Traders, I've been reading that the second round of GBTC outflow, which contributed to the selling pressure recently, is drying up. This pattern on the 4 hour chart will either confirm or deny this rumor. You can see the inverse head and shoulders pattern drawn. A break to the upside would target our previous high almost exactly. A failure to break the neckline...
Fashionable Analysis of CVS Stock Trends: A Parabolic Turn on the Horizon Introduction: In the realm of financial fashion, CVS stock is set to make a stylish entrance with a parabolic turn, showcasing a strong formation on the 4D timeframe. This trend is marked by the elegant falling wedge pattern and the chic double bottom overlapping patterns, following a...
Save time. Technical Analysis in just a few words. Daily Timeframe. AAPL is currently developing a bigger 3rd Wave on the upside. Long term direction: LONG It looks like Wave 3 is still unfolding on the upside. A correction will come soon, then a final Wave 5 will push on the upside (probably by the end of the year). That's it. Have a nice day! DISCLAIMER: The...
USDCAD currency pair moving between the ranges, wait for potential breakout and place your buy and sell stop orders to take breakout trade.
Hello Dear friends Currently, the positive divergence of the RSI combined with the downtrend line on the daily time frame has strengthened the possibility of completing a bearish wedge pattern. To form an upward trend similar to the drawn scenario, we have two conditions: the complete consumption of the $108.9 range and the maintenance of the $87 range. If the...
Hello Dear friends It seems that at the end of the downward trend of the daily time frame, due to the positive divergence of the RSI, the probability of completing a downward wedge pattern is high. If the current rising trend is above the $0.81 range, we can expect the completion of the pattern and the formation of a rising trend, provided that the $0.378 area...
Hello Dear friends happy new year :D On the daily time frame, we have the positive divergence of the RSI, which has strengthened the possibility of forming a bearish wedge pattern at the end of the bearish trend. The current trend is likely to continue up to the $0.23 range. In case of breaking the downward trend line and maintaining the support range of $0.19, we...
Hello Dear friends So far, according to the analysis, it has performed well. If the current trend can be above the $3.31 range, the possibility of the upward trend will be strengthened to higher areas. But keep in mind that the probability of reaction to this range is high. If the range of $3.31 is not consumed, we have a higher probability of forming a...
Hello Dear friends If we look very, very classically, a triangle pattern was completed on the daily time frame and at the same time a cup and handle pattern! It seems that the two specified ranges can be considered as targets. Keep in mind that maintaining the $284.99 range is very important. We would be happy to hear your comments
Hello Dear friends If the price range of $53.11 is fully consumed, the possibility of the continuation of the upward trend to the white range of $57.14 will be strengthened. The primary range for reaction and low risk for us is the yellow range ($49.48). If the corrective trend breaks below the $48.46 price range, the bullish mentality will expire. We would be...
Hello Dear friends Double ceiling pattern in four hours time frame!? Considering that the $7 range was completely consumed in the previous corrective process, we have more mentality to continue the downward trend. We would be happy to hear your comments
Hello my dear friends In the higher time frames, I don't have the mindset to change the trend to an upward trend! We must not forget that the price range of $183 has been used!!!! But in the four-hour time frame, provided that the range of $225.53 is maintained, there is a high probability of completing a continuation triangle pattern. The target of this pattern...
Can you See it? Hindusthan Unilever Stock Price is in a Important Position.
So as per previous analysis, DASH played out how I explained. DASH retested the long term trendline and then on the daily chart the RSI crossed over the red horizontal line causing DASH to become parabolic. Here is what I mentioned in last analysis 'On the daily chart of LMACD shown below I know when it breaks above the red horizontal line, Dash goes parabolic in...
A quick risk 25 pips to make 50 short term, Long Trade NZD/USD, Trade it when you see it folks! Good luck @forex @nzdusd @currencies