UPDATE On Funky Head And Shoulders On Gold. Retest Confirmed!*UPDATE Looking at the 4-Hour view on Gold, we see that we have a potential inverted head and shoulders pattern playing out.
We have seen a retrace to the neck zone (Labeled on the chart ).
As we are Breakout/Retest traders, we always always always like to see a retrace back to where the initial break out occurred from before we considered entering.
Now that we have seen our retest of the neck zone, I have opened a long position targeting 1810.4 as a target
Targetprice
TUPPERWARE tehnical analysis monthly chartHi ! Above is my view for TUP, for long term strategy. I hope you use it. Good luck !
ABM | Triangle Breakout | Target ENTRY PositionABM | Thailand SET Index | Energy Sector | Chart Pattern Trading
> Chart Pattern: Symmetrical Triangle Breakout
> Price Action: ENTRY position @ Breakout with strong momentum crossing up above VOLUME PROFILE POINT OF CONTROL
> Indicator: MFI Bull momentum above 60, RSI > 50 golden cross MA line, MACD crossing up signal line above baseline 0.
Trade with AFFORDABLE risk ratio 3:1
Trust in SYSTEM indicator
Always respect STOP-LOSS
Good Luck
DP
VET/BTCDirectional Bias: Bullish
Pattern Type: Non-Directional
This pattern is comprised of three phases and looks a bit simular to a frying pan. There is the Lead-in Phase, the Bump Phase and the Uphill Run. The lead-in phase is the handle of the frying pan before a larger decline. Following the decline, The bump phase forms as the price forms a flat or rounded bottom. The uphill run phase is after the breakout. For this type of formation to be analyzed an arithmetic scale will need to be used.
Volume description: Volume is typically high at the beginning of each phase and decreases throughout each phase.
Measuring technique: The price target is the descending trendline drawn across the hihgs in the lead-in phase.
EUGBP - HARMONIC BAT WITH IMPULSIVE WAVEThe 161.80% of Bat Pattern is hit, and possible to hit the 261.80% of it. Creating Elliot impulsive wave.
If break down the PRZ LINE which is 88.60% of XA, impulsive wave is invalid.
"TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
* 100% target price of Pennant Pattern.
$ACET entry PT 12.70-13 Long term Target PT 32 and higherGuggenheim Maintains Buy on Adicet Bio, Raises Price Target to $32
Adicet Bio, Inc., a biotechnology company, discovers and develops allogeneic gamma delta T cell therapies for cancer and other diseases. The company offers gamma delta T cells engineered with chimeric antigen receptors and T cell receptor-like antibodies to enhance selective tumor targeting, facilitate innate and adaptive anti-tumor immune response, and enhance persistence for durable activity in patients. Its lead product in pipeline includes ADI-001, which is in Phase 1 clinical study for the treatment of non-Hodgkin's lymphoma. The company also engages in the development of ADI-002, which is undergoing preclinical studies for the treatment of various solid tumors, including hepatocellular carcinoma, gastric cancer, and squamous cell carcinoma of the lung. The company is based in Boston, Massachusetts.
XAU/USD Technical AnalysisPrice was in consolidation and formed a rising wedge. The trendline has been broken as expected to the downside and retested, I expect gold to drop post the FOMC meeting hard tonight. 1750 might act as support but the wedge target is 1725 where there has been lots of buying pressure so it must be the last TP area.
BTC / Bitcoin price targets. (working fine 'till now)fibonacci, rulers, MAs and trend lines.
I used a simple fibonacci retractor from the last $60K ATH to the All Time Low $30K, made a Schiff Pitchfork from the Bull Trend after that, added support and resistance lines to that too. I used Median Averages Lines 20/50/100/200 from the week timeline for extra context too
ETHEREUM Cup and Handle Formation $7000Ethereum has been forming a cup and handle formation with the target price of 7000$. Latest bitcoin's run to 50k shows strength for BTC, but slow rise for altcoins. While BTC is running towards ATH, Ethereum would be following it slowly. After BTC starts to consolidate, I am expecting Ethereum to break through the resistance of the cup, and run towards $7000 by triggering an altseason, plus, leading other altcoins to reach their ATH levels.
ETHO three levels to exceedETHO now has three levels, which can be seen on the chart, that have to be broken in order to gain stable growth up to 0.1385 with supposed peak at 0.15. Similar pattern can be seen from 25th of July up to 22th of August. Support level at 0.0740 level was confirmed.
BTCUSD - Bitcoin short-term recovery and correction 20210910The BTC market is indecisive. If it recovers the short-term price recovery may be around $46,400. However, if it fails to defend the support of around $46400 it may correct to $40200.
Both the recovery target and the correction target have support and in consideration the data from the volume profile , recovery target in the 1h chart and correction target in the 1d chart.
ABT to break out?* Strong up trend
* Consolidating since beginning of 2021
* Strong earnings
* Lower than average volume
All signs point to it breaking out soon. Due to the lack in volume ABT may visit the $126 area before breaking out.
Trade idea:
* Wait for a break before entering
* Look for an entry around $126 for a discount
Target after breakout would be $151.65
Looking at its growth, ABT is a great long term hold that pays out dividends!