasive prenatal screening test offered to women early in pregnancy to screen for chromosome abnormalities, such as down syndrome, trisomy 18, trisomy 13, and sex chromosome disorders through the analysis of cell-free DNA; Preparent that screens for carrier status of hereditary diseases prior to or early in pregnancy; and Riscover, a hereditary cancer screen that analyzes 31 genes associated with inherited risk of 12 types of cancers, including the BRCA1/2 genes for hereditary breast, ovarian, colorectal, endometrial, pancreatic, and other cancer syndromes, as well as for the five genes associated with Lynch syndrome. The company also provides Resura, a noninvasive prenatal test for families at risk for rare single gene disorders; and Preecludia, a preeclampsia rule-out test. In addition, it offers anatomic and molecular pathology tests, and COVID-19 PCR testing services, as well as test products that includes chromosomal microarray for pregnancy loss, which evaluates the genetic cause of miscarriage; maternal serum screening for chromosomal disorders; and preimplantation genetic testing for use with artificial reproductive technologies. Further, the company develops therapeutic solutions for gastrointestinal-related disorders, such as PGN-001, PGN-300, PGN-600, and PGN-OB2. It also owns and operates laboratory. Progenity, Inc. was formerly known as Ascendant MDX, Inc. and changed its name to Progenity, Inc. in November 2013. The company was founded in 2010 and is headquartered in San Diego, California.
$BBIG Support and ResistanceVinco Ventures, Inc. operates as a consumer product research and development, manufacturing, sales, and fulfillment company in North America, the Asia Pacific, and Europe. It offers toys, plush, homewares, and electronics to retailers, distributors, and manufacturers through e-commerce channels; and personal protective equipment to governmental agencies, hospitals, and distributors. The company was formerly known as Edison Nation, Inc. and changed its name to Vinco Ventures, Inc. in November 2020. Vinco Ventures, Inc. was incorporated in 2017 and is based in Fairport, New York.
VoltasVoltas is retesting its recent breakout level after recent swing high .
Could be bought with mentioned stoploss & targets
BTCUSDT strong support zones here can pump priceAs we said before red trendline resistance broke and now the price is falling after the previous local pump and we can expect a retest of breakout and heavy pump after that.
Only if the 40K$ support zone break market is extremely bearish once again and price above 40K$ is range and we can expect pump too.
local support of 46K is ahead too and we can expect a rise here if this support remains valid.
DISCLAIMER: ((trade based on your own decision ))
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💎 HAPPY NEW YEAR 💎
ES at 0.62 Fibo: Lower Soon?!Note the consolidation zones along the S/R line reaching back coincide with the Fibo retracement 0.618 level; bull/bear battle zones, likely rejection zone. Overbought condition, indicators pegged, but can always squeak higher ofc.
A move lower is likely imminent, Whether it proves to be a higher low and price returns to lofty valuation, or a real correction, TBD.
Thursday's nutty wild bull price action feels like a blowoff top, confirm it Friday IMO.
Fade the Gap didn't play on 9/23, perhaps it will 9/24? Looks like a Pumpndump forming atm.
Watch for short covering in Power Hour Friday!
Trade with caution! GLTA!
Wyckoff pattern phase C is ruling BTC!As you can see yesterday retest of Phase C of Wyckoff pattern has been perfectly done,
RN the main way for BTC is going upside to the local and main resistances, This is not a high volume movement to the upside. This should be slow and steady but healthy. Im looking to take profit at each local R because if this pattern becomes true, Wyckoff Phase D will be started which is LPS. On HTF I expect HH and HL.
GOOD LUCK AND HAPPY TRADING.
bullish flag: target 775$Bullish flag is done forming in 30m-h1 - when it breaks target = 775$
I'll wait to see if it retest support to confirm uptrend then I'll take position.
USDAUD - BEARISH MOVEMENTA retest has occurred on both the support level and trend line, we anticipate a bearish movement.
BTCUSD. Cup with broken handle. A new cup being formed? BTCUSD 30M. Zooming in to see the price action detail. Creating a double cup pattern? The first one failed and as I write this BTC is still trying to go long. I don't think it will. But, I need confirmation. That for me is achieved if Trendline 'A' & 'B' are challenged and break. We have seen a wick down to 10808 and that I believe is a foot in the door for more downside and was anticipated. BTC correcting to the upper 9K area would be good for long term BTC action (CME Gap & strengthening structure). I am eagerly awaiting it. I still see in the shorter term around 10300 being very much on the cards.
The long argument is a completion of the ascending triangle. I have moved the lower ascending trend-line to include the 10800 wick. If BTC can close over around 11188 on the 4 hour chart I will be expecting a test of the recent highs.
Retest of a upperline of a channelAfter a break out of the channel the price retest the upper line of this channel in the fourth wave.
In the green support zone, I will search for a bullish reversal pattern besides that not to fall below the critical level at 0.8810.
#bitcoin - Weekend with M-R2 as Resistance and Yearly as SupportGood evening,
looking at the 240 interval and the parallel channel Bitcoin is currently moving on the lower side, we see the Yearly Pivot that still needs to retested from above,
is currently together with the lower lead line of the channel building the support to look at and therefore if not happening before a good possible re-buy area.
Currently the Monthly R2 Pivot is in the way of price increase. The January still is not over so not saying anything too early, but history (again) might not repeat.
Everything important is as usual automatically marked for you.
Have a great trading weekend.
Neru
Long first retest of support on ZilliqaThe plan here is to long the first retest of support at around 376 sats.
I'm hoping that the support level where price is currently will fail for a nice opportunity to long the next level under.
TP is at what i think is the next closest strong resistance.
All ive used here is simple horizontal support and resistance lines, lets see how this goes.
GXSBTC - Get your bags early and ride it out!Analysis:
Correction ended back in mid August. Accumulation nearing final phase. Cup and handle pattern could play out though I do not think its very likely. I assume we will dip again and retest the next support level - which will be our entry...
Entry Point:
We are waiting to see if price will continue to drop and retest the lower support. Looking to go long at around 1850. See detailed screenshot below, using Bottomfinder to find best local entry. Using the prior BTF signals we can establish a range of likely entry. Wait for the strong bottom signal or when bullfilter value retests the lower channel boundary.
Take Profit:
The green lines represent target take profit levels. We suggest cashing out 15% at T1, 40% T2, 40% T3, 5% T4 (or let it ride if it still looks bullish ).
Stop Loss:
Stop Loss suggested at ~1500, which is below the liquidity pool and 3 established local support levels.
Upon completion of T1 move stop loss to entry point to secure a risk free trade. Additionally continue moving stop loss up by one target each time a new target it reached. i.e. when T2 is reached, move stoploss to T1 level.
This way you can ride out dips with no anxiety and automatically exit the trade in profit should you not be around to monitor!
