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Uptrendchannel

Ford F Making One Last Push Here we see Ford has been in an Uptrend Channel for 479 days and is at its last stop before testing the 20 Year resistance. Given this channel is so well established I see no reason to believe it doesn't make it to the resistance before reversing the trend. Now I want to make it clear I do not expect it to break it but I do expect a test. We have seen multiple Bullish Falling Wedges as Ford has made its climb and I expect one last one will play out. ~Could see as low as 13.50 before rising ~The target would be around 17.75 ~A break below the channel trendline will likely invalidate this analysis
NYSE:FLong
by NoOneWhoIsSomeone
1
My prediction of the Gold movement until the end of 2022Depending on the 200d MA, and considering the long Bull flag, and on the other hand, looking at the economic outlook and the state of inflation and US interest rates and Possible weakness of the dollar index, we can consider the main movement of gold as an uptrend until almost the end of 2022, or even a few months earlier, Gold could be traded in the range of nearly $ 3,000 . Perhaps if it were not the current interest and transfer of a huge amount of capital to the cryptocurrency market, we could be seeing much higher rates of gold now. What do you think about this scenario? shall we got ready for this?
TVC:GOLD
by monaA89
DVN Uptrend - What to expect I took some time this morning to go over the chart for Devon Energy. It looks like there is a lot of room for potential. 35 Analysts say 86% BUY. Trend continuity is in perptual uptrend. There's a steady diagonal line there. Earnings report coming up in July. There are some good short squeeze positions at the pinnacle of those bounces as well however if you buy now and hold until the end NYSE:DVN of the year there is a good potential for gains at just under 50%.
NYSE:DVN
by cleverfoxinbox
BTC - H4 - IN A ONGOING UPTREND CHANNEL !H4 : In a ongoing uptrend channel. No sign of reversal in this time frame yet. Nevertheless, as mentioned previously on H1 analysis a bearish divergence took place and a trend revesal is in progress in shorter time frames. Theferore, I would strongly suggest to monitor very closely short term time frames (even on M5 for those who are very, very short term oriented !!! to get clues on different time horizon, starting from M5 to H4 on intraday basis. CONCLUSION : On H4, watch the following levels on a closing basis : 1) 58549 2) 56500 A breakout of one of those level would give the temperature for the upcoming periods (see previous analysis for targets) Ironman8848
BITSTAMP:BTCUSD
by Ironman8848
BTC - D1 - IN A CRITICAL SUPPORT ZONE !D1 : Yesterday's price action, after having reached a low of 53'400, recovered nicely and triggered a bullish engulfing pattern with a closing level exactly at the bottom support line of the ongoing uptrend channel. Ongoing today's price action is showing for the time being a reversal price action which of course should be confirmed this evening on a closing basis on this time frame. Nevertheless, as you can see on this chart, BTC is currently traded in a critical support zone. A failure to stay and hold above the uptrend support trend line (in green) would be negative and would open the door for the very important support area, which is the clouds zone ranging from 54600 towards 49990 with the 38.2% Fib ret @ 51106 ! Therefore, I would suggest to monitor closely price action over the day on shorter time frames which will give you intermediate validation or invalidation on the expected bearish scenario. CONCLUSION : BULLISH SCENARIO : IN ORDER TO NEUTRALISE THIS ONGOING BEARISH PRICE ACTION, BTC SHOULD : 1) REENTER IN THE UPTREND CHANNEL AND HOLD IN IT 2) RECOVER AND HOLD ABOVE THE MID BOLLINGER BAND (58906) 3) CONFIRMATION OF THE BREAKOUT OF THE ONGOING DOWNTREND LINE RESISTANCE (BEARISH PHASE IV) BEARISH SCENARIO (EXPECTED) AS MENTIONED ABOVE IN MY ANALYSIS
BITSTAMP:BTCUSD
by Ironman8848
3
BTC - D1 - WATCH THE CLOUDS !D1 : Still in its uptrend channel with below, strong support represented by the clouds which until now rejected all downside breakout attempts ! Below the Mid Bollinger Band (59258) ! Watch carefully the bottom of this ongoing uptrend channel as a failure to stay inside would put the focus on the clouds area support zone (currently 53700-48000) Interesting to note that the middle of this uptrend channel coincides roughly with the former high @ 64895 seen a couple of days ago. Therefore, in order to neutralise this ongoing downside risk, BTC should recover first of all, above the Mid Bollinger Band (59258) which would be the first positive signal and then, confirmed by an upside move above the middle level of the uptrend channel, having in mind D1 closing level
BITSTAMP:BTCUSD
by Ironman8848
2