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Upward_channel

WEEKLY ANALYSIS EURJPY SHORT SETUP!! BREAK OF A CHANNEL!!Good day trader, I hope you have a great day ahead and start off your day with a good trade! Start off with EURJPY, as shown on the chart above, you can see a break of an upward channel. Therefore, bear is most likely to take place and before a strong bearish movement, a correction is expected to take place. We will be looking for sell opportunity at 50% and 61.8% fibonacci retracement zone. A push to -27.2% is most likely to happen if price reject EMA 55. Sell limit: 121.118 SL: 121.500 TP 1: 120.30 TP 2: 119.826 Always go for a clear analysis and make sure to have a proper risk management for yourself. Happy trading traders!
Short
by ChinSengFx
BTCUSD UPWARD CHANNEL ( BREAKOUT ? )WEEKLY CHART As we can see in the weekly chart bitcoin is inside this falling wedge that in some point in the future will break out of it from the upside direction and it will start the after halving 3rd bull run. So the possibilities are 1st to break more quickly and 2nd to fall first around 7000$ and then breakout that giant falling wedge. 4-HOUR CHART In that chart we can see after the crush that lead bitcoin at around 8200$ the price formed an ascending triangle and after breaking it it formed this upward channel that is following until now. It had some times- possibilities to breakout from up or down but until now it is following that channel. I think the breakout from this channel it will lead a run upwards ( $9400) or downwards ($7000). Ascending triangle 30-MIN CHART - UPWARD CHANNEL I post this 30 min chart only to show that strong upward channel that was created inside the triangle and after the triangle breakout the bitcoin price follows that channel.It is an important price channel and we see the bounces in the limits.It will have more opportunities in the future for bitcoin to break that channel and when that happen it must have a lot of volume to have a long run. SCENARIOS As the charts saying i thing because of the breakout of the triangle that leads to gains at around $9300 and also the upward channel the price will continue to be bullish until that and then if it breaks it i will start the major bull run but if it breaks the channel it may fall at around $8640 or $7000 in that range. This is my thoughts of what will happen after it breaks all the previous resistances and trend lines and starting forming the new halving bull run. This is only my opinion and not a trading advice. Thank you!
GEMINI:BTCUSD
by we_axolotl
1
Back problems for $MSFTNASDAQ:MSFT By starting the median line at a low point in December of 2018, you can see Microsoft continuing on an upward pattern through the first half of 2019. Then in August 2019, it seems $MSFT ended up with a bulging disc. It ran right out of Andrew's pitchfork, then it circled around until popping back into the channel on February 4th. Why the heck did it do that? I have no idea. Regardless, with government investigation into MAGA, $MSFT is back on its path.
NASDAQ:MSFTLong
by napatrader
BTC trapped longs from bottom of the channel with 200$ wick downBTC trapped longs from bottom of the channel with 200$ wick down. Just as discussed BTC did dip a little bit further (9490$) befor actually bouncing and returning into the upwards channel. Some early long did burn and provided the fuel for a small bounce returning price into the upwards channel. BTC dominance got rejected and is currently dipping some more. So BTC might range for some time again. This should provide room for growth for altcoins. It might take some time though.
GEMINI:BTCUSD
by megaprofits
BTC looking weak. Migh correct a little bit more. BTC looking weak. Still confluence on indicators might suffice for a bounce here. We are currently trading at the bottom of this upwards channel. The daily so far is looking weak and hinting to a further decline of price. At around 8800$ we have the 200MA & 0.618 fib so a bounce from these levels currently seems likelier. Before even look at these levels $BTC must break trough the bottom of the downwards channel and fall before 9400$ which might prove to be harder than it seems. Good luck to all bears out there.
GEMINI:BTCUSD
by megaprofits
ADA breakout rejected (for now) ! ADA breakout has been rejected/postponed (for now). A nice upwards channel formed on 4h . So far movement in the chart has been steady and backed up with good volume. Price got rejected and might have to cool off a little bit or consolidate in the currently forming bull pennant and then attempt to go up again. Even if we visit bottom of the channel the chances for a new breakout attempt in the coming days is big. Supply zone sitting right above 700 Sats (worth to keep in mind as well).
by megaprofits
Cipla moving in Up channel in Daily chart at Break / Make LevelHi Traders, Cipla Moving in Upward channel in daily chart can go: 1) Long on breakout from Upward channel & imp resistance around 484 Level. (See chart) 2) Short on breakdown from Upward channel till target at imp support around 400 Level & moved back to downward channel. (See chart) So Cipla at make or break level with moving in upward channel & imp resistance at around at 484 level (See chart) What indicator are suggesting: 1) RSI moved above 50 (Bullish) & making higher bottom . (See chart) 2) MACD which is momentum plus trend indicator turn positive as signal line cross above zero & MACD line is above Signal line. (See chart) Quarterly Result is there on 6 Nov , coming day will decide will direction it will go breakout or breakdown from Upward channel. Happy Learning ); Disclaimer : This is post only for educational purpose . Do your analysis before taking position or trading.
NSE:CIPLA
by karanwealthape
GM: Short-term Long; Long-term ShortThis is not investment or trading advice. Always do your own due diligence. GM is obviously trading upward within a rising channel over the shorter term. I plan to trade the rises and falls, so long as it respects the channel. I do believe it will break to the downside ultimately. The company, over the longer term(10yrs) isn't going to be appearing in my portfolio unless it starts amortizing its debt more agressively. Right now they are agressively financing their expansion with debt and I'm personally not comfortable holding companies with more debt than equity.
NYSE:GM
by em2719
ETHEREUM continues to move in the upward channelDirection: Short Reasons for open position: - Price continues to move in the upward channel - I think price will breaks down upward channel - Then after little pullback we can open short The information provided is not financial advice, always do your own research. Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it. Also, if you have questions you can ask me them in comments! Please no need to write them in PM, ask in comments!!! Thank you very much for your support!
BITFINEX:ETHUSDShort
by UnknownUnicorn2760874
9
LITECOIN, price can breaks upward channelPriority: Short Reasons for open position: - If price breaks upward channel, we can sell after pullback - Price made fake broke of key level - Key level is 100$ Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it. Also, you can ask me questions which you have in comments! Please no need to write them in PM, ask in comments!!! Thank you very much for your support!
BITFINEX:LTCUSDShort
by UnknownUnicorn2760874
12